Tag Archive for: when to start public relations

Ever wonder why certain brands stand out in the marketplace or how they consistently garner positive media attention? The secret behind successful brands is effective public relations managed by reputed PR firms. But what do PR firms do precisely? This question often bothers business owners seeking to establish a presence in the industry. Considering that reputation and public perception can make or break a company, understanding what PR firms do is essential.

In this comprehensive guide, we’ll delve deep into the roles and responsibilities of PR firms, emphasizing their indispensable contribution to achieving a company’s strategic goals. From the nuances of B2B public relations to the intricacies of managing B2C public relations and the dynamic environment of public relations companies in Los Angeles, we’ll cover it all below.

Defining Public Relations: The Art of Shaping Perceptions

Public relations is the strategic communication process that creates mutually favorable relationships between the public and organizations. But what do public relations firms do? They manage the spread of information between an individual or an organization (such as a business, government agency, or nonprofit organization) and the public. The goal? To paint the clients in the best light possible, often translating to shaping public perception, managing crises, and fostering goodwill.

The Multifaceted Roles of PR Firms

What do PR firms do besides crafting press releases or handling crises? The reality is far more complex, as these firms wear many hats depending on every client’s needs.

Image and Brand Management: PR firms construct a company’s public persona. They strategically shape perceptions and narratives, ensuring the brand image remains consistent, relatable, and positively received by the target audience. These crafted images help businesses connect emotionally, build trust, and stand out in the competitive marketplace, fostering loyalty and engagement.

Media Relations: Acting as intermediaries, PR firms navigate the complex media landscape. They foster relationships with journalists and influencers, aiming to secure beneficial coverage. Through carefully crafted messages and strategic timing, these professionals convey the client’s narratives, announcements, or responses, ensuring a consistent brand voice throughout various media outlets.

Crisis Management: When scandals or emergencies strike, PR firms step in to control damage. They develop strategies, communicate with stakeholders, and release official statements to manage the narrative. This proactive approach, timely responses, and transparent communication help to mitigate adverse impacts, restore public trust, and ensure the company’s reputation remains intact.

Event Coordination: PR firms excel in creating impactful events that enhance brand image. From organizing product launches to press conferences, they manage every detail meticulously. PR firms design these events to generate buzz, provide memorable experiences, and strengthen relationships with customers, stakeholders, and the media, ultimately bolstering the brand’s public profile.

Diving Deep into B2B and B2C Public Relations

While the core of what PR firms do remains the same, strategies diverge when dealing with businesses versus consumers, often known as B2C, and understanding these subtleties is crucial.

B2B Public Relations: Winning Trust in the Corporate Arena

B2B PR involves managing relationships and communicating strategically with other businesses. It’s about building a reputation for reliability, expertise, and consistency in delivering value. But what do PR firms do in the B2B context exactly, and how do they navigate this intricate landscape?

Thought Leadership: PR firms strategically position clients as industry vanguards. Through insightful white papers, industry panel discussions, and keynote speeches, they highlight the clients’ expertise and vision. This promotion not only underscores their authority but also sets them apart from competitors, influencing peers and attracting opportunities for growth and collaboration.

Industry Relations: Within industry networks, PR professionals operate with finesse. They cultivate strategic alliances, engaging peers, competitors, and industry bodies. By identifying synergies and facilitating partnerships, they enhance the client’s standing in the community, which is crucial for reputation management, competitive positioning, and long-term business sustainability.

Crisis Mitigation: The volatile nature of public opinion makes crisis mitigation essential. PR firms develop robust strategies, anticipating potential threats. In times of turmoil, they act swiftly, implementing these plans to manage flow, address stakeholder concerns, and stabilize the situation. This adept crisis response safeguards reputations, maintaining company integrity and public trust.

B2C Public Relations: Capturing Consumer Hearts

Conversely, B2C public relations revolve around market sentiments, consumer perception, and direct communication with end-users. This arena buzzes with brand awareness campaigns, product launches, and social media interactions, all tailored to engage the public’s voice and attention.

Product Launches and Reviews: PR firms handle everything from press releases to influencer collaborations to orchestrate successful product debuts. They strategically plan the reveal, ensuring it resonates with target audiences and stands out in the market. Additionally, by facilitating product reviews, they generate excitement and anticipation within the audience, influencing public perception and consumer decision-making and ultimately driving initial sales momentum.

