Most Trusted Brands: Skillology Founders Can't Escape The 'Bucks

So the other day, I’m sitting in a downtown lobby with two of my favorite co-founders of a cool, new social community for creative professionals called Skillology.  I’m not sure if you guys have ever heard of it? If not, definitely check it out!

But anyway, I’m perusing an online Entrepreneur Magazine article entitled “Secrets of the 10 Most Trusted Brands.”  These are corporate companies that have gained trust amongst their consumers based on a consumer survey that explored the reasons some brands manage to stay on top, conducted by The Values Institute at DGWB, a Santa Ana, California-based think tank that focuses on brand relationships.  The Institute’s research revealed companies’ success in areas like “Getting personal,” “Living up to their promise,” “Selling happiness,” “Keeping it cool,” etc.

So I asked my two fellow Skillology team members to humor me by guessing 3 out of the 10 companies listed in the article.  After a brief stint of struggling and assistance, they were able to come up with named brands such as Ford, Target, Coca-Cola and Apple.  However, what stood out to me most in this little game is that they failed to mention big-time coffee franchise - and one of my favorite places in the whole wide world - STARBUCKS.

Was I surprised because they don’t have the same automatic enthusiasm and admiration of the chain as I? Nope.  It was the fact that as they were taking the quiz, they were both sipping on Starbucks drinks, one of which was a Venti (that’s a large size for you Starbucks-naysayers).  So, I clearly pointed this out, only to get two of the most weakest responses--something along the lines of, I don’t really like Starbucks--I just got it because nothing else was around. Really, guys? Okay...  

For me, this not only proves that the franchise is a trusted brand among its loyalists, but it transcends to reach those who claim to loathe it.  In the article, the company gets accolades for its ability to house an establishment that “Forges Connections.”

“From the free Wi-Fi to the in-store music to the large tables with room for groups and meetings, the company's stores are designed to help customers interact. Go into any Starbucks, and business is happening and people are sharing, and the company understands that," says branding consultant Jim Stengel. "Everything in there is about connection, discovery, inspiration and creation."

Let’s face it. The guys can say that they don’t like Starbucks as much as they want, but if I suggest it as our next meeting spot, are they going to reject it? Probably not.  And will they purchase a drink while we’re there? Probably so.

Why? Because Starbucks has found a way to continuously engage consumers - even if they can’t admit to willingly indulging.  Now, that’s good business.

What brands do you trust and why? Share your thoughts in the comments section below!


Comments  

drskillzz's picture
Actually, I would, and have rejected meeting at Starbucks. You make some valid points though on why Starbucks is a successful brand, and from a business stand-point, one definitely must give them props for their marketing prowess. I'm simply not a fan of paying $5 for a cup of fancy joe when I can get my caffeine fix elsewhere for half the price. Sure, Starbucks is "aiight" and I frequent them on occasion (they are after all... on every corner, so they've got the convenience factor locked in). But in terms of trusted brands, I view Starbucks as an imitation of sorts, frankly. Around the District especially, there are tons of really good local bistro shops operated by business owners who also live in the community. I'd much rather support a local business (where the cup of joe is also good), versus a major chain like Starbucks when given the choice. It's good for the local economy, which impacts the community where I live most directly... win-win. Just like I hope people spend some of their time on Skillology, an independent venture founded by like-minded entrepreneurs with limited resources but a good product, versus merely spending all their time using the big behemoth-chain that is Facebook, for example. But you're right, even these locally-owned and independent businesses can learn a lot from Starbucks -- how they market, how to build customer loyalty, etc, just as Starbucks has learned (and imitated) the ways of locally-owned businesses. As I type this, I'm sitting at Zed's Cafe in downtown Silver Spring, MD using free wi-fi in a very comfortable setting. The owner (Zed) just walked by my table and handed me a refill of my caramel macchiato (which I'm pretty sure is like coffee with milk and cream or something... I dunno, it's tasty though). True story. Now, that's good business and a brand experience deserving of my trust. And while I feel I've probably gone off on a tangent just a bit lol, I'm just saying, locally/independent-owned is where it's at... when you have a choice. See you next meeting.... at Zed's Cafe. ;)
Csturdi's picture
Touche. I love my local coffeehouses... I've written about Sova & Tryst - which I frequent often. However, in the grander caffeinated scheme of things... They're really no competition.