SlideShare ist ein Scribd-Unternehmen logo
1 von 15
Downloaden Sie, um offline zu lesen
Development of Countries
Human Asset Management
Business Strategy




Bloom Consulting
US State
Brand
Ranking ©
  2012                          Tourism
                                Edition




Bloom Consulting © Since 2003
US State
                                                                                        Brand
Development of Countries
Human Asset Management
                                                                                        Ranking ©
                                                                                        2012
Business Strategy
                                                                                                    Tourism
                                                                                                    Edition




Bloom Consulting US State Brand Ranking©
An Introduction

Bloom Consulting is proud to announce its entry into North America with the launch of
Bloom USA, based in Los Angeles, and the inaugural “American Edition” of its Country
Brand Ranking.

Bloom Consulting is the world’s leading country branding consultancy, headquartered in
Madrid, Spain. Already ranking over 160 countries around the world in Tourism and 150
in Trade, Bloom is now extending the benefits of its unique, proprietary approach to
branding geographies to the states, provinces, regions and cities of North America.

The Ranking measures the effectiveness of brand strategies used by each of the 50 US
states to attract Trade and Tourism.

Bloom Consulting uses hard facts, such as economic indicators and an analysis of official
state brand strategies, as well as soft data indicators, thus measuring the economic impact
of each state’s brand strategy for trade and tourism. Bloom Consulting takes into account
variables that define each state’s economic performance, as well as variables that charac-
terize each strategy’s accuracy, market acceptance and collective online presence. This
marks the first time that Online Search Demand (OSD) has been incorporated into a
ranking of this type.

Bloom Consulting’s US State Brand Ranking © is live, using up to the minute data com-
piled from social media trends, online statistics, and quarterly financial results. All data is
from authoritative sources, including the US Census, the US Travel Association, and the
official travel and/or tourism agencies for each state.




Bloom Consulting © Since 2003    losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 01
US State
                                                                                       Brand
Development of Countries
Human Asset Management
                                                                                       Ranking ©
                                                                                       2012
Business Strategy
                                                                                                   Tourism
                                                                                                   Edition




An introductory note from the CEO
Welcome

I am proud to present you with the Bloom Consulting US State Brand Ranking© 2012.

I must confess, I am proud to launch our first edition of the US State Ranking in
an election year! We sincerely hope the research and the ranking provides definitive
answers for the last five years of all fifty states’ branding performance. In other words,
with this ranking you can finally see who has actually been doing a good job in terms
of State Branding.

The results of the ranking have different variables explained later in this document.
In a nutshell, we rank each state based on who was able to attract more tourists due
to its brand strategy.

I encourage you to use our ranking internally. And please use it as an asset,
to demonstrate how important your state brand is to your economy.

Although we would have liked to give a detailed description of each state’s individual
brand strategy performance in this document, this is just an initial overview of our
research. However, if you are interested in finding more information about your state,
please do not hesitate to contact us. I would be happy to send you all the information
you require.

Welcome to the Bloom Consulting US State Brand Ranking © 2012. We hope you
appreciate the great results and findings as much as we do!




 José Filipe Torres - CEO Bloom Consulting

Bloom Consulting © Since 2003   losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 02
US State
                                                                                       Brand
Development of Countries
Human Asset Management
                                                                                       Ranking ©
                                                                                       2012
Business Strategy
                                                                                                   Tourism
                                                                                                   Edition




A word from the USA Managing Director
A bright future ahead

I am very pleased to bring the benefits of Bloom Consulting’s unique approach to strategy
and branding to North America. Over the last decade Bloom has earned the reputation as
the world’s leading country branding consultancy, with recognition from the likes of The
Economist and Forbes, and from clients like the European Commission, Poland, Portugal,
Spain and Latvia. As an example of Bloom’s track record of success, Bloom worked with
the government of Bulgaria to bring it from dead last to first in terms of investment in all
of Central and Eastern Europe.

Too often we see geographies in the US locked in a race to the bottom in terms of conces-
sions and labor costs with little net gain realized. Bloom looks at our clients’ internal
resources, internal perceptions and how they are perceived from the outside. Our unique
data-based approach to branding opens a window on what resources set states apart from
their neighbors, and where to find the best, most receptive audience for what they have to
offer. Our recommendations are not based on opinions and focus groups, but on sophisti-
cated data analysis.

I encourage you to take a close look at our US State Ranking, I am sure you will find
some surprises. If you would like to know more about how number 9 Michigan outper-
forms number 25 Massachusetts, for example, please contact us and take a deep dive into
our methods.

In the end, our work is about bettering people’s lives. By improving the economic perfor-
mance of communities around the world, Bloom has had a positive effect on the daily
lives of countless individuals and their families. This is why I am so excited to bring
Bloom to the USA.

I look forward to hearing from you.




Tim Roberts - Managing Director, Bloom USA

Bloom Consulting © Since 2003   losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 03
US State
                                                                                                          Brand
Development of Countries
Human Asset Management
                                                                                                          Ranking ©
                                                                                                          2012
Business Strategy
                                                                                                                       Tourism
                                                                                                                       Edition




Introduction to State and Destination Branding
The 3T approach ©

In creating a state brand strategy we focus on three main areas: attraction of trade,
tourism and talent.

The traditional approach when facing the challenge of attracting trade, tourism and talent
is to create, or simply improve, perceptions under one umbrella strategy. Ultimately this
will fail, as we see over and over again around the world. It’s impossible to communicate
entertainment to investors and simultaneously communicate a qualified and hardworking
workforce to potential tourists. They messages repel each other, destroying the core
objective. Most of the time agencies attempt a compromise in order to better create
an overall strategy. As a result, they weaken their brand, as each factor is not branded
up to its potential.

In order to solve the problem of having a single multi-dimensional strategy,
Bloom Consulting has developed a 3T approach to state branding that separates each T.

T1. Attraction of Trade
T2. Attraction of Tourism
T3. Attraction of Talent

Traditional “Umbrella” Strategy                                              Bloom Consulting’s 3T Approach ©


                       T1    T2      T3                                                           T2




                             GDP                                                                  GDP
                                                                               T1                                 T3
                            Impact                                                               Impact




This way, we’re able to calculate growth projections and calculations individually,
in order to better define the objectives of an overall strategy.