Consumer Engagement: In the digital age, direct consumer interaction is vital. PR firms leverage social media platforms to bridge the gap between companies and customers. Through curated posts, response management, and engagement tactics, they humanize brands, create vibrant online communities, and strengthen consumer loyalty. This ongoing dialogue enhances customer experience, fosters brand advocates, and amplifies positive word-of-mouth referrals.

Crisis Management: Consumer-oriented crises require immediate responses. PR firms specialize in reputation management, swiftly addressing adverse incidents or public dissatisfaction. They craft transparent, empathetic communications, handle media inquiries, and provide guidance on the next steps. Their intervention helps companies preserve customer trust, mitigate potential backlash, and navigate the situation with the brand’s integrity intact, ensuring a resilient public standing.

The Pinnacle of Influence – Top PR Agencies

Why do companies, especially in bustling urban entrepreneurial landscapes, reach out to top PR agencies? The answer is simple. These firms are known for their strategic prowess, extensive connections, and seasoned experience in navigating the complex pathways of public opinion. Notably, public relations companies in Los Angeles stand out due to their proximity to vast networking opportunities, media houses, and a diverse client base that spans multiple industries.

Why Location Matters: Spotlight on Los Angeles

In the realm of public relations, location is strategic. Public relations companies in Los Angeles, a bustling hub of commerce and culture, are uniquely positioned. Here’s why:

Networking Epicenter: LA thrives with media giants and notable influencers, presenting endless networking prospects. PR firms leverage this environment, connecting with power players.

Media Relations: Being close to leading media outlets provides a distinct edge. Los Angeles-based PR firms capitalize on this, facilitating prominent exposure and impactful brand narratives for clients.

Diverse Industry Landscape: The city hosts various industries, from tech to entertainment. This diversity enables PR firms to develop extensive expertise and navigate different sectors skillfully.

Qualities That Set Top PR Agencies Apart

Top PR agencies aren’t just about a prominent client list. Leading PR agencies embody certain qualities, such as:

Strategic Storytelling: PR firms master crafting engaging stories, aligning narratives with the client’s brand and objectives to captivate target demographics and foster brand connection and loyalty.

Innovative Approach: These agencies pioneer unique engagement strategies. They transcend standard practices, initiating trends that elevate client profiles in the crowded marketplace.

Results-Driven Mindset: These firms prioritize tangible results. They aim to make discernible impacts through increased visibility, enhanced brand reputation, and crisis management.

Specialized PR Fields – Technology, Thought Leadership, and More

As the industry evolves, so do the niches within it. Fields like technology PR and thought leadership have emerged, requiring specialized and innovative strategies tailored to unique audience needs.

Technology PR: Navigating Innovation and Users

Technology PR is a realm where innovation meets the dynamic market, and public relations strategies play a crucial role in how consumers understand and embrace new technology.

B2B Technology PR: In this area, PR firms demystify complex technological solutions for businesses and showcase how they can improve operations or bottom lines.

B2C Technology PR: This type of public relations involves translating complex tech jargon into benefits for the average consumer, highlighting ease of use and life-enhancing features.

Establishing Authority through Thought Leadership

Thought leadership is about establishing a reputation as a field expert. It involves contributing new ideas, providing insightful commentary, and being the go-to source for industry insights.

Content Creation: PR agencies specialize in producing compelling, authoritative content. This strategic material strengthens brand credibility and effectively engages target audiences.

Public Engagement: From speaking opportunities to industry-wide panel discussions, they create platforms for direct audience interaction, solidifying the client’s role as a thought leader.

Essential PR Tools – Earned Media and Content Development

In the arsenal of any reputable PR firm are two tools: earned media and content development. These elements are crucial in creating organic reach and providing valuable material for engagement.

The Power of Earned Media

Unlike paid advertising, earned media is about publicity obtained through promotional efforts other than paid media advertising. But what do PR firms do with earned media? They strategically capitalize on this aspect, understanding that it’s a crucial component that provides a form of third-party endorsement, often seen as more genuine compared to traditional advertising.

Media Coverage: PR firms work diligently to secure valuable coverage in digital publications or television news segments. By achieving these placements, they provide the clients with an invaluable asset – third-party validation from reputable sources. This type of endorsement can significantly influence public perception, enhancing a brand’s credibility in the eyes of potential customers.

