Sunday, September 09, 2007

When corporations deny free advertising…

I wonder why sometimes –well, actually many times, corporations deny free advertising. This happens all the time when a university or post-graduate student chooses a corporation as a case study for a subject. They deny to give information about the company and its activities. I certainly understand that some information is confidential and classified and they cannot reveal it but there are many things that they can pass to a student or a group which chooses that corporation as their assignment.

This is the way I think, correct me if I am wrong:

When a student or a group approach me I would at least be kind enough to listen to them. When they say that they chose me as their assignment that would be a great occasion for my company because they know my company and they respect it. They chose ME! They prefer to study me because either I have conquered their hearts or at least I have an impact (even a negative one) on them. That is publicity; and it’s free. By all means I don’t want to waste it! I will release the information that is not confidential and with great pleasure, as a matter of fact. That information will not go to the competition; that would be presented in a class full of potential customers. Many students will hear about me, they will get aware of me, they will learn about my tactics, they will remember me when they purchase relevant products and ideally they will switch brands. Actually the student or the group of students, with this assignment may switch brand because they will inevitably get highly involved. Even if they are already buying my products now, at least I have that information available and I have built some relations.

In most cases corporate managers deny that information either out of luck of time -customer acquisition and public relations seems to them like a waste of time!!!- Or they just don’t care! They usually don’t even deny that information kindly; they just ignore you like they want to irritate you as much as possible. Well Done! You turn your prospective customers into enemies which will never buy again from you and furthermore they will spread negative publicity about you!

4 comments:

Unknown said...

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James William……
Unique Selling Proposition

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