Friday 28 June 2019

The European Brand Contest

If the man (or woman) from Mars turned up on this planet and looked at a table of worldwide brand value rankings, they'd be forgiven for thinking that the USA was the only country that knew and understood how to build a valuable brand, with perhaps a little competition from that young upstart, China.

Take the BrandZ ranking table, for example. 13 out of the Top 15 brands have their origin in the USA, with numbers 7 & 8 pushing in from China to create at least a little break in the domination.

But then, at position 16, comes SAP, making this the most valuable brand from Europe.

Here are Europe's Top 10 valuable brands:

1. SAP  (Germany) Technology +4%
2. Louis Vuitton (France) Luxury +15%
3. Deutsche Telekom (Germany) Telecom Providers +7%
4. Chanel (France) Luxury NEW
5. Hermes (France) Luxury +10%
6. L'Oreal (France) Personal Care +9%
7. Vodafone (GB) Telecom Providers -8%
8. Gucci (Italy) Luxury +13%
9. Mercedes Benz (Germany) Cars -9%
10. BMW (Germany) Cars -9%

Germany leads Europe in the world of branding, with a mix of cars, technology and telecom. For the moment, anyway. But just look at the growth rates of those French luxury and personal care brands.

Maybe there is something German brands can learn from the French. Those brands prove that you don't have to be a young US or Chinese tech-y brand to enjoy double digit growth.

 

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