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- 2019-07-03 发布于广东
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Unit 5
Brand Equity and Global Brands
品牌资产和全球品牌
Learning objectives
In this unit students will learn words and expressions related to branding.
Students will be able to talk about the historical development and the current situation
of global brands.
Background reading
Notes:
1. brand equity 品牌资产
2. intangible asset 无形资产a business asset that has no physical existence
3. positive association 良好的联想 association mental connection between
ideas
4. price premium 溢价
5. generic products 普通产品not specific
6. brand extension 品牌延伸
7. leverage 借助
8. advertising expenditure 广告支出
9. consumer’s awareness 消费者的认知
10. attitude strength 态度强度
11. facilitate 使(某事物)容易make (sth) easy or less difficult
12. income stream :a regular and continuing flow of money generated by a business
or investment
13. cash flow 现金流movement of money into and out of a business as goods are
bought and sold
14. lease 出租,租得The firm leases an office with views over the river.
15. discount 折扣amount of money taken off the cost of sth
Answers to comprehension questions:
1. The brand can add significant value when it is well recognized and has positive
associations in the mind of the consumer. This concept is referred to as brand
equity.
2. We can view brand equity from financial, brand extensions, and consumer-based
perspectives.
3. Yes. Strong brand equity may facilitate a more predictable income stream,
increases cash flow by increasing market share, reduce promotional costs, and
allow premium pricing.
4. Some brands acquire a bad reputation that results in negative brand equity.
Negative brand equity can be measured by surveys in which consumers indicate
that a discount is needed to purchase the brand
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