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In 2020, Weber Shandwick – a trusted corporate research think tank reported that 63% of a company's market value is determined by its reputation. It could take years to restore a reputation however, one mishap can destroy it in a matter of minutes. It is crucial to have a strategy in place to protect your reputation from negative publicity and protect your company's market share. One of the most efficient ways to implement ORM is to utilize social media and press releases to highlight positive reviews about your brand. You can also make use of Google My Business or Yelp tools to verify your company's details and encourage customers to write reviews. It is crucial to respond politely and directly to someone who has left negative reviews. You can offer an apology and explain what you're doing to solve the issue. A sound reputation management plan should include the use of search engine optimization (SEO) which includes optimizing web pages as well as other properties on the internet. This should include all the websites that are related to your company including directories, social media and other websites. This should include claiming and optimising Google Business Profiles to improve their visibility on local searches.