Strategic brand management provides guidelines in selecting strategies strategies for each of the components of the positioning strategy, forming the leading edge of efforts to influence buyers' positioning of the company's brands. Brand strategy needs to be matched to the right value chain, pricing, and promotion strategies. Product decisions shape both corporate and marketing strategies, and are made within the guidelines of the corporate mission and objectives. The major product decisions for a strategies business unit include selecting the mix of products to be offered, deciding how to position a SBU's product offering, developing, and implementing strategies for the products in the portfolio, selecting the branding strategy for each product, and managing the brand portfolio.Most successful corporations assign an individual or organizational unit responsibility for strategic brand management. Product managers for planning and coordinating product activities are used by many companies, although new customer- and market-based structures are increasing in popularity.Brand equity is a valuable asset that requires continuous attention to build and protect the brand's value. The equity of a brand includes both its assets and liabilities, including brand loyalty, name awareness, perceived quality, brand associations, and proprietary brand assets. Increasingly, companies are measuring brand equity to help guide product portfolio strategies, and adopting regular brand health checks. Mature brands may require specific revitalization approaches. Managers must be aware also of existing and emerging strategic brand vulnerabilities.