Thursday, April 2, 2015

Problem Solution Essay Draft 3

Tan Chuye A0125161U

Essay Draft 3

The huge popularity and strong influence of social media have revolutionised interpersonal communication and the process of information transfer between media and its audience. Unlike the past, transfer of information is no longer one directional and any opinions or information are just as likely to originate from any individual as these are from the media. This allows social media to empower individuals by acting as a medium for publication of personal views to large audiences. While the ease of publication is great for self-expression, it poses problems for businesses when negative consumer experiences are shared and spread rapidly on social media. This puts businesses in risk of incurring serious financial loses; yet many businesses are not acknowledging or dealing with this problem properly. In light of this problem, public relations department of businesses in Singapore should explore ways to protect and uphold their online reputation, primarily by integrating social media into their management system.

In the digital age, the online reputation of businesses is of fundamental importance even if the actual operation is offline. A study (Gesenhues, 2013) reported that 88% of customers’ buying decisions were influenced by online reviews, demonstrating the tremendous underlying power of online reviews in affecting customers’ opinions, trust and ultimately sales of a business. Another study by NewVoiceMedia (as cited in Mitchell, 2013) reported that poor customer service resulted in costing U.S. businesses a staggering $41 billion loss in 2013, and “34% of consumers admit they would take revenge online by posting a review or complaining via social media”. To exacerbate the problem, another study (Marketing Charts, 2013) highlighted the phenomenon of negative bias in which bad service interactions are more likely to be shared than good ones. In addition, as the law stands, subjective comments of consumers are protected in Singapore under “fair comment” of the 2014 defamation act (Singapore, Statutes Online, 2014), so long as these are based on a factual event, as “these opinions are a matter of public interest” (Duhaime, n.d). Subjectivity aggravates the problem further because of exaggerations and relativity. Objective facts can be distorted causing problems to intensify unfairly for businesses and readers to react negatively.

These problems are well illustrated in a local incident, where a blogger named Ng, shared 2 blog posts (Ng, 2014) about his interactions with IKEA Singapore. The first condemned IKEA’s poor home decor and customer services in which he was repeatedly ignored by IKEA on their Facebook page. Subjectivity is demonstrated when Ng mentioned that this was his only negative review in his entire blogging experience because IKEA “screwed up big time”. This blog post gained a whooping amount of ten thousand shares, which brought attention to IKEA’s higher-level staffs. IKEA then approached Ng to apologise and rectify the situation by nicely renovating his kitchen. The second blog post, which then praised IKEA for their follow-up actions, unfortunately garnered only half the amount of shares (five thousand shares), displaying negative bias and that bad reputation was more widespread than the good.

In Singapore, Internet penetration rate is at a high 73% (Huang, 2014) and most people are connected all the time, making it extremely easy for negative reviews to spread rapidly. Under such circumstances, businesses must protect their online reputation by improving and maintaining positive customer relationships, and subsequently solve problems before they develop into potential negative reviews. One of the practices is to adapt to a more interactive and dynamic practice of SCRM (Morgan, 2013) that uses social media and other technologies to track customers’ opinions placed on social networking platforms and interact with customers on a personal level. However, as SCRM is still at an introductory stage, where development of this service structure is limited within the existence of social media, an actual SCRM model is absent and dependent on trial and error. As such, businesses are not effectively using social media to achieve their goals. One of the prevailing problems, which was the core reason for the occurrence of the above-mentioned IKEA incident, is that businesses are not providing real-time help to customers and requiring repeated enquiries about the same issue, resulting in disappointment, unhappiness and the subsequent outburst. Efficiency is vital especially when customers are bounded by time constraints and in need of an immediate solution. In fact, a study reported that 42% of customers expect 60 minutes response time (Baer 2012) and another study reported that providing real time help produced significant benefits to a company such as increased customer satisfaction and customer retention (Strong, 2014). Real time help is of vital importance and can help solve problems effectively and efficiently.

