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August 13, 2024

From Emerging to Leading: Navigating the Brand Tracking Maturity Scale

After recognising a growing need among senior leaders to extract more value from their brand trackers, we developed a Brand Tracker Self-Assessment Tool - in this blog, we share how it works.
August 13, 2024

From Emerging to Leading: Navigating the Brand Tracking Maturity Scale

Evaluating the effectiveness of your marketing tools is crucial for any business aiming to stay ahead. After recognising a growing need among senior leaders to extract more value from their brand trackers, we developed a Brand Tracker Self-Assessment Tool. This tool is designed to help you assess your current tracking methods, identify areas for improvement, and determine where your brand tracker sits on the maturity scale. Whether you’re looking to innovate or improve, our tool is your gateway to superior brand tracking.

The Path to Brand Tracking Maturity

Our Brand Tracker Self-Assessment Tool was inspired by our Future of Brand Tracking study, which gathered insights from marketing and insight leaders across diverse sectors. This research revealed a divide between those advocating for evolutionary changes and those championing revolutionary transformations in brand tracking. This divide is rooted in each organisation’s maturity in understanding and using brand tracking. Maturity here refers not to the company’s age but to how deeply and effectively brand tracking is integrated into its strategic framework.

By understanding where you stand on this maturity scale, you can identify the steps needed to move up the curve and achieve the growth your brand deserves. Our self-assessment tool also provides actionable tips and recommendations designed to elevate your brand tracking efforts, ensuring you achieve success at every stage.

Understanding the Stages of Brand Tracking Maturity

We’ve identified four distinct stages of brand tracking maturity: Emerging, Developing, Mature, and Leading. Each stage reflects a unique point in the brand tracking journey, offering specific opportunities for growth...


Emerging trackers - building a foundation for the future

If your organisation is at the Emerging stage, you’re just beginning your brand tracking journey. You’re starting to measure and understand how your brand is perceived in the market. At this stage, your primary focus is on raising awareness about the importance of brand tracking within your company and building a solid foundation for future growth.

Next steps for Emerging trackers

1. Increase Awareness: Spread the word within your team about the power of brand tracking. Share success stories and case studies to highlight its importance.

2. Learn the Basics: Dive into the fundamentals of brand tracking. Understand key concepts, metrics, and methodologies to build a strong knowledge base.

3. Build the Foundation: Set up a structured approach to manage and enhance your brand’s market position. Establish basic processes and start collecting data consistently.



Developing Trackers - refining your approach

Organisations at the Developing stage have started to measure and understand how their brand is perceived and have implemented some foundational practices. Your focus is now on refining these practices, validating initial findings, and increasing engagement with internal stakeholders to integrate brand tracking insights into broader business strategies.

Next steps for Developing trackers

1. Refine Your Approach: Enhance your understanding of brand tracking and improve your data collection methods. Streamline processes for efficiency and accuracy.

2. Establish Reliable Metrics: Develop and refine key performance indicators (KPIs) tailored to your brand goals. Ensure these metrics are consistently tracked and analysed.

3. Engage Stakeholders: Increase internal buy-in and ensure brand tracking insights are integrated into broader business strategies. Communicate the value of brand tracking across all levels of your organisation.



Mature Trackers - optimising and integrating

Organisations at the Mature stage possess a high level of sophistication in their brand tracking approach. You've established advanced practices for measuring and understanding brand perception and performance. Your focus now is on continually optimising these processes, integrating insights deeply into strategic decisions, and leveraging your capabilities to maintain or achieve market leadership.

Next steps for Mature trackers

1. Optimise Processes: Continuously refine your brand tracking methodologies and metrics. Streamline and enhance your processes for greater efficiency.

2. Deep Integration: Seamlessly integrate brand tracking insights into broader business intelligence systems and strategic marketing initiatives. Ensure that insights are accessible and actionable across the organisation.

3. Leverage Insights: Use advanced analytics to derive actionable insights that drive strategic decisions and competitive advantage.



Leading Trackers - innovating and leading the market

Organisations at the Leading stage excel in measuring and understanding how their brand is perceived in the market. You utilise advanced analytics, integrate brand insights deeply into strategic decisions, and maintain a strong, consistent brand presence across global markets. Your focus is now on continuous innovation and staying ahead of industry trends.

Next steps for Leading trackers

1. Innovate Continuously: Keep refining your brand tracking methodologies to stay ahead of the curve. Embrace new technologies and approaches to maintain your edge.

2. Integrate Insights: Ensure that brand tracking insights are seamlessly integrated into all aspects of your business strategy. Make data-driven decisions a core part of your company culture.

3. Leverage Advanced Analytics: Use cutting-edge tools and techniques to derive deeper, more actionable insights. Stay at the forefront of analytics to drive strategic decisions and long-term success.


Closing Remarks

Understanding your brand tracking maturity is the first step toward optimising your brand strategy. Whether you're just beginning your journey or are already leading the market, each stage presents unique opportunities for growth.

At ImpactSense, our mission is to close the gap between insight and application, empowering businesses to not only understand how they’re performing but also how they can strengthen their market position and deepen their customer relationships. Brand tracking isn’t just a tool for the largest players—it’s a vital resource for any business, big or small, to stay competitive and drive meaningful growth.

Ready to discover where your brand stands? Take the Brand Tracker Self-Assessment Survey today to evaluate where you stand on the maturity scale and receive personalised recommendations to elevate your tracking efforts. Wherever you are on this journey, there's always potential to refine, grow, and innovate.

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