Social Proof: In today’s interconnected world, we cannot overstate the power of social proof. PR professionals strive to create a positive buzz around a brand through word-of-mouth, social media shares, testimonials, and reviews. This strategy doesn’t just increase brand visibility; it cements its reputation as a reliable entity, influencing potential customers’ decision-making processes.

Content Development: More than Just Words

Content development is the art of generating informative and engaging material that resonates with target audiences. This strategic creation and distribution of content go beyond mere volume. The focus is on the caliber, ensuring it serves the audience’s needs while reflecting the brand’s identity.

Multimedia Content: In the digital era, audiences crave diverse content forms. Recognizing this, PR firms produce dynamic videos, infographics, and podcasts. These compelling formats offer valuable insights, catering to the evolving consumption patterns of modern audiences. By encapsulating information in an engaging way, they enhance the audience’s connection with the brand.

Educational Material: Knowledge is power, and PR firms harness this by creating in-depth educational resources. These materials, including white papers, e-books, and webinars, serve as authoritative content pieces that explore industry-specific subjects. They not only assert the company’s position as an industry expert but also provide learning avenues for the audience.

So, What Do PR Firms Do?

They work tirelessly behind the scenes, shaping perceptions, telling stories, navigating crises, and building an image of authority for the clients. Their work is all-encompassing, from the specialized realms of B2B public relations to the direct-to-consumer strategies of B2C public relations.

Whether making technology accessible and exciting or establishing industry leaders through strategic thought leadership, PR firms’ roles are undeniably integral to business success. Understanding what public relations firms do underscores the value of these partnerships in achieving business goals. In the dynamic, ever-evolving business landscape, leveraging the unique expertise of PR professionals is not just beneficial; it’s essential.

So, are you ready to transform your brand’s public image and market influence? Partner with a leading force in the industry. Contact Avaans Media for a free consultation today.

One of the first questions everyone asks a potential PR agency is, “do you have experience in (my industry)?” Hiring a PR firm with experience relevant to you is a multifaceted process, and fundamentally, it’s one no one really enjoys. Part of the reason no one enjoys it is every PR agency is slightly different, and it can be hard to determine which is most valuable to your company. But engaging with a PR firm based on their experience is really like letting the tail wag the dog. The question you really want to ask is, “What’s your experience with companies with the same business goals?“. This is especially true in emerging industries and nascent markets. What’s the use of hiring a boutique PR agency with experience in your industry if they do not know how to get you to the next level, whether that’s additional funding, an M/A event, or an IPO event? What you really want is to hire a PR firm with experience in taking you to that next level and help you accomplish your business goals.

There are two or three reasons why ambitious and fast-growing startups initiate PR, and they are all vital business objectives. Ultimately, PR is almost always at the junction of a critical turning point for companies of all stages, from startup to hypergrowth to IPO PR. And the reason for that is simple: there’s no better asset than a strong, trusted, and well-known brand; brand value can add tens of millions to valuations.

 

Next Level: Additional Funding

Do investors care about PR? They do, but for different reasons than you might think. Investors want companies that think big, but increasingly do so responsibly. One reason PR is a good investment is you can activate your PR for years after you receive it. A steady stream of PR makes it much easier for a company to grow,  and PR provides social proof that helps a company secure traction, and also become an industry leader. Think about the startup founders who have used PR brilliantly to become one of the top providers in their verticals. From Marc Benioff of Salesforce to Richard Branson at Virgin, startup founders who leverage marketing and PR inspire confidence when their thinking is bold and audacious – PR puts audacious thinking on display like no other marketing medium. Finding a PR firm with experience with companies seeking investment could not be more important.

 

The Right Partners: Mergers and Acquisitions

PR paves the path for mergers and acquisitions; it gives potential buyers and partners an opportunity to learn more about the business in a good way. Plus, PR exposes your brand to more buyers than you could ever find on your own. And the more people you’re exposed to, the more likely you are to find the right partner. Plus, companies at the top of a vertical command a premium.

Whether you need B2B PR or a B2C PR  will impact your PR agency choices, particularly if your goal is M/A, but again, that will largely depend on your strategy. Are you using PR to bolster consumer enthusiasm and growth around the product in order to attract more potential buyers, or are you looking for investors who are very specifically looking for opportunities within a particular segment? These are two very different strategies.

