ReportWire

Tag: Brands

  • 5 Reasons to Work on a Personal Brand Yourself Instead of Outsourcing It

    5 Reasons to Work on a Personal Brand Yourself Instead of Outsourcing It

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    According to Pew Research Center, 74% of Americans trust someone with a respected personal brand, and over half would recommend, do business with or seek advice from these individuals.

    Many businesses and entrepreneurs outsource the job of building a personal brand to a PR agency. I’m convinced that in the case of personal branding, it’s always better when founders are deeply involved in building them and not just outsourcing it on the side as another campaign on social media.

    1. The proof is in the people

    Founders like Elon Musk, Gary Vaynerchuk and Sara Blakely have all successfully built companies entirely around their personal brands.

    Gary Vaynerchuk, a.k.a. Gary Vee, not only built his personal brand into a force of nature but leveraged it into an entire enterprise centered around helping others. His belief is that your brand must be “relentless, authentic and powerful,” which is something you can’t outsource to an agency.

    The founder of shapewear company SPANX, Sara Blakely, used her own struggles to create a brand that is not only beloved but relatable for people around the world. No PR agency could have captured her thoughts, feelings and convictions as honestly as she could herself. A self-made billionaire, it’s clear that Blakely made the right choice.

    Related: 4 Branding Tips From Gary Vaynerchuk and Entrepreneurs Who Built Brands the World Can’t Ignore

    2. Your perspective is unique and valuable

    Yes, PR firms have a portfolio of success stories and brand-building. However, it’s important to remember that these PR managers are writing and rewriting dozens of similar columns and thought pieces for their clients.

    The media is ravenous for fresh angles, “hot takes” and genuine, expert knowledge. This gives you an advantage. You need to come up with a list of topics that fall under your expertise. After that, you can expand on those topics either by offering a unique perspective or even a “spicy,” controversial opinion that can be shared as a way to spark discussion in the media. You can talk about that with your assistant or friends who you trust and ask about the spiciest and interesting points of your talk.

    Your writing doesn’t have to be perfect; you can hire an editor or collaborate with a copywriter to get the final form down just right. The important thing is to infuse your personality into the pieces and build your brand.

    3. Remember that you can’t delegate your voice

    As an entrepreneur, there are many things you can task others with doing. However, building your personal brand simply is not one of them. Nobody else in the world can replicate your voice, so you will always be presenting a watered-down version of yourself if you allow someone else to take the reins of developing your personal brand.

    For example, Reddit founder Alexis Ohanian has ensured from the beginning that his voice is loud, clear and all his own since day one. He is not afraid of speaking up about issues he’s passionate about, and he makes a point not to take himself too seriously. As a result, top tech companies want to collaborate with him.

    When you think about your online presence, try to allow glimpses into all of the important aspects of your life, showing a relatable, human side that strikes a chord with people.

    4. Journalists appreciate the personal touch

    Journalists love when founders and entrepreneurs send them emails and article ideas directly rather than using a PR agency as the middleman. This signals that the founder is serious about their goals and willing to put the work in. It also helps to build trust and rapport more quickly. Plus, it’s always great to receive ideas and drafts from the source directly.

    When pitching to journalists, remember that they get dozens or hundreds of these emails per week and, on average, only respond to about 3% of them. Take the time to understand the journalist and outlet before sending them a succinct and relevant pitch.

    Related: 5 Ways to Make Journalists Actually Want to Publish Your Brand’s Stories

    5. Research shows a personal brand can make or break your success

    At least 65% of people use the internet as a primary source of information about people. In the same way that it’s normal to Google a potential date or new acquaintance to learn about their lives, clients, employers, media and peers will do the same to learn about the founder before taking the next steps.

    Studies have proven that it only takes 50 milliseconds for someone to develop a first impression of you, and 94% of the time, this impression is based on design (a.k.a. feelings). The more you can showcase the things that make you stand out and prove you’re trustworthy, the more people will resonate with your personal brand and flock to you.

