JUDGING CRITERIA FOR SPBA - REGIONAL BRANDS
The participating Brand is required to make an online submission in accordance with the judging criteria stated below. Evaluation of the Brand will be based on the following:
COMPONENT | WEIGHTAGE (%) | |
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1. Regional and international presence | 30 | |
2. Brand identity | 20 | |
3. Brand strategic blueprint | 20 | |
4. Brand development and performance | 30 | |
TOTAL WEIGHTAGE | 100 |
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1. |
Regional and International Presence (Total: 30 Points) Note: ** “Foreign market” is defined as “a country OR a city with population exceeding 5 million”. |
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i) |
Market Penetration - List the extent of presence the Brand has in each market. |
Physical Presence – Direct Sales | • Retail Outlets / Showrooms • Subsidiary Offices / Representative Offices • Factories / Production Plants / Manufacturing Plants / Franchisee |
Distributorship / Representative | • Letter of Appointment of Representative in country • Letter of Appointment as Official Distributor |
International Certifications, Accreditations & Awards | • Name of Certificates / Awards (e.g. Leadership in Energy and Environmental Design (LEED) certification, United States Green Building Council 2011; Certificate of ISO 9001: 2008) |
Patents / Trademarks & Areas filled | • Provide information on patents and / or trademarks (number, name, territory) |
Internet | • Actual Sales generated • Market presence over the Internet, Domain Names |
Others | • List of Brands / Companies overseas • Registration of Company overseas |
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ii) |
Internationalisation Efforts - Describe the extent of internationalisation efforts and the proliferation of the Brand in various foreign markets throughout the years. |
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iii) |
Foreign Presence Achievement - State and elaborate on the achievement of the Brand’s foreign presence. |
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2. |
Brand Identity (Total: 20 points) |
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i) |
Brand Logo - State the significance of the Brand logo and what it conveys. |
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Brand Applications - How is the Brand represented in its marketing communications (advertising & promotion, collaterals, digital applications on web and mobile) and customer touchpoints (product packaging and retail presence)? |
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iii) |
Brand Documentation - State and explain the documentation of the overall Brand identity. |
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3. |
Brand Strategic Blueprint (Total: 20 points) |
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i) |
Brand Ideology - State and explain the ideology behind the Brand. |
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ii) |
Brand Vision and Mission - State the Brand vision and mission. |
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iii) |
Brand Promise - What is the Brand promise and how is it being fulfilled? |
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4. |
Brand Development and Performance (Total: 30 Points) |
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i) |
Digitalisation - What digital strategies have been implemented; how do these strategies enhance the Brand building efforts and help achieve the desired Brand experience. Please indicate the measures or systems in place for evaluating the effectiveness of these digital efforts (Return on Investments). |
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ii) |
Brand Innovation and Brand Development - Does the Brand embrace innovation as a key business strategy? State and elaborate how innovation drives your business growth and performance such as new growth opportunities (new customer segments, new market, new channels, etc.) Has there been any product and/or service development programme implemented in the organisation? If yes, please elaborate. |
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iii) |
Brand Performance - What was the revenue growth of the Brand for the past 3 years (2021 - 2023)? |
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iv) |
Brand Loyalty - Describe the relationship between the Brand’s performance and customer loyalty over the past 3 years (2021 - 2023). |
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5. |
Data Protection Trustmark (DPTM) Certification *A bonus of 5 points will be awarded to Brands whose companies are DPTM-certified. Simply upload a copy of the DPTM certificate. For more information on DPTM, please visit www.imda.gov.sg/dptm. |
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