Posts Tagged ‘Online Trust’

Crime, crime and more crime! The Symantec Report and the huge increase in fake websites

“We’re baaaaak!”(cue creepy music) I thought I’d do something different by giving you the theme to the twilight zone instead of Psycho’s music.Who’s back…. cybercriminals! Yes, I know most of them didn’t go away, but according to Symantec’s latest cybercrime report, 65% percent of internet users worldwide have already been victim’s of cybercrimes(see Tech Crunch’s article). You should however, take this with a pinch of salt. Cybercrime is a threat, but Symantec’s report coincides with the release of it’s latest versions of it’s Norton software.However, the figure does seem close to the actual thing. According to the report, the US ranked third among nations whose internet users fall victim to cybercrimes. Speaking of Cybercriminals, did you know that cybercriminals are creating 57,000 fake sites per week(Security Week). (scream) Guess which ones are the top 10?(cue the quiz music!) Done? Great! The top 10 are

1. Ebay(I’ve never been on here)
2. Western Union
3. Visa
4. United Services Automobile Association(better known as USAA)
5. HSBC(it doesn’t seem to stand for anything)
6. Amazon
7. Bank of America
8. PayPal
9. Internal Revenue Service(I knew government sites were confusing, so maybe that makes them easier to duplicate?)
10. Bendigo bank(Anyone heard of this?)

Search engines are changing their algorithms to try and mitigate the situation. However, they can only do so much.  Here are some tips for spotting fake websites.

1. Go look at the URL. Not sure how to spell the name? If they gave you a business card, chances are they have the site URL on it, copy it exactly. Make sure the letters and numbers in the URL look right. A difference in a single letter or number can mean it’s a different site.
2. Make sure the links work. If you’re using chrome, you can right click and open the inspect element window and if you can read HTML scrutinize the page to your heart’s content.
3. If a site requires personal information and you’ve never heard of the business before, visit the Better Business Bureau and see if the company is accredited.
4. If you get an email from your bank, call them.

Anyone got any other tips?

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Posts Tagged ‘Online Trust’

Online Business – Necessity Or Luxury?

Is your favorite restaurant or local boutique online?    Would you be more likely to purchase something from the local boutique if you could order the latest chenille scarf from your bedside table?

Website hosting companies such as Shopster have made it very simplistic to create a new website and start selling online in minutes.   Having an online site builds trust between consumer and merchant because it can allow a browse before you buy (or eat).   Yet there are still a great number of local restaurants and shops that are reluctant… why?

With the boom of social media, not having a site could be detrimental to your company’s future success.

There are other ways to be active in the online community without a dedicated ‘full’ website.   Creating a dedicated company blog promotes trust and transparency by sharing your company values, and can be done without a full website.

You may think if you only have one or two items to sell, a website is overkill. Even if it’s just one product (such as this unique product for avid boaters –TuftedTopper), the mass consumer base enjoys the convenience of online purchasing. As a merchant, you need to determine what drives the intrigue in your product base.

You’re here reading this, do you have an online business?

How have you built trust and transparency between yourself and your consumers to create repeat customers?

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Posts Tagged ‘Online Trust’

How Do I Trust That my Hotel Isn't Infected with BedBugs: The Internet/Social Media

Business travel is getting worse every day.  There are fewer flights, more screaming kids on the plane, and less leg room.  I thought we had hit the bottom, but I was wrong.  Instead, business travel includes another perk — the resurgence of bed bugs.  Apparently New York City is filled with these horrible creatures.  They are in the hotels, the apartments, the movie theaters, and probably in the Nuts4Nuts stands. 

Of course I have to travel to NYC occassionally for business.  This isn’t great, because the thought of bugs crawling around in my room will keep me up all night (I’m not really an enthusiastic camper).  Want a creepy fact about bed bugs?  They only have to eat once a year!  They also hide in your furniture.  These a patient, efficient monsters.

So what should I do?  I could refuse to travel and stop making money.  But then I’ll be homeless, which is fraught with many bug-filled nights.  Instead of taking a job in sterile lab, I turned to the Internet and found several blogs and websites that give you a heads up if there have been reports of bed bugs.  The best one is the Bed Bug Registry.   

I know it’s commonplace to turn to the Internet to find information.  But this particular offline problem is ideally suited for the web/social media.  It has to be constantly updated and rumor is as valuable as fact.  I don’t care if there has been a conclusive determination of bed bug existence.  If there is a whiff of any type of bug sighting, I’m not going to that hotel.