    Big PR firms can’t give you the unique, authentic voice you need to succeed, so skip spending on an agency, and keep your personal brand, well, personal.

    Related: How to Build a Personal Brand in 5 Steps

    [ad_2]

    Anastasia Chernikova

    Source link

  • 7 Secrets of Truly Successful Personal Brands

    7 Secrets of Truly Successful Personal Brands

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    The choice to launch your brand is noticeable. But creating a solid brand is essential. Authenticity, consistency, initiative, confidence, courage, and time are required to complete everything.

    Personal branding is not a thing to do because social media says so. Today it’s an essential element in your communication strategy, used by not only famous and influential people and big businesses but also every individual that wants to be seen, heard and ultimately valued.

    Globally, everyday people are already creating their own brands. The corporate branding machine enslavement is too much, so many professionals are leaving employment. It is crucial to build your brand authority because other than leading to commercial and reputational opportunities, it’s also positive for your self-expression.

    Better clientele, industry recognition and financial gains result from it. Due to declining trust in our institutions, customers trust individuals more than businesses; therefore, you should concentrate on establishing your personal (and business) brand as part of your elevation strategy.

    Check out these seven personal branding success secrets:

    1. Find and curate your “A-Team”

    A new brand’s path can be pretty tricky and resemble an endless race of overcoming technical, emotional and personal obstacles. A key component of overcoming these obstacles is finding and building a solid team that shares your vision and mission.

    Co-founders, workers, advisers, consultants, mentors, coaches and even dependable family members may be a part of your team — link your team selection to your values and ideals and favor compatibility above competence.

    Related: I’ve Interviewed and Hired Thousands of People. Here’s What to Keep in Mind Before Offering the Job.

    2. Tap into future trends and needs

    Adapting based on future trends and customer needs is pivotal because the world is evolving daily. For example, if Jeff Bezos tried setting up an online bookstore today, he would most possibly fail miserably. However, his foresight to know what customers need drove Amazon to a global ecommerce store today. Timing is everything!

    Likewise, knowing the market’s future can help your brand make the right moves and become successful. But it doesn’t imply it’s impossible to foresee how the corporate world will develop. What matters most is how analytically sound you are and how well-equipped you are to anticipate future events.

    Even though it won’t always be exact to a tee, this will give you a solid idea of where things are going. Making assumptions about future trends carries some calculated risk, but staying safe will never help you or your brand grow.

    Related: Looking for a New Business Idea? Here’s How to Identify What People Really Need

    3. Unlearn outdated trends to make way for the new

    For a brand to flourish, it is vital to unlearn in business. We can only build something fresh and distinctive if we let go of our outdated attitudes and practices—discovering a new project or closing a transaction with unexpected customers results from curiosity.

    Unlearning is a systematic strategy to advance and overcome barriers one at a time.

    Entrepreneurship success is composed of 20% learning and 80% unlearning. Remove the restrictive presumptions to make room for helpful information.

    4. Think fast for solutions and act fast

    One of the secrets to a great brand is having the capacity to think and respond quickly. Since environmental issues are worsening, the brand must move soon, seek eco-alternatives and sustainable solutions that reduce their adverse effects, and convey the concept of conscious living to the next generation as quickly as possible.

    Simply acting quickly and moving quickly to find answers can give you a competitive edge. If you are not in a technology-dominant business-like distribution, manufacturing, or something not typically controlled by technology firms, your rivals are probably advancing slowly. We must make many daily decisions, but some are more crucial than others.

    For example, eating is essential, but whether you choose a salad, chicken or a Big Mac is less important at the moment. You can think more rapidly if you can swiftly pick what to eat. Even if your choice weren’t the best, the effects would be minimal in the short term.

    5. Be adaptable and flexible

    Being an entrepreneur entails weighing possibilities and dangers equally. This will help you create a distinct brand and ensure its long-term survival and competitiveness. Many new brands tend to concentrate on a single item or service.

