s   University
outhampton
                                               of
MEASURING MARKETING
    EFFECTIVENESS
LECTURE 5: CONSUMER MINDSET
          METRICS:
SHARE OF HEARTS AND MINDS
          Dr. Ying Feng
                                                             University of
                                                        @Southampton
Today
  1. Brand Awareness: Key Concepts and Considerations
 2. Brand Attitude: Key Concepts and Considerations
 3. Customer Satisfaction: Key Concepts and Considerations
 4. Eye-tracking for Brand Awareness
                                                                                                                              University of
Linking to Course Content                                                                                           @Southampton
                                                                                                                          Rust et al. 2004
 *Net profit, Margins, ROMI
                                                                                      Marketing Actions                         The Firm
                                                                                        Tactical Actions                        Strategies
                                                                                   Advertising,                 ¢         Promotion strategy,        -
                                                                                   Senice iImprovements, etc.             product strategy,
                                                                                                                          channel strategy, etc.
                       *Market Share
                                                                                   Impact on attitudes,         |         Brand equity,
                                       “Mindset                                    impact on satisfaction.
                                                                                                       ete. ||            customer equity, stc.
                                                                                              L                                     I
                                       *Brand Equity
                                       Customer Value
                                                                                      Market Impact                       Market Position
                                                                                   Markat share impact, [™"               arkot shara,
                                                                                   salos impact, otc.                     salos, olc.
                                                        *Product Innovation
                                                        *Place: Retail and
                                                         Distribution                         v                                    . 4
                                                        *Price/Promotions: Sales
                                                         Promotions and              Financial Impact      L         4!     Financial Position
                                                        Advertising                ROI, EVA, etc                          Profits, cash flow, etc.
                                                        *Digital
                                                                                              ¥                                     Y
                                                                                    ImpactonFirmValue           |    |      Value of the Firm
                                                                                   MVA                                    Market caplakzation,
                                                                                                                          Tobin's q
@g@   University of
\&/Southampton
                                                                                                University of
Did the Campaign Work? (YouGov results)                                                       @Swthampw“
Ad awareness rose 7% (18 to 25%) from lowest to highest point
         KFC‘ ‘The Whole Chlcken ad achleves cut
                                               through desplte criticism
         YouGov Brandindex   KFC   Ad    Awareness Score (am   all respondents
             A                                                                         —
         01-Jun-17           15-Jun-17             29-Jun-17          13-Jul-17   27-Jul-17
          You
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Brand Awareness
  Difficulty               Soo
  Level
        All topics Bendle et al;
        p.45-55
                                                 B southarmoton
Awareness
The percentage of potential customers who recognise — or
                  name — a given brand.
                   Bendle et al, 2021 (p.46)
Goal                                                @scuthameton
   To identify the reach and memorability of the brand or a
                       specific campaign.
 Brand awareness (general)
 Brand awareness (period)
 Campaign awareness
 Product awareness
        .                                               @Sgflvtefigmpton
Requires
Surveys with members of the target population (pulse: online /
offline)
Personal interviews (sometimes using a stimuli; e.g. a product,
etc.)
Digital real-time insight (e.g., Search Engine Data, Social Media
Listening, Website Traffic, Al and Big Data Analytics)
Approaches                                             @s   University of
                                                            outhampton
 A. Aided:
 Prompted in terms of the brand (or product, ad):
             “Have you ever heard of Mercedes-Benz”
 B. Unprompted (top of mind):
 Prompted by the category but not the brand:
             “Which car manufacturers can you name?”
                                                       University of
                                                @Southampton
          Phillips Electric Shaver
PHILIPS   Netherlands release Phillips Nivea for men
          shaver
          Launched for Christmas
          Campaign included integrated media with TV,
          MTV promotions, billboard (train & elsewhere)
          posters, online etc.
                                                   @s   University of
Phillips
                                                        outhampton
Marketing research company
conducted weekly questionnaires
with 120 men
Questions included:
 “...thinking about all the different places you
 have seen, heard, or read about electric
 shavers recently, including all the different
 kinds of advertising and other activities that
 promote them; have you seen, heard or read
 anything about the following brands
 recently?”
                                                                                                                       University of
                                                                                                                  @Southampton
                90              s   Philips    e ememBraun        e=——Panasonic   - «=-Remington
          §     80
          = 1
         gy             =65%                  72%,                 — 70% == 68%                              67%
         :g «                                        61%                                      Ssaw”
         = 9    50                            51%\
        2E      o       -38%                         N30~~~
                                                       42%~~ <350~ — ~3706~~~38%
        25
         £%
        c-      30
        @© S    20
          (=}
                10      %                                    6%          ——7%                      a         7%
                     Sth-12th             26thNov-       3rd-9th      10th-16th   17th-20th    21st-27th   28th D«-‘
                       Oct                 2nd Dec                          December                        4th Jan
The chart reveals the awareness relative to competitors. Initial increase but only
momentarily.
