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Customer-based place brand equity and investments: study of West Bengal

Author

Listed:
  • Sunny Bose

    (IBS Hyderabad (Under IFHE- A Deemed to-be University u/s 3 of The UGC Act))

  • Sudeepta Pradhan

    (E - 106, IBS Hyderabad (Under IFHE- A Deemed to-be University u/s 3 of The UGC Act))

  • Dwarakanath Siriguppi

    (IBS Hyderabad (Under IFHE- A Deemed to-be University u/s 3 of The UGC Act))

  • Santosh Kumar Alreddy

    (IBS Hyderabad (Under IFHE- A Deemed to-be University u/s 3 of The UGC Act))

Abstract

Some places command greater interests among tourists for prospective visits owing to its place brand equity. Similarly, the places that command higher interests among prospective investors attract higher investments as well. Administrative machinery of ‘places’ engages in public diplomacy so that the ‘place’ can create positive impact among the target audience. This study tests the relationships between the perspectives of customer-based place brand equity (CBPBE) namely, destination branding, public diplomacy and investment attractiveness. The study checks for the impact of destination branding and public diplomacy perspectives of CBPBE on the investment attractiveness perspective. Considering ‘West Bengal’ as the place brand, the study also tests the operationalizability of recent place brand equity scales. Finally, based on the responses given about West Bengal’s brand equity policy implications and insights are discussed.

Suggested Citation

  • Sunny Bose & Sudeepta Pradhan & Dwarakanath Siriguppi & Santosh Kumar Alreddy, 2019. "Customer-based place brand equity and investments: study of West Bengal," Place Branding and Public Diplomacy, Palgrave Macmillan, vol. 15(2), pages 67-77, June.
    • Handle: RePEc:pal:pbapdi:v:15:y:2019:i:2:d:10.1057_s41254-019-00121-x
    DOI: 10.1057/s41254-019-00121-x
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    References listed on IDEAS

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    1. Ahmad Jafari Samimi & Somaye Sadeghi & Soraya Sadeghi, 2013. "The Relationship between Foreign Direct Investment and Tourism Development: Evidence from Developing Countries," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 5(2), pages 59-68, July.
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    Cited by:

    1. Candi Clouse & Ashutosh Dixit & Nazli Turken, 2020. "The role of place image for business site selection: a research framework, propositions, and a case study," Place Branding and Public Diplomacy, Palgrave Macmillan, vol. 16(2), pages 174-186, June.
    2. Saikat Banerjee, 2021. "Factors impacting state branding communication success: a mediating and multigroup analysis," Place Branding and Public Diplomacy, Palgrave Macmillan, vol. 17(4), pages 317-335, December.

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