    Meanwhile, they frequently need to see the value of brand creation right away. Startup brands often think that the benefits of their products are evident and that the brand can speak for itself. You can only place that much faith in some potential consumers.

    You must include the development of your brand skills in your content strategy and make sure that the visuals reflect this.

    You must evaluate new items in light of your company values as you grow. Check to see if your objectives are compatible, and if not, make any necessary modifications.

    6. Become an autodidact

    After college, education for most people typically comes to an end. However, your reputation will continue to rise if you develop a passion for studying and being an autodidact.

    However, in this day and age of information overload and many online distractions, being an effective autodidact can be taxing. Therefore, staying focused on your mission is more crucial than ever.

    Some people contend that the age of the autodidact, or self-directed learning, is currently upon us. After all, the internet is brimming with tools for self-learning that you can utilize to build your brand. However, beware that some may lack substance and are merely shiny bells and whistles.

    Related: 6 Little-Known Characteristics of Successful Entrepreneurs

    7. Be street smart

    Being “street smart,” or able to foresee and handle unexpected everyday business issues, is generally seen as a crucial ability for brand owners and entrepreneurs.

    Most investors claim to be able to spot this capacity when they see it, but the experience is necessary to describe it. To be a street-smart person, you need to comprehend your brand’s surroundings or condition well.

    You are consciously aware of your surroundings. Moreover, you can see what’s happening around you even when you can’t see it. You can form opinions about the situation based on lived experience, the environment and the people in it, giving you the confidence to put your faith in these opinions.

    Related: Are You ‘Intelligent’ Enough to Be an Entrepreneur?

    Conclusion

    To succeed at personal branding, you must be a brand new, evolving you. In a world full of imitators, be genuine and authentic to yourself.

    Authentic personal branding is more than simply self-promotion and marketing commonly seen online. It focuses more on making a courageous difference in people’s lives and inspiring them to live better lives. It can also be about inspiring humanity to do good. After 33 years in this game, I believe and practice that “doing good” is all possible.

    You must invest time and effort to be the “go-to” authority in your chosen area. All things worth doing must be done well; therefore, it’s better to make the most of that time and effort!

    Applying the seven tips above will help you create an authentic personal brand that is true to you and enjoy the success that will inevitably follow.

    [ad_2]

    Jon Michail

    Source link

  • The First Connected Social Commerce Platform to Bring TikTok, Instagram and YouTube Feeds into a One-Stop Real-Time Social Shop

    The First Connected Social Commerce Platform to Bring TikTok, Instagram and YouTube Feeds into a One-Stop Real-Time Social Shop

    [ad_1]

    Motom, the app simplifying the social shopping experience for both creators and consumers is officially offering 15% cash back this holiday season.

    Press Release


    Nov 30, 2022 07:42 EST

    The rapidly growing social commerce platform is backed by a team of retail innovators that allows creators and consumers to shop the direct feeds of thousands of creators across TikTok, Instagram, and YouTube. Pushing innovation forward in the category that includes veterans such as liketoknow.it and Rakuten, Motom (https://www.motom.me/) differentiates itself by fundamentally changing the way consumers can shop across the entire social media ecosystem and providing all creators and brands with an easy-to-use, scalable way to increase their revenue and grow their audiences.

    This holiday season, Motom is extending its affiliate fees and discounts to 15% for all consumers and creators. Whether creating LikeBoard gift guides, posting shopping lists, or your own curated lists directly to your storefront, Motom will give you cash back as you shop for your family, friends, colleagues, and even yourself. Whether you’re a creator with millions of followers or a consumer who wants all your favorite items in one place, Motom’s cash-back holiday program is for everyone. 

    “As an open social shopping platform, we’re excited to offer all creators the highest commission percentages while giving them access to thousands of brands and a robust social shopping community to boost both their sales and audience,” said Matt Diamond, CEO of Motom. “For the holidays this year, we’re giving back to our entire community by offering everyone the opportunity to earn 15% cash back when they do their holiday shopping directly on Motom.”

