Consumer Tech PR

Consumer Brands Experts: Prepare for the Holiday Season Now

, , ,

A couple of times a year, I reach out to my network of consumer brand experts and agency owners to ask them what they’re telling their clients right now. As consumer brands prepare for the holiday shopping season, my SEO, PR, Content, and Web Development colleagues are urging their clients to give themselves an edge given the competitive nature of the fourth quarter.

1. Prioritize and Plan

Organic & SEO do take a bit of time to kick in, -Jason Berkowitz, Break the Web

Given that organic & SEO do take a bit of time to kick in, starting on this fully now allows you to get the heavy lifting out of the way, without stressing when the season hits.

“If an increase in non-branded organic traffic is a marketing goal, then strategizing the plan of attack today,” says consumer brand expert Jason Berkowitz.

-Jason Berkowitz, Break the Web

“Paid media …doesn’t need to get started until September.” -Steve Krull, Be Found Online

Consumer brand digital marketing expert Steve Krull is urging brands to review their content and SEO strategy now. “There are two things I will typically work with clients on as we approach the holidays – Strategy & SEO with Content. Paid media …doesn’t need to get started until September.”

Krull recommends reviewing your holiday strategy to ensure it’s keeping up with the latest online changes, and your brand’s evolution. For a well-defined strategy, start with the questions:
Define your goals & metrics?
Identify your best revenue channels?
Ask: what’s different about this year?
Are there new ideas or channels you might test NOW in order to be prepared?

For SEO, update your existing content. If you’re an eCommerce or DTC brand, update your Category & Sub-Category pages as “Pillar Pages” to attract and distribute users and organic traffic.

-Steve Krull, Be Found Online

 

2. Improve UX with the Latest Data

Data-backed strategies can make a big difference during the holiday season in 2023. -Travis McAshan, Glide Design

Travis McAshan is wildly passionate about the consumer shopping experience, “As someone who spends my days thinking about user experience design, I have a few recommendations to consider as we gear up for the holiday season in 2023,” he says.

“While there’s a list of usual suspects you’d typically hear about – improving site performance, enhancing the user-friendly aspect of your consumer brand design, focusing on mobile-responsive elements, dialing in your site security, refining your CTAs, simplifying the checkout process, and so on, I’d rather shed light on a few often-overlooked, counter-intuitive aspects,” McAshan continues.

 “From understanding decision-making behavior to using design elements strategically, each of these less obvious, data-backed strategies can make a big difference during the holiday season in 2023.” McAshan encourages consumer brands to update thier website using data and improving the UX experience with these seven tips.

1) Limit Choices: According to Hick’s Law, decision-making time increases with the number of choices available. A study by the Neilson Norman Group supports this, showing that you can improve conversions by curating your offerings instead of overwhelming users with options.

2) Emphasize Negative Space: Google’s research found that visual complexity negatively affects user perception. An ’empty’ or negative space can make your website feel clean and draw attention to key elements, improving the overall user experience.

3) Intrigue Users with a Delayed Reveal: Consumer brand experts love to leave them wanting more. A Harvard Business School study discovered that adding a slight delay or hurdle before revealing a discount or special offer increases user engagement and satisfaction.

4) The Paradox of Image Size: CXL Institute’s A/B test found that smaller product images can sometimes outperform larger ones. They allow users to see the product details and the purchase button simultaneously without scrolling.

5) Design for the Impatient: A study by Columbia Business School revealed that customers tend to choose options that promise shorter waiting times, even over more beneficial alternatives. Optimizing your estimated delivery times can, counter-intuitively, boost conversions.

6) The Psychology of Colors: Maxymiser’s study found that ‘warm’ colors like red used for CTA buttons can increase conversion rates. Color choice is more than just aesthetics – it can drive actions.

7) Leverage Social Proof: The principle of ‘Fear of Missing Out’ (FOMO) can be powerful. Software company Figleaves, for example, increased their conversion rate by 12.5% just by showcasing how many people were currently viewing a product.

 

-Travis McAshan, Glide Design

 

3. Prepare for the Holiday Season: Integrate Operations, PR, and Social Media

 

Prepare and stay flexible; that’s what Jive PR and SEO’s consumer brand experts recommend. Brittany Robertson and Jalila Singerff recommend these five steps to prepare for the holidays for consumer brands.

