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Block Background Noise – Make Your Brand Data Accurate & Actionable

December 10, 2021

Sam Richardson


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Brand tracking is important. A continuous and holistic measurement of brand health and communications helps brands to face today’s challenges, such as a fragmented media landscape, differentiation and creating distinctive brand assets. But let’s face it, brand tracking isn’t always precise enough. Despite the vast increase in available data due to digitisation, the need for reliable and comprehensive insights has also increased significantly, as companies invest heavily in data driven analytics and insights-based decision making. With that in mind, we must recognise that data accuracy is an ongoing challenge.

One of the main challenges with brand tracking is to separate the actual signal from the noise caused by natural random error. Much tracking data is collected via cross-sectional tracking surveys where a sample of the population is asked a set of questions each week, aimed at understanding a brand’s current strength among its competitors. But samples aren’t representative of the entire population, and by sampling different groups of people each time – who might have a different background, and different experiences – the data can show differences that are not real. This means that all brand tracking data have a level of uncertainty – what we call the ‘noise’ in the data. This becomes a problem when the noise becomes louder than the music of truth. When fluctuations caused by sampling error outweigh true results, then it is almost impossible to identify the correct data.

On top of that, with the increase of campaigns on smaller channels – particularly digital – brand tracking becomes less relevant unless we’re able to measure all signals, including the weaker ones from a range of smaller marketing investments.

There are ways to tackle this issue, but not all of them are effective. Brands can increase their sample size. The more people you include in a sample, the better they are representing the total population. So, the uncertainty becomes smaller each time. The noise becomes quieter. This, however, is expensive. To turn this volume down and hear clearer messages you need to sample a huge number of people, and that’s often not financially feasible.

Another solution is to look at moving averages throughout a longer period of time (ranging from three to six months) But for the increasingly popular digital campaigns, which often only last a couple of weeks, looking at a three-month rolling average would mean losing track of the actual results. However, by using Nepa’s Brand Noise Reduction (BNR) you can get noise reduction without having to increase the sample size, even if you just look at a few weeks’ worth of data.

Like noise cancelling headphones BNR allows you to focus on the music. It finds patterns in the respondents’ data and identifies common variations due to the different samples, reducing random errors by up to 50% at no extra cost. This analysis boosts data accuracy and opens possibilities for more granular analysis.

Nepa’s Brand Noise Reduction analyses all the information within respondent-level data. It identifies the correlations between all respondents answer patterns, and their fluctuations throughout a period of time. As a result, BNR is able to distinguish shifts that are due to plain sample variations from those that reflect real market changes.

In a time when everything is moving so fast, insights are crucial for and brands can’t compromise on data accuracy. Find your melody, reduce the noise, and enjoy the concert.

By Robert Beatus, Head of R&D Nepa 

Want to know more? Contact us today and our brand experts will help you!

 

Read also other Nepa Brand Series blog posts:

Forget me not, how to stand out and be remembered.

Introduction to Brand Touch – are you Batman or the Joker?

How to measure your brand strength.

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Introduction to Brand Touch – are you Batman or the Joker?

November 30, 2021

Sam Richardson


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Every good story has a hero and a villain. We can all picture the hero being brave, honest, and altruistic. While the villain often has less likeable traits. However, the bad guy can still appeal to our emotional side. To the point where we sometimes prefer the underdog to the knight in shining armour.

This is because, when it comes to personalities – whether it’s a person, a character, or a brand – there’s no black or white, but a rainbow of a million different shades.

Defining your brand personality is no easy task, but it determines consumer perception and helps you shape the most successful way to communicate. This is where Brand Touch comes to the rescue.

Brand personality is developed through the interaction within a market, its environment, and consumers. There are two key elements to a brand personality, internal and external. The internal one is the emotion which consumers experience in association with a certain brand, whilst the external is how a brand present itself.

Brand Touch measures how different personality traits are perceived in the market, and then creates a mapped-out profile of a brand’s personality. Parameters such as extroversion and agreeableness are evaluated, plotted, and graphed to create a detailed analysis of a brand’s identity. This approach helps your brand align its current perception with the desired one, and to visualise its personality within the market.

