The reputation of your business matters a lot, it plays a role on how customers view your business and if they would be willing to trade with you. With the help of the internet it has become very easy for news and information to spread, meaning one wrong move from your business, the world would know about it in minutes. To preserve and secure the reputation of your business it is very important you work with transparency and honesty.
Your business reputation
- Thread starter eldavis
- Start date
Your reputation as a business has direct bearing with your sales. People would not want to patronize a brand that has a bad reputation. That is why every business should make sure they maintain a positive reputation at all times.
Transparency is one of the core elements of the success when it comes to conducting any business. make sure that you never engage in unethical business practice and deal with your customers honestly.
Your reputation of your business is 100% dependent on what you offer your customers and that is the reason why you have to offer them high quality product and services.
There is a reason companies spend so much money to maintain a positive reputation. It has a direct relationship with sales. Government and other brands won't want to associate with a business that has a negative reputation.
One has to be very careful in order not to tarnish their images in the eyes of the customers as it is one of the things that brings forth good deals and success to a business as no one would want to trade with someone with a bad reputation.
Yes you are right, I am an online business person. I have tried my best for my customers, but there will still be irresponsible individuals who try to bring down my business by making slander. So I need to clarify so as not to harm my business reputation.
The reputation of a business has a direct impact on sales. No one will buy from a company with a poor reputation. Always sell quality products and be honest with your customers.
Every business owner should be aware that reputation precedes their ventures. Businesspeople should thus be proactive in ensuring that neither employees nor them passively or actively engage in questionable conduct that could ruin the reputation of their enterprises.
Building a reputable brand is not however a joke. The entrepreneurs must go to an extra mile, working hard in doing promotion and marketing of the brand while working on the provision of quality customer services on the business.
It is not in marketing and promotions, those ones would boost sales. One of the things that would boost your reputation as a business is the level of your corporate social responsibility. This include to your staff, society and the customers.
- Thread starter
- #14
Yes this is extremely important. This is where so many business fail today. Most business owners do care about their reputation, they simply want to make money by any means necessary.
When customers sense that the only goal of any business is just to make money, they would shun that business. Businesses should guard their reputation as bad reputation can drive sales lower.
- Thread starter
- #16
Yes that's true, when you focus on just making profit alone, you might end up loosing a lot cause you would no longer consider quality or even the customer satisfaction. All you are after is the money that comes in.
The primary motive of any business is to make money which we all know but a business is not supposed to loud it by their actions. Profit follows value. Money follows quality.
