This document discusses branding and brand equity. It defines branding as endowing products with a brand to create differences between products. Brand equity is the added value provided to products and services by a brand. The Aaker model identifies five categories of brand assets and liabilities that contribute to brand equity: brand loyalty, brand awareness, perceived quality, brand associations, and other proprietary assets. The brand resonance model shows how brand identity, meaning, response, and relationships build brand resonance. Methods for measuring brand equity include brand audits, brand tracking, and brand valuation. Managing brand equity involves brand reinforcement, handling brand crises, brand extensions, and developing brand portfolios.