Brand equity is the level of credibility a brand has in the minds of its audience. The higher your company’s brand equity, the higher its value in customers’ eyes.
2. Brand equity is the level of credibility a brand has in the minds of its audience.
The higher your company’s brand equity, the higher its value in customers’ eyes.
This isn’t just some ethereal, nice-sounding notion that doesn’t have anything to
do with the dollars and sense of business; customers are more loyal to brands
with higher brand equity.
3. Let's break brand equity down further.
Brand equity is made up of two components:
Brand
Awareness
Brand
Experience
Brand Equity
Can your brand be
easily identified by
your audience?
What have been your
target audiences’
experiences with your
brand?
4. 04
Steps To Building
Brand Equity Build Identity
And Awareness
Create
Meaning
Earn
Loyalty
Maintain
Relationships
5. Step 1: Build identity and awareness
Make sure that your customers recognize your brand and see it in
the way you intend.
Step 2: Create meaning
The company can develop a greater brand meaning through word
of mouth, positive direct customer experience, and targeted
marketing.
6. Step 3: Earn loyalty
Customers constantly make judgments about your brand’s
quality, credibility, relevance, and superiority to your competitors.
Step 4: Maintain Relationships
Once you build a deeper bond with your customers, they will
continue purchasing from, and forming an attachment to, your
brand.
7. Building brand equity isn’t easy and it never takes a day off.
Let us help.
Level up your brand equity
with Levo & build a brand
you can be proud of — your
customers will be proud to
support.