How Does Good Online Reputation Impact a Business?
Online reputation plays a direct role in business sales. Cybercombat , believes that both good and bad online feedback impact a business in many ways. Here are some of the advantages of a sound online reputation for business owners: Increases Profitability One of the critical benefits of a good online reputation is that it helps to increase business profitability by increasing sales. On the other hand, a bad online reputation can also drastically drop the sales of an organization and lead to severe losses. Additionally, businesses would need to come up with non-profitable strategies to receive the trust of consumers. Meanwhile, studies showcase that single positive feedback on Yelp can increase revenues by nine percent. Eases Difficulty in Selling Selling a product or service is a tough job, especially with new market competitors. An excellent online reputation increases the trust of the consumers and increases their dependability of the company or the manufacturer