Companies and Brands
Donald Trump Is 'Most Powerful Brand in the World
Published:
Last Updated:
Robert Passikoff, Brand Keys president, said:
For 25 years Donald Trump has been one of the most powerful brands we’ve tracked. You could add his name to anything and the increased perceived value of the products increases upwards of 30 percent. As a reference point, on average the most celebrated celebrities generally add 12-15 percent additional value to products or services they endorse or to which they lend their names.
Added-value related to the Trump brand how much more a product or service is seen to meet consumer expectations and to be worth more monetarily took a hit when the Access Hollywood tape was released, but has rebounded with his election and is up significantly in three categories that President Trump is most closely identified with: TV/Entertainment, Country/Golf Clubs and Real Estate/ Hotels.
One of the concrete examples Brand Keys gives is that a luxury condominium which can charge $1,000 per square foot under “normal” circumstances, can charge $1,450 when the owner uses the Trump name.
Methodology: One thousand two hundred (1,200) Republicans, Democrats and Independents, drawn from the nine U.S. Census Regions, participated in a national study conducted by Brand Keys (brandkeys.com) the week of February 20th. The survey examined seven categories in which Brand Keys has traditionally tracked the Trump brand.
For some reason, the approach seems very thin. However, Trump studies may be a good way for Brand Keys to build its own brand. Like most brand management firms, Brand Keys charges for its “brand building” services.
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.