Method and system for determining and monitoring brand performance based on paid expenditures
Abstract:
An interactive algorithm and sequential methodology dynamically that pulls numerous organic data sets from online social, search, sentiment and paid media sources against a weighted formulation to determine with statistical significance a brand's market performance and characterization defined as a “Brand Attraction Score” in real time against key competitors. Consumer and media behaviors are measured using billions of data signals from multiple API sources distributed downstream through a series of influence (I) and exposure (E) weighted formulations to a master algorithm to determine the net performance and attraction scores and ranking. These statistical sets are then conformed into a series of scores and rankings in a predetermined competitive set in an Exposure to Attraction coordinate system, thereby allowing a Brand to easily visualize their comparative Attraction among their competitor brands.
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