There are no good or bad traits as such. It’s all about how a brand is perceived, and how this perception relates to each trait of the personality. For example, no one wants to be the villain. But having some “negative” traits in your brand personality might work better for you than being 100% hero. Villains tend to be more self-confident, and individualistic. So, while Batman attracts the larger audience, the Joker might be able to drive price more effectively.

To understand what’s the most successful personality for your brand, you need to define your main mission. By identifying your brand KPIs you will then be able to figure out what personality traits relate to each of those. Some traits – even the ones that you might think you don’t want to have – will help you meet your KPIs, while some others – that sound more desirable – might have the opposite effect. A brand can be perceived as down to earth, but it can also be seen as competitive. It’s only by having this mix of personality traits that you can create something unique and really differentiate your brand.

Brand personality doesn’t have to be fixed, it’s something that should change depending on what your priorities are, what you want to communicate, and to whom.

For example, we’ve been supporting an international retailer to re-position themselves as a younger, and cooler brand. Through Brand Touch we’ve analysed and understood what their positioning was at the time, and then we’ve evaluated some possible future brand concepts. By analysing these concepts to understand how they’d align with their current brand it emerged that although their idea of repositioning was valuable, it was too distant from their current brand image. So, changing too fast could have risked alienating and losing current consumers. Brand Touch addressed our client in a clear direction, and the brand decided to move forward with the new positioning but at a slower rate. This allowed them to attract new consumers while retaining the older “fanbase”.

By understanding what your brand personality is, you can compare your positioning to your closest competitors and either adapt it to fill in a gap or own a particular trait of your personality and dominate that space. This self-awareness is also important when presenting new products or if you’re repositioning your brand.

For example, if you have a distinct personality, you’ll be able to identify the right advertising partnerships. Employing a celebrity who is family-oriented and welcoming can either reinforce your brand perception or shift it to present a more welcoming and caring image.

Getting to know your brand’s personality is just like getting to know a person. It’s not always straightforward and it can be unexpected. But without a personality a brand is just an empty shell, just like our hero without a villain.

By Robert Beatus, Head of R&D Nepa and John Palm, R&D Senior Analyst

Want to know more? Contact us today and our brand experts will help you!

 

Read also other Nepa Brand Series blog posts:

Block the background noise, listen to the music. Making your brand data more accurate and actionable.

Forget me not, how to stand out and be remembered.

How to measure your brand strength

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Nepa & RealityMine Webinar – Drive Growth: Strategic Marketing Insights

November 26, 2021

Sam Richardson


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Webinar: How to drive growth with strategic marketing insights by Kalle Backlund, Head of MMM and Kit Sandford, Head of Analytics.

14th December at 3pm UK time, 4 pm CET.

 

Nepa and RealityMine invite you to a webinar about “How to drive growth with strategic marketing insights”.

There are several different approaches to support you in setting marketing strategy. Which one should you choose to meet your business needs, and why? In this Webinar, we will address which approaches you should use to gain the insight you need to drive strategic change in today’s complex landscape.

The Webinar will be hosted by Chris Havemann, CEO of RealityMine. He’ll be joined by Kalle Backlund, Head of MMM at Nepa and Kit Sandford, Head of Analytics at Nepa. Kalle has 10 years’ experience from analytics roles in research and product. Expert at using advanced analytics to solve business challenges, focusing on Marketing Optimization. Kit has 10 years’ experience of consumer and shopper behaviour using big data and market research at Dunnhumby, WPP and Nepa.

 

Sign up for the webinar here.

 

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The meaning of sustainability for Indian consumers

November 08, 2021

Sam Richardson


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An increasing number of brands consider sustainability an integral part of their business and communications strategy. After all, sustainable life on earth is widely considered as the most critical issue of our time, for governments, society, and organisations. When it comes to the ‘green’ agenda, the implementation of environmentally friendly initiatives has the potential to change the way economies and trades operate. A change in societal behavior could encourage the adoption of more environmentally sound consumption.

With these issues in mind, we set out on a journey to understand how and if sustainability matters for the Indian urban consumer. The aim of the study was to help brands understand consumer perspective of sustainability and how they can communicate these efforts in a more engaging and efficient way. We interviewed 2,000 consumers across eight metros in India. We also met with industry experts across different sectors, to understand these topics from a business perspective.

