Place marketing is an effort through administrative analysis regarding a place. The technical strategy for selling and marketing a place maximizes the profit through effective process; it increases the place value as real estate; it has been perceiv...
Place marketing is an effort through administrative analysis regarding a place. The technical strategy for selling and marketing a place maximizes the profit through effective process; it increases the place value as real estate; it has been perceived as a new strategic method of development business. City governance appeared as the role and responsibility of local governments increased along with the burdens of promoting neoliberal-like independent progress and development method of region and city. And the competition of urban areas using place marketing is continuing the effort to preoccupy the urban areas along with the dilemma of zero-sum game. Such structure of city development was originated from the conflict relationships of elements that form city and region and was exposed, and it focuses on the regional development through a smooth plan of promoting business within the region and the effectiveness maximization of the place, rather than on the solution of geographically unbalanced development that is capitalistic.
The problem can be found in the sense of regional difference that is generated from such development structure, lack of community spirit, uniform urban landscape caused by the monopoly of big capitalism, area secession caused by the increase of land value, and unstable social structure due to the change in economic population.
If the purpose of real estate development is limited to the increase of land value, it is nothing but instrumental building action, which can only be silent regarding the understanding and responsibility toward regional development. However, if land and real estate become physical foundations of developing complex space that includes history and geography, economy, and culture by combining space and time within the category of place, it must reestablish the definition of (the sense of) place and participate in regional development.
Especially, the real estate development regarding the practical use of the land for public use must consider the regional infrastructure and people’s convenience by understanding and securing the distinct characteristics and public character of the place. The purpose and establishment method of place marketing should be classified according to the use of the land for public use and private land, and the step-by-step process that agrees with the character of the land must be reestablished.
First, the strategic systems analyses of the senses of place, identity, and entrepreneurialism are necessary by studying the place in the humane perspective and by subdividing the characteristics of the place marketing, which is the combination of administrative techniques of marketing. Also, the role of place marketing in the development of land for public use has an implication from the approach of the development paradigm and space political economy.
The strategy of place marketing that used the land for public use was reestablished based on the examples of the Hongdae area. The problem of development example and the suggestion for the supplement point of direction were subdivided after categorizing them into the place strategy and marketing strategy, and the strategic response and direction toward the vitalization of region and the sense of regional place were set.
The method of place recognition as the identity through the rootage of place and the space of flow is a selective position, which the developing subject must do first. It could be a vague starting point, but it could become the basic start that can consider individual’s individuality and singularity while being aware of capitalism that dominates the modern society as the specific universal. Place marketing is used as a strategic tool from such planning step, and it has self-identity that connotes the place itself to be a purpose. It has a limit to consider the entire classes of interest in the urban area, but it is the time to have regional and urban discussions based on the place that reflects the interests of the entire classes in the physical and economical combinations of the society.