Introducing CREDENTrack

Why would you pay $5,000+ a month for your social media monitoring tools when you can get the power of CREDENTL for under $500 per month? CREDENTL offers powerful measurement tools, while guaranteeing you’ll be up and running very quickly. Your reputation doesn’t have time for a steep learning curve!

Executive Insights
Quickly see the number of new results, velocity change, share of voice and much more with our insights. Understand what’s buzzing about your brand, without rolling-up your sleeves.

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Data Your Way!
CREDENTL provides you with full control of your data with easy Excel exporting; or get results on the fly with our RSS/XML feeds or email alerts.

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Clarity in Results
Want to dig deeper? Every conversation is archived, complete with resources for viewing the original article, sharing with coworkers, or bookmarking for follow-up.

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Influence & Sentiment Analysis
Don’t just see the conversation about your brand, see who’s behind the conversation with our proprietary InfluenceRank dashboards.

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Outstanding Coverage
Hundreds of millions of sources are monitored including, news, blogs, Twitter, Facebook, Google+, forums and much more! Never miss a conversation!

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Keep It Clean: Twelve Steps to Protect Your Reputation Online

Article written by SCOTT ALLEN, co-author of The Virtual Handshake: Opening Doors and Closing Deals Online and The Emergence of the Relationship Economy. Scott also servers as Director of Client Relations for our Partner, Momentum Factor.

Online reputation management is a growing issue for all kinds of businesses and individuals, but network marketing companies and distributors face some unique challenges.

A whopping 88 percent of top network marketing companies have negative results on the first page of a Google search for their company. No other business sector comes close to that, even those notorious for customer service issues and billing problems, such as mobile phone, cable TV, and utility companies. It’s not that the negative isn’t there for them—it is; it’s just not showing up on page one of Google.

Every industry has its own particular problem words. In the auto industry, it’s “lemon” and “recall.” In network marketing, it’s “scam,” “pyramid scheme,” “lawsuit,” and “complaints.” Over 75 percent of network marketing companies have one or more of these words show up in Google’s suggested searches for their brand.

Some Internet marketers post “independent and unbiased” reviews in order to promote their own business, such as leads, training, or a marketing system. These reviews are often positive, but they’re still hijacking your brand for their own purposes.

Another challenge is that the field is competing with the company. If distributors are representing the brand well, this may be okay. But if they have a domain name that includes the brand, or if they have other compliance issues on their site, that’s a problem.

So what do you do about it?

Admit you have a problem. Do an assessment. Search for the company name, product names, company executives, and top leaders, not just on Google but on all the major search and social sites. What are the top twenty results? Suggested related searches? What are the top search results for those negative suggested searches? Plan to keep checking them once a month.

Allocate resources or get help. Whether you do it yourself or outsource it, this needs to become a major job priority for someone. It’s not going to fix itself. If you assign someone internally, be sure to allocate time on an ongoing basis for them to learn as well as to execute. Search engines are constantly changing their algorithms; you have to keep up with those changes.

Web monitoring. Check daily for new mentions so you can respond appropriately. A combination of Google News Alerts, Google Blog Search, and SocialMention are a great start—for free—until you need a more sophisticated listening tool or service.

Secure your brand. While having profiles on dozens or hundreds of sites may not help you much, it won’t hurt you, either. However, letting an angry customer, an ex-distributor, or a brand hijacker get hold of one you’ve missed might indeed hurt you.
Become a content machine. Search engines love content; give it to them. At least six or seven of the top search results for your brand should be your social media and other content channels.

Engage. Search engines may love content, but they love it even more when people like it, share it, and talk about it. Multiple highly active, well-promoted social media channels are your best tool for protecting your online reputation.

Get technical. Great content, shared by others, still doesn’t always rank well. There are numerous technical aspects to making your content attractive to the search engines. Learn them, or hire an expert.

