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Brands as a Tool for Creating Value

Author
Alexander Chernev
Published
Sun 10 Aug 2025
Episode Link
https://chernev.com/brand

This episode explains how brands create value for customers, companies, and collaborators under the market value principle. It defines customer value across functional, psychological, and monetary dimensions and clarifies the brand’s role in each. The discussion emphasizes the unique contribution of brands to psychological value compared to other marketing mix elements.

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