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  • They will be in charge of the brand strategy
  • Branding enhances the identity of the product through the use of unique brand names, symbols and other distinctive measures.
  • With competition growing more intense in almost all industries, establishing a strong brand allows an organization’s products to stand out and avoid potential pitfalls, such as price wars, that have befallen many products.
  • Making smart decisions up front is crucial since a company may have to live with the decision for a long time.
  • They will seek to increase the product's perceived value to the customer and thereby increase brand franchise and brand equity. · Marketers see a brand as an implied promise that the level of quality people have come to expect from a brand will continue with present and future purchases of the same product.
  • This may increase sales by making a comparison with competing products more favorable. It may also enable the manufacturer to charge more for the product.
  • The value of the brand is determined by the amount of profit it generates for the manufacturer. This results from a combination of increased sales and increased price.

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