Traditional PR. Continue (or start) working on positive coverage by mainstream media. It’s easier to rank than anything new you can create. If you’re not on Wikipedia yet, that coverage will also help you meet their inclusion criteria.

Don’t feed the trolls. Search engines love long, active discussions. When a negative review appears on Ripoff Report and distributors respond with how great the company is, every single rebuttal is a ranking signal to Google. These sites are not your friend. You will never get the post taken down. You will never get the last word, at least not without paying their extortion fees. There are only two ways to handle these negative sites: first, don’t participate in the discussions; second, take legal action and hope for the best, which is to have Google de-index the negative comments.

Take legal action against defamation. You can’t sue if it’s true, but if it isn’t, act quickly and decisively. You can sue anonymous posters. Many of the negative sites operate offshore and don’t cooperate with the courts, but reputable major sites and hosting companies will. Know your process ahead of time so you can act swiftly when something comes up before it starts climbing the search engines.

Enforce compliance. Many of the complaints about network marketing companies are the result of distributors bending the rules—product and income claims, deals outside the comp plan, misrepresentation of the opportunity as a job, etc. Compliance is as much about protecting the brand’s reputation as it is about protecting you legally.

Treat people right. Sure, that seems obvious, but the key is to be aware that everything you say or do may become public online. A decade ago, an unreasonable customer might only tell a handful of people. Now, they tell the world. Make the extra effort to resolve problems amicably. The cost of a bad review may be higher in the long run than the cost of just fixing the problem to the person’s satisfaction. It doesn’t matter if you’re right—wanting to be right isn’t always the best financial decision.

In a relationship-driven business, your reputation can be your greatest asset, or it can become a liability—not just metaphorically, but in real money. Protect your brand and assets, or you risk losing them.

Keywords: reputation management, brand management, social media, pr, credentl, momentum factor, jonathan gilliam, scott allen author, mike magolnick social, mike magolnick author, mike magolnick credentl.

CREDENTL Professional Reputation Management

reputation-management-1

It’s scary out there. Anyone with an Internet connection can say anything about any company or any person at any time. While having immediate access to information in a lot of cases is advantageous, it can be quite detrimental to a business at the same time.

With search algorithms constantly changing, it’s often very difficult for companies to stay on top of their online brand identity. In fact, a simple search with your company name + a derogatory term such as “scam” or “ripoff” added to the search phrase could prove extremely harmful to your business growth.

Direct selling companies especially face increased pressure based on public perception of the network marketing industry as a whole. This is where CREDENTL can help and why one of our primary focuses is the direct selling vertical.

Reputation management isn’t just a good idea. It’s critical. Well executed reputation management isn’t about putting up a few posts here or there, it’s about a strategic plan that incorporates multiple touch points and aggressive action. It’s also about a solid foundation and strong education not only for the company but for the people who have chosen or been selected to represent the company.

CREDENTL is a very smart company. We are calculating and strategic. We incorporate what we call a “Diamond” approach to reputation management that encompasses public relations, communications, social media and general oversight. Most companies don’t even look at reputation management until it’s too late and then their only strategy is a reactive one.

CREDENTL proudly offers its services to direct sellers, franchise companies and other agent-based businesses as well as any company wishing to solidify their online reputation. CREDENTL is devoted to working with clients to help them monitor, manage, and control their online image, helping to fight against lost sales, rep and customer attrition, lost partnership opportunities, and plain and simple embarrassment. CREDENTL offers customized reputation management solutions tailored to meet our client’s specific needs.

Keywords: social media, direct selling, network marketing, Mike Magolnick social, Mike Magolnick author, Mike Magolnick CREDENTL, direct sales

Congrats to our partner – Momentum Factor in the opening of their European Office

From their recent press release:

Jamie n Jonathan pic offices

Momentum Factor Joins Former DSA UK Chairman Jamie Stewart to Create Leading European-based Social Media and Online Marketing Firm for Direct Selling Companies.

