Investment Areas- Branding

February 23rd, 2009

Branding a city

Branding a city

Brian Lehrer had a fascinating piece today on how the public sector took on a private sector strategy to save New York during the 1970’s. The city invested in Branding. Faced with a failing economy, rising crimes rates and a bad reputation New York officials created the iconic campaign “I Love NY”.

My main takeaway from the piece was the comment Miriam Greenberg made about branding. She said that branding is a combination of both marketing and material, that you need more than just a great message. I completely agree.

There’s a lot of discussion about what companies and governments should invest in during these times. There’s healthcare, or education, or infrastructure. If anyone said branding, I bet the suggestion was widely dismissed.  But if you take Ms. Greenberg’s use of the term, its really not such a bad idea.  Branding helps people identify with products and if anything needs support of the people right now, its the economy. Its our cities and local businesses.  Its going to be the new products.

So for every project that we are launching, stimulus or not, lets make sure we put a solid branding effort into it too.

A lesson for the public and private sector alike.

One Response to “Investment Areas- Branding”

  1. Stacey Derbinshire Says:

    Great post. I will read your posts frequently. Added you to the RSS reader.

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