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FAQs In a nutshell, what is BrandIndex? Why do I need continuous data? How easily can I access the data? How does this product compete with other similar trackers? What does the data actually mean? Explain the difference between the various scores. How big is the sample? What is the sample design? What is a 'day' in terms of the data? And when is it reported? What is the survey experience for the respondents? What's different about the survey design? Why did you not include all brand sectors? When did data collection start? What exactly do I get for my subscription? How is it that a big, valuable brand like McDonald's gets such a low score? Why did you use brand names instead of the brand logos, in the BrandIndex survey? Why are you not publishing the daily data in conventional tables? Why is Internet-based market research better than the old-fashioned methods? Since when has YouGov focused on consumer research? What kind of customer support can I expect? Are there any other BrandIndex-related research products from YouGov? Is BrandIndex available for other countries? What are the moving averages? Which averages are robust? Which demographic segments can I look at separately? Can I set it up so that I can easily check the same brands each day? How is the PollingPoint panel recruited? What type of validation is conducted? In addition to the standard demographic breaks, are further demographic breakdowns possible?
In a nutshell, what is BrandIndex? A daily measure of public perception of more than 1,000 consumer brands across 40 sectors, measured on a 7-point profile, with data delivered next-day. We interview 5,000 people each weekday, more than 1.2 million interviews per year. Respondents are drawn from our online panel of more than 1,000,000 individuals.
All those who need to know what consumers really think of a brand - and its competitors.
For the companies in our BrandIndex survey, the CEO, who is the person most responsible for brand equity. Second, the CEO's executive team – Finance, Marketing, Communications, Human Resources, as well as brand managers and the research department.
BrandIndex is also valuable to advisors and analysts of the BrandIndex companies. Public Relations firms and Advertising Agencies can use BrandIndex to monitor the effectiveness of their campaigns, and share this data with their clients. Financial analysts will find BrandIndex information valuable for its consumer insights, which are critical for the future prospects of any company.
Why do I need continuous data? Most brands do not shift very much from month to month, let alone day to day. However, all trends begin somewhere. And with BrandIndex, you can spot those trends early, and take advantage of an opportunity or defend against a potential threat, before it is too late. A competitor might be showing weakness in its loyalty or satisfaction scores, presenting a opportunity for you gain market share. Or a competitor may be closing the gap with you on Quality or Value, prompting you to take defensive action.
And even though most brands don't change very much in the short term, most brands will experience 'turbulence' from market events, and managers will benefit from having an immediate reading on the extent and nature of any effects. Though your own brand may be stable – what about your competitors? In any sector, things will be happening every single day: a new product is launched, an advertising campaign begins, a PR disaster occurs – maybe a strategic PR campaign to change a brand's image begins. Whatever it is, you will want to know exactly what effect that's happening on your own and on your competitor brands.
How easily can I access the data? A series of pull-down menus produces graphs for you within seconds. It couldn't be easier. The whole point of this product is to take high-quality, high-relevance data and put it straight into the hands of decision-makers. So the reporting tool has been designed to suit the style of decision-makers: it's instant, it's clear, it's easy – and above all, it makes sense of the data.
How does this product compete with other similar trackers? Some companies have existing, customized, brand tracking capabilities. In these situations, BrandIndex will be a great addition to their current tracker, enhancing their ability to get an early read on changes to key brand health indicators, and then either take immediate action, or perform more in depth analysis using their custom systems.
What does the data actually mean? Explain the difference between the various scores. The score is the 'net rating': people are asked to identify the brands to which they have a positive response, and then those to which they have a negative response, to whatever is the prompt measure. The net score is the positive minus the negative.
In addition, we supply an Index score, as follows: INDEX: the average of measures (2) – (7) above. 'Buzz' is excluded as this may (or may not) be an effect on the brand but not yet part of the underlying perception. One of the things we want to track is the effect of Buzz on the brand profile.
Establishing the accuracy of data of this kind is always difficult. However, YouGovPolimetrix is in the unique position of having demonstrated its accuracy in the one area that it can be properly evidenced: in predicting election outcomes. In 2006, the Cooperative Congressional Election Study, sponsored by 37 universities, analyzed 40 senate and governor forecasts released prior to the elections. YouGovPolimetrix outperformed all other Internet and telephone polling companies in predicting the correct outcomes.
How big is the sample? What is the sample design? We interview 5,000 people each day. The sample contains representatives from all relevant demographic groups, but for this product we have over-represented higher income and more highly educated individuals, as these tend to be more interesting to those tracking brands.
What is a "day" in terms of the data? And when is it reported? A ‘day’ is the 24 hour period from midnight to midnight. We collect data Monday through Friday. Respondent data is processed and uploaded into the reporting tool by 9am every business day morning.