Count Down: Pre-IPO PR

Pre IPO is another PR strategy all altogether, and it’s important to have a PR firm that understands the ramp-up and regulatory conditions of an IPO. Whether you need B2B tech PR agency  or a consumer tech pr agency, you need a PR agency that has been through the ropes of an IPO. A PR agency with Pre-IPO experience helps you set the stage during those critical 24-36 months before your IPO. While you’ll want an investor relations agency to develop your road show and connect you with the right bankers, your PR team should be working in tandem  for positive public relations that analysts will want to see. Since PR is a ramp, not a straight line, plan on investing in PR a minimum of 16 months before your IPO – the longer, the better the pay-off. Involve your PR agency with your investor relations firm well in advance so they can build trust and collaboration and work as a team.

Crisis: PR Experts Needed

If you’re in crisis, and you don’t already have a PR firm or a crisis management plan, then you definitely need a PR agency with experience in crisis communications. Crisis management is very specific to your situation, and the stakeholders will frequently determine the who you choose as a PR team. If you’re challenge is regulatory, a PR team with experience in the regulatory environment is critical, as is a PR team who can evaluate the situation quickly, and act fast. An experienced crisis communications expert will be able to guide you through the process over the course of days, weeks and even months – because getting through the crisis is one thing, but repairing your reputation, to get things back on track, is another.

PR is a serious endeavor with serious potential to change a company’s future. Ensuring you find a firm that has experience in exactly what you need means finding an agency who has moved the needle and elevated companies from one phase of growth to the next. Ultimately, finding a PR firm with experience relevant to you starts with knowing where you want to end up.

5 PR measurements for Fast-Growing Companies

Here’s a question we get asked a lot, in the quick, nimble world of hyper-growth companies how do we measure PR? One of the first questions a prospective PR should ask is “how will you measure success?” PR agencies ask this in a variety of ways. As a modern boutique PR firm, the A-Team at Avaans Media always ask about future goals.  This is critical to can tie results to meaningful business objectives. We also ask this question because results drive our PR pricing, which is built around your objectives, not ours. 

We know we measure PR a little differently than most of our competitors, but we think it’s incumbent on modern PR firms to stay ahead of the PR measurement. Every year since 2010, PR professionals meet in Barcelona and set the Barcelona Principles as a framework for measuring the effectiveness of PR and communication. We based our PR measurement philosophy on these modern PR measurement principles: Barcelona Principles 3.0. These 5 PR measurements for fast-growing companies provide insight into how we work and provide a roadmap for PR success, no matter what your objectives.

 

It takes up to seven months to develop trust, so it’s important to stay consistent but also nimble.

  1. DETERMINE THE “WHY” BEHIND PR

    The “why” driving purpose for PR is critically important to identify. There may be a 5-year goal in mind, or a sales goal for the next year. Goals for hyper-growth brands may be dynamic and far-reaching. Having long-term and short-term goals as a fast-growing company is perfectly acceptable.

    For example, if your “why” is capital infusion by venture capital, understanding how VC’s use PR coverage is a vital component of the strategy. Alternatively, a different strategy would be in place for a company preparing for an IPO. And if a company wants to improve revenue growth, the PR strategy for that would be different as well.

    Most importantly, you share those goals openly and regularly with your professional PR team. As goals change, so should the PR strategies and tactics. It’s important PR efforts reflect both positioning for today and tomorrow. The “Why” is where the communication strategy is built and it’s a critical piece to PR success. Once you determine your overall “why,” a top PR agency will then know what levers to pull for a quality PR campaign

 

  1. PR MEASUREMENT IS ABOUT QUALITY, NOT QUANTITY

    Huge massive PR dashboards with hundreds of KPIs might look impressive, but realistically, they aren’t helping anyone, especially fast-growing companies because they are too overwhelming and take more time to update than they do to provide insight. With the advent of AI, gathering and interpreting your KPIs will be much easier. However, until that day happens, your PR KPIs should reflect 3-4 metrics that reflect the goals of the company. As a CMO, this is your chance to share your own goals with the PR agency so they can support your objectives in every way possible. If you need a huge win – tell us! Let us help you. If you’re unsure, why your PR firm is measuring a specific KPI, ask. If you’d like to measure something different, say so. If you highlight a particular PR measurement in investor, board, or CEO presentations, we want to know that. A modern PR agency is going to build measurements around long-term goals, as they change, share them. PR measurement should include outputs, outcomes, and potential impacts for fast-growing companies.

