If I worked for a brand, especially a stonking big global brand, I think I’d be a little choosy about whose brand ranking system I chose to hang my hat on. Of course, there are almost as many brand ranking systems as there are brands these days.
In an idle moment, I had a look at the brand hit parade of a couple of the big players in the brand ranking game. The Big Daddy (Interbrand) and relative new kid on the block Kantar (BrandZ).
Now, both of these have a black box to calculate brand value, but from what I can tell, these are on the same principle - factor in financial value/analysis, plus the brand strength/equity and role/contribution of the brand. And Bob’s your uncle, or something.
The Top 20s look like this:
OK, at the top of the table, we’ve got AMAG, or GAMA - not “MAGA” this year (to the relief of many).
And there are one or two brand positions where the two rankers are more-or-less in agreement - Instagram, Oracle, McDonald’s, YouTube.
But then there are some huge discrepancies. Coca-Cola is No. 7 Interbrand, No. 20 Kantar. For Facebook and Nvidia, the pattern is reversed - (Facebook 19/6, Nvidia 15/5).
And whole categories - Luxury Brands (Louis Vuitton 12 on Interbrand, 32 on Kantar), consumer electronics (Samsung 5 on Interbrand, 61 on Kantar).
Finally, look at cars. Toyota is 6 on Interbrand, 84 on Kantar. Mercedes-Benz and BMW are 10 and 14 respectively on Interbrand but don’t even make the Top 100 in Kantar.
Perhaps there are some methodological things I’ve missed, such as eligibility criteria - quite possible.
But I wonder how much is due to the two rankers’ beliefs as to what constitutes a strong brand? Is it coincidence that Interbrand - who’ve been in this game since the last century - have more substantial legacy-type brands in the Top 20?
Whatever the answer, it just goes to show there are many ways to value a brand.
I wonder if anyone has done a ranking of the brand rankers?
Posts
No comments:
Post a Comment