A customer's choice to make a purchase is linked to how that customer views a company’s brand.
Full Answer Section
- Adaptability: LEGO products continuously evolve, offering new themes and building possibilities, keeping the brand relevant and engaging for different age groups. This demonstrates a brand that listens to its audience and adapts to their changing needs.
Sample Solution
Based on the information provided and the concept of brand equity, the brand with potentially higher brand equity for me is likely LEGO.
Here's why:
- Durability: LEGO bricks are known for their exceptional durability, lasting for generations and retaining their functionality. This aligns with the concept of brand equity, where a quality product contributes to a higher perceived worth.
- Emotional Connection: LEGO bricks often evoke positive childhood memories and encourage creativity. This emotional connection strengthens brand equity as it goes beyond just the physical product.