Tag Archive for: PR strategy

Why do PR? Emerging or growing brands often ask should I hire in-house or use a PR agency?

They’re asking themselves this question against a wild backdrop and volatile marketplace. But even during corrections, thousands of businesses are finding their footing and growing. It truly is the wild, wild, west in right now. The reason executives are asking themselves this question is because regardless of lay-offs and investment size, what both these businesses also have in common are some enormous plans that require PR and marketing.

Many companies have concerns about hiring agencies, they worry about finding the right PR agency, they worry about disclosure to people outside the company; they worry about failure. Those are legitimate concerns, many of those same concerns can be an issue with employees, but with an agency, they can be addressed with strategic questions and planning, and taking a little time to get to know your potential pr agency. And the good news is that the best agencies seem to know one another. If you find a great marketing agency or a great branding agency, chances are, they know a PR firm they like and trust.

In-House PR Advantages

Proximity

If you like having someone to bounce ideas off on a whim, in-house PR teams offer that flexibility more than PR agencies. PR agencies are typically a little more formal about meetings and goal-setting.

Cross-Departmental Integration

As companies and brands grow, it’s often great to have someone in-house who formalizes internal communications and ensures other departments are considering PR implications.

Agency Management

If you’re managing multiple agencies, like a marketing agency and a public relations agency, having an in-house point person is a great advantage. Agencies will often work together, but someone needs to ensure the brand’s objectives are always at the forefront.

But what are the practical business reasons for hiring an agency over an in-house team for brands?

Cost-Effective

A single hire’s salary can cost you more than an agency, and that single hire, because they are human, has limitations. Agencies specialize in providing you with the team of specialists you need when you need them. Add this to the fact that you won’t be paying benefits, payroll taxes, and health insurance, and it adds up to savings for both big brands and startups.

Think about it, in addition to your CMO and/or a Communications Officer, who will each need a manager and team, including a media relations specialist, a content writer, a social media manager, a graphic designer, and a multitude of marketing and listening tools which can all easily add up to $400,000 or more, plus benefits.

Plus, if something dramatic happens, it’s also usually less expensive to separate from an agency. Many PR agencies, including us, have a separation agreement in the contract that spells out the process if something radically changes, so it’s a reasonably straightforward process that brings peace of mind to executives in this volatile time.

The IRS Sees PR Agencies As an Expense

Agencies streamline payroll AND they are also a straight business expense.  Talk to your CPA about what makes the most sense for your business.

PR Agency Superpower: Scaleability

Think of your agency as your expansion team. In addition to receiving top-notch strategy and planning, you’ll also have access to team members who are in the thick of it and can give a point of view from the front lines too. When you have a team of people, it’s easier to tap into insights and trends that you might otherwise miss. But it’s also important to note that when you hire a cannabis PR firm or a cannabis marketing firm you’ll get a team of professionals who can more easily scale up during launches or big campaigns.

Even if you do decide to take certain elements in-house, your agency continues to serve you with perspective and resources that support your in-house team. For example, many brands want a PR expert in-house for a multitude of reasons, especially corporate communications and investor relations. But your PR executive still needs a team to help execute, especially in the area of media relations. Few in-house communications executives are actively pitching and engaging with journalists as often as our team is, our media relations team is a top-notch time saver for in-house PR teams.

Seeing the Forest Through The Trees

It’s easy to lose perspective when there’s a lot going on. An agency can provide additional listening and strategy insights you might not have considered. Having a team that has your back and isn’t bogged down in your office politics can really keep things moving along.

In-house team members tend to be front-line advocates internally. And that’s a really important role, especially if you’re trying to build a culture as many brands are. But those day-to-day tasks, meetings, and internal cajoling tend to make consistent outward-looking perspectives difficult. Use your agency to bring you a consistent overall vision of the marketplace and strategies that will set you apart for the long run. Look for agencies with whom you can have open and collaborative dialogue to get the most out of your agency.

Get to Work Fast!

The right agency can get to work much faster than onboarding an employee.  Agencies have a client on-boarding process that will be systematic and strategic because they want to get to work too. You won’t spend your time showing someone where the coffee maker is, you’ll spend your time reviewing strategy and goals.

Access To The Latest Technology & Tools

You pay a fair share for platforms and services that are critical to your business. So do agencies. We have top-notch monitoring, analytics, and communications platforms – you get access to those without adding those non-critical operating costs to your bottom line.

