wsj. insights the power of the wall street journal · 05/ case studies 4 . wsj. insights the power...
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The Power of The Wall Street Journal WSJ. Insights
Most Trusted
#1 Paid
Leading Publisher of Financial & Business Content
Significantly Expanded Coverage of Culture, Travel, Luxury Living
Sources: Pew Research, AAM March 2014 Publishers Statement, vs. Bloomberg BusinessWeek, New York Times
Editorial.
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The Power of The Wall Street Journal WSJ. Insights
Audience.
Most Affluent
#1 Top Management, C-Suite
Influence $1 Trillion or $3 out of $5 Spent in Business Annually
Avid Consumers, Spend $235 Bn Annually
Source: Ipsos Affluent Study: Base: Total Adults HHI $100K+, Reach Vs. Competitive Set; Bloomberg Businessweek, Forbes, Fortune, Money NY Times, The Economist 2012-2013 Purchase Influence in American Business Study, Erdos & Morgan
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The Power of The Wall Street Journal WSJ. Insights The Power of The Wall Street JournalWSJ. Insights
Advertising in The Wall Street Journal
Works.
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The Power of The Wall Street Journal WSJ. Insights
Agenda.
01/ About BAV
02/ The Wall Street Journal–A Powerful Partner
03/ Effective Targeting with WSJ
04/ WSJ as a Competitive Advantage
05/ Case Studies
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The Power of The Wall Street Journal WSJ. Insights
Division of WPP
Longest Running Study of Brands
16K U.S. Consumer Panel
3,500 Brands
$180MM Invested
About BAV Consulting.
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The Power of The Wall Street Journal WSJ. Insights
Background.
BAV analyzed 74 WSJ advertisers along their brand measures among U.S. consumers 2009-2013 10 categories: Auto, Energy, Fashion, Financial, Insurance, Jewelry, Technology, Telecom, Travel, Watch Evaluated difference in brand perceptions among: • WSJ readers vs. Non-readers • WSJ readers vs. “Comparable” non-readers
[managers, business decision-makers] • WSJ advertisers vs. their Category
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The Power of The Wall Street Journal WSJ. Insights 7
AUTO FASHION TD Ameritrade Tiffany & Co. Verizon
Acura Gucci Vanguard TECHNOLOGY TRAVEL
BMW Hermes Wells Fargo Adobe Air France
Cadillac Louis Vuitton Franklin Amazon American Airlines
Ford Ralph Lauren Invesco Apple Delta
Honda FINANCIAL Visa Cisco Emirates
Jaguar Allianz INSURANCE Dell Hilton
Lexus American Express Aetna HP Hyatt
Lincoln Mercury Bank of America AFLAC IBM Marriott
Mercedes-Benz Barclay’s Allstate Microsoft Starwood
Porsche Charles Schwab John Hancock Oracle United
Toyota Citi Northwestern Samsung OTHER
ENERGY Fidelity JEWELRY/WATCH Symantec Fed Ex
BP iShares Breitling TELECOM GE Corp
ExxonMobil JP Morgan Chase Cartier AT&T KPMG
Shell Oppenheimer Harry Winston TMobile
State Street Global Tag Heuer Sprint
74 Measured Brands.
The Power of The Wall Street Journal WSJ. Insights
Topline.
The Wall Street Journal, a measurably powerful brand, creates an environment of trust and customer loyalty. Investing with The Wall Street Journal helps advertisers become more compelling brands and puts them on a growth trajectory. Advertising in print is more effective than digital in driving positive results. Advertising in the WSJ creates an advantage vs. competitors and helps advertisers forge deeper relationships with The Journal’s readers.
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The Power of The Wall Street Journal WSJ. Insights
Pillars of BAV® Brand Equity.
ENERGIZED DIFFERENTIATION
The brand’s point of difference.
ESTEEM How well regarded
the brand is. KNOWLEDGE An intimate
understanding of the brand.
RELEVANCE How appropriate the
brand is to you.
Brand STRENGTH (Energized Differen-a-on & Relevance) Brand STATURE (Esteem & Knowledge)
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The Power of The Wall Street Journal WSJ. Insights
BAV® PowerGrid–Brand Evolution.
