Tuesday, November 12, 2013

Brand Awareness: Bulgari vs. Chopard

Our team has been conducted primary research by publishing a questionnaire on Facebook and interviewing people face-to-face in order to provide you more valuable information about Chopard’s and Bulgari’s brand awareness. With this survey we wanted to test if people see those brands as lovemarks, regular brands or just commodities.

Limitations of the survey were that due to the limited time, we could only ask a small number of people. In addition to that participants (70% women, 80% of them between 21 and 25) were not exactly in the age of the core target.

Keeping this in mind the following conclusions have been made out of the survey results:

Firstly we used the brand recall technique in order to find out how well the brand names are connected with their category. Therefore we asked consumers to write down the first five jewelry brands they think of.
The results were quite positive: Bulgari was mentioned in 67% of the cases and Chopard in 22%.

Secondly the recognition test was used for examining the memorability of the companies’ signature collections. Participants could choose several collections out of four options from four different companies.
In this case we found out that 22% had heard about Chopard’s happy diamonds collection and 19% had heard about Bulgari’s diva collection.
This is quite interesting as it indicates that people who mentioned Chopard in the first question recognize its signature collection whereas participants who recalled Bulgari don’t necessarily know the company’s signature collection.

Our third question was asked to find out the brand preference. We gave our partakers five brands from which they could chose one.

As we can see in the diagram, 11% would prefer Bulgari over the other four otions and no one would chose Chopard as their first choice. The “winner” in this category is Cartier with 62% followed by Tiffany with 23%.



Even though we know after this that our two brands might not be the first choice for most of the people when buying jewelry, we were curious to test if some people perceived them as lovemarks. Thus, we tested it based on Kevin Roberts questionnaire in his book “Lovemarks: the future beyond brands”.
Again the outcomes were interesting. Although no one preferred Chopard over the four other brands as a first choice, it was tested as being a lovemark for 8% of the interviewed people while Bulgari had this outcome only in 4% of the cases.
Anyway, this is a quite low result for both brands. Especially if we realize that both brands are even more perceived as a commodity than a brand according to this test.
In this case we have to be honest and come back to the fact that this test might not be 100% representative.

The final question within this survey was to relate Bulgari and Chopard with three words that come to participants’ minds.

The brand Bulgari is associated mainly with luxury, being expensive and colorful:


In the Chopard’s case most of the interviewed people don’t have any link to the brand. Others connect it with being expensive, luxury and watches (more than jewelry!):


To sum up this post, we can assume that Bulgari’s communication strategy works better to increase brand awareness. Hence, we want to give you an example of Bulgari’s current strategy: “Bulgari tries to rejuvenate consumer interest in its updated Omnia Crystalline fragrance through a dedicated microsite that hosts the advertising campaign and scent notes. This microsite focuses only on the latest of the Omnia fragrances, rather than the entire collection. By focusing on a specific product, consumers are able to have an in-depth experience with one facet of the collection rather than struggle to grasp information for multiple products.”[1]

We truly believe that this might increase the awareness and the relationship Bulgari has with its customers. To start with a microsite for the new scent is a good strategy as not everybody can afford Bulgari’s jewelry but perfume might be affordable for a number of consumers and could be an entry to Bulgari’s world.

In order for you to know about which perfume we are talking about we want to show you this concluding video:


AB, MK, TP, KV, SG

No comments:

Post a Comment