Saturday, May 10, 2008

Marketing Abstract

Ugh..

After leaving all my articles locked up in my inacessible office (BPU is closed due to a three-day weekend) I had to kind of fake the rest of my abstract together as today was the deadline for application. This is what I get for dicking around. It isn't what I wanted, but down below is what I sent in. As soon as I hit the "send" button I regretted including the final paragraph - it is trying to do too much and I'm not sure it is as relevant as it could be. Also, the "research" I mention is barely begun so if I'm accepted there will be a shitstorm of emailing and computering to do.....

Oh well...

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International Tourism Opportunities in Korea: Opportunities for Autocatalytic Emergence

This paper will discuss Korea’s increasing tourism deficit in the context of international brand-creation and the particular opportunities that Korea’s current lack of brand gives the nation. The United Nations World Tourism Organization (2006) calculates that in 2003 International tourism accounted for roughly 6 per cent of exported international goods and services (as measured in U.S. Dollars). When focusing exclusively on service exports, this number jumps to an astounding 30 per cent. Korea, unfortunately, has not been able to take advantage of this market.

According to data from the Korea Tourism Organization (2008), Korea’s tourism deficit not only continued to climb as Korea entered 2008, but it topped $10 billion (on an annual basis) in 2007. Korean travelers overseas spend $15.8 billion dollars while foreign visitors to Korea spent a mere $5.7 billion dollars. This problem is not a recent one, although its scope has dramatically increased (As recently as 2004, the deficit was a ‘mere’ $3.8 billion). Worse, Korea’s market share of Asian-Pacific tourism has been dropping. From 1990 to 2005 Korea was one of only three Asian Pacific countries to lose market share (Mongolia, which is statistically nonexistent, and Indonesia were the other states), going from 7.7% of the region to 4%. (UNTWO, 2006)
This problem has not escaped the notice of Korean politicians, policy-makers, and those in the tourist-dependent industries. New Korean President Lee Myung-bak has promised, “We can no longer leave domestic tourism unattended. I will come up with measures to develop the tourism industry into a future growth engine of our economy.” These promises follow on several decades of similar promises that have been without successful issue.

This deficit is the result of a handful of historical and social realities. First, Korea has not forged an international brand. Attempts at branding have been inconsistent at best, frequently having little or no impact on potential tourists. Part of the difficulty in effective branding stems from a deficit in, or perhaps a lack of, appropriate market research. Lacking understanding of what potential tourists desire, Korea is consequently unable to develop campaigns, symbols, slogans, or even advertisements, that appeal to foreigners. The inconsistent nature of Korean branding has left Korea with no ‘image’ in the international community. In comparison to neighboring countries, Korea is an international unknown. Secondarily, Korea has not fully addressed what Gi-Wook Shin (2003) calls its “paradox of globalization.” That is to say it has not fully reconciled its desire to extend itself to the entire globe with its sometimes contending desire to remain homogenous.

Using a theoretical framework borrowed from Gunn (1988), particularly focusing on notions of ‘organic’ and ‘induced’ images of potential tourist destinations, this paper will discuss some aspects of Korea’s historical inability to achieve appropriate international tourism results as well as the startling opportunities that this now leaves for Korea. Some of this discussion will center on original research which indicates that Korea has an undefined international brand and has sometimes misjudged its market’s tastes. This research includes a survey of travel-agencies, analysis of Korea’s position in “image-making” travel publications, and surveys and interviews with Korea-bloggers (that is, people who have extant knowledge of Korea).

With no existing international image, Korea finds itself in a rare position – it is first in line at its own palimpsest. Korea has an opportunity to create the initial conditions for the autocatalytic emergence of its own international tourist brand and success. These opportunities are focused around 8 related initiatives that can be loosely grouped into three categories:

BRANDING
• Branding Korea.
• Staying on focus.
• Involving citizens of targeted countries in developing branded materials.

IMAGE PROPAGATION
• Working with overseas ‘destination makers’ to extend the brand.
• Promoting Cultural Exchange at all levels of culture, not just the academic.
• Focusing on two kinds of tourists – Tour based tourists and ‘seekers’.

DOMESTIC EXPERIENCE
• Creating a comfortable experience for international tourists who do visit Korea.
• Understanding that driving tourism is not just economic but also cultural.

Finally, this paper will briefly analyze other tourist destinations (e.g. Hawaii and Japan) that have been successful at creating linked organic and induced images that now function autocatalytically on the international level. By applying the lessons learned, it should be possible for Korea to reverse its unfortunate trend in balance of tourism.

1 comment:

Anonymous said...

Well, with Monday marking Buddha's 2552nd Birthday, I can figure on reading about you needing a kayak for all the soju flowing in the streets all weekend. I figure you have all of next week off so your students can nurse the hangover. Enjoy.

HYS