BAV® Consulting: USA 2013 All Adults
0
50
100
50 100
Brand STRENGTH (Energized Differen-a-on & Relevance)
Brand STATURE (Esteem & Knowledge)
Niche/Unrealized Potential
New/Unfocused/ Unknown
ED R E K
ED R E K
Commodity/Eroded
ED R E K
ED R E K Leadership
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Brand Equity Among All BAV respondents
The Power of The Wall Street Journal WSJ. Insights
BAV® Consulting: USA 2013 All Adults
$-
$5,000
$10,000
$15,000
$20,000
$25,000
Dec '01 Jun '03 Dec '04 Jun '06 Dec '07 Jun '09 Dec '10 Jun '12
NASDAQ BAV Consulting's BEX Top 50 Weighted Index
BAV’s Brand Strength Fund nets $21,169 (+112%) vs. NASDAQ’s $13,357 (+33.6%) on $10,000 initial investment made 10 years ago
Max Value 100 Toys 80 Computer/Electronics 75 Nonprofit 75 TV/Movie/Radio 66 Food 66 QSR 59 Beverages - Non Alcoholic 59 Internet 58 Home & Garden 57 People 56 Appliances/Tools 55 Distribution/Retail 54 Corporations 54 Apparel & Accessories 53 Health and Beauty 50 Household Products 49 Government 45 Telecommunications 44 Geography 43 Auto 40 Pharmaceutical 40 Sports 34 Beverages - Alcoholic 33 Travel & Entertainment 30 Oil, Gas & Utilities 30 Print Media 29 Finance & Insurance 24
Average Brand Strength by Sector among General Population (Highlighted = Key WSJ advertiser category)
Brand Strength (Energized Differentiation & Relevance) Is a Key Predictor of Financial Performance For Brands.
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The Power of The Wall Street Journal WSJ. Insights The Power of The Wall Street JournalWSJ. Insights
The Wall Street Journal— A Powerful Partner.
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The Power of The Wall Street Journal WSJ. Insights
BAV® Consulting: USA 2012 & 2013, among WSJ Readers
The Wall Street Journal Brand Attributes. According to WSJ Readers, WSJ most powerfully owns [among media properties]:
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The Power of The Wall Street Journal WSJ. Insights
BAV® Consulting: USA 2012 to 2014 Q1 among WSJ Readers and Non-Readers
WSJ Readers vs. Non-Readers
Brand Qualities WSJ Readers, Associate with WSJ Advertisers.
0 5 10 15 20 25
Upper Class
High Quality
Fun
High Performance
Stylish
Prestigious
Intelligent
Leader
Original
Progressive
Trustworthy
Socially Responsible
Visionary
Up To Date
Reliable
Social
Best Brand
Cares for Customers
Traditional
Worth More
Independent
Innovative
Energetic
Authentic
Among WSJ Readers, WSJ Advertisers are seen as more… Authentic Energetic
Innovative Independent Worth More
Traditional Cares for Customers
Best Brand Social
Reliable Up To Date
Visionary Socially Responsible
Trustworthy Progressive
Original Leader
Intelligent Prestigious
Stylish High Performance
Fun High Quality Upper Class
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The Power of The Wall Street Journal WSJ. Insights
0
50
100
50 100
Brand STRENGTH (Energized Differen-a-on & Relevance)
Brand STATURE (Esteem & Knowledge)
To Our Readers, WSJ Is On Par With The Super Bowl & GE.
Brand Equity Among WSJ Readers
BAV® Consulting: USA 2012 & 2013, among WSJ Readers
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The Power of The Wall Street Journal WSJ. Insights
0
100
50 100
Brand STATURE
Advertising in WSJ drives Brand Stature & Brand Strength. Forging bonds in a powerful, resonant environment, with a powerful influential audience.
Average WSJ Advertiser Brand Equity Among WSJ Readers , Non-Readers and “Comparable” Non-Readers
Bran
d STRE
NGTH
BAV® Consulting: USA 2012 & 2013 among WSJ Readers and Comparable Non-Readers
WSJ Readers
“Comparable” Non-Readers Comparable Non-Readers:
Managers or above who have decision-making power in their role but
don’t read the WSJ
All Non-Readers
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The Power of The Wall Street Journal WSJ. Insights
WSJ Advertisers Are Much More Compelling To WSJ Readers.
