Posts Tagged ‘online reputation management’

I was glad to find these facts about online reputation management companies this week. I've often wondered about the market for them as they have boomed in recent years.  An estimate for spending on online reputation is provided by BIA/Kelsey -- $1.6 billion for 2011 and an expectation of $5 billion by 2015. This is for small and medium-sized businesses.  My sense is that this is the market because one or two negative customer mentions or reviews can really wipe dollars off that precious bottom line. Fixing your online reputation is not easy. If it were, everyone would have a pristine reputation. In fact, it takes years for a reputation to build or recover -- just think about BP and how painful that recovery has been although they are slowly making progress. Even when hiring an online reputation management company, it takes at least a year to see change from what I have been told. And that might be optimistic.  In fact, I went to check out an uncomplimentary mention about an executive I know that first appeared at least four years ago. It was still there although it had a few more positive mentions ahead of it. But four years is a long time to correct something online. This executive did not hire an online reputation management and just took her chances. A quote that surfaced in the article where I found this spending estimate caught my attention, "If the Internet is the Wild West, then online reputation management is Dodge City." Whoah.

Is it me or is there an article every single day about how to manage your online reputation, particularly if you are a job seeker. I know that I get Google Alerts as to when anything surfaces on online reputation but I don't think I can read any more. For instance, today I got another one and I took a deep sigh. How many times do people have to read that they should do a Google or Bing search of their name to see how they are being talked about online? How many times do people have to read about buying their name on a domain site or be positive online and off? Oh well. I think I figured out the answer. "A lot." Obviously people do not follow these simple rules because otherwise there wouldn't be a demand for this information. And from my experience with job seekers, many people do not think twice about how often employers check out candidates online (I think that 70% of employers check online).   So I get it. But I can still ask the question. I guess it is just me.

I am always eager to learn how other countries are managing their company or brand online reputations. Here in the U.S., it is always a topic of conversation at work or at home. Therefore I was pleased when a colleague in our office in the Hague sent me some research they did among executives in Dutch organizations on the subject. I was particularly pleased that they cited our global research that we did on online reputation management in cooperation with the Economist Intelligence Unit. Here are some of the facts that jumped out at me and here is the link if you are interested in learning more.

• Most Dutch companies actively monitor social media but do not react proactively when something appears online that impacts their reputation.
• Dutch companies are slow to react to detractors online or what we call badvocates (I would say that companies here in the U.S. do not necessarily react that quickly either). Dutch companies are quicker to respond to advocates or those who support them than their critics. I think that this reflects the difficulty in getting executives to agree on what to say to detractors. There are so many opinions and people to consult unless you are extremely well-rehearsed or  fairly advanced on the social media continuum.
• A large 62% said that they had encountered badvocates online and one-quarter felt that they had difficulty controling their impact.  I would have expected the latter number to be higher since it is hard to control one's badvocates. It is hard to know what to do unless you are in the social media conversation often and have built credibility.
• Suprising to me, these executives believe that positive comments online have a greater impact on reputation than negative comments. I would have thought the other way around since detractors' negativity travels so quickly here in the U.S.  But this does make sense.
• Nearly two-thirds (64%) say that Dutch companies do not have a plan for managing reputation online.  That seems to compare with the U.S. in terms of preparation. I think that most companies think about online reputation management but their planning is less than perfect.

 As my colleagues concluded, "organizations hear what they want to hear."  I have to totally agree with this conclusion. When I wrote my book on reputation recovery, one of the salient points I learned is how hard it is for companies to stop believing their own propaganda. It is more difficult than ever to think out of the silo or box.  Perhaps that is because every misstep today can be magnified and amplified. Someone once said to me that it is easy to listen but harder to hear. That is the truth. If you can read in Dutch, you might want to go here.

  There is an interesting article on Cnet about online reputation management. The article by Tom Krazit is mostly about the many ways that online reputation companies help people manage their reputations online. There have been many articles on online reputation management but I suspect that the reason this article appeared when it did was due to the change in name at ReputationDefender to Reputation.com. Why did ReputationDefender changes its name? It says on their website the following:  "It also better communicates the scope of our solutions, beyond the “defensive” and onto the “proactive” face of reputation and privacy management. Through Reputation.com, we will continue to focus on delivering high-quality reputation management and privacy products, but we will also focus more broadly on the issue of Internet identity and proactive reputation building." When you read Krazit's article, it reviews the savory and less savory ways that one's reputation can be improved online or somewhat buried in the rankings lineup on search engines. And of course, some of the methods are not revealed because that is the secret sauce of these firms. The founder of Reputation.com, Michael Fertik, defends people's rights to put their best foot (face?) forward in his brash quote: "Google is not God, it is not the First Amendment, and it's not the truth. It's probably the best machine of the last 10 years, but it's just a machine." I met Michael about two years ago because of our mutual interest in reputation.  I am sure he said the same thing to me about Google at our first meeting. He has a good point. Just because something surfaces at the top of Google does not necessarily make it absolutely true or the last word on an issue or topic or person.  I sincerely admire what Michael has built and the passion he puts into his business and people's right to defend themselves when they have been wronged or privacy is invaded in harmful ways (they have a product for cyberbullying,  MyChild).  He has built a business from the ground up and I applaud that. I am glad that his business is doing so well. Interestingly, the writer asked Google for its opinion on reputation management online and they forwarded the following comment:

Our goal is to help people find relevant information. So, we don't condone reputation management campaigns that attempt to hide relevant information. While there is nothing in our guidelines that explicitly forbids reputation management, if we uncover link schemes or other violations, we reserve the right to take action in response. We are constantly working to improve our algorithms to ensure people find the most relevant information possible for their searches.

