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	<title>business space - Plymouth Daily News</title>
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		<title>How To Build Trust Among Consumers In A Crowded Business Space</title>
		<link>http://plymouthdailynews.com/2019/04/18/how-to-build-trust-among-consumers-in-a-crowded-business-space/</link>
		
		<dc:creator><![CDATA[Dejan Lesicar]]></dc:creator>
		<pubDate>Thu, 18 Apr 2019 09:29:23 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Lifestyle]]></category>
		<category><![CDATA[business space]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[trust]]></category>
		<guid isPermaLink="false">http://plymouthdailynews.com/?p=87837</guid>

					<description><![CDATA[<p>The trust of consumers seemed to plummet in the age of the internet review as a consumer that had a bad experience with a product/company can voice their opinions from others to see. Companies that continually created poor quality products were rooted out regardless of how incredible their return policy might be. Building trust among [&#8230;]</p>
<p>The post <a href="http://plymouthdailynews.com/2019/04/18/how-to-build-trust-among-consumers-in-a-crowded-business-space/">How To Build Trust Among Consumers In A Crowded Business Space</a> first appeared on <a href="http://plymouthdailynews.com">Plymouth Daily News</a>.</p>]]></description>
										<content:encoded><![CDATA[<figure class="wp-block-image"><img fetchpriority="high" decoding="async" width="1024" height="829" src="http://plymouthdailynews.com/wp-content/uploads/2019/04/team-spirit-2447163_1280-1024x829.jpg" alt="" class="wp-image-87838" srcset="http://plymouthdailynews.com/wp-content/uploads/2019/04/team-spirit-2447163_1280-1024x829.jpg 1024w, http://plymouthdailynews.com/wp-content/uploads/2019/04/team-spirit-2447163_1280-300x243.jpg 300w, http://plymouthdailynews.com/wp-content/uploads/2019/04/team-spirit-2447163_1280-768x622.jpg 768w, http://plymouthdailynews.com/wp-content/uploads/2019/04/team-spirit-2447163_1280.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>The trust of consumers <a href="https://hbr.org/2017/01/survey-peoples-trust-has-declined-in-business-media-government-and-ngos">seemed
to plummet in the age of the internet review</a> as a consumer that had a bad
experience with a product/company can voice their opinions from others to see.
Companies that continually created poor quality products were rooted out
regardless of how incredible their return policy might be. Building trust among
consumers as a company is not something that is going to happen in a week or
even a month. This is a long process but the following can help expedite this
with hard work and attention to detail. </p>



<h2 class="wp-block-heading">Put A Focus On Customer Satisfaction </h2>



<p>Customer satisfaction needs to be a focus
in a crowded space as a competitor with an inferior product can attract
customers as they make them feel valued. A great example of a company that has
earned the <a href="https://intellifluence.com/ghostbed-case-study">trust of
its customers is that of GhostBed</a>. They are in a space where their
competitors would rather throw money into marketing than into creating a
quality product. This is why they will continue to do great things in this
niche as customers that have a bed last for 20 years are sure to go back to the
same company that provided them decades of comfort. </p>



<h2 class="wp-block-heading">Monitor/Reply To Reviews Online</h2>



<p><a href="https://thrivehive.com/the-importance-of-online-reputation-monitoring/">Online
reviews</a> can be seen by anyone online so it is easy to deduce that consumers
will take a look at potential companies they would like to use and look at
their reviews. Reviews that are bashing the company need to be handled with
tact as this shows care about the customer. A properly worded response can
allow the company to salvage a customer as well as showcase their care for the
customer. With this being said replying to positive reviews is just as
important as customers showing appreciation should be acknowledged. Social
media is another place consumers flock to voice opinions so a customer service
rep should have access to these accounts to reply to negative posts about the
company. Most people just want to be heard or given a discount for their next
visit so keep this in mind. </p>



<h2 class="wp-block-heading">Partnering With Trusted Influencers</h2>



<p>Influencer marketing can be the perfect way
to gain the trust of followers of an influencer. The right influencers only
partner with quality brands that they support while others partner with any
brand willing to give them money. The ability to sift through these types of
influencers is important as they will offer little in terms of ROI. Influencers
that engage with their followers through comments and have created a sense of
community can be perfect to partner with. The creation of the content should be
up to the influencer with the final approval of the brand. This allows the
influencer to create content that is in line with what they usually produce
making it look extremely natural to their followers. The influencer understands
in a better way of what their followers like and respond to so their creation
of the content could help clarify the direction the brand should be taking with
a specific demographic. 

Building trust among consumers in your company’s
target demographic needs to be done with tact. Over the course of time the
trust built will become far harder to damage. This is the recipe for having
customers that come back for years or even the rest of their lives.



</p><p>The post <a href="http://plymouthdailynews.com/2019/04/18/how-to-build-trust-among-consumers-in-a-crowded-business-space/">How To Build Trust Among Consumers In A Crowded Business Space</a> first appeared on <a href="http://plymouthdailynews.com">Plymouth Daily News</a>.</p>]]></content:encoded>
					
		
		
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