Glossary · Marketing Strategy

Brand Equity

also: brand value · brand strength

Definition

Brand equity is the premium — in sales, pricing power, and LTV — attributable to the brand identity beyond functional product attributes. It is an asset that compounds with consistent investment and decays with over-optimization toward short-term performance marketing, making brand-vs-performance allocation a portfolio problem.

Brand equity manifests as pricing power (willingness-to-pay above commodity), preference loyalty (resistance to switching), and reduced acquisition cost (direct and organic traffic). Brand investment is long-duration and imperfectly observable, performance marketing is short-duration and tightly measurable — making the allocation trade-off a Markowitz-style portfolio optimization problem.

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Authoritative references