Anticipate and prepare for potential challenges, – Brittany Robertson + Jalila Singerff (Director of Social Media + Director of Public Relations), Jive PR Digital

1. Evaluate Objectives and Past Performance: Assess the brand’s current objectives and review the performance of the previous holiday season. This analysis will help identify successful strategies and areas that require improvement, allowing the brand to align itself optimally for success.

2. Engage in PR Activities: From a public relations perspective, prepare for holiday press placements by pitching to print press in July. This aligns with the time when editors are sourcing products for their holiday issues. Pitch to other channels such as online, broadcast, podcast, and radio during the fall leading up to the holiday season.

3. Assess Social Media Presence: Review the social media presence of competitors during the previous holiday season and evaluate your brand’s social media performance. Analyze what strategies worked and what didn’t, and implement improvements for the upcoming season. In particular, leverage influencer marketing as a crucial component to generate sales and create gift-related content. Plan budgets and identify key products for collaborations with influencers to ensure an effective campaign.

4. Optimize Website and Social Media Channels: Update the consumer brand’s website and social media channels to be optimized for the holiday season. Create new content and promotions to attract new customers and keep existing customers engaged. This can include refreshing product images, conducting lifestyle shoots, incorporating user-generated content, and utilizing influencer-driven content.

5. Prepare for Potential Challenges: Anticipate and prepare for potential challenges such as supply chain disruptions or staffing shortages. Develop contingency plans to mitigate any adverse effects and ensure that the business can continue to operate smoothly.

-Brittany Robertson + Jalila Singerff (Director of Social Media + Director of Public Relations), Jive PR Digital

4. Create SEO Advantage with Long-Tail Content and Lesser Celebrated Holidays

 

Ross Johnson, SEO expert for consumer brands is recommending  ambitious consumer brands use these six tips to stand out in search.

While long tail keywords have lower search volume individually, they often have MORE search volume in aggregate. -Ross Johnson, 3.7 Designs

1. Consumer Brand Experts: Start your content marketing now, update later

You could publish articles on Black Friday, Cyber Monday, and other holiday buyers guides now and update them as you get closer to the holiday season.

2. Optimize for holiday-related keywords

Incorporate the following keywords into your content article titles,  for example: Cyber Monday 2023 Gifts for New Fathers.

– Holiday Gifts 2023
– Black Friday 2023
– Cyber Monday 2023
– Holiday Shopping 2023
– Gift Ideas 2023

3. Focus on long-tail keywords

In a competitive niche, it’s challenging to rank for generic keywords like “shoes” or “weighted blanket.” Instead, aim for more specific and detailed phrases like “colorful running shoes for women” or “gifts for people who love weighted blankets.”

While long tail keywords have lower search volume individually, they often have MORE search volume in aggregate. Be aware that this approach requires publishing significantly more content than generic keywords.

4. Leverage non-text media

Holiday shoppers are more likely to search for images, videos, Google shopping, local search, and podcasts. Optimize your images, create video reviews or buyer’s guide videos, explore podcast interviews, or even launch your own podcast to engage with your target audience through different channels.

5. Optimize your mobile experience

Prioritize optimizing your mobile experience as mobile shopping continues to grow, especially during the holiday season. Ensure that your website provides a seamless and intuitive mobile experience, allowing shoppers to browse and make purchases easily on their mobile devices.

6. Don’t sleep on lesser celebrated holidays

Consumer buy presents for Hanukkah, Kwanzaa, Chinese New Year, and even Thanks Giving. These Holidays typically have much less competition while still having high purchase intent.


-Ross Johnson, 3.7 Designs

 

5. Make Your Brand Differences Your Consumer Brand Strength

Brand expert Chris Lam reminds consumer brands to polish up their brand. Lam says two of the most important ways consumer brands can prepare for the holiday season is understanding the customer and their pain points.

Incorporate your competitive advantage into existing content and copy -Chris Lam, Chris Lam Connects

  1. Brands really have to understand their customer. We hear this all.the.time, and there’s a reason for it. What exactly are those pain points that customers are facing and that your service or product can provide a solution or ease a pain point? (It’s not always literal or point-blank obvious.) Take the time to get to know your customer. Poll them. Engage them. Ask them. Get that feedback from the people or orgs that use your product or service.2. Emphasize How You Help the Customer. I also think consumer brands also need to remember what their competitive advantage is against their competitors and highlight it, especially if it appeals and (again) alleviates a pain point for their customer. Among all the other brands that a consumer can go to, why should they choose your brand? Flesh that out, maybe even consider this as a campaign by itself. Or incorporate your competitive advantage into existing content and copy.