    To find out more about Motom’s holiday program, please check it out here. For inspiration, check out all of the holiday creator gift guides on Motom’s LikeBoard feed as you shop. There is everything from “Under $50,” “Gifts for Fashion Girlies,” “Best TikTok products for your BFF,” to “Coquette Looks for the Holiday,” “Gifts for Wellness Lifestyle,” “Stocking Stuffers,” and more.

    About Motom

    Motom is the first connected social shopping platform that empowers all creators to launch their own storefronts where all their content from TikTok, Instagram, and YouTube can be made shoppable in one place. Creators sell, connect, and share intimately with their audience while earning more from their content using Motom’s tools and gaining access to 250K+ monthly social shoppers. Motom’s platform neutrality and exclusive shopping focus will fundamentally change the way consumers can shop across the entire social ecosystem, expand opportunities for all creators, and enable brands and retailers to lower customer acquisition costs.

    Motom was founded by the team who successfully launched some of the largest youth properties in the past 20 years, including Alloy and Delia’s e-commerce and media businesses and entertainment properties, including Gossip Girl, Pretty Little Liars, and The Sisterhood of the Traveling Pants. For all media inquiries, please contact Collxab at Motom@CollXab.com.

    Source: Motom

    [ad_2]

    Source link

  • 5 Things You Should Know Before Collaborating With An Influencer

    5 Things You Should Know Before Collaborating With An Influencer

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Brands are projected to spend a whopping $15 billion on in 2022. Influencer marketing is one of the most effective techniques to help brands connect with their . Why? Because people tend to trust influencers and their content about the product more than companies.

    According to this study, 63% of their participants between the ages of 18 and 34 trust what influencers say about brands more than what brands say about themselves.

    Collaborating with an influencer to scale your business is a smart move, but there are a few things you should know. Let’s dig right into some of the best practices for better influencer-brand collaboration.

    First, choose the right platform that fits your product or service

    As we know, a major part of your strategy is selecting the right platform. Selecting the right platform depends on a few factors:

    • Your goals: Do you want to drive more traffic to your website, drum up sales or encourage more from your audience? Some encourage engagement and conversation, while others encourage views. This can help you identify the platform you should focus on when looking for an influencer. For example, if your goal is to encourage engagement, I recommend TikTok where the average engagement rate per post reaches 5.9% while it’s only 0.83% on and 0.13% on . Let’s say you’re selling B2B products or services, LinkedIn will be the most suitable platform to build brand awareness, drive website traffic and generate leads.
    • Your target audience: You should also consider demographics like age, gender and location when choosing a platform. Adults between 24 – 34 years old, for instance, make up 31% of Instagram’s audience, while 24% of TikTok’s global audience were women between the ages of 18 and 24 years are more likely to be on TikTok. Facebook is the top-visited social media platform in the U.S., while Twitter is the most popular social media in Japan if we exclude LINE, a messaging app founded in South Korea. Do your research before selecting the platform. Back up your decisions with demographic data, rather than being swayed by the current trends.
    • Where the competitors are: It can save you time seeing how the competitors are performing, what things they did well, what things they dropped the ball on and learning from their mistakes.
    • Identify if the influencer is well-known on the platform: You might find an influencer with more than a million followers on TikTok while having little or no presence at all on YouTube. So, validate that the influencer has a highly engaging audience on the selected social media channel(s).

    Related: How to Succeed Using Influencer Marketing and Brand Collaboration

    1. Choose a relevant influencer

    It is essential to choose an influencer that addresses the same target audience as you do. For instance, when marketing a fitness product, a suitable influencer could be someone who shares educational content about health and fitness or workout videos. Relevancy is a crucial part of selecting who to partner with to build trust with your audience and provide advice and recommendations from experts with authority in the field.