What is the survey experience for the respondents? Don't they get tired of all these ratings? How often do they answer the same question? How long is the survey for them? Why would they take part? Our panel is proactively recruited, mainly through surveys on topics that interest them on their own favorite Internet sites, or when conducting Internet searches. We invite them to our panel, and have a modest incentive system, in which they are awarded ‘points’ for every survey that is completed. Over time, they can redeem points for modest prizes such as t-shirts, tote bags, and gift cards.
What's different about the survey design? We have used the flexibility of online research to come up with a new design for BrandIndex. It is a design which we know is convenient and responsive to those taking the survey, and which produces robust and sensitive data. Instead of asking people to rate each brand separately - a mind-numbing task which would lead to very poor data - we present them with a screen of brands in a particular sector and ask them to click on all those which (for example) they associate with value-for-money. And then we ask them to review the same brands a second time, to click on those which they associate with poor value-for-money.
When a respondent has answered on one aspect on a sector (e.g. value-for-money), he or she will not rate that sector on any other aspect. In this way - and this is important - all measures are independent of the others. Differences in the profiles are therefore reliable.
There are forty different routes through each day's BrandIndex survey, with each respondents being asked first to rate aspects of their own lives - the health, happiness, work, their sense of what is happening in the neighborhood, the country, and the world. This data is used for other tracking purposes, and establishes a sense of involvement on the part of the respondents.
The survey then presents a screen of brands from one sector, and asks the respondent to click on those brands which are relevant to the prompt question (e.g., 'of which do you have a generally positive impression?') The same sectors / brands then appear with the negative form of the question. This happens six more times, each time with different sectors and different questions, until the survey ends with a series of ratings about things in the news or related subjects. (This ending is important, because it 'book-ends' the consumer research with personal, political and social issues, which we know increases respondent interest and engagement, and therefore the quality of the data. It is one of the things that differentiates being on a YouGovPolimetrix panel from being on other consumer panels).
We take great care that the respondent experience is generally a positive one, and that they will be willing to take the survey again when invited. After each BrandIndex survey, we ask for feedback from respondents on the survey experience, in an effort to continually improve the survey.
Not all brands can be included – in any sector, there is a very long 'tail'. We worked with beta clients to determine the initial list of brands and sectors. Over time, we have made modest adjustments to the brand list, and will continue to modify the lists to better meet emerging market and client needs.
Why did you did not include all brands sectors? And why did you define the sectors as you did? This is already the most ambitious research project of its kind. We need to set some limits, and there are some sectors that we did not include. We may include them in the future. Nor did we want to use all the subdivisions sometimes used by the market research industry. Our focus is on the real world of the consumer and our clients.
When did data collection start? YouGovPolimetrix has been collecting and testing sectors and brand data since early 2007. A subscriber to BrandIndex receives full sector and brand historical history dating back to June 1, 2007.
What exactly do I get for my subscription? You receive the entire BrandIndex service, which includes all of the brands across all of the sectors, all of the demographic breaks, and all updated – daily. In addition, you receive the historical data going back to June 2007. And there is no per seat user charge for access to the system. We want you to be able to place the BrandIndex information into the hands of the relevant personnel, without hindrance. YouGovPolimetrix also provides initial training and updates on new enhancements.
No.
How is it that a big, valuable brand like McDonald's gets such a low score? Some brands have many satisfied customers, but also generate some controversy. Fast food outlets and tobacco companies are examples. Those who dislike the brand, but were, perhaps, never likely to be customers anyway, mask the success of these brands. The key issue is change - whether the numbers for McDonald's go up or down or stay steady.
Of course, a BrandIndex subscriber can also compare its scores to the appropriate sector average, to obtain a measure of how it performs vs. its peer group. So a brand which outshines its competitors in a less popular sector can be evaluated appropriately.
Why did you use brand names, instead of the brand logos, in the BrandIndex survey? We tested the difference between using brand names and logos in a mixed-sector list. We found in most cases, it made no significant difference whether we asked using the name or the logo. Where it did make a difference, that difference was removed when we had a clear sector context for the brand name. We therefore decided to use the name rather than the logo, as that would enable us to track over a long time-period without concern about changing designs.
Why are you not publishing the daily data in conventional tables? We want to make this a dynamic product which the non-specialist, as well as the specialist researcher, can use. Market research is too often made inaccessible to decision-makers: we want the research to be at the finger-tips of the CEO as well as the brand managers.
