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Competitor Brand Equity

The perceived value and strength of a competitor's brand in the market, often assessed through brand awareness, loyalty, and market share.

Implications

The value and strength of a competitor�s brand as perceived by consumers, often used to assess the competitive landscape and inform brand strategy.

Example

Example: A new entrant in the soda market evaluates the competitor brand equity of Coca-Cola, recognizing the significant brand loyalty and market power it needs to overcome.

Related Terms

Different from brand equity, which focuses on a company�s own brand, competitor brand equity assesses the strength and influence of rival brands.

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COUNTRIES COVERED

Japan

South Korea

China

Taiwan

Vietnam

Thailand

Indonesia

Malaysia

Singapore

Australia

Philippines

Cambodia

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