  2. DATA and EMOTIONAL INTELLIGENCE TELL THE PR MEASUREMENT STORY BEST

    Your PR measurement should include data points, but it should also include context and insight. Data without insight is practically meaningless for hyper-growth brands. PR data and the importance of that PR measurement will have different meanings against, social, cultural, and corporate contexts. Splashing numbers across a page is the simple part. Modern PR measurement requires emotional intelligence to surface real insights and actionable strategies. When there are radical changes, your PR firm should dive deeper to provide meaningful insight and assure correct changes were made proactively and the KPIs reflect the insight and analysis.

  3. PR MEASUREMENT IS HOLISTIC

    Why silo PR, one of the most important strategies for fast-growing companies? Modern PR includes SEO considerations, social media, paid media, and earned media, online and offline. Insist that your modern PR firm collaborate with other agencies and departments or at the very least that they keep one another informed of campaigns and their goals. As a CMO, it’s also critical that you share the OTHER KPIs you measure in advertising, social media, and owned media so the communication measurement incorporates the entire picture. The insights other agencies have can inform the emotional intelligence and insight to your PR measurement.

  4. TRACKING FOR SMARTER GOALS

    Everyone understands SMART objectives (specific, measurable, attainable, realistic, time-bound), but modern PR agencies are adding ETHICAL and REVOLUTIONIZING to make objectives SMARTER. PR professionals have professional ethics set forth by organizations like PRSA. Journalists also have a set of professional ethics. But those ethics are only the beginning because modern PR agencies should consider digital ethics (security, disclosure) as well as social and cultural ethics, such as diversity, equity, and inclusion. PR measurement should always be contextural and advance both the brand AND society. These modern-day ethics aren’t only for purpose-driven brands, they are for all stakeholders who care about the brand. It’s more critical than ever that modern PR firms incorporate SMARTER goals and outputs that enhance brand value over short-term bursts which may actually hurt a brand’s reputation. Never has emotional intelligence been more important to PR goals and measurement.

  5. TRANSPARENCY CONTEXTUALIZES DATA

    There are many levels today’s PR agencies can use to meet your objectives. Gone are the days when PR was singularly about earned media, although that was still a key component. There are content opportunities that may support your PR goals, but some of those opportunities may be paid. Understanding the difference between paid and earned media is important so you can track their results accordingly.

 

We know PR measurement will remain as dynamic as your fast-growing business, customers, and culture. These five goals for hyper-growth brands provide guidance and help you achieve real success with PR. At Avaans Media, we’re committed to being best-in-class in providing PR measurement with genuine insights that apply to your business. Contact us today for a meaningful discussion about PR measurements for today’s business goals.

 

 

The rapid growth of AI technology is changing how businesses operate in various emerging industries—the increasing sophistication and complexity of commercial tech present significant challenges for AI companies. Communication and comprehension have become significant barriers to market penetration.

Thus, investing in PR in today’s high-stakes B2B technology landscape can help simplify what AI companies offer and build a bridge to potential clients and stakeholders. But first, why is B2B technology PR so vital, and how can AI companies utilize it effectively?

Importance of PR in AI Companies

In the convoluted realm of artificial intelligence, communication is critical in connecting companies with their target audiences. Public relations serve as a beacon that guides audiences through the intricacies of complicated AI technology and toward the services and products various AI-based companies offer.

Here’s why PR is a pivotal player in AI companies:

Unraveling the Complexities of AI

AI is the epitome of high tech. Its algorithms and machine learning processes are inherently complex, often creating a barrier to comprehension for laypeople. PR shines in this realm of complexity.

Through carefully curated communication strategies, PR professionals can distill complex technological concepts into digestible, accessible information. By understandably articulating the specifics of AI, PR enables audiences to grasp the immense potential and value of AI operations.

Trust Building

AI’s profound ability to process, interpret, and derive insights from massive amounts of data is both its strength and a source of public concern. Issues around privacy, data security, and ethical use of information are common in the AI discourse.

PR strategies can mitigate these concerns by ensuring transparent, honest communication about how AI companies collect, use, and safeguard data to foster trust and effectively turn potential apprehensions into assuring transparency.

