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School

University of the Cumberlands *

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BADM533M50

Subject

Marketing

Date

Apr 3, 2024

Type

docx

Pages

4

Uploaded by KidCoyote3960 on coursehero.com

Read, Reflection, and Graduate Response: 1. Read the methodology of Interbrand.com for brand valuations. How might you improve their methods and the sorts of measures they use to assess brand equity?  The whole technique employed by Interbrand for brand valuation is well thought out and analytical, and they make a significant effort to comprehend the brand impact that can motivate customers to interact with their offerings and benefit stakeholders by fostering the expansion of the brands. They are concentrating on building brand loyalty in order to increase brand value since they believe this will draw and keep customers while also assisting them in reducing financing costs. As a result, they consider three key factors when evaluating their brand value: brand strength, brand role, and financial forecasting. Financial forecasting, in my opinion, is a fantastic tool to gauge the worth of a business. Economic profit, which provides the financial returns after all operating profit taxes, is a brand profit. By using Role of Brand Index, which aids in quantifying the purchase decision attributing to the brand, Interbrand measures the role of the brand as well. Interbrand employs Brand Reputation as one of its approaches for brand valuations, which I believe becomes challenging to quantify because a brand's loyalty cannot be measured. Interbrand assesses ten brand attributes that are compared to those of their rivals, providing them with information about the brand's advantages and disadvantages. Although it's a terrific approach to understand the brand's position, I don't think it adds
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