    You should also keep in mind that there are different types of influencers out there and that you can expect different results from each. There are four main types of influencers when it comes to their follower base:

    • Nano-influencers: 10,000 followers or fewer.
    • Micro-influencers: between 10,000 and 100,000 followers.
    • Macro-influencers: between 100,000 and 1 million followers.
    • Mega-influencers: 1 million or more followers.

    If you aim to raise brand awareness, relevant mega and macro-influencers would fit nevertheless. Although micro and nano-influencers reach fewer people, they are more likely to inspire action. Micro-influencers can have a greater impact on followers’ actions than celebrities can. One study suggests the reason for this is that audiences usually find them more trustworthy and relatable than celebrities.

    2. Validate the followers

    To know whether an influencer is a perfect fit, you first need to pay close attention to their followers. If you have a business account on a social media platform, chances are you have come across those accounts that pretend to be like real ones by collecting fake followers and engagements. A simple but effective test to see if the influencer you want to work with has fake followers or not is to select some of their followers at random and notice how they engage with that account.

    Check on their profiles to confirm that they are not fake and that they look like your customer profile. A fake account can be easily detected, a typical one would normally hold zero number of posts or very few ones. The fake follower would most likely follow thousands of accounts while having a significantly lower number of followers. Sometimes the account has no profile picture or a vague profile description. All these criteria are red flags that they are fake accounts.

    You can also check the influencer’s previous posts. If you find only a few engagements (likes, comments, shares) then don’t be deceived by the high number of followers. This influencer most probably bought fake followers. A good exercise is to chat with the influencer about previous successful campaigns’ they’ve worked on.

    Related: What ‘Authenticity’ Actually Looks Like in an Influence-Marketing Collaboration

    3. Give influencers room for creativity

    The content delivered to the audience should be authentic. The best way to do this is to analyze the influencer’s previous posts as a reference point, and work together on how the content will look, the constraints you have and the things you expect to achieve without dictating and letting them do the talking.

    4. Monitor engagements and track campaign results and outcomes

    One of the core pillars of is listening and engagement. Social media listening is identifying and assessing what customers say about the brand, brand mentions and the trends around a company. It will allow the company to measure the campaign’s success, know what worked well and avoid future mistakes.

    It is really important to track the impact of influencer marketing by using social media listening tools and not depending only on data supplied by the influencer. There’re many social media listening tools like Brandwatch, which helps marketers understand their audience, track conversions and monitor brand mentions.

    If influencers drive website traffic, you have to set up Google Analytics to measure the campaign performance KPIs like the number of visitors to your website, pages per session and bounce rate. Ultimately, if you’re selling a product online, you should track sales in real-time. An easy way is to give each influencer a discount coupon to share with his/her followers so you can easily detect the source of each transaction.

    Are you ready to collaborate with an influencer? When in doubt, refer back to these pointers before you commit.

    [ad_2]

    Ahmed Mokhtar

    Source link

  • Don’t Overlook The Warning Signs of a Controversial Brand Partner Like Kanye West

    Don’t Overlook The Warning Signs of a Controversial Brand Partner Like Kanye West

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Ye, also known as Kanye West, has been a problematic public figure for years. From the time he wore a White Lives Matter shirt to the time he said slavery was a “choice” in a newsroom, Ye has always hidden behind the guise of “free thinking” to spread discrimination, alternative histories and controversy that pose a threat to diversity, equity and inclusion (DEI) as we know it.

    Ye isn’t the only public figure leveraging media as a way to enable harmful “free speech.” After months of Elon Musk performing political theater around purchasing Twitter to reclaim “free speech” on the platform, Ye threw in his hat and offered to purchase Parler, a alternative to Facebook and .

    Public figures like Ye and Elon are opening the floodgates for hateful speech and to arise. Given the red flags, why do continue to ignore the dangers of partnering with public figures with controversial pasts with DEI? My theory is they looked past harmful rhetoric and move forward with business contracts for one main reason: profit.

