1. Comparing the Brand Value of Countries: Ranking of the Best Countries and Croatia.
- Author
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GLUVAČEVIĆ, DEJAN, SKOKO, BOŽO, and MILIČEVIĆ, KATARINA
- Subjects
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PLACE marketing , *BRAND image , *RESEARCH questions , *BRAND equity , *BRAND name products - Abstract
Brandi ng in international relations is no longer an added value, but a necessity. Countries that are trying to become globally recognizable and that are constantly developing their brand understand this very well. There is no single answer to the question of how strong a country is as a brand. That’s why tourists, consumers, the media and the public in general take different indexes of brand countries as relevant indicators. Regardless of the difference in their methodology, the best-known global indexes, included in this work, point to the importance of managing countries as brands and the influence of image on economic, political and other successes in the international market, which ultimately speaks to the importance of high positions on the indexes that enable the countries’ global media promotion. The aim of this paper is to present and clarify the methodology of the global index of brand countries, but with a special emphasis on Croatia as a brand. The authors analyze how the methodologies were set in each of the mentioned indexes, but also how the position of Croatia as a brand has changed in the last 10 years. In addition to the current position of Croatia according to the analyzed indexes, special emphasis will be placed on the areas in which Croatia can be considered a competitive and desirable country brand. For the purpose of this paper, the authors set two research questions, trying to find an answer which countries appear most often among the top ten countries in analyzed indexes. Also, by setting the second research question, the authors try to define how strong Croatia is as a brand according to the analyzed indexes and in which areas. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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