The Brand Equity Fairytale
Brand Strategy
The Brand Equity Fairytale
Posted 30 May 2011As marketers, we have all innocently told our fair share of fairytales as we have grappled with market ambiguity. Some of our Fairytales have happily turned out to reasonably approximate market behaviour, whereas others have ranged from oversimplifications to unintended fabrications.
Perhaps the greatest Fairytale of our marketing careers has come from the concept of ‘brand equity’.