Why is Internet-based market research better than the old-fashioned methods? It is not necessarily better in all circumstances. There are many poor-quality Internet-based research companies as well as good ones, just as there is mixed quality in the conventional sector. Nor is Internet-based market research always an appropriate method. One of the disadvantages of most Internet-based research is that it is often unable to reach the poorer segments of the population (just as conventional research has difficulty reaching particular segments of society). In the case of YouGovPolimetrix, our unique proactive panel recruitment methods mean that we can supply online nationally-representative samples on a daily basis, which makes it highly appropriate for this kind of research.
Once the quality of the sample is assured, the online methodology has obvious advantages. It is quicker and more cost-effective, for example – a product such as BrandIndex would be very difficult to provide at an affordable price using conventional research. But more importantly, online research (we believe) is better at getting reliable data. Respondents complete the survey when they want to, not when a pollster disturbs them out of the blue. And they receive the questions in a format in which they typically digest information – onscreen. There is no hurry. There is no human influence to make them feel they should say one thing or another. The accuracy of YouGovPolimetrix research has been confirmed in the only way possible – by comparing predictions with hard outcomes (i.e. elections). In 2006, the Cooperative Congressional Election Study, sponsored by 37 universities, analyzed 40 senate and governor forecasts released prior to the elections. YouGovPolimetrix outperformed all other Internet and telephone polling companies in predicting the correct outcomes.
Since when has YouGovPolimetrix focused on consumer research? YouGovPolimetrix is well known for its political and social polling, published often in the media, especially in The Economist. We are also working with CBS News throughout the 2008 presidential election. YouGovPolimetrix has conducted market research ever since it was founded in 2004, and market research is expected to make up the majority of its revenue in 2008 and beyond.
The name 'YouGov' was intended to reflect the new world of consumer power: you are in charge, not only democratically but as a shopper!
What kind of customer support can I expect? BrandIndex is designed to be easy-to-use. However, if you do have problems – for example setting up your daily profiles – we will provide the personal support you need to solve the problem. We also have a customer help line and online help facility.
Are there any other BrandIndex-related research products from YouGov? In addition to the syndicated BrandIndex service, subscription clients have the ability to commission custom research projects and surveys, based on our BrandIndex panelists. This follow up research can provide valuable insights into the causes behind the BrandIndex scores, and the changes in those scores over time.
Is BrandIndex available for other countries? BrandIndex is currently available in the U.S., United Kingdom, Scandinavia, Germany and the Middle East. We expect to launch BrandIndex in additional geographies soon.
Each quarter, YouGov will review the brands that are included in the BrandIndex. Brands that become important to the sector will move in - others may drop out. Clients interested in a particular brand can pay to have it included.
What are the moving averages? Which averages are robust? We provide you the flexibility to select from a variety of moving averages. The appropriate moving average will depend primarily on the number of respondents in the selection set:
Therefore, as a general rule:
Indicative margins of error for the different sample sizes are given below:
Which demographic segments can I look at separately? The online reporting tool allows you to break the data on the following demographics:
Can I set it up so that I can easily check the same brands each day? Yes, you can set up a series of profiles so that at a touch of a button you will see all the brands or aspects of brands that you like to check regularly.
How much does it cost? How do I subscribe? Please contact us at brandindex@polimetrix.com
How is the PollingPoint panel recruited? What type of validation is conducted? The goal of our recruitment is to create a large and diverse panel, which enables to accurately survey the U.S. population, and virtually any subset of the U.S. population. Our proprietary online panel community is branded PollingPoint. YouGovPolimetrix employs a double opt-in process to recruit and confirm all panelists. We typically create recruitment campaigns targeting specific demographic groups, and then leverage Google AdWords to position these recruitment surveys alongside relevant search results (for example, a recruitment survey designed to recruit men might be focused on which team will win the NBA playoffs and that campaign would appear in the advertisements alongside a Google search focused on the NBA or the NBA playoffs). At the end of the recruitment survey, a potential panelist is invited to join our panel. If the potential panelist responds affirmatively to the request. YouGovPolimetrix then sends out a confirmatory email to the respondent. Only if the potential panelist opts in to this email, does he/she become a panelist. Also at this time, we collect address and basic demographic information. Going forward, as the panelist takes surveys, we continue to collect additional attitudinal and behavioral information, to build out our ‘profile data library.’
Yes. We collect a variety of demographic information on our panelists, including birth dates, income levels, zip codes, etc. Our current demographic breaks in BrandIndex conform to industry standards. When conducting re-contact or custom research against the panel, clients are able to customize the demographic breaks.
What if my footprint is regional, rather than national? How is BrandIndex relevant to my brand or business? Our sample is intended to be representative of the U.S. population. This includes our geographic breaks. So you can focus on the region(s) that matter most to you, and be assured that you are looking at respondents who are representative of the geography(ies). For custom surveys, we can even identify respondents by relevant zip codes.
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