Those learned soles in PR agencies have forever been touting the advantages to colleagues and clients of NOT sending press releases.
In their research, HubSpot estimated nearly 50,000 press releases are issued every month. Roughly one every 12 seconds. So on to the big question: is it worth it?
Do press releases generate publicity? That really depends on your definition of publicity. If publicity for you is any website that publishes your release, then releases are very effective. If on the other hand you consider mainstream news media to be your target, you’re probably not going to have much luck with press releases.
Do journalists read releases? According to the PRWeek/PR Newswire 2009 Media Survey, 38% of journalists look at opt-in press releases from commercial newswires when researching topics and writing stories, and 27% search the websites of commercial newswire services.
But are press releases the most effective way to generate publicity? The short answer is no. According to the 2009 Media Survey, 90% of journalists prefer email pitches over every other media. If email is the top way that journalists like to receive information, then a press release isn’t the best way to get their attention. True, a release could be excellent supplemental information to use in supplement to an email, but it should replace your pitch. A well-crafted and brief pitch letter sent via email can be far more effective at getting a journalist’s attention.
Wednesday, May 27, 2009
Tuesday, May 5, 2009
Tweet - Tweet
So I’ve given in and am now fully embracing Twitter. I held off face book and hope that between blogging and tweeting my online social network can be fulfilled.
One reason that I embrace Twitter is that I love brevity. If it can’t be said in 140 characters then you shouldn’t Tweet it.
First choice I had to make was whether I was going to Twitter myself or NettResults. I chose NettResults and hope to make it relevant to business followers with a mix of whit and international marketing acumen. By all means let me know how I’m doing.
To follow NettResults on Twitter simply search for ‘NettResults’. Couldn’t be easier than that.
And if you haven’t looked into Twitter then I recommend you do so. Check out what it does, how it works and then get connected.
If you are looking at Twitter from a business point of view, then I highly recommend this article on Macworld - Nine Twitter tips for business.
Tweet tweet.
One reason that I embrace Twitter is that I love brevity. If it can’t be said in 140 characters then you shouldn’t Tweet it.
First choice I had to make was whether I was going to Twitter myself or NettResults. I chose NettResults and hope to make it relevant to business followers with a mix of whit and international marketing acumen. By all means let me know how I’m doing.
To follow NettResults on Twitter simply search for ‘NettResults’. Couldn’t be easier than that.
And if you haven’t looked into Twitter then I recommend you do so. Check out what it does, how it works and then get connected.
If you are looking at Twitter from a business point of view, then I highly recommend this article on Macworld - Nine Twitter tips for business.
Tweet tweet.
Monday, May 4, 2009
Multinational Issues in a Multimedia World
I'm getting ready for IPREX's global conference in NYC. This year's theme is "Multinational Issues in a Multimedia World." We'll be discussing social media at Google, the economic crisis at Bloomberg, and how global companies are handling the toughest PR issues at New York University. The main event is a panel discussion starring seven heads of communications for global companies.
What's the most important question we should ask them about PR today?
What's the most important question we should ask them about PR today?
Wednesday, February 4, 2009
It's all about relationships
People buy from people. Information flows better between trusting relationships. And we know we get better PR results when working with a trusted editor/journalist that we have a good relationship with.
The agency’s never ending question is how to build more and more relationships so everyone in your email address book is a ‘relationship’ and not just someone on a distribution list. For the past decade, our experience has been there are four things that can build a PR pro/media relationship:
Think ‘journalist’ – the best way to build any relationship is to understand the world from the other side’s point of view. Never is this truer than with the media. Don’t just call a press contact if you want something. Call then if you see or hear of something that might be of interest to them. Call them if you want to continue a conversation that they have reported on. Call them to congratulate on an excellent piece. None of these may be related to your own press needs, but opening up sincere, honest dialogue will get you better coverage in the future.
Think ‘their title’ – the single most common complaint that journalists make of PR pro’s is that they do not understand the title/show that the journalist works on. Before calling the media, it is imperative that the PR pro has read the title (or seen/listened to the show), understands it and identifies that their client has something relevant to the target group of that media. Without that you are not just wasting time, you’re damaging a long-term relationship.
Think ‘two-way’ – that’s a two-way conversation. Too often an agency pro will call up to pitch a client. That’s just like when you answer your home phone at 7pm and someone tries to sell you new windows. You want to get them off the phone ASAP because you are not looking for new windows – but you can’t get a word in. Agency pro’s need to stop the telesales routine, and instead of talking – try listening. The pitch might not be right for that journalist at that point, but something related my work, or that pitch might tie into something that is coming up in a forward feature.
