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Brand Value

Marketing & Web Brand SwitchingBranding

Brand Values The code by which the brand lives. The brand values act as a benchmark to measure behaviors and performance.
Brand Personality The brand's personality traits (See also definition for Brand Personality).

 


The brand value reflects how a product's name, or company name, is perceived by the marketplace, whether that is a target audience for a product or the marketplace in general (clearly these can have different meanings and therefore different values).

A product or service that has a persona and brand values that separate it from the parent brand. A product or service that has its own brand identity, which is proprietary and can be trademarked.
Symbol ...

Developing a brand's image and standing with a view to creating long term benefits for brand awareness and brand value.
[usage] Brand building strengthens an existing (or new) product/corporate identity.

A school of advertising that says, "If the consumer has heard of us, we've done our job." Fortunately for agencies, brand value is extremely difficult to measure, so branding campaigns can be easily defended with grandiose predictions of future glory.

This may be the case, for example, when a firm receives a large amount of favorable publicity for its contributions, resulting in customer goodwill and an enhanced brand value.

When a company manages its brands it has a number of strategies it can use to further increase its brand value. These are: ...

Reward our best distributors, and develop as the bases for long-terms relationships.
Develop and enhance products that are highly profitable.
Let's continue to sponsor top skiers that enhance our brand values.

See also: Value, Brand, Product, Market, Strategy

Marketing & Web Brand SwitchingBranding

 
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