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What is Retro Brand Marketing

Handbook of Research on Sustainable Development and Economics
Focused on enhancing brand identity and equity of a heritage product while keeping a check on sustainable use of heritage resources to minimize externalities. This form of marketing helps negotiate and adapt old notions to new environments and changing demand.
Published in Chapter:
Smart Sustainable Marketing of the World Heritage Sites: Teaching New Tricks to Revive Old Brands
Deepak Chhabra (Arizona State University, USA)
Copyright: © 2015 |Pages: 20
DOI: 10.4018/978-1-4666-8433-1.ch013
Abstract
This chapter revisits the author's earlier findings that scrutinized online marketing strategies employed by the world heritage sites (WHS) based on a predetermined set of sustainability indicators. Recent data shows that, for the most part, the WHS continue to lack behind in sustainable initiatives to promote their sites in a responsible manner. Only slight improvement is noted in terms of efforts to seek host community views on how the local heritage should be showcased and the manner on which culturally appropriate representations can be promoted. In the light of unexpected decreased visitation levels at most of the WHS, as reported by literature, a retro brand marketing strategy is suggested which strives to marry the rich historical past of the sites with the present need. A smart sustainable marketing agenda is proposed to improve brand equity and facilitate coordination between different stakeholders of the heritage sites and to attract increased visitations.
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