Bloom Consulting © Since 2003             losangeles@bloom-consulting.com / 888-576-0065 (PST)                         Page 04
US State
                                                                                                  Brand
Development of Countries
Human Asset Management
                                                                                                  Ranking ©
                                                                                                  2012
Business Strategy
                                                                                                              Tourism
                                                                                                              Edition




Bloom Consulting US State Brand Ranking ©
2012 TOURISM - Ranking

Rank                                                                                                SBS Rating ©

1.                         California                                                                    A

2.                         Florida                                                                     AAA

3.                         New York                                                                      A

4.                         Illinois                                                                    AAA

5.                         Texas                                                                         B

6.                         Michigan                                                                    AAA

7.                         Georgia                                                                       B

8.                         Pennsylvania                                                                BBB

9.                              Virginia                                                                 B

10.                             Colorado                                                                 A




Bloom Consulting © Since 2003              losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 05
US State
                                                                                                   Brand
Development of Countries
Human Asset Management
                                                                                                   Ranking ©
                                                                                                   2012
Business Strategy
                                                                                                               Tourism
                                                                                                               Edition



Rank                                                                                                   SBS Rating ©

11.                        New Jersey                                                                      AAA

12.                        Arizona                                                                         AAA

13.                        North Carolina                                                                      B

14.                        Nevada                                                                           CC

15.                        Massachusetts                                                                   BBB

16.                        Indiana                                                                         AAA

17.                        Hawaii                                                                           BB

18.                        Minnesota                                                                           A

19.                        Maryland                                                                            B

20.                        Wisconsin                                                                           A

21.                        Ohio                                                                                B

22.                        Washington                                                                          B

23.                        Missouri                                                                        BBB

24.                        Tennessee                                                                        CC
25.                        Washington DC                                                                       A

26.                        Oregon                                                                          BBB

27.                        Louisiana                                                                           A
28.                        Oklahoma                                                                            A
29.                        South Carolina                                                                      B

30.                        Arkansas                                                                         AA
31.                        Kentucky                                                                            A
32.                        Maine                                                                           AAA
33.                        Connecticut                                                                         B
34.                        Iowa                                                                                A
35.                        Utah                                                                            AAA



Bloom Consulting © Since 2003               losangeles@bloom-consulting.com / 888-576-0065 (PST)                   Page 06
US State
                                                                                                  Brand
Development of Countries
Human Asset Management
                                                                                                  Ranking ©
                                                                                                  2012
Business Strategy
                                                                                                              Tourism
                                                                                                              Edition



Rank                                                                                                  SBS Rating ©
36.                        Alabama                                                                            BB

37.                        Mississippi                                                                     BBB

38.                        New Mexico                                                                      CCC

39.                        Montana                                                                            C
40.                        Idaho                                                                           CCC

41.                        New Hampshire                                                                      CC

42.                        South Dakota                                                                       B

43.                        Wyoming                                                                            C

44.                        North Dakota                                                                    BBB

45.                        Nebraska                                                                           D

46.                        Alaska                                                                             B

47.                        Kansas                                                                             D
48.                        Vermont                                                                            B

49.                        West Virginia                                                                      BB

50.                        Rhode Island                                                                    BBB
51.                        Delaware                                                                        CCC




Bloom Consulting © Since 2003              losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 07
US State
                                                                                       Brand
Development of Countries
Human Asset Management
                                                                                       Ranking ©
                                                                                       2012
Business Strategy
                                                                                                   Tourism
                                                                                                   Edition




Bloom Consulting US State Brand Ranking©
Highlights

The overall results of the ranking indicate that although economic performance is crucial,
an accurate brand strategy as measured by the SBS Rating © can make or break a state.

California was the overall winner of the first Tourism
ranking. California’s long list of destinations known
world-wide, from sunny beaches and Hollywood
to San Francisco and the Golden Gate, make this an easy
guess, but the state backed up its economic dominance
with consistent branding excellence across the board.
Florida (2) and New York (3) are also very popular tourist destinations and so their strong
ratings and high ranking are expected, but Illinois’s strong performance was a surprise.
Thanks to its AAA ranking, Illinois edged ahead of its competitors.


A big shock, due to a AAA rating, was Michigan’s (6)
performance. Its top rating and branding performance
indicate the state is undergoing a very effective brand
renewal. Michigan is picking up speed and will be
fascinating to watch over the next few years.
The top ten was filled out by strong economic performers that lost momentum with only
average ratings. Georgia (7), Pennsylvania (8), and Virginia (9) barely managed to stay
ahead of Colorado (10).




Bloom Consulting © Since 2003   losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 08
US State
                                                                                       Brand
Development of Countries
Human Asset Management
                                                                                       Ranking ©
                                                                                       2012
Business Strategy
                                                                                                   Tourism
                                                                                                   Edition




Bloom Consulting US State Brand Ranking©
Highlights... Continued

Another state to watch, Colorado’s A rating and strong social media
performance allowed it to pull ahead of competitors like Utah (35), New Mexico (38)
and Montana (39). If Colorado improves to a AAA rating it could advance to the top 5.


Maine was another surprising winner in the ranking.
Though the placement (32) doesn’t appear impressive on
the surface, its tourism brand strategy is truly making an
impact, and this lifted the state out of the doldrums. Expect
Maine to continue to improve.
There was a noticeable weakness in the West and Midwestern states, with Montana (39),
Wyoming (43), Nebraska (45), and Kansas (47) as the most visible underperformers.
Their poor SBS Ratings © show a critical need for more accurate brand strategies. Most
states are still in the process of recovering from the recent recession; a strong tourism
industry can provide a near term boost to sagging economies.




Bloom Consulting © Since 2003   losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 09
US State
                                                                                                            Brand
Development of Countries
Human Asset Management
                                                                                                            Ranking ©
                                                                                                            2012
Business Strategy
                                                                                                                        Tourism
                                                                                                                        Edition




Understanding the Methodology
The Ranking Variables

The Bloom Consulting Algorithm, developed to create and calculate the ranking,
 takes into account both hard and soft data and includes groundbreaking processes
to show the relationship between a state’s economic performance and the projections
of the state’s brand strategy.

The ranking is derived from four variables that take into account both hard and soft data.
The ranking does not use any survey or interview based data, meaning that it provides
the most objective, accurate results possible.


