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About HDFC Amc
About HDFC Amc
The value and perception of a brand carries in the eyes of customers are referred to as brand
equity. It stands for the additional commercial and intangible worth that a brand has in
addition to its visible and useful characteristics.
Brand equity can be evaluated in terms of consumer buying behaviour like brand awareness,
brand loyalty, perceived quality, brand associations, and perceived brand value. A brand with
a high brand equity is one that is well-known, dependable, and enjoys a good reputation
with its target market.
Consumers are more inclined to choose a brand with high brand equity over one of its rivals,
which can boost sales and income of that particular brand. It can also give a business a
competitive edge by enabling them to charge more for their goods or services.