We had a pleasant chat with Professor William Straw, the Director of McGill Institute for the Study of Canada Professor, Department of Art History and Communications Studies. Professor Straw is interested in a range of topics, most of them having to do with media and cities. He is a world-renowned expert in urban culture. We asked him …
Why do place brands fail? The human-centered mistakes. Part 3
This is the last installment of our three-article series: "Why 86% of place brands fail?" First, we talked about the mistakes consultants make. Then, we addressed some of the common misperceptions of places. Today, we will conclude by discussing the role of leadership, consistency, and honesty. Let’s start with leadership. Needless to say, places need …
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Why do place brands fail? The mistakes of the places. Part 2
Previously, we mentioned that 86% of place brands fail. Then, we first examined the mistakes that brand consultants commit. Today, we will talk about the other half of the equation: The errors that places make. This essay is the second installment of our three-article series. As always, let's start by stating the obvious: a …
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Why do place brands fail? The mistakes of the consultant. Part 1
NEWS FLASH: 86% of place brands fail within a year of introduction! Over the past ten years, k629, a place-branding consultancy, has developed a database of more than 5,000 place brands. From that data source, they have found that only 14% of place brands continue a year from launch. They estimate nearly $75 million has been …
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Place branding failures caused by consultants
NEWS FLASH: Around the world, the place branding failure rate is 86%! Over the past ten years, k629, a place-branding consultancy, has developed a database of more than 5,000 place brands. From that data source, they have found that only 14% of place brands continue a year from launch, meaning the rate of place branding failures …
Continue reading "Place branding failures caused by consultants"