12th AnnualBest Global Brands Report
12th AnnualBest Global Brands
Report
Coca-Cola
claims the #1 spot; Luxury brands make a
comeback;
Biggest-riser
Apple enters the Top 10 for the first
time
NEW YORK, New York -- October 4, 2011 — Coca-Cola (#1) takes the lead in Interbrand’s 2011 Best Global Brands report for the 12th consecutive year. Another brand leader is Apple (#8). With a brand value that increased a staggering 58 percent, Apple is this year’s top riser and, for the first time, it sits amongst the top 10 brands listed in Interbrand’s report.
Interbrand, a leading brand
consultancy, produces its Best Global Brands report based on
a unique methodology. The methodology analyzes three key
aspects that contribute to a brand’s value:
• The
financial performance of the branded products or
services
•
• The role of brand in the purchase
decision process
•
• The strength of the brand to
continue to secure earnings for a
company
•
•
2011 OVERVIEW
Due to the volatile markets
and uncertain business climate that characterized 2011,
brands are in the midst of adapting to a new reality.
“Uncertainty is the new status quo, so today’s brands
need to be quick and nimble,” remarked Jez Frampton,
Interbrand’s Global Chief Executive Officer.
“Consistency, relevance and commitment are imperative if a
brand is to keep pace in our rapidly changing
world.”
This year’s Top 100 brands have
demonstrated that, despite an erratic economic landscape,
they are constantly listening, flexing, evolving and
innovating – all in an effort to meet the new needs of
today’s consumer. “By refining digital strategies and
strengthening social networks, today’s most valuable
brands are creating more relevant customer engagements.
These brands have seized opportunities to host richer, more
tailored experiences, which, in turn, help drive longer-term
loyalty and value among consumers and partners alike,”
noted Frampton.
TECHNOLOGY BRANDS DOMINATE IN
2011
This past year, technology
brands continued to show sector-wide growth. Seven of the
top 10 brands (IBM, Microsoft, Google, GE, Intel, Apple and
Hewlett-Packard), four of the five biggest risers (Apple,
Amazon.com, Google and Samsung) and the one of the few new
entrants to the Best Global Brands report (HTC, the mobile
device maker in Taiwan) all hail from within the tech
sector. A few highlights include:
• IBM (#2), one of
the foremost global B2B companies, showed very strong
performance this year. This underscores the increasing
importance of brand in the B2B space. A strong brand
presence is not only crucial to driving sales at the retail
cash register, but also in driving business-to-business
purchase decisions as well. IBM’s performance is also a
strong indicator that well-defined corporate citizenship
strategies, like Smarter Planet, can become very valuable
business assets.
•
• Amazon.com (#26) has become
one of the world’s strongest brands in record time –
jumping 32% in brand value year-over-year. Much of
Amazon’s recent success can be directly attributed to its
strong sales of the Kindle and e-books. By identifying a
consumer need ahead of competitors and quickly developing
the technology to meet that need, Amazon managed to create a
new revenue stream — one that bolstered both its original
business model and, correspondingly, its brand value.
•
• HTC (#98) made its first appearance in
Interbrand’s Best Global Brands report this year. HTC, a
company that recently shifted from B2B to B2C, is focusing
on increasing consumer awareness, establishing partnerships
with more established brands and enhancing its digital brand
strategy – all of which make it a brand to watch in the
year ahead.
•
•
AUTOMOTIVE BRANDS
SHOW RESILIENCY
The past year
was marked by remarkable growth in the auto industry, driven
primarily by an economic recovery in classic European
markets, a resurgence of the US automotive industry and high
demand for cars in China.
• Nissan Motor (#90),
Japan’s second largest carmaker, returns to Interbrand’s
Best Global Brands report for the first time since 2007.
Nissan was able to restock inventories faster than its
competitors immediately following the earthquake that
devastated Japan last March. In doing so, Nissan exhibited
great resiliency during a difficult time for both the
company and its home country -- and managed to increase its
brand value as a result.
•
• Toyota (#11) retains
its position as the #1 automotive brand in Interbrand’s
2011 report. Like Nissan, Toyota exhibited great resiliency
by increasing its brand value by 6%. Even though Toyota
faced both an internal crisis (lack of quality control in
2010) and an external crisis (Japan’s earthquake), it
forged ahead by focusing on safety and quality, modifying
its leadership structure and capitalizing on its
world-renown green efforts.
•
•
LUXURY
BRANDS MAKE A COMEBACK
All
luxury brands appearing in Interbrand’s report were able
to increase their respective brand values by striking a
delicate balance in 2011: They each leveraged their iconic
status and simultaneously engaged new consumers in unique
and relevant experiences.
• Corporations such as Louis
Vuitton (#18), Gucci (#39), Hermès (#66), Cartier (#70),
Tiffany (#73), Moët & Chandon (#77), Armani (#93) and
Burberry (#95) all saw their respective brand values
increase this year – a tremendous business achievement
considering the world’s tumultuous economic conditions.
Each of these luxury brands put a renewed focus on quality,
craftsmanship and an increased emphasis on digital brand
strategy.
•
• Most notably, Burberry (#95)
increased its brand value by 20%, making the British luxury
retailer one of the top risers in this year’s report.
While luxury brands performed well across the board,
Burberry bested them all by focusing on its core
competencies in fashion, digital innovation and global
expansion.
•
•
FINANCIAL SERVICES’
SLOW PATH TO RECOVERY
Following
the 2008 financial crisis, certain financial brands continue
to struggle – particularly those financial brands based in
the US. Legacy banking brands Citi (#42), Barclays (#79),
Credit Suisse (#82) and UBS (#92) saw slight declines in
brand value in Interbrand’s 2011 report. Certain
European-based financial institutions, however, saw brand
values climb five percent or more within the past year.
Zurich (#94) from Switzerland, as well as Spanish banking
giant Santander (#68), all seemed deeply committed to
restoring consumer trust and reestablishing strong business
ethics.
Interbrand’s full 2011 Best Global Brands
report is available (along with expanded content and
methodology), on both www.Interbrand.com and www.BestGlobalBrands.com.
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