brand identity

Brand Equity

The commercial value derived from consumer perception of a brand, beyond the functional value of its products or services.

Brand equity is why people pay more for Nike than for an identical unbranded shoe. It is built through consistent identity, positive experiences, and emotional associations over time. Strong brand equity creates pricing power, customer loyalty, and resilience during market downturns. It is also fragile. A rebrand that alienates existing customers or a quality failure can erode decades of equity in months.

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