The exercise below takes you through all five components of Consumer Brand Analytics: Total Market, Brands, Brand Share Index Interactive, Brand Share Index Details and Top Ten Brands
Exercise
Assume that you are a marketing agency and you plan to approach a prospective soft drink client, who is one of the five leading brands.
Here's How To Proceed
- Click on “SAMPLE"
- Click on the “Total Market” icon. Examine the table and make note of the five top brands; THEN CLICK ON THE “BACK” ARROW;
- Click on the “Brands” icon. Examine reports for each of the five brands. This will familiarize you with basic information available for each brand; THEN CLICK ON THE “BACK” ARROW;
- Click on the “Brand Share Index Interactive” icon. Read the right-hand column on the landing page to learn what the Brand Share Index is and then use the following steps to create a table:
- Select a Brand Segment (Soft Drinks);
- Select a Row Heading and highlight “Coca-Cola,” then hold down the "ctrl" key and highlight the other four brands;
- Select “Male,” hold down the “ctrl” key and select “Female” and also “18-34”;
- Click on Search Brand Info
- View the results of your search by scrolling down the page.
The resulting chart shows how various brands differ in terms of the relative importance of gender and age (18-34). THEN CLICK ON THE “BACK” ARROW;
- Click on “Brand Share Index Details” icon. This section opens an Excel file, which contains a wealth of cross-tabbed information for each brand. This where you can learn a great deal more detail about each of the five brands. THEN CLICK ON THE “BACK” ARROW;
- Click on “Top 10 Brands” icon and review the charts, which summarize key information you’re already discovered in the previous sections. You may find these charts useful as a quick analysis to present to your prospective client.
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