Trust Me. I’m In Marketing.

Trust isn’t what it used to be, because there isn’t much left. A report by Richard Edelman surveys people from countries around the globe to see who they trusted or not. Trust in government is low, but then again no sane person really trusts that much concentrated power. Trust in the media has plummeted as alleged journalists have removed their masks to expose their unmade partisan and ideological faces. Only businesses and NGOs (non-governmental organizations) score above the 50% mark, and they do so with no margin for error. Who the heck is this Trust fellow? All relationships are built on trust. If you don’t believe that, go buy a candy bar and think about the layers of trust incorporated in a simple purchase. You trust the maker of the candy bar not to poison you, which means you trust their trust in agricultural and chemical suppliers. You trust the … Continue reading

Branded Lies

If you want to destroy a brand, just lie a little. Some recent political news (on which I won’t elaborate to avoid ruffling friendly feathers) is a case study in bad marketing by incorrectly setting the market’s expectations and misleading buyers. This is a cardinal sin in the Marketing religion, and those guilty of the sin will burn in the pits of unemployment lines. All relationships are built on trust, and all transactions are relationships. Even small one. When you buy a candy bar at the corner store, you trust that the reported weight is close to accurate, the contents are faithfully reported, that the snack isn’t poisonous and that the store has not substituted inferior goods. That’s a lot of trust behind a 50¢ transaction and fleeting relationship. Had any of those trust points been violated, you would never again buy that candy bar or shop at that store. … Continue reading