1. brandgym survey: Leading brands out of the recession
This survey asks questions about strategies used by brands to cope with the current recession, and seeks to identify which approaches are long-term ones, not just quick fixes.
If you are an agency/consultancy person, please answer the questions thinking about the brand(s) you work on, rather than the company you work for.
| | Very bad | Bad | No effect | Good | Very good |
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| Actual effect of the recession on brand in the last 12 months | | | | | |
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| Forecast effect of the recession on brand in the next 12 months | | | | | |
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| | Have not used | Used, and it worked well | Used, and it did not help |
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| Cutting prices | | | |
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| Upping promotional spending | | | |
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| Sharpening the brand positioning | | | |
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| Creatively cutting costs, without cutting quality | | | |
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| "Killing dwarves" = cutting under-performing products/services | | | |
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| Growing the core business | | | |
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| Boosting differentiation to stand out | | | |
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| Using every bit of the brand to sell (e.g. pack, website) | | | |
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| Engaging/Mobilising "brand fans" to promote the brand (employees and loyal consumers) | | | |
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| | Short-term: relevant only during the recession | Long-term: will carry on using after the recession | Not relevant at all |
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| Cutting prices | | | |
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| Upping promotional spending | | | |
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| Sharpening the brand positioning | | | |
|---|
| Creatively cutting costs, without cutting quality | | | |
|---|
| "Killing dwarves" = cutting under-performing products/services | | | |
|---|
| Growing the core business | | | |
|---|
| Boosting differentiation to stand out | | | |
|---|
| Using every bit of the brand to sell (e.g. pack, website) | | | |
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| Engaging/Mobilising "brand fans" to promote the brand (employees and loyal consumers) | | | |
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| | Was the focus before the recession | Focus in the past 12 months | Focus for the next 12 months |
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| Selling more of the products/services you already have (i.e. no new products at all) | | | |
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| Extending the CORE range of product/services (e.g. Dove Bar launching a new version, Dove Refreshing Green Bar) | | | |
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| Stretching the brand with new products/services into NEW markets (e.g. Dove launching into baby cleaning) | | | |
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