Gaining Market Share

The AI market is fiercely competitive. Companies continually vie for market share, each offering cutting-edge solutions. PR can tip the scales in favor of AI companies by highlighting their unique selling propositions. Through thoughtfully crafted narratives and compelling messaging, PR can illuminate a company’s unique strengths and innovations, helping it stand out among competitors and position them as industry pioneers, paving the way for increased market share and influence.

Influencing Policy and Regulation

Despite being a revolutionary force in today’s tech landscape, AI is a relatively new field. Its novelty means many aspects of its use remain unregulated, leaving a significant margin for public concern.

PR can indirectly influence AI-related regulations and policies by shaping public opinion. By projecting a balanced narrative emphasizing AI’s ethical use and societal benefits, PR strategies can contribute to shaping an environment that supports innovation and public interest.

Effective PR Strategies for AI Companies

As the landscape of artificial intelligence evolves at a breathtaking pace, AI companies are grappling with the daunting task of effectively communicating complex offerings to potential stakeholders. To cut through the noise of the saturated technology market, they need to employ intelligent, customized, and powerful PR strategies. Read on as we discover these strategies in detail.

Audience Analysis

A profound understanding of the audience is at the heart of every successful PR strategy. Knowing the audience—be it customers, investors, policymakers, or the public—is the foundation upon which emerging industries can build compelling PR messages AI companies must be thoroughly familiar with their audience’s interests, needs, and concerns.

Companies can only create messages that resonate and create meaningful connections by grasping what drives and concerns their audience.

Storytelling

In an information-saturated world, it’s not enough to merely provide information; it must be done in a way that engages and retains audience interest. Storytelling serves this purpose.

By weaving technologies and offerings into stories, AI companies can humanize their brand and make them more relatable.

An effectively told story can transform a faceless AI company into an entity that shares common values, bridges the gap between tech and the public, and leaves a lasting impression.

Channel Strategy

With the proliferation of digital platforms, AI companies have at their disposal a multitude of channels through which they can convey their unique messages. This can range from traditional

media outlets to social media, industry blogs, and webinars. The key lies in selecting appropriate channels that most effectively reach and engage their target audience. Each platform has its strengths and best uses, and a successful PR strategy leverages the right mix to amplify the company’s message.

Regular Engagement

PR is not a one-off activity but an ongoing process of engagement. Regular interaction with the target audience is crucial for maintaining visibility and relevance in the dynamic AI industry. Regular engagement could encompass a range of activities: timely press releases, informative blog posts, social media updates, or participation in industry events. It helps keep the audience informed about the company’s latest developments and ensures that the company always stays top of mind.

Leveraging Thought Leadership

Positioning themselves as thought leaders is another powerful strategy artificial intelligence companies can employ. Thought leadership involves offering expert insights, publishing original research, speaking at industry events, and contributing to reputable industry publications.

By becoming a source of authoritative information in the AI domain, companies can boost their credibility, enhance their brand reputation, and engender trust among their stakeholders.

Role of B2B Technology PR in Emerging Industries

Earlier on, we explored the importance of public relations for AI companies and the multitude of PR strategies they can employ. At the same time, it is equally essential to comprehend PR’s role in the context of B2B technology within emerging industries. As technology continues to evolve rapidly, it paves the way for the birth of new industries and the transformation of existing ones.

Communication emerges as a crucial element in this exciting yet complex landscape of innovation and disruption. Explaining new technologies, illustrating their advantages, building trust, and influencing policy are key factors in successfully proliferating these technologies.

This is where B2B technology public relations comes into play – acting as a solid bridge between various commercial tech companies and their diverse audiences. Continue reading for a comprehensive guide to the influential role B2B technology PR plays in emerging industries.

Decoding Complex Technologies for Diverse Audiences: In the dynamic sphere of emerging industries, technologies often carry a level of complexity that can be challenging for non-technical audiences. This is where B2B technology PR becomes invaluable. PR professionals are adept in technology can simplify these complex concepts, presenting them in an accessible language that resonates with diverse audience groups, including potential customers, investors, and policymakers.

Crafting a Positive Perception and Instilling Trust: The commercial tech world is not exempt from the age-old adage – perception is reality. As new technologies surface, they often bring along a mix of skepticism. Here, B2B technology PR is instrumental in shaping positive perceptions. By transparently communicating a company’s dedication to ethical practices, security, and societal value creation, PR efforts build trust, a cornerstone in the adoption of new technologies.

