Lately, I’ve been wondering if anyone performs brand audits.
It seems like it would be an important step to take, but I never heard of one taking place and I don’t know anyone who performs them. Of course, that could be a reflection of my unconnectedness. Or it could be that very few brand managers are taking these methodical steps.
Brand Strategy Insider offers this description of a brand audit:
A brand audit provides an analysis of an organization’s brand and its brand management and marketing effectiveness. It assesses a brand’s strengths, weaknesses, opportunities, and threats. It identifies brand growth opportunities including those achieved by brand repositioning and brand extension. The audit should result in recommendations to improve brand equity, brand positioning, and brand management and marketing effectiveness.
I’d love to hear from you on this. Have you even been involved in a brand audit? Do you know of a firm that specializes in this service?
David,
Thanks for the mention. Actually many companies will engage in a brand audit prior to a brand strategy effort. We (The Blake Project) do offer this. Using Brad VanAuken’s 450+ question Brand Management Checklist(TM), interviews, document reviews and other techniques, we assess the efficacy of your brand management practices. We identify brand strengths, weaknesses, opportunities and threats and make practical recommendations for improving brand building within your organization. We also provide a QuickAudit version of this service.
There are other talented groups that perform these as well.
Derrick
David:
While not technically a specialty of ours, brand assessments (as we call them) still are a key service we offer both existing and prospective clients. They are comprehensive, thorough exercises, incorporating many of the techniques and tools you reference from the BSI piece. For us, they are essential to establishing a truly strategic relationship with client brands.
Kevin
LaBov and Beyond