How can a Business get rid of the Bad Name that it has earned?
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68 comments Page 6 of 7.
Ashok Jahde said:
9 years ago
Hi Friends,
A bad name of the organization/Company in the business is one of the major reason is:
1. Make a decision in time for the business.
2. Quality product.
3. Why the product is good to convince of the people.
4. Customers believe in the company.
5. Supply of the product in time anywhere and anytime.
A bad name of the organization/Company in the business is one of the major reason is:
1. Make a decision in time for the business.
2. Quality product.
3. Why the product is good to convince of the people.
4. Customers believe in the company.
5. Supply of the product in time anywhere and anytime.
(4)
Vishal Jagtap said:
1 decade ago
Hello Friends,
Today topic is very serious topic and really good for management students to come up with solution.
Any business required more time and effort to build a good reputation in the market and the vice versa it will take very few time to destroyed all the goodwill earned in the market. If business loose his reputation then the main thing is to find out the route cause of the reason, once we get the route cause then how to overcome on it, find out the all possible solution to reach the solution. And make the necessary changes in business VISION and MISSION sentence, and let the all employee know the recent changes so no chances of getting the same mistake happen again. Try to do some different and good thing so may be people can attract to that thing and forget the main thing which is the reason of bad reputation of the business.
Thank you so much for listening my idea.
Today topic is very serious topic and really good for management students to come up with solution.
Any business required more time and effort to build a good reputation in the market and the vice versa it will take very few time to destroyed all the goodwill earned in the market. If business loose his reputation then the main thing is to find out the route cause of the reason, once we get the route cause then how to overcome on it, find out the all possible solution to reach the solution. And make the necessary changes in business VISION and MISSION sentence, and let the all employee know the recent changes so no chances of getting the same mistake happen again. Try to do some different and good thing so may be people can attract to that thing and forget the main thing which is the reason of bad reputation of the business.
Thank you so much for listening my idea.
(3)
Mithun said:
1 decade ago
When a bad reputation strikes, the preliminary thing that has to be the finding out of what is the factor is, and the realisation that it could pull you all the way down. It is war time and execution is to be done at the max speed, hence the strategy should be implemented too fast. It should also be made sure that the solution is known to the public, ie, each and every one of the affected ones at least. Media should be handled appropriately and should be tide turned so as not to get the opposition.
(3)
Saroj said:
1 decade ago
I think possible solution would be to convey message in the public by the the chairmen or owner of the company. Second solution could be to advertise through public for public. Word of mouth. Take a sample of people from different cities, different demographic category. Let them use that product and afterwards they will promote your product. And yes definitely first of all find the basic reason for the failure or bad image created, and remove it or improve it. First make sure that the product is good now.
(3)
Sheikh said:
1 decade ago
Yup, good reputation to a company comes after a hard and long process of satisfying customers. Ones if the company goes wrong in some condition then it will loose its reputation which it gained in that long process.
It can regain it by giving a good and cute message to the public in commercial advertisements or newspapers, and of course by giving good quality tested product with reasonable prices. In this situation company should not go for discount method for their products, or else the public may think the company is influencing the customers to buy their products which would be a harmful. Instead of that, a company can give the reasonable price for the product with a great marketing strategy.
Thank you.
It can regain it by giving a good and cute message to the public in commercial advertisements or newspapers, and of course by giving good quality tested product with reasonable prices. In this situation company should not go for discount method for their products, or else the public may think the company is influencing the customers to buy their products which would be a harmful. Instead of that, a company can give the reasonable price for the product with a great marketing strategy.
Thank you.
(3)
Piyush said:
1 decade ago
I think goodwill of a business is prime important factor in its success and growth but as a businessman think and plan things it may not come in its way there may be different reasons which can create its bad image example-the relationship of the staff with the customers is rude, quality have been lowered, prices have increased and many more things. Now the only way for a businessman to get rid of this is to improve the factors causing the bad image, if posible change the location and name because it take lot of time to maintin goodwill but take a minute in spoiling it.
(3)
Monika said:
1 decade ago
The companies have a aim to maximize profit in all circumstances but it can't be done without customers satisfaction.
So, first of all, it is needed to have a good behaviour with customers because rude behaviour is acceptable by none, and it can be major reason of company's bad reputation. Every customer should feel, they are the only one.
Find out the causes governing the bad reputation and execute the solutions as soon as possible because of today's cut throat competition. The solutions should be somewhat visible and satisfiable to the customer.
The Media should be handled properly and effectively as the media has the great impact on people by doing so a company's good will can reach to each and every person who had been affected atleast once and never leak the information about the internal hazards that company following because of bad reputation, show that its running well and working in faith of customer and never let opposition to take advantage of your company's bad reputation.
Make a time to time survey and Add new and advanced features to the product as a surprise package, according to customer's need before your opposition and keep an eye on them.
So, first of all, it is needed to have a good behaviour with customers because rude behaviour is acceptable by none, and it can be major reason of company's bad reputation. Every customer should feel, they are the only one.
Find out the causes governing the bad reputation and execute the solutions as soon as possible because of today's cut throat competition. The solutions should be somewhat visible and satisfiable to the customer.
The Media should be handled properly and effectively as the media has the great impact on people by doing so a company's good will can reach to each and every person who had been affected atleast once and never leak the information about the internal hazards that company following because of bad reputation, show that its running well and working in faith of customer and never let opposition to take advantage of your company's bad reputation.
Make a time to time survey and Add new and advanced features to the product as a surprise package, according to customer's need before your opposition and keep an eye on them.
(3)
Yash said:
1 decade ago
Good evening everyone.
In my opinion if a business is rid of getting a bad name or a bad identity in the market first we need to study the cause accordingly we need to decide on which basis the name or the reputation of the business is effected and than need to relaunch that particular thing so as to create a good position in customers mind start maintaining quality focusing on social responsibility this all things if done in a better manner than only a business can come out of the situation.
In my opinion if a business is rid of getting a bad name or a bad identity in the market first we need to study the cause accordingly we need to decide on which basis the name or the reputation of the business is effected and than need to relaunch that particular thing so as to create a good position in customers mind start maintaining quality focusing on social responsibility this all things if done in a better manner than only a business can come out of the situation.
(3)
Akanksha. said:
1 decade ago
There can be many reasons for a company gaining bad name. But there are also required solutions to get rid of it, for example when cadbury earned bad reputation as it was found that the chocolates contained pesticides that time the strategy of re-earning the faith of the customers was practised. they used Amitabh Bachchan to advertise the fact that cadbury has now used improved techniques to improve its quality.
Moreover company has to give greater attention towards advertisement, customer wants and feedback and also should make the customers feel that they are very important to the company. By using such strategies and modifying them as per the requirement a company can be able to get rid of the bad name it has earned.
Moreover company has to give greater attention towards advertisement, customer wants and feedback and also should make the customers feel that they are very important to the company. By using such strategies and modifying them as per the requirement a company can be able to get rid of the bad name it has earned.
(3)
AKIN said:
1 decade ago
I want believe that some of the answers here has really deviated from the question asked.
Now In my own view, I will say ebusiness can erase the bad name of a company because if you could use your energy, strength even money to promote your ebusiness why don't you the pump equal attention into your normal business and its going to make a difference. And by the way, you can also try partnership and that will help you rebrand your business.
Now In my own view, I will say ebusiness can erase the bad name of a company because if you could use your energy, strength even money to promote your ebusiness why don't you the pump equal attention into your normal business and its going to make a difference. And by the way, you can also try partnership and that will help you rebrand your business.
(3)
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