Learn how your best customers perceive your company, why those customers choose your services over competing brands, and how to express your brand effectively over multiple marketing channels to create a strong brand presence. Brand research is about creating differentiation in the mind of the customer, understanding why customers choose to purchase certain products and how companies can leverage a strong brand to command loyalty – and potentially a premium price – from customers. Brand research is a highly qualitative process, employing one-on-one interviews with your most desirable customers or using focus groups (where appropriate). Australian Business Consulting & Solutions has performed brand research for several industries, including pharmaceutical, property and professional services. Our research approach is to provide new knowledge and actionable outcomes, using the following process.
2. Existing company offering a new product or service – to determine whether the customer will allow the brand values to transfer to the new products. 3. Merging companies – to develop a brand architecture that defines how the two brands will retain their current customers, emerging a stronger brand to attract new customers. 4. Mature brands – refreshing, extending and understanding your brand, and harnessing the organisation behind what your brand values stand for. 5. Rejuvenating brands – to identify strengths and weaknesses in your brand, redefine the brand promise and reposition to the target market.
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