Post
Topic
Board Economics
Re: Is this a Strategy? Is it a good Strategy?
by
Zlantann
on 03/07/2023, 14:44:12 UTC
Public beef or fights involving billionaires, celebrities, or even top companies often puts them into the spotlight, attracting attention and generating increased traffic, hence, more income. My question arises as to whether you think some or most of these conflicts are genuine or intentionally crafted/orchestrated by the parties involved to maintain their prominence and financial gains.
Also, could this be considered as a strategic element of their business or career strategy? And If so, is this a good strategy?

These billionaires are humans which means they can also have conflicts that could result in public disagreement. Some businesses are competitors which means that they will always want to undo each other and this could lead to public outbursts or even lawsuits. But in this era of social media, most organizations arrange public stunts just to gain public attention. Since they understand that negative news gains more attention, they will always come up with negative stories to push their products or firm. There has been an increase in celebrity sex tapes because it gives them the right publicity and increases their social media followers.

Quote
Also, could this be considered as a strategic element of their business or career strategy? And If so, is this a good strategy?

I don't think that organized public fight is a good marketing strategy. This is because they are arranged to promote falsehood and deceive the people. A business or product should be promoted using genuine and truthful means. Even if the fight is genuine, it also has some negative effects on the people. Many young people see these billionaires as role models, so such immoral acts like fighting could influence these youths. Top business owners have the responsibility of acting in a manner worthy of emulation.