Each year, research group Kantar BrandZ ranks companies based on their “brand value,” which is measured by:
- A brand’s total financial value, which is the financial contribution that brand brings to its parent company ($ value).
- Multiplied by its proportional value, measured by the brands proportional impact on its parent company’s sales (% value).
The financial results are then combined with quantitative survey data, sourced from over 170,000 global consumers. The end result is a holistic look at a company’s brand equity, reputation, and ability to generate value.
The Top 10 comprise two from Consumer Goods & Retail (Amazon, Alibaba), one from Technology (Apple), three from Media & Entertainment (Google, Tencent, Facebook), one from Business Solutions & Tech (Microsoft), two from Financial Services (Visa, Mastercard), and one from Food & Beverage (McDonald's).
Source: Kantar BrandZ
I made a chart here on the biggest movers in brand value (took the percent % change column from the dataset). Looks like Tesla shot up the most (+275%) in brand value along with media companies Instagram & TikTok.