Establishing Thought Leadership: In the crowded market of emerging industries, carving out a distinct space is pivotal for any tech company. This is achievable by establishing themselves as thought leaders. B2B technology PR professionals facilitate this by creating compelling content that reflects the company’s expertise, insights, and pioneering spirit. From insightful and engaging blog posts to powerful keynote speeches, PR can effectively showcase a company’s thought leadership.

Influencing Policy and Regulation: Emerging technologies often operate in a nebulous regulatory environment. In such instances, B2B technology PR holds significant sway in shaping public opinion and, indirectly, affecting policy and regulatory outcomes. By proactively communicating the benefits of the technology and addressing the potential concerns of customers, public relations can contribute to a conducive regulatory ecosystem that allows novel technologies to flourish.

Accelerating Business Growth: Ultimately, the core objective of any commercial tech company is unlimited business growth. B2B technology PR also proves to be a stalwart supporter by boosting brand visibility, attracting potential customers and partners, and nurturing lasting relationships with key stakeholders. By tailoring PR strategies to align with business goals, companies can ensure their PR endeavors contribute to growth.

In a nutshell, B2B technology PR serves as more than a communication tool; it’s a strategic function that propels business objectives, shapes perception, and fosters thought leadership. As technology continues to revolutionize, the role of B2B technology PR will undeniably grow in its significance.

So, Do AI Companies Need Public Relations?

In the rapidly evolving landscape of commercial tech, AI companies are at the forefront of innovation, transforming industries and creating new possibilities. However, with this innovation comes many challenges.

Some of these challenges are deciphering complex technologies for diverse audiences, managing perceptions and instilling trust, shaping regulatory environments, and more. Navigating these complex challenges effectively is paramount to the success and growth of AI companies.

This blog post has illustrated how B2B technology PR can help AI companies overcome these challenges. By simplifying complex technologies, B2B technology public relations can bridge the gap between AI companies and their potential audiences, enabling them to understand and appreciate these technologies’ value.

Ever notice the best people always seem to go to the best companies? Why is that? Reputation matters and PR improves recruiting outcomes. The magical part is this: it doesn’t matter whether you’re recruiting for executives or recent graduates, a strategic PR plan makes attracting the right talent easier and even keeps your best employees.

  1. Strong Brand Values Attract The Right Candidates

    You want candidates to be a good fit for your company’s culture and values. This is one way PR improves recruiting, especially important for companies in emerging industries and hyper-growth companies who may not have the resources for fancy employment retention programs. Your PR should underscore your company’s values and contributions to society, your industry, and yes, your employees. And candidates who care about culture are more valuable employees. Brand values are an inside-out job. But you should celebrate those values with purpose-driven activations with recruitment in mind. Not every activation is worthy of the Wall Street Journal, but if that’s a goal, then make it newsworthy. Otherwise, this is where social media can be an outstanding messenger of your PR initiatives. But make no doubt about it, the best candidates do a Google search and check out your social profiles before they accept your job offer.

  2. Give Employees an Opportunity to Brag

    Everyone wants to work in a place where their co-workers are happy to be there. Here, activate your earned media with your employees. Every time you receive coverage, be sure to tell your employees and let them brag about the company to their friends and community. You can encourage sharing with recruitment bonuses, and other internal spotlights on employees who share your good news far and wide. Employee advocacy is a really effective way that PR can improve recruiting. There’s another benefit to encouraging employees to share content:

  3. Reduce Employee Turnover with PR

    Everyone wants to feel proud of where they work, and the more they talk about how proud they are, the more committed they become to that feeling of loyalty and pride. That’s a Captivation Motivation fact, it’s akin to sunk costs. The more we sink into something, the harder it is to walk away. So PR improves recruiting through increased employee pride, and that pride reduces costly turnover. It’s a lot harder to complain about your job on social media if you’re regularly posting about how much you love your company and job.

  4. Reputation Management Matters

    You definitely want someone monitoring your overall reputation. That includes everything a potential candidate might see from Glass Door to news coverage and even reviews. You also want someone to identify how certain audiences perceive your overall communications and what you can do to improve your communications. For example, if you’re emphasizing diversity, equity, and inclusion in your recruitment, but no one on your website reflects DEI values, it feels very shallow and unwelcoming to those candidates. Do your job descriptions match the education levels and pay ranges you’re hiring for?   If you’re hiring for people with college degrees, those job descriptions should look and feel differently than your job descriptions for roles that don’t require a college degree. Consider blind hiring initiatives that remove age, gender, race, location, and even college degree from the search qualifications.

