While the summed importance of branding (of the carrier and the phone) in purchasing decision seems to remain constant at a total of 59% it is worth noticing that 19 percent of customers cite the type or brand of cell phone as a key factor during the initial process of selecting a wireless service, up from 11 percent in 2004. While the brand of wireless provider is still the most popular reason influencing the initial selection process, it has decreased significantly in importance, down 8 percentage points from 2004 to 40 percent in 2006.
Brand – Key Factor For Customers When Choosing a Wireless Service
October 31st, 2006 · No Comments
Tags: Strategy
9 Things To Consider When Naming Your Brand
September 26th, 2006 · 2 Comments
Since we talked here earlier about Naming Don’ts, let’s see some DO’s on the matter. Without any doubts, choosing a name is one of the most important decisions a company can make when launching a brand. More than that, when we’re talking about small businesses it seems that the most stressful thing about starting a new company was not manufacturing of products or advertising to customers, but coming up with a name.
Tags: Naming
New Global Brand Valuation Study
February 15th, 2006 · No Comments
Despite its dominance, Interbrand/BusinessWeek global brand league table has inherent weaknesses. This is not news to anyone who works in branding: most marketers accept that the Top 100 is an imprecise but important approximation of global brand equity.
But all this is about to change. Next month global agency group WPP will launch an alternative brand valuation league table that will directly challenge Interbrand’s calculations. The system has been masterminded by chief research officer Andy Farr and his marketing quant jocks at Millward Brown Optimor (MBO).
Tags: Brand Value · Top Brands
Key Branding Trends in 2006
January 25th, 2006 · No Comments
Robert Passikoff is president/founder of Brand Keys, which has published the Customer Loyalty Index of leading companies in 26 product and service categories since 1996., has an interesting article over at Chief Marketer about what he calls the five key trends that will determine the difference between success and failure for brands and marketers for [...]
Tags: Brand Management · Strategy
Evaluate Your Name
January 11th, 2006 · No Comments
When re-branding a business or a product or when you set up a new one and have to come up with a brand new name you should find a way to evaluate among different options that might come up in order to choose the best one out of them. Here I just stumble upon and [...]
Tags: Uncategorized
Brand valuation – 7 applications
June 14th, 2005 · No Comments
Since seven seems to be the magic number which relates with brand value and brand valuation let’s check seven applications of brand valuation:
Tags: Brand Value