Brand equity

brænd ˈɛkwɪti
English marketingbusinessbrandingeconomics

Definisjon

The value added to a product or service by having a well-known brand name, which can influence consumer behavior and loyalty.

Synonymer3

brand valuebrand worthbrand reputation

Antonymer2

brand liabilitybrand detriment

Eksempler på bruk1

1

Successful companies often leverage brand equity to enhance their market position; A strong brand equity can lead to higher sales and customer retention; Companies invest heavily in building brand equity to differentiate themselves from competitors.

Etymologi og opprinnelse

"Brand" derives from Old Norse "brandr" meaning "to burn," referring to the practice of marking livestock; "equity" comes from Latin "aequitas," meaning "fairness or equality."

Relasjonsmatrise

Utforsk forbindelser og sammenhenger

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Call-to-Action (CTA)

Brand equity enhances the effectiveness of a Call-to-Action (CTA) by increasing consumer trust and motivating them to engage, leveraging the perceived value of the brand to drive desired actions.

Utforsk relasjon

Digital Media

Brand equity in the realm of digital media signifies the value and strength of a brand's presence online, influencing consumer perception and engagement through targeted digital storytelling and marketing strategies.

Utforsk relasjon

Outbound marketing

Brand equity enhances the effectiveness of outbound marketing by providing a stronger perceived value, making consumers more receptive to promotional outreach.

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User interface design

Brand equity and user interface design are interconnected as a strong brand identity enhances user trust and engagement, making intuitive design essential for fostering customer loyalty and perceived value.

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Algoritme

Brand equity and algorithms intertwine in the digital age, as the effectiveness of algorithms in personalized marketing can significantly enhance a brand's perceived value in consumers' minds.

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json

Brand equity and JSON connect through the idea of building a strong identity—just as brand equity represents the value of a brand based on consumer perception, JSON (JavaScript Object Notation) structures data in a way that creates a clear identity for information,

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Target market

Brand equity and target market are interconnected because strong brand equity enhances a company's ability to effectively reach and resonate with its target market, fostering loyalty and driving sales.

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Outreach strategy

Brand equity and outreach strategy are intertwined as a strong brand equity enhances the effectiveness of an outreach strategy, allowing a company to connect with its audience more authentically and expand its influence in the marketplace.

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Digital Markedsføring

Brand equity thrives in the realm of digital marketing, as strong online presence and engagement directly amplify a brand's perceived value and consumer trust.

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Demand generation platform

Brand equity enhances the effectiveness of a demand generation platform by leveraging established customer perceptions and loyalty to drive engagement and conversions.

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