Euro Rscg Study Shows That Obama Has A Stronger Brand Momentum Than Google Or The Iphone

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16th October 2008, 11:49am - Views: 710










 

Euro RSCG Study Shows that Obama Has a Stronger Brand Momentum than Google or the iPhone


NEW YORK, Oct. 16 /PRNewswire-AsiaNet/ --


    Network's Proprietary Research Tool Looks at Future Potential of Brands


    Euro RSCG announced today the results of its global Brand Momentum study.

This year's study looked at the top brands across the U.S., U.K., France, and

China, and asked consumers to indicate which brands are gaining ground,

losing ground, or staying the same. This study is fielded annually by the

global advertising network and has looked at 3,500 brands across 12

countries. The tool has been proven to predict the success or failure of the

world's most well-known brands.


    "We believe the key to future success in business and in politics is

momentum. Tracking studies tell you about history. Brand momentum predicts

the future. Brand Obama is a real marketing phenomenon. He's not only making

politics cool, he's outpacing Google and iPhone, the icon brands of this

century," said David Jones, Global CEO of Euro RSCG Worldwide. He added, "In

this latest momentum study, we've watched the presidential campaign closely

as politics is really at the cutting edge of marketing given its speed,

complexity and the need for split-second decision making. There are a number

of interesting insights into building momentum for our clients' brands."


    The Brand Momentum tool is a crossover from the agency's political

expertise around the world. In its first application to a brand in the U.S.,

it provided a key strategic asset for MCI in the days of the telecom wars.

The predictive value of the tool was demonstrated after the network created

the Momentum 20, a virtual index fund of the top 20 net momentum performers

from the first phase of that study. That index has outperformed every major

index fund, including the S&P 500 and the FTSE 100, since its inception.


    The brands in the Euro RSCG study are ranked by their net momentum, the

difference between positive momentum and negative momentum. Google was the

only brand to be ranked in the top three across three of the four markets:

Google ranked third, first, and second across the U.S., U.K., and France,

respectively. China had a completely unique top three with Taobao, Intel, and

BMW. The highest net momentum for any brand was the Wii in the U.S. at 84.4.

The top brands in the other countries were Google (UK) at 73.3, iPod (France)

at 76.6, and Taobao (China) at 69.


    The presidential candidate momentum was tracked separately in a

five-phase study first fielded prior to the conventions and then after every

major campaign event, including the conventions and the three debates (2

Presidential and 1 Vice Presidential). The study showed that neither

candidate had a momentum advantage going into their conventions, but that

quickly changed after the introduction of Sarah Palin. The post-convention

phase gave McCain a net momentum of nearly +50, while Obama's sank to -13.5.

Those positions flipped after the first Presidential debate (which coincided

with the onslaught of news around the economic situation), and Obama's

momentum has continued to increase while McCain's has steadily decreased

since then. The last phase, fielded from October 8-10, showed Obama with a

net momentum of 82.2, with respondents citing his debate performance and the

recent economic issues as key drivers for his momentum.

Government Political Euro RSCG Worldwide 2 image


    In the second phase of the study, Euro RSCG investigated what triggered

momentum. Several key marketing drivers were identified; including a

reputation as a "visionary," a strong digital social network, peer

recommendation, and youthfulness. Looking at just the candidate momentum

piece of this study, it is of little surprise that Obama is entering the

final weeks of the campaign with the second-highest momentum of any brand in

the study given his relative youth, online outreach, online community, and

his positioning as a change agent.


    Finally, the study investigated the relationship between net momentum and

purchase intent. While there is a correlation between these two measures,

Euro RSCG discovered that "trust" in a brand, in combination with strong

momentum, drove purchase intent. Again using the example of the presidential

survey, after each debate Obama has seen an increase in the polls --

essentially a purchase intent measure -- because voters report that they have

become more familiar with him and put more trust in him to deal with the

economic crisis.


    Andrew Benett, co-CEO of Euro RSCG New York and Global Chief Strategy

officer, added, "The insights we gained in this study will enhance the way we

use this tool going forward. In future momentum studies, we will look at a

client's or prospect's brand and its competitors and determine which driver

is the most promising one to increase or maintain momentum in a given

category. We'll be able to compare share of market to share of voice, share

of news, share of blog, or share of any of the marketing drivers within their

category and will be able to intelligently adjust both the message and the

medium in real time in order to drive value for our clients' brands."


    Euro RSCG Worldwide, a leading integrated marketing communications agency

and Advertising Age's and Campaign's 2006 Global Agency of the Year, is made

up of 233 offices located in 75 countries throughout Europe, North America,

Latin America, and Asia-Pacific. Euro RSCG provides advertising, marketing

services, corporate communications, and interactive solutions to global,

regional and local clients. The agency's client roster includes Air France,

BNP Paribas, Charles Schwab, Citigroup, Danone Group, Chivas, Heineken USA,

IBM, Jaguar, Kraft Foods, Lacoste, L'Oreal, PSA Peugeot Citroen, Reckitt

Benckiser, Sanofi-Aventis, Schering-Plough and Valspar. Headquartered in New

York, Euro RSCG Worldwide is the largest unit of Havas, a world leader in

communications (Euronext Paris SA: HAV.PA).


    Mary Perhach

    Global Chief Communications Officer

    Euro RSCG WorldWide

    mary.perhach@eurorscg.com

    +1-212-886-4418, +1-646-508-6415


SOURCE: Euro RSCG Worldwide


     CONTACT: Mary Perhach, 

              Global Chief Communications Officer of Euro RSCG WorldWide

              +1-212-886-4418, or +1-646-508-6415

              mary.perhach@eurorscg.com








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