BAV® Consulting: USA 2012 and 2013 among WSJ Readers, Non-Readers, and Comparable Non-Readers
Specifically strong lift in Energized Differentiation % lift of Brand Equity of 74 measured WSJ Advertisers: WSJ Readers vs. “Comparable” Non-Readers
% L
ift
69%
37% 33%
10%
0%
10%
20%
30%
40%
50%
60%
70%
Energized Differentiation Relevance Esteem Knowledge
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Brand STRENGTH Brand STATURE
The Power of The Wall Street Journal WSJ. Insights
Driving Consideration and Usage Among WSJ Readers.
BAV® Consulting: USA 2012 to 2014 Q1 among WSJ Readers, Non-Readers, and Target Non-Readers
Preference of Advertisers % Lift Among WSJ Readers
vs. “Comparable” Non-Readers
Usage of Advertisers % Lift Among WSJ Readers
vs. “Comparable” Non-Readers
36% 35%
0%
10%
20%
30%
40%
50%
60%
70%
Total Consideration Prefer Advertiser
35% 39%
Total User of Advertiser Use Advertiser Regularly
% L
ift
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The Power of The Wall Street Journal WSJ. Insights
0
100
50 100
Brand STATURE
Average WSJ Advertiser Brand Equity Among WSJ Readers vs. “Comparable” Non-Readers by Category
Bran
d STRE
NGTH
BAV® Consulting: USA 2012 & 2013 among WSJ Readers and Comparable Non-Readers
Auto Energy
Fashion
Tech Watch Jewelry
Financial
Insurance
Telecom
Travel
Pronounced Outcomes in Every Category.
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Energy
Fashion
Tech
Watch Jewelry
Financial
Insurance
Telecom
Travel
Auto
WSJ Readers
“Comparable” Non-readers
The Power of The Wall Street Journal WSJ. Insights The Power of The Wall Street JournalWSJ. Insights
Effective Targeting With WSJ.
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The Power of The Wall Street Journal WSJ. Insights
BAV® Consulting: USA 2009 to 2014Q1 among WSJ Readers and Non-Readers; only advertisers who have run every year included
Advertiser Brand Equity Percentage Difference Among WSJ Readers vs. “Comparable” Non-Readers
Gap between WSJ Readers and Non-Readers Continues to Grow–Particularly Brand Strength.
50%
61% 61% 65%
81%
19% 21% 21% 22% 26%
0%
25%
50%
75%
100%
2009 2010 2011 2012 2013
Brand Strength Brand Stature
Perc
ent D
iffer
ence
+62% in 5 years
+37% in 5 years
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The Power of The Wall Street Journal WSJ. Insights
While Both Work, Print is Most Effective in Driving Brand Strength.
BAV® Consulting: USA 2012 to 2013 among WSJ Readers; Top spenders = top third percentile in average quarterly spend
% Lift of Brand Equity among WSJ Readers vs. “Comparable” Non-Readers
93%
20%
63%
18%
0%
25%
50%
75%
100%
% L
ift
Top Print Spenders
Top Digital Spenders
Top Digital Spenders
Top Print Spenders
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Brand STRENGTH Brand STATURE
The Power of The Wall Street Journal WSJ. Insights The Power of The Wall Street JournalWSJ. Insights
WSJ as a Competitive Advantage.
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The Power of The Wall Street Journal WSJ. Insights
WSJ–The Most Powerful Brand Among Business Decision-Makers. Brand Equity of Publications Among All Business Decision Makers (regardless of Readership)
BAV® Consulting: USA 2013 All Adults
Brand STRENGTH
Brand STATURE 0
100
100
Bloomberg Businessweek
The New York Times
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The Power of The Wall Street Journal WSJ. Insights
% Lift of Advertisers in Common among WSJ Readers vs. NY Times Readers & Bloomberg Businessweek Readers
BAV® Consulting: USA 2012 & 2013, among WSJ Readers, Bloomberg Readers, & NYT Readers
Advertisers Get a Stronger Lift from WSJ.
85%
28%
75%
21%
0%
50%
100%
% L
ift
WSJ vs. The New York Times
WSJ vs. The New York Times
WSJ vs. Bloomberg Businessweek
WSJ vs. Bloomberg Businessweek
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Brand STRENGTH Brand STATURE