How Do Brands Create Value ?
Brand value is a cumulative result of sales volume, equity, audience size, and the brandʼs market potential. What are the Kenyan top brands ?, I bet Equity Bank Kenya and Safaricom Plc are. But unlike other assets we know like real estate, there is no active market in brands that would provide comparable values. The main issue with brand valuations is their arbitrary measurement and few agreed-upon systems and processes for evaluating brand assets in the Kenyan context this is very much arbitrary. Brands are a business's most valu e d asset, yet there is no universally accepted method of measuring that value. The only time you can be sure of the value of your brand is just after you have sold it. At the same time, well-managed brands have extraordinary economic value. Founders die. Management changes. Factories burn down. Technology becomes obsolete. The brand is the only sound foundation on which business leaders can build enduring, profitable growth. Brands create v...