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Posts Tagged ‘Reputation Management’

Beware of Brand-Bashing Badvocates

Friday, July 9th, 2010

images8I love it when PR folks coin a catchy phrase that succinctly captures a cultural phenomenon. “Badvocates,” attributed to Elizabeth Rizzo at Weber Shandwick, are people who stand on a virtual soapbox to criticize or detract from companies, brands or products. Simply put, they’re brand bashers. And left unchecked, they can unravel your company’s reputation — and bottom line — quicker than a jaguar in a yarn shop.

Thanks to the pervasiveness of the Internet and smart phones, consumers can voice their good and bad opinions about your company with just the touch of a button. And badvocates are passionate naysayers. They like to voice their criticisms early and often to whoever will listen. According to Weber Shandwick, badvocates represent 20 percent of adults online worldwide. And each badvocate reaches an average of 14 people. Yikes.

When people are unhappy, they vent their anger quickly — and most often, they vent online. Badvocates’ brand-bashing can get circulated around the globe within minutes. If your company is not actively listening to what’s being said online, you may be caught off guard by the media, customers and competitors who won’t hesitate to escalate the brand-bashing. Monitoring the online conversation can be educational as well. Badvocates often have legitimate gripes that if addressed, can help you strengthen your product line and maybe even turn that naysayer into a brand advocate.

The bad news about badvocates is that they typically control the conversation online and in mainstream media. Why? Because they are more proactive, passionate and prolific than their corporate targets. To mitigate badvocates’ impact, corporate America needs to step up communication efforts and prepare for disaster rather than wait for it to strike. Paul Barsch wrote a great blog for Marketing Profs in which he bemoans that too many businesses shelve or discard “’soft stuff’ such as brand management, press relations, crisis communications and the like . . . in favor of “just-in-time” strategies.”

The problem with the just-in-time approach is that it’s just too late. Restoring a reputation is significantly more difficult, expensive and time-consuming than protecting one. To make sure your business is well protected from the badvocates, consider launching a reputation “wellness” campaign. When it comes to reputation management, an ounce of prevention is worth at least a pound of cure.

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Your Reputation is on the Line

Tuesday, March 23rd, 2010

shirtsThe reputation of corporate America is under siege. A cynical public, 24/7 news cycle, bloggers, activists and stricter standards of corporate governance have created a business landscape rife with reputation-shattering landmines. One wrong step and you could face revenue loss, lawsuits, disruption of operations or worse.

To maneuver this landscape with reputation intact, take a proactive approach to communications and community relations. Monitor emerging issues, industry trends and competitive activity. Mitigate threats before they turn into crisis. Learn how to work with the media, not against them. Publicize your good works. Get engaged in the community.

A good reputation provides:

  • competitive advantage
  • increased sales
  • strategic partnerships
  • ability to attract best talent
  • benefit of the doubt if crisis strikes
  • potential to raise capital and share price
  • option to charge premium prices
  • better relationships with regulators

It’s no longer a question of “if” you’re going to suffer reputation damage and its consequences, but “when.” Everyone is susceptible, no matter your size or industry. Building and safeguarding a reputation is easier, quicker and cheaper than repairing one. Your corporate reputation is your greatest asset. Protect it. Grow your business and increase profits through comprehensive reputation management.

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