The document discusses cola brand preferences in blind and identified taste tests. In blind tests, Pepsi was preferred over Coke by 51% to 47%, but when brands were identified, Coke was preferred by 65% to Pepsi's 23%. It defines branding as differentiating products from competitors through names, symbols, or designs. Successful brands create a perception that no other product is equivalent. Personal branding is marketing oneself and one's self-impression to others, with examples given of basic steps like self-reflection, identifying audiences, and communicating one's brand through strategies and social media.