Apple iPodBrand Equity ModelBy:Sagar MehtaISBE/SS/09-11R.No. 34
Quick Overview of the iPodLaunched by Apple in 2001Over 220 million iPods sold worldwideBest selling digital audio player in the worldModels: Shuffle, Nano, Classic, TouchPlays MP3, AAC/M4A, Protected AAC, AIFF, WAV as well as some video formats
Knowledge MetricsRecognition: Apple iPod is the de facto standard in the digital audio player marketUnaided recall: ‘MP3 player” brings iPod to mindAided recall: Brand is established and the ‘apple’ symbol brings it to the forefront in the mindTop-of-mind recall: iPod is usually the first choice
Knowledge Metrics Ratings
Preference MetricsFamiliarity: Extremely trusted & familiar brandConsideration:  Always considered at least oncePurchase: Price is often a consideration as cheaper options are availableUsage & Loyalty: Existing users do NOT wish to part with their iPods
Preference Metrics Ratings
Financial MetricsMarket share: Over 70% market sharePrice premium: Known to be a premium price productRevenue: Shrinking audio player market could translate into less revenueGrowth Rate: Steady
Financial Metrics Ratings
Overall Brand Rating
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Brand Equity Model for the Apple iPod