Is the press release dead?  For years now, that question has been hanging over the public relations/journalism world. And the question is a fair one – when millions of press releases are issued daily, often without consideration of the journalists receiving them, do press releases work anymore? And issuing a press release through a credible pr distribution wire service is an extra cost of about $3,000 or more depending on variables like length, number of images or videos, and frequency.

Given their expense, is a press release worth it?
What we’re talking about here is legitimate company news that is appropriate for a wire service, but isn’t securities and exchange or public shareholders requirement. So this legitimate news could be based on research, a new hire, a new product, it can even be a statement based on industry news, issued over a pr distribution wire service like PR Newswire, Business Wire, Globe Newswire or similar who distribute and publish an online press release.

A press release is but one tactic in the media relations tool kit. It’s extremely unusual that your news, even your most exciting news, (“We launched..! We bought…! We secured…!”), applies to every single media site, without customization about why it applies to the reader or journalist’s beat. There are plenty of occasions when direct outreach to the media contacts database will generate better quality and more tailored media coverage. Plus, journalists aren’t really all that jazzed to receive the same (untailored) information as hundreds of thousands of other journalists; at that point, they view it as a status update instead of news.  But then why do these services charge so much?

Well, most quality pr distribution wire services reach thousands of outlets at once and most will get reprints of your press release in at least a few national online media outlets.  But that press release syndication can come in handy on the web.

The press release isn’t dead, it’s just viewed differently by both journalists and public relations professionals today. So when SHOULD you go through the expense, sometimes over $1,000 per release, of using a wire service? Here are 5 times issuing a press release over a wire service can serve your strategic interests.

It’s Still Got Social Proof:

When you search on a business name and  the release appears under “news,” tell me that doesn’t impress you a little? Of course. That’s why earned media is so valuable. Vendors, customers, investors, they all like seeing that too. It shows you’re committed to your brand, your growth, and your reputation. If you’re positioning for acquisition, IPO, or investors, having a consistent history of press releases provides credibility and social proof.

Consistent (but not overwhelming) press releases are also a good way to stay in front of news outlets. When your brand is top of mind at the moment editors are assigning stories or looking for ideas, it allows your public relations budget to go even further. Press releases also offer background information for journalists writing today’s story; they serve as a good historical marker to your company’s achievements, which can get buried on a website.

You’ve Got Video on a Major News Item:

If you or your company has a unique point of view on a breaking news item, especially if it’s video,  TV stations are always looking for high-quality video for of-the-moment topics, that’s a great opportunity to send out a well-timed press release.  Make sure your video has a distinctive point of view and that it’s relevant to your key messaging. Make sure your video is high quality enough for TV and name your video using relevant and keyword researched words.

Help producers and journalists by using your press release to give context to your quote and be sure to show the speaker’s name clearly in the content.

You’re ABSOLUTELY Clear On Your Audience:

Most of the time your audience is the press, after all, those are the subscribers to wire services – to pretend there is any other primary audience is misleading. But given that most journalists aren’t responsive to press releases, there may be an opportunity to be a bit disruptive.  There may be an occasion in which your release speaks directly to the consumer as opposed to the journalist with a jazzier (note: not promotional) lingo, maybe direct to consumer quotes, and direct to consumer ideas or recommendations that could also interest slow-news-day fodder. Note: we’re not really dealing with many slow news days these days.

Sometimes those press release reprints can give you enough legs to support other content initiatives and social proof initiatives.

Let me be clear: do not treat a press release like a blog post, they are complementary, not interchangeable. But, addressing to the consumer’s issues within the context of a newsworthy release may be a useful, if non-traditional, tactic occasionally.

You’ve Done Keyword Research:
If your website is new, or if you’re trying to build traffic, these consistent high-value links can contribute nicely to your SEO. Let’s be clear sending out press releases alone isn’t enough to radically change your SEO, but it can be part of your off-page tool kit that supports your overall SEO strategy.

Keep in mind, a press release jacked up with keywords isn’t effective AT ALL. Google’s got your number and generally, a press release written only for search engines is ineffective; it’s also considered spammy by journalists, so used wrong, it can discredit your company in the eyes of the media outlets.

What you want to do is keyword research on ACTUAL news so you maximize the opportunity. Wire releases DO create high-value inbound links. Plus, wire service releases generally present well in search results, so it’s a double-win if you or your PR team have done their keyword research.

