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Why do we


  HATE
corporations?
   Consumer Exit & Voice!
Let’s go back!


Pre-industrialization buying was a

negotiation between local craftsman
and the buyer
But then…
Industrialization happened!
Man invented the machine and
figured out a way to do more things
quickly


Relationship between buyer and
manufacturer became more and more
anonymous with the manufacturer dictating
prices, places and mode of selling.
Mass produced goods
 had to be SOLD



        But How
This brought the concept of

    Advertising!
Marketers
became
cultural
authorities
But Consumers were NOT satisfied
There was an
emerging counter
capitalist movement

Marketers had to do
something

So they decided to…
Study the consumer!
This made market
research a viable
industry

And Consumer
Behavior an academic
discipline
But yet again…




The Profit motive!
Boohoo! said the consumer




There came the Internet
Consumers could now Speak!

Physical and
psychological
costs of
consumer voice
to dissatisfaction
became low
The   Power dynamics changed!
Consumer
had
greater
power
Social Media provided the
       power to…
Build Communities of
     Such People or
Anti-Brand Communities
Every unhappy customer/employee due
to poor

1. Environmental practices (Nestle Green peace)
2. Social practices (Nike sweat shop)
3. Product/service experience (UPS - handling)



Was venting out!
And thus comes
  the HATE in
public domain…
Follow me at
www.twitter.com/extendedself

www.domainofhope.com

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Why do we hate corporations