Social good is the new sales pitch

By Sara Fischer | Axios

New data from an exclusive Axios/Harris poll finds that public perception of companies is deeply impacted by how much those companies can promise a better future for society.

Why it matters: Legacy brands are facing their stiffest competition yet from mission-driven upstarts. Many are hoping that marketing campaigns centered around “social good” will improve the narrative that older corporate giants are stodgy and ruthless.

By the numbers: According to the Axios-Harris Poll 100, which is based on 20 years of Harris research on brand reputation, the companies with the most momentum include brands that are making commitments towards bettering society.

  • “Amazon Prime delivers an unbeatable promise to make our lives simpler, Wegmans fosters home and hearth values in a divisive society, Samsung is leading the future of AI, Chick-Fil-A’s walks the talk, and Netflix empowers taste communities not traditional demographics,” the study notes.

Be smart: Tech giants like Facebook and Google, which are under fire for issues around privacy, are losing momentum.

Read more at Axios.