Online Reputation Management - 3 Steps to Balance Risk and Reward

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Slide 1:

1 Online Reputation Management (ORM) 3 Steps to Balance Risk and Reward!

Rob Thomas – WSI Consultant (UK):

Rob Thomas – WSI Consultant (UK) LinkedIn Search 97,072 results WSI very focused on ORM 4 of top 10 are WSI Consultants Rob’s passion! 2

Webinar today:

Webinar today Structure: Introduction What is Online Reputation Management (ORM) Why is it important T he 3 Steps to balance Risk & Reward Monitoring Analysis Influencing Digital Crisis Management 3

Introduction:

Introduction Remember the old adage? Good tell one, bad tell 10! Online multiply the impact x ‘000s The buzz can be good or bad You can’t control it But you can influence it Successful businesses listen and act! 4

What is Online Reputation?:

What is Online Reputation? Sum of what you do, say and what people say about you: Good = increased customers & sales Bad = reverse trend and may even go bust! Online Reputation Management means: High ranking good publicity is the goal Focus search results where ever they are 5

Why is ORM Important today?:

Why is ORM Important today? When people check you out they find: Hopefully your website….. But lots, lots more: Comparison site information Social Media comments Review sites Discussion groups / blogs All this = ORM 6

You may have heard on these?:

You may have heard on these? 7 Risk Reward!

3 Steps to balance Risk Reward :

3 Steps to balance Risk Reward 8 Step 1: Monitoring: Google and Yahoo! Alerts Social Mention Radian6 HootSuite Technorati Addict-O-Matic ReputationDefender WSI ReachCast

Slide 9:

Live in North America from 1 st Jan 2011 Due to go live in the UK in early Q2 this year….. 9

3 Steps to balance Risk Reward :

Step 2: Analysis Healthy conversations are both + and – in origin Provided you are listening you can turn both into + ORM Analyse and strategize: Immediate appropriate conversations Strategic change communicated too! 10 3 Steps to balance Risk Reward

Balancing Risk & Reward:

Balancing Risk & Reward I don’t meant to scare you! If you are ‘proactive’ (rather than reactive): Then you can reduce the risk But you should not stop listening That takes us nicely onto step 3 11

3 Steps to balance Risk Reward :

3 Steps to balance Risk Reward Step 3: Influencing When the situation is a crisis (more in a minute) Traditional PR responses are being challenged by the Digital Age i nstant opportunity to improve the brand delay can only damage It is the opinions of customer that count Proactive steps can help suppress negativity: If the ratio of + to – is 10 to 1, then do the math(s) Take an active part in your industry blogs for instance 12

Step 3: Influencing - How:

Step 3: Influencing - How 13 Select the right social technologies: Segment your customers first Then match to the right ones The most popular ones, Facebook & Twitter may be a match but check Your ‘Tone of Voice’ is important Demonstrate your expertise to enhance your reputation

Digital Crisis Management:

Digital Crisis Management Digital Crisis Management Plan: Vital to have plans in place to deal with them Success is driven by: Timing Response & Sincerity 14

Digital Crisis Management:

Digital Crisis Management 5 Development Stages of a Digital Crisis Management: Speed Hyper-transparency Dialogue Search Brand Enemy 15

Digital Crisis Management:

Digital Crisis Management 5 ways to prepare for Digital Crisis Management (DCM): Monitor Respond Instantly Keep a regular tone Educate your employees Establish a business-wide “Digital Crisis Strategy” 16

Summary & Further Resources:

Summary & Further Resources The 3 steps to ORM are: Monitor Analyze Influence Don’t be a victim be a winner: Take control of your ORM D ownload the white paper @ www.getwsipowered.com 17

Any questions you think of later?:

Any questions you think of later? We’re just about to do the Q & A but first: http :// uk.linkedin.com/in/robthomas For more information and/or support in implementing your own Online Reputation Management system – please get back in contact with your local WSI Internet Marketing Consultant who would be pleased to assist you http://www.wsimarketing.com/locateimc.aspx 18

Q & A:

Q & A Any questions left to answer from the webinar? Thank you for attending  19