Your business’s good reputation is one of its greatest assets. It differentiates you from the competition, and customers will pay a premium to do business with a reliable company they can trust.
In the past, a business’s reputation was established over time by word of mouth. Today, thanks to the Internet, reputations can quickly rise and fall based on online commentary instantly accessible to a wide audience. A great review can bring a welcome flood of business. A bad appraisal can do your business harm.
Defamatory statements, whether written or posted online, may be considered libel in a court of law. Most general liability policies offer protection for libelous damage your business may cause to another business or individual. Conversely, you can sue an offending party if you believe your business is the victim of false or damaging statements. However, such lawsuits can be costly and difficult to prove, and in the digital era when unexpected comments can pop up in surprising places, you need to pick your battles.
Proactive Online Reputation Management for Your Small Business
Companies of all sizes can benefit from online reputation management because people are probably talking about you online. They may be sharing a customer experience on Facebook, rating your business on Google, leaving a comment on your blog or writing a letter to the editor of your local newspaper. Potential customers who read these perspectives take them to heart.
Some 95% of consumers research products and businesses online before they make purchasing decisions and 84% say they trust online reviews as much as a personal recommendation. So it’s important to know what your customers are saying and take steps to respond in a way that will reflect favorably on you and your business.
These tips can help you take proactive steps in online reputation management for your small business—and may prevent you from having to go to court.
Online Reputation Management Tips
Do a Detailed Search
Online reputation management should begin with a thorough online search. Search for your name and your business’s name and repeat with all available search engines, including Google, Yahoo and Bing. Take note of what comes up, particularly on the first four to five pages of your search. If you encounter any undesirable content, including photos, remove what is under your control.