Touching the "Intangibles" -
One of the difficulties of measuring brand equity is in agreeing
on the terms of measurement. While BrandSequencing does not claim to provide an
elaborate system of brand equity measurement, it does quantify customer feedback
when rating competing brand attributes. These ratings, in combination with the
"qualitative" anecdotal evidence gathered in Brand Interviews, provide a compelling
and tangible snapshot of Brand DNA and competitive positioning, the most important parts of
brand equity.
Having a dependable measurement of brand equity has a number of strategic advantages in:
• Protecting the price premiums customers pay for your brand over competing brands
• Directing marketing communications to build on the strengths of your brand equity
• Creating a new product category, rather than competing in an existing one
• Introducing new products and services
• Defending current market share and winning new share