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1960s Quote by Howard Schultz

“In the 1960s, if you introduced a new product to America, 90% of the people who viewed it for the first time believed in the corporate promise. Then 40 years later if you performed the same exercise, less than 10% of the public believed it was true. The fracturing of trust is based on the fact…” quote by Howard Schultz
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“In the 1960s, if you introduced a new product to America, 90% of the people who viewed it for the first time believed in the corporate promise. Then 40 years later if you performed the same exercise, less than 10% of the public believed it was true. The fracturing of trust is based on the fact that the consumer has been let down.”

Howard Schultz

About This Quote

Source Speech: Starbucks Global Forum, 2018

Public trust erodes over time as repeated disappointments accumulate, making new claims less credible.

In simple terms: Trust declines with repeated betrayals.

Key Takeaway

Rebuild trust through consistent honesty.

Themes

trust consumer behavior brand credibility

Mood

cautious hopeful

Type

advice philosophical

When to use this quote

  • marketing campaigns
  • product launches
  • corporate communications
  • policy announcements

Key Concepts

social capital reputation management psychology of belief

Questions to Reflect On

  • What actions can restore consumer confidence?
  • How can brands demonstrate lasting integrity?
A Different Perspective

Regaining trust is slow and may never fully recover.

2.7 out of 5 (4 ratings)

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