This document discusses branding strategies and the brand-product matrix. It explains that the brand-product matrix and brand hierarchy help define relationships between brands and products to formulate branding strategies. The matrix maps brands against product lines to determine how brand elements are applied. This clarifies brand awareness, improves consumer understanding of similarities and differences, and motivates brand image to maximize equity transfer between brands and products. The document provides an example matrix and discusses brand extension and portfolio strategies to maximize market coverage while minimizing brand overlap.