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Comparison and competition of brand sales certification: how to analyze and evaluate the data performance of oneself and competitors, and how to formulate and implement effective marketing strategies?

2024-07-23 22:32:34 Source: Champ Consulting Visits:0

Brand sales certification is an important indicator to measure the performance and influence of a brand in the market. It can help brands understand their strengths and weaknesses, as well as the gaps and opportunities with competitors. Starting with the concept, method and standard of brand sales certification, this paper analyzes how to use data and tools to carry out effective brand sales certification, and how to formulate and implement targeted marketing strategies according to the certification results. This paper also combines the specific case of the Shangpu consulting service customers to show the application and value of brand sales certification in practice.

brand sales certification is what?

Brand sales certification is a method to evaluate the sales performance and market share of a brand in the market. It can reflect the brand's popularity, reputation, loyalty and competitiveness. Brand sales certification can help brands understand their position and influence in the target market and target consumer groups, as well as their relative advantages and disadvantages with competitors. Through brand sales certification, brands can find their own potential and problems, as well as the direction and space for improvement and promotion.

What are the methods and standards for brand sales certification?

There are two main methods for brand sales certification: one is based on data and reports provided by third-party organizations or platforms for analysis, and the other is based on data collected and collated by oneself. The advantage of the first method is that the data source is reliable, objective and comprehensive, while the disadvantage is that the data may not be timely, accurate and targeted. The advantage of the second method is that the data source is timely, accurate and targeted, but the disadvantage is that the data may be unreliable, subjective and one-sided. Therefore, the best practice is to combine the two methods and use multiple data sources for brand sales certification.

Brand sales certification standards mainly have the following aspects:

Sales: Refers to the total revenue realized by the brand in a certain period of time, which reflects the market size and profitability of the brand.

Sales growth rate: refers to the percentage increase in sales achieved by the brand in a certain period compared to the previous period, which reflects the market vitality and development potential of the brand.

Market share: refers to the proportion of the target market or target consumer group occupied by the brand in a certain period of time, which reflects the market position and competitiveness of the brand.

Market growth rate: refers to the growth percentage of the target market or target consumer group occupied by the brand in a certain period compared with the previous period, which reflects the market influence and attractiveness of the brand.

Brand awareness: refers to the brand's awareness and exposure in the target market or target consumer groups, which reflects the brand's market coverage and communication effect.

Brand reputation: refers to the evaluation and reputation of the brand in the target market or target consumer group, which reflects the brand's market image and trust.

Brand loyalty: refers to the repeated purchase and recommendation rate of the brand in the target market or target consumer group, which reflects the market retention and recommend effect of the brand.

How to use data and tools for effective brand sales certification?

For effective brand sales certification, the following steps are required:

Determine the target market and target consumer groups: According to the brand positioning, products, services and other factors, determine the brand to enter or has entered the market range and consumer characteristics, in order to collect and analyze relevant data.

Collect and organize data: According to the above methods and standards, collect sales data of the brand itself and competitors from a variety of channels and sources, including data reports provided by third-party organizations or platforms, as well as data obtained by itself through surveys, observations, and tracking. The collected data should be cleaned, screened, classified and summarized for analysis.

Analysis and evaluation of data: according to the above methods and standards, the collected data are calculated, compared, summarized and summarized to obtain the performance and ranking of the brand itself and competitors in all aspects, as well as the brand's own strengths and weaknesses, as well as the gap and opportunities with competitors.

Formulate and implement marketing strategies: According to the results of analysis and evaluation, formulate targeted marketing strategies, including products, prices, channels, promotions, advertising, etc., to improve the sales performance of the brand in the target market or target consumer groups. At the same time, it is necessary to regularly monitor and evaluate the effectiveness of the implementation of marketing strategies, as well as changes in the market environment, and adjust and optimize marketing strategies in a timely manner.

Specific cases of clients of Champ Consulting Services

Champu Consulting is a consulting company specializing in providing brand sales certification services. It provides customized solutions for customers of different industries and sizes. The following are some of the specific cases of Champ Consulting Services clients:

Case 1: An internationally renowned sneaker brand wants to enter the Chinese market, but is not clear about its performance and competitiveness in the Chinese market. Shangpu Consulting provides it with an overall analysis report on sneaker industries in the Chinese market, including market size, growth rate, share, trends and other data, as well as sales data and brand image analysis of major competitors. Through these data, the brand understands its strengths and weaknesses in the Chinese market, as well as the gaps and opportunities with competitors. According to these data, Shangpu Consulting has also formulated marketing strategies for the Chinese market, including product localization, price positioning, channel expansion, promotional activities, advertising and so on. By executing these marketing strategies, the brand has achieved significant sales growth and market share gains in the Chinese market.

Case 2: A leading domestic e-commerce platform wants to enhance the popularity and reputation of its own brand in the hearts of consumers. Shangpu Consulting provides it with an analysis report on the brand awareness and word-of-mouth of its own brands in the target consumer group, including data on consumers' perception, evaluation, preference and recommend of its own brands, as well as comparisons and differences with competitors. Through these data, the platform understands the image and reputation of its own brand in the minds of consumers, as well as the existing problems and the direction of improvement. According to these data, Shangpu Consulting has also formulated marketing strategies for its own brands, including product optimization, price adjustment, channel expansion, promotion innovation, advertising creativity and so on. By executing these marketing strategies, the platform enhances the brand awareness and reputation of private brands, and increases consumer loyalty and recommendation rates.

Case 3: A new beauty brand wants to break out in a competitive market, but doesn't know how to develop an effective marketing strategy. Shangpu Consulting provides it with market analysis reports on the beauty industry, including market size, growth rate, share, trends and other data, as well as sales data and marketing strategy analysis of major competitors. Through these data, the brand understands its performance and competitiveness in the beauty market, as well as the gaps and opportunities with competitors. According to these data, Shangpu Consulting has also formulated marketing strategies for the beauty market, including product innovation, price advantage, diversified channels, active promotion, advertising personality and so on. By executing these marketing strategies, the brand has achieved rapid volume growth and market share gains in the beauty market.

Summary

Brand sales certification is an important method to evaluate the performance and influence of a brand in the market. It can help brands understand their own strengths and weaknesses, as well as the gaps and opportunities with competitors. By using data and tools for effective brand sales certification, brands can develop and implement targeted marketing strategies to improve their sales performance in target markets or target consumer groups. Shangpu Consulting is a consulting company that specializes in providing brand sales certification services. It provides customized solutions for customers in different industries and sizes to help customers achieve the goals and value of brand sales certification.




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