“Powerhouse” Team to Deliver World-Class Social Media Capabilities to European Direct Sellers

[RIGHT] Jonathan Gilliam, president and founder of Momentum Factor LLC and Jamie Stewart, Managing Director of Momentum Factor (Europe) Ltd. standing in front of the new offices in Cheshire, England.

Austin, Texas USA  – Momentum Factor LLC has partnered with well-known direct-selling executive Jamie Stewart to form a new UK-based social media and online marketing services firm, Momentum Factor (Europe), Ltd.

Mr. Stewart, formerly Chair of the Direct Selling Association UK and former Managing Director at Kleeneze Ltd. (LSE: FDL.L), of one of the UK’s largest direct selling companies, will serve as of Managing Director at the new UK-based firm.

“Jamie is a proven innovator in the direct selling industry and has been one of our firm’s closest allies in Europe,” said Jonathan Gilliam, President of Austin, Texas-based Momentum Factor LLC.  “This strategic partnership will provide European direct selling companies the industry-specific expert marketing and social media capabilities needed to compete in the UK and Europe, far into the future.”

MomoFactorEuropeAs a former client and partner, Stewart shares and long standing relationship with the firm. During his term as MD, Momentum Factor LLC was the agency of record for Kleeneze’s growing social media and digital reputation. The two have since continued to collaborate, leading the industry in world-class social media execution.

Said Stewart, “While at my former company I discovered Jonathan and his firm on Twitter and hired them straightaway.  After experiencing their program first-hand I soon realized the extraordinary need for social media/direct selling domain expertise at UK direct selling companies. Social adoption is really accelerating, and most companies in our industry know they need to get on board. We’re here to simplify that transition.”

Under the new partnership, the structure and management of Momentum Factor US will remain the same while clients of Momentum Factor (Europe) Ltd. will immediately benefit from existing knowledge, capabilities and client development from the industry’s leading social media marketing firm, as it continues to build its own capabilities in the UK and beyond.”

Said Gilliam: “We couldn’t be more pleased with the selection of our partner across the pond. Together, Jamie and this new firm are positioned to advance the industry yet another step in creation of superior and innovative social selling platforms for decades to come.”

The UK firm will be headquartered in Cheshire, United Kingdom.

###

For more information contact:
Rachel Shin, Media Relations, Momentum Factor
+1-512-994-4646
Rachel.shin@momofactor.com
@momofactor

ABOUT MOMENTUM FACTOR LLC

About Momentum Factor: Momentum Factor is a leading innovator in social media and online marketing services for the direct selling companies. A progressive voice for industry, the firm works with some of its best-known companies to maximize performance, increase revenue, inspire brands, and leverage social media to engage their field and customers. Momentum Factor delivers to its Direct Selling clients world-class results in interactive marketing, social media marketing and online brand development. More info at MomoFactor.com @momofactor and MomentumFactor.co.uk @momentumfactor

Keywords: social media, direct selling, network marketing, Jonathan Gilliam, Jamie Stewart, Momentum Factor, DSA UK, direct sales, network marketing

Social Sharing and Direct Sales

by Mike Magolnick

social-media-marketing

Social media, or social sharing as many call it is become increasingly prevalent in network marketing and direct sales. In fact, an overwhelming majority of the tens of millions of independent business owners use social media on a regular basis to help build relationships and promote their products and opportunities.

BUT there is a problem…

The introduction and widespread use of social media in direct sales has dramatically increased the distributor turnover rate while at the same time decreased the time it takes for a new business owner to decide to walk away from their new direct selling business.