Ultimately, I agree with the author who at the end of the article concludes:

  A survey on irritating buzzwords was forwarded to me last week and I was delighted that "online reputation management" was not among them although it made me wonder. In my narrow world, online reputation management seems to be ubiquitous and I use it alot. The last thing I would want to be called is bothersome. However, the analysis by an independent research group for The Creative Group looked at the" most annoying" industry buzzwords according to marketing and advertising executives. As you can only imagine, "social media" and "social networking" are at the top. I have to admit that I have used some of these words myself so I am not a complete innocent. However, I am now forewarned. I noticed that 24/7 was mentioned (number 20) which made me recall the New York Times Public Editor's article from yesterday that cited the paper's dot com site's assistant managing editor Jim Roberts who calls it the 1440/7 news cycle because there are  1,440 minutes every day, seven days a week with "each one of those minutes demanding news for delivery to a networked world."  I think that Jim Roberts has it exactly right when it comes to filling the news demand. 25 Most Annoying Marketing Buzzwords

1. "Social media/social networking"
2. "Synergy"
3. "Free"
4. "Innovative/innovation"
5. "ROI/return on investment"
6. "Extra value/value added"
7. "Model(s)"
8. "Telemarketing"
9. "Social media expert"
10. "Resolve"
11. "Moving forward"
12. "Branding"
13. "Multitasking"
14. "Going green"
15. "Proactive"
16. "Think out of the box"
17. "Culture change"
18. "End of the day"
19. "Interactive"
20. "24/7"
21. "Integrated/integration"
22. "Viral"
23. "The big idea"
24. "Leverage"
25. "Unique"

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Nearly one year later, with a pile of drafts,articles and reports on the floor in my office, my article on Reputation Warfare appeared. Where can i find Phenytoin online, I am joyously grateful that an idea that came to mind last Thanksgiving came to fruition and now sits proudly inside the HBR December issue (and online). What amazes me is that I never lost interest for one minute in the topic of how companies can learn lessons from the military on how to defend themselves against online asymmetrical attacks from reputation detractors or snipers.  Even now as the issue sits with readers, my interest in reputation defense in this brave new world has not diminished.  I regard that as a gift to be grateful for, Oklahoma City, Oklahoma. Las Vegas, Nevada. Baltimore, Maryland. Milwaukee, Wisconsin, A colleague wrote me yesterday after reading the article that even more challenging and complex reputational assaults lie ahead. How true, buy Phenytoin no prescription. Order Phenytoin online overnight delivery no prescription, That's good news to me.

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Buy Cotrimoxazole Without Prescription, In our research on online reputation management, Risky Business, which we conducted in cooperation with The Economist Intelligence Unit,  we found that employee criticism tied for first place with leaked confidential information as the greatest online reputation risks to a company's reputation. Today I read about a product called Social Sentry that provides employers with the ability to track what employees are saying about the company in social media while using work computers, 5mg, 50mg, 75mg, 100mg. Indianapolis, Indiana, San Francisco, California, The software lets a company know if something questionable is being said such or revealed.  [Note: If an employee is using his or her own personal computer, it cannot track that information.] The article points out that this tool brings the privacay debate to the surface, 650mg, 800mg, 875mg, 900mg. 0.4mg, 0.5mg, 1mg, 2.5mg, Of course, this is one way to manage reputation but one has to ask whether it is really worth it, Fort Worth, Texas. Denver, Colorado. Buy Cotrimoxazole no prescription, I am not sure. Buy Cotrimoxazole without prescription. Online buy Cotrimoxazole without a prescription. Chicago, Illinois. Houston, Texas. Japan, craiglist, ebay, overseas, paypal. Cotrimoxazole price. Cotrimoxazole samples. Buy Cotrimoxazole online cod. 1000mg, 2000mg. Order Cotrimoxazole online c.o.d. Købe Cotrimoxazole online, αγοράζουν online Cotrimoxazole. Order Cotrimoxazole online overnight delivery no prescription. Online buying Cotrimoxazole hcl. Cotrimoxazole FDA approveds. Purchase Cotrimoxazole online no prescription. El Paso, Texas. Washington, D.C. Seattle, Washington. Comprar en línea Cotrimoxazole, comprar Cotrimoxazole baratos. Cotrimoxazole trusted pharmacy. Purchase Cotrimoxazole online. Köpa Cotrimoxazole online, Osta Cotrimoxazole online, Jotta Cotrimoxazole verkossa. Boston, Massachusetts. Charlotte, Carolina. Buy cheap Cotrimoxazole. Reasons to buy Cotrimoxazole online. Austin, Texas, Memphis, Tennessee. Buy Cotrimoxazole from mexico. Cotrimoxazole from canadian pharmacy. Baltimore, Maryland. Milwaukee, Wisconsin. Cotrimoxazole for sale. Order Cotrimoxazole no prescription. Where can i buy cheapest Cotrimoxazole online. New York. Los Angeles, California. Jacksonville, Florida, Columbus, Ohio. Cotrimoxazole coupon. Where can i order Cotrimoxazole without prescription. Buy Cotrimoxazole online no prescription. Where can i buy Cotrimoxazole online. Kjøpe Cotrimoxazole online, bestill Cotrimoxazole online. Buy Cotrimoxazole without a prescription. Cotrimoxazole FDA approveds. Online buy Cotrimoxazole without a prescription. Buy Cotrimoxazole without prescription. Cotrimoxazole for sale. Where can i order Cotrimoxazole without prescription. Where can i buy Cotrimoxazole online. Cotrimoxazole from canadian pharmacy. Buy Cotrimoxazole from canada. Austin, Texas, Memphis, Tennessee. New York. Los Angeles, California. Where can i buy cheapest Cotrimoxazole online. Cotrimoxazole withdrawal, snort, alcohol iteraction. Detroit, Michigan, San Jose, California. Philadelphia, Pennsylvania. Phoenix, Arizona. 400mg, 450mg, 500mg, 625mg. Acheter en ligne Cotrimoxazole, acheter Cotrimoxazole bon marché. 125mg, 150mg, 200mg, 250mg. Kjøpe Cotrimoxazole online, bestill Cotrimoxazole online. Canada, mexico, india. San Diego, California. Dallas, Texas. San Antonio, Texas. Indianapolis, Indiana, San Francisco, California. Fort Worth, Texas. Denver, Colorado.

