There are several perspectives and strategies regarding branding. Branding involves differentiating products and services from competitors through names, symbols, and images to build brand identity and equity over time. Marketers aim to position brands to create a desired image in consumers' perspectives. Consumers develop perceptions of brand culture and value beyond just product attributes. There are various models for structuring relationships between brands, product lines, and portfolios, including product brands, line brands, range brands, umbrella brands, source brands, and endorsing brands. Building strong brand equity relies on developing brand awareness, desirable associations, loyalty, and share of category expenditure over time.