Think ‘time line’ – journalists live by them. And theirs are written in stone. So your client wants to receive results on a certain deadline, but what drives that? If a monthly magazine goes to bed on the 20th of the month, is there really any point pitching a story in that week 13th – 20th? No. The space will already have been taken up. Similarly think of the time line for daily newspapers. Work to the media’s time line. If your client has something else in mind, then manage that client better.
Just think of the media from their point of view. That’s all it takes to build excellent agency/media relationships. And that’s what leads to excellent media results.
The agency’s never ending question is how to build more and more relationships so everyone in your email address book is a ‘relationship’ and not just someone on a distribution list. For the past decade, our experience has been there are four things that can build a PR pro/media relationship:
Think ‘journalist’ – the best way to build any relationship is to understand the world from the other side’s point of view. Never is this truer than with the media. Don’t just call a press contact if you want something. Call then if you see or hear of something that might be of interest to them. Call them if you want to continue a conversation that they have reported on. Call them to congratulate on an excellent piece. None of these may be related to your own press needs, but opening up sincere, honest dialogue will get you better coverage in the future.
Think ‘their title’ – the single most common complaint that journalists make of PR pro’s is that they do not understand the title/show that the journalist works on. Before calling the media, it is imperative that the PR pro has read the title (or seen/listened to the show), understands it and identifies that their client has something relevant to the target group of that media. Without that you are not just wasting time, you’re damaging a long-term relationship.
Think ‘two-way’ – that’s a two-way conversation. Too often an agency pro will call up to pitch a client. That’s just like when you answer your home phone at 7pm and someone tries to sell you new windows. You want to get them off the phone ASAP because you are not looking for new windows – but you can’t get a word in. Agency pro’s need to stop the telesales routine, and instead of talking – try listening. The pitch might not be right for that journalist at that point, but something related my work, or that pitch might tie into something that is coming up in a forward feature.
Think ‘time line’ – journalists live by them. And theirs are written in stone. So your client wants to receive results on a certain deadline, but what drives that? If a monthly magazine goes to bed on the 20th of the month, is there really any point pitching a story in that week 13th – 20th? No. The space will already have been taken up. Similarly think of the time line for daily newspapers. Work to the media’s time line. If your client has something else in mind, then manage that client better.
Just think of the media from their point of view. That’s all it takes to build excellent agency/media relationships. And that’s what leads to excellent media results.
Monday, December 29, 2008
The Downturn’s New Rules for Marketers
So I just read an article of the same name that was in The McKinsey Quarterly. It explains (and I’m paraphrasing the 11 pages) how the global recession is changing how cash-strapped marketers have to operate in 2009. A ‘reprioritising’ of geographies, consumer segments, b-2-b opportunities, sales & marketing resources, adverting vehicles etc.
To an extent I agree. A reprioritisation of geographies does seem to make sense. I’m sure we’ll see a number of organisations re-org their staff and budgets when it comes it the never-ending central/disbursed models of marketing. I’ve worked client side both in the central office (using centralised budgets) and out in the dim and distant field (where local budgets were fort over and sometimes even measured). Both have their advantages and disadvantages, but for sure a centralised model will save money (but whether it will produce a greater ROI is a discussion for another time).
I am also in agreement that measurement needs to be stepped up and looked at more closely. The era of “oh, lets just sponsor this event because it sounds like a good idea” is not particularly savvy in this environment.
But here’s the thing. It’s really very simple for marketers to cut their budget and prove an ever increasing ROI. The old ad adage is "I know half of my advertising spend is wasted; I just don't know which half." Sod it. Cut half of it – any half - because that’s where the saving needs to come from. Want to know how to still increase your ROI? Then read on…
A large international client came to our agency recently and said they needed to cut their marketing budget by 75% across the board. Every agency they were working with was getting cut – design, media buying, media monitoring, PR, events, POS etc etc.
Our arguments to NOT cut the PR budget but actually increase it included...
1 – A relatively small dollar decrease in budget significantly reduces the amount of PR coverage obtainable.
2 – Unfortunately PR is not like a water tap that can be turned on and off. It’s easy to loose SOV (share of voice), but takes many months to build it up.
3 – The percentage of marketing budget spent on PR is comparatively small. A smaller percentage saving from the advertising or event budget can save an organisation considerably more money and allow PR (which has a low cost and a high ROI) to flourish.
4 – The reduction of monthly PR retainer of, for example, 25% (lets say from $10,000 to $7,500) is equivalent to the same cost saving of one page print advert a quarter in an average industry magazine.
