Contact Information: Editorial Contact: Chuck Manners Executive Vice President/Partner Godfrey chuck@godfrey.com
Godfrey Launches B-to-B Brand Equity Analyzer(TM)
Developed With Decision Analyst, Tool Provides Actionable Roadmap for Strategic Brand Analysis and Planning
| Source: Godfrey
LANCASTER, PA--(Marketwire - April 20, 2009) - Godfrey, a leading business-to-business
marketing communications agency, has launched its B-to-B
Brand Equity Analyzer™ (BEA), a strategic tool to assess brand
equity in a market and obtain actionable insight.
Developed jointly with Decision Analyst, a
leading global marketing research company headquartered in Arlington, TX,
the BEA provides business-to-business marketers with a tool to assess the
strength of their company's brand relative to its competitors. Through the
use of advanced analytics and modeling, the BEA equips senior managers with
insight to make better strategic decisions that will drive business
success.
"There are other tools and models to evaluate B-to-B brands, but we know of
nothing like the Brand Equity Analyzer," said John Colias, vice president
and director of the advanced analytics group at Decision Analyst. "Its
sophisticated modeling capability allows marketers and senior managers to
quickly see how specific actions they, or their competitors, take will make
measurable, quantifiable changes in brand equity."
The BEA provides value measurements across all phases of the buying
process, grouped into three main categories:
-- Exposure - awareness, familiarity and purchasing
-- Affinity - interest, satisfaction, recommendations
-- Preference - favorite brands, loyalty, explanations (why did I/why
would I buy)
Sophisticated
analytics and modeling techniques are used to simulate various business
decisions -- such as product pricing changes or new service offerings -- so
companies can quickly see the impact of these actions on brand equity
vis-à-vis competitors.
"Especially in today's economy, senior managers are understandably
impatient when it comes to long-range, time-consuming branding
assessments," noted Curt
Hitchcock, Godfrey executive vice president and lead on the branding
initiative. "What actions will increase the strength and the use of our
brand relative to our competitors is a key question. Executives are looking
to marketing for actionable information on achieving both short-term sales
goals and for making strategic decisions that will increase the value of
the brand."
Hitchcock continued: "This is a not a quick-fix or general 'awareness'
study. Rather, it's a strategic research tool that yields information and
insights worthy of C-suite attention and can make brand management more
accountable and measurable."
More information on the new B-to-B BEA tool is available at
http://www.godfrey.com/branding/brand_equity_analyzer.aspx, including three
downloadable "light papers" targeted to specific audiences (executive
management, marketing management and researchers):
-- Why Should
Executive Management Care About Brand Equity?
-- The B-to-B
Marketer's Dilemma
-- Applying
Advanced Analytics to B-to-B Branding Research
Godfrey also offers a variety of additional resources on the topic of B-to-B
branding. For more information, visit www.godfrey.com or contact Curt
Hitchcock at (717) 393-3831 or curt@godfrey.com.
About Godfrey
Godfrey is a full-service, integrated business-to-business marketing
communications company. The agency offers research, strategic consulting,
change communications management, brand management, advertising, public
relations, interactive media and e-business solutions, lead management,
measurement and the ability to implement cutting-edge technologies. For
more information about the spectrum of services Godfrey offers, please
visit the company Web site at www.godfrey.com.