Another way businesses can protect their online reputation is to ride the wave of tapping into big data. Businesses can analyse information on social media and pick out recurring complaints and problems that consumers experienced, within and beyond the company. Subsequently, they can improve by integrating feedbacks or by coming up with innovative solution, and market their positive modifications through social media. Reviewing and improving operating procedures in line with customer’s expectations can radically change the way business is conducted, both online and offline. This is vital because customer complaints on social media do not only arise from online experiences but also offline experiences, and minimising upsets from offline experiences is also a direct way to prevent negative criticisms from surfacing online. An added bonus with analysing big data is that it can help predict trends in customer’s expectation and interest.

All in all, businesses in Singapore should utilize social media to maintain customer relationships, and also integrate feedback to revamp their business model constantly so as to maintain a positive online reputation.

910 words
Citations: 26 words

References:

Baer, J (2012) 42 percent of customers complaining in social media expect 60 minute response time. Convince & Convert. Retrieved from http://www.convinceandconvert.com/social-media-research/42-percent-of-consumers-complaining-in-social-media-expect-60-minute-response-time/

Brandweiner, N (2012, May 31). Customers more likely to share bad service experiences. My Customer. Retrieved from http://www.mycustomer.com/topic/customer-experience/customers-more-likely-share-bad-service-experiences-study/143371

Customers increasingly turn to social media to share bad customer experiences (n.d). Omega Management Group Corp. Retrieved from http://www.omegascoreboard.com/news/customer-service-horror-stories/consumers-increasingly-turn-to-social-media-to-share-bad-customer-experiences/

Duhaime (n.d). Fair Comment Legal Definition: A comment made which through defamatory, is not actionable as it is an opinion on a matter of public interest. Retrieved from http://www.duhaime.org/LegalDictionary/F/FairComment.asp

Gesenhues, A (2013, April 9). Survey: 90% of customers say buying decisions are influenced by online reviews. Marketing Land. Retrived from http://marketingland.com/survey-customers-more-frustrated-by-how-long-it-takes-to-resolve-a-customer-service-issue-than-the-resolution-38756

Greenslade, R (2014, October 20). 23% increase in defamation actions as social media claims rise. The Guardian, Retrieved from http://www.theguardian.com/media/greenslade/2014/oct/20/medialaw-social-media

Huang, E. (2014, January 14). Internet Penetration: Singapore scores 73, Thailand 26, Indonesia 15. e27. Retrieved from http://e27.co/southeast-asia-25-internet-penetration-109-mobile-penetration/

Josiah, M (2011, June 17). Hotel online reputation research statistics and quotes. Review Pro. Retrieved from http://www.reviewpro.com/reputation-research-statistics-2767

MarketingCharts staff (2013, April 15). Bad customer service interactions more likely to be shared than good ones. Marketing Charts. Retrieved from http://www.marketingcharts.com/online/bad-customer-service-interactions-more-likely-to-be-shared-than-good-ones-28628/

Mitchell, E.S (2013, December 13). Study: Bad customer service costs US companies $41 billion a year. PRNewser. Retrieved from http://www.adweek.com/prnewser/study-bad-customer-service-costs-us-companies-41-billion-a-year/82363?red=pr#more-81359

Morgan, J (2010, November 3). What is Social CRM? Social Media Examiner. Retrieved from http://www.socialmediaexaminer.com/what-is-social-crm/

Ng, C.B (2014, November 14). IKEA referred to my kitchen as a shit job and here's why you should avoid getting your kitchen there at all costs. [web log post]. Retrieved from http://charlesbenedict.com/2014/11/14/ikea-referred-to-my-kitchen-as-a-shit-job-and-heres-why-you-should-avoid-getting-your-kitchen-there-at-all-costs/

Ng, C.B (2014, Decemeber 8). IKEA says sorry and gives me a spankingly beautiful new kitchen. [Web log post] Retrieved from http://charlesbenedict.com/2014/12/08/ikea-says-sorry-and-gave-me-a-spankingly-beautiful-new-kitchen/

Singapore Statutes Online, Attorney-General’s Chambers (2014, February 28). Defamation Act. Retrieved from http://statutes.agc.gov.sg/aol/search/display/view.w3p;orderBy=date-rev,loadTime;page=0;query=Id%3Af5d30732-e645-4326-91bb-daf3fa3fa3ad;rec=0

Strong, F (2014, January 2). The complicated problem of social CRM. Sword and the Script. Retrieved from http://www.swordandthescript.com/2014/01/problem-social-crm/


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