  5. Appeal To The Ego

    When high-potential or high-level candidates see that news articles and media coverage of company executives, that’s a pretty compelling benefit for ambitious executives. It’s an outstanding way for your company to attract talent, even in the tightest recruitment markets. Plus, your that coverage adds benefits to your company’s brand values as well. Make sure your recruitment pages include executive coverage so potential employees can envision thier own name in the headlines too.

 

Using PR to improve recruiting outcomes is only one of the ways PR supports the most important business strategies, read more about the other 5 ways PR improves business outcomes.

Do we need PR? Possibly. Possibly not. It all starts with your goals. These are the 5 reasons why PR is vital to growth. Straight up: PR is a true differentiator; less than 1% of companies ever receive media coverage. And reputation management couldn’t be more important than it is today. While it might be tempting for businesses to focus on sales and marketing only, and it’s technically possible to operate a business without PR, it’s virtually impossible to become an industry leader or a household name without PR. Emerging industries, which need to establish credibility to investors and consumers, and hyper-growth companies with very ambitious growth plans need PR.

For emerging industries and hypergrowth brands in particular, PR is a vital partner to business goals that have long-term effects on the success of growing companies.

5 Reasons Why Doing PR is Vital for Emerging Industries and Hyper-Growth Brand Success

We specialize in emerging industries and hyper-growth brands, be they B2B or B2C. From raising awareness with consistent media placement to aligning social media with your most important key messaging, to crisis prevention and management, having a cohesive and active PR presence is the secret ingredient to building brand equity and awareness. We’re so committed to helping you get to the next level; we base our PR pricing on your strategic objectives.

 

  1. Increase Revenue: PR has genuine and exciting implications for revenue growth. More credible than advertising, PR contributes to increased sales conversion and deal flow improvement, as well as decreasing churn and increasing customer lifetime value (CLTV). Working with your top PR firm to develop baselines and KPIs for your business goals not only allows you to see the impact on your bottom line, but also enables your PR firm to develop a strategy that is effective and long-lasting.
  2. Attract Investors: For many emerging industry companies and hyper-growth brands, attracting investment is a key goal for scale. Investors like to see that your product has legs. There is no better endorsement of your product’s potential than media placement. It might be tempting to only use PR after you’ve secured investment, but PR can increase deal flow, give you more brand equity, and improve the quality of investment.
  3. Competitive Advantages: If you’re in an industry where there are a lot of competitors, then you absolutely need public relations. PR will help you clarify your messaging and ensure you know where and when you can stand out. Further, in crowded fields, what do consumers do? They Google brands to find reviews and articles. If your brand has this critical 3rd party social proof, it’s a massive edge for your brand.
  4. Recruitment: The best candidates know their value and want to work for companies that are known entities in their industry, no matter whether the job market is tight. Great candidates are rarely interested in growing a business that hasn’t committed resources to growing the business. No one ever became an industry leader by focusing solely on cutting costs. PR shouts from the rooftops: “we’re serious about our future,” and that’s just the message to appeal to the best and brightest talent at all levels.
  5. Attract Acquisition, Investment or an IPO: Sometimes the next stage in a company’s growth is an acquisition or an IPO. For both scenarios, completely integrated PR and marketing efforts are critical. For emerging industry companies and hyper-growth brands, if you’re serious about being acquired or an IPO, AND you want the best price for your company, now is the time to double down on brand equity investment. These strategic objectives require an aligned pre-IPO PR strategy that may differ from what you’ve done in the past. But since our company has done this many times, we can help you navigate and implement the strategy flawlessly. Potential investors, like venture capital, like to see you building your brand, this is especially true if they see your company as a potential unicorn…or do they see your company as a potential unicorn because of PR? Either way, securing media coverage, having a crisis communication plan, and a solid thought leadership strategy all invoke investor confidence during all stages of growth.

Why is PR your secret weapon? These are only the most critical to business goals; hundreds of smaller PR advantages increase revenue and even save you money. At Avaans Media, we’re exceptionally proud of our A-team, a group of experienced and insightful communication experts who never stop working for our clients. Get started being the most important brand you can be. Contact us today for a discussion about your business goals.