The 10 most valuable brands worldwide 2020

👇 SUBSCRIBE TO Estatísticas Curiosas YOUTUBE CHANNEL NOW 👇 https://www.youtube.com/channel/UCtjZ... The 10 most valuable brands worldwide in 2020 As of 2020, Amazon was the most valuable brand in the world with an estimated brand value of about 221 billion U.S. dollars. Google, which was the second leading brand in the world, had a brand value of about 160 billion U.S. dollars that year. Brand value Brand value, not to be mistaken with brand equity, is a phrase used in the marketing industry to describe the value of brands based on the implication that the owner of a well-known brand name can generate more money than from products with a less well-known name, brand valuation is the estimation of a brands total value. Achieved by following the International Organization for Standardization's ISO 10668 standard which maps out the appropriate process of valuing brands by adhering to six key requirements: transparency, validity, reliability, sufficiency, objectivity, and financial, behavioral and legal parameters. A brand is an intangible asset (name, term, design, symbol, or any other feature) that identifies one seller's product from another and is often a corporation's most valued asset. Strong brands enhance Performance primarily through their influence on three key stakeholder groups: (current and prospective) customers, employees, and investors. They influence customer choice and create loyalty; attract, retain, and motivate talent; and lower the cost of financing. For example, Google is one of the most recognized brands in the world. In North America alone the brand's value amounted to approximately 313.3 billion U.S. dollars in 2019.