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1. Brand Growth Strategy… How Does it Apply to Ireland? Maureen van Wijk - Millward Brown Ireland

Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

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Page 1: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

1.

Brand Growth Strategy…

How Does it Apply to Ireland? Maureen van Wijk - Millward Brown Ireland

Page 2: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

2.

A Revolution in Tracking

is needed…

Page 3: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

3.

We know it works...justification to the business

-100.0%

0.0%

100.0%

200.0%

300.0%

400.0%

Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11

Stengel Top 50 S&P 500

+393.0%

-7.9%

Strong Brands outperform the S&P top 500 so it is crucial to

understand how our brands are performing, and how they can improve

Page 4: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

4.

…Looking at the growth potential

of some brands in Ireland..

Page 5: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

5.

What’s best for your brand in terms of growth potential?

We have Irish data available and have run 11

categories with 4,500 respondents.

Study is run in cooperation with our WPP

agencies in Ireland

Page 6: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

6.

So…let’s look at an example

Page 7: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

7.

Eddie Rocket’s relevance in the Irish market drives its

potential for the future

Power 21 8 8

Potential 99 41 78

158 179

289

125 92

117 153

110

55

Average 100

Meaningful Different Salient Meaningful Different Salient Meaningful Different Salient

Page 8: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

8.

McDonald’s vs. Eddie Rocket’s – Business Questions..

• Q: What role should McDonald’s play in the category?

• McDonald’s is a clear market leader. Its strong power score is firstly driven by

its very high salience. This contributes to one third of its Power score.

• It also has a high perceived differentiation potential, hence the brand has the

authority, and needs to constantly innovate, as it is performing

very well on meeting its customer needs.

• Q: What brand dimensions should Eddie Rocket’s focus on to grow

share?

• Eddie Rocket’s, for its size, has a very strong brand power, driven by

its relevance in Ireland.

• A key priority growth would be to drive salience (partly related to

distribution).

Page 9: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

9.

Another example: Car Brands

Page 10: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

10.

POWER

Brands with a HIGH BRAND

POWER SCORE are those

that consumers are more

likely to buy…

VOLUME BOUGHT

(index to average)

LOW

(bottom

1/3rd of

brands)

MEDIUM

(middle

1/3rd of

brands)

HIGH (top

1/3rd of

brands)

Brand equity can be summarised into one number, the

Brand Power Score - a holistic measure of the volume

share which should be delivered by equity

Page 11: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

11.

Mark

et

share

Brand Power share

Brand Power converts to market share

at market average rates: an increase in

brand power is likely to result in

increased market share

Brand Power underleveraged:

Potential to unlock greater share

Stronger share performance

than brand Power

Brand Power can be compared to market share in order

to identify different actions to grow those brands

Page 12: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

12.

Ford has a higher share than its equity, whereas Audi,

BMW and Mercedes have potential to unlock their

stronger equity

Page 13: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

13.

128

165

96

145

107

150

113 89

177

Both Ford and Toyota lack differentiation – but Ford beats

Toyota on salience. Audi really stands out through ‘unique’

as well as ‘dynamism’

Index across all cars in Ireland 2013

Average 100

Meaningful Different Salient Meaningful Different Salient Meaningful Different Salient

Page 14: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

14.

So what would we recommend to:

• Maintain the strong awareness (177).

• Show your target how this car is different from its

competitive set (“feeling different”).

• Once differentiation is increasing there might be

potential to increase price…

• Maintain strong scores on meaningful and in particular

differentiation (uniqueness + dynamism):

• Build upon the Salience index– which could be through

increasing effective spend, distribution or other sales

activation activities

Page 15: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

15.

…A Quiz..

Page 16: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

16.

Top 3 per category – Power!

Financial

Providers

1.

2.

3.

Beer/Cider

1.

2.

3.

Cars

1.

2.

3.

Comms

Providers

1.

2.

3.

Confectionery

1.

2.

3.

Fast Food

1.

2.

3.

Grocery

1.

2.

3.

Hot Drinks

1.

2.

3.

Page 17: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

17.

Top 3 per category – Power!

Insurance

1.

2.

3.

Soft Drinks

1.

2.

3.

Spirits

1.

2.

3.

Page 18: Maureen van Wijk - Millward Brown Ireland · Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Stengel Top 50 S&P 500 +393.0% -7.9% Strong Brands

18.

THANK YOU!