5.B - rebranding strategies Flashcards
what is rebranding?
development aimed at changing negative perceptions of a place, making it more attractive to investment
what is reimaging?
developments associated with rebranding usually involving cultural, artistic or sporting elements.
what is a place’s brand?
- a place’s brand is the popular image that place has aquired and by which it is generally recognised
- objective (location)
- subjective (safety etc)
why might places need to rebrand?
- if a place has aquired a negative brand then rebranding can be attempted
- in today’s increasingly globalised world, places are competing not just regionally, but nationally and internationally for investment
- places seek to rebrand because their current brand is failing to attract sufficient investment
how are placemaking and rebranding different?
- placemaking = physical aspects like making it look more presentable
- rebranding = changing PERCEPTIONS of place (advertising etc)
what 3 key terms does rebranding involve?
- brand artefact (the physical environment)
- brand essence (people’s experiences of the place)
- brandscape (reputation of a place)
what is the brand artefact?
the physical environment
what is the brand essence?
people’s experiences of the place
what is the brandscape?
The reputation of a place
how can SPORT be used to rebrand places?
- major international sporting events, such as the Olympic Games, a world cup or F1 Grand Prix, can be the catalyst that helps kick start rebranding
- focuses on the LEGACY of the event
- Bahrain has been very keen to establish itself on the F1 list of races as part of the rebranding of the place as a major hub at the global scale
- sometimes it doesn’t work e.g. Rio Olympics
- Bath Rugby central to the brand of Bath
how can ART be used to rebrand places?
- both through art galleries and events
- galleries such as the Guggenheim Museum in Bilbao and the tate gallery in St Ives have been pivotal in the rebranding of these places
- art events such as the edinburgh and glastonbury festivals contribute economically and culturally to the image of where they are based
- Banksy - Stokes croft rebranded around that graffiti (bottom up)
how can HERITAGE be used to rebrand places?
- nearly always plays a role and can revitalise a place
- the Wessex tourist board has based much of its rebranding of this rural region on the rich heritage of the region
- e.g. ancient monuments such as Avebury and Stonehenge
- the areas that need rebranding in the UK often link to their industrial past
- e.g. SS GB, Titanic museum belfast, Stratford-Upon-Avon (shakespeare)
how can RETAIL be used to rebrand places?
- Time space compression has changed retail rebranding. more independent shops due to a decline in highstreet
- with the growth in importance of consumer spending and the increased emphasis given to the “shopping experience”, rebranding can be aided by retail developers
- the flagship Selfridges store opened in 2003 has become an icon of the rebranding of central birmingham
- further developments have followed in the area such as the rebuilding of New Street Station
- Dubai has sought to raise its international profile through the shopping experience it offers
what is a flagship development?
- large scale, one off property projects with distinctive architecture
- they act as a catalyst to attract further investment and regeneration
- e.g. Millenium Stadium Cardiff
how can ARCHITECTURE be used to rebrand places?
- nearly always plays a role and can be used to reinforce a particular heritage look or promote the place as modern/forward looking
- examples include the covent garden area in central London for the reuse of existing buildings
- or the Pompidou Centre in Paris for the tranformative effect of radical design
- architecture is not just about the look of a place, it can also alter how people use a place and thus change its image
- O2, Sydney Opera House