The World Branding Forum’s research department conducts a financial valuation of a brand based on an income approach model, which also takes into account a projection period. For public companies, data is gathered from available published sources, while for non-public companies, audited financial data is provided by the companies for evaluation or from publicly available sources.
The World Branding Forum runs an ongoing online nomination and voting platform designed specifically for online research. Although this may be considered as a populist or peoples’ choice vote, the scores for this stream only contributes to one part of the judging process, so the popularity aspect of a brand alone may not result in a brand winning
The World Branding Forum’s research department conducts one-on-one telephone interviews in all countries that are selected for the awards. The results from this survey contribute to the market research score for that brand both globally and also for a particular country.
*The evaluation/voting format was modified in November 2014 for the 2015-2016 Awards.
The WBF Advisory Council are involved with the nomination and voting process for special awards such as the “Brand Builder” and “Hall of Fame” Awards.