Last fall, Harris Interactive discovered that people are growing more and more skeptical of the statements that companies make. In fact, 44% of poll respondents think all 17 industries included in the study are generally not honest and trustworthy. They normally don’t believe company statements. From 2003-2007, such distrust grew from 37% to 44% of respondents.
Because people are growing less trusting of advertising and direct messages from companies, it is important to try to create relationships with your target audience. Relationships build trust. They tear down misconceptions, doubts, and stereotypes. And they do so because they make the unfamiliar familiar.
Of course, not just any relationship will do. You must be authentic. Be transparent. Accentuate your desire to meet their needs with your product or service. If money is your priority, it will likely show and compromise the relationship’s authenticity. But if the customer is your priority, customers will notice and begin giving you the priceless gift of their trust.
People are most loyal to companies they trust. When trust becomes increasingly scarce, it makes earning it all the more valuable.




You’re right man.
Infact Seth Goden says marketing is dead.
And it is also the reason why building a loyal customer base takes years and years to develop.
It’s that brand equity that develops with years and years of being known by people and earning their trust.
We are seeing the impact of this longevity equity play out in the Presidential elections too. McCain and Clinton the front-runners are there because they have been on the political scene the longest. [I know of late Obama is making great strides]
Barack realized that, that is why he is says he is no longer interested in doing debates because Clinton already has name recognition and he needs to get on the campaign trail so people can get to know him and . . .
trust him . . . .
So they can become a loyal ‘customer’ . . . .
And vote for him.
[...] the Dilution of Trust Posted on February 9, 2008 by brendanwitton Kent Shaffer had a very interesting post on the current dilution of trust in the minds of people regarding [...]