Measuring Brand Equity Question 1 Brand equity is generally seen as the value which is inherent within a brand and the direct value as a result of the perception of that brand. A simple definition of brand of brand equity by Simons and Sullivan, (1993) is that it is "the incremental cash flows which accrue to branded products over unbranded products". The concept of brand equity has been developed during the 1990's (Aaker, 1991) and the way that values can be attached to brand equity have developed along two lines; the marketing measurement of brand equity (Keller, 1998) which was built upon by theorists such as Lassar et al (1995) with measurements of brand strength. The alternative is the financial measurement approach which has originated with the recognition of brand equity as an asset and an examinations of presence of value on the balance sheet, making this a more objective and arguably more scientific approach to the measurement of brand equity (Olroyd, 1998). However there are some problems with this approach as there are m,any uncertainty that are presence when trying to assess future values of the brands and the revenue streams they may create. The method developed by Simon and Sullivan (1993) has its basis in the profits that are projected at being attributable to the brand, however, when looking at this it should also be recognized that there is an interaction with the marketing and the reliance that those future profits will have on the future marketing (Eng and Keh , 2007; Calderon et al, 1997). The difficulty of any approach is the wide range of issues that can be included and excluded