The Twenty Million Dollar Blog Entry
08 11 2008
Ever had a bad experience with a company?
I know I have. And I wanted to tell the whole world just how bad my experience was. In the past, I would tell my friends and family about the company and suggest they find another company to deal with. When I had my last apartment I had a list in my address book of companies that had cheated friends and co-workers and a list of companies that came highly recommended by those same friends and co-workers.
With blogs, anyone can instantly tell hundreds, thousands, even tens of thousands of strangers about their unhappy experience. That single blog entry has the potential to lead to lost revenue for the company being discussed and hurt that company where it matters most. If you think about it, isn’t that really the intent of telling others that a company should be avoided?
A clever marketing or business owner might find that blog entry, work with the blogger to resolve the issues and turn an unhappy customer into one of their happiest. That blog entry suddenly becomes a real-life example of how well the company deals with problems and how they fix them.
Or, the company being discussed could simply hire a lawyer and file a lawsuit looking for reimbursement for lost revenues and even ask for punitive damages. The blogger might feel they are simply relating a factual accounting of their experience and stating an opinion. Free speech and all that. Right? Maybe not.
I know I have. And I wanted to tell the whole world just how bad my experience was. In the past, I would tell my friends and family about the company and suggest they find another company to deal with. When I had my last apartment I had a list in my address book of companies that had cheated friends and co-workers and a list of companies that came highly recommended by those same friends and co-workers. With blogs, anyone can instantly tell hundreds, thousands, even tens of thousands of strangers about their unhappy experience. That single blog entry has the potential to lead to lost revenue for the company being discussed and hurt that company where it matters most. If you think about it, isn’t that really the intent of telling others that a company should be avoided?
A clever marketing or business owner might find that blog entry, work with the blogger to resolve the issues and turn an unhappy customer into one of their happiest. That blog entry suddenly becomes a real-life example of how well the company deals with problems and how they fix them.
Or, the company being discussed could simply hire a lawyer and file a lawsuit looking for reimbursement for lost revenues and even ask for punitive damages. The blogger might feel they are simply relating a factual accounting of their experience and stating an opinion. Free speech and all that. Right? Maybe not.
Continue reading "The Twenty Million Dollar Blog Entry"
Comments : 3 Comments »
Categories : Being Web Savvy
Trackbacks : No Trackbacks »
Many of us spend a great deal of time seeking ways to advertise our websites and businesses to stand out from the crowd.