New study: Corporate reputation more important than ever

If people don’t like your company, they’re not going to buy from you.

In a new study by my old employer, Weber Shandwick, 69% of participants aid they frequently or regularly discuss how they fell about a product they bought. 70% said they avoid buying a product if they don’t like the company that makes it. And, no surprise, 88% said that word of mouth is still most  influences their opinion of a company.

More can be found here on the Forbes blog.

My take from the study: marketing (brand) and corporate communications (reputation) need to be one, or at least work a whole lot more closely than these organizations do in most large companies.

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