A Refreshing Take on Soda Brand Health Tracking

(String: https://www.quantilope.com/hubfs/Soda%20Study%20Blog%20Cover.png)
brand health tracking soda insights

quantilope's syndicated brand health tracker on the soda category is the first to leverage a new tracking model within the Consumer Intelligence Platform. 


Soda Dashboard


As noted above in a screenshot sneak-peek of the study's dashboard, quantilope's new approach to tracking swaps out brand funnel metrics for empirically-grounded market research concepts known as Category Entry Points (CEPs) and Mental Availability. CEPs are the 'cues' that prompt consumers to think about certain buying scenarios, and mental availability is when consumers think of your brand in those situations. For example, if someone is packing for a vacation, that's a 'cue' to go out and buy sunscreen. So the Category Entry Point would be 'going on a summer trip'. When a consumer is packing their bags and thinks to go and buy Banana Boat sunscreen, that shows strong Mental Availability for the Banana Boat brand. 


We took this new concept and leveraged it for a refreshing take (pun intended) on soda tracking insights  - with a focus on Diet Coke, and 9 other competitive soda brands: Coca-Cola, Dr. Pepper, Pepsi, Fanta, 7-UP, Mountain Dew, Red Bull, Diet Pepsi, and Sprite. Before starting our study, we first needed to establish our CEPs for the soda category using an implicit pre-test. CEPs should be general enough so they could logically apply to any brand in the soda category if another soda company were to run a market research study. The 'pre-study' resulted in a list of 20 potential soda buying 'cues' such as 'refreshment', 'family gathering', 'cravings', 'thirst quenching', and 'restaurant'. 


Using these 20 CEPs for soda, respondents were then shown all 10 soda brands and asked to select the brands that fit with each Category Entry Point. From these answers, quantilope's platform automatically calculates four key mental availability metrics known as mental market share, mental penetration, network size, and share of mind. 


Below is a quick summary of what each of these four key charts represents: 


Mental Market Share

How 'present' a brand is in consumers' minds

Mental Penetration

Consumers that have at least some mental availability of our brand

Network Size

How broad category associations are for each brand

Share of Mind

What other brands are customers thinking of?


The coolest part about this new model is that (in true quantilope fashion), the entire process is automated from a templated, yet customizable survey set-up, pre-built reporting charts that update in real-time, and a templated dashboard to visualize results for stakeholders. 


To explore more brand health tracking data for the soda category, including metrics around brand awareness, brand associations, brand attitudes, and more, download the full soda dashboard below! 


Access quantilope's soda brand health tracker now!

Related Posts

Your Boss Asked For Category Insights To Be Ready Yesterday - Now What?
Read More
quantilope Launches a Modernized Brand Health Tracking Solution
Read More
A Refreshing Take on Soda Brand Health Tracking
Read More
What Are Traditional Omnibus Surveys? (+10 Reasons They're Not Effective)
Read More