What is Brand? A brand is a promise of trust; it delivers a pledge of satisfaction and quality.
Or
A brand is a collection of perception in the
mind of customer. A brand is intangible. We know a brand through the impression it makes on us and others. A strong brand can help protect the business from risk, and position it for future growth. Importance of a Brand to a Company 1. Brands are among a company’s most valuable assets.
2. Strong brands have the power to create
real and sustainable competitive advantage. 3. Brands drive revenue growth by ensuring higher demand and market share.
4. Brands help to improve margins by
commanding premium prices and better supplier terms. 5. Strong brands create differentiation that allows companies to overcome commoditization and reduce overall business risk. Top 25 brands in the world Rank Brand Country Sector Brand % brand 2009 of value value origin ($m) change 1 Google United Internet 100,039 16% states services 2 Microsoft United Computer 76,249 8% states software 3 Coca- United beverages 67,625 16% cola states 4 IBM United Computer 66,622 20% states services 5 McDonald’s United restaurants 66,575 34% states 6 Apple United Computer 63,113 14% states hardware 7 China Mobile China Consumer 61,283 7% electronics 8 GE United diversified 59,793 -16% states 9 Vodafone United telecom 53,727 45% states 10 Marlboro United tobacco 49,460 33% states 11 Wal-Mart United Retail industry 41,083 19% states 12 ICBC 38,056 36% 13 NOKIA Finland Consumer 35,163 -20% electronics
14 TOYOTA Japan automotive 29,907 -15%
15 UPS United transportation 27,842 -9%
states
16 Blackberry Canada Consumer 27,478 100%
electronics 17 hp United Computer 26,745 -9% states hardware 18 BMW Germany automotive 23,948 -15%
19 SAP Germany Computer 23,615 9%
software 20 Disney United media 23,110 -3% states 21 TESCO 22,938 -1% 22 Gillette United Personal 22,919 6% states care
23 Intel United Computer 22,851 4%
states hardware
24 China china Financial 22,811 16%
construction services bank 25 ORACLE United Computer 21,438 -6% states software Conclusion In a year of global economic turmoil, when every key financial indicator plummeted, the value of the top 100 brands increased by 2% to $2 trillion. This result affirms the resiliency of brands. Even when money is tight, people are still willing to pay for things that they perceive to be of value. Thank you