Why Reputation Is Such An Important Business Asset

Over the years I have learned that reputation is atestimonials from happy clients. You will find that
massively important business asset. The reason issatisfied clients are more than willing to let you quote
easy to understand. People like to feel secure whenwhat they have said.
they make a purchase. Your clients like to know thatPersonally I like case studies. They are a great way to
they are making a good decision whey they purchasebuild your reputation and also to learn from your
from you.successes. Over the years I have developed a really
But, what is reputation? A good way to definegood technique for presenting case studies. I share this
reputation is: "the visible accumulated effect of yourwith members of my Marketing Club.
past activities." Please let me know if you have aMost people don't put enough effort into broadcasting
better description.their reputations. If you don't do it no one else will do it
Why is Reputation so important to a business?for you. Don't hide your light under a bush, get out
Because it is a benchmark against which athere and tell the world how good you are. People like
prospective client can make a judgement about theto hear good news.
quality of service they are likely to get from yourOne point is for sure, large corporations would not
organization.spend so much money on Corporate Advertising, PR,
How do you build a reputation? The short answer is toSponsorship and Hospitality if they didn't believe it to be
always do good work. But you can add to the goodimportant to keep themselves firmly in the public eye. If
effect by finding ways to measure the results you getthey feel the need to keep boosting their reputations, it
so that they can be quantified.must be important for you.
Testimonials from happy clients are another way toSo go to it - write articles, give interviews, get on your
build your reputation and add to the reassurance that alocal radio, talk yourself up, tell the world about all the
prospect will feel when they are about to purchasegood things you have done.
from you. Make a point of always asking for