Best Brands – these are the brands that are commercially successful and trigger certain emotions: brands that shine, that stick in the mind of consumers and are associated with innovation and positive experiences.
Honouring and promoting successful brand management whilst also offering new, future-oriented communication solutions a strong forum: that is the aim of the Best Brands College and the evening’s Best Brands Gala, which has long since established itself as an annual highlight in the marketing industry. The event is hosted at the Hotel Bayerischer Hof in Munich by the Serviceplan Group, GfK (Germany’s largest market research institute),Seven.One Entertainment Group, the Markenverband (the German Brands Association), German publications WirtschaftsWoche, DIE ZEIT, RMS and Media Impact.
The stand-out feature of the event is that the winners are chosen not by a panel of judges but solely by consumers – for the award-winning candidates are determined in a complex, representative study conducted by GfK consumer research institute based on two key yardsticks: their actual economic success in the market place and the perceived popularity of their brand among consumers. No other brand ranking currently factors in both these aspects of brand strength.
The Best Brands Awards have been honouring Germany’s best brands since 2004.
In 2021, the structure of the award was completely revised to enable us to flexibly give a platform to the latest social and marketing trends. As well as the annually recurring “Best Brand Overall”, brands from certain areas of life that held a special significance for consumers in that particular year are now also being analysed. This year’s category is “ Best Brand Corporate Sustainability ”. To honour the particularly successful brands of previous years, we are also presenting a Best Brands Award in the category "Best of the Best Brands".
But the core of Best Brands remains the same: the consumers choose the brands themselves, with “Share of Soul” and “Share of Market” as the cornerstones of a Best Brand.
The highly coveted marketing award is meanwhile also presented in China, Italy, Belgium, France and Russia. In 2022, Best Brands was presented in Poland for the first time.
In 2023, the “Best Brand Overall” was made up of the dimensions “Share of Market” and “Share of Soul”.
Among the winning companies: Lego (2023) Sony Playstation (2022) Bosch (2021) WMF (2020), Lego (2019, 2011, 2010), Nivea (2018, 2016, 2013), Coca-Cola (2017, 2014), Bose (2015), Apple (2012), Miele (2009), Canon (2008, 2007), Tchibo (2006), Adidas (2005, 2004).
In 2023, the “Best Corporate Sustainability Brand” was made up of the dimensions “Share of Market”, “Share of Soul”, Expertise and Momentum.
The winner 2023: dm-drogeriemarkt
In 2023, the jubilee category, the "Best of the Best Brands", was formed from the dimensions "Position in the Ranking", "validity" and the Best Brands Ranking 2004 - 2023.
The winners 2023: Bosch, Lego & Nivea