Comments on: Emerging Brand Issue: Brand Value Calculation https://brandingstrategyinsider.com/emerging-brand/?utm_source=rss&utm_medium=rss&utm_campaign=emerging-brand Helping marketing oriented leaders and professionals build strong brands. Fri, 07 Oct 2022 18:32:56 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Ted Grigg https://brandingstrategyinsider.com/emerging-brand/#comment-1820 Wed, 15 Aug 2007 13:44:12 +0000 http://localhost/brandingstrategyinsider/2007/08/emerging-brand.html#comment-1820 As a direct marketing consultant, I am amazed at the higher ROI for direct marketing programs when they have the benefit of a strong brand.

The same offer and creative execution for essentially the same product for company A with a weak brand versus company B with a strong brand make the program unprofitable for one and lucrative for the other.

The question is, how do you use the scientific method to prove it?

Building a strong brand takes years of consistent effort. Either the client believes the effort is worth it based on what he sees competitors doing, or he doesn’t.

I agree that we ought to be able to quantify the results of the branding strategy.

Going from there to valuing the brand over the long term should be a relatively easy step. The brand’s primary value lies it’s ability to make marketing efforts more cost-effective.

]]>