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Business-wise, being President has not benefited Donald Trump. Trump's brand is trash.
Quote:
Before he ran for office, Donald Trump made millions by selling his name to adorn other people’s products. There was Trump deodorant. Trump ties. Trump steaks. Trump underwear. Trump furniture. At one time, there was even a Trump-branded urine test.
Now, almost all of them are gone.
In 2015, Trump listed 19 companies that were paying him to produce or distribute Trump-branded consumer goods.
In recent weeks, only two said they are still selling Trump-branded goods. One is a Panamanian company selling Trump bed linens and home goods. The other is a Turkish company selling Trump furniture.
Of the rest, some Trump partners quit in reaction to campaign-trail rhetoric on immigrants and Muslims. Others said their licensing agreements had expired. Others said nothing beyond confirming that they’d stopped working with Trump. Their last Trump goods are now being sold off, often at a discount: One cologne is marked down from $42 to $9.99 for an ounce.
The trashing of the Trump brand is what is going to hurt Trump the most in the long run. His name was pretty much the only real thing he had of value, and now no one is going to want to be associated with it.
I agree here- not sure how he moves forward. his brand was aspirational gauche for new money, Russian cash, and athletes. He's since destroyed that for most part. His hotels won't be filled by those wearing MAGA hats at 700+ a night. Once he's out of office how does he plan to move forward? Don't think he's tough that far ahead, I guess that's why he's opening up glorified Best Westerns in MS now. I'm sure he'll do fine, I mean it's not like he's ever gone belly up in casinos or anything....
Yeah, how the mighty have fallen. He used to license his name for vendors to makes things and sell them for their small businesses. Now he's just the 45th President of the United States, the most powerful man in the world.
Yeah, how the mighty have fallen. He used to license his name for vendors to makes things and sell them for their small businesses. Now he's just the 45th President of the United States, the most powerful man in the world.
And probably one of the most hated men in the world. That doesn't translate into big profits going forward.
This makes me think how ironic it is that Trump, a wealthy New Yorker who lived in a Penthouse and has had everything given to him on a silver platter his entire life, has come to represent the interest and culture of the rural South.
And yes, the Trump brand is toxic. I wonder how Trump hotels are doing these days?
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