International Scientific Journals
of Scientific Technical Union of Mechanical Engineering "Industry 4.0"

The main issues are considered in this topic: In this paper is explained the product life cycle model, the brand life cycle model, the comparison between them. The objective of this paper is to present what is brand, brand positioning, the difference between branding and brand refresh, what is branding and what is brand refresh and how to apply it to your image. When you can rebrand or use brand refresh, what is brand strategy and the questions that can be the first step in developing a successful brand strategy.