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IBM Essay
IBM Essay
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Actual Word Count: 1971
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Table of Contents
1.0: Introduction......................................................................................................................................3
1.1: Brief Description of the Place...........................................................................................................3
1.2: Evolution of the Place.......................................................................................................................3
1.3: Reason of Choice:.............................................................................................................................3
2.0: Critical Analysis of National Museum of Colombo............................................................................4
2.1: Brand Positioning of the Colombo Museum.....................................................................................4
2.2: Brand Symbol...................................................................................................................................4
2.3: Brand Uniqueness.............................................................................................................................5
2.4: Brand Products.................................................................................................................................5
2.5: Brand Services..................................................................................................................................5
2.6: Brand as a Person:............................................................................................................................6
3.0: Positioning Strategy and Impact of Recent Event.............................................................................6
4.0: Recommendations............................................................................................................................7
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1.0: Introduction
This essay aims to critically analyze and evaluate the National Museum of Colombo as a brand
in the international market. A detailed analysis of its position will be provided in terms of its
image as a brand in the market, the brand equity and brand strategies that have been used by this
place to position itself as a brand in the international market. The essay provides a brief
introduction of this place in its historical perspective and how it evolved. Different brand
theories will be applied to evaluate its market position and how it changed in the light of recent
events in Colombo. In the end, recommendations will be provided to for improving the image of
this place as a brand and repositioning its place it the market.
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2.0: Critical Analysis of the National Museum of Colombo
This section provides a critical analysis of the National Museum of Colombo as a brand in the
international market. Appropriate place branding theory will be applied to comprehend the
evaluation. Different facets of place branding for museum such as brand uniqueness, symbol,
product, services, and personality will be critically analyzed to understand its position in the
marketplace.
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the Colombo Museum, there is no such slogan, but the different art galleries and National
Museum Library contribute to making its value in the international market.
5
divisions in the museum and provide them with information regarding the artefacts. One special
service provided by the museum in the auditorium, where customers can watch cultural and
historical movies and attend different seminars. As the museum is big, the department of national
museum extends its services to its customers by proving them a bus facility to move around and
take a tour.
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to its customers. It provides a range of services to its customers that keeps them connected.
Museum is a not for profit organization that has a purpose to call customers around the world to
experience its richness in the arts and literature. It connects people from different cultures and
provide them with knowledge about the past era. Target audience of this museum include the
students and teachers who have access to the library and other divisions to learn. Government
officials and tourists also widen the customer base. Competitors of this brand are The
Metropolitan Museum of Art and Brooklyn Museum who have a competitive advantage in the
marketplace. Recently, the market positon of National Museum got disrupted due to unfortunate
event of explosion in Sri Lanka. The Eater bombing incident in April, 2019 (Staff, 2019) has
affected the amount of tourists that make their way to Sri Lanka every year to visit this museum.
Explosion was a result of target killing specifically on the tourists and Christians living in the
capital Colombo, Sri Lanka. This has affected the image of brand in a negative way and resulted
in the decrease in tourist influx to Sri Lanka this year.
4.0: Recommendations
This section provides few recommendations on how the National Museum can improve its
market position and attract new customers from different sectors such as business, history buffs
and culture seekers.
i. Museum needs to widen its customer base. It should focus on other customers as well
other than the students, teachers and tourists.
ii. Museum should a stronger presence online as most of the people search online about
it first if they want to visit.
iii. Museum should focus on the other aspects of art such as music and dance to attract
more customers.
iv. Museum should make effective cultural and historical slogans to people feel more
attached and connected to it.
v. Government should fund this organization to develop a research center so that young
people can engage themselves in preserving the museum.
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5.0 References:
Museum.gov.lk. (2019). Colombo National Museum. [online] Available at:
http://www.museum.gov.lk/web/index.php?
option=com_regionalm&task=regionalmuseum&id=6&Itemid=73&lang=en [Accessed 26 Jul.
2019].
Lanka, S. (2017). National Museum | Colombo, Sri Lanka Attractions. [online]
Lonelyplanet.com. Available at: https://www.lonelyplanet.com/sri-
lanka/colombo/attractions/national-museum/a/poi-sig/450639/357443 [Accessed 26 Jul. 2019].
Heding, T., Knudtzen, C.F. and Bjerre, M., (2015). Brand management: Research, theory and
practice. Routledge.
Lloyd, S. and Woodside, A.G., (2013). Animals, archetypes, and advertising (A3): The theory
and the practice of customer brand symbolism. Journal of Marketing Management, 29(1-2),
pp.5-25.
Kemp, E., Childers, C.Y. and Williams, K.H., (2012). Place branding: creating self-brand
connections and brand advocacy. Journal of Product & Brand Management, 21(7), pp.508-515.
Fetscherin, M., Boulanger, M., Gonçalves Filho, C. and Quiroga Souki, G., (2014). The effect of
product category on consumer brand relationships. Journal of Product & Brand
Management, 23(2), pp.78-89.
Leckie, C., Nyadzayo, M.W. and Johnson, L.W., (2016). Antecedents of consumer brand
engagement and brand loyalty. Journal of Marketing Management, 32(5-6), pp.558-578.
Veloutsou, C. and Taylor, C.S., (2012). The role of the brand as a person in business to business
brands. Industrial Marketing Management, 41(6), pp.898-907.
Proctor, T., (2014). Strategic marketing: an introduction. Routledge.
Staff, T. (2019). Here's What to Know About the Easter Sunday Blasts in Sri Lanka. [online]
Time. Available at: https://time.com/5574723/easter-sunday-blasts-explosions-sri-lanka-what-to-
know/ [Accessed 26 Jul. 2019].