-Chris Lam, Chris Lam Connects

by

How People Discover New Brands?

, , , , ,

You have a new product to launch. How can you ensure consumers find it when they’re shopping? Marketing experts say the average person sees between 4,000 and 10,000 ads in a single day; everyone of them claiming to be perfectly targeted to your ideal customer. People tune out most ads. But for DTC brands, the ad addiction is real. Why? Because it’s easy to establish direct ROI. Even when brands know the ROI isn’t great, they can’t seem to get off the treadmill because they know what to expect.  And with AI emerging, there is likely to be further disruption in the consumer industry. You’ve worked so hard to create a great brand and a great product. So, if not for advertising, how do people discover new brands today?

 

Give Them a Reason to Talk About Your Brand

Because we’re so inundated with signals and ads, buyers rely on friends and family for suggestions more than ever to help them filter through the choices. Every consumer brand understands the value of reviews, but referrals from friends and family are even more essential. 27% of consumers rely on trusted sources like friends for new brand discovery. Also, the older the target customer, the more likely they are to rely on advice from friends, with GenX (30%) and Boomers (35%) relying most heavily on friends and family.

But giving your advocates a gentle nudge and a reason to share your info with friends is even more important. We see this a lot with referral codes. Still, when a customer wants to advocate for you, or want to tell a friend about you, they aren’t likely going to go digging around for a creepy referral link that makes the receiver think their friend is only recommending a brand so they can save $10. It’s icky.

Instead, think about your content and social proof. For example, write tangential content that’s interesting and useful to your customer, not just about your brand. For example, if you’re a food brand, then write content about your favorite cooking tools in your test kitchen.

Also, when you secure consumer press, celebrate it with your customers. This IS a good time to offer a promo code because it’s one more reason to say to a friend, “hey, this is the skincare lotion you asked me about; it’s on sale,” AND it comes right next to the social proof that backs up your customer’s choice to share your product.

 

Search Engine Love

31% of consumers find new products on search engines. Consumers use search engines during two buying phases: the research phase and the buying phase. You want to be present for both, because that’s how people discover new brands

First, assuming your website is well constructed, and your product pages are well designed, your next step is to embrace the reality of the internet: content marketing. With the latest advances in AI-generated content, creating content for your website has never been easier. Just be sure to review your content and ensure the quality is there because content is often a consumer’s first exposure to your brand. There are countless ways you can use content marketing. Look at the way Sarah Blakely was always the #1 brand advocate for Spanx.

Second, if you sell DTC, use Google’s product review advice to help you build content that matters to customers. Our annual guide has many tips and hints about building consumer content that will help you stand out in search engine results.

But it’s not just owned content that customers love. When potential customers search for products, they’re in the buying phase, and that’s when they’re looking for reviews that jump out at them from search results: reviews by trusted media outlets. This is really important because publishers have massive amounts of content and SEO, so their product reviews are highly visible. And it doesn’t seem to matter if the press outlet uses affiliate links, so long as it’s disclosed. We’ve had clients sell out warehouses full of product due to affiliate links. Notably, affiliate links from friends might seem creepy, but product review affiliate links from media outlets are perfectly acceptable. Why might that be? When you learn about how people view lures and rewards, that’s another reason you must allow your marketing and PR to work together when considering your DTC consumer.

Influencers Gonna Influence

We can’t really talk about DTC PR without talking about social media influencers. It’s not just younger generations turning to TikTok for product discovery. And social networks catch buyer in all three phases – the awareness phase, the buying phase, when they’re researching a product, and the curiosity phase. Ensure your influencer campaigns work for both those phases, and be conscious of how impulsive your customers are when strategizing campaigns with content creators, because buyers are increasingly impulsive on platforms like TikTok.; 65% of GenZ and Millenials make impulse buying decisions at least once per month, compared to 38% of GenX and Boomers.

 

Using these modern PR tips to capitalize on how people discover new brands and tactics will make your investment pay for itself much faster.

by

What is Consumer PR?

