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| #Post#: 34-------------------------------------------------- | |
| News portals and blog platforms | |
| By: Rasel Rasel Date: September 9, 2023, 6:22 am | |
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| Contrary to this your actions are directly reflected in sales | |
| and financial results. If you are curious about generating | |
| greater value for the brand and its solutions read on. In this | |
| article we will explain what brand equity is its importance for | |
| brands and how to use it in digital marketing. So let's get down | |
| to business! What is brand equity. Brand equity is the end | |
| result of branding. In other words it refers to the value added | |
| to a product or service thanks to the strength that the brand | |
| has gained in the market. Obviously this added value has the | |
| objective of acting on the consumer's perception and behavior | |
| regarding the brand how he feels and acts in relation to it. | |
| This influences the purchase decision and consequently the | |
| profitability of the business. | |
| Like several other expressions used in the marketing universe | |
| brand equity is an English term and in free translation means | |
| something like �brand equity�. What is brand. Have you ever | |
| noticed how an identical product can have different perceptions | |
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| on the part of consumers. This happens | |
| as the brand establishes itself in the market. The recognition | |
| it acquires comes mainly from the consumer's experience with | |
| your product or service. First of all to talk about brand equity | |
| it is necessary to understand the concept of brand well. It's | |
| normal for us to associate the brand with the company's name | |
| which isn't wrong but the concept of a brand goes far beyond | |
| that. | |
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| As we just remembered it involves the consumer's experience and | |
| how they assimilate the values ​​that the brand | |
| passes on to them. In other words brand representation takes | |
| into account all the elements that involve your business and are | |
| in contact with the consumer whether tangible or intangible | |
| depending on the segment. This perception that the consumer | |
| creates directly contributes to the identification of the | |
| company. Therefore a brand that has a positive image is more | |
| likely to gain preference at the time of the customer's purchase | |
| decision. | |
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