Here are the key steps to creating an effective product brand: 1. Define your target market and product. Know who your customers are and what problem your product solves for them. 2. Develop your brand message. Craft a short, memorable statement that conveys what your brand stands for in solving your customer's problem. 3. Design your logo. Create a visual identity for your brand that reinforces your message through shapes, colors and imagery. 4. Develop your tagline. Write a catchy, easy-to-remember phrase that supports your brand message. 5. Apply your brand consistently. Use your logo and tagline together across all marketing materials to clearly identify your product and build brand recognition.