Biznology

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How Millennial Skepticism Will Shape Brands In The Future

Biznology

A key reason for this lack of optimism among these younger generations is the disruptive impact from the 2008 great recession. Will their pessimism deter economic growth, or instead encourage innovation and even create new opportunities for re-positioning brands and engaging employees?

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3 Big trends converging for big branding opportunities

Biznology

76% believe it is acceptable for brands to support good causes and make money at the same time (a 33% increase from 2008). • 72% would recommend a brand that supports a good cause over one that doesn’t (39% increase since 2008). maximize shareholder wealth). •

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Today’s big branding issue: what should companies stand for?

Biznology

Then the collapse of Lehman Brothers in 2008 triggered the Great Recession. Does anyone wonder why these Millennials are so cynical about career prospects or loyalty at large companies? Not long after their published article on corporate law, huge companies suddenly crashed – e.g. Enron, Arthur Andersen, and WorldCom.

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The “Name Game” challenge: creating that ideal brand name

Biznology

It is strategic, with the long term goal of cultivating a relationship of trust and loyalty. Not a new archetype (see Newsweek’s cover story in 1986, the “Year of the Yuppie”), but still used to describe the more successful types, those with piles of new money acquired before the 2008 recession.

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What the Crumbling State of the Media Means for Digital Marketing

Biznology

Loyalty to media brands is on the wane. A 2008 study by Robert McChesney and John Nichols found that the ratio of public relations workers to journalists was 3.6 With social media, people now graze for news and tend to read articles or view videos from an array of sources.

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Why Millennials Are Resistant to Advertising and Politics

Biznology

Sharing certain types of information is essential for building brand loyalty – on the quality of a product (39%), their experience with the product (30%) and most important, a brand giving back to society (75% said this is “fairly/very important”). The answer for marketers is to engage, not “sell’ to Millennials.