The document discusses how brands can create value exchanges with consumers by meeting both emotional and rational needs. It presents findings from a study of 15,000 consumers in 12 countries about their needs and expectations from brands. The study found that while consumers contribute a lot to brands, they feel the relationship is often one-sided with little return value. Chinese consumers expressed more positive views of brands but still wanted more meaningful relationships. Across generations, consumers expected greater transparency, responsiveness, and brands taking stands on issues. Meeting both emotional and rational needs through behaviors like clear purpose and open communication was found to deliver stronger consumer outcomes. An emerging need state was described that drives greater value in brand relationships.