Assessing sport brand value through use of the contingent valuation method

作者: J Lucy Lee , Jeffrey D James

DOI: 10.18533/JEFS.V3I6.179

关键词: AdvertisingMarketingBrand equityEquity (finance)BusinessWillingness to payContingent valuation

摘要: This work is a first attempt to estimate customer-based brand equity with the contingent valuation method (CVM) for service-oriented product. We assess value of sport brand, IRONMAN triathlon, utilizing CVM - one few available measures estimating intangible product values. The was derived from consumers’ perceptions, attitudes, and behaviours by asking consumers (i.e., triathletes who have experiences non-IRONMAN branded events) about their willingness pay an generic triathlon events. found (1) presence price premiums that were willing (2) estimated approximately $102 million Half-distance events, $123 Full-distance event.

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