Sustainable doesn’t necessarily mean green

The world is consuming resources at an unsustainable rate, and therefore our production of goods is increasing. This is a result of economic growth. But how important is it to consumers to adopt a lifestyle which is considered sustainable?

66% of adults said it is extremely important to them, however, the issues that Indian consumers perceive as most important to sustainability are different from classic ‘green’ issues. More than half (54%) said equal rights for all should be in place. While 53% believe that companies need to provide gender equality, and 50% believe that businesses should provide decent work and economic growth.

Parity, inclusiveness and themes about education, health and well-being top the charts. Micro themes relating to the environment appear as only runners-up. This is in contrast to comparative studies we have carried out in other markets, where matters such as environmentally friendly energy appear in the top five sustainability issues.

READ ALSO: Maximize ROI on Sustainability

Brand perception

Using our brand positioning model, Brand Touch, we looked at consumer perceptions of brands that are associated with sustainability. We found out which personality traits sustainable brands have in common, and which traits bind together those that are not considered sustainable.

People perceive sustainable brands as friendly and helpful. They are thought of as more inclusive and ‘we-oriented’. Organisations perceived as supportive, down-to-earth and empathic are building an eco-friendly image and tend to be more popular. By connecting with people on an emotional level and increasing the level of trust, brands can move in consumers’ minds from being ‘nice-to-have’, to ‘essential’.

On the other hand, brands that are not strongly associated with sustainability are perceived as expensive, impatient, and commercial. So, if these brands want to be taken seriously when they start talking about sustainability, they need to prove their benefits and values to consumers first.

Brand loyalty

While there are many characteristics that can lead to brand loyalty, sustainability is key. One in two consumers remained loyal throughout lockdown to businesses considered environmentally safe – especially in categories such as FMCG and IoT which successfully marketed their sustainability commitments. If brands communicate their sustainability efforts effectively shoppers might change their brand choice to favour sustainability.

India is a solid, conscious, ambitious market. If you’re a brand in India, it is essential to understand the context and what is the consumer understanding of a certain topic. Talking about sustainability including issues that go beyond “green”, can help brands been perceived as more holistically sustainable. By using the right tone of voice and approaching issues that resonate with consumers brands will maximize the impact of their communication.

Learn more

If you want to know more about the learnings of our report and how your company can benefit from these insights, please do not hesitate to contact our Nepa India team.

Esha Nagar, Managing Director, Nepa India

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Coverage: Customer Experience Magazine

October 25, 2021

Sam Richardson


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How can advertisers maximise social media potential?

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Marketing Society article by Robert Beatus: New challenges, simple solutions

October 21, 2021

Sam Richardson


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LONDON, United Kingdom (October 21st, 2021) – Robert Beatus, Head of R&D at Nepa, shares why it’s mandatory for brands to stand out in Marketing Society article New challenges, simple solutions.

 

Read Robert’s thoughts on brand distinctiveness and the importance of having clear and consistent communication in line with your brand identity here. 

 

More from Robert Beatus on our blog: Talk the language of the C-suite and Keeping brand KPIs simple

 

Want to know more? Contact us today and our brand experts will help you! 

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SWEDMA Webinar – Get a Comprehensive Picture of Marketing Effects

October 20, 2021

Sam Richardson


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Webinar: How can you get a comprehensive picture of the effects of marketing? by Kalle Backlund, R&D, responsible of Nepa’s Marketing Mix Modeling offering.

 

The event will take place on 10th of November 2021, last day for signing up 8th of November. Webinar is free of charge and will be held in Swedish.

 

Sign up for the webinar here.

 

For more information on Nepa’s Marketing Mix Modeling offering, click here.

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A consumer’s Path to Purchase is never linear

October 19, 2021

Sam Richardson


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Understanding the Omnichannel Path to Purchase is no longer a nice to have, but a must have if you’re to truly succeed in aligning strategy with the drivers of growth such as:

  • Where and how to increase penetration, where and how to drive impulse purchases?
  • Where and how to increase trade up spend?
  • Where and how to optimise digital strategy/the role of eCommerce?

