Dive Brief:
- After a 13-year run at the top, Coca-Cola dropped to the number three spot on Interbrand's list of the 10 most valuable brands, landing behind tech brands Apple and Google.
- Apple's grab of the number one spot can be attributed to their 28% growth in 2012 to $98.3 billion in value. Coca-Cola's value grew only by 2% to $79.2 billion.
- This power shift illustrates how leading tech brands have become "the poster child of the marketing community."
Interbrand's Most Valuable Brands for 2013:
- Apple
- Coca-Cola
- IBM
- Microsoft
- General Electric
- McDonald's
- Samsung
- Intel
- Toyota
Dive Insight:
Coca-Cola's smart marketing and international reach kept it at the top of the brand list for good reason. The reason brands like Apple and Google have surpassed Coca-Cola is because the technology they produce is changing the way people live in dramatic ways. Research shows a shift in consumer preference toward those that positively change their lives, and with five of the top ten being tech companies—six if IBM wasn't listed as a service company— this is likely a trend that will continue.