Paper No. 3.1 The paper aims to identify the mental processes which constitute the domain of consumer based brand equity (CBBE). The paper identifies 4 main components to brand equity namely global brand attitude, brand heuristics, brand knowledge and strength of preference. Furthermore, a conceptual framework is constructed along with drawn out testable hypothesis which investigate the impact of brand heuristics and global brand attitude on both brand knowledge and strength of preference. The findings indicate that brand heuristics play an essential role in explaining how global brand attitudes held by the consumers form a part in developing brand knowledge and eliciting preferences. The issues raised are significant especially with regards to the understanding and operationalization of CBBE. The paper examines four components which through review of extant literature form an integral part of CBBE with respect to how it is seen as a cognitive process from the point of view of the consumer. Ideally this form of information is useful for both academicians and managers in understanding the mediums through which marketing messages can be relayed and how they are perceived by the consumers with further examination of the type of behaviors which are then elicited by the consumers in response to these said messages. The authors come up with a testable model through which they investigate role of creating brand knowledge and preference. They employ empirical analysis through the use of structured equation modeling in order to determine the significance of the associations which they have created. They use inter category analysis within the FMCG sector as the two products which they use are soap and toothpaste. The authors posit that one of their main findings was that brand heuristics play an important role in explaining the type of attitudes which are formed by the consumers and how they contribute to brand knowledge. My main concern lies in the generalizability of this sort of proposed framework. The authors findings for low involvement FMCG goods may not be mirrored in researches which are focused on investigating CBBE of high involvement goods such as luxury items e.g. smartphones, automobiles etc. Furthermore CBBE with regards to service related brands is not given any significance within this research. Future researches can focus on the cognitive processes underlying high involvement brands with regards to both products and services so that generalizability can be obtained. Also, more variables can be added to the present framework to better engage consumer behaviors.