Cyber Times International Journal of Technology & Management

Brand value is very much like an onion. It has layers and a core. The core is the user who will stick with you until the very end.

- Edwin Artzt

Brand management is a process that involves every part, bit and employee of the company to capture the true essence of the brand. Brand Value cannot be built in a day. It is a long process of building inseparable attributes in consumers mind. Consumers take time to adjust and bond well with a brand. They, like any other child, need to be taken care of, served well and be communicated as well as educated with the correct knowledge at every touch point. Over a period of time, as the brand ages, the loyalty within their minds evolve into an inseparable bond. Hence, brand Value cannot be created by the company alone; it requires to be co-created by the consumers too. The process of brand management is not the role of the marketing department but of the top management of the company. The paper will discuss the theory of creating a brand strategy for a company as a tool for managing a brand and developing it. Now at Present the role of branding is of great importance in the business world and its role is quite hard to ignore. Branding helps differentiate goods or services of one firm from another. It is because of branding that customers are able to identify and prefer the products and services of one firm over another. The paper will examine a uniform knowledge of what the brand stands for and how it will be communicated to the general public and serve as a framework for strategic decision-making for the company management and employees.