Although there is a large body of research on brand equity, little in terms of a
literature review has been published on this since Feldwick’s (1996) paper. To
address this gap, this paper brings together the scattered literature on consumer based
brand equity’s conceptualization and measurement. Measures of consumer based
brand equity are classified as either direct or indirect. Indirect measures assess
consumer based brand equity through its demonstrable dimensions and are superior
from a diagnostic level. The paper concludes with directions for future research and
managerial pointers for setting up a brand equity measurement system.