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How buyers are controlling your business

August 8th, 2010

The research company GlobeScan annually surveys a thousand top thought leaders, as well as the general public, in a majority of countries around the world on some really pertinent issues. At the Sustainable Brand Conference in 2007, Rob Kerr, Executive VP of GlobeScan, discussed recent key findings. That research showed how rapidly the consumer’s sense of empowerment is increasing. Does the consumer believe they possess the power to influence a company’s behavior? Over the last few years there is strong and steady growth in mainstream activism in most countries.

It’s no surprise there is now a strong belief that a company should be rewarded for being socially and environmentally responsible, but there is an even stronger sense that a company should be punished for harming social and environmental health. In North America, 46% of leaders say they would reward a company for good behavior while 55% say they would punish a company for behavior that may damage social or environmental health.  Now, that’s a sense of empowerment.

These statistics indicate there are a growing number of individuals around the world who feel they can apply pressure that will force companies to comply with their desires. And, of course, they are right. Companies desperately need those who will purchase their products or services. There is no business without someone to do business with.

It is interesting that the sixties helped us distrust authority, but it took until now sometime after the turn of the century—to really understand that the buyer, not the seller, has the power.

Self-indulgence in branding.

December 16th, 2009

My opinion is not a popular one in this industry, but the self-indulgent waste in the branding, advertising, and marketing was the thing that pushed me to the point of being philosophically opposed to the industry. I went on a quest to find a way to redeem “marketers,” and the result was a systematic, efficient approach that streamlines the evolution of a company, and subsequently, a new service offered by my company Pivot Lab. It’s the accumulation of years of soul searching, study, and practical application of the theories I collected along the way. These are the theories that succeeded in practical application in the real world of business. What use are ideas if they don’t produce the results we are looking for?

 

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