This article was originally published on FranchiseWire
We can all agree that information travels at the speed of a click, and any small business franchise owner knows the importance of maintaining a strong reputation in a world where information spreads rapidly. Your reputation can significantly impact customer trust, brand loyalty and overall success.
You’ve likely heard of terms like reputation marketing and reputation management, but in this article, we are going to focus specifically on reputation management — what it is and the strategies to develop in 2024 for your franchise’s reputation. This will be crucial in shaping how your business is perceived by your audience.
Reputation management involves safeguarding a company’s brand during crisis management. This is done by paying attention to all reviews, especially negative ones, and managing feedback on social media. It’s about resolving customer complaints and addressing negative posts about your company. With reputation management, you “manage” what your community thinks of your company. This happens by replying to negative reviews or by controlling negative posts on social media, just like this restaurant owner did as part of his reputation management strategy.
Here are seven essential tips that every small business franchise owner should know about reputation management.
Begin by comprehending the fundamentals of reputation management, which involves monitoring online discussions about your business. This will require that you monitor your customer reviews, and social media interactions. Recognize that reputation management is about actively overseeing what people are saying about your franchise, actively engaging with customer feedback, and addressing concerns.
Drumroll, please! What if I get a bad review? This is the number one question we get asked all the time by our clients. Our answer? Don’t shy away from negative reviews; instead, view them as opportunities for improvement. Craft thoughtful and constructive responses to negative feedback, demonstrating a commitment to addressing customer concerns. Surprisingly, having negative reviews can be beneficial. How so? They provide valuable insights into areas where your business can grow and enhance customer satisfaction. By addressing and resolving issues raised in these reviews, you not only improve your overall service but also showcase transparency and a dedication to continuous improvement. Authenticity will play a crucial role in 2024. By embracing negative feedback, you can ultimately lead to a stronger and more trustworthy relationship with your customers.
Recognize the dual role of reputation management in understanding customer perceptions and providing effective customer service. This requires you to stay attuned to your clients’ thoughts about your products and services. As this is an ongoing process, actively participate in reputation management efforts to gauge how your customers perceive your franchise and efficiently address any negative feedback that may arise.
Incorporate social listening into your reputation management strategy by using Topic Insights tools. Insights gather all of your reviews and quickly surface the topics that appear most frequently. This isn’t just keyword analysis; it’s machine learning to understand the context of the sentence or phrase and assign the appropriate topic, making them even more representative of what your reviews actually say about your business. Monitor discussions about your franchise on social media, even if customers don’t directly engage with your official pages. By staying attuned to these conversations, you can gain valuable insights into public sentiment and respond appropriately.
Utilize Google Alerts to receive timely notifications whenever your franchise is mentioned on the internet. This invaluable and free tool keeps you informed about online references to your business. By tracking these mentions, you can proactively manage your online reputation and respond promptly to any emerging issues.
Engage in proactive reputation management by being prompt. Timely responses not only demonstrate your commitment to customer service but also allow you to address concerns, resolve issues, and take control of the narrative surrounding your franchise. Being prompt also allows you to adjust or improve your services or products based on negative reviews, giving you a strategic advantage.
Stay informed about best practices in online reputation management. Explore various strategies and techniques for effectively handling negative reviews and enhancing your franchise’s overall online image. Continuously educate yourself to adapt to evolving trends in reputation management and ensure the long-term success of your franchise. Because consumer habits and trends are always changing, you must consistently continue to educate yourself.
Stay informed about the latest market shifts, emerging preferences, and technological advancements. This ongoing education ensures that your business remains adaptable and can proactively respond to the evolving needs and expectations of your target audience.
We can all agree that the world is changing at such a rapid pace that, at times, it is difficult to keep up with all the trends and control elements that are beyond our power. However, reputation management is one key element in our franchise business that you can definitely control. One of the key points we tell our clients is to always shape the perception of your franchise the best way that aligns to your brands values and objectives. Because there are platforms where you can automate the review process, you will get an influx of reviews from your customers.
With an influx of reviews, you will have the opportunity to respond to and engage with your customers. This presents a valuable chance to not only address concerns or feedback but also to showcase your commitment to customer satisfaction. Franchise owners serve as brand ambassadors within a large franchise system. By overseeing your franchise’s reputation, you set up the entire network of the brand for success, as not only will the brand thrive, but it will also attract prospective investors looking to capitalize on a reputable and flourishing franchise brand.
Based on our research, we have noticed that prospects read between 12 to 15 Google My Business accounts of a brand. They carefully go through each review, paying particular attention to responses. This scrutiny helps them assess aspects such as customer service and franchise support, providing valuable insights into the brand’s culture and values. Remember that answering reviews shouldn’t feel like walking on cracked shells. Your franchise business image is in your hands, and you have full control over how you portray your reputation by having a reputation management strategy. In 2024, leverage your franchise image through effective reputation management; it will be crucial for nurturing both short and long-term success.