Satisfied Customers Tell Three Friends, Angry Customers Tell 3,000: Running a Business in Today's Consumer-Driven World

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Author: Pete Blackshaw

ISBN-10: 1400107318

ISBN-13: 9781400107315

Category: Organizational Behavior

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New-media pioneer Pete Blackshaw contends that because anyone with a computer can broadcast an opinion to millions and derail a multibillion-dollar company or undermine a global brand, companies today need to build and maintain credibility on every front. Publishers Weekly In June 2006, a man named Vincent Ferrari had a shockingly combative conversation with an AOL sales rep; he recorded it and posted it on YouTube. More than 62,827 viewings later, AOL's reputation was irretrievably damaged. In the digital age, disgruntled customers are now in the driver's seat, argues Blackshaw in this thoughtful and engaging book. With the advent of Consumerist.com and other venues where customers can blow off steam about bad service or deficient products, consumer generated media is a force to be reckoned with. Since consumers trust other consumers above companies or brands, a company's success depends on its credibility and its ability to gain the trust and support of Web-savvy, outspoken and influential customers. Through remarkable stories of mass consumer advocacy and the power of bloggers and ordinary Joes with an Internet connection and a bone to pick, Blackshaw advises executives on how to build credibility into their businesses through blogs, Web sites and video postings. Informative, energetic and entertaining, this is a marvelous argument for corporate responsibility and accountability, interesting to laypeople and instructive for executives. (July)Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Acknowledgments     ixIntroduction     1The Credibility of the Commons and the Core Credibility Drivers     13The Consumer's the Boss: Today's New Consumer-Generated World     40Measuring CGM     62Not All Marketers Are Liars: Marketing and Advertising with Credibility     89Postcards from the Welcome Mat: Credibility and Your Web Site     106This Company May Be Monitored for Quality Purposes: Credibility in Your Product     122No Place to Hide: Credibility and the CEO     133The Neglected Stepchild: Consumer Affairs     149When Your Company Is Googled: Troubleshooting     162Epilogue     183Notes     187Index     188