- Millward Brown
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Millward Brown Industry Market Research Headquarters New York Key people Eileen Campbell (CEO of Millward Brown) Products Market Research Parent WPP plc Subsidiaries Firefly Millward Brown
Dynamic Logic
BPRI
Millward Brown OptimorWebsite www.millwardbrown.com Millward Brown[1] is a global company focused on brands, media and communications. It is part of Kantar Group, the insights arm of WPP plc, and the world’s second largest market research organization after Nielsen Company[2].
Contents
Leadership
Eileen Campbell is the global CEO of Millward Brown. Campbell became CEO in 2007[3] and regularly speaks at marketing conferences.[4]
Company History
Founders
Gordon Brown and Maurice Millward founded Millward Brown in 1973 in England having both worked as researchers at General Foods. The business was set up above a row of estate agents in Royal Leamington Spa, a town in the Midlands (England). The aim of the business was to provide clients with information that allowed them to make correct marketing and management decisions.[5] Previous Millward Brown CEOs include Bob Meyers[6] who held the position from 1997-2007.
Mergers and Acquisitions
From 1980, Millward Brown rolled out continuous tracking studies in Many countries but managed them from the UK. Until 1986 Millward Brown only had offices in the UK until it acquired U.S. research agency, Ad Factors. Bob Meyers, executive vice president of Ad Factors became CEO of the new company re-named Ad Factors/Millward Brown.[7]
Millward Brown became a global company in 1987 with moves into Europe led by Tony Copeland. In 1989, Millward Brown was bought by global communications services company WPP plc[8], headed up by CEO Martin Sorrell. Maurice Millward retired in 1992 and Gordon Brown retired in 1994.
Innovation
Dynamic Tracking
In 1976, Maurice Millward and Gordon Brown set up their first continuous tracking study, now named Dynamic Tracking, for Cadbury Schweppes with the objective to explore the issue of ad wear-out over time.[9] Dynamic Tracking provides a complete 360° view of brand health and a continuous flow of knowledge about what is working for a brand and what could be working better. The approach now used for continuous tracking is almost universally based on that introduced by Millward Brown.[10]
In 1985, Gordon Brown published “Tracking Studies and sales effect. A UK Perspective.” [11] In 1986, Gordon Brown introduced the Awareness Index in his paper, “Modelling Advertising Awareness.”[12] The Awareness Index (AI)[13] is now a widely used metric for aiding the assessment of advertising.[14] In 1987, Gordon published another paper “The Link Between Sales Effects and advertising content.”[15] Another paper followed in 1991, “How Advertising Affects the Sales of Packaged Goods Brands,” known internally as “The Black Book.”[16]
Link
Gordon Brown and Nigel Hollis developed the Link pre-test in 1988. Link uses a comprehensive set of evaluative and diagnostic questions to predict the impact of an ad, in terms of both the attention it will generate and the sales that will result. It identifies areas that could be further developed or fine-tuned. With over 70,000 ads tested, the Millward Brown Link database provides a wealth of data for category and country comparisons. In 2008, Millward Brown conducted its 50,000th Link ad pre-test.[17].
Link360 launched in 2007 which enabled multimedia campaigns to be pre-tested.[18] Millward Brown launched online ad assessment facility, Digital Link, in 2006.[19]
Brand Dynamics
Millward Brown launched Brand Dynamics in 1996. Brand Dynamics is used to look at a brand’s health. Millward Brown created the brand dynamics pyramid[20] as an instrument to diagnose the factors underpinning customer loyalty to a brand.[21]
Neuroscience
Millward Brown has been at the forefront of thinking about the emerging area of neuroscience[22] and its application to advertising research, and launched[23] the Neuroscience Practice in 2010. Headed up by Graham Page[24], the team has four regional leads in AMAP, LatAm, Europe and North America.[25]
Key Research
BrandZ
Millward Brown manages the annual BrandZ Top 100 Most Valuable Global Brands ranking.[26] The study is conducted by Millward Brown Optimor to determine the financial value of consumer-facing brands and announced Apple as the most valuable global brand in 2011.[27] It is the only brand ranking to combine consumer measures of brand equity - from the Brand Dynamics studies in Millward Brown’s BrandZ database - with financial data.[28]
Apple was named as the world's most valuable brand in the BrandZ 2011 ranking.
