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Branding Highlights

  • Strong Brand Name - How to Choose Manufacturers make products; consumers buy brands. Pharmaceutical laboratories produce chemical compounds, but doctors prescribe brands. In an economic...
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Branding

Price Premium Method for Evaluating Brand Equity

This is done by comparing the difference between the retail price of the “brand” and the retail price of an unbranded product in the same category. Here again the difference will give an indication of brand equity. This measure will also give us an indication of “Brand strength'' only. That is, higher the retailer premium that a brand can charge, greater is its equity in the minds of the customer.

 

   

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