Financial Benefits to Brand Identity

Brand identity represents how a company wants to be perceived in the market, what the company stands for, and most importantly implies promise to the company’s clients.  Building a strong brand is of great value to the organization’s financial performance.
A strong brand identity commands a premium price. Why would someone spend thousands of dollars more for a premium brand luxury automobile than an economy car brand? The value proposition is wrapped around the brand. Luxury brands are worth more in the minds of consumers regardless of whether the product actually functions better.
A price premium creates the perception of quality. Consumers still pay more for what they perceive to be a better or higher quality brand.
Customers relate value with quality.  If one brand is perceived to be of higher quality than the other brand, customers tend to perceive that the higher quality brand is a better value.
Perceived quality is the single most important contributor to a company’s return on investment. Perceived quality contributes to profitability in part via enhancing market share and prices.
Smart companies are always looking for ways to differentiate their brand from competing offers. In doing so, companies can charge a premium price for their strong brand.

debi@ivybrandinggroup.com
Christine@ivybrandinggroup.com
718-448-4880

Senior Wellness and Wealth Seminar III
Thursday, May 14th
The Historic Old Bermuda Inn
12 Noon start time
Free seminar and lunch to seniors. RSVP to 718-356-2867
New Location

Same Business

Same Partners

New Location

12 Eltingville Blvd. S.I.N.Y. 10312, 2nd Fl Suite

718.356.2867