Only Conscious Brands Will Survive The 2020s Growing wellness education and plummeting Facebook ad costs have begun a mass consumer shift away from industrial food conglomerates, and towards authentic startup brands.
By Jaron Lukas Edited by Frances Dodds
Opinions expressed by Entrepreneur contributors are their own.
We've lived for decades now—two centuries really—of what feels like soul-less corporations mass producing everything from the food we eat to the clothes we wear. It has felt like they controlled everything. Even the government.
This was a natural progression out of the Industrial Revolution. As we became better at automation over the last 50 years and goods became increasingly mass-produced, brands lost their authenticity and frankly gave up their morality in exchange for higher margins.
Data shows consumers are becoming wise to it. Young & Rubicam analyzed a set of well-known brands and found their customers' trust has fallen from 44% in 2001 to a low of 18% in 2017.
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