Definition and Meaning of Branding Literature review

Definition and Meaning of Branding - Literature review Example Successful brands have clarity of their own and the connected equity focuses on the measurement of brand value by comparing the brand assets with brand liabilities and maintaining a strong brand valuation. Brand identity is the main energy that gets created by the brand name and the degree of identity is connected with the brand management, quality, and awareness that is being constantly created and recreated by the organization. Brand loyalty comes from the perceived quality for which brands should never be associated with incompatible products because as an important breakthrough, it should have a significant entity and should not be placed in a conflicting situation. Brand architecture should place the brand in isolated splendor, though co-branding works with detailed strategies. This needs brand efficiency, profitability, and cost structure through continuous leveraging and consolidation. High-road brand, hitchhiker brand should be differentiated from low-road brands and dead-end brands for management purposes. Compatibility fit, market volatility, financing co-branding, and commitment reliability should be assessed from a highly strategic point of view. It is better to combine traditional and non-traditional marketing communication and promotion of the brands.