5 – Strategically speaking, many organisations are about to go through a rough time in the media due to a reduction in sales, profit, a falling share price and reduced workforce. No amount of advertising is going to repair the bad press that job losses will promote – the only way to manage this is going to be PR.
So in a time of economic downturn – cut your advertising by 50% and increase your public relations by 25%. Not only will you greatly reduce your marketing budget (by about 45%), you will also safeguard your brand, increase your ROI and in the long term have greater marketing success.
To an extent I agree. A reprioritisation of geographies does seem to make sense. I’m sure we’ll see a number of organisations re-org their staff and budgets when it comes it the never-ending central/disbursed models of marketing. I’ve worked client side both in the central office (using centralised budgets) and out in the dim and distant field (where local budgets were fort over and sometimes even measured). Both have their advantages and disadvantages, but for sure a centralised model will save money (but whether it will produce a greater ROI is a discussion for another time).
I am also in agreement that measurement needs to be stepped up and looked at more closely. The era of “oh, lets just sponsor this event because it sounds like a good idea” is not particularly savvy in this environment.
But here’s the thing. It’s really very simple for marketers to cut their budget and prove an ever increasing ROI. The old ad adage is "I know half of my advertising spend is wasted; I just don't know which half." Sod it. Cut half of it – any half - because that’s where the saving needs to come from. Want to know how to still increase your ROI? Then read on…
A large international client came to our agency recently and said they needed to cut their marketing budget by 75% across the board. Every agency they were working with was getting cut – design, media buying, media monitoring, PR, events, POS etc etc.
Our arguments to NOT cut the PR budget but actually increase it included...
1 – A relatively small dollar decrease in budget significantly reduces the amount of PR coverage obtainable.
2 – Unfortunately PR is not like a water tap that can be turned on and off. It’s easy to loose SOV (share of voice), but takes many months to build it up.
3 – The percentage of marketing budget spent on PR is comparatively small. A smaller percentage saving from the advertising or event budget can save an organisation considerably more money and allow PR (which has a low cost and a high ROI) to flourish.
4 – The reduction of monthly PR retainer of, for example, 25% (lets say from $10,000 to $7,500) is equivalent to the same cost saving of one page print advert a quarter in an average industry magazine.
5 – Strategically speaking, many organisations are about to go through a rough time in the media due to a reduction in sales, profit, a falling share price and reduced workforce. No amount of advertising is going to repair the bad press that job losses will promote – the only way to manage this is going to be PR.
So in a time of economic downturn – cut your advertising by 50% and increase your public relations by 25%. Not only will you greatly reduce your marketing budget (by about 45%), you will also safeguard your brand, increase your ROI and in the long term have greater marketing success.
Sunday, November 16, 2008
Targeting is the bedrock
Nothing is more important in PR or marketing than getting the targeting right. Understanding who the right audience is and knowing how to reach them is one of the first things to undertake and will be a key factor on how effective and efficient your campaign will be.
So I read with interest an article that talked of the the targeting potential of LinkedIn last week in Advertising Age.
Highlights from the study:
* 30 million current members
* 8.4 million (24 percent) members are senior executives with a mean salary of $104,100
* 1/3 of members are savvy networkers with an average of 61 connections (the overall average is 38) and personal income of more than $90,000
* 21 percent of members are seeking job opportunities
OK, so we all knew LinkedIn members used the site for business reasons -- vs. the more purely social networks such as Facebook or MySpace – but we didn't know exactly who they were.
Now we do.
Certainly a very aspiring group of people and they are neatly grouped so theoretically easier to target. The problem I have now, is how can PR utilize that nugget of information. Sure some can afford to place a banner advert on LinkedIn – but where is the potential for PR?
I don’t have the answer just yet – but think the question is worth considering…. Please do let me know if you think you have an answer.
So I read with interest an article that talked of the the targeting potential of LinkedIn last week in Advertising Age.
Highlights from the study:
* 30 million current members
* 8.4 million (24 percent) members are senior executives with a mean salary of $104,100
* 1/3 of members are savvy networkers with an average of 61 connections (the overall average is 38) and personal income of more than $90,000
* 21 percent of members are seeking job opportunities
OK, so we all knew LinkedIn members used the site for business reasons -- vs. the more purely social networks such as Facebook or MySpace – but we didn't know exactly who they were.
Now we do.
Certainly a very aspiring group of people and they are neatly grouped so theoretically easier to target. The problem I have now, is how can PR utilize that nugget of information. Sure some can afford to place a banner advert on LinkedIn – but where is the potential for PR?
I don’t have the answer just yet – but think the question is worth considering…. Please do let me know if you think you have an answer.