Comparisons to the baseline (65%) showed little change
Awareness Considerations
                                                          @Sumvtelt‘sity of "
     .    .               .                                    outhampton
Considerations-Response bias                                          P
            )               Social            Demand
   Recall Bias           Desirability          Effects
                               Bias
    a systematic        response bias        a number of
  error caused by         that is the     situations where
   differences in        tendency of       expectations or
  the accuracy or           survey             cues from
 completeness of       respondents to     experimenters or
 the recollections          answer               survey
     retrieved by       questions in a      designers can
         study         manner that will      influence the
     participants         be viewed           behavior of
 regarding events        favorably by        participants,
  or experiences            others.        which can lead
   from the past.                         to biased results
 Considerations                                 @southampton
Response bias
Outcomes   Orientation
   Increased awareness —>   Negative outcomes
                                  =                        BALENCIAGA                                  [m]   l   ;
                                  Q,    WHAT ARE YOU LOOKING FOR?
                                   NEW ARRIVALS       ~ WINTER     22     ADIDAS
                                  'y shipping on all orders | 45-day returns for orders placed betw,   X
                                                    E S
*Balenciaga’s Improper
Campaign
*- When   it comes to the brand
awareness, it is not always the
more the better ...
                                                      2R     University of
                                                      \&/Southampton
Another example of negative outcome of brand awareness ...
      Brand Attitude
Concepts & Considerations
    Goal                                                            @scuthampton
“Customer brand        attitude can be thought of as having two components: 1)
 The strength of       positive or negative valence that a customer experiences
   with regard to      a particular brand. And 2) the belief that the positive or
negative valence        is accurate. In other words, how much does the customer
       like/dislike   a brand, and how convinced is the customer that this
                         perception about the brand is correct?”
                                  (DeVault, 2012)
Considerations               @southampton
Subjectivity
               9/10   6/10
Digital brand association networks                                 Dsouifampton
 Consumers often shar                               “numbers” [frequently
 unknowingly].
 How: blogs, revie
 What are the m         mmonly h                        y for an attitude] a brand
 has? Sometime          is referred
 Imagine an ho          witter, wha   or terms do          ink come up most
 frequently for      nalds chatter
                                                                        @Sgfl?figmpton
Digital brand association networks
                                                 Grey circles represent favorable and
                                                 white circles unfavorable brand
                                                 associations
        DORRNN RS                                Most popular:
         A    ‘ 2\                                  Yummy (+)
                                                    Price (-)
                                                    Price (+)
                     12   sauce                     Not enough (-)
                          %       availability
                                                                                        S}
                            University of
                     @Southumpton
Digital brand
association
networks
*Analysis: text analysis / sentiment
analysis (based on dictionaries)
*Results: Valence scores (volume)
—> Sales / Shareholder value (++)
*(Tellis & Johnson, 2007)
*Considerations: ?
Considerations (continued)                                                       Dsalthampton
More subjectivity (!) (e.g. sarcasm)
Self-response bias (i.e., tendency to provide inaccurate, or even false, answers to self-report
questions)
                                                                                                  S}
                                                                                                                                                                  University of
                                                                                                                                                               @Southampton
Mid-term module evaluation survey                                                                                                                                   Posted to: 24-25 Measuring
                                                                                                                                                                    Markering Effectiveness-
Posted on: Monday, 24 February 2025 15:35:58 o'clock GMT                                                                                                            42590
Dear all,
Hope you are well.
We are conducting a mid-term evaluation survey. Please use the following link to share your thoughts about this module. The survey is open till next Monday.
Microsoft Forms
We look forward to hearing back from you.
MANG6533 Teaching Team
                                                                                                                                                                                                 w
   Customer Satisfaction
Concepts & Considerations
Customer Satisfaction                                              st o
(CSAT)
 On a scale of:
 Extremely Unsatisfied (1) Bl Extremely Satisfied (5)
 ... or some other combination of anchors [very dissatisfied...]
Why 1s CSAT so Popular?
                                                                                     University of
                                                                               @Southampton
 Higher satisfaction correlates with:
 Higher affective commitment (Johnson et al, 2001)            WTP
      Increased repurchase intentions (Fornell et al. 1996)
      Willingness to pay more (Homburg et al. 2005)
      Greater advocacy (Luo & Homburg, 2007)
            Improved advertising efficiency
      Lower complaints (Fornell et al, 1996)
 Improved share value (stock market returns) (Fornell 2008)
                                                                    ‘What is there not to like?
