Brand Recognition

The ultimate measure of how successful brand management has been, brand recognition is the extent to which the intended audience is able to identify a brand, from memory, based upon associations with visual, audio, and/or verbal attributes.

An advertising executive for a prominent sneaker manufacturer is walked to the end of a plank and threatened with being pushed off...unless you, dear reader, are able to recall their brand from a visual cue. You are then shown a “Swoosh” symbol above the phrase “Just Do It.”

Does the ad exec sleep with the fishes from a lack of brand recognition, or did you think “Nike?”

Related or Semi-related Video

Finance: What is Capital Gains Tax?7 Views

00:00

Finance a la shmoop what is capital gains tax? alright people you've invested

00:08

your hard-earned savings from working 72 hours a week all year you put 10 grand

00:13

to work seven years ago in buying Heinz ketchup stock at 50 bucks a share

00:18

200 shares then this year along comes Warren Buffett and Berkshire Hathaway to [Warren and Berkshire appear]

00:23

confirm what a brilliant investor you were and they buy for all cash the

00:28

company Heinz ketchup for $200 a share you've made four times your money in

00:33

seven years nice work well you have a gain of 150 bucks a share which you are

00:38

gonna fully realize like you'll realize that capital gain in the form of

00:43

receiving cash like oh I realize I have cash in my bank account yay me!

00:47

so all this was so good such a nice day until you realize that you live in a [Woman frollocking in a meadow]

00:53

blue state with massive taxes and that you'll now give back about a third or

00:58

more of your investment gains that is you invested 10 grand it became 40 grand

01:04

the old-fashioned way you had 30 grand of profits and now uncle sam says i want [Uncle Sam demanding I want your cash]

01:10

your cash and you now pay about 10 grand roughly a third of it in taxes of

01:17

your gains of that 30 grand back to Uncle S, sadly you are paying back in

01:22

taxes about the same amount you invested in the first place yep lots of hard work

01:27

lots of taxes how's that feel?

Find other enlightening terms in Shmoop Finance Genius Bar(f)