Tracking Brand ROI

Brand ROI or Return on Investment is a measure ofand published through Business Week, the top five
how much a company is able to profit from the useglobal brand names are Coca-Cola, Microsoft,
of a brand when marketing its products or services.International Business Machines (IBM), General Electric
A brand can be a name, design, term, or symbol that(GE), and Intel. The values of these brands were
is a label of ownership. A brand can become a verycalculated by determining the percentage of the
important asset for a company and it can likewisecompany's revenues that can be directly credited to
drive success in financial and competitive markets. Inthe brand. When this was done, they projected sales
advertising themes, a brand is a very valuablerevenues for five years and deducted the value of
element. Usually, a marketing department seeks tointangibles, like patents from this figure. Other less
align customer expectations behind a brand name.in-depth methods of determining the value of a brand
Marketers attempt to assign certain qualities andare the use of name-brand price advantage and
characteristics to a brand so that customers will behigher company valuation. Through the first method,
able to distinguish their product or service apart frombrand recognition can be measured through the
the others. Brands can be so powerful that they candifferences in the prices of branded products and
attract sales even without much promotional effortgeneric products. This is based on the fact that
from a company. It is for this reason that manybranding increases the perceived value of products
marketers have endeavored to specialize in brandand services. The second method which is higher
management, the art of brand creation andcompany valuation is based on how investors value
maintenance.well-performing brands.
When a brand becomes very popular to its targetBrand valuation is a crucial factor in brand
market segment, it achieves brand recognition. Whenmanagement. Brand valuation involves calculation of
brand recognition reaches the point of critical positivepotential earnings from a brand throughout its
mass, a brand achieves brand franchise. The ultimateexpected life down to its present day value. A brand
goal in brand management is to place a particularvalue tracker may be designed to monitor the
brand on top of its product or service category. Aeffects of any advertising or marketing strategy on
brand name may also be classified as a type ofbrand value. Competitor activity, sales figures, market
trademark, especially if it identifies and determinestrends, and other key performance indicators (KPIs)
the brand owner as the commercial source of somemay be integrated into a brand value tracker. Having
products and services. When this is the case, theall these data together in one page allows easy
brand owner may apply for proprietary protection byanalysis and comparison. Moreover, this setup makes
registering its trademark.it easier for managers to build the relationship
According to a survey compiled by Interbrand Corp.between some factors and brand ROI.