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This blog will focus on brand valuation, reputation and risks and their reflections in the media at large.
evolve24 is a business analytics and research firm specializing in the measurement of perception, reputation and risk. Learn more about evolve24 by visiting evolve24.com.
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Reputation is Much More than Online Image
Corporate Reputation is widely considered to be the function of the collective judgments resulting from multiple stakeholders’ image of the firm and its behavior, evolving over time.
In this function, the images of your firm held by various stakeholders clearly matter. But a key observation here is that there are multiple stakeholders, each forming opinions and making judgments based on unique collections of image derived by online and other sources. Thus, a complete understanding of reputation cannot be formed without 1) distinguishing the topics that reflect existing judgments from the topics that allow new judgments, and 2) engaging in detailed stakeholder classification and measurement, and a good mapping of the relationships between (online and offline) stakeholders – both individuals and groups, and their relative influence on the topics that draw the judgments that drive reputation.
Most of the “Online Reputation Management” solutions I’ve seen aren’t quite as sophisticated in their analysis as what I’ve described above, which is why evolve24 has long provided a better solution for firms that seek a comprehensive and methodological approach to let them understand and manage the full range of components of corporate reputation.
2 comments:
Creating brands worth evangelizing about is often misunderstood. The connection between the core values - the soul of the company and the soul of the customer - is why customers evangelize. They have found a temple of core value at which to worship. It’s mythic. It’s epic. The brand becomes icon because it connects to the subconscious yearnings of the customer, imprinting on the brain. The pictured emotional experience becomes a conduit through which the customer can again be touched by those core values.
Those pictures and emotions then become language in the brain of the customer. And it’s the language of evangelism.
Thanks for the comment - I completely agree that image alone is pretty far removed from what you refer to as the "core" or "soul" of the brand. If it's connection to the core that makes customers evangelize, then we need to get past the "surface" of image to what constitutes the core. We like to help our clients understand how they can do that.
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