Superbrands 2004 - Brand Autopsy
Superbrands 2004 - Brand Autopsy
Superbrands 2004 - Brand Autopsy
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<strong>Superbrands</strong> METHODOLOGY<br />
magic and, in a way, the brand becomes<br />
secondary to the marketer. So, it’s fair to<br />
ask: Are these the best marketers for a particular<br />
job, or are they best at marketing<br />
themselves? Ries noted that marketers who<br />
manage to get a job at a high-profile company<br />
get noticed whether they’re good or<br />
bad—and no matter how long they stay. On<br />
the other hand, the trademarks that topped<br />
Interbrand’s top 100 global brands list—<br />
Coca-Cola, Microsoft, IBM, GE and<br />
Intel—aren’t associated with a super CMO,<br />
save for Garrity, who left IBM more than<br />
a decade ago.<br />
Jeff Swystun, global director at Interbrand,<br />
New York, said it’s probably better<br />
to go with a mediocre marketer who is willing<br />
to put ample time in at a brand than<br />
a hotshot who flees after a year. “Rapid<br />
switching is not good for the brand and<br />
not good for the company,” he said. “Anyone<br />
who’s in the role three years or less<br />
doesn’t have time to absorb the nuances.”<br />
Greg Welch of Spencer Stuart has a<br />
solution: contracts. “Can you imagine how<br />
different it would be if new marketers had<br />
to sign a 60-month contract?” he asked.<br />
On a grander scale, an argument<br />
against star CMOs is an argument against<br />
stars in general. As Martinez noted in The<br />
Hard Road to the Softer Side, Young & Rubicam’s<br />
team came up with the “Softer Side”<br />
campaign. Costello basically had the sense<br />
to use the idea, but he did not create it.<br />
As Ries noted, marketers get a halo effect<br />
from being around a good team.<br />
The fact is, individuals rarely create new<br />
ideas on their own. In the history of philosophy,<br />
there were only three major<br />
thinkers who appeared to do just that:<br />
Taoist metaphysician Wang Ch’ung, Zen<br />
mystic Bassui Tokusho and Arabic<br />
philosopher Ibn Khaldun. All the<br />
others came from various existing schools<br />
and movements.<br />
In that sense, a CMO may better be<br />
considered a manager than a marketer. Creativity<br />
doesn’t even make the cut among<br />
Spencer Stuart’s list of key CMO attributes.<br />
Instead, important traits include<br />
adaptability, a thick skin and even a history<br />
of overcoming some type of adversity,<br />
whether personal or professional.<br />
Geoffrey Frost, CMO of Motorola and<br />
formerly of Nike, argues that the X factor<br />
for a star marketer has more to do with leadership<br />
than creativity. “Why are some<br />
groups smarter than their smartest member<br />
and others dumber than their dumbest?”<br />
he asked. “You have to be smart enough<br />
to know the limits of your own intelligence,<br />
so you can magnetize that talent. It’s basic<br />
stuff, but it’s hard to do.” B<br />
S18 JUNE 21, <strong>2004</strong><br />
A Look Behind the Numbers<br />
The annual <strong>Superbrands</strong> report is presented<br />
in two parts. As in past years,<br />
marketplace analysis by <strong>Brand</strong>week<br />
reporters and brand rankings in 25 categories<br />
are based on 2003 sales. The Top 2000 list<br />
(beginning on page 70) ranks full-year media<br />
expenditures as tallied by TNS/CMR.<br />
Consumer perceptions of brands from<br />
Harris Interactive’s EquiTrend® study<br />
round out the package. This year’s report<br />
contains even more comprehensive diagnostic<br />
results for evaluating brand equity.<br />
To begin, “Familiarity” replaces “Salience”<br />
as a more sensitive measure of a consumer’s<br />
ability to rate a brand. Respondents then<br />
ranked brands with which they were “somewhat,”<br />
“very” or “extremely” familiar on<br />
their propensity to purchase that brand to<br />
better gauge its vitality in the marketplace.<br />
“Purchase intent has a huge correlation to<br />
actual use, said Deanna Wert, vp-brand<br />
and reputation strategy at Harris.<br />
EquiTrend Study Key<br />
Each brand was rated on the following criteria:<br />
A sample of 24,046 consumers age 15and-over<br />
were surveyed on 1,031 brands<br />
using The Harris Poll (HPOL), a multimillion<br />
member online panel of respondents<br />
who have opted to take part in online<br />
surveys. Interviewing was conducted from<br />
April 23 to May 24; the survey took an average<br />
of 28 minutes to complete.<br />
Each respondent was asked to rate a<br />
total of 80 brands, including 20 core<br />
brands (rated by the total sample) and 60<br />
randomly selected ones. Each brand<br />
received approximately 1,200 ratings.<br />
<strong>Brand</strong>s were randomized so names did<br />
not always appear in the same order. The<br />
20 core brands were used to calibrate the<br />
data using Harris Interactive’s proprietary<br />
bias correction (TRBC) to purify the goodwill<br />
measure and eliminate biases inherent<br />
in the use of rating scales that can distort<br />
results and make comparisons among subgroups<br />
misleading.<br />
Quality, 0-10: The cornerstone of the EquiTrend brand measurement system is the measurement<br />
of perceived quality, where zero means “Unacceptable/poor,” 5 means “Quite acceptable”<br />
and 10 means “Outstanding/Extraordinary.” Respondents could rate a brand using any<br />
number in that range, or indicate that they had absolutely no opinion and could not rate it.<br />
Familiarity, 1-5: Respondents were asked to rate familiarity with each brand on a 1 to 5<br />
scale, where 1 means they never heard of the brand, 2 means they just know of the brand,<br />
3 means they are somewhat familiar, 4 means they are very familiar and 5 means they are<br />
extremely familiar with the brand.<br />
Purchase Intent, 0-10: Conceptualized as a measure of the extent to which a consumer<br />
intends to have a future relationship with a brand, respondents indicated their<br />
answers using a 1-4 scale, where “1” means “never,” “2” means “not likely,” “3” means “possibly”<br />
and “4” means “absolutely” would purchase a product brand/watch a TV channel/show.<br />
Equity, 0-100: A brand’s equity score is determined by a calculation of Familiarity, Quality<br />
and Purchase Intent, as a way to further our understanding of a brand’s overall strength.<br />
<strong>Brand</strong>s that have high quality, are well known and score well on purchase intent, have greater<br />
equity than brands that are not well known, have poor perceived quality or those brands<br />
which consumers are not interested in purchasing. The actual equation is done by indexing<br />
Familiarity and Purchase Intent; followed by weighting the Familiarity score*, which is then<br />
multiplied by the mean of Quality and Purchase Intent, with the result indexed on 100.<br />
(*Familiarity weights: 10 = 1; 7.75 = 0.9; 5.5 = 0.8)<br />
For more information on the Harris Interactive study, contact nwong@harrisinteractive.com.<br />
www.brandweek.com