Want consumers to trust your brand? Then make sure to post accurate content, avoid downtime, and keep their private data safe.
Trust is a quality which many brands hope to inspire amongst their consumers. From launching a live Q&A content forum, to the age old (and occasionally risky) practice of hiring influential spokespeople, brands view trust as a key component of their overall reputations.
An absence of trust can have wide-reaching implications for a brand, across the business. Uber, for example, consistently suffer with continued abuse of technology and consumer privacy, as well as with accusations that the company prioritizes continued growth while failing to address a long-term problem with ethical behavior.
Why do consumers lose trust in brands? To find out, Neustar released a report, “What Erodes Trust in Digital Brands?”, which reveals the biggest factors that cause consumers distrust brands.
In today’s digital world, where consumers are so often asked to provide personal information during certain moments of their purchase journeys, trust becomes an even more important quality. In entrusting brands with an element of their personal information, consumers look for key signals and indicators to assess whether a brand is trustworthy.
Luckily, Neustar’s survey of 750 adult Americans shows that these indicators are often simpler than you might expect.
Here are four quick tips to ensure your brand wins consumer trust.
1. Ensure Content Is Accurate, Useful & To The Point
Inaccurate content is one huge way to erode consumer trust. Ninety-one percent of people said they lose trust after viewing inaccurate content on a brand’s website.
“In our always-on, always-connected world, a brand’s digital storefront may be the first and only touchpoint a customer has with a company,” said Lisa Joy Rosner, CMO at Neustar. “Discerning customers expect a brand’s website to offer them accurate, real-time information, whenever and wherever they want it.”
Make sure your content is free of errors and mistakes, that it offers answers/solutions to questions/problems your audience is likely to have, and that you give it to them quickly.
2. Avoid Website Downtime At All Costs
Website downtime is another way to lose consumer trust. Eighty-eight percent of people told Neustar they have lost trust in a brand after they can’t access their website.
That means you must ensure that your brand and website are constantly available!
In addition, a considerable 67 percent of consumers lost trust in a website that was perceived to load too slowly. However, the report also found that the amount of time that consumers were willing to wait for a page to load varied by industry.
For government or financial services, more than half of consumers were willing to wait an additional five seconds for a page to load. For entertainment or social media websites however, just 10 and 6 percent of consumers were willing to wait an additional 5 seconds for a page to load.
Clearly, consumer expectation will strongly dictate the importance of page load times to your brand. If you run an entertainment website, for example, then you know it’s an industry in which consumers are used to the fastest online experience. So if your website can’t deliver a speedy experience they expect, your site will simply fall out of favor.
3. Keep Consumer Data Secure
A data or security breach can do terrible damage and cause consumers to lose trust in your brand. In these instances, “27 percent of consumers says it takes more than a year to regain a positive view of a breached brand [and] 24 percent report that even 12+ months later, they continue to view the brand poorly.”
“Customers demand that all of the information they share with a brand is retained in a safe and secure manner,” Rosner said.
That’s why you should implement a rigorous identity and authentication process, one that inspires confidence. Also, figure out how you’ll store the data.
4. Don’t Let Ads Interfere With Content Or User Experiences
When it comes to on-page advertisements, Neustar found that usage of display advertising didn’t intrinsically damage trust. Even so-called “aggressive ads,” such as banner advertisements, didn’t negatively impact consumer trust.
Instead, consumers mainly disliked ads that interfered with content (55 percent), and ads that redirected consumers to irrelevant sites (52 percent).
It suggests that consumers are still fairly receptive to display advertising, inasmuch as it still does not erode overall brand trust. However, this is on the assumption that the ads are at most aggressive (or prominent) without being invasive (encumbering the viewing of content, or the desired navigation of a site).
What are you doing to ensure your brand wins consumer trust?