We live in complex times politically and the country is strongly divided on more issues every day. Companies may feel inclined to weigh in on their beliefs about the current political situation but aren’t sure how it will affect their business. While expressing positive company values can be important, it is sometimes best to tread lightly when it comes to taking a political stance.
Consumers are more interested now than ever in hearing a company’s political views but in certain cases it could lead to alienating or angering some audiences. Customers may respond positively to a political stance in some instances but there are also dangers that businesses need to be aware of. People believe that businesses should take action so taking a political stance could generate a lot of interest in your company.
Bigger corporations tend stay on the fence politically but smaller businesses can actually generate more awareness of their brand by being political. One thing to consider however is that taking one side of a debate is likely to cut down your potential audience by a certain amount. Not everyone is going to agree with your political stance and they may avoid buying from you if they are offended by your beliefs or actions.
Remember that one in five consumers have boycotted a brand because of a scandal or negative press. You also need to think about what stakeholders or investors might think of your political stance and how they will react. If people are not already aware of your political beliefs it could have a huge impact on your business’s success.
Taking a political stand can be a risky move and may work for some businesses more than others. In the end you need to weigh the potential costs and benefits to see if it is the right decision.
The post Should My Company Take a Political Stand? appeared first on SEM Blog & News - SEO, PPC, Social, Marketing & More.
source https://www.emarketed.com/blog/should-my-company-take-a-political-stand/
