The present research deals with conceptualization of the city branding model in Iran. The extracted model is based on the grounded theory as a qualitative research approach using theoretical sampling method with semi-structured interviews with 18 experts of various fields of marketing, urban management, and economic and tourism. Afterwards, to enhance its external credit a questionnaire was set and the elites' ideas in this regard were assessed. To sum up, findings of this research showed that the phenomenon of city branding in the country is influenced by several factors that were classified into causal, interventional and ground conditions. Also different economic-social results and mental effects were raised as the consequences of the city branding strategies implementation. Hereof, it is suggested that, studying the current situation of branding and the available (internal and external) image of their cities, city managers would develop the strategy of city branding and, if needed, they modify inappropriate internal and external image of natural and human geography of cities through changing, re-positioning, and reproducing the image, create decent position in the minds of target addressees. In this regard, the presence of convinced citizens who can create a stable identity for their city and advocate the city branding strongly can guarantee the success of any branding programs.