Consumers have choices when it comes to where they spend their money, and people love to shop for deals, especially online. Unless you’re an oil company, you’ve probably already engaged in price wars with your competitors in a struggle to get more customers to buy from you, or at minimum compared your prices to competitors in your area. You may have even considered how to differentiate yourself among your pool of competitors that offer the same products, at the same MSRP price, in the same city.
But, another factor plays a role when a consumer chooses to make a purchase from a particular business, and that is the reputation of the business.
Your online reputation is much more than a professionally designed website that reveals that you've made sufficient monetary investment in your website. It's also your time investment that you make towards making a customer's checkout seamless, the cost of shipping, how long they waited, and providing avenues for customers to request support and vent their frustrations.
Reputable businesses are mostly honest, sincere, and humble in the face of adversity. They are usually transparent and open to customers who want to provide feedback, and they almost always resolve discrepancies when problems occur. They have to be responsive becuase it is incredibly easy for someone in this day and age to post unfavorable content online about you and your business and even recommend others not to buy from you.
Managing Your Online Reputation
I recently consulted a Chamber of Commerce member about our SEO services. While at a computer, we typed in keywords about his business. Not only was his website nowhere to be found, several other websites (including sponsored links) were listed that talked about how the nationwide services he sells is a scam. He was unaware of this situation. This SEO demo abruptly turned in to an online reputation management discussion.
Your online reputation may be just as, if not more, important than your word-of-mouth reputation. It’s also something you can combat, control, and at least minimize your negative exposure online. One thing you should do is monitor your brand. There are free services available that can notify you when information about your business is posted online.
- Google Alerts - google.com/alerts
- Yahoo Alerts - alerts.yahoo.com
- RSS feed subscriptions to search results Technorati, Feedster, Yahoo & Google News, BlogPulse
- Social Media via tags: tagbulb.com, tagfetch.com, keotag.com
If a crisis arises, engage it. Research the situation to find out if is there merit behind the claims or negative statements. If not, tell your side of the story and ask for corrections. If the claim has merit, offer to discuss your side of the situation, and always be honest taking blame when blame is due. And, if you have your own blog, respond with haste, and be sure to list positive testimonials on your website.
Not all people are going to be happy no matter how hard you work to dedicate yourself to customer satisfaction. It is inevitable that someone may just have a bad day. However, being vigilant of your company's online reputation will only increase your credibility in an age of stiff competition.