How brand image changes affect your share
Practical modelling can relate attribute ratings to preference - and identify levers for growth
Julian Bond
'Image' - consumers' perceptions of brands - affects brand preference and buying behaviour. But how does it work? Using highly simplified and therefor easily understood examples, this paper omits mathematical obscurities, and takes the mystique out of modelling for the layman. In describing RI's Locator system, it also reveals the sort of common-sense assumptions that underlie all sound models. It begins with typical 'static' fmcg image data, and how these can be mapped and then tracked together...