Bloom Consulting Algorithm variables




                                 Web         SBS              Economic                              Bloom Consulting
      Social Media
      Performance               Analytics   Rating©          Performance                                US State
                                                                                                    Brand Ranking ©




Bloom Consulting © Since 2003                losangeles@bloom-consulting.com / 888-576-0065 (PST)                       Page 10
US State
                                                                                                         Brand
Development of Countries
Human Asset Management
                                                                                                         Ranking ©
                                                                                                         2012
Business Strategy
                                                                                                                     Tourism
                                                                                                                     Edition




Understanding the Methodology
The Ranking Variables more in detail

Economic Performance
Strategies and economic returns do not have an immediate cause and effect relationship,
therefore Bloom Consulting uses a long term (five years) economic analysis. This way,
the Ranking reflects more consistent trends rather than the volatile changes that might
occur in the recovering economic climate.
Bloom Consulting first looks at the state’s economic performance in tourism receipts
benchmarked against its peers. Bloom Consulting also computes the compound annual
growth rate (CAGR) from 2007 to 2011. This way, it is possible to garner how much the
industry grew or decreased and the impact it had on revenue.**

Bloom Consulting State Brand Strategy (SBS) Rating ©
Bloom Consulting also rates the impact of each state’s branding strategy. The SBS
Rating© takes into account the uniqueness of each state’s current brand strategy (Brand
Tags) and the accuracy of the Online Search Demand. A brand strategy that is more
unique and more aligned with tourist searches will receive a better Rating.

Web Analytics
Web analytics is an increasingly important component of every brand. In order to
measure the online presence of each state’s brand strategy, Bloom Consulting looked
at the official state tourism agency’s website as tracked by online web traffic reporters to
establish how many people visit each website and continue further or simply exit the site.

Social Media Performance
All state agencies already have websites, and now, an increasing number of them are
interacting with potential tourists through social networks. Bloom Consulting considers
that social networking will be even more crucial for gaining market share in the future, so
a state’s social media performance was evaluated by information from Twitter and Face-
book pages and the numbers of followers.




** All data is taken from US Travel Association


Bloom Consulting © Since 2003                     losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 11
US State
                                                                                           Brand
Development of Countries
Human Asset Management
                                                                                           Ranking ©
                                                                                           2012
Business Strategy
                                                                                                       Tourism
                                                                                                       Edition




Measuring State Brand Strategy Accuracy
The SBS Rating ©

The SBS Rating © is calculated using brand strategy economic performance analysis
and analysis of online search demand. The state brand strategy is measured through brand
tags, the key words that reflect the brand strategy of each state. For the first time in any
state or nation brand ranking, Bloom’s online search demand (OSD) is able to show if
a state supplies what tourists are seeking, and how well the state is matching this demand.

Brand tags function as the ‘supply’ side of the tourist-destination equation. Thousands
of brand tags were collected from each state’s official tourism agency and then classified
into 49 different clusters that relate to cultural tourism, holiday/leisure/recreational
tourism, nature or sports. Each cluster is assigned an economic value in order to rate
the relative returns gained from each brand tag.

Domestic and international tourist searches for the brand tags and related words were
then analyzed, state by state, in the most used search engines, to show the state’s accuracy
match and quantify Online Search Demand. By considering the OSD, Bloom Consulting
is able to show if a state offers what tourists are seeking, and how well the state is match-
ing this demand. This identifies the gap between supply and demand. The more accurate
a state is, the better the SBS Rating ©.

Just as international rating agencies rank countries’ credit risk, Bloom Consulting uses
the SBS Rating © to classify countries’ brand risk.

Score             Description

AAA               Very Strong
AA                Strong
A                 Slightly Strong
BBB               Very Good
BB                Good
B                 Slightly Good
CCC               Slightly Weak
CC                Weak
C                 Very Weak
D                 Poor


Bloom Consulting © Since 2003       losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 12
US State
                                                                                       Brand
Development of Countries
Human Asset Management
                                                                                       Ranking ©
                                                                                       2012
Business Strategy
                                                                                                   Tourism
                                                                                                   Edition




Bloom Consulting US State Brand Ranking©
FAQs

1) Who is this Ranking meant for?

Bloom Consulting US State Brand Ranking © is for anyone interested in place branding
from every perspective, whether you’re in government, academia, industry, finance,
or just find it interesting.

2) Why did Bloom Consulting create a Ranking?

Bloom Consulting created the Ranking to evaluate the impact of a state’s brand strategy
in economic terms and, above all, to answer the ever relevant question of how states
can become more attractive.

3) How does Bloom Consulting’s Ranking differ from other rankings?

Bloom Consulting’s Ranking uses variables and methodology to generate a ranking far
ahead of the field in terms of objectivity and innovation. Not only does Bloom Consulting
base its research on objective hard and soft facts, rather than using survey based data like
other rankings, it is also the first ranking to take tourist demand into account.

4) What is new in the 2012 edition of the Ranking?

First of all, it is the first “US Edition” of Bloom’s Country Brand Rankings. Second,
Bloom has improved its methodology over past rankings in order to deliver a more accu-
rate, more objective results. Tourist Online Search Demand (OSD) is now included in the
Bloom Algorithm. By analyzing consumer behavior and the effectiveness of state brand
strategies, the newest ranking raises the bar by giving a pioneering view of the tourism
industry from a supply and demand angle.

5) How can a state have a poor SBS Rating ©, but do well in the Ranking ©?

If a state has a negative SBS Rating ©, its brand strategy is not actively reflecting what
the state has to offer (in the eyes of tourist-demand). So even though its economic perfor-
mance might still be strong, the trade strategy is not taking advantage of the state’s unique
selling propositions.

Bloom Consulting © Since 2003   losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 13
US State
                                                                                       Brand
Development of Countries
Human Asset Management
                                                                                       Ranking ©
                                                                                       2012
Business Strategy
                                                                                                   Tourism
                                                                                                   Edition




Bloom Consulting
About

Bloom Consulting creates brand strategies for countries, regions, cities and companies all
over the world. What we create is unique, derived from solid experience and cutting edge
research and delivered with entrepreneurial flair. Our strategies make an impact where it
really counts: financially.

Bloom is the world leader in our field, with glowing recommendations from
the Economist and Forbes. After successfully working with governments and companies
around the world, our track record speaks for itself. Bulgaria rocketed from thirteenth
to first entrepreneurship economic position in Central and Eastern Europe after working
with Bloom. Latvia’s GDP improved 5% with Bloom’s strategy. Even McDonald’s sought
Bloom Consulting’s expertise when expanding into Latin America.