, , , ,

Consumer PR is the reputation and awareness building brands do to improve their image to the public. From purpose-driven PR to product launches and experiential PR, consumer PR gives consumers an additional positive touchpoint that builds trust, anticipation, and loyalty from consumers. Consumer PR is an effective lever for ambitious brands, particularly during hyper-growth or product launch phases. This is in contrast to B2B PR, which seeks to improve the reputation and awareness of a company within a particular business vertical. Brands know new customers buy faster and existing customers buy more often from brands they can feel good about. Consumer PR can take on many sub-forms of public relations, including:

  • Community Relations: building relationships with community stakeholders.
  • Product Public Relations: Product reviews and placements in consumer publications.
  • Purpose-Driven PR: Proactive values that incorporate social, cultural, and environmental issues.
  • Experiential PR: Opportunities for the public to engage directly with the brand in-person.
  • Integrated PR: PR campaigns that use paid avenues to create media coverage and word of mouth.

Why do companies engage in consumer product PR?

PR is the most trusted form of awareness building. Consumers trust reviews more than any other type of product awareness, like advertising. Reviews can come as online reviews, and even from influencers and bloggers or can come from media outlets. Media outlet coverage is particularly coveted because not only does it have powerful sway, it adds extra brand cache and it sticks around for a long time online. For DTC and e-commerce brands media coverage also improves SEO, a really important ingredient in online sales. Investors also like to see a brand in the media; it provides valuable social proof.

Consumer product PR can be approached from a long-term strategic process or as the consumer PR campaigns during certain times of the year.

Why would companies engage in community relations? 

Anytime a company needs its local community’s support, community relations matters. Sometimes brands want to be good community partners because it makes recruiting for top talent easier. Or maybe they want to expand, and they need City Council approval on a piece of land they’re eyeing. Or perhaps the brand values being a good neighbor to the communities in which it operates. 

Why would a brand engage in Purpose-Driven PR? 

Brands engage in purpose-driven PR for a variety of reasons. One can certainly be to improve their brand image in the eyes of their customers. You will often see purpose-driven brands publish an annual report. Not only does this report track its own progress, but it also provides the public with the progress as well. We tell our clients that strategic purpose-driven PR should be systemic, and externally virtuous, but meaty and measurable.

Why would a brand engage in experiential PR? 

When you think of cutting-edge sports, what brand comes to mind? It’s probably RedBull. RedBull became a household name through events. That’s because RedBull’s brand is inextricably tied to cutting-edge sports. Their support and engagement of some of these sports basically gave legitimacy to the X Games because competitors could finally focus their efforts entirely on their sport. In fact, RedBull created the first international kiteboarding competition. RedBull’s commitment to extreme events and competitors keeps them at the forefront of beverage brand awareness. Experiential events can be expensive, but when you consider the ROI both in advertising dollars saved and PR and brand affinity, experiential events are powerful tools in the PR arsenal.

Why would a brand engage in integrated PR? 

The best integrated PR campaigns use many marketing PR levers to make an impact. An example of this would be Coinbase. In 2022, they purchased a Super Bowl ad that was nothing but a QR code. Millions of viewers stared at their screens in awe that a brand would purchase one of the most expensive ads in history and do nothing but float a QR code across the screen. But that was the entire point. In fact, for many consumer brands, the reason to purchase a Super Bowl is the added PR coverage around Super Bowl ads. Weeks before the Super Bowl, consumer brands release their ads, either to the press or the wider public on YouTube, to ensure their creative ad gets the free press it deserves.

 

Brands that build loyalty and love through PR grow faster and have higher customer retention, and consumer PR improves other initiatives such as fundraising, that are vital to a thriving brand If you’re interested in consumer PR, contact us. We’re a top-rated consumer PR agency.

by

Mastering the Art of Consumer Tech PR

, , , , ,

If you’re counting the number of blogs that mention your company’s name to measure PR success, you’re doing it wrong. Rather than using antiquated methods to gauge PR success, you should hire a reputable consumer technology PR agency that can entice consumers while building trust and credibility. Mastering the art of consumer tech PR means tapping into consumers’ imaginations and early adopter excitement.