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Posts Tagged ‘Online Trust’

HP's Former CEO: Trust Problems and Bad Judgment

As I’m sure a lot of you have read, HP’s CEO, Mark Hurd, resigned last week.  It wasn’t due to poor earnings or prospects for growth.  In fact, a lot of people credit Mr. Hurd for turning things around for HP over the last several years.

Nope.  Mr. Hurd resigned because he was caught lying on his expense reports.  There was an ongoing investigation over complaints of sexual harassment.  To avoid disclosing the relationship with one of his assistance, which he apparently spent company money on, he mischaracterized why he incurred certain expenses.

So, Hurd resigns and is getting $20M-$50M in severeance payments.

Few questions that come to mind on this:

1.  Hurd made millions of dollars every year.  Could he not cover the expense of some dinners and drinks on his own and not expense it?  Is it worth saving $2,000/year at the expense of your job and stock options? 

2.  Why is he getting his severance paid?  Usually most severance packages are conditioned on the executive not resigning due to fraud.  I’m no lawyer (ok, maybe I am), but submitting false expense reports seems to be fraudulent. 

3.  Did he have to have an affair with his assistant?  I mean, it is so cliche.  Couldn’t he have at least run away with his massage therapist.  This whole having an affair with an assistant is the main reason why my wife won’t allow us to hire an assistant at KikScore.  I’m having to open the mail, return phone calls, shred incriminating documents all by myself.  It’s overwhelming.

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Posts Tagged ‘Online Trust’

Build Trust With Customers by Providing Feedback Tools

As KikScore continues to grow and add customers, our team is more active in social media sites.  In anticipation of a large partner release, we are working to ensure staff support and processes in place to respond to customer inquiries and issues.

Providing an avenue for your customers to sing your praises and also to vent when needed helps to build trust in your brand and confidence in your customers.  With social media continuing to rise, consumers savor the ability to have a voice in a variety of platforms, and they can yell loudly.  To build trust and loyalty in your customer base, you have to listen and react in a timely and professional manner .

Being a mom, I could relate to the outrage set forth by moms across the country on this Motrin add.  Motrin could have quickly regained confidence and trust in its consumer base by reacting to this outrage in a much more professional  and empathetic manner.

As a small business, creating an avenue for clear communication with your customers on good and bad topics will not only build trust, but also instill loyalty which creates new customers and reduces abandoned shopping carts.  Be an advocate for your customers and they will yell loudly on social media platforms that your business is the business to connect with.

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Posts Tagged ‘Online Trust’

Unless You're in Minnesota, Trust is Important

Minnesota is many things.  The birthplace of Bob Dylan, Prince, and Kevin McHale.  Home of the Vikings (and Brett Farve).  It is also my home state and I just returned from a 10 day visit home.  Why 10 days?  Because when you have one vacation each year you want it to last as long as possible.  And nothing seems longer than 10 days in Minnesota.

Now to my point.  When visiting the Land of 10,000 lakes, it’s striking at how accommodating and polite everyone is (whether they actually are sincere is another question and not something that really matters).  But tied into that is how trusting everyone is.  Repeatedly I noticed people leaving their computers at the Starbucks table and my parents don’t lock their doors when they are gone all day.  Trustworthiness (or at least the absence of mal-intent) seems to be part of their DNA.

This seems to extend to e-commerce.  I was quietly watching my mother shopping online.  She was looking for some odd knitting equipment (did I mention there is nothing to do in Northern Minnesota?) and she had no hesitation visiting unknown sites.  After I explained the dangers of blindly visiting sites without any security software (and this may be the reason why her computer runs slowly) she seemed shocked that anyone would be less than honest.

As with all things related to Minnesota, the awareness of online danger will spread — probably in about 3 more years.  To give you an idea of the information delay, Minnesota still seems to be getting over the grunge look (I had to tell a few folks that Soul Asylum wasn’t a “with it” band anymore).  So, unless your target market is selling deer tick spray online, promoting trust on your site should remain a top priority.

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Posts Tagged ‘Online Trust’

Video: Can You Trust Online Product Reviews?

