Brand value increases across categories
Brand value increases across categories
Brand value increases across categories
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Part 2 | The Top 100<br />
Regions<br />
ASIA UP, LATAM DOWN,<br />
OTHER REGIONS MODERATE<br />
ALMOST HALF of the brands in the<br />
<strong>Brand</strong>Z Top 100 ranking are based<br />
in North America. They account for<br />
two-thirds of the Top 100’s $2.6 trillion<br />
in brand <strong>value</strong>. <strong>Brand</strong> <strong>value</strong> growth in<br />
North America was flat, however.<br />
Growth rates fluctuated by region: Asia,<br />
Continental Europe, Latin America,<br />
North America and the UK. The BRIC<br />
markets drove the greatest swings, with<br />
the Top 10 brands from Asia up 13<br />
percent in brand <strong>value</strong>, while the Latam<br />
Top 10 declined 13 percent. The key<br />
reasons for the contrast in growths rates<br />
<strong>across</strong> regions were:<br />
Strong individual brand performances<br />
in China, despite a slower national<br />
economic growth rate, and brand<br />
growth in Korea, Japan and Australia;<br />
The slowdown of the Brazilian economy<br />
and the impact of government<br />
policy on strategic <strong>categories</strong>,<br />
including energy and banking; and<br />
Modest growth in the <strong>value</strong> of leading<br />
technology brands based in North<br />
America, relative to prior years<br />
In addition, the resilience of luxury and<br />
apparel brands based in Continental<br />
Europe balanced the overall impact of<br />
the region’s troubled economies. And a<br />
couple of global banks based in the UK<br />
improved sharply in brand <strong>value</strong>.<br />
Asia appreciates in brand <strong>value</strong><br />
Many of China’s leading brands<br />
continued to appreciate in brand <strong>value</strong>,<br />
despite the slowdown in the rate of<br />
economic growth. The country’s most<br />
valuable brand, China Mobile increased<br />
18 percent in brand <strong>value</strong>. China Mobile<br />
won more 3G subscribers than its rivals<br />
with its aggressive marketing. It is also<br />
expanding its 4G network.<br />
36 <strong>Brand</strong>Z Top 100 Most Valuable Global <strong>Brand</strong>s 2013<br />
Tencent, with a 52 percent rise in brand<br />
<strong>value</strong>, continued to draw more users to<br />
its instant messaging service and other<br />
offerings. The success of its Galaxy<br />
smartphones drove the improved 51<br />
percent in Samsung’s brand <strong>value</strong> and<br />
burnished the Korean brand <strong>across</strong> its<br />
wide range of home appliances and<br />
digital devices.<br />
Toyota reclaimed the number one position<br />
in the <strong>Brand</strong>Z car category ranking,<br />
suggesting that the Japanese brand has<br />
recovered from the product recall crisis<br />
of 2009. The presence of two Australian<br />
banks, Commonwealth and ANZ, reflects<br />
the country’s economic strength relative<br />
to other developed markets.<br />
Latam declines in brand <strong>value</strong><br />
The brand <strong>value</strong> decline by the Top 10<br />
Latam brands resulted from the impact<br />
of the troubled Brazilian economy and<br />
the government’s response with policies<br />
aimed at expanding the middle class and<br />
controlling inflation.<br />
These factors negatively impacted<br />
Petrobras, the government-controlled oil<br />
and gas company, and major Brazilian<br />
bank brands, including Bradesco and<br />
Itaù. At the same time, government<br />
policies to stimulate spending helped<br />
consumer products. The Brazilian beer<br />
Skol increased 39 percent in brand <strong>value</strong>.<br />
Corona, the Mexican beer, improved 29<br />
percent in brand <strong>value</strong>. In addition, two<br />
Colombian brands entered the <strong>Brand</strong>Z<br />
category rankings for the first time, the<br />
beer brand Aquila and Ecopetrol, an oil<br />
and gas brand.<br />
Continental Europe and the UK<br />