The Moment is Momentus

Using a press release to document a historic moment in your company’s history presents a timeline and momentum to your company and adds social proof. Also, going back to the keywords, press releases live in “news” for much, much longer than even an earned media story.

Press releases using this strategy also serve as a way to get press on track to watch for future announcements, clarify your business positioning, or get stakeholders on the same page.

Do we believe press releases are dead? No, we do not. We also don’t believe every announcement needs to come in the form of a press release. Use press releases strategically, and to compliment your media relations,  and they will serve you well.

The Communication Strategy Everyone Will Thank You For.

We’re inundated with messages every day. As communicators, it’s up to us to have  some empathy for our audience, whether that audience is the press, an employee, a customer, or an investor.

Yet, this single communications strategy I’m about to share with you is so simple, so basic, you’ll wonder why you’re not doing it already.

Before we go any further, let me ask you, which would you rather be:

A product or a movement
A cause or a movement?
An idea or a movement?

If you don’t care, I’ll save you-you can stop reading right now.
If you want to be a movement, it’s time to re-frame your thinking.
If you’re going to have a movement that matters, you’re going to need people to get on your side.
PEOPLE.
Not Twitter accounts, not Instagram followers, not Facebook likes.
These are vanity metrics that provide little insight into the passion and interest people have in your brand, product, or personality.

Are You Really Ready?

If you’re ready, you’ll re-frame your thinking.
If you re-frame your thinking, it will change everything.

So get ready…
The world is crowded now with communicators, marketers, messengers, and “me, me, me.”
Some days it’s soul-sucking.
It’s why everyone who uses social networking says brands ruin everything.
And yet…people WANT to receive messages, they just want messages tailored to them.
One of the reasons digital marketing is so powerful is that it creates a give and take in the relationship.
It provides an opportunity for the customer, the reader to think about their favorite subject for a moment: them.
But here’s the rub:
It takes strategy, focus and creativity to create content that your consumer wants to see.

So, please.
As you review your communication goals and communication strategy, stop for one moment and think about the reader, whether they’re a customer, a client, an investor, or an internal employee.
Make it about them.
That single phrase is the one thing so many brand communicators ignore.
Why? Because it takes serious work to “Make it about them.”
It means getting serious about audience identification.
It means getting serious about your brand, it’s voice and how it relates to the audience.
It means diving in on messaging and strategic choices in advertising.
It means actually creating a relationship and even (GASP) an in-person relationship with your customer or client.
It means, communication and branding for the long haul,  not some flash-in-the-pan-make-it-go-viral-I-need-some-vanity-numbers-now kind of campaign.

And while we’re thinking about it, let’s consider language and what it says about our strategy.
If you’re saying you’ll “use influencers,” do you think you’re thinking about it from the “All About Them” standpoint?
If you’re talking about how you’ll “promote”  your message, event, or idea, does that sound like you’re getting ready to make it interesting to others?
If you’re talking to a PR agency, a strategist or a social media consultant who is using words like “promote” and “use” you really must ask yourself if you’ll have an opportunity for a customer relationship.

I still see and hear this language every day on Twitter, Facebook, Instagram, everywhere.
It’s gotten to where my eyes glaze over.
Guess what?  So does everyone else’s.

Let’s step it up, together.
We can do this.
We can make what you have to say interesting and relevant to the right people at the right time.

Now What?

Here’s my communication strategy challenge to you.
Go check your last 10 social posts.
See how many times you used the words “we, us, or I.”

How much of your content was about the consumer?
How much of your content was strategically shared to reinforce or create relationships?
Is there anything there that would make someone curious?
Is there anything at ALL that makes people feel ANYTHING?

How do YOU make people feel?
If you make them feel ANYTHING you’re miles ahead.
If you make them feel stronger, smarter, special, you’re really hitting on something.
If you made them terrified, scared, outraged, you’re really hitting on something.

People rarely forget how you made them feel.
But YOU’RE utterly forgettable when you make them feel nothing.
Digital branding and marketing is a long game, with peaks at appropriate times.
But always it surrounds emotion.

Regardless of the movement you’re trying to start, start with the idea that “you” are not necessarily interesting.
What’s interesting to people is what they do with “you.”
How you make them laugh or think.
How you make their lives easier, better, or richer.

Here’s another reason to re-frame your thinking: it takes discipline and thought to create content that makes people pause.
That’s why so few marketers do it.
So while everyone else is “zigging” go ahead and “zag.” and watch how it changes the way people respond to your brand or product.

That is all.