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Measuring Brand Awareness Featured Guest
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Measuring Brand Awareness

Apr 24, 2015

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Do you know how your brand compares against your competitors in the market? How do your customers perceive your brand? If you aren't sure, you aren't alone. A lot of people think solving these problems is a daunting challenge but they can actually be solved pretty quickly.

In less than an hour, we will cover key best practices that will help you test brand awareness and discover your customer's perceptions of your brands.

What you'll learn:
Brand awareness vs. brand sentiment
The difference between aided and unaided tests
How to assess your brand's influence
Using the right wording in your questions
And more...

Our special guest speaker Rich Pearson, CMO of Elance, will share how the instant insights he gained from Instant.ly helped him "get smarter."
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Transcript
Page 1: Measuring Brand Awareness

Measuring Brand Awareness

Featured Guest

Page 2: Measuring Brand Awareness

Welcome

• Audio Controls• Q&A session• Recorded presentation

available

Page 3: Measuring Brand Awareness

Elance Introduction

Rich PearsonChief Marketing OfficerElance

Page 4: Measuring Brand Awareness

First, a few questions…

Have you ever conducted a Brand Awareness study?

Which method did you use to conduct the study?

Page 5: Measuring Brand Awareness

Brand Awareness

Brand Awareness measures the extent to which consumers are familiar with your brand or product.

Page 6: Measuring Brand Awareness

Brand Sentiment

Brand Sentiment measures general attitudes towards your brand or product, often in relation to other brands.

Page 7: Measuring Brand Awareness

Who is Your Audience?Establish Clear Customer Profile• Age, Gender, Ethnicity, Relationship Status, Employment

Status, Location, Income etc.

Awareness may vary among different groups so you may need to conduct separate tests.

Page 8: Measuring Brand Awareness

Unaided vs. AidedUnaided: No prompting or brand reference • Ex: Name three fruit juices you most enjoy.

Often measured with open-ended responses

Aided: Reference brand name in question• Ex: What adjective would you use to

describe Seiko watches? Often measured by listing the brands or showing logos,

images or other media

Page 9: Measuring Brand Awareness

Common Questions

• When you think of facial tissue, what brand comes to mind?

• What is your overall impression of Nike tennis shoes?

• How familiar are you with Hulu?

Page 10: Measuring Brand Awareness

What Are Your Goals?

• Gather Accurate Data• Positive Results That

Validate Campaigns• Refine Customer Profile• Target Your Messaging• Select New Advertising

Channels

Page 11: Measuring Brand Awareness

Elance Case Study - Challenge

Gain insights into freelancers who weren’t using their service

Better understand company’s current awareness

Qualitative inputs on brand attributes and equity

Page 12: Measuring Brand Awareness

Elance Case Study - SolutionOn-

demand audience

• Over 8 million people

• Audience recruitment

Integrated platform

• Survey authoring tool

• Audience Access• Analyze results

Instant feedback

• Immediate insights• Minutes, hours, days• Semantic clustering

Simplicity

• No outside researches

• No complex studies

Page 13: Measuring Brand Awareness

Elance Case Study - Results• Compared and contrasted results with

our own audience• Informed our creative process• Improved our overall communication and message to

the market

“Relying on our own users to relay business insights is perfectly valid, but, we need to look externally to determine who could potentially be our users.”

Page 14: Measuring Brand Awareness

Live DemoLet’s survey 300 female homemakers…

To measure Elance’s Brand Awareness and Sentiment.

Page 15: Measuring Brand Awareness

Exclusive Offer Webinar Attendees….

Brand Awareness Study1. Scripting2. Audience3. Analysis4. Debrief call with research

expert

$3000 $260020%

discount

Page 16: Measuring Brand Awareness

Q&A

Sign up for a free account www.instant.ly

For additional questions, please email [email protected]