Bloom USA is located in Southern California, the creative hub for industries from Aero-
space to Biotech to Media and Entertainment. But Bloom’s vision goes beyond just the
USA, Bloom Consulting has successfully helped scores of governments and companies
around the globe come to terms with a rapidly changing competitive environment. We
have greater experience facing these challenges than anyone else in the business, but we
also use newer, more accurate methods. And as entrepreneurs, we look at results and
see opportunities.


For further information or enquiries
Please contact

Timothy Roberts - Managing Director, Bloom USA
troberts@bloom-consulting.com




Bloom Consulting © Since 2003   losangeles@bloom-consulting.com / 888-576-0065 (PST)               Page 14

Weitere ähnliche Inhalte

Was ist angesagt?

Bloom consulting countr brand raking tourism 2011
Bloom consulting countr brand raking tourism 2011Bloom consulting countr brand raking tourism 2011
Bloom consulting countr brand raking tourism 2011Bloom Consulting
 
Bloom Consulting Country Brand Ranking Trade 2011
Bloom Consulting Country Brand Ranking Trade 2011Bloom Consulting Country Brand Ranking Trade 2011
Bloom Consulting Country Brand Ranking Trade 2011Bloom Consulting
 
New York Tourism Model 2006-2102.
New York Tourism Model 2006-2102. New York Tourism Model 2006-2102.
New York Tourism Model 2006-2102. David Vicent
 
The Future of DMOs | the ECM manifest
The Future of DMOs | the ECM manifestThe Future of DMOs | the ECM manifest
The Future of DMOs | the ECM manifestTOPOSOPHY
 
New York City Tourism: A Model for Success
New York City Tourism: A Model for Success New York City Tourism: A Model for Success
New York City Tourism: A Model for Success Rafat Ali
 
BrandTango_Capabilities_JR
BrandTango_Capabilities_JRBrandTango_Capabilities_JR
BrandTango_Capabilities_JRJoe Russoniello
 
FutureBrand | BTO 2016 | Branding and destination marketing
FutureBrand | BTO 2016 | Branding and destination marketingFutureBrand | BTO 2016 | Branding and destination marketing
FutureBrand | BTO 2016 | Branding and destination marketingBTO Educational
 
DESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERY
DESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERYDESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERY
DESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERYTOPOSOPHY
 
Gatewaytojobsandgrowth2013
Gatewaytojobsandgrowth2013Gatewaytojobsandgrowth2013
Gatewaytojobsandgrowth2013Rafat Ali
 

Was ist angesagt? (9)

Bloom consulting countr brand raking tourism 2011
Bloom consulting countr brand raking tourism 2011Bloom consulting countr brand raking tourism 2011
Bloom consulting countr brand raking tourism 2011
 
Bloom Consulting Country Brand Ranking Trade 2011
Bloom Consulting Country Brand Ranking Trade 2011Bloom Consulting Country Brand Ranking Trade 2011
Bloom Consulting Country Brand Ranking Trade 2011
 
New York Tourism Model 2006-2102.
New York Tourism Model 2006-2102. New York Tourism Model 2006-2102.
New York Tourism Model 2006-2102.
 
The Future of DMOs | the ECM manifest
The Future of DMOs | the ECM manifestThe Future of DMOs | the ECM manifest
The Future of DMOs | the ECM manifest
 
New York City Tourism: A Model for Success
New York City Tourism: A Model for Success New York City Tourism: A Model for Success
New York City Tourism: A Model for Success
 
BrandTango_Capabilities_JR
BrandTango_Capabilities_JRBrandTango_Capabilities_JR
BrandTango_Capabilities_JR
 
FutureBrand | BTO 2016 | Branding and destination marketing
FutureBrand | BTO 2016 | Branding and destination marketingFutureBrand | BTO 2016 | Branding and destination marketing
FutureBrand | BTO 2016 | Branding and destination marketing
 
DESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERY
DESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERYDESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERY
DESTINATIONS AND COVID-19: HOW TO BUILD A SUSTAINABLE PATH TO RECOVERY
 
Gatewaytojobsandgrowth2013
Gatewaytojobsandgrowth2013Gatewaytojobsandgrowth2013
Gatewaytojobsandgrowth2013
 

Andere mochten auch

Bloom consulting us state brand ranking trade 2012
Bloom consulting us state brand ranking trade 2012Bloom consulting us state brand ranking trade 2012
Bloom consulting us state brand ranking trade 2012Bloom Consulting
 
Bloom consulting country brand ranking tourism 2012
Bloom consulting country brand ranking tourism 2012Bloom consulting country brand ranking tourism 2012
Bloom consulting country brand ranking tourism 2012Bloom Consulting
 
Bloom Consulting Country Brand Ranking Tourism 2011
Bloom Consulting Country Brand Ranking Tourism 2011Bloom Consulting Country Brand Ranking Tourism 2011
Bloom Consulting Country Brand Ranking Tourism 2011Bloom Consulting
 
Alguien piensa en ti
Alguien piensa en tiAlguien piensa en ti
Alguien piensa en tisof2123
 
Portugal Profile 4 - Territorios
Portugal Profile 4 - TerritoriosPortugal Profile 4 - Territorios
Portugal Profile 4 - TerritoriosAntónio Alvarenga
 
Actividades Portuárias no nível nacional para o Futuro 2011
Actividades Portuárias no nível nacional para o Futuro 2011Actividades Portuárias no nível nacional para o Futuro 2011
Actividades Portuárias no nível nacional para o Futuro 2011Cláudio Carneiro
 
PLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOA
PLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOAPLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOA
PLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOACláudio Carneiro
 
“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar
“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar
“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminaraplop
 
Top 10 accounting (1)
Top 10 accounting (1)Top 10 accounting (1)
Top 10 accounting (1)fccccccsa
 
Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)
Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)
Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)aplop
 
Portugal Profile 5 - Ambiente e Desenvolvimento
Portugal Profile 5 - Ambiente e DesenvolvimentoPortugal Profile 5 - Ambiente e Desenvolvimento
Portugal Profile 5 - Ambiente e DesenvolvimentoAntónio Alvarenga
 
