April Fools' Pranks: A Risky Marketing Tactic for Brands
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April Fools' Day pranks can help brands show their fun side, but risk offending people or backfiring if done poorly, as evidenced by Tesla and Volkswagen.
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Tesla CEO Elon Musk tweeted about the company going bankrupt as an April Fools' joke in 2018, causing stock to drop 7%.
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Volkswagen falsely claimed in 2021 it was changing its name to "Voltswagen"; officials gave conflicting stories until admitting it was a prank.
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Taco Bell's 1996 prank about buying the Liberty Bell generated $25 million in publicity; company donated $50,000 to its preservation after admitting hoax.
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Google had to disable its "Mic Drop" email feature in 2016 after a bug caused it to be unintentionally added to emails.