In November 2010, Millward Brown launched its first ever BrandZ Top 50 most Valuable Chinese Brands ranking.[29]
Value-D
In February 2011, Millward Brown launched the findings of its Value-D study, which looked at brand value and desire.[30]
Language of Love
In 2010, Firefly Millward Brown announced the findings of its Language of Love in Social Media study[31], which recommends successful strategies within the social media space.
Value of a Fan
In 2011, Millward Brown launched the Value of a Fan[32] study in collaboration with the World Federation of Advertisers (WFA). The study was conducted with WFA members and looked at what contributes to a successful brand fan page.
Specialist Practices
BPRI
Millward Brown Optimor
Dynamic Logic
Firefly Millward Brown
Neuroscience Practice
Books
The Global Brand[33] published in 2008 and written by Millward Brown's chief global analyst, Nigel Hollis[34] Nigel Hollis expresses his thoughts and opinions on brands and marketing at his blog, Straight Talk with Nigel Hollis.[35]
Brand Sense[36] by Martin Lindstrom
Advertised Mind[37] by Erik Du Plessis
IPA booklet[38] - Driving Top Line Growth, by Dominic Twose
The Branded Mind[39] by Erik Du Plessis
Marketing to the New Majority[40] by David Burgos and Ola Mobolade
Awards
Millward Brown sponsored the U.S.[41] and Australian Effie Awards in 2009.[42]
Key People
Eileen Campbell – Global CEO
Dr Fabian Hernandez - CEO Latin America
Mary Ann Packo - CEO North America
Travyn Rhall - CEO Africa, Middle East, Asia, and Pacific
Tim Wragg - CEO Europe
Gordon Pincott – Chairman, Global Solutions
Nigel Hollis - Chief Global Analyst
Ron Markham, CIO
Dave Sandberg - Global CFO
Susan Steele - Global Chief Human Resources Officer
Sue Elms - EVP Global Brands
Duncan Southgate - Global Brand Director, Digital
Rob Hernandez - Global Brand Director, Firefly
John Svendsen - Global Brand Director, Media
Darren Poole - Global Brand Director, Link
Patty Currie - Global Brand Director, Tracking
References
- ^ Bloomberg "Millward Brown Group", "Bloomberg Business Week", accessed 10 September 2010.
- ^ Salama, Eric. "Honomichl Global Top 25 2010", "Marketing Power", accessed 20 April 2011.
- ^ "Millward Brown Strengthens Global Team" "Daily Research News", 4 May 2005, accessed 9 September 2010.
- ^ Campbell, Eileen."What does creativity in communications actually achieve?" "Cannes Lions Advertising Festival 2009", accessed 9 September 2010.
- ^ Twose, Dominic. “From Leamington Spa to Beijing”. The Global Brand, 2008, p.225.
- ^ AUTHOR."Meyers resigns after 10 years as Millward Brown chief executive" "Research Live", 7 April 2007, accessed 10 September 2010.
- ^ Twose, Dominic. "From Leamington Spa to Beijing”, The Global Brand, 2008, p.227.
- ^ "Group History" "WPP", accessed 19 April 2011.
- ^ Twose, Dominic."From Leamington Spa to Beijing”, The Global Brand, 2008, p.225-226.
- ^ Heath, Robert."Can Tracking Studies Tell Lies?""International Journal of Advertising, 1999."
- ^ Brown G. “Tracking Studies and sales effect: A UK perspective”, Journal of Advertising Research, 1985, Feb.
- ^ Brown, G “Modelling advertising awareness”, The Statistician, 1986.
