More Than 5.4 Million New Businesses Are Started Every Year Around The World but for many of these businesses, they don’t even last past their first year. Here’s Why Businesses Need To Focus On Their Online Reputation For Their Survival!

With more and more businesses opening up each year, the need to have a positive online reputation has grown by leaps and bounds.

So today, more and more businesses are striving to have a clean business reputation that attracts visitors & helps convert them into lifetime happy buyers.

Research shows from the US Small Business Administration (which is not dis-similar to UK research  analysis shows the average failure rate for new business starts up’s as:

70% of new businesses survive beyond 2 years
50% of new businesses survive beyond 5 years
30% of new businesses survive beyond 10 years
25% of new businesses survive beyond 15 years

 

Yes, as shown above, a majority of businesses are forced to shut down & they never get a chance to reopen as having a bad online reputation is something that can’t be restored easily.Once a customer finds out a single bad piece of information about your brand, it spreads like wildfire amongst the masses & the tarnishes business reputation way beyond your imagination.

 

Audience leaving a 1 Star Rating or a higher one… everyone should be contacted if you want to grow your business

Posting consistently on social media is a key component of a successful social strategy

Our ORM Service is ideal for Bricks and Mortar brands. We help to increase response rates and enable businesses to respond whenever there is a negative review written by a customer.

SO WHAT CAN BUSINESS DO CURRENTLY AND WHAT CAN BE THE LIKELY RESULTS OF IGNORING THEIR REPUTATION