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Traveling requires a bit of adjusting when I return home. I was in LA and Dallas last week and then returned home to find my laptop not working properly on Sunday. I know….never work on Sundays. Therefore I was locked out of writing my blog and here it is already Wednesday without me having posted anything until now. Travel can be very disruptive despite the well-neededflight time where you get some time to read and think.  The passenger sitting next to me missed his flight to Berlin for business and that got me all anxious as we tried to figure out what the chances were that his connection would also be delayed.  Turns out he worked at HP in communications so we got to talking about PR. He missed his flight unhappily.

 

As usual, I was storehousing information on reputation and online reputation management which has occupied a lot of my time lately (the first three from The Economist where they had an insightful special report on the “rich.” The reputation of the financial services sector has certainly taken a big hit and am hoping to see signs of some renewal. But as the facts below convey, people are having a hard time believing everything they hear these days.  

• 63% of wealthy Americans have lost faith in financial services companies (Harrison Group)
• 64% of people living in Britain think that banks that have taken government funds should not allow executives to get any bonuses at all (Populus Poll)
• 70% of rich people took some of their money away from their financial advisors (Prince & Associates)
• Turning to social media…41% of companies say they have developed social media policies and guidelines (Paper presented to the 12th Annual International Public Relations Conference by Donald Wright and Michelle Hinson)
• Most intriguing and fun to learn was this… Hitwise, the social media metrics site, says that social media has taken over from pornography as the number one use of the Internet (Paper presented to the 12th Annual International Public Relations Conference by Donald Wright and Michelle Hinson)

 

All this brings me back to traveling. Yesterday I paid rapt attention to a book review in the Wall Street Journal by David Myers. The book by Winifred Gallagher, RAPT, provides strategies on living a focused life.  Ah yes. I felt calmer just reading the book review. But this is what has stuck in my mind since I read the review and hopefully the book (if I can focus long enough to get to Amazon.com).

 

“To preserve my own mind from electronic takeover, I spend an hour alone each afternoon, without a computer or phone, in a local coffee shop, and I ask my assistant to forward messages from my public email address only near the end of each day. I've noticed that I prefer long plane rides to shorter ones, thanks to the extra time for uninterrupted thinking or reading. A University of Michigan research team led by Marc Berman recently observed that students who took an hour-long walk in the serenity of the Ann Arbor Arboretum, rather than through downtown Ann Arbor, showed an increased capacity for attention.”

 

 

 

 

 

 

 

     

 

   

 

 

 

   

 

 

 

In an article from Tom Friedman today on Pirates and U.S. foreign policy, he said. “The issues we have with them look less like problems that can be solved and more like conditions that we have to manage.” This made me think about social media – not easily solved but you need to manage. This week I was talking to a company about the importance of online reputation management and the need to be prepared and understand how to use this media if your “Dell moment” arrives.  I do not think I made much headway because they felt safer being under the radar.  Companies might not be able to solve the countless ways that their reputations can be harmed online (think Dominos pizza) but they need to try to manage their online reputations because doing nothing or next to nothing is irresponsible. You've got to think of your employees, customers and investors. That's my two cents.

 

By the way, participated in a new business meeting with my colleagues in LA. They are damm good!