In the past, “Sean” joins a direct selling company. He sets up meetings and presentations and talks to his friends and family on a one-on-one basis. Based on the average, Sean will stay in the business for at least 4-6 weeks before deciding whether he will keep going or walk away – in a large part dependent on the receptiveness of his friends and family during those one-on-one presentations. Times have changed though… NOW, Sean is introduced to a new company/opportunity/product. He LOVES the product and has no doubt that he will use it and has no problem with telling others about it. Sean leaves the first presentation, signs up and thinks to himself, “I’ve got 700 friends on Facebook, I’m going to crush this and become a millionaire.” The next day, still on a high, Sean listens to a team conference call and watches a webinar. The next day he starts with a simple post on Facebook about the product and for the next couple of days, Sean puts up post after post about the product and business opportunity. He does this because like 99% of everyone else that gets into direct sales, he is trying the mass market or “shotgun” approach, which is to cast as wide a net as possible with as much info as he can put out with the thought that, “if I build it they will come.” After a few days of postings and blasting his contact base he gets a call from his friend who tells him that he will be unsubscribing from his news feed on Facebook because of all the new business posts. A little research later and Sean learns that a number of his friends have also cut him off and some have even unfriended him. The problem is, all of this happens in 4-6 days and Sean is seriously considering walking away from the business before he really even gets started.

THIS IS NOT A HYPOTHETICAL SITUATION. This is the REALITY of the current direct selling environment with the exponential influence of social media.

To make matters even worse, there is now an influx of software companies promoting social media content delivery systems. While it is nice to have an approved content library available to the company’s independent distributor agents, the implementation of one of these systems could have a serious negative impact on a company’s business… like putting a machine gun in the hands of a child.

Some of the software solutions look great and they even interact with the company’s back office system. The problem is, without adequate in-application coaching these content delivery systems will not only increase the rate of turnover, they will also increase the regulatory and compliance concerns regarding communication methods, privacy and spam.

The ONLY company that I’ve seen address this is Amplio Technologies (Amplio.com) and the reason they will be the only company is because of their patents on a software system that has content delivery with a coaching mechanism.

This is a VERY serious problem facing us in direct sales.  My friend and direct selling executive, Jeff Stroud made it very clear in a recent blog post that “Direct Sales is at a Crossroads” (http://jeffstroud2012.wordpress.com). His words encourage direct selling companies to wake up and understand that the social/digital paradigm shift is upon us. We MUST take action BUT it must be the right way. What we do NOT need is a flood of criticism and condemnation on our industry based on the fact that new distributor agents are experiencing massive failure because of social and digital media, which is being compounded by companies adding content delivery systems to inevitably help people fail quicker. What we need is training and more solid integration. Companies that share their messaging through distributor agents and teach them how to best represent their products and opportunities will be the ones that flourish.

Don’t get me wrong… I am a proponent of content delivery systems. However it MUST come equipped with coaching built in as well as messaging platform that enables the company to control the message, the delivery and the frequency of content change. This is why I mentioned Amplio.com. Out of need to understand how to succeed in this new environment, I’ve personally demo’d all of the software solutions (that I was able to find) and only Amplio addresses the coaching and messaging platform (again, patented). Some companies will be able to use their system to give the distributor agents a personalized sales funnel page that contains content driven by the company itself; so when the distributor agent “pushes” a message from the content delivery system, it can drive people to their personalize sales page, which in turn will help them build the relationship rooted in professionalism and substance – driven by the company itself. This is incredibly important to decreasing turnover rates and increasing retention and recruiting.

When it comes to the direct selling industry, we are all in this together. No other industry has national meetings where competitive companies convene in a “brotherhood” type of environment, sharing best practices and tips for success. When something is good for the industry, it helps the entire industry and the “cause” of direct selling.

Social media isn’t going anywhere and in the next year, virtually all of the 50+ million independent direct sellers worldwide will use social media to help their personal businesses. As supportive companies, industry executives and thought leaders, we can help keep the industry moving forward by choosing the right solutions for our valuable distributor agents to use.

Mike Magolnick is a 20-year industry executive as well as a 3-time best selling author. He is among the most connected people in the world on social media and has been one of the Top 100 Entrepreneurs to Follow on Twitter for nine straight months (#13 in Feb 2013).