Brand ROI or Return on Investment is a measure of how much a company is able to profit from the use of a brand when marketing its products or services.
A brand can be a name, design, term, or symbol that is a label of ownership. A brand can become a very important asset for a company and it can likewise drive success in financial and competitive markets. In advertising themes, a brand is a very valuable element. Usually, a marketing department seeks to align customer expectations behind a brand name. Marketers attempt to assign certain qualities and characteristics to a brand so that customers will be able to distinguish their product or service apart from the others. Brands can be so powerful that they can attract sales even without much promotional effort from a company. It is for this reason that many marketers have endeavored to specialize in brand management, the art of brand creation and maintenance. Read more… »