    Brands put profit over all the time and the consequences are often a tarnished public image and a growing distrust amongst consumers. Brands that have looked the other way are now in a situation where they have to publicly cut ties to protect their image.

    Could brands have seen the red flags and denied a partnership with Ye from the beginning? Yes. Did they probably know the risks? Yes. Did they make the right choice to stick it out until it backfired? Only time will tell.

    No matter what, it should not have taken years of hateful comments for brands to step away from Ye. His most recent anti-semitic comments unearthed a disturbing rise in hate crimes directed towards Jewish people in recent years.

    Related: Kanye West Was Just Escorted Out of Skechers’ LA Office: “We Condemn His Recent Divisive Remarks”

    The recent rise of anti-Semitism shouldn’t be ignored

    Before Ye’s inflammatory comments about Jewish people, hate crimes against those in the Jewish community were at an all-time high. An estimated 1 in 4 American Jews say they experienced anti-semitism in the last year. In 2021 alone, there were a reported 2,717 anti-semitic incidents in the US. With such an obvious rise in hate crimes, why aren’t more DEI practitioners and businesses focusing on it?

    My theory is that folks of Jewish descent have often been associated with “white people” and are grouped that way in national census data. Therefore, other minority groups may not know that Jews experience an elevated level of hate crimes. Other minority groups may be so focused on their own mistreatment and trauma that it’s hard for them to imagine why someone who is categorized as a “white person” would experience what they do.

    The truth is that some Jewish people may have very different lived experiences depending on where they live, how deep their Orthodox traditions are, and how their lifestyles contrast with the surrounding culture.

    Above all, we know Jewish folks have been persecuted for centuries with anti-semitism coming to a head in WWII with the forced relocation and violence against Jews from Germany and other parts of Eastern Europe.

    Since then, Jewish folks have come a long way in owning high-yield businesses in banking, finance and the entertainment industry. No matter their economic status or position in the business world, they’re human beings and should be treated with respect without having to sacrifice their safety in the process.

    With the rise of hate crimes against Jewish folks and the continual threats faced by women, racial minorities and other groups, there’s never been a better time for businesses to put a magnifying glass on the DEI practices of public figures and influencers who they wish to partner with.

    Don’t turn a blind eye to DEI red flags for profit

    Brands that partnered with Ye already knew he was controversial, but they were blinded by dollar signs and wilfully ignored his controversial history for profit. As a DEI consultant, I work with big and small businesses that are often straddling the line between profit and ethics. If your leadership team has to rethink working with a public figure because of their checkered past, take a pause and look at why that is.

    It’s one thing to work with a public figure who had a controversial past, owned up, apologized and is ready to make amends. However, looking away and working with figures who continue to commit harmful actions and speech toward minority groups is the fault of brands that have chosen to ignore those red flags and assume the risk.

    If the idea of working with a public figure triggers a gut check with members of your team because of the person’s past comments and actions, reconsider whether you want your to be connected to that person. The more we look the other way and fund figures whose comments create, perpetuate and prolong violence against another group, the more the brands that partner with them put their reputations at risk.

    DEI red flags to look out for when considering partnerships with public figures include:

    • Hate speech towards certain groups and a lack of remorse for or continuation of that speech.
    • Ongoing lawsuits against that figure with multiple witnesses and trials.
    • No public statements or apologies condemning their past behavior or speech.
    • No visible action to make amends like volunteering, donating, partnering or reconciling with those they’ve harmed.
    • Continued association with others who perpetuate harmful behavior and speech against groups without publicly condemning their actions or disassociating with them.

    These red flags are obvious signs that the public figure your brand is about to work with has a problematic past that may harm your brand’s reputation and longevity in the future. So, beware.