         .           .                                          @Sgfl\ffigfipton
Considerations
Measurement issues
   Subjectivity in what being ‘satisfied’ means
   Non-response bias (i.e., responders versus non-responders)
                                  .                                  @Sgflvtefigmpton
Tell me your “feelings™
You have just got back from your first meal at a new restaurant...
Scenario A: The food was excellent, the service was impeccable, the decoration
is wonderful.
Scenario B: The food was poor, the server spilled soup on the table, the
atmosphere was musty.
The restaurant emails and asks you to share your attitude about the
restaurant (and experience [applies to CSAT too]).
                                                                   @s   University of
                                                                        outhampton
Considerations
Measurement issues
   Subjectivity in what being ‘satisfied’ means
   Non-response bias (responders versus non-responders)
   Longitudinal analysis (Rego et al. 2013): expectation changes
                                                                                        w
                                                                          University of
Expectancy Disconfirmation over time                                   Bsuihampton
           Disconfirmation Gap = ++++     Disconfirmation Gap ++
                         Q                          ©
                         ©                          ©
     .                   ©®                     ® ©
 Rating                                         ©   ©
                   © ©                          © 0
                   ® @                          ® ©
          Expectation     ~ Performance   Expectation    Performance
                        Time 1                  Time 2
                                                                                          w
                                                                                                               University of
                                                                                                       @Southampton
5-point and 7-point Likert scales
   Strongly Disagree              Disagree                Neutral              Agree         Strongty Agree
           @)                       O                      O                   O                   O
                                               mewhat
 Strongly Disagree     Disagree              o       oy         Neutral   Somewhat Agree   Agree          Strongly Agree
                                              Disagree
       O                 O                     O                    O          O           O                  O
                                                                                                                               w
Some Alternatives                                   @s   University of
                                                         outhampton
 1.   Customer Effort Score
 2.   Net Promote Score* (by far the most famous)
                                                                         w
                     .                .                .       @Sgflvtefigmpton
Other theoretically salient metrics
 1.   Trust (Ganesan, 1994)
       1.   Benevolence (has made sacrificies for us; cares for us; has gone
            out on a limb for us; like a friend; has been on our side)
       2.    Credibility (frank; reliable; knowledgeable regarding products;
            does not make false claims; honest about the problems; has
            problems answering our questions)
 2.   Commitment (Verhoef, 2003)
                                                                                ~
                                    Objective Biometric data
                                    *   Traditional market research typically uses
Why use eye-tracker as a research       questionnaires, interviews, or observation
tool?                                   methods to collect data. These types of data are
                                        subjective.
                                    Gather Behavioural Insights
                                    *   Exposing the consumer decision-making
                                        process.
                                    *   e.g., Pupils dilate when we’re intrigued by
                                        something or when we’re having an intense
                                        emotional response to what's in front of us.
  Eye-tracker Research Related Bottlenecks
* Price
    ®     ltis an expensive technology due to costly hardware and software
        requirements.
¢ Accuracy & Precision
    *   Poor calibration and inaccurate drift correction can pose severe
        problems for eye-tracking experiments.
    *   Eye movements of some users are often un-intentional.
    *   Not all eyes can be tracked. Contact lenses, glasses, and pupil color
        can all impact the eye-tracking camera's ability to record eye
        movements (Tobii 2014).
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      Most Used Eye-tracking Metrics
1.   Fixations and gaze points
 *   Gaze points show what the eyes are looking at.
 *   Afixation is constituted by a series of gaze points (in time and/or space), which denoting a period
     where the eyes are locked towards an object
 2. Heatmaps
 *   Heatmaps are visualizations that show the general distribution of gaze points. They are typically
     displayed as a color gradient overlay on the presented image or stimulus.
 3. Areas of Interest (AOI)
 *   An AOlis a tool to select regions of a displayed stimulus. It defines the area by which other metrics
     are calculated.
4. Time spent (Dwell Time)
 ¢   Time spent or dwell time quantifies the amount of time that respondents have spent looking at a
     particular AOL.
                                                                                          Source: IMOTIONS
Brand awareness: Survey +Interview +Neuromarketing Evidence
                                              Y        3
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Online Eye-Tracking Platform - RealEYE
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   Online   Research   Platform with
   Webcam Eye-Tracking
   EJSee the platform's video overview
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                                                        University   of
                                                  @Southampton
                   Next Week
Topic: Brand Management & Value Metrics: Brand Equity
                     Contact
            Email: Ying.Feng@soton.ac.uk
        Office Hours: by appointment via email
             Any Questions?