Performance Based Marketing (Brand Performance)
In addition to the marketing mix elements, many of a
firm's overall strategic activities are priorities of brand performance (
There is no commonly accepted common brand performance
definition and scale in the marketing literature, but brand performance is
often seen as an important result of the firm's activities and overall
strategy. The concept of brand performance expresses the brand strength of a
company in the market and according to many studies, it consists of concepts
such as market share, growth rate, profitability and similar (
Brand performance is closely related to how successful
the brand is in the market and it means measuring the strategic achievements of
the brand. Consequently, economic criteria are not suitable for measuring this
structure. However, brand awareness, brand reputation and brand loyalty are
important factors recommended to measure brand performance (
According to Keller & Lehman (2003), if a brand
has a relative advantage in the customer's mind, the market share of this brand
will increase or at least not decrease. The market share or sales figures will
be significantly affected by the coverage area of the distribution network. If
the market share of a brand is decreasing or there is an expansion in a region,
sales figures will of course be affected by these changes. Price flexibility,
price premium, brand market share, cost structure, profitability and category
success are the main criteria for measuring brand performance (