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Brand tracking research should cover both the impact of the brand and the impact of experience. This article suggests tracking social media channels as touch points for managing your brand image.
Brand tracking research usually focuses on how customers and prospects get brand impressions through market communications. However, research shows that once a person begins interacting with a brand, their actual experiences have a far greater impact on their perceptions and likelihood to shop, buy, or recommend.
Too often companies' brand tracking research doesn't account for this dynamic in any significant way, thus missing the opportunity to tell a more complete story. That's why I believe that the most effective brand tracking research incorporates both:
So where does social media fall into the equation? Obviously social media has both a brand element and an experience element. To keep things simple, I look at social media as another very important touch point. One that can impact people's perceptions and behaviors that is not under the "controlled" communications umbrella.
While it isn't possible (or advisable) to dive into great detail about experiences in your brand tracking, measuring both communications and experiences within the same research enables the findings to be very specific about the changes you can make to acquire and retain more customers. And it enables marketing resources to be spent more efficiently by detecting and diagnosing areas of the customers' experiences that could undermine even the most effective branding work.
- March 2010
This content was written by Josh Mendelsohn, VP of Marketing at Chadwick Martin Bailey, Inc. Visit their website at www.cmbinfo.com.
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