Brand building: Trust or reputation, which way will your brand follow?
Author: yinkaolaito
Yinka Olaito is happy,excited and passionate Brand Communication, Social Media expert, Trainer and speaker. Yinka Olaito helps brands(Profits and Non-profits)with effective communication and positioning for premium service delivery and returns.Yinka Olaito also has special interest in Development Communication and has consulted for noted UN Agencies. Yinka Olaito is the CCO of Michael Sage consulting and African Child Right Inc.Lagos Nigeria
Time is changing gradually. Knowledge too is spreading like wildfire. What used to be politically correct few years ago are being reviewed. I was just considering these two words as they relate to professional usage recently and I discovered that many brand drivers may be breaking the thin line between the two. Reputation is what people see. It is often manipulated to achieve a predetermined aim. It speaks volume about brand status and standing as well as character. There is nothing wrong with a systematic application of brand reputation building tools that will engage the stakeholder. But as we know today, tools are changing and there is need for re examination of each tool. Trust is much deeper than reputation because it demands transparency, openness. Trust heals wound of dishonesty. Trust places a high sense of responsibility on the brand, leadership, key players. Trust has greater dividend as it gives competitive advantage as well as salvage relationship during trying times. To really build trust, brand must carefully select, train internal audience. To build trust, it requires that everyone agrees on the need not to do business as usual, covering up but work with a strong determination to say it as it is and be willing to stand up to the demands of response-abilities. In closing, let us realize that nothing extreme, extraordinary happens in brand relationship except a strong level of trust can be established.We must also remember that one day all things may fail. At such time, the last thing brand or anyone want to make is first impression. It is no need. Build trust instead of impression.
So you are asking us to build trust instead of 1st impression but how can people trust us without the 1st impression? if I don’t like something from the 1st look then I will go to another.
I think 1st impression is important as long as you build strong personal brand. If you make the 1st impression then people will trust and make you a WoM … that’s mean reputation.
Impression > Trust > Reputation > Strong Brand = Identity
Am I right with the above equation?
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