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What is Brand Equity

Marketing and Advertising in the Online-to-Offline (O2O) World
It is the strength of the brand that derives from the fame of goodwill and the name of a company that has acquired it for a very long time
Published in Chapter:
The Effect of Online and Offline Brand Experience on Brand Equity
Engy Shehab (Arab Academy for Science, Technology, and Maritime Transport, Egypt) and Hesham Osama Dinana (American University in Cairo, Egypt)
Copyright: © 2023 |Pages: 21
DOI: 10.4018/978-1-6684-5844-0.ch009
Abstract
Brand experience is still an exploratory area, and despite the increase in the research on it, there are still many challenges in defining the relationships between online and offline experiences, and how both can affect the brand equity of the organization. This chapter addresses a relationship between the in-store brand experience, online brand experience, customer satisfaction, and brand equity according to a new study that combined these four constructs together and compares its results with previous studies. Some researchers have presented the relationship between brand experience and brand equity in stores, and others have examined this relationship in the online environment. However, the effect of a combination of online and offline brand experience on brand equity together has not been found in one study. Consequently, the aim of this chapter is to present interesting findings from a study carried out in Egypt on the effect of online and offline brand experience on brand Equity.
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More Results
Employer Brand Image Review and Future Strategies
The differential effect of product knowledge on individual response to the marketing of the product. Brand equity suggests that brands influence choice decisions by creating points of differentiation among objects with similar functional/instrumental attributes. The value a product offers a consumer.
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Bridging Cultural Dimensions and Corporate Social Responsibility Communication
Brand equity is the sum of all associations and behaviour expressed by a brand’s customers and other stakeholders, which allows the brand to create better awareness, greater sales volume and/or greater margins than could be achieved without the brand’s strength.
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Determining the Motives and Behaviors of Brand Hate
It is the set of values that the business name/symbol has added to the product/service.
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Citizen Perceptions and Support for Smart City Projects: The Case of “Smart Santander”
Added value of a brand to the individual, traditionally linked to four dimensions: brand awareness, brand associations, perceived quality, and brand loyalty.
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Green Marketing and Branding: Combining Micro and Macro Perspectives to Achieve a Circular Economy
Brand equity is the overall value accrued to a brand. It is a perception that is formed within the consumers’ minds, but it can directly relate to the financial value and market success of a company. Consumers develop strong bonds with companies that have high brand equity. They believe that those companies’ offerings are better in generating functional, hedonic and symbolic values for them and are also willing to pay more for their offerings.
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Brand Extension in FMCG Sector Through Social Media Enabled CRM and Investigating Its Impact on Brand Equity
Brand equity is the level a brand is assumed by the customers to be competent to meet consumer expectations in the category the brand competes.
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Social Media and Social Identity in the Millennial Generation
Brand equity is the value of a brand based on the consumer’s perception of that brand in his/her mind.
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Full Text Chapter Download: US $37.50 Add to Cart
Using Social Media and Digital Marketing Tools and Techniques for Developing Brand Equity With Connected Consumers
Brand equity is made of a set of assets and liabilities linked to a brand, its name, and symbol that add something to the value provided by it. The assets or liabilities a brand include; brand recognition, perceived quality, brand associations, brand loyalty, and some other unique intangible assets such as trademarks, patents, formula and customer relationships, etc.
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Destination Competitiveness: An Antecedent or the Result of Destination Brand Equity?
Customers’ subjective and intangible evaluation of a brand, apart from its objectively perceived financial value.
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The Effect of Online and Offline Touchpoints on Customer Experience and Brand Performance: A Case of an Omnichannel Marketing Strategy in Egypt
refers to a value premium that a company generates from a product with a recognizable name when compared to its generic equivalent, Aaker (1991) defined it’s four basic dimensions as perceived quality, brand awareness, brand associations, brand loyalty.
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E-WOM as an Asset of Branded Content Strategies: A Conceptual Approach to the Role of Consumers in Building Brand Equity
Perceived value of a brand to its consumers, which is generated from the opinions, experiences and emotions of consumers of that brand based on their interactions with each other.
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Image and Branding in Health Tourism
A concept that brands want to create in today's market conditions, and it is the focus of branding strategies.
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Employee-Based Brand Equity and Factors of Employee-Brand Association
Brand equity is the value of a brand in the eye of a customer that grows with brand experience.
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Social Responsibility and Sustainability of Fast Fashion Retail Companies in the Textile Sector
It is a set of assets or liabilities in the form of brand visibility, brand associations, brand awareness, and customer loyalty.
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Building a Brand in Virtual Learning Spaces: Why Student Connections Matter
For universities, brand equity is the extent to which an institution can attract and retain students and support from its constituents. Brand equity is a measure of strength in the marketplace.
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An Exploratory Study of In-Flight Safety Videos and Airline Marketing Strategy
The perception of value that consumers have about a brand name that is independent of the actual quality of the product or services.
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Long-Term Contracts in the Cellular Phone Industry
Positive differential effect that knowing the brand name has on customer response to service.
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A Conceptual Framework for Determining Brand Attitude and Brand Equity through Text Analytics of Social Media Behavior
The commercial value that derives from consumer perception of the brand name of a particular product or service, rather than from the product or service itself.
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Impact of Employee-Based Brand Equity on Customer-Based Brand Equity
This is the value (Positive) a firm generates over a long time by offering consistent quality to its customers. This value is treated as an intangible asset of the firm. The brands with higher brand equity are more recognizable in the market.
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Firm-Specific Moderators in Recovery From Brand Scandals: Insight Into Consumer Markets and Capital Markets
The set of assets and liabilities that can be attached to a brand that adds to or subtracts value.
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Creating Brand Experience Based on Brand Equity in Tourism Destinations
Reflects the value-oriented approach created in the minds of the consumer, who is willing to pay a higher price when necessary, which makes a brand a reason for preference when evaluated together with other brands in the consumer's mind. While brand equity expresses an abstract concept related to the brand, it is also the focus of all brand strategies.
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A Systematic Review of the Bibliometric Literature: Branding in Marketing Strategy
The additional value attributed to a product or service. This value influences the way the consumer thinks, feels and acts in relation to the brand, as well as the prices, market share and profitability provided by the brand to the company.
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The Role of Culinary Festivals in Building Destination Brand Equity
It is defined as ‘a set of brand assets and liabilities linked to a brand, its name, and symbol, which add to or subtract from the value provided by a producer, by a product or service to a firm and/or to that firm's customers’ ( Aaker, 1991 ).
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The Influence of CSR on B2B Relationships: Leveraging Ethical Behaviors to Create Value
The value of a known brand wherein greater brand recognition, integrity, and character equates to increased revenues.
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Deconstructing the Role of Consumer Engagement Within Social Media
Brand equity is the intangible value a company gains from its name recognition. It has three components: consumer perception, negative or positive effects, and the resulting value. Brand equity is produced through factors like brand awareness, brand loyalty, and brand associations.
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How Does Firm- and User-Generated Content Benefit Firms and Affect Consumers?: A Literature Review
Value of a brand based on consumer perception of and experiences with the brand.
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Full Text Chapter Download: US $37.50 Add to Cart
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