ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2020
  • Volume: 10
  • Issue: 10

Theoretical foundations of the “Brand Equity” concept and its functions

Marketing and Sales Manager of Thellia Esthetics, Tashkent, Republic of Uzbekistan

Online published on 1 December, 2020.

Abstract

This article is devoted to the analysis of theoretical foundations of the concept of brand equity. Also, it considers the functions of brand equity in terms of current conditions. Moreover, the article provides a comprehensive overview of the opinions of various scholars and market analysts on the “brand equity” concept.

Keywords

Brand, Brand Equity, Consumer, Customer, Brand Awareness, Loyalty