Transportes rodoviários 9º B ebí de abrigada
Transportes rodoviários  9º B  ebí de abrigadaTransportes rodoviários  9º B  ebí de abrigada
Transportes rodoviários 9º B ebí de abrigadaGilberto Fernandes
 
Programa CoopJovem - Lurdes Barata - CASES
Programa CoopJovem - Lurdes Barata - CASESPrograma CoopJovem - Lurdes Barata - CASES
Programa CoopJovem - Lurdes Barata - CASESPROUTugal
 
Plano Estratégico do Porto de Lisboa
Plano Estratégico do Porto de Lisboa Plano Estratégico do Porto de Lisboa
Plano Estratégico do Porto de Lisboa Cláudio Carneiro
 
Apresentação Prof. Doutor Rio Fernandes
Apresentação Prof. Doutor Rio FernandesApresentação Prof. Doutor Rio Fernandes
Apresentação Prof. Doutor Rio FernandesFDP PS Porto
 
Introduce cocoapods
Introduce cocoapodsIntroduce cocoapods
Introduce cocoapodsJason Huang
 

Andere mochten auch (20)

Bloom consulting us state brand ranking trade 2012
Bloom consulting us state brand ranking trade 2012Bloom consulting us state brand ranking trade 2012
Bloom consulting us state brand ranking trade 2012
 
Bloom consulting country brand ranking tourism 2012
Bloom consulting country brand ranking tourism 2012Bloom consulting country brand ranking tourism 2012
Bloom consulting country brand ranking tourism 2012
 
Bloom Consulting Country Brand Ranking Tourism 2011
Bloom Consulting Country Brand Ranking Tourism 2011Bloom Consulting Country Brand Ranking Tourism 2011
Bloom Consulting Country Brand Ranking Tourism 2011
 
Texto2 tema2 mooc_emma.doc
Texto2 tema2 mooc_emma.docTexto2 tema2 mooc_emma.doc
Texto2 tema2 mooc_emma.doc
 
Alguien piensa en ti
Alguien piensa en tiAlguien piensa en ti
Alguien piensa en ti
 
Portugal Profile 4 - Territorios
Portugal Profile 4 - TerritoriosPortugal Profile 4 - Territorios
Portugal Profile 4 - Territorios
 
Nuts
NutsNuts
Nuts
 
WMarket 16_EN_PT_Spread
WMarket 16_EN_PT_SpreadWMarket 16_EN_PT_Spread
WMarket 16_EN_PT_Spread
 
Actividades Portuárias no nível nacional para o Futuro 2011
Actividades Portuárias no nível nacional para o Futuro 2011Actividades Portuárias no nível nacional para o Futuro 2011
Actividades Portuárias no nível nacional para o Futuro 2011
 
PLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOA
PLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOAPLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOA
PLANO ESTRATÉGICO DE DESENVOLVIMENTO DO PORTO DE LISBOA
 
“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar
“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar
“Facilitação de Procedimentos nos Portos da CPLP” – Relatório Preliminar
 
Top 10 accounting (1)
Top 10 accounting (1)Top 10 accounting (1)
Top 10 accounting (1)
 
Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)
Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)
Grupo de Trabalho da APLOP sobre Transporte Marítimo (2)
 
Portugal Profile 5 - Ambiente e Desenvolvimento
Portugal Profile 5 - Ambiente e DesenvolvimentoPortugal Profile 5 - Ambiente e Desenvolvimento
Portugal Profile 5 - Ambiente e Desenvolvimento
 
Fixos e fluxos
Fixos e fluxosFixos e fluxos
Fixos e fluxos
 
Transportes rodoviários 9º B ebí de abrigada
Transportes rodoviários  9º B  ebí de abrigadaTransportes rodoviários  9º B  ebí de abrigada
Transportes rodoviários 9º B ebí de abrigada
 
Programa CoopJovem - Lurdes Barata - CASES
Programa CoopJovem - Lurdes Barata - CASESPrograma CoopJovem - Lurdes Barata - CASES
Programa CoopJovem - Lurdes Barata - CASES
 
Plano Estratégico do Porto de Lisboa
Plano Estratégico do Porto de Lisboa Plano Estratégico do Porto de Lisboa
Plano Estratégico do Porto de Lisboa
 
Apresentação Prof. Doutor Rio Fernandes
Apresentação Prof. Doutor Rio FernandesApresentação Prof. Doutor Rio Fernandes
Apresentação Prof. Doutor Rio Fernandes
 
Introduce cocoapods
Introduce cocoapodsIntroduce cocoapods
Introduce cocoapods
 

Ähnlich wie Bloom consulting us state brand ranking tourism 2012

Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)
Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)
Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)Perfect Holidays
 
Bloom consulting country_brand_ranking_tourism
Bloom consulting country_brand_ranking_tourismBloom consulting country_brand_ranking_tourism
Bloom consulting country_brand_ranking_tourismonetikk
 
Learn more about specialist recruiter Argyll Scott
Learn more about specialist recruiter Argyll ScottLearn more about specialist recruiter Argyll Scott
Learn more about specialist recruiter Argyll Scottefaulknerargyllscott
 
DMS Advertising Strategy
DMS Advertising StrategyDMS Advertising Strategy
DMS Advertising StrategyXue Kang
 
Craig Alspaugh Management And Achievement History
Craig Alspaugh Management And Achievement HistoryCraig Alspaugh Management And Achievement History
Craig Alspaugh Management And Achievement HistoryCraig Alspaugh
 
Nationalization at the Qatari Private Sector
Nationalization at the Qatari Private SectorNationalization at the Qatari Private Sector
Nationalization at the Qatari Private SectorDR Hend Al Muftah
 
Final- Company Analysis for BUS 4999
Final- Company Analysis for BUS 4999Final- Company Analysis for BUS 4999
Final- Company Analysis for BUS 4999Joel Brown
 
8 Steps to Successful Brand Reputation Measurement
8 Steps to Successful Brand Reputation Measurement8 Steps to Successful Brand Reputation Measurement
8 Steps to Successful Brand Reputation MeasurementLuca Sanfelici
 
RTSmith Resume Final
RTSmith Resume FinalRTSmith Resume Final
RTSmith Resume FinalTom Smith
 
Swott analysis and smart goals for NAWBO mentoring
Swott analysis and smart goals for NAWBO mentoringSwott analysis and smart goals for NAWBO mentoring
Swott analysis and smart goals for NAWBO mentoringNancy Sanders
 
