This document discusses the importance of brand management in creating a strong connection with customers and building brand equity. It explores different strategies of portfolio management, brand hierarchy, and brand equity management. The document also provides examples of successful brand management strategies implemented by Coca Cola. The importance of brand loyalty, perceived brand quality, brand perception, and brand values in building a successful brand strategy is highlighted. The document concludes with a discussion on the limitations of branding and the need for effective brand equity management.