Marketing is the way your people answer the phone, the typesetting on your bills and your return policy.
Seth GodinRead
Brands are all about trust. That trust is built in drops and lost in buckets.
Interpretation
Building trust in a brand takes time and effort, but losing it can happen quickly and easily.
This quote by Kevin Plank emphasizes the critical nature of trust in branding. It suggests that while establishing trust with customers takes consistent effort and small, incremental actions, it can be dismantled swiftly by significant failures or missteps, highlighting the delicate balance brands must maintain in their relationships with consumers.
In practice
In a business meeting when discussing brand strategy.
Marketing is the way your people answer the phone, the typesetting on your bills and your return policy.
Business today consists in persuading crowds.
I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
The reality is the Lean Startup method is not about cost, it is about speed. Lean startups waste less money, because they use a disciplined approach to testing new products and ideas.
China is very entrepreneurial but has no rule of law. Europe has rule of law but isn't entrepreneurial. Combine rule of law, entrepreneurialism and a generally pro-business policy, and you have Apple.
Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.
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