experience modest growth<br />
Despite economic problems <strong>across</strong> the<br />
continent, the Top 10 brands based in<br />
Europe increased 5 percent in brand<br />
<strong>value</strong>, in part on the strength of apparel.<br />
Fast fashion apparel brand Zara<br />
improved 60 percent.<br />
In a year when the technology category<br />
improved only modestly in overall<br />
brand <strong>value</strong>, Germany-based SAP<br />
appreciated 34 percent as the businessto-business<br />
sector recovered and SAP<br />
introduced solutions for using big data<br />
for enterprise transformation.<br />
The 4 percent brand <strong>value</strong> rise in by Top<br />
10 UK-based brands resulted primarily<br />
from the financial rebound of banking.<br />
Barclays, with a 34 percent rise in brand<br />
<strong>value</strong>, worked to restore trust. Improving<br />
24 percent in brand <strong>value</strong>, HSBC<br />
refocused on developing its profitable<br />
international trade business.<br />
North America up slightly<br />
The Top 10 North American brands are<br />
also the <strong>Brand</strong>Z Top 10 Most Valuable<br />
Global <strong>Brand</strong>s, with one exception. GE<br />
appears at number 11 in the <strong>Brand</strong>Z<br />
Top 100, following China Mobile, in tenth<br />
place with a slightly higher brand <strong>value</strong>.<br />
The collective brand <strong>value</strong> of the North<br />
American Top 10 totals over $900 billion.<br />
Although these large and stable brands<br />
improved a modest 2 percent in brand<br />
<strong>value</strong>, 2 percent of almost $1 trillion is a<br />
lot of brand <strong>value</strong>.<br />
Some of the more recent arrivals like<br />
Apple (established in 1976) and Google<br />
(established in 1998) grew so quickly<br />
that their brand <strong>value</strong> growth is<br />
beginning to resemble the pace of a more<br />
mature brand.<br />
That said, GE (established in 1892)<br />
grew 21 percent in brand <strong>value</strong> because<br />
of the strength of the brand and recovery<br />
in some of its key industries, such as jet<br />
engines, with strong demand from fast<br />
growing markets.<br />
Top 10 North America<br />
<strong>Brand</strong><br />
North American brands<br />
dominate in number, <strong>value</strong><br />
Almost half of the brands in the <strong>Brand</strong>Z Top 100 ranking are based<br />
in North America. They account for two-thirds of the Top 100’s $2.6<br />
trillion in brand <strong>value</strong>. Just less than one-quarter of the <strong>Brand</strong>Z Top<br />
100 brands are based in Asia, and they total 17 percent of the Top 100<br />
total brand <strong>value</strong>.<br />
Top 100 <strong>Brand</strong>s<br />
by Region<br />
Africa<br />
Asia<br />
Europe<br />
North America<br />
UK<br />
<strong>Brand</strong> <strong>value</strong><br />
2013 $M<br />
47%<br />
7%<br />
1%<br />
<strong>Brand</strong><br />
contribution<br />
23%<br />
22%<br />
<strong>Brand</strong> <strong>value</strong> change<br />
2013 vs 2012<br />
Rank<br />
change<br />
1 Apple 185,071 4 1% 0<br />
2 Google 113,669 3 5% 1<br />
3 IBM 112,536 3 -3% -1<br />
4 McDonald’s 90,256 4 -5% 0<br />
5 Coca-Cola 78,415 5 6% 1<br />
6 AT&T 75,507 3 10% 2<br />
7 Microsoft 69,814 3 -9% -2<br />
8 Marlboro 69,383 3 -6% -1<br />
9 Visa 56,060 4 46% New<br />
10 GE 55,357 2 21% 0<br />
Valuations include data from <strong>Brand</strong>Z, Kantar Worldpanel, Kantar Retail and Bloomberg.<br />
<strong>Brand</strong> Contribution measures the influence of brand alone on earnings, on a scale of 1 to 5 (5 highest).<br />
Up 2%<br />
Top 100 <strong>Brand</strong>s<br />
by Value Share<br />
Africa<br />
Asia<br />
Europe<br />
North America<br />
UK<br />
Some of the more<br />
recent arrivals like<br />
Apple and Google<br />
grew so quickly<br />
that their brand<br />
<strong>value</strong> growth<br />
is beginning to<br />
resemble the<br />
pace of a more<br />
mature brand<br />
65%<br />
5%<br />
0%<br />
17%<br />
13%<br />
Regions<br />
37