Latest GfK quant offering focuses on human relationships
The new approach, developed in collaboration with the GfK Association and Professor Susan Fournier of Boston University, works by studying consumers’ emotional and social connections with brands. GfK has developed statistical models that aim to identify what builds brand equity and drives relationship growth or decline. These are based on global R&D in 11 different categories and 250 brands.
The agency says it will be able to provide clients with clear guidance on how to improve brand management and customer experience using the approach and claims initial tests have already shown a clear connection between these brand relationships and business outcomes.
John Wittenbraker, global director of innovation, brand and customer experience at GfK, said: “Relationships are inherently emotional and social – which are also the two most important engines of consumer behavior. This approach moves us beyond the traditional brand funnel – and, because it accounts for the lifespan of relationships that consumers have with brands, it also delivers strategies for managing customer lifetime value, which are key to long-term brand success.”

We hope you enjoyed this article.
Research Live is published by MRS.
The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.
Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.
For example, there's an archive of winning case studies from over a decade of MRS Awards.
Find out more about the benefits of joining MRS here.
0 Comments