Brand Equity

Commentary
7:36 am
Wed March 20, 2013

Without Trust, Brands Lose Equity

Credit Riccardo Arata / fotolia.com

We spend our lives in a branded environment. We buy branded products and services. We work for companies that are trying to build their brands. Some of us work in a brand-building role.

At the very least, we spend our money with a keen awareness of brands.

Why? What is it about a brand that influences us so? What makes a brand worth billions? What makes one bar of soap worth twice as much as another?

The brand.

What is a brand, anyway? One word: trust. The definition of a brand is trust.

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