Rebranding Place Flashcards
(9 cards)
What is REBRANDING?
Developments aimed at changing negative perceptions of a place, making it more attractive to investment.
What is REGENERATION?
Investment of capital + ideas into an area to revitalise + renue its socioeconomic and environmental conditions.
What is REIMAGING?
Developments associated with rebranding, usually involving cultural, artistic, or sporting elements.
WHY would a place REBRAND?
If a place aquired a negative brand/ current brand is failing to attract sufficient investment, then rebranding can be attempted through process of reimaging + regeneration.
What is a BRAND ARTEFACT?
Physical environment e.g. houses, infrastructure
* create new environment
* reuse existing environment
* remove old environment
What is a BRAND ESSENCE
People’s experience of a brand
* living in city
* working in city
* visiting city
* talking about city
What is a BRANDSCAPE
comparison with competitor cities
* local
* regional
* national
* international
What are STRATEGIES FOR REBRANDING A PLACE?
- MARKET LED: private investors to make profit e.g. property development or business owners (restaurants) GENTRIFICATION (influx of rich residents who change place- has impacts)
- TOP-DOWN: large scale organisations e.g. slum resettlement schemes in Dharavi, Mumbai- high rise buildings; self help schemes would have been preferred by locals
- FLAGSHIP DEVELOPMENTS: large scale, one off property developments with distinctive architecture which act as catalyst for investment and regeneration
- LEGACY: International sporting events which bring investment and regeneration to a place e.g. Olympics in London (2012)
- EVENTS OR THEMES: major festivals are also a catalyist- also beneficial socioeconomic development
what different elements are involved in the rebranding process (no matter what strategy used)?
- ARCHITECTURE: reinforce heritage look/ promote modern place identity e.g. Covent Garden area in central London (reuse if existing building)
Can change how people USE place, therefore changing place image - HERTIAGE USE: can revitalise a place; historic buildings or landmarks to promote community identity/ increase tourism. E.g. Wessex Tourist Board based regeneration on rich heritage of places like STONGE HENGE
- RETAIL: Growth in importance of consumer spending + ‘shopping experience’ - retail developments aid regeneration e.g Birmingham- flagship Selfridges store (2003)
- ART: events/ galleries e.g. Guggenheim Museam in Bilbao, Tate gallery in St. Ives Cornwall
Glastonbury/ other festivals contributes economically and culturally to image of place - SPORT: Olympic games, World Cup, F1 Grand Prix- catalyst for rebranding e.g. Bahrain- keen to establish itself in F1 list of races as part of rebranding as major hub at global scale
- FOOD: some places develop reputation for high quality food to aid rebranding e.g. Ludlow, Shropshire- ‘the food town’, servral restaurants with international reps for fine dining and food festivals