NEW YORK (TheStreet) -- Several years ago, B.L. Ochman ran a business called "Rent a Kvetch," in which clients hired her to complain for them and get results. Most of the complaints had to do with lousy customer service from large, impersonal companies. "In the '80s, there was no way for average people to get heard," she says.
Enter the Internet, which has afforded a sounding board for anyone who wants to complain -- anonymously or otherwise -- and gives erstwhile powerless individuals the chance to thump a company's reputation.
"It could be one kid in Bulgaria making a video about your product, but that's going to cause a problem if it starts spreading around," says Ochman, now a director at Proof Digital Media, the online media arm of the public relations agency Burson-Marsteller -- the company that helped handle reputation damage control for Exxon Mobil (XOM) in the wake of the Valdez oil spill in 1989 and Johnson & Johnson (JNJ) after seven people in greater Chicago died from taking cyanide-laced Tylenol caplets in 1982.
In spite of the virtual nature of the Web, anything anyone posts there tends to stick around forever -- old news stories and abandoned blogs alike. To that end, companies such as Burson Marsteller are employing multiple monitoring tools to keep track of who's saying what about their clients online."Before you can begin to manage a reputation, you have to figure out what's being said," she says. "You can't just rely on Google (GOOG) Alerts anymore. Before you really begin to get involved online you have to launch a listening campaign." The stubborn permanence of online condemnation is a common problem among clients of Reputation Defender, a venture-funded Redwood City, Calif., company that specializes in monitoring and managing online reputations for businesses and their executives. "It might be a lawsuit that they were involved with 10 years ago," says Michael Fertik, CEO of Reputation Defender. "A few of them have had very high-profile divorces. And some of the really large companies are dealing with dedicated attack sites -- Web sites specifically aimed at criticizing them." Several Fortune 100 companies are among the customers who pay for Reputation Defender's My Edge Pro service, with which the company helps ensure that the initial results of a Web search garner links to positive information -- such as a company or employee's official bio -- rather than years-old negative news about a company or its executives. For smaller businesses, Reputation Defender will help create positive content to post on the Web. For larger companies, "We're just moving their best content to the top of the search," Fertik says. The methodology of moving positive content to the top is a trade secret, he says.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV