1) A product is something made by a company that can be purchased, while a brand is built on consumer perceptions and experiences with a company's products and services.
2) For a product to become a branded, a company needs to establish consistent branding through distinctive messaging, look, and delivery that becomes associated with the product in consumers' minds.
3) Strong brands create emotional loyalty that makes consumers insist on that particular brand instead of easily substituting a competitor's product.