    Consider risks of partnering with public figures who have checkered pasts with DEI

    Who your brand associates with can speak volumes. Let’s say your brand chooses to partner with Ye, Harvey Weinstein or others who have perpetrated harm against others and chose to show little to no remorse or desire to make amends. Your brand will face the consequences.

    Loyal followers and customers may cancel your brand just for association with figures like Ye. It may seem unfair but it’s actually right on the money. Consumers today have a renewed interest in the ethics and honesty of brands and can see right through businesses that claim to be ethical or on the “right side” of justice but choose to associate with controversial public figures who do the opposite.

    Of course, there is a difference between brands and their partners, but we know consumers are observing brands like Adidas, Balenciaga and Vogue very closely. Associations with public figures who have used racist, sexist, anti-semitic, transphobic and ableist language will be held accountable in the court of public opinion, and the consequences will be financial.

    The best way to avoid the downfall of brands, their reputations and their profits is to be very choosy about who they partner with and be aware of the consequences that may result. Brands that have seen Ye’s controversial approach to DEI and made conscious decisions to ignore it now see their reputations tarnished with the memory of his anti-semitic comments and distasteful behavior.

    Related: ‘Had to Cut Ties’: Kanye West Breaks Silence on Adidas, Ye-Related Brands Fallout as Rapper Loses Billionaire Status

    Holding people accountable for harmful actions is key to changing behavior in DEI

    No public figure is immune to cancel culture. In fact, cancel culture is how consumers, followers and others find justice when public figures misbehave or practice harmful speech. It’s the broader population who seems to hold public figures accountable for their actions.

    On social media, the response to Ye’s recent anti-semitic comments has been resounding. People from all walks of life and areas of influence condemn his comments and the result is, finally, the businesses, projects and partnerships he’s built are crumbling. As painful as it is to see folks fall, sometimes hitting rock bottom and letting the rug be pulled out from underneath someone is the only way for them to learn the gravity of their actions.

    I’m not naive. I don’t expect Ye to change his hateful speech and rhetoric overnight. But I do hope he really feels the financial and social repercussions and that he chooses to move forward more mindfully with his platform. He, perhaps more than many other celebrities and public figures, should know that no matter how rich, famous or influential a person is, there is no escaping the consequences of hate speech and the price to be paid will likely be bigger than they could have imagined.

    It’s up to individuals, brands and businesses to have a stance and express boundaries around hate speech — to not only condemn it but to commit to withholding support from those who practice it. An overt stance on DEI will signal to public figures that if they want to make music, art, do business or work in political spaces, there is a code of conduct they must adhere to with DEI and respect at the root. They should know that businesses and individuals will not work with them if their hateful rhetoric continues, no matter how much profit is on the line. Only through consequences will we see a change in how long public figures like Ye thrive in the business world. Public figures should only be able to thrive if their comments are rooted in respect for diversity, equity and inclusion. Not the opposite.

    Related: How Brands Can Go From Performative Allyship to Actual Allies

    Final thoughts

    I’m not here to criticize Balenciaga, Vogue and Adidas for initially making a financial decision to partner with Ye in the first place. However, I find it surprising they failed to calculate and anticipate the social price they would inevitably pay for doing business with a figure who offends so many. Whether you’re a big or small business, keeping DEI at the forefront of your work will not only protect you from situations like the one we see with Ye but will also help you thrive in the long run. Don’t be a business blinded by the red flags of public figures because your mind is focused on the money.

    Be discerning about the long-term consequences of partnering with problematic figures. Brands should think about how even one bad partnership with a very high-profit outlook can have devastating impacts on their reputation for years to come. Consumers, followers and others will begin to see brands as co-conspirators of hate speech and rhetoric as a consequence of their partnerships with controversial public figures.

    Now is the time to put DEI first and make business decisions that are truly on the right side of justice. Use DEI as a tool to be discerning about who you work with and why. Only then can brands that wish to last a lifetime and remain influential stand the test of time in a world increasingly focused on ethics, justice and equity.

    [ad_2]

    Nika White

    Source link