contemporary study on nation branding

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Contemporary study on Nation Branding done as part of coursework for International Business Environment course

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NATION BRANDING

PREPARED FOR

Professor Syed Ferhat AnwarCourse Instructor: L301 INTERNATIONAL BUSINESS ENVIRONMENT

PREPARED BY

Group 9 BBA Batch 20 Section ANafisa Afsana Taskia RH–37 . Md. Fahmin Rahman ZR–15

Saad Ashraf ZR–40 . Aanisha Mahmood RH-59 . Sajeed Alam ZR-60

Institute of Business Administration, University of Dhaka . October 16, 2014

What is a

Nation Brand?

‘A nation’s “brand” generally refers to the common images,

perceptions and associations people have with that nation.

Therefore, “nation branding’ is an important tool used by

countries to create, change or promote a distinct self-image

and international reputation that serves the nation’s interests

in a positive and effective way.’

IN OTHER WORDS….

• Infrastructure

• Governance

• National identity and reputation

• Culture

• Tourism

• Talent attraction and major international events

• Product branding leading to the development of a nation

brand

• Significance of competitive advantage in nation brand

building

• Globalization and global business stimulating nation brand

building

CONVERGING ON….

Why is Nation Branding important?

Designed in the

USAMade in

VIETNAM

Air Zoom Sole made in

CHINA

Sold at over 700 stores in 6continents

• COST OF PRODUCTION

• FINANCIAL INCENTIVES (TAX

BREAKS)

• BUSINESS ENVIRONMENT

• INVESTMENT CLIMATE

• POLITICAL & ECONOMIC

STABILITY

• EDUCATION & SKILLS OF

WORKFORCE

From the Supply Side:

How isNation Branding

assessed?

Anholt-GFK Nation Brands Index

NATION BRAND

METHODOLOGY

• Measures the and of a country’s

• Value judgments on only

• 2013 Survey Methodology:

interviews

Of people from only

Sample age group: adults aged

Anholt-GFK Nation Brand Index: Overall Brand Ranking (top 10 of 50 nations)

2013

NBI rank

Nation 2012

NBI rank

1 United States 1

2 Germany 2

3 United Kingdom 3

4 France 4

5 Canada 5

6 Japan 6

7 Italy 7

8 Switzerland 8

9 Australia 9

10 Sweden 10

--- --- ---

20 Brazil 20

22 Russia 22

23 China 23

31 India 27

BrandFinance Nation Brand Impact TM Framework

SEGMENT INTERNAL EXTERNAL

Investment Domestic Investment Inward Investment

Tourism Domestic Tourism Foreign Tourism

Products & Services Domestic Brands Export Brands

People & Skills Domestic Talent International Talent

METHODOLOGY

48% increase in Brand Value, US$ 304 Billion Brand Value

Hub for Islamic Banking

Growing demand for Palm oil

Firm National progress (GDP 2020 target to be reached in 2018)

46% increase in Brand Value,

US$ 45 Billion Brand Value

38% increase in Brand Value,

US$ 83 Billion Brand Value

Bloom Consulting

METHODOLOGY

Ranking system for Trade (Investment)

Country Brand Ranking Trade (Investment) Edition 2013

Ranking system for Tourism

Country Brand Ranking Tourism Edition 2013

METHODOLOGY

FutureBrand 2012-13 Top Country Brands

BANGLADESH STANDINGS AND TAKEAWAYS

Phases of Nation Branding

Identifying existing issues with the current brand

a.

Education

R & D

AutomobilesFinancial institutes

Luxury items

Oil R&D

Identifying existing issues with the current brand

b.

MADE IN CHINA associated with poor

quality

USSR disintegration

in 1991; recession in

the late 90s

Drug trafficking

Apartheid, poverty,

corruption

NBI # 31

NBI # 25 NBI # 36

c.

Overpopulated,

corrupt, prone to

natural disasters

Post split from Malaysia

in 1965, suffered

identity crisis

Had to distinguish itself

from China

Starting the process of brand delivery

Starting the process of brand delivery

Starting the process of brand delivery

• •

The tools used for Brand Propagation

The tools used for Brand Propagation

a. People

The tools used for Brand Propagation

a. People

The tools used for Brand Propagation

a. People

The tools used for Brand Propagation

b. Media

The tools used for Brand Propagation

c. International Relations

The tools used for Brand Propagation

d. Military Statement

The tools used for Brand Propagation

e. Ministries

The tools used for Brand Propagation

e. Ministries: Tourism/Culture

The tools used for Brand Propagation

e. Ministries: Tourism/Culture

The tools used for Brand Propagation

e. Ministries: Tourism/Culture

The tools used for Brand Propagation

e. Ministries: Tourism/Culture

The tools used for Brand Propagation

e. Ministries: Tourism/Culture

The tools used for Brand Propagation

e. Ministries: Encouraging Immigration

The tools used for Brand Propagation

e. Ministries: Promoting R&D

• • •

The tools used for Brand Propagation

f. Education & Service Sector

The tools used for Brand Propagation

f. Education & Service Sector

The tools used for Brand Propagation

g. Investment

The tools used for Brand Propagation

h. Private tools

The tools used for Brand Propagation

h. Private Sector

The tools used for Brand Propagation

i. Exports

The tools used for Brand Propagation

i. Exports

The tools used for Brand Propagation

i. Exports

The tools used for Brand Propagation

i. Exports

The tools used for Brand Propagation

j. Special events

The tools used for Brand Propagation

j. Special events

The tools used for Brand Propagation

j. Special events

1. THE DYNAMICS OF NATION BRANDING –

2. DEVELOPMENT OF A NATION BRAND –

3. DELIVERY OF A NATION BRAND –

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