7 of 10 consumers think transparency attractive for brands
7 of 10 consumers think transparency to be one of a brand’s most attractive qualities. 🔍
That is according to Accenture, who also indicates that 4 of 10 consumers will also give a brand a second chance if they come clean and publicly apologies for misdeeds, while 6 of 10 consumers want companies to stand up for the issues they are passionate about. 🤔 🙂 😃
Read more about it in Accenture’s report here: https://lnkd.in/eNtKj4F
A great example of the this is the comeback of Volkswagen AG after the Diesel Gate scandal which started in 2015. After a time period of coming clean Volkswagen's sales have increased their stock value in 2021, it is now 100% higher than 2015, most likely due to customer / investor recognition of increased transparency and maybe more important their hard pivot to greener transport (e.g. electricity vehicles ⚡🚗🚐 ).
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We Don't Have Time
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194 w
Dear Douglas Marett
Thank you for getting your climate love to level 2!
We have reached out to Volkswagen News and requested a response.
I will keep you updated on any progress!
/Adam We Don't Have Time
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Douglas Marett
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195 w
Ingmar, great to hear about more uptake on the ID.4. 🚙
I also really like the ID.Buzz 🚐 🙂
I personally bought VW shares a couple years ago when they announced the push for dozens of EV models.
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Ingmar Rentzhog
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195 w
I agree with you Douglas. My new car is an electric VW ID.4 and I did a lot of research about VW sustainability work before I bought it.
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194 w
Dear Douglas Marett Thank you for getting your climate love to level 2! We have reached out to Volkswagen News and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time
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195 w
Ingmar, great to hear about more uptake on the ID.4. 🚙 I also really like the ID.Buzz 🚐 🙂 I personally bought VW shares a couple years ago when they announced the push for dozens of EV models.
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195 w
I agree with you Douglas. My new car is an electric VW ID.4 and I did a lot of research about VW sustainability work before I bought it.