Norstat specialises in high-quality data collection for brand tracking. Our quantitative and qualitative research methods ensure reliable data gathering about any desired topic or target group, helping you understand every aspect of your brand’s performance, including awareness, market share, associations, personality, positioning, and loyalty.
Our flexible tracking services adapt as your brand evolves. Whether you need focused, fast research for a few KPIs or an in-depth monthly multi-market tracker, we create bespoke solutions to fit various needs and budgets. We ensure a robust sample at your required frequency and can incorporate ad-hoc questions for deeper insights into specific themes.
“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.”
Jeff Bezos – Amazon
In a highly competitive and polarised environment, a strong brand strategy is not only valuable, it’s also essential (Gartner). To monitor your brand’s strength, and demonstrate the effectiveness of your marketing activity and media spend, surveys with your target audience on metrics such as brand awareness and consideration are essential. Long-term longitudinal studies can track brand changes over time, measure the ROI of brand-building campaigns, and provide benchmark comparisons with competitors, allowing you to refine marketing strategies and tactics.
The majority of our brand trackers involve data collection via our online research panel of over 4 million registered members across 19 European countries. Online data collection allows quick, efficient targeting of specific audiences and is often more cost-effective than offline methods. Our proprietary, invite-only panel integrates extensive data quality checks, giving us full control over data quality.
Data quality is a critical factor in brand trackers, as even small changes are important, especially when associated marketing activity is taken into account. We apply screeners to match target demographics, consistent survey administration to avoid bias, and rigorous data validation processes to maintain integrity. Our clients back up our claims for panel quality, scoring us:
Read more about our extensive data quality practices here.
When it comes to sample composition, we make sure the audience for your tracking study is as representative as possible; targeting can include demographics, locations, interests, purchasing habits and much more. Specific audience segmentation can also be incorporated if needed.
Our data collection for brand tracking can be tailored in terms of the robustness of sample sizes and frequency of tracking. A minimum recommended sample size would typically be 400 interviews per wave of research. A sample of this size has a margin of error of +/-4.9% at the 95% confidence interval, which is generally considered to be robust within the market research industry. However, higher sample sizes may be required if a more detailed analysis of a subset is required. Frequency is largely dependent on client need and budget but typical frequencies are monthly, quarterly or bi-annual data collections.
A standard brand tracker measure includes:
An extended full tracker measure would include questions to elicit information on brand perceptions, personality, call to action and competitor analysis.
Key driver analysis (Bain) can be used to understand what truly affects your key performance indicators e.g. sales, brand recommendation, brand satisfaction, likelihood to purchase, what causes customers to switch brands. And what drives brand loyalty? If we find that brand trust is highly influential on a customer’s likelihood to purchase, KDA can visualise that if we increase brand trust by ‘x’ the effect this will have on a customer’s likelihood to purchase will be ‘y’. Then track how those measures change over time. Our full-service team can advise on survey design, script surveys, providing professional support every step of the way.
Like all aspects of our brand tracker offer, deliverables are entirely tailored to your needs. Basic outputs include raw data or data tables after each wave of the tracker, but many clients also opt for bespoke automated reporting solutions.
Norstat Dashboards, our unique data visualisation tool designed specifically for market research, is the preferred option for many clients. It’s a live view of your data, giving you immediate access to your key brand KPIs, with sophisticated charting that allows you to drill down into the data. Dashboards also allow you to download your data, including into PowerPoint, ready for you to customise in your house template style.
Start using high-quality data for your brand tracking studies so you can get reliable insights into your brand’s performance. Contact Norstat now.
Setting up a tracking study requires thorough planning in the beginning. If you need the help of an expert, feel free to get in touch with us. We are happy to help!