According to Gartner, reputation management is the practice of influencing stakeholder perceptions and public conversations about an organization and its brands. It includes monitoring perceptions and conversations, responding to reputation threats, and proactively seizing opportunities to boost reputation.
Every day customers submit online reviews about your products and services. These reviews appear in the search results and on social media platforms, influencing potential customers' purchase decisions. Reasons for taking your business reputation seriously include:
Start with developing a reputation management strategy. Who will be responsible for monitoring customer reviews? How will you determine which comments, negative reviews, or mentions of your brand are worth addressing? What tone will you take with bad reviews or positive reviews?
Yes, there are tools and reputation management software to help you manage your online presence. Some of the most popular tools are Yext, SEMRush, and Brightlocal. These tools can help you:
The cost of reputation management will depend on the work. Pricing starts at $299 per month to improve online reviews. You can pay up to $20,000 per month to “alter search engine results for a company”. In some SEO and social media offerings, business reputation management is included or may be offered as an add-on.