According to research, companies launch an estimated 30,000 new products yearly. However, a large number of those tech products (around 80%) fail to make an impact. If you want to avoid your consumer tech product being one of them, then hire the expertise of a consumer technology PR agency to ensure your tech product hits the ground running.

What Is Consumer Electronics PR?

PR is the process of anticipating, identifying, and managing public opinion. While marketing is about improving sales for a company, consumer PR is more focused on developing and nurturing the company’s image. Consumer electronics PR or tech PR is the process of maintaining a company’s tech identity online by not just telling a relatable brand story but also providing valuable information on the products and services of a company.

Consumer electronics PR is the art of establishing and sustaining the excellent image of a technology-focused company. A public relations professional’s primary responsibility is to help build and maintain relationships between a business and its consumers.

It frequently means juggling several media-facing initiatives to develop a positive image between the brand and the consumer. The PR expert will also develop lasting collaborations between a tech brand and influencers, journalists, and publications. A consumer technology PR agency can weave a narrative that works in the brand’s best interest by forming a good working relationship with various media sources.

Some other responsibilities of consumer tech PR are to share information by creating and sending press releases or letters to government officials, media houses, and even the public. By doing this, a consumer technology PR agency can help spread the word whenever they launch a new technology product or service that is developed or updated. Time and well-thought communiqué ensure that all stakeholders and consumers are always in the know.

Since the role of consumer tech PR agencies is to help build connections and promote a tech brand, the consumer tech PR staff also attends essential networking events. These events may include conferences, workshops, industry-specific seminars, corporate events, fairs, and even virtual groups to help build a clientele for the tech startup or business in person and via the written word.

Why Do You Need a Consumer Technology PR Agency?

Hiring a professional company to handle your consumer tech PR is essential because they tailor their messaging for effective communication with the target demographic. For instance, even though a consumer is interested in a particular tech product, they will still need to understand all of the features and the technical jargon that goes along with it.

Instead of confusing potential customers with jargon-rich messaging that’s unreadable at best for the layman, hiring the expertise of consumer tech PR agencies can help get the message across without muddling up the message. Forcing businesses and startups to operate in an increasingly competitive environment makes you feel the need for consumer electronics PR more than ever.

Companies operating in the tech niche also use consumer tech PR agencies to announce significant events in the company. These include launching new products or features, essential milestones, new team members, acquisitions, award ceremonies, and industry-related news. PR agencies help a tech-based company or startup convey its values and increase brand loyalty by sharing important events with its users and potential customers. Furthermore, a tech company can leverage the services of consumer tech PR agencies to show off their successes and establish their brand as an authority in a particular sector.

A consumer tech PR agency has the expertise to create buzz whenever a company launches a new electrical product or if they reposition an electrical product or another typical service. Ultimately, it’s all about making your tech company stand out.

With the electronic market booming and launching new tech-focused brands every day, it pays to hire professionals who can help get your brand’s message across. It is where a consumer technology PR agency comes in. The services offered by a consumer tech PR agency can ensure that your customers and potential buyers are always kept up-to-date on the latest technological advancements and products you have to offer.

In short, one of the most far-reaching and cost-effective ways to carry out a PR campaign is to ensure a consumer tech PR strategy covers all the tech products and services a brand offers.

Mastering the Art of Consumer Electronics Public Relations for Startups

As a tech startup, you will compete with multiple competitors for a slice of a particular target demographic. The bad news is simply ensuring you have a functioning product will take longer. For any tech business or startup, backing with a robust PR campaign to ensure your new product or feature launch can make all the difference.

By hiring a consumer technology PR agency that will leverage its rapport with industry-specific professionals, you can ensure the success of a new tech product launch or feature addition.

For instance, it is not unheard of for businesses and startups in the tech space to pitch ideas that focus not just on the product but also on the brand and its founders to pique the interest of the trade and consumer press, along with other vital drivers who will help boost the results of your consumer technology PR efforts.

Tools such as infographics, videos, illustrations, and high-end photography are essential to showcase the various features of a tech product. However, they will only be helpful if you know who to share them with. It is why a consumer tech PR campaign usually includes inviting key influencers and journalists who cover the tech space and can have first-hand experience using your product.

Having authority journalists and influencers use and review the products is a great way to sway public opinion of your tech product. It can also help consumers make more informed decisions. Furthermore, making your tech product accessible in this way can build trust by showing consumers you don’t just care about your product but also their needs. Regardless of your PR needs, hiring the right consumer technology PR agency will meticulously plan and execute the perfect PR activity with a high ROI, whether a trade show launch or an intimate rooftop party.

