In my last post I have written about the Language of Content. Today I want to write a bit about the reputation economy.
Way back in 2015 I read an article about the Reputation Economy. At that stage already, consumers were looking at products online before they made purchasing decisions and 90% said that they were influenced by those reviews. In addition 64% at that stage already said that their purchasing decisions were influenced by social content. 91% of recruiters check out candidates social media profiles before going further with a recruitment process.
You can read more in the article The reputation economy : Are you ready?
The reputation economy
I want to repeat a short article experiment which I had in my last article:
We instinctively know that having a good reputation makes us feel good. But the link between reputation and reward is more direct and powerful than you might think. In 2008 the National Institute for Physiological Sciences in Aichi, Japan, mapped neural responses in the brain to different rewards. One reward was financial - subjects played a card game and were rewarded with money for winning.
The second was reputational - subjects were shown a picture of their face with a positive or negative description underneath, supposedly written by their peers. When the subject’s brain was monitored it showed that the brain responded in exactly the same way to the financial reward as it did to positive reputation.
We care about our online reputation
A very interesting fact is that the younger generation care about this much more than the older generation.
We are seeing a generational shift in the perceived value and importance of an online reputation.
Important point: Make sure you build a good reputation on Steemit. This will be beneficial in the long term.
You can view the full report on the wave website
Happy Steeming!
Thanks for the advise - I belong more to this group of old guys that seem to work on the awareness i should care more about reputation then :-)
Indeed, reputation is really priceless. To me it is equal to financial reward and even everlasting. It's the manifestation of an idea that affects reality and as such, it's tremendously powerful. I
What a great read!
Thanks a lot :)
good name is even better than riches
good post.
Rate it.
https://steemit.com/photography/@lomidze/white-and-black-grapes-georgia-tbilisi
@jacor do you mind if I share this article to my blog off-site? I would run the first paragraph and link back to your article on STEEMIT and your profile. Let me know.
Hey @sku77-poprocks. No prob go for it :)
Thank you.
Thanks for that great advice and yeah, reputation means a lot and has a direct connection with reward on steemit. One might not be able to earn some level of reward on steemit based on certain reputation.
For instance its a rare to see a 25 steemit REP trending on the trend page. Aside the fact that it suggest the account is new, the reputation also influence the peak where it can reach.
I guide my reputation with all my strength because it means a lot to me
I am really curious about how Rep is calculated on Steemit. 😀 😃 😄 😁 😆 Thanks for this, I hope you have a WONDERFUL day!!!
Thanks for sharing valuable advise. I think rep is priceless and crown for future. Everyone follow you if your rep is good. In real life child follow the parents character and also neighbour. They know that if they stay with high rep person they will be reputatef in the future. Like as steemit we follow the high rep person. But I don't know how to calculate the steemit rep? Can anyone ans me??
Hi @currentnews, I am not sure about the inner workings of the Steemit Reputation of the formula. I do believe it when somebody with a higher ranking than you vote for your posts it might have a positive effect on your rep. Let me ask around and feedback to you later. Thanks for the comment.
Very good freinds.
I like
Couldn't agree more. Showing good judgement here and now will pay off for decades.
It IS so important...
legacy has always been important on and offline. digital media is the new CV.
I agree.
Thanks in South Africa we are way behind in terms of checking out products our buying them online. 😀 😃 😄 😁 😆
Hallo @pjswart, ek is ook van Suid Afrika. Goed om te ontmoet :)
Fantasties dankie. Watse werk doen jy? Volg jou nou. Ek is groot op sports, was amper pro.
Wow amazing...
Good reputation helps to achieve more in
Good job for reputation
Nice advice, very helpful.
Thank you. :)
Great post @jacor. Good reputation. Have a nice day. Regards
usefull info (y)
Reputation really play a big role thanks for this post :)
It is a great pleasure :)
Very great recommendation!
I lover the way you illustrate your post. A really nice work, so i'm starting to follow and upvote you.
Have a nice day
Thanks for sharing. Of course, our reputation will depend on how we conduct ourselves online as an individual or a business. Following, upvoted and resteemed. Have a nice day.
Very nice thank you for sharing.
There is a famous Malay proverb thats says when thr tiger dies it leaves behind its stripes but when a man dies he leaves behind his reputation.
You presented a good write up! I have followed you and I would want you to keep me updated. Thanks.
Interesting enough when a favor was done for me the other day it rose that person's business in my esteem greatly and as a result I gave him very good reviews both on their Facebook page and in Google Maps where by now my photos have received over 100,000 views
Thanks 👌👌👌👌for that great advice and yeah, reputation means a lot and has a direct connection with reward on steemit.💐💐💐💐 One might not be able to earn some level of reward on steemit based on certain reputation.Very 👌👌👌good👌👌👌 freinds I like.👍👍👍
I agree. 😀 😃 😄 😁 😆 Thanks for this, I hope you have a WONDERFUL day!!!
Ok
:-)