Valuation · The price premium · Element

The implication

What the premium implies about total brand value.

The part

What it is

Premium multiplied by volume gives a floor. Volume and retention effects sit on top of it and are harder to attribute.

Stating it as a floor rather than as the answer is what keeps the number credible.

The smallest level

The attributes it carries

Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.