I am trying to find a formula for determining the ROI on brand awareness using Calculated Intangible Values. I think I remember a formula where you take 3 years of pretax earnings for a company, subtract 3 years of the industry average return on assets and subtract the company's tangible assets.
Which sounds like a lot or work.
I know I can work through an ROI based on cost per impression and retention of that impression. Which leads me to the effectiveness of something like a lip balm used as a promotional product. The PPAI tells us that recipients of a promo product giveaway - 84% will remember the gift and 62% will have done or will do business with the promo product giver. Then take a peek at the cost per impression, say about .004 per impression and you have a pretty impressive ROI for promotional products!
Buy more lip balm, lotion, face paint, sanitizer and sun products!
The recent ppai show was great. Attendance seemed to be down a little but the ASI Orlando show should be up!
The Pied Piper
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