Appogee, on 03 October 2019 - 08:33 PM, said:
Many businesses around the world have realised that being transparent - ie. open and honest - with their customers, with good news and bad, is the most sustainable business model. Aside from being straight out ethical, it earns loyalty and repeat purchase.
Businesses which try to hide, obfuscate, string customers along with visions they don't intend to fulfil, providing fluffy PR spin instead of honest adult customer engagement, end up with toxic brands and failed business ventures.
PGI's deceptive practices already cost you heavily through the Transverse debacle. It's time to take the higher path.
Businesses which try to hide, obfuscate, string customers along with visions they don't intend to fulfil, providing fluffy PR spin instead of honest adult customer engagement, end up with toxic brands and failed business ventures.
PGI's deceptive practices already cost you heavily through the Transverse debacle. It's time to take the higher path.
tl;dr: Disagree with openness and honesty being the most sustainable business model in general because if that were the case, we'd have a lot of businesses go under or be much less profitable then they currently are. Businesses, especially the ones with shareholders, employ very shady practices to keep the price of their products competitive as well as ensuring a rather healthy profit margin or straight up monopoly.
I agree with your take regarding PGI's mistake as well as openness and honesty being of greater importance to smaller companies. Disagree with openness and honesty being the most sustainable business model in general because if that were the case, we'd have a lot of businesses go under or be much less profitable then they currently are. Businesses, especially the ones with shareholders, employ very shady practices to keep the price of their products competitive as well as ensuring a rather healthy profit margin or straight up monopoly. Amazon is not going to give you an honest answer if you ask them how they treat their employees. Retail stores arn't going to tell you that they raise the price of everything to be able to provide items that go on "sale" (JC Penny actually tried being open and honest for a bit... they lost a lot of money). Apple isn't entirely honest regarding how they rip off customers at Genius Bars by claiming to fix problem which either don't exist or will not impact the use of the device. Even some small business that have great reviews on the internet are not going to be quite open about the fact that in more cases that I'd like to admit, they simply created a lot of fake accounts and wrote up their own reviews.
As for all the companies that have had data breaches in the last year alone caused by a hacker(s)... no chance they'll tell you that the breach was preventable if they had invested more in securing their network. Working in IT I know that one first-hand and it pisses me off that companies have a mindset that it costs less to do damage control after a breach then it does to implement industry best-practices that would have prevented them in the first place!
Companies are generally open and honest when government laws force them to be. An open company would not use fine print.
It's only when companies REALLY screw up... and get caught screwing up... that they can start to get a toxic brand. But then they'll just re-brand and most people will be none the wiser.
PGI really screwed up with how they handled informing the customer about the distribution platforms. How many people who'll buy MW5, either on Epic or Steam, will even know that there was an announcement debacle to being with? If MW5 ends up being a good product, how many people will care about PGI's past record and instead want to get their hands on a good MW game? Will it be enough people to put a serious dent in sales? Time will tell regarding that.
Edited by MadcatX, 04 October 2019 - 03:48 AM.