We have covered in previous posts the issues of online reviews here and the artificial inflation of numeric reviews and online ratings.  The truth is,  we all look at reviews, whether they are for a hotel on Trip Advisor, a take-out place on Yelp or a product review at your favorite online store.  With the proliferation of reviews across many sites and across so many of our online shopping choices, the issue has now become what is a legitimate review and what is a fake?

Here is a good video interview  of Alan Bligh, Executive Director of the Coastal Bend Better Business Bureau in Texas.  He outlines a series of items in this video that are red flags you should look out for when you are reading an online product review.  We highly recommend watching this video as it will help you stay safe when you are shopping online and it gives online shoppers practical security tips to help you avoid being a victim of online fraud.

Some of these red flags include:

1) Reviews that are actually from an employee or even a disgruntled employee;

2) A review written by a competitor;

3) Product reviews with too much technical jargon may be written by an “insider”;

4) Be careful of reviews that sound like an advertisement for a product;

5) The same review or largely the same review (using the same wording) is written many times on a site or  an online store’s site;

6) The review is all positive.  Typically legitimate reviews have positive and some negative (or at least potential improvements) included; and

7) Reviews with a user name that has 3-4 numbers at the end of it are typically auto generated by software or a computer that trolls the internet and automatically places generic reviews on multiple sites.

This is a good list of red flags to look for when you shop online.  Please tell us if you have any red flags or seen any odd comments in product reviews that have raised a red flag with you.

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Posts Tagged ‘Online Trust’

What does Online Trust & Lebron James' Free Agency Have In Common?

I am still frankly in some ways recovering from what I knew was going to happen all along.  Lebron James was going to leave Cleveland. I actually predicted it in this post about lessons small businesses and startups can learn from Lebron James after his flame out in Game 5 of the Celtics/Cavs series earlier this year.

So his departure got me thinking about a few things.  As we all know, his departure was a complete PR spectacle.  But there are some serious lessons learned.  Even strangely  I see some commonalities between how we all viewed Lebron James (especially Cavs fans) and how we decide whether we should trust someone online.

1.   People Change – Cavs fans, and frankly many in the media, thought they knew Lebron. Heck there was probably good reason for the belief, they watched him grow up in my hometown of Akron, watched him get drafted and become a global icon in Cleveland.  Many people thought that they knew Lebron to be “one of us” because he was from Ohio and knew the long frustration of Cleveland sports fans.  Boy were they (we?) wrong. Many people say something changed with Lebron in the last few months, even reporters that have covered Lebron since he was 16 and back in high school. It started with the complete collapse in Game 5 against the Celtics where he looked clueless and uninterested in playing in front of 20,000 crazed fans in a series that they should have won. And it continued to this summer where Lebron blew off the owner of the Cavs not responding to one of the owner’s calls or voicemails.  Wow, did he indeed change and change at that very quickly!

Lesson Learned: You may think you know someone online (and maybe even offline), but you need to be prepared for the unexpected. The only thing you can do to protect yourself is a) get as much information as possible about a person and business and b) always be cautious for the unexpected to happen because it will.  Also the person or business you know one day may be very different a few months or years later.  So always keep your information gathering up to date before you decide to do business online.

2. Do Not Trust Labels, Trust Actions – Lebron repeatedly said so many times he puts a premium on loyalty.  He said he is a loyal guy and that he will always be that kid from Akron.  The fans, media and even his teammates bought into that card.  Heck, I even bought into it.  You have to kind of grow up in Akron to understand it but there generally is a common bond of many people from NE Ohio that ties us together for some of the events, sports nightmares and generally ribbing we have endured.  Again, we were so wrong. You can literally have the word “Loyalty” printed on your chest like Lebron does, but it means ZERO if you do not live up to your word.

Lesson Learned: When you are online, people and businesses will say all sorts of things to get your business. They will say that they guarantee certain things, that you can trust them, that their website is safe.  Make them prove it to you by having them show you their trackrecord of reliability, trustworthiness and success.  Heck, that is what the KikScore seal allows you to do as a small business.

3. Look for Hints of Information to be Wary:  So in some ways I can say myself and the rest of the city of Cleveland/Akron feel blindsided.  But that would be naive.  There were many hints of information and actions, though small and isolated instances, that should have made people wary of what Lebron was going to do.  There was the lack of commitment to the team last year when he had the opportunity to resign, there was his space cadet look and play in game 5 of the Celtics game, there was the lack of engagement with the team after the season and then maybe the most glaring one is when Lebron constantly referred to the fact that he needed to consult “his team” for the decision.  No that would not be his Cavs teammates, that was his marketing team and his bunch of his fellow St. Vincent, St. Mary high school friends and agents. I should have known, I went to Walsh Jesuit the arch rival of St. V’s. We could never trust those guys……but that goes back nearly 20 years now.

