According to BrandZ, "Brand value is the financial value of a brand
defined as the sum of all earnings that a brand is expected to
generate."
BrandZ collects data annually from consumers, with each person asked to
evaluate brands in a competitive context from a category they shop in.
This yields opinions from people who know the category and therefore can
judge a brand based on the attributes that are important to them.
Sectors covered include: consumer packaged goods (FMCG),
retail/e-commerce, long purchase cycle brands, service, and corporate.
Using this data, BrandZ attempts to compute numbers which quantify the
degree of consumer loyalty to each brand, and the brands' growth
potentials.
The credibility of the Interbrand and BrandZ league tables have been cast into doubt by an article written in Marketing Week by Mark Ritson .
The lack of clear definitions and valuation dates in the both companies
methodology raise questions about the subjectivity involved in brand
valuations. Being part of multinational advertising groups, Interbrand
and Millward Brown also suffer from the risk of objectivity. Transparency and objectivity are two of the requirements of the ISO 10668 standard of monetary brand valuations.
#from http://en.wikipedia.org
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