Mike Friedly Resume
Mike Friedly ResumeMike Friedly Resume
Mike Friedly ResumeMTFriedly
 
Top 100 Global Banking and finance most powerful brands
Top 100 Global  Banking and  finance most powerful brandsTop 100 Global  Banking and  finance most powerful brands
Top 100 Global Banking and finance most powerful brandsSumit Roy
 
IMC Corporation Introduction
IMC Corporation IntroductionIMC Corporation Introduction
IMC Corporation Introductionapmancon
 
Country Branding Index 2009 With Luis Francisco
Country Branding Index 2009 With Luis FranciscoCountry Branding Index 2009 With Luis Francisco
Country Branding Index 2009 With Luis FranciscoLuis Francisco
 
The 10 most recommended management and strategy consultants
The 10 most recommended management and strategy consultantsThe 10 most recommended management and strategy consultants
The 10 most recommended management and strategy consultantsMerry D'souza
 
Deloitte Canada - Consulting Practice
Deloitte Canada - Consulting PracticeDeloitte Canada - Consulting Practice
Deloitte Canada - Consulting PracticeRichard Murray
 

Ähnlich wie Bloom consulting us state brand ranking tourism 2012 (20)

Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)
Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)
Estudio de Marcas Turisticas en el mundo 2012 (Bloom Consulting)
 
Bloom consulting country_brand_ranking_tourism
Bloom consulting country_brand_ranking_tourismBloom consulting country_brand_ranking_tourism
Bloom consulting country_brand_ranking_tourism
 
Resume
ResumeResume
Resume
 
Learn more about specialist recruiter Argyll Scott
Learn more about specialist recruiter Argyll ScottLearn more about specialist recruiter Argyll Scott
Learn more about specialist recruiter Argyll Scott
 
DMS Advertising Strategy
DMS Advertising StrategyDMS Advertising Strategy
DMS Advertising Strategy
 
Craig Alspaugh Management And Achievement History
Craig Alspaugh Management And Achievement HistoryCraig Alspaugh Management And Achievement History
Craig Alspaugh Management And Achievement History
 
Nationalization at the Qatari Private Sector
Nationalization at the Qatari Private SectorNationalization at the Qatari Private Sector
Nationalization at the Qatari Private Sector
 
Final- Company Analysis for BUS 4999
Final- Company Analysis for BUS 4999Final- Company Analysis for BUS 4999
Final- Company Analysis for BUS 4999
 
8 Steps to Successful Brand Reputation Measurement
8 Steps to Successful Brand Reputation Measurement8 Steps to Successful Brand Reputation Measurement
8 Steps to Successful Brand Reputation Measurement
 
RTSmith Resume Final
RTSmith Resume FinalRTSmith Resume Final
RTSmith Resume Final
 
resume4
resume4resume4
resume4
 
Who must lead employer branding?
Who must lead employer branding?Who must lead employer branding?
Who must lead employer branding?
 
Swott analysis and smart goals for NAWBO mentoring
Swott analysis and smart goals for NAWBO mentoringSwott analysis and smart goals for NAWBO mentoring
Swott analysis and smart goals for NAWBO mentoring
 
Mike Friedly Resume
Mike Friedly ResumeMike Friedly Resume
Mike Friedly Resume
 
Top 100 Global Banking and finance most powerful brands
Top 100 Global  Banking and  finance most powerful brandsTop 100 Global  Banking and  finance most powerful brands
Top 100 Global Banking and finance most powerful brands
 
feicolorado
feicoloradofeicolorado
feicolorado
 
IMC Corporation Introduction
IMC Corporation IntroductionIMC Corporation Introduction
IMC Corporation Introduction
 
Country Branding Index 2009 With Luis Francisco
Country Branding Index 2009 With Luis FranciscoCountry Branding Index 2009 With Luis Francisco
Country Branding Index 2009 With Luis Francisco
 
The 10 most recommended management and strategy consultants
The 10 most recommended management and strategy consultantsThe 10 most recommended management and strategy consultants
The 10 most recommended management and strategy consultants
 
Deloitte Canada - Consulting Practice
Deloitte Canada - Consulting PracticeDeloitte Canada - Consulting Practice
Deloitte Canada - Consulting Practice
 

