Brand equity is more than just a buzzword—it's the foundation of successful businesses and the key to understanding how brands create lasting value through consumer perception and connection with your brand.
This blog explores two landmark models that have revolutionized our understanding of how brands build lasting value: the Aaker Model and the Brand Asset Valuator (BAV). We will outline these frameworks and highlight the key elements that transform ordinary brands into influential market leaders.
MDRG takes these foundational models further with our innovative brand-tracking approach.
The Aaker Model and the Brand Asset Valuator have shaped how we understand and measure brand equity.
These frameworks provide insights into the factors that make a brand strong, memorable, and valuable.
Both models offer valuable tools for analyzing and improving brand performance, but at MDRG, we’ve taken these insights a step further.
This approach to brand tracking is grounded in the belief that brands grow by building meaningful connections at every stage of the consumer journey.
Our framework simplifies the complexity of brand equity into three clear stages:
This focuses on the foundation of brand equity—consumer awareness and the associations they form. It’s not just about whether consumers recognize a brand, but what comes to mind when they do.
Affinity captures how much consumers like and value a brand. We measure satisfaction, likelihood to recommend, and relevance to understand the emotional and functional connections that drive consumer preference.
The goal of any brand is to foster loyalty. Our framework identifies where consumers fall on the loyalty continuum, from occasional buyers to passionate advocates, and reveals strategies to deepen commitment.
Our Whole Brand ApproachTM doesn’t just complement these renowned models—it integrates their principles into a unified strategy. Here’s how they align:
By integrating the Aaker Model and the Brand Asset Valuator insights into our Whole Brand ApproachTM, MDRG offers a smarter, more holistic perspective on brand tracking. These models provide a solid foundation, but our unique ability to translate these insights into actionable growth strategies sets MDRG apart.
From building awareness to fostering loyalty, we help brands thrive by making meaningful connections at every stage.
Contact us today to transform your brand tracking strategy with MDRG's Whole Brand ApproachTM.