How much is a label worth? Not the product, just the label.
If the label we’re talking about happens to be Apple, then that label – the most valuable label on planet Earth – is worth $247bn according to the new WPP 2015 global list and valuation of the 100 most valuable brands. If the label is Louis Vuitton, then it’s worth $27bn. Together the top 100 labels are worth $3.3 trillion.
The full list is below, and here’s the link to the full 187 page report 100 Most Valuable Global Brands.
$3.3 trillion is a lot of work for 100 logos.
Of course there’s more to a brand than a logo – psychologically, a brand is a set of mental associations that can influence propensity to choose and frequency of choice. What comes to mind when I say Apple? Creativity, design, quality, simple to use, user-friendly, innovative… These positive associations influence our willingness to pay a price premium, and choose Apple more frequently – especially when they are unique and meet a need. So WPP calculate brand value by combining financial value (current branded earnings and a multiple for future sales) with brand contribution (the price premium and extra volume that the brand name (and associations) generates (from consumer surveys)). It’s not the only way to calculate brand value, but it has the merit of integrating a psychological component to brand valuation.
The 2015 WPP 100 Most Valuable Global Brands list makes for interesting reading.
- Shift to the East? Check. (Alibaba brand is now worth more than Amazon, Tencent is worth more than Facebook).
- Continued Rise of Tech? Check. (Tech and Telecom brands account for 44% of total value in the list).
- Banks and Luxury in Trouble? Check. (Only sectors losing value, 2% and 6% respectively)
- Branding trumps Advertising? Check. (Strong identity and value proposition correlate better with value than strong advertising)
- Salience, Difference, and Meaningfulness drive brand value? Check.
- Salient: Comes to mind spontaneously as key brand choice
- Different: Unique and trendsetting
- Meaningful: Fulfils a consumer need in relevant ways
- Apple the most valuable brand on planet Earth? Check, (the Apple brand is worth $247bn)
2015 WPP 100 Most Valuable Global Brands
- Apple (Technology) $246,992,000,000
- Google (Technology) $173,652,000,000
- Microsoft (Technology) $115,500,000,000
- IBM (Technology) $93,987,000,000
- Visa (Payments) $91,962,000,000
- AT&T (Telecom Providers) $89,492,000,000
- Verizon (Telecom Providers) $86,009,000,000
- Coca-Cola (Soft Drinks) $83,841,000,000
- McDonald’s (Fast Food) $81,162,000,000
- Marlboro (Tobacco) $80,352,000,000
- Tencent (Technology) $76,572,000,000
- Facebook (Technology) $71,121,000,000
- Alibaba (Retail) $66,375,000,000
- Amazon (Retail) $62,292,000,000
- China Mobile (Telecom Providers) $59,895,000,000
- Wells Fargo (Regional Banks) $59,310,000,000
- GE (Conglomerate) $59,272,000,000
- UPS (Logistics) $51,798,000,000
- Disney (Entertainment) $42,962,000,000
- Mastercard (Payments) $40,188,000,000
- Baidu (Technology) $40,041,000,000
- ICBC (Regional Banks) 38,808,000,000
- Vodafone (Telecom Providers) $38,461,000,000
- SAP (Technology) $38,225,000,000
- American Express (Payments) $38,093,000,000
- Walmart (Retail) $35,245,000,000
- T-Mobile (Telecom Providers) $33,834,000,000
- Nike (Apparel) $29,717,000,000
- Starbucks (Fast Food) $29,313,000,000
- Toyota (Cars) $28,913,000,000
- The Home Depot (Retail) $27,705,000,000
- Louis Vuitton (Luxury) $27,445,000,000
- Budweiser (Beer) $26,657,000,000
- BMW (Cars) $26,349,000,000
- HSBC (Global Banks) $24,029,000,000
- RBC (Regional Banks) $23,989,000,000
- Pampers (Baby Care) $23,757,000,000
- L’Oréal (Personal Care) $23,376,000,000
- HP (Technology) $23,039,000,000
- Subway (Fast Food) $22,561,000,000
- China Construction Bank (Regional Banks) $22,065,000,000
- Zara (Apparel) $22,036,000,000
- Mercedes-Benz (Cars) $21,786,000,000
- Oracle (Technology) $21,680,000,000
- Samsung (Technology) $21,602,000,000
- Movistar (Telecom Providers) $21,215,000,000
- TD (Regional Banks) $20,638,000,000
- Commonwealth Bank (Regional Banks) $20,599,000,000
- ExxonMobil (Oil & Gas) $20,412,000,000
- Agricultural Bank of China (Regional Banks) $20,189,000,000
- Accenture (Technology) $20,183,000,000
- Gillette (Personal Care) $19,737,000,000
- FedEx (Logistics) $19,566,000,000
- Shell (Oil & Gas) $18,943,000,000
- Hermès (Luxury) $18,938,000,000
- Intel (Technology) $18,385,000,000
- Colgate (Personal Care) $17,977,000,000
- BT (Telecom Providers) $17,953,000,000
- ANZ (Regional Banks) $17,702,000,000
- Citi (Global Banks) $17,486,000,000
- Orange (Telecom Providers) $17,384,000,000
- China Life (Insurance) $17,365,000,000
- Sinodec (Oil & Gas) $17,267,000,000
- Ikea (Retail) $17,025,000,000
- Bank of China (Regional Banks) $16,438,000,000
- DHL (Logistics) $16,301,000,000
- Cisco (Technology) $16,060,000,000
- Pingan (Insurance) $15,959,000,000
- Siemens (Technology) $15,496,000,000
- Huawei (Technology) $15,335,000,000
- PetroChina (Oil & Gas) $15,022,000,000
- US Bank (Regional Banks) $14,786,000,000
- eBay (Retail) $14,171,000,000
- HDFC Bank (Regional Banks) $14,027,000,000
- H&M (Apparel) $13,827,000,000
- Gucci (Luxury) $13,800,000,000
- J.P. Morgan (Global Banks) $13,522,000,000
- Honda (Cars) $13,332,000,000
- Pepsi (Soft Drinks) $13,134,000,000
- Ford (Cars) $13,106,000,000
- BP (Oil & Gas) $12,938,000,000
- Telstra (Telecom Providers) $12,701,000,000
- KFC (Fast Food) $12,649,000,000
- Westpac (Regional Banks) $12,420,000,000
- LinkedIn (Technology) $12,200,000,000
- Santander (Global Banks) $12,181,000,000
- Woolworths (Retail) $11,818,000,000
- Paypal (Payments) $11,806,000,000
- Chase (Regional Banks) $11,661,000,000
- Aldi (Retail) $11,660,000,000
- ING (Global Banks) $11,560,000,000
- Twitter (Technology) $11,447,000,000
- Nissan (Cars) $11,411,000,000
- Red Bull (Soft Drinks) $11,375,000,000
- Bank of America (Regional Banks) $11,335,000,000
- Docomo (Telecom Providers) $11,223,000,000
- Costco (Retail) $11,214,000,000
- SoftBank (Telecom Providers) $11,131,000,000
- China Telecom (Telecom Providers) $11,075,000,000
- Scotiabank (Regional Banks) $11,044,000,000
https://www.youtube.com/watch?v=xcPfBdrX7zg