Brand Valuation Process

Applying the Brand Valuation Standard – ISO 10668  January 10, 2013 – 05:38 am
Every kind of brand valuation

The International Organization for Standards (ISO) released a new standard in the year 2010 which gives the requirements for monetary brand value measurement. The standard can be used for valuation of brand for strategic planning, accounting, legal transaction, MIS, etc. Prior to the release of the new standard by ISO, the valuation of any brand was always a questionable as the valuation outcome depended on the specialist choosing the methodology for the valuation.

Brand could be a  name, sign, symbol, logo and design or a combination of one or more of these to identify goods, services or entities.  Brand is one of the most valuable but least understood valuable assets of any entity. ISO’s attempt through ISO 10668 to provide a consistent, reliable approach to brand valuation considering the financial, behavioral and legal aspects is a welcome step that has to a great extent filled the vacuum of estimating the monetary brand value.

The standard requires the monetary brand valuation process to be transparent involving disclosure and quantification of valuation inputs, assumption and risks and carrying out a sensitivity analysis of the brand value to the main parameters used in the valuation models.

The standard defines monetary brand value as the economic benefit conferred by a brand over its expected useful economic life. The standard suggests three approaches for brand valuation.

Source: Sathyavageeswaran's Blog

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Public Nuisance at the New York Times

Monty Pelerin--
"I have refrained from bashing Paul Krugman of the NY Times. Indeed, I barely mention him because I found him embarrassing to be included in the economics profession. He has become such a Public Nuisance,appearing in print and on TV expounding his particular brand of nonsense, that it is difficult to ignore this political opportunist any longer.
Mr. Krugman is ...radictory positions. Most people are unaware that he was paid by Enron. Few understand the contradictions of his past positions with his present ones. A particularly egregious example, for someone who presumes to provide advice as to how to solve today's economic crisis, is his part in its creation. Pogoprinciple reveals how Mr. Krugman advocated the creation of a housing bubble back in 2002..."

You aren't entitled to a new car

The other driver is liable for the actual damages caused to you.
If you weren't driving a brand new car, he didn't destroy a brand new car, and doesn't owe you a brand new car. You are owed the value of your used car, which is generally determined from the actual sales prices of similar used cars in similar condition in your area.
This will generally be less than the asking price a...ppearance. Check the comparable vehicles they list to make sure they really are comparable, not rustbuckets or older model years.
If you want a brand new car, you have to pay the upcharge from your used car. That can be steep -- the "thump thump" when you drive a new car off the dealer's lot is the sound of thousands of dollars falling on the ground when your car goes from "new" to "used."

If you upgrade your car with .. change in value

If you upgrade your car with 4 brand new Michellin tires that cost $500, what kind of change in value can you expect - for Book valuation purposes only - not for resale.

Totaled loss claim on car

Hi i'm going through the insurance company of another party who was responsible for totalling my car, and am running into some issues:
1) i had put in a brand new battery one month prior to the car being totalled and they are giving 20% of its value. does that sound ridculous or what?
2) i had also put in new tires about 1.3 years ago, with only 6000 miles on it. originally they had ...ll and keep the money, and that they will be able to get a lot more than that for the brand new battery and tires. she claims that they don't do that and insists that they pay whatever CCC Valuescope says; that the value assigned are non-negotiable.
does anyone have insight into how this works or recommendations on how to get them to give a fair value for my now totalled car?

Methodology: How the Latin America rankings were compiled  — Financial Times

Brand valuation is a metric that enables brand owners and the investment community, and others, to evaluate and compare brands. Further, brand valuation enables faster and better-informed decision-making because it helps identify where value is derived.

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