Reputation Defender My Edge Small Business White Paper 2008

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    Reputation Defender My Edge Small Business White Paper 2008 - Presentation Transcript

    1. ReputationDefender Corporate Online Reputation Management   Your Brand & the Internet: It’s a Brave New World The Numbers Internet users who 78% I NTRODUCTORY have researched a prod- With public relations campaigns, advertising strategies and B2B presentations, busi- uct or service online nesses have historically dictated both the medium and the message for their corpo- Americans who con- 16 rate communications. Times have changed; the Internet is the catalyst. sider the Internet cru- million cial in making impor- The bad news is that many small businesses are finding themselves ill-equipped to tant investment or manage their corporate brands and reputations online. The good news is that by up- business decisions dating antiquated business practices and enlisting expert support, businesses can even the playing field. American Internet us- 89% ers who have purchased U NDERSTANDING I NTERNET S EARCH E NGINES goods or services online Internet search engines, like Google, Yahoo! and MSN, are powerful and user-friendly Americans consulting 45% resources. The problem is that results that search engines consider most relevant (or Web for information making a major life most highly-ranked) do not necessarily provide a complete or accurate decision picture of a business’s products, services or more general corporate repu- tation. Left to their own devices, search engines sift through Internet   content concerning a corporate entity (much of this content is created by Top 4 Myths of ORM third-parties) and return results based upon which websites rank highest   People know the Internet  in an engine’s mechanized algorithm. is full of inaccuracies. The result is upside down: it is the search engine and not the company  No one is really influ- enced by the information they find online. The Answer: Online Reputation Management  Once you or your company T HE O LD G UARD R EMAINS N ECESSARY, B UT IT’ S N O L ONGER S UFFICIENT is attacked online, there is nothing that can be Pre-Internet public relations firms are still capable of placing articles for clients in done. leading publications and news outlets. Advertising firms, both online and off, are as savy as ever before in reaching a client’s consumer and/or B2B target populations. But  Public relations and ad- vertising are sufficient for neither entity is equipped to manage the portrait that the first several pages of an protecting and promoting Internet search engine paints about a corporate client. your corporate reputation. In the Internet Age, this is a glaring limitation for traditional corporate brand manage-  The Internet does not ment outfits. It begs the need for a third pillar of brand management and that pillar is affect my business. Online Reputation Management (ORM). O NLINE R EPUTATION M ANAGEMENT D EFINED ORM is the method of monitoring and directing Internet content. Many business leaders mistakenly believe that their successes, perhaps reported in major news out- lets and industry journals, are naturally carried over to the Internet — that search en- gines will filter through the morass of online information and present, in the first few pages of a Google, Yahoo! or MSN search, the ideal representation of their companies. Creating a company’s preferred online representation requires the support of an expert ORM firm. 
    2. Page 2 ReputationDefender ReputationDefender Corporate Online Reputation Management ORM: How It Works No successful business or business professional is without its detractors. On the Internet, these detractors, both legitimate and not, enjoy thousands of venues through which they can make their mark. This means that as consumers and industry analysts turn to the Internet as a primary and trusted medium for gaining information about a corporate en- tity, that entity’s Internet detractors can become powerful and persistent voices influenc- ing corporate reputation. At the same time, Internet search engine results, if managed effectively, provide compa- nies with a new and invaluable avenue with which corporate reputation can be reinforced. ORM recognizes that the Internet content a company creates about itself and the com- mentary created about that company are part of a larger, democratized conversation of “Search engines are not the Digital Age. ORM harnesses this conversation to create an online search engine image in the business of that squares with a business or business professional’s intended image. This result is giving the world the achieved as a function of three techniques: truth about your  Insulate the client from reputational attacks from third parties. company. That work is up to you and it is up  Ensure the first several pages of a search engine tell the full story of the client. to your ORM firm.”  Respond to and manage new content created by and about the client. - Michael Fertik, CEO ReputationDefender Note: ORM firms engage in complex mathematical modeling and content creation in order to produce results for clients. Case Studies in ORM The Numbers C ASE S TUDY #1: T HE P RUDENCE OF P ROACTIVE B ASE C OVERAGE Internet users who 64% The Company: Gallant Trust (GT) is a small business insurance pro- say that most or all vider. The firm enjoys a stellar reputation . For years, Gallant has em- of the information ployed local public relations and advertising firms to protect and pro- produced by search mote the GT brand. engines are reliable The Event: A regional newspaper publishes an article quoting one of and accurate Gallant's smaller, start-up clients as being dissatisfied with the in- surer's response to various routine claims. Gallant executives are not Average # of hours 8.9 spent online per pleased with the article, but they are confident that several well- Internet user p/wk placed responses will mitigate further fallout. A New Reality: What Gallant does not anticipate is the effect a single critical arti- Internet users who 41% cle can have once picked up by the blogosphere, the searchable index of Internet look online for finan- blogs. Whereas an Internet search prior to the problematic article turned up GT’s cial information (e.g., website along with related industry and general media links, a search now returns stock quotes, mort- two full pages of results, almost all criticizing GT’s insurance practices. gage interest rates) Aware that existing and potential clients use the Internet daily when considering   insurance providers, Gallant now has a rather serious brand issue on its hands. Analysis This case study represents a situation that businesses and their leaders find them- selves in everyday. ORM firms like ReputationDefender can effectively manage both corporate and personnel reputations online, even after you or your business has ex-   perienced reputational harm. But it is important to recognize that the more cost-effective and reliable path to effec-   tive ORM is to insulate your brand and reputation well before sailing into rocky waters on the Internet. Think of it as Google Insurance.  