The great news is that you will undoubtedly have existing insights and data that look at individual parts of the journey! But how do they all connect and where are the insight gaps?

Our approach creates an end-to-end holistic view of shopper journeys based on their behaviours & attitudes in relation to specific needs & occasions. We understand all aspects from what they are influenced by, how they might research or search, to where, how and why they eventually make a purchase decision.

In short, we create single ‘paths’ of data, connecting the dots from existing insights you may already have.

Connecting the dots

We blend passive data and stated data in a bespoke study to understand exactly what shoppers are doing, thinking & buying, over a whole purchase cycle, depending on their needs for specific occasions or moments.

We look at every piece of data that matters. For example, we can see in app journeys on Amazon and ad exposures on YouTube, Instagram, Facebook and Twitter.

So what?

The collation and outputs of our modelling + advisory approach provides the who, what, when, where, why insights for Brand, Channel and Customer teams. We identify the key touchpoints which drive conversion, who uses them, when in the journey they use them and why they are being used; enabling you and your teams to focus investment where it really counts.

Each study is fully tailored to your specific objectives and business challenges. It is also enables a competitive edge as the approach analyses the buying behaviours and motivations of shoppers in the entire category, and therefore the role your brand plays within this context.

Building on what you already know

Our approach builds on consumer and shopper insight frameworks you already have (occasions, need states, missions etc.) to make sure that all the outputs can readily be translated into the current language of the business. In partnership with you, we create action plans to drive category & brand growth by providing a ‘Playbook’ for where to play and how to win in an Omnichannel world.

This provides not only a strategic roadmap for the next 2-3 years, but also a clear framework for how and where to optimise specific implementations and plans such as price, POSM, campaigns, promotions, JBPs, new product innovations.

We create globally scalable and actionable insights for all teams that are key to delivering Omnichannel growth – Sales, Brand, eCommerce, Shopper Marketing, Media teams.

We are experts in delivering Path to Purchase studies in all markets and regions, globally.

 

Want to know more about path to purchase? Contact our P2P-experts and we’ll tell you all about it!

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MTV Insights Studio and Nepa collaboration – MTV Youth Study

October 13, 2021

Sam Richardson


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MTV Insights Studio launches MTV Youth Study 2021 ‘Atmanirbhar by Circumstance’

A go-to handbook on all things Gen Z for marketers and brand custodians

Quantitative Research powered by Nepa India Pvt Ltd

MUMBAI, India (October 13th, 2021) – As India’s No. 1 youth brand and a domain leader for more than two decades, MTV is recognized for its thought-provoking narrative and command over youth through its unique style of storytelling, engagement, conversations, and research. Showcasing its profound understanding of the youth, MTV Insights Studio in collaboration with Nepa India Pvt Ltd as its quantitative research partner launched the 2021 edition of its MTV Youth Study titled Atmanirbhar by Circumstance, to steer marketing and communications for youth in the right direction. A one of its kind study, Atmanirbhar by Circumstance is arguably India’s largest youth research and a go-to handbook for the advertising and marketing community that provides a comprehensive overview of India’s Gen Z population. The in-depth qualitative and quantitative study reflects Gen-Z’s behavior, mindsets, habits, and perceptions.

Amid a raging pandemic, Atmanirbhar by Circumstance examines Gen Z’s evolving thought processes and choices. With over 26,000 respondents aged 15 to 25 years from 50 Indian cities across NCCS A, B, and C, Atmanirbhar by Circumstance is the result of 185 questions covering seven broad topics: Education, Money, Romance, National Interests, Content, Family, Friends, and Spirituality, and COVID-19 Outlook.

The study report was launched by Anshul Ailawadi – Head, Youth Music and English Entertainment at Viacom18 alongside participation from leading brands such as, Godrej, Dabur, Dell Technologies and Spotify kicking off a discussion on Gen-Zfying the brands. The launch also had Gen Z representation from AIESEC, a non-governmental, and not-for-profit organization entirely run by youth for youth.

To get access to the complete report, please write to insights@mtvindia.com

 

Want to know more? Contact us today and our brand experts will help you! 

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Coverage – Digital Donut – Nail your media investment

October 10, 2021

Screenshot of Digital Doughnut Article - Nail your Media Investment

Sam Richardson


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