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2 Jun 2016 12:24 pm
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Trump’s Campaign Is Damaging His Brand

If Donald Trump is nothing else, he’s an American brand. The Trump name adorns luxury condominiums, hotels and golf courses around the world; it has sold a TV show, millions of books, a line of cologne and even, briefly, an airline.

And that brand, according to new data published here in Politico Magazine for the first time, is taking a major hit in the wake of his presidential campaign.

As Trump the candidate has ascended, hitting the top of the polls and staying there thanks to a series of controversial statements and a groundswell of Republican populist support, the opposite has happened to Trump the brand: Among the people Trump’s business depends on—the consumer making over $100,000 a year—the value of the Trump name is collapsing.

A December survey of American consumer opinion, fielded by the BAV Consulting division of advertising and marketing giant Young & Rubicam (and the largest and longest running study of brands in the world), found that since Donald Trump’s run for president, the Trump brand has lost the confidence of the people who can afford to stay at one of his hotels, play at one of his country clubs or purchase a home in one of his developments.

It is also rapidly losing its association with the gilded traits Trump has long promoted as the essence of his business.

The wealthiest respondents in the BAV survey—those with incomes over $150,000—judge Trump the harshest of any income bracket.

In this group, as measured by BAV’s consumer opinion index, Trump’s reputation for being “obliging” and “upper class” has declined by more than 50 percent since the outset of the campaign, followed by “leader” (with a 41 percent decline) and “prestigious” (down by 39 percent).

The next lower income level—households making between $100,000 and $150,000—wasn’t much kinder, with a 56 percent decline for “obliging,” a 45 percent decline in “prestigious” and a 38 percent drop for “upper class.”
Cadillac just cancelled their sponsorship of the PGA's World Golf Championship which was to be held at the Trump National Doral Miami location, and the PGA was unable to find any other American corporation that was willing to sponsor it, so they were forced to move the tournament to Mexico.

Golf tournament leaving Trump’s Doral course for Mexico.

Would you call that an ironic twist of fate? LOL
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