- ^ Feldwick, Paul., Cook, Louise., & Carter, Sarah."How Useful is the Awareness Index?" "AdMap", March 1991.
- ^ Goode, Alistair."The role of ad memory in ad persuasion – rethinking the hidden persuaders" "International Journal of Market Research", Vol. 49, No. 1, 2007, p.1.
- ^ Brown, Gordon."The link between sales effects and advertising content" "AdMap", April 1987.
- ^ Brown, Gordon.“How Advertising Affects the Sales of Packaged Goods Brands”, 1991.
- ^ Marketing Week editorial team. "Millward Brown completes 50,000th Link ad pre-test" "Marketing Services Talk", 3 March 2008, accessed on line 9 September 2010.
- ^ Marketing Week editorial team. "Link gives advertisers total view of campaigns" "Marketing Services Talk", 31 August 2007, accessed on line 10 September 2010.
- ^ Donohue, Alex."Millward Brown and Dynamic Logic Unveil Online Ad Test" "Brand Republic", 31 July 2006, accessed on line 10 September 2010.
- ^ Hollis, Nigel."Understanding, measuring, and using brand equity" "Journal of Advertising Research", Vol. 36, No. 6, 1996.
- ^ Millward Brown."Brand Dynamics Pyramid""Brand Management Models", 2006.
- ^ White, Dan."Think Eyetracking & Millward Brown Insight 2009""Insight 2009", 2009, accessed on line 10 September 2010.
- ^ AdWeek."Millward Brown launches neuroscience practice" "Ad Week", April 2010, accessed 20 April 2011.
- ^ Research Live."Millward Brown innovations chief to lead neuroscience division" "Research-Live", March 2010, accessed 20 April 2011.
- ^ Research Live."Millward Brown adds brains to neuroscience practice" "Research-Live", July 2010, accessed 20 April 2011.
- ^ Ritson, Mark."The most valuable brands in the world" "Marketing Week", 11 May 2011, accessed 12 May 2011.
- ^ Ritson, Mark."The most valuable brands in the world" "Marketing Week", 11 May 2011, accessed 12 May 2011.
- ^ Ritson, Mark."Global brand values in the hot seat" "The Age", 23 May 2006, accessed on line 10 September 2010.
- ^ Asia Media Journal."Millward Brown names China’s top Chinese brands" "Asia Media Journal", December 2010, accessed 20 April 2011.
- ^ MNI-Live."Amazon Top Value-D Brand in the World" "Media News International", March 2011.
- ^ Media Post."Put a face on those social sites" "Media Post", November 2010, accessed 20 April 2011.
- ^ FT."The fickle value of friendship" "Financial Times", March 2011, accessed 20 April 2011.
- ^ Hollis, Nigel."The Global Brand" "The Global Brand Website", 2008, accessed on line 10 September 2010.
- ^ Pfanner, Eric."The Myth of the Global Brand" "New York Times", 11 January 2009, accessed on line 9 September 2010.
- ^ "Straight Talk with Nigel Hollis"
- ^ Lindstrom, Martin."Brand Sense""The Brand Sense Web site", 2005, accessed on line 10 September 2010.
- ^ Plessis, Erik Du."The Advertised Mind" "The Advertised Mind", 2005, accessed on line 10 September 2010.
- ^ Twose, Dominic."Driving Top Line Growth" "Institute of Practitioners in Advertising" 15 November 2005, accessed 9 September 2010.
- ^ Plessis, Erik Du.The Branded Mind" "Kogan Page" accessed 20 April 2011.
- ^ Burgos, David and Mobolade, Ola."Marketing to the New Majority" accessed 08 November 2011.
- ^ Effie Worldwide."U.S. Effie Awards 2009" "Effie Worldwide", 2009, accessed 14 September 2010.
- ^ The Communications Counci."Australian Effie Awards 2009" "The Communications Council", 2009, accessed 14 September 2010.
External links
Categories:- Companies established in 1973
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