Bloom consulting us state brand ranking tourism 2012

  • 1. Development of Countries Human Asset Management Business Strategy Bloom Consulting US State Brand Ranking © 2012 Tourism Edition Bloom Consulting © Since 2003
  • 2. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Bloom Consulting US State Brand Ranking© An Introduction Bloom Consulting is proud to announce its entry into North America with the launch of Bloom USA, based in Los Angeles, and the inaugural “American Edition” of its Country Brand Ranking. Bloom Consulting is the world’s leading country branding consultancy, headquartered in Madrid, Spain. Already ranking over 160 countries around the world in Tourism and 150 in Trade, Bloom is now extending the benefits of its unique, proprietary approach to branding geographies to the states, provinces, regions and cities of North America. The Ranking measures the effectiveness of brand strategies used by each of the 50 US states to attract Trade and Tourism. Bloom Consulting uses hard facts, such as economic indicators and an analysis of official state brand strategies, as well as soft data indicators, thus measuring the economic impact of each state’s brand strategy for trade and tourism. Bloom Consulting takes into account variables that define each state’s economic performance, as well as variables that charac- terize each strategy’s accuracy, market acceptance and collective online presence. This marks the first time that Online Search Demand (OSD) has been incorporated into a ranking of this type. Bloom Consulting’s US State Brand Ranking © is live, using up to the minute data com- piled from social media trends, online statistics, and quarterly financial results. All data is from authoritative sources, including the US Census, the US Travel Association, and the official travel and/or tourism agencies for each state. Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 01
  • 3. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition An introductory note from the CEO Welcome I am proud to present you with the Bloom Consulting US State Brand Ranking© 2012. I must confess, I am proud to launch our first edition of the US State Ranking in an election year! We sincerely hope the research and the ranking provides definitive answers for the last five years of all fifty states’ branding performance. In other words, with this ranking you can finally see who has actually been doing a good job in terms of State Branding. The results of the ranking have different variables explained later in this document. In a nutshell, we rank each state based on who was able to attract more tourists due to its brand strategy. I encourage you to use our ranking internally. And please use it as an asset, to demonstrate how important your state brand is to your economy. Although we would have liked to give a detailed description of each state’s individual brand strategy performance in this document, this is just an initial overview of our research. However, if you are interested in finding more information about your state, please do not hesitate to contact us. I would be happy to send you all the information you require. Welcome to the Bloom Consulting US State Brand Ranking © 2012. We hope you appreciate the great results and findings as much as we do! José Filipe Torres - CEO Bloom Consulting Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 02
  • 4. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition A word from the USA Managing Director A bright future ahead I am very pleased to bring the benefits of Bloom Consulting’s unique approach to strategy and branding to North America. Over the last decade Bloom has earned the reputation as the world’s leading country branding consultancy, with recognition from the likes of The Economist and Forbes, and from clients like the European Commission, Poland, Portugal, Spain and Latvia. As an example of Bloom’s track record of success, Bloom worked with the government of Bulgaria to bring it from dead last to first in terms of investment in all of Central and Eastern Europe. Too often we see geographies in the US locked in a race to the bottom in terms of conces- sions and labor costs with little net gain realized. Bloom looks at our clients’ internal resources, internal perceptions and how they are perceived from the outside. Our unique data-based approach to branding opens a window on what resources set states apart from their neighbors, and where to find the best, most receptive audience for what they have to offer. Our recommendations are not based on opinions and focus groups, but on sophisti- cated data analysis. I encourage you to take a close look at our US State Ranking, I am sure you will find some surprises. If you would like to know more about how number 9 Michigan outper- forms number 25 Massachusetts, for example, please contact us and take a deep dive into our methods. In the end, our work is about bettering people’s lives. By improving the economic perfor- mance of communities around the world, Bloom has had a positive effect on the daily lives of countless individuals and their families. This is why I am so excited to bring Bloom to the USA. I look forward to hearing from you. Tim Roberts - Managing Director, Bloom USA Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 03
  • 5. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Introduction to State and Destination Branding The 3T approach © In creating a state brand strategy we focus on three main areas: attraction of trade, tourism and talent. The traditional approach when facing the challenge of attracting trade, tourism and talent is to create, or simply improve, perceptions under one umbrella strategy. Ultimately this will fail, as we see over and over again around the world. It’s impossible to communicate entertainment to investors and simultaneously communicate a qualified and hardworking workforce to potential tourists. They messages repel each other, destroying the core objective. Most of the time agencies attempt a compromise in order to better create an overall strategy. As a result, they weaken their brand, as each factor is not branded up to its potential. In order to solve the problem of having a single multi-dimensional strategy, Bloom Consulting has developed a 3T approach to state branding that separates each T. T1. Attraction of Trade T2. Attraction of Tourism T3. Attraction of Talent Traditional “Umbrella” Strategy Bloom Consulting’s 3T Approach © T1 T2 T3 T2 GDP GDP T1 T3 Impact Impact This way, we’re able to calculate growth projections and calculations individually, in order to better define the objectives of an overall strategy. Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 04
  • 6. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Bloom Consulting US State Brand Ranking © 2012 TOURISM - Ranking Rank SBS Rating © 1. California A 2. Florida AAA 3. New York A 4. Illinois AAA 5. Texas B 6. Michigan AAA 7. Georgia B 8. Pennsylvania BBB 9. Virginia B 10. Colorado A Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 05
  • 7. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Rank SBS Rating © 11. New Jersey AAA 12. Arizona AAA 13. North Carolina B 14. Nevada CC 15. Massachusetts BBB 16. Indiana AAA 17. Hawaii BB 18. Minnesota A 19. Maryland B 20. Wisconsin A 21. Ohio B 22. Washington B 23. Missouri BBB 24. Tennessee CC 25. Washington DC A 26. Oregon BBB 27. Louisiana A 28. Oklahoma A 29. South Carolina B 30. Arkansas AA 31. Kentucky A 32. Maine AAA 33. Connecticut B 34. Iowa A 35. Utah AAA Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 06
  • 8. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Rank SBS Rating © 36. Alabama BB 37. Mississippi BBB 38. New Mexico CCC 39. Montana C 40. Idaho CCC 41. New Hampshire CC 42. South Dakota B 43. Wyoming C 44. North Dakota BBB 45. Nebraska D 46. Alaska B 47. Kansas D 48. Vermont B 49. West Virginia BB 50. Rhode Island BBB 51. Delaware CCC Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 07
  • 9. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Bloom Consulting US State Brand Ranking© Highlights The overall results of the ranking indicate that although economic performance is crucial, an accurate brand strategy as measured by the SBS Rating © can make or break a state. California was the overall winner of the first Tourism ranking. California’s long list of destinations known world-wide, from sunny beaches and Hollywood to San Francisco and the Golden Gate, make this an easy guess, but the state backed up its economic dominance with consistent branding excellence across the board. Florida (2) and New York (3) are also very popular tourist destinations and so their strong ratings and high ranking are expected, but Illinois’s strong performance was a surprise. Thanks to its AAA ranking, Illinois edged ahead of its competitors. A big shock, due to a AAA rating, was Michigan’s (6) performance. Its top rating and branding performance indicate the state is undergoing a very effective brand renewal. Michigan is picking up speed and will be fascinating to watch over the next few years. The top ten was filled out by strong economic performers that lost momentum with only average ratings. Georgia (7), Pennsylvania (8), and Virginia (9) barely managed to stay ahead of Colorado (10). Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 08
