EquipmentWatch Releases Study on Value of Brand in Equipment Pricing

b"ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- EquipmentWatch , the world leader in data, software and insight for the heavy equipment industry, today announces a research study on the value of a brand name during the lifecycle of heavy equipment.

Metadata

Provider:

GlobeNewswire, Inc.

Retrieved on:

Wednesday, April 28, 2021

Information

Tags:

Auction, Heavy equipment, Brand, Premium, Marketing, Articles, Business

Geotags:

Atlanta, Us

Organisation:

EQUIPMENTWATCH

Summary

Key Points:

b"ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- EquipmentWatch , the world leader in data, software and insight for the heavy equipment industry, today announces a research study on the value of a brand name during the lifecycle of heavy equipment.
The report takes a deep dive into the impact of brand on pricing for construction, lift and agricultural equipment\xc2\xa0on the resale and auction channels.\nCaterpillar's construction equipment had the highest brand premium for 2019 and 2020, see which other brands rounded out the top five\nDeere captures highest overall brand premium for agricultural equipment on both the resale and auction channels, see details on which types of their equipment have the highest and lowest brand premium\nRead the full report here:\nWhat\xe2\x80\x99s a Brand Name Worth?\nEquipmentWatch is the trusted source for heavy equipment data and intelligence.
EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in independent, third-party heavy equipment research serving more than 15,000 professional, high-volume users of construction, ag, and lift/access data.
The EquipmentWatch products are valuable tools in decisions surrounding the purchase, valuation, operation, and equipment disposal.\nFor more than 60 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders, insurers, and government agencies\xc2\xa0involved in heavy civil construction.

ATLANTA, April 28, 2021 (GLOBE NEWSWIRE) -- EquipmentWatch, the world leader in data, software and insight for the heavy equipment industry, today announces a research study on the value of a brand name during the lifecycle of heavy equipment. The report takes a deep dive into the impact of brand on pricing for construction, lift and agricultural equipment on the resale and auction channels.

Insights include:

Learn what brand premium is and how it has influenced the resale and auction channels over the past two years
Understand how brand name contributes to an equipment’s price to help you with your equipment-buying strategy
Caterpillar's construction equipment had the highest brand premium for 2019 and 2020, see which other brands rounded out the top five
Deere captures highest overall brand premium for agricultural equipment on both the resale and auction channels, see details on which types of their equipment have the highest and lowest brand premium

Read the full report here:

What’s a Brand Name Worth?

About EquipmentWatch
EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in independent, third-party heavy equipment research serving more than 15,000 professional, high-volume users of construction, ag, and lift/access data. The EquipmentWatch products are valuable tools in decisions surrounding the purchase, valuation, operation, and equipment disposal.

For more than 60 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders, insurers, and government agencies involved in heavy civil construction. EquipmentWatch owns The Rental Rate Blue Book. For more information, visit www.equipmentwatch.com.

About Informa
Informa PLC is a leading international business to business information services group, operating in more than 30 countries. We create transaction-led exhibitions and content-based events, specialist data, intelligence and marketing services products, as well as scholarly research and specialist reference-led academic content. Our products and services help businesses and professionals connect, learn, do business and gain an edge over the competition. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.

Media Contact:
Alphonso Crawford
EquipmentWatch
470.602.4773
[email protected]