Lesson Learned: Transparency is key.  If a person or business is transparent and gives you information about themselves and their actions, first that is a good sign because they are comfortable enough to give you that information.  But more importantly, in order for you to make that online trust decision you need to analyze that information in way that allows you to feel comfortable.  To help, here are 7 items to look for from in stores that sell online to make sure they are legitimate,  5 safe online shopping tips and some help with finding contractors you can trust online.

There probably are many more.  Please let us know which ones you think there are.  I am sure you probably heard that the Cavs owner last night had a nuclear response to Lebron breaking his trust and the city of Cleveland’s trust.  We all should learn a few things from this free agency experience so that we do not end up having to send a letter like that to a person or company you do business with online because you did not take the steps to protect yourself.

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Posts Tagged ‘Online Trust’

Contractor Choices — How Can they build trust online?

Summer sun brings external home improvements.  Usually, these are self-driven so you as a homeowner, can plan, schedule accordingly and select a contractor that suits your needs.  Unless, of course, you live in an HOA driven community that forces such improvements upon you.  Welcome to my world… There is a team of painters going from block to block (I live in an urban rowhome community) painting the exterior of our homes.  The process started with a power wash, then caulking, then they are now covering windows with tarps and then finally painting.  In watching the row across from us, the entire process is very lengthy.

The thing is, I had no option to ‘vote’ on which painting company was selected.  So how do I know I can trust these guys?  I just have to deal with the process set forth and hope for the best.  Now I trust my HOA to an extent, so I can feel somewhat comfortable that the end result will be Ok.

But, an online survey of all homeowners would have been a more ideal approach.  Each homeowner could have reviewed the list and looked at the painting company websites to cast a vote.  Different painting company websites may have had specific trust seals that could have swayed homeowner decisions.  The HOA could then have made a decision based upon feedback and cost and worked from homeowner recommendations.  We are a tight community, and value each others opinions.  But alas, we were not given this opportunity.  Not only would this have been a great exercise for my community, but also would have helped to build trust online for the given painting companies that offered up a bid.

If the company doing the work right now does a stellar job, I may go and post some comments on their website in support of them – so they may benefit positively… or negatively if they do a poor job.  How have you helped a contracting or service provider build trust online?

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Posts Tagged ‘Online Trust’

Bad Calls at the World Cup: Any Business Lessons From This Pain?

My KikScore partner, Travis, challenged me to find any good that has come from all of the terrible calls made during the World Cup.  Not one to turn down a decent challenge (sorry Raj, but that White Snake challenge was weak at best), I am presenting the business lessons from the referring debacle that is the World Cup:

1.  Any Press is Good Press:  Let’s face it, all the terrible calls (and the video replays of the terrible calls) prove the point that there really is little difference from being famous versus infamous.  Either way the event is well known.  For the first time since 3rd grade, I’ve been paying attention to soccer — and so have a lot of other non-soccer fans.  People unfamiliar with the sport are now watching the games, learning the rules, just so they can talk about the bad calls.  The business lesson here is obvious.  Getting the word out trumps pretty much everything else.

2.  The Best Team Doesn’t Always Win:  England should have trounced the U.S.  The U.S. should have beaten Algeria.  But that’s why you play the games.  And sometimes the best team doesn’t win.  Same goes for products and businesses.  Sometimes the best service becomes a niche player.  And sometimes a third party (a referee, a very litigious individual, or a government) intervenes and makes the decision for the marketplace.  Just like soccer matches, your product has to survive in the real world, which isn’t a completely efficient marketplace of ideas. 

3.  Anger enough people, and The Rules Will Change:  The flip side of my first point is that if the current rules set in place promote incompetence and anger enough people, tradition will be sacrificed and the rules will change in an attempt to prevent a recurrence of the same issue.  So there is no instant replay for FIFA games.  With all the anger about the blown calls, there is now serious talk about creating instant replays.  Same goes for business.  If you creat enough ill-will, the rules will change for your business.  Just ask Goldman Sachs.

Feel free to share any other business lessons learned from this outbreak of bad calls.

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