Hiring a Consumer Technology PR Agency?

Before hiring a consumer technology PR agency, you must make sure they can help establish and maintain long-term connections with industry leaders, journalists, influencers, and media outlets that are technology focused. It will ensure that a tech business or startup can create engaging and entertaining content by utilizing all the tools in its comprehensive toolbox. This includes case studies, thought leadership pieces, and media releases.

Apart from that, a consumer technology PR agency should also be able to provide high-quality strategic advice and crisis management solutions whenever needed, along with an analyst relations strategy. Consumer tech PR is a critical part of companies that operate within the tech sphere. It can help them establish thought leadership and credibility apart from generating buzz surrounding a particular tech product or service. The following points are just a few factors to consider when choosing consumer tech PR agencies;

A Solid Understanding – A consumer tech PR agency must have a good grip on tech-related jargon and all other aspects of the tech industry. It includes having PR professionals with the right experience and skill set to ensure that the correct technical jargon is used and not overused and that all essential features and specs have been highlighted.

Good Rapport – Another crucial factor in considering consumer tech PR agencies is hiring a company with a good knowledge of authority writers and influencers in the tech niche. In short, they should have a long list of reviewers, bloggers, podcasters, influencers, and journalists who can sway the public’s perception of a tech company or startup.

Thought Leadership Initiatives – Understanding the trends, topics, and angles that best resonate with the target demographic is crucial to success. Hiring a reputable consumer tech PR agency will ensure they can create and execute thought leadership initiatives to benefit both the consumers and the users. While many companies within the tech industry tend to publish high-quality thought leadership content relevant to their goals, the requirements of these publications may vary, which is why it pays to hire an experienced consumer tech PR agency with a strong relationship with publications and various media outlets.

If you have (or planning to launch), a technology firm using a consumer tech PR agency can eliminate the guesswork of communicating your brand’s objectives with the average consumer. The messaging that consumer tech PR agencies use is also more relatable since they can share the importance of tech products and features in a jargon-free manner that’s easy for the average consumer to understand.

Message and Tone – Once the industry-specific messaging is created to help build awareness, the PR agency can fine-tune the message to help tech startups and businesses establish trust with the consumer. By leveraging tech media campaigns with industry insights, consumer tech PR agencies are better positioned to help companies in the tech industry reach their goals and create heightened brand awareness and recognition.

Ending Note

By now, you should have a comprehensible image of consumer public relations and how they can benefit technology-based businesses. Since technology lies at the heart of everything we do, including creating a PR strategy, it pays to invest in the right consumer technology PR agency that can do all of the heavy liftings for you when handling all consumer-focused press relations.

Consumer tech PR agencies are responsible for developing and nurturing a uniform communications strategy for tech-focused businesses and startups. Find out how to create, manage, and analyze display, FaceBook, Instagram, Pinterest, TikTok, and email campaigns with AdRoll.

What sets their services apart is that the overall consumer PR strategy is spearheaded by leveraging their years of experience with robust communication strategies that can take your PR efforts to the next level.

In short, consumer electronics public relations are crucial for tech firms to get the much-needed publicity they need to stand out.

by

8 Essential PR Components for a Successful IPO

, , , , , , , , , , ,

I was on a webinar presented by Morgan Stanley and PwC about preparing for an IPO – and something struck me – there was optimism, and the organizations were signaling their faith in the return of IPOs, soon. 2023 has been an IPO graveyard, but as one host said, “One thing we know is markets change, and so it will also be for the low point of IPOs.” Their advice? Prepare now. Preparing for an IPO is a daunting task for any startup, and the focus is often on due diligence. Yet communications and PR are critical to public offering preparedness. What do pre-IPO companies need to do from a communication standpoint? 

 

Reputation Building 

Investors know that when you pitch them for your IPO, the company has a verified financial model and total addressable market (TAM). And founders know investors are looking for the next $1 billion brand. This makes your company’s reputation extremely relevant. So when you’re looking to stand out to investors, nothing shows social proof quite as well as media coverage. Media coverage can go on the road with you and helps you stand out to investors. Confident, media savvy CEOs give investors confidence; it shows you can handle a very different role as CEO of a public company. 

