All blog posts

What is brand tracking and why does your company need it?

Brand tracking measures how people perceive a brand over time. What brand tracking is, how it works, and what it helps a company decide.

· 1 min read

Brand Signal - Chart Line Up
Contents3 sections
  1. 1What is brand tracking?
  2. 2How does brand tracking work?
  3. 3Why brand tracking matters for your business
Brand tracking is the continuous measurement of how people perceive a brand, including whether they know it, consider it and buy it, and what they associate with it. Repeated over time and compared with competitors, it shows how a brand is developing and how marketing affects it.

What is brand tracking?

Brand tracking means asking a representative sample of people the same questions at regular intervals, about your brand and its competitors. The answers show how awareness, consideration, preference and associations change over time.
The aim is to understand which brand-building efforts work, which do not, and why, both for the brand on its own and compared with competitors.

How does brand tracking work?

A brand exists in people's minds, as the sum of what they think and feel about it. Understanding how a brand performs therefore starts with asking people about it.
A brand tracker typically asks:
  • whether people know the brand, both unprompted and from a list
  • whether they would consider it, and whether they have bought it
  • what they associate with it, compared with competitors
  • whether they have noticed its advertising
The questions themselves are simple. Reliable results depend on asking the right people in a consistent way, weighting the answers to the population and reading changes against the margin of error.
Brand Signal - Brand Funnel

Why brand tracking matters for your business

Brand tracking helps a company to:
  • measure how the brand performs over time
  • evaluate brand strategy and campaigns
  • find new opportunities, such as groups or needs where the brand is weaker than its competitors
  • follow competitors on the same measures
Brand effects are hard to measure because they build up slowly and do not show in sales data in the short term. A tracker makes them measurable, so brand investments can be followed up in the same way as other marketing.
Regular measurement also shows changes in perception early, which gives time to adjust before a problem appears in sales.

Related product: Odyssey Brand Signal, the brand tracking platform

Loading related posts...
[email protected]
A House #501, Stadsgården 6
116 45, Stockholm, Sweden
Privacy Policy
© All rights reserved