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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 More Than Just Online Representation
To be sure, what people find online when searching on your name or specialty can influence your corporate reputation, but the representation of your brand online is only one of several components that make up corporate reputation. Reputation is about more than appearances, it is about the expectations that people hold, expectations which are built over time via a variety of interactions with the brand. While expectations are influenced by the way you appear online, they are also influenced in many other ways; through direct experience with the brand, through offline word of mouth, and through print and broadcast media as well as social media. Real reputation management needs to focus on measuring, understanding and engaging in all of these ways.
When “online” is attached to “reputation management”, buyers should be aware of what they are not getting. Real reputation management is about strategically and proactively building expectations of the brand which will provide advantages in positive times, and will create a buffer against brand damage should a reputation crisis arise. The better your reputation, the more it may be used to competitive advantage, and the more “benefit of the doubt” you will receive when troubles or accusations arise.
Reputation is built over time – and this is where its (mis)use as a term for marketing advanced SEO becomes so concerning. Because while real reputation management is long-term activity focused on building positive expectations amongst the full array of key stakeholders that may impact your brand, on-line representation and visibility is all about immediate results in a specific medium. If a potential or active reputation crisis arises around your brand, systems and services that promote your visibility online and seek to control other results may hold off the appearance of conversation about the problem (at least for a while), but they do nothing to help understand or resolve the reputation crisis itself.
2 comments:
Great post Scot. I agree that reputation management is becoming lost in the sea of google hits, wiki references and blog mentions. Maybe time for a course-correction. Best lgr
Scot,
A great post. While we are in the business of brand monitoring, we often see many SEO companies promising reputation "help" for businesses by erasing negative comments or spamming positive ones. It is almost as if people forget that these are REAL businesses, not just names on the first search page of Google. Behind the company's name are its people and its brand equity. An online reputaiton is just what you pointed out: a reputation. Trying to "cover up" a bad reputation rather than monitoring and responding (or not) appropriately is like trying to mask a wet dog odor rather than finding and washing the dirty carpet he slept on; it's a band-aid solution that doesn't fix the actual problem. Thanks again for a good discussion thread :)
Best,
Michelle
@Synthesio
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