Click here to download.
Google Desktop Exe.
"The differential effect that brand awareness and brand associations have on consumer response to the marketing of that brand"
Methods to Measure the brand equity:
"The financial value of the brand"
Methods to measure the Brand Value: Two main valuation approaches are used to measure brand value.
Measuring Brand Awareness, Brand Image, Brand Equity and Brand Value
Purpose of Article:
"Refers to brand awareness (whether, when consumer know the brand) and brand image (what are association that consumer have with the brand)".
To measure the brand knowledge author used the "The Brand Knowledge Pyramid" adopted from "Keller 2001". This pyramid shows that we can measure the brand knowledge by rational and emotional brand evaluation / functional and emotional brand association.
Brand Awareness: It can be measured through brand recall (refers to the ability of consumers to retrieve the brand from memory when given the product category) and brand recognition (refers to the ability of consumers to confirm prior exposure to the brand).
Brand image: It is defined as consumer perceptions of a brand reflected by the brand associations held in consumer's memory. To measure one can use two methods, first to adapt existing list of brand association (Aaker's Brand Personality list), second one can start from scratch by measuring brand association in term of positive or negative association.
Techniques to measure the brand knowledge:
Performance & Compensation Management {1}
(compilation, implementation, measurement)
(Responsibilities, tasks, work)
(Goal, objective, strategy)
(Performance, developmental, increment)
(Bonuses, incentives, termination)
(Personal, subjective, perceived)
(Job, task, work)
(Description, design, analysis)
(Objective, policy, strategy)
(Work, job, measure)
(Absolute, relative, comparative)
(Absolute, relative, comparative)
(Trait, behavioral, emotional)
(Outcome, MBO, work)
(Rater, halo, range)
(Rater, halo, range)
(Comparability, compatibility, similarity)
(Rational, political, managerial)
(Rational, political, managerial)
Performance & Compensation Management {2}
(Revenue, expense, cost)
(Base, total, partial)
(Base, total, partial)
(Motivational, monetary, pay)
(Pay, wage, compensation)
(Pay, wage, compensation)
(Amount, contribution, equity)
(Total, fixed, variable)
(Total, fixed, variable)
(Membership, work, performance)
(Membership, work, performance)
(Job, knowledge, task)
(Job, knowledge, task)
(Elitist, egalitarian, equality)
(Elitist, egalitarian, equality)
(Open, neutral, close)
(Open, neutral, close)
(Job, skill, task)
(Job, skill, task)
(Jobs, tasks, responsibilities)
Performance & Compensation Management{3}
(Planning, controlling, acceptance)
(Resources, machines, players)
(Implemented, planned, designed)
(HR. business, strategic)
(Benefits, rewards, incentives)
(Job, task, role)
(Compensation, promotion, development)
(Employees, managers, supervisors)
(Response, picture, attitude)
Minimize the negative impact of biases in PMS communication plan by using ___________________ communication. (Verbal, non-verbal, written)