How does a company establish “brand equity?”?

Question

How does a company establish “brand equity?”

Answer 1

In simplest terms a company or individual launches and markets a brand and if it becomes successful, gaining public acceptance and generating sales to the point where a certain level of sales is guaranteed even if all marketing ceased, then the value of these sales would constitute the brand's equity.

Answer 2

rising businesses could have greater possibility with greater skill for reward. wide-unfold businesses in many situations grant boost and earnings. Apple isn't probable the perfect business company to income to a diverse business company. no longer something has ever traded like apple formerly. Its style of all categories of investment innovations rolled into one business company.

Answer 3

It builds awareness among its customers and potential customers. It advertises regularly to reach them. It provides good product and services to its customers to keep them satisfied. It works hard over the years to build, establish, and maintain a good reputation.