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Branding stands for all coordinated activities to build a lasting favorable public image - the brand. Brands are a company's most significant capital. Companies with stronger brands earn higher returns due to higher market expectations and increased buyer confidence. To create value, brands must build on existing corporate capital and then be envisioned with a strong personality that incorporates distinctive customer-focused benefits - rational, as well as emotional.
That is why a strategic and thoroughly implemented branding program is a crucial element of every corporate strategy, from the simplest to the most global and complex.
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