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brand equity

Brand equity is the consumer confidence, loyalty, and favorable reputation that a business's product or service has earned in the marketplace.

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brand equity

Brand equity is the consumer confidence, loyalty, and favorable reputation that a business's product or service has earned in the marketplace.

Additional Information


A loss of or reduction of brand integrity can cause a substantial reduction in revenues and market share. Brand integrity can be damaged or lost as a result of many types of fortuitous events, such as product contamination or tampering incidents.

Synonyms

brand reputation