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A reputation system is a program or algorithm that allow users of an online community to rate each other in order to build trust through reputation.Some common uses of these systems can be found on E-commerce websites such as eBay, Amazon.com, and Etsy as well as online advice communities such as Stack Exchange. [1]
The NWSL's San Diego Wave took less than three years to become worth more than nine figures. Billionaire owner Ron Burkle is selling the team for a league-record $113 million to Lauren Leichtman ...
NexCen sold substantially all of its assets to Levine Leichtman Capital Partners in 2010. [citation needed] 2005: Ocean Tomo holds its first live IP auction. Although proceeds from the first auction were unremarkable, the relative success of the Ocean Tomo auctions that followed showed that the live auction is a reasonably viable business model ...
Reputation is a social construct based on the opinion other people hold about a person or thing. Before the internet was developed, consumers wanting to learn about a company had fewer options. They had access to resources such as the Yellow Pages, but mostly relied on word-of-mouth. A company's reputation depended on personal experience.
Reputation capital is the quantitative measure of some entity's reputational value in some context – a community or marketplace. [ citation needed ] In the world of Web 2.0 , what is increasingly valuable is trying to measure the effects of collaboration and contribution to community.
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Reputation marketing is often associated with reputation management and is seen as a means of handling negative reviews. However, reputation marketing differs in that it also seeks to manage positive feedback as a way to attract new customers. [4] Reputation marketing is taking a proactive approach toward your brand’s presence.
Reputational damage is the loss to financial capital, social capital and/or market share resulting from damage to an organization's reputation. This is often measured in lost revenue, increased operating, capital or regulatory costs, or destruction of shareholder value. [1]