“…In other words, the influence of co-branding is proposed to be bidirectional, partner brands affecting the co-brand and the co-brand affecting the partner brands in return. However, the level of these effects depends on both consumer's familiarity with the partner brands or brand characteristics such as partner brand strength, perceived fit/compatibility between brands, complementarity of the partner brands and the core brand of the co-brand (Denizci-Guillet and Tasci, 2010a,b;Hadjicharalambous, 2006;Helmig et al, 2007;Leuthesser et al, 2003;Simonin and Ruth, 1998;Tasci and Denizci, 2010;Washburn et al, 2000). In measuring the success level of co-branding, consumers' perspective is measured in terms of behavioral or attitudinal variables. One of the affected attributes in both the transfer effect and the spillover effect is claimed to be brand equity, "the incremental value added to a product by virtue of its brand" (Washburn and Plank, 2002, p. 46) usually conceptualized with a consumer behavior perspective, namely consumer-based brand equity (CBBE).…”