In a broad sense, "brand" is an intangible asset with economic value, and its differences are expressed through abstract, unique and recognizable mental concepts, thus occupying a certain position in people's consciousness as a comprehensive reflection. Brand building is long-term.
Extended data:
brand value
Brand value includes user value and self-value.
The function, quality and value of the brand are the user value elements of the brand, that is, the internal three elements of the brand; The brand's popularity, reputation and popularity are the self-value elements of the brand, that is, the external three elements of the brand.
The user value of a brand depends on three internal factors, and the self-value of a brand depends on three external factors.
Reference source: Baidu Encyclopedia-Brand