  • 10. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Bloom Consulting US State Brand Ranking© Highlights... Continued Another state to watch, Colorado’s A rating and strong social media performance allowed it to pull ahead of competitors like Utah (35), New Mexico (38) and Montana (39). If Colorado improves to a AAA rating it could advance to the top 5. Maine was another surprising winner in the ranking. Though the placement (32) doesn’t appear impressive on the surface, its tourism brand strategy is truly making an impact, and this lifted the state out of the doldrums. Expect Maine to continue to improve. There was a noticeable weakness in the West and Midwestern states, with Montana (39), Wyoming (43), Nebraska (45), and Kansas (47) as the most visible underperformers. Their poor SBS Ratings © show a critical need for more accurate brand strategies. Most states are still in the process of recovering from the recent recession; a strong tourism industry can provide a near term boost to sagging economies. Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 09
  • 11. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Understanding the Methodology The Ranking Variables The Bloom Consulting Algorithm, developed to create and calculate the ranking, takes into account both hard and soft data and includes groundbreaking processes to show the relationship between a state’s economic performance and the projections of the state’s brand strategy. The ranking is derived from four variables that take into account both hard and soft data. The ranking does not use any survey or interview based data, meaning that it provides the most objective, accurate results possible. Bloom Consulting Algorithm variables Web SBS Economic Bloom Consulting Social Media Performance Analytics Rating© Performance US State Brand Ranking © Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 10
  • 12. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Understanding the Methodology The Ranking Variables more in detail Economic Performance Strategies and economic returns do not have an immediate cause and effect relationship, therefore Bloom Consulting uses a long term (five years) economic analysis. This way, the Ranking reflects more consistent trends rather than the volatile changes that might occur in the recovering economic climate. Bloom Consulting first looks at the state’s economic performance in tourism receipts benchmarked against its peers. Bloom Consulting also computes the compound annual growth rate (CAGR) from 2007 to 2011. This way, it is possible to garner how much the industry grew or decreased and the impact it had on revenue.** Bloom Consulting State Brand Strategy (SBS) Rating © Bloom Consulting also rates the impact of each state’s branding strategy. The SBS Rating© takes into account the uniqueness of each state’s current brand strategy (Brand Tags) and the accuracy of the Online Search Demand. A brand strategy that is more unique and more aligned with tourist searches will receive a better Rating. Web Analytics Web analytics is an increasingly important component of every brand. In order to measure the online presence of each state’s brand strategy, Bloom Consulting looked at the official state tourism agency’s website as tracked by online web traffic reporters to establish how many people visit each website and continue further or simply exit the site. Social Media Performance All state agencies already have websites, and now, an increasing number of them are interacting with potential tourists through social networks. Bloom Consulting considers that social networking will be even more crucial for gaining market share in the future, so a state’s social media performance was evaluated by information from Twitter and Face- book pages and the numbers of followers. ** All data is taken from US Travel Association Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 11
  • 13. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Measuring State Brand Strategy Accuracy The SBS Rating © The SBS Rating © is calculated using brand strategy economic performance analysis and analysis of online search demand. The state brand strategy is measured through brand tags, the key words that reflect the brand strategy of each state. For the first time in any state or nation brand ranking, Bloom’s online search demand (OSD) is able to show if a state supplies what tourists are seeking, and how well the state is matching this demand. Brand tags function as the ‘supply’ side of the tourist-destination equation. Thousands of brand tags were collected from each state’s official tourism agency and then classified into 49 different clusters that relate to cultural tourism, holiday/leisure/recreational tourism, nature or sports. Each cluster is assigned an economic value in order to rate the relative returns gained from each brand tag. Domestic and international tourist searches for the brand tags and related words were then analyzed, state by state, in the most used search engines, to show the state’s accuracy match and quantify Online Search Demand. By considering the OSD, Bloom Consulting is able to show if a state offers what tourists are seeking, and how well the state is match- ing this demand. This identifies the gap between supply and demand. The more accurate a state is, the better the SBS Rating ©. Just as international rating agencies rank countries’ credit risk, Bloom Consulting uses the SBS Rating © to classify countries’ brand risk. Score Description AAA Very Strong AA Strong A Slightly Strong BBB Very Good BB Good B Slightly Good CCC Slightly Weak CC Weak C Very Weak D Poor Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 12
  • 14. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Bloom Consulting US State Brand Ranking© FAQs 1) Who is this Ranking meant for? Bloom Consulting US State Brand Ranking © is for anyone interested in place branding from every perspective, whether you’re in government, academia, industry, finance, or just find it interesting. 2) Why did Bloom Consulting create a Ranking? Bloom Consulting created the Ranking to evaluate the impact of a state’s brand strategy in economic terms and, above all, to answer the ever relevant question of how states can become more attractive. 3) How does Bloom Consulting’s Ranking differ from other rankings? Bloom Consulting’s Ranking uses variables and methodology to generate a ranking far ahead of the field in terms of objectivity and innovation. Not only does Bloom Consulting base its research on objective hard and soft facts, rather than using survey based data like other rankings, it is also the first ranking to take tourist demand into account. 4) What is new in the 2012 edition of the Ranking? First of all, it is the first “US Edition” of Bloom’s Country Brand Rankings. Second, Bloom has improved its methodology over past rankings in order to deliver a more accu- rate, more objective results. Tourist Online Search Demand (OSD) is now included in the Bloom Algorithm. By analyzing consumer behavior and the effectiveness of state brand strategies, the newest ranking raises the bar by giving a pioneering view of the tourism industry from a supply and demand angle. 5) How can a state have a poor SBS Rating ©, but do well in the Ranking ©? If a state has a negative SBS Rating ©, its brand strategy is not actively reflecting what the state has to offer (in the eyes of tourist-demand). So even though its economic perfor- mance might still be strong, the trade strategy is not taking advantage of the state’s unique selling propositions. Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 13
  • 15. US State Brand Development of Countries Human Asset Management Ranking © 2012 Business Strategy Tourism Edition Bloom Consulting About Bloom Consulting creates brand strategies for countries, regions, cities and companies all over the world. What we create is unique, derived from solid experience and cutting edge research and delivered with entrepreneurial flair. Our strategies make an impact where it really counts: financially. Bloom is the world leader in our field, with glowing recommendations from the Economist and Forbes. After successfully working with governments and companies around the world, our track record speaks for itself. Bulgaria rocketed from thirteenth to first entrepreneurship economic position in Central and Eastern Europe after working with Bloom. Latvia’s GDP improved 5% with Bloom’s strategy. Even McDonald’s sought Bloom Consulting’s expertise when expanding into Latin America. Bloom USA is located in Southern California, the creative hub for industries from Aero- space to Biotech to Media and Entertainment. But Bloom’s vision goes beyond just the USA, Bloom Consulting has successfully helped scores of governments and companies around the globe come to terms with a rapidly changing competitive environment. We have greater experience facing these challenges than anyone else in the business, but we also use newer, more accurate methods. And as entrepreneurs, we look at results and see opportunities. For further information or enquiries Please contact Timothy Roberts - Managing Director, Bloom USA troberts@bloom-consulting.com Bloom Consulting © Since 2003 losangeles@bloom-consulting.com / 888-576-0065 (PST) Page 14