Department of Marketing and Customer Management Objectives • Understanding Destination Branding and Brand Equity concepts • To conceptualize the Strategic Brand Management process for Destinations. • Analyse the above two in Ghanaian Context by analysing a promoted destination in Ghana. • Replicating the model to a popular non-promoted destination. Points of Discussion • Branding serves to create associations and relationship of trust • Destination Branding provides a key to what the place is about, its offers and the unexplored experiences it harnesses • Branding Country, Region and City aims at building and managing national reputation and creates a visual image of the country which can impact many other areas of nation’s performance. eg- Foreign Investors Principles of Destination Branding • Purpose and Potential • Truth • Aspirations and Betterment • Inclusiveness and Common Good • Creativity and Innovation • Complexity and simplicity • Connectivity • Things take time Benefits of Destination Branding
• Branding helps to reduce the choice.
• Reduces the impact of Intangibility. • It conveys consistency across multiple outlets and through time. • Reduces risk factor attached to decision-making about holidays. • It facilitates precise segmentation. • Provides a focus for the integration of producer’s effort, making different stakeholders work towards the same outcome. Positioning a Destination Brand Key Challenges • Limited funding as compared to other goods and services. • Establishing equilibrium between cutting edge brand promotions and management and bureaucracy. • Managing unstable external environment- global, regional and national conflicts, disasters and economic challenges. • Matching scales with changing consumer preferences- from products to emotional experiences • Developing core competencies , differentiation factors which are hard to be replicated. Destination Brand Models • Kaplanidou and Vogt Model
• Cai’s Model
• The Relational network brand model (Hankinson Model)
• Brands-box Model
• Marcllo Risitano’s destination branding model
Performance Measurement • Source of information behind destination knowledge. (Reliability and Extensiveness) • Willingness to visit the destination. (Image based decision-making) • Key attractions of the destination.
• Most preferred period for visiting the location.
• Whether or not the promotion reflects the major
attractions of the location. Thought Value Parameters • Destination Brand Equity