Thought leadership is vital to reputation building. During this growth stage, executive visibility is more relevant than ever. Since a solid thought leadership program takes time and strategy, we recommend starting a thought leadership program at least 24 months before a desired IPO. 

Create a Compelling Narrative

Many founders mistake the pitch to investors as the corporate narrative. The two are cousins, but different. The narrative should resonate with key stakeholders, investors, and the public, highlighting the company’s mission, accomplishments, and long-term vision.

Know the Difference Between IR and PR

IR (investor relations) and PR (public relations) have important but slightly different roles in a company’s growth pre-IPO phase. Investor relations focuses almost solely on analysts covering topics your potential investors care about. Meanwhile, PR is targeted towards a broader set of journalists, and the public at large. They can and should work together. For example, both should play a role in any press releases. IR will ensure due diligence is met and ensure the investor messaging is correct, while PR will want to ensure the brand message is consistent and the media targets get the information they need. 

Crisis Planning 

The best time to manage a crisis is before a crisis. Before you go public, and get caught up in all the details of going public, plan for a crisis. How you handle a crisis will affect your brand, and god forbid you to have a crisis during your roadshow or quiet period. Your crisis planning should include many scenarios, from the employee, to property, to product, and, yes, cyber security. Every one of these scenarios could require different stakeholder involvement and point persons. Your crisis planning should include table top exercises and the executive team should review crisis PR plans at least once yearly. 

ESG Planning 

 Investors want to be part of companies with the broadest investor audience, and ESG (environmental, social and governance) is part of that, especially since some brokerage firms and mutual funds are offering investment products that employ ESG strategies. Larry Fink, Blackrock CEO, and co-founder, said ESG is “capitalism, driven by mutually beneficial relationships between you, the employees, customers, suppliers, and communities your company relies on to prosper,”.

From a PR perspective, ESG and even purpose-driven brands have special sensitivities, and it’s important to have a coherent plan and PR strategy for these talking points for all your stakeholders, from investors to customers. ESG is not just for the “woke” – investors see the writing on the wall and have for some time. Also, buyers beyond GenZ see the importance of ESG. 

Audit Your External Communications 

Ensure your website and any owned media meet all regulatory requirements – including executive bios, blog posts, and social media. Look at this moment as your last chance to shower before prom. Your website and social media should also be robust and brand consistent. You want everyone to see you in your best possible light, and the most accessible way for new friends to get to know you is your website. 

Media Training 

The press is not the enemy, but they aren’t here to be your BFF either. Talking to the press live and learning to work with the media under various conditions, including in person with lights and mics, is a skill. While you may have undergone media preparedness before interviews, now is the time to take on a full media training program for your executives and spokespersons, including anyone who attends public events (like trade shows) on your behalf. 

Expect media training to take several days of intense hands-on training and review. Since all relevant stakeholders will be together, it is also a good time to review and practice your crisis plan too. Since media training is a skill, conducting this exercise well before IPO is recommended. 

The Big Show

Your company will never again go public. This is one of the few indisputably great news moments.  Someone (not the CEO) must ensure the moment is documented and promoted. Do not miss this once-in-a-lifetime opportunity. It’s true – not every company makes the front page of the Wall Street Journal when they go public, but it is news – and someone will care. Using this opportunity to connect with journalists is key; it’s a great time to fill up the trust bucket in the eyes of journalists. 

Prepare for the moment with some notable key messages and brand-worthy must-airs. Run through your must airs and make sure you are prepared to answer questions that might come your way. Have your day meticulously planned with your communications in mind and watch the accolades roll in. 

Effective pre-IPO PR planning is crucial for companies aiming to go public. By crafting an interesting narrative, engaging media and influencers, developing investor communication strategies, building a strong online presence, managing crises, leveraging thought leadership opportunities, and engaging internal stakeholders, companies can establish a positive brand image, attract investors, and generate enthusiasm around their IPO. 

This article has also been submitted by the author to Entrepreneur.com

by

Top 5 PR Strategies for HealthTech Communicators

, , , , , , , , , ,

In the fast-paced world of HealthTech, effective communication and healthtech PR plays a vital role in shaping the success and reputation of a company. Because it is a fast-growing, emerging industry, Chief Marketing Officers (CMOs) and founders must comprehend the significance of strategic public relations (PR) within their marketing strategy. PR Strategies for healthtech is important to brand message and establishing trustworthiness in the market.

