Definition of Reputation Management

"Online reputation management, or ORM, is thewas £163 Billion. This figure showed a staggering
practice of consistent research and analysis of one'sgrowth of 30% from the previous 12 months. (Office
personal or professional, business or industryof National Statistics, 2008).
reputation as represented by the content across allIrrespective of if a business actually transacts
types of online media."business online; every business needs to be aware of
The pervasive nature of the internet has resulted inhow they are perceived. A negative perception online
an ever increasing number of consumers and retailerscan not only affect sales and investment offline, but
using the internet as a form of communicationcan also deter potential employees from joining an
through email, advertising and transacting business. Inorganization, effectively crippling a business of both
the UK during 2007 the total value of online salesrevenue and fresh talent.