What is Brand Equity?
Equity is defined as the value built up in an inanimate or animate object. Just like a house, a brand can also lose or gain equity.
Equity Building Tips
- Product Performance – If you’re product performs well, others will recommend you. Recommendations will begin to build your brand equity and credibility.
- Packaging of Product – Ever notice how computer software is package in large, fancy designed boxes more then twice the size of the actual disks? The packaging justifies not only the high price of software, but also helps to build the brand equity through professional design and packaging.
- Logo/look and feel of entire package - Let’s imagine that you need to get your brakes repaired and you received postcards for two brake shops within a mile of your house. Brake Shop A’s postcard is printed on a heavy glossy paper and is rich with sharp colored graphics, a noticeable logo and a clear message – “We do quality work for less money.” Brake Shop B’s postcard is printed on less heavier cardstock, the graphics are blurry and fonts are slightly hard to read and there is no identifying logo. Which brake shop would you choose? Most would say Brake Shop A. Not only does a quality logo improve a company’s equity in branding, but the consistent clean look and feel increases the equity as well.
- The Tag line – It is important to include a clear description with every appearance of your business name so an accurate awareness of the company is built directly and quickly, allowing instant recognition of what the company is trying to sell, to whom and in what market. The tagline fills this role: it can add more than just an industry reference; it can claim dominance, speed it’s equity in a given market.
- Repetition - Repetition plays a crucial role in brand equity. Ever wonder why some commercials play twice in a row? Ever see a commercial so many times you think, “Not this commercial again….?”
The more you see the message, product and logo, the more equity is built. As equity is built, the consumer will relate more value and better quality to a particular product or service.
Losing Equity
Along with increasing brand equity, your brand can also lose its equity very quickly.
The most common reason for loss of brand equity is unprofessional marketing material.
New business owners may try to cut corners and design their own flyers and postcards. They are often doing more harm then good. It is better to hire a professional to build your brand equity through print. Poor logo design that does not target your specific market also adversely affects your brand equity. If your logo is not attracting your target market, it is time to redesign. Lastly, if you do not market on a consistent basis, your built up equity will decline.
Don’t loss equity within your brand! Contact us toady!



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