The
past few decades have seen the emergence of Brands as the make all and break
all of businesses across the globe. What was born as an “identity- a name,
logo, tagline” has today become the heart and soul of the business. More and
more proponents of Branding are canvassing the need for the “brand” to become the
central driver of all that a company is, does and wishes to become.
Therefore
the brand is becoming recognized as the firm’s most important asset. It has
come to represent the cumulative result of all of the company’s activities in
the market place. Brands have morphed into investment vehicles that are
designed to build perceptions and experiences to influence purchasing patterns
and relationships with potential and existing customers.
Most
companies that understand and perceive the brand as being central to their
activities, base their decisions about the brand on rigorous and vigorous brand
research. Yet many marketers and indeed even branding professionals find
difficulty in differentiating Brand Research from Market Research. While they
understand the importance and power of research in quantifying buyer demand,
they are unable to perceive its role and importance in examining the customer’s
“brand experience”. Brand research helps firms to define and understand customer
expectations, evaluate whether they are being met and finally to explore how to
exceed expectations.
In
the forthcoming years, brand research will need to foray into the methodologies
that are able to delve into emotions and evaluate them as drivers of brand
experience. This will require the utilisation of research and design
methodologies, techniques and tools that elicit insights into the “WHY” of
users goals, needs and motivations and find ways to translate these insights
into brand, product and service concepts.
Brand
research in India, is likely to see some trend-setting changes over the coming
years. While the list here is definitely not exhaustive, it should be indicative
of the future.
- Pure methods will give way to
hybrids
Brand
research will need to explore the use of newer technologies as research
instruments while delving more heavily into other disciplines such as
Anthropology, psychology and cultural studies for devising innovative research
designs. Many businesses around the world have already begun to change the way
they track and measure their brands by using technology to enhance qualitative
techniques. For e.g.,
- Using webcams to
observe consumer experience in their context of use
- Software that
tracks consumer content usage on the internet, that researchers then
investigate to understand target consumers
- Events that take
place in focus group style, involving an element of decision making.
The
strength of combining quantitative and qualitative techniques will come to be
recognised. There will be a heightened awareness of cultural diversity and
thereby, the use of techniques that specifically take into account these
differences. Alternative approaches that tap into universal, non-verbal aspects
of human responses will also begin to become more popular in the context of
brand related researches.
- Research focus will shift from
tracking to understanding
Large
quantitative surveys that pre-and post test ad recall will be sidelined as
research begins to explore why the ad appealed to consumers and whether the
appeal actually translates into purchase
Research
efforts will switch focus to understanding consumer emotions, the expression of
these emotions and the monitoring of their evolution over time
It
is not merely what the consumers think about a brand, that drives brand
strategy, but an analysis of the gaps in consumer perceptions and desired brand
values. Consumers desired brand values are an outcome of appraisal process that
involves rational and non-rational ‘sense evaluation’.
- Brand tracks will get replaced
by brand audits
A
brand audit tells evaluates the brand as it stands in the context of the three
sets of market forces that work on it and thereby determine how it is perceived
in the market place. The three forces that impact a brand are
i.
The company and its actions
ii.
The competition and their actions
iii.
The economic and social trends
A
brand audit evaluates, not merely the external audiences to all brand
communication and activities, but lays significant emphasis on the internal
audiences (employees and stake-holders). It evaluates the gaps between a
brand’s external audiences and its internal audiences. This evaluation,
typically, puts to rest claims of “we know what our consumer think and wants”
that can bring about the demise of a brand.
A
brand audit seeks to understand the market space within which the brand
operates in, find that space/opportunity (current/future) that may be available
and not yet owned by any other brand. It defines the markets “ideal” brand,
exposes perceptions and attitudes towards a brand and its competition and
evaluates the impact of economy, society and market on brand perceptions.
- Internet based interactive
brand research will begin to emerge
With
the advent social networking sites and the enthusiasm with which the urban
middle class in India has embraced it, researchers are beginning to discover
ways and means of tapping social networks for collaborative consumer insights.
The
dynamic nature of consumer contribution will encourage the use of mix-n-match
formats in which a combination of activities will explore, understand and
measure. (e.g – insights/discussion on bogs, followed by face-to-face
interviews or focus groups)
- Research respondent profiles
are likely to change
The
senior citizens will become more interesting - With growing numbers of
financially independent retired people, who have become accustomed to a
specific life-style, the GEN-G(?) (generation-geriatric) will begin to become
an important target segment for marketers in India. Expect products with larger
typography, better legibility, ergonomic designs, easy to hold and operate,
rounded edges and so on. With this will come the need to understand their
emotions, their brand experiences (and how they are different from the other
age-groups and why) etc.
Given
the predicted shift from track to audit, the role of the internal audience in
the brand research will begin to be recognised. Although in India, it will be
some time before the industry grasps the importance of the internal audience
and consumer as the ‘brand ambassador’, it will however become conscious of ‘a’
role that they play in brand perceptions.
However,
as ‘brand’ becomes a much brandied word in common parlance, consumers will
begin to experience the effects of brand fatigue due to over enthusiastic
marketers going for brand overkill, brand research is also likely to suffer due
to uninterested respondents.
“A Brand is the DNA that separates
a product from a commodity” – David Michaelson
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