    3.  Page 3 www.reputationdefender.com Case Studies in Active ORM (cont.) C ASE S TUDY #2: T HE H ALF S TORY & THE F IRE THAT B EGINS IN THE B LOGOSPHERE Spotlight on MyEdge  The Principal: Paul is a managing director at a local consumer bank. For the What past several months, he has been running point on a large real estate deal. MyEdge delivers a meticu- The Event: When the deal unexpectedly sours, a “real lous ORM service, tailored to estate watch” blog devotes considerable attention to client specifications. its fallout. The blog is picked up by newspapers and At MyEdge, an independent online forums. Paul’s judgment is called into question team is assigned to each client. The Trouble with the Half Story: While Paul has built over twenty years of transactional experience and the That team is then devoted bank continues to express confidence in his leadership, this is not what one to defining and protecting a would gather from conducting an Internet search of Paul’s name. The first client’s corporate or per- sonal online brand. pages of Internet search results are populated by articles, blogs and online fo- rum entries criticizing Paul and the recently failed deal. Why Analysis A client enlists Reputation- Defender’s MyEdge exper- Paul’s online image is suddenly a liability for his professional reputation and, by proxy, tise for one of three rea- the reputation of his employer. In a business world where we often Google before we sons: shake hands, Paul’s circumstance online is not to be left unattended. 1. The client has an existing  The fiduciary responsibility of a qualified ORM firm, like ReputationDefender, is online brand or reputa- to ensure that a client’s full story is told over the Internet. tion issue. 2. The client anticipates an C ASE S TUDY #3: D ISTANCE F ROM P AST M ISFORTUNE , W HY I T TAKES M ORE T HAN TIME online brand or reputa- The Company & the Principal: Winston Lang is the long-time CEO of Clyde’s, a tion issue. regional furniture store chain. The client wishes to in- The Event: Lang resigns unexpectedly when a disgruntled employee leaks an sulate itself from ever having an online brand or in-house memo to an Internet forum — a forum read widely reputation issue. within the furniture industry. The memo links Lang with de- cisions made by the Clyde’s design team to replicate popular furnishings of a leading competitor. Overnight, the scandal becomes an Internet, print and radio press favorite. The fol- “Companies that get their lowing three quarters see several outside and core brand sup- hows wrong won't be able to just hire a P.R. firm to pliers cancel their orders with Clyde’s. Without these brands, clean up the mess by a Clyde’s experiences an unprecedented dip in sales. taking a couple of A Different Way Forward: Eighteen months later and under reporters to lunch.” new leadership, Clyde’s is only beginning to pull its head out -Thomas Friedman, New of the rabbit’s hole. The company has just turned its first quarterly profit since York Times Columnist the Lang fiasco and suppliers are beginning to say “yes” to high-level meetings. But at almost every turn, Clyde’s executives are frustrated by suppliers’ con- cerns over aligning their own brands with that of Clyde’s. Over a year after the Lang debacle, the Clyde’s homepage remains flanked by damaging search en- gine results. Analysis Time has passed, but because news articles damaging to Clyde’s are rooted on high- ranking websites, search engines will not consider these articles considerably less rele- vant over time. Without enlisting ORM experts, such articles will remain top search results.
    4.  ReputationDefender, Inc. 2694 Middlefield Rd. Building A Redwood City, CA 94063-3487 ReputationDefender was created to defend your corporate 1.888.720.9980 reputation and your personal reputation online. We are 1.650.369.0116 (fax) committed to ensuring that the Internet is a medium where our clients can do business, pursue their passions, apply to school, apply for a job, explore romance and stay connected with friends and family, while knowing that their reputations, safety, and privacy are being protected 24 hours a day. Our services run across four lines:  Picasso: A bespoke service, provided to Fortune 1000 companies, CEOs and public figures who expect the very highest standard of service and results in Online Reputation Management (ORM). MyEdge delivers a holistic ORM suite that allows our clients to manage and control their corporate and/or professional portrait across leading Internet search engines.  Our commitment is to your  MyEdge organizes, optimizes and publishes professional peace of mind. & personal information online, ensuring bankers, lawyers, Our job is to watch your back. doctors, and other professionals’ good names on the Web. www.reputationdefender.com MyEdge elegantly and strategically places positive content about individuals or their small business on the Internet, and makes sure that it shows up in search engine results. It’s personal PR for the Web! Sources Crampton, Thomas. “Shopping Online Grabs  MyReputation/MyChild: A subscription service, 10% of the World’s Population.” The In- delivering a monthly Search® report of all content existing ternational Herald Tribune. 20 October on the Internet about you or your child. This report is 2005. refreshed monthly and monitored by your personally assigned and expert MyReputation/MyChild Search Agent. “Digital Future Report: Year Five.” University of Southern California, Annenberg School MyReputation/MyChild also furnishes our clients, for an for Communication. 7 December 2005. additional fee, the opportunity to command the MyReputation/MyChild Destroy® team to remove Friedman, Thomas L. “The Whole World is Watching.” The New York Times. 27 June inaccurate, inappropriate, hurtful and slanderous 2007. information about you and/or your child using our proprietary in-house methodology. Horrigan, John and Lee Rainie. “The Internet’s Growing Role in Life’s Major Moments.”  MyPrivacy: A subscription service, it delivers a monthly Pew Internet & American Life Project Re- report detailing the hundreds of online phonebooks and port. 9 August 2007. databrokering websites that house and sell your personal “Internet Activities.” Pew Internet & Ameri- information, including social security numbers, driver’s can Life Project. December 2006. 8 Au- license numbers, home address history, income, marriage gust 2007. and divorce records, email addresses, tax liens and telephone numbers. At no additional cost, MyPrivacy will “Life in America.” Techweb: The Business Technology Network. 15 December 2006. allow you to correct or remove your most personal information from these websites and data brokers.
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