Tuesday, November 11, 2008
Seven rules of crisis management
OK - so first off I am pretty proud that I'm a co-author on the new Crisis Communications book.
‘Crisis Communication: Practical PR Strategies for Reputation Management and Company Survival’ (ISBN: 978-0749454005)
This new book by the publishers Kogan Page is a joint work by 20 international authors - and that's what I think makes it special.
No company or organization is immune to crisis. A crisis, however, does not necessarily have to turn into a PR disaster. Crisis Communications provides readers with advice on how to limit damage by acting quickly and positively. Moreover, it explains how to turn a crisis into an opportunity by communicating efficiently via a successful public relations strategy.
Crisis Communications is a thorough guide to help prepare an organization for unexpected calamities. It provides information on accountability, planning, building corporate image, natural disasters, accidents, financial crises, legal issues, corporate re-organization, food crises, negative press, media training and risk managers.
As I start the publicity for this book, I am being asked to summaries the 200+ pages into 300 words... so here goes...
1. People - The team involved in managing crisis communications should be fully briefed on who will contact who in the event of a crisis, and which method of contact they will use.
2. Roles and tasks - Have a checklist of what role each team member will fulfil during the crisis, and what tasks they are assigned as the crisis breaks, during the crisis and afterwards. Suggested roles include: briefing members of the board; internal communications and keeping staff informed; media relations; media monitoring; and online monitoring.
3. Messages - Work out in advance the key messages you will want to communicate in a crisis. Don’t bother with corporate messages about visions and mission statements – journalists aren’t interested in these. Think about what messages you want to get across about which journalists will realistically write.
4. Draft statements and responses - Having template statements ready prepared can help you turn things around quickly when a crisis breaks. Have background facts and Q&As about the company ready and to hand.
5. Speed - You need speed of response, but also speed of thinking and actions to be in control of the situation, rather than panicking to catch up with the media. You want to run the pace of the story your way and have the -media responding to you, rather than the other way around.
6. Control - Work out how you will take control of the story for each likely scenario. The plan should identify media-trained spokespeople who can talk in a crisis. Have some ready-prepared images available. If you don’t, the media may look elsewhere to fill the gap.
7. Practice - Teams need to be familiar with the crisis comms plan. NettResults recommends crisis training twice a year and a simulation exercise at least once a year.
And if asked to define it in 6 words...
Conflict builds character - crisis defines it.
‘Crisis Communication: Practical PR Strategies for Reputation Management and Company Survival’ (ISBN: 978-0749454005)
This new book by the publishers Kogan Page is a joint work by 20 international authors - and that's what I think makes it special.
No company or organization is immune to crisis. A crisis, however, does not necessarily have to turn into a PR disaster. Crisis Communications provides readers with advice on how to limit damage by acting quickly and positively. Moreover, it explains how to turn a crisis into an opportunity by communicating efficiently via a successful public relations strategy.
Crisis Communications is a thorough guide to help prepare an organization for unexpected calamities. It provides information on accountability, planning, building corporate image, natural disasters, accidents, financial crises, legal issues, corporate re-organization, food crises, negative press, media training and risk managers.
As I start the publicity for this book, I am being asked to summaries the 200+ pages into 300 words... so here goes...
1. People - The team involved in managing crisis communications should be fully briefed on who will contact who in the event of a crisis, and which method of contact they will use.
2. Roles and tasks - Have a checklist of what role each team member will fulfil during the crisis, and what tasks they are assigned as the crisis breaks, during the crisis and afterwards. Suggested roles include: briefing members of the board; internal communications and keeping staff informed; media relations; media monitoring; and online monitoring.
3. Messages - Work out in advance the key messages you will want to communicate in a crisis. Don’t bother with corporate messages about visions and mission statements – journalists aren’t interested in these. Think about what messages you want to get across about which journalists will realistically write.
4. Draft statements and responses - Having template statements ready prepared can help you turn things around quickly when a crisis breaks. Have background facts and Q&As about the company ready and to hand.
5. Speed - You need speed of response, but also speed of thinking and actions to be in control of the situation, rather than panicking to catch up with the media. You want to run the pace of the story your way and have the -media responding to you, rather than the other way around.
6. Control - Work out how you will take control of the story for each likely scenario. The plan should identify media-trained spokespeople who can talk in a crisis. Have some ready-prepared images available. If you don’t, the media may look elsewhere to fill the gap.
7. Practice - Teams need to be familiar with the crisis comms plan. NettResults recommends crisis training twice a year and a simulation exercise at least once a year.
And if asked to define it in 6 words...
Conflict builds character - crisis defines it.
Subscribe to:
Comments (Atom)