The Importance of Consistency in Building Brand Equity

Brand equity is the overall value of your brand. As you can imagine, some of the largest companies in the world have extremely high brand equity. According to a study by Kantar, Apple has the highest brand value in the world at $947 million. Google, Amazon, Microsoft, and a Chinese company called Tencent all round out the top five. A valuable and powerful brand can translate into real revenue and bottom-line success.

Brand equity isn’t just for mega-corporations. Brand equity can be a powerful asset for any business, regardless of size, location, or market. Nike’s iconic swoosh and “Just Do It” tagline translate into billions of dollars a year in revenue. However, strong brand equity can also be valuable for your locally-owned business.

Read More Stories: