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Published · transcript-backed

Ben Gilbert: evaluation

21 Feb 2023 Acquired LVMH

“Brand is that unique attribute that will cause people to pay more for a product because it has a certain name or logo on it.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
evaluation
Recorded
21 Feb 2023
Publisher
Acquired
Episode
LVMH

Transcript context

…I'm David Rosenthal. And we are your hosts. David and I have talked about the power of brand on dozens, if not hundreds of Acquired episodes at this point. Brand is that unique attribute that will cause people to pay more for a product because it has a certain name or logo on it. But why do people do this? How can one quantify the impact that a brand has on a business? To study this, we decided to dive into the empire that has done this better than anyone in history, LVMH, the conglomerate of Moet, Hennessy, Louis Vuitton. Ben, it's not mo-way, it's mo-wet.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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