Customer Success

5 Ways to Improve Business Credibility

5 Effective Ways to Improve Your Business Credibility

Even the best-planned marketing strategy will fail if your audience doesn’t trust your brand. Business credibility is essential to your overall growth and success.

Modern consumers want to buy from companies they trust, and 46% of Americans will pay more to do so. More than 80% of the U.S. population in today’s marketplace shops online. Although convenient, online purchases mean consumers can’t try products before they buy. As a result, shoppers need to know they can rely on a brand to deliver quality goods that meet their needs and solve their problems. By establishing your company as a reliable business that customers can trust to deliver effective solutions and valuable resources, you can stand out from the competition and drive more traffic to your site.

Keep reading to learn five effective ways to improve your business credibility for more traffic, higher conversions, and greater revenue generation.

Key Takeaways

  • Business credibility is the reputation of reliability and trustworthiness you’ve built among the public that earns believability and confidence that you’ll fulfill your promises.
  • Credibility is a far-reaching aspect of your business, impacting everything from customer acquisition to SEO efforts.
  • From maintaining transparency to associating with trusted partners, you can improve your business credibility in five effective ways.

What Is Credibility and What Does it Do for Your Business?

Business credibility is establishing a reputation among your audience, industry leaders, competitors, and shareholders that you are a reliable organization that people can trust. They can believe your word and depend on you to fulfill your promises. As a result, consumers gain the confidence they need to purchase from you.

Source: https://www.salesforce.com

Credibility is a far-reaching attribute as it impacts every aspect of your business. From customer and talent acquisition to brand loyalty and remarketing, business credibility is essential to running and promoting a successful business.

Whether you’re looking to grow distribution, grow page count, or increase advertising revenue, your reputation plays a major role in the relationships you build as the bedrock of your business. When you build your business credibility, you can:

  • Attract new customers: When people see that you’re a reliable and trustworthy organization, they’re more likely to buy from you.
  • Build customer loyalty: Retain customers by consistently fulfilling your promises. This is important because 65% of a company’s business comes from current customers.
  • Develop brand ambassadors: Loyal customers want you to succeed and will spread the word about your business, saving you marketing dollars and lowering the cost of doing business.
  • Position your company as an industry leader: Be the example of how other companies should engage with and respond to their customer base.
  • Attract top talent: People want to work for a reputable company that consumers want to patronize.
  • Boost SEO efforts: The greater your customer satisfaction, the higher the search engine rankings you can earn, increasing visibility and generating quality leads.

Whether you’re a newspaper printing business or provide magazine printing services, credibility is a critical element to your brand’s development and growth.

5 Ways to Improve Business Credibility

With e-commerce comes opportunities for security breaches, fraudulent purchases, and illicit product sales. Building trust and credibility with consumers has never been more important. Here are five proven ways to improve your business credibility.

1. Maintain Consistency

Reliability stems from consistency. When you continually publish quality content that resonates with readers, repeatedly deliver shipments on time, or always respond to emails within the same day, you set a level of expectation among the people around you. You let people know they can count on you to follow through, which builds credibility.

This doesn’t just impact your target audience but your co-workers as well. Leading by example creates an environment where consistency is valued and part of your company’s culture. This ensures everyone delivers the same level of service, maintains the same expectations of quality, and provides an experience that builds business credibility.

2. Leverage Testimonials

Customer reviews are a powerful tool in building business credibility. Nearly 50% of consumers trust reviews as much as personal recommendations from known contacts. Publish your customer testimonials and reviews so that prospective customers can see the positive experience others have enjoyed with your brand. Real-world experience helps build credibility for your business and can help prospects gain the confidence they need to convert. From product quality and customer service to ease of transaction and shipping times, there are numerous ways you can entice people to buy from your company.

3. Commit to Transparency

When you commit to transparency, you create an environment of openness that shows you have nothing to hide. This impacts your internal operations, building trust between employees and teams that fosters collaboration and innovation. It also affects the way the public views your brand. Openly addressing negative reviews can build trust and provide insight into how you handle criticism. Sharing industry knowledge, explaining operations, and giving public reports that outline findings and plans include people in the development and processes of your company.

Source: https://www.oberlo.com

This inclusion can help answer questions, allay concerns, and eliminate any suspicion of motive or purpose. Sharing information openly helps to build trust, which strengthens your business credibility.

4. Be Authentic

Ensure that every decision you make aligns with your business mission and values. By constantly remaining true to your vision, upholding your integrity, and working in congruence with your beliefs, you present your authentic self and increase your brand’s believability. People will realize that you really do mean what you say. Being genuine lets people know what to expect from you, and they understand what motivates your decisions. The more authentic your brand is, the more your audience will trust you, and the more likely they will convert.

The following video explains how to maintain authenticity by telling your personal brand story:

5. Associate with Trusted Partners

Receiving an endorsement from a trusted business or individual can go a long way in helping to build credibility for your company. Share content with reputable organizations. Seek testimonials from trusted experts. Join a respected industry association and make credible contacts. The more trusted partners you associate yourself with, you’ll gain more credibility.

Improve Your Business Credibility Today

BOOM Communications delivers marketing and advertising solutions that help generate quality leads and higher conversions. Our experts develop unique ideas to grow small newspaper revenue, and we build custom strategies that meet your specific needs. 

Contact BOOM Communications today to learn how we can help you improve your business credibility today.

Jeff Baker

Jeff Baker is the Principal/Business Development Strategist at Boom Communications Group. He brings years of experience in marketing, sales and business consulting to the table. If you're looking to steer your company in the right direction and prioritize business objectives, Jeff is your man.