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Re: I killed Promax

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Re: I killed Promax
by Rennie Klymyk on May 8, 2008 at 6:46:04 am

[Arnie Schlissel] "I killed Promax "

Don't worry Arnie, it's legal to kill a company. Mergers, acquisitions and hostile take overs are all legal too. We've all seen a lot of this going on in the last decade. Any of the big companies around all have a score of these maneuvers under their belts. It's eat or be eaten. Eventually one syndicate will own everything. Your credit card gives you air miles with the airline they are merged with and they give you quirks on accommodation at the hotel chain in their consortium.
The little independent mom and pops have a hard time.

A single independent business will always have a difficult time succeeding. I can walk out my door and down the block and pass The Gap, Polo Ralph Lauren, MacDonalds, Walmart etc etc but do they ever phone me and ask for a quote for an ad campaign? NOT! they do all this through their corporate headquarters in NY, Paris or Milan. The local store generates some revenue that stimulates the local economy a bit and provides a few jobs but all the profits go back to the head office. Multi-national corporations are sponges that soak up cash and funnel it directly out of the small towns and back to the head office in another country somewhere. When they advertise they get great deals because they purchase advertising on a national level at bargain prices. They pay about the same for the back page of the tv guide as a local pays for 1/8 page ad inside. When you are in my town visiting and see their ad you go home and buy it. When you happen to see the little independent's ad inside and go home you will not be able to buy his stuff because he only has one location so he's paying top dollar to reach only his local customer base.

Thankfully there are grass roots movements that advocate shopping at local markets and stands because these conglomerates are flying in our produce (fed on who knows what and who cares anyway as long as it weighs a lot) in jetliners from 1/2 way around the world burning precocious fuel and polluting the air along the way. You have to ask yourself "what is the price for all this success"?

"motherless children have a hard time" ......Steve Miller


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