The
Brand Asset Valuator of advertising agency Young & Rubicam measures
brand value by applying four broad factors.
four factors for determining brand value
- Differentiation. Differentiation is the ability for a brand to
be distinguished from its competitors. A brand should be as unique as possible.
Brand health is built, and maintained, by offering a set of differentiating
promises to consumers. And by delivering those promises to leverage value.
- Relevance. Relevance is the actual and perceived importance of
the brand to a large consumer market segment. This gauges the personal appropriateness
of a brand to consumers and is strongly tied to household penetration (the
percentage of households that purchase the brand).
- Esteem. Esteem is the perceived quality and consumer perceptions
about the growing or declining popularity of a brand. Does the brand keep
its promises? The consumer's response to a marketer's brand-building activity
is driven by his perception of two factors: quality and popularity. Both
vary by country and culture.
- Knowledge. Knowledge is the extent of the consumer's awareness
of the brand and understanding of its identity. The awareness levels
about the brand, and what it means, shows the intimacy that consumers share
with the brand. True knowledge of the brand comes through building of the
brand.
Differentiation and Relevance taken together say a lot about its growth
potential ("Brand Vitality"), while Esteem and Knowledge determine the current
power of a brand ("Brand Stature").
Brand Asset Valuator Survey
A Survey, based on the Brand Asset Valuator, is conducted annually containing
data about 20.000 brands. It is based on the opinion of over 230.000 respondents
in 44 countries.
Book: Inside the
Minds: Leading Advertisers
Forum discussions about Brand Valuation.
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Brand Asset Valuator Strategies
By analyzing the scores of the Brand Asset Valuator variables (differentiation, relevance & knowledge, esteem) a brand manager can easily make strategies to turn the performance of brands in the right...
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How to Deal with Brand Neophobia?
Daniel Goldstein of London Business School says in HBR 03-2007 that research shows that customers may prefer a recognized brand even when it has clear shortcomings - even if it's dangerous.
He calls ...
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Advanced insights about Brand Valuation. Here you will find professional advices by experts.
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Pitfalls of International / Global Brands Brand Portfolio Management, Brand Valuation Consistent with current trends in globalization, international firms have concentrated their efforts on the development ...
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Global Branding Best Practices Global Branding, Brand Valuation In order to increase brand value, multinational organizations should focus on global branding programs, as these program...
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What are Attributes of Strong Brands? Brand Management, Brand Valuation In the article “The Brand Report Card” (Harvard Business Review, January 2000), Kevin Lane Keller argues that the world’...
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Where to Focus on in your Branding? Best Practices, Brand Management, Brand Valuation Nowadays, many brands mean little to consumers, as most competing brands are essentially the same for them. As a result,...
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Generic Traits of a Good Brand Brand Management, Checklist A good brand displays nine traits:
1. It drives shareholder value.
2. Top executives support the branding effort, mark...
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The 5th Factor in Y & R Brand Asset Valuator Branding, Brand Valuation, Brand Management The initial Brand Asset Valuator framework is based on 4 factors that determine the value of a brand and is a static mod...
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How to Divest 2nd Tier CPG Brands? Brand Portfolio Management, Freeing up Resources for Main Brands, Brand Valuation On top of the value of each individual brand comes the value of brands combined whith eachother. Bahadur, Landry and Tre...
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How to Assess the Remaining Potential and Vitality of an Old Brand? Branding, Valuation BAH consultants Nikhil Bahadur and John Julliens have developed a tool to assess the remaining potential and vitality of...
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Main Factors to Determine the Strength of a Brand Brand Valuation Sometimes its useful to look at things from a higher level of aggregation. Rishi Dhir, senior consultant, says there are...
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Generic Implementation Steps of a Global Brand Global Brand Development, Best Practices Firms that want to build global brands should take following 10 steps:
1. Involve the CEO and board to provide top-down...
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Three Dimensions in How Global Brands are Evaluated by Consumers Global Branding, Corporate Reputation, CSR, Globalization Holt et al. (2004) researched how people evaluate and value global brands. They found out that 3 main characteristics ar...
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