The brand audit cycle The brand audit cycle comprises 6 key phases. | ||

Visual assessment
Review of all key brand carriers in relation to the guidelines
Appraisal of overall visual impression of branded collateral or sample sites/locations
Investigation into possible infringement, abuse or counterfeiting
Research into brand perception of internal brand managers and external audiences
Legal compliance
Review of terms and conditions of the licencing or franchising agreements or use if informally sanctioned or used internally
Assessment of compliance of the terms and conditions including royalties paid and brand investment (advertising, awareness)
Impact report of brand audit on arms length royalty payable
Measurement
Brand Compliance Index
% score in relation to key compliance criteria
Impact on brand value (BrandBeta®)
Actions
Report on visual impression
Assessment of brand management practices and support processes
Recommendations for remedial actions (to actual brand carriers) to meet compliance criteria
Recommendations for improvements to visual and commercial brand management practices
Discovery
Determine what legal properties make up the brand portfolio
Find out about the current guidelines and rules for use
Understand the central approach to management and support
Commercial analysis
Cost / Benefit analysis of:
Bringing visual impression up to standard
Maintaining certain trademarks
Assessment of value at risk in the business