HealthTech communicators need to employ healthcare PR strategies to increase their brand visibility, build trust, and grow. This blog post will discuss the top five strategies they should use.

Develop a Strong Thought Leadership Program

A robust healthtech thought leadership program is essential to establish credibility and position your healthtech company as a leader in the industry.

Identify these critical spokespeople within your organization. These could be executives or subject matter experts. Contributing valuable insights and expertise to industry publications, conferences, and media outlets is a reputational requirement for industry leaders.

Publish well-researched articles regularly. Participate in industry discussions. Speak at conferences. Position your company as a trusted source of knowledge. Gain visibility among industry stakeholders and potential customers.

Leverage Data and Case Studies

In the healthcare sector, data and case studies hold immense value. Especially if your company is in the pre-IPO phase, leveraging data from your products or services can significantly strengthen your PR efforts. Collect and analyze relevant data to identify trends, insights, and success stories that showcase the impact of your healthtech solutions.

Use these findings to create compelling case studies and whitepapers highlighting your technology’s tangible benefits to patients, healthcare providers, and the overall industry. Sharing resources can help generate media interest and show the effectiveness of your offerings. This can be done through press releases, media pitches, and your company’s website.

Establish Partnerships with Key Influencers

For B2C healthtech brands, influencer marketing is a powerful tool to help healthtech companies reach a wider audience and build consumer trust. Identify key influencers in the health and technology sectors who align with your brand values and target audience. Collaborate with these influencers to create engaging content, host webinars or podcasts, or take part in social media campaigns.

A well-known individual’s endorsement and association of your brand can increase your reach and credibility. Their followers will view your healthtech company as a reliable and respected part of the industry.

For B2B healthtech brands, the role of media relations could not be more critical. Establishing a reputation with the media will build your reputation and improve your business outcomes overtime.

Optimize Digital Presence and SEO

In today’s digital age, a strong online presence is crucial for effective PR in the healthtech industry. Ensure your company’s website is visually appealing and optimized for search engines (SEO). Conduct keyword research to identify the terms and phrases your target audience is searching for, and incorporate them strategically into your website’s content.

Create content optimized for different channels, such as social media, blogs, and press releases. Focus on creating content that educates, informs, and inspires potential customers, and leverage the influencers to help spread your message. Additionally, create an email list and use this to send out newsletters, updates on new products, and news related to your HealthTech company.

Utilize SEO tools like Google Analytics and Google AdWords to track and analyze your website’s performance and optimize content accordingly. Publish blogs and articles regularly. Ensure they are high-quality and SEO-optimized.

These pieces should address the pain points of your target audience. Show thought leadership and provide valuable insights. By implementing these strategies, your website will rank higher in search engine results, driving organic traffic and enhancing your brand’s visibility.

Engage with the Media

Engaging with the media is a fundamental healthtech PR strategy for healthtech companies. Establish relationships with journalists, reporters, and editors who cover the healthcare and technology sectors. Invite them to cover your company’s launch, product launches, and other newsworthy events. Offer them interviews with the people behind your company, such as founders, CEOs, and other executives.

Utilize PR networks to reach out to influencers, bloggers, and other key players in the industry. Leverage these contacts to spread the word about your company and products.

Use social media to engage with customers and build relationships with industry partners. Post relevant content, such as tutorials, articles, and industry news, to bring attention to your brand. Share your company’s mission and progress to attract potential investors. These are just a few strategies that you can use to build a successful HealthTech PR strategy.

Regularly share company news, product updates, and industry insights through press releases, media pitches, and media alerts. Offer your executives or subject matter experts for interviews or commentary on relevant industry topics. Engage with the media proactively. This will help you secure media coverage, increase brand visibility, and make your HealthTech company an authoritative voice in the industry.

Conclusion

In the competitive world of healthtech, effective PR strategies are paramount to success. Chief Marketing Executives and founders can improve their brand’s visibility, establish thought leadership, and build trust among their target audience. This can be achieved by implementing the top five strategies outlined in this blog post. By developing a strong thought leadership program, leveraging data and case studies, and establishing authority through PR strategies for healthtech companies.

by