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Abstract

This study explores the significant influence of effective brand management on the success of products in the market. The study examines the aspects of brand management that affect consumer loyalty and market acceptance using the beer Star Lager as a case study. Data were gathered using a descriptive research design and questionnaires given to 200 respondents in the Surulere neighbourhood of Lagos, Nigeria. The study's findings highlight how brand attributes like taste, cost, television ads, and sales promotions influence consumer acceptance and loyalty. The study refutes presumptions regarding the impact of promotional products on consumer spending. It is concluded that maintaining market leadership and fostering competitive advantage depends on a strategic approach to brand management. The paper provides some recommendations for manufacturers, including a focus on key brand components, consistency in essential brand elements, and a preference for product development and customer satisfaction
Keywords: Brand Management, Product Performance, Customer Loyalty, Competitive Advantage, Consumer Satisfaction, Strategic Marketing, Promotional Strategies, Brand Consistency.