Introduction
Most people have heard about the power of PR, but many are still unsure about the benefits it can bring. This simple guide will show why PR can transform the fortunes of any business, large or small.
The reason why PR is one of the world's fastest growing industries is because it works. All research shows successful PR campaigns are much more effective than advertising and many other marketing techniques, and usually for a much smaller investment.
PR is about building reputations; furthermore it is about enhancing and protecting those reputations. PR spreads messages about your organisation and what it does. It can be used to raise the profile of a new product, to gain the trust of the public or patients or to increase awareness and understanding between key stakeholders and other interested parties, most notably potential new customers.
Just as importantly, PR can be used to counter-act negative publicity, misunderstanding or criticism, in some cases it can even serve to avert the pre-mentioned scenarios.
Commissioning a PR professional will ensure your messages are seen where you need them to be seen, helping you to achieve your key organisational aims and objectives and ultimately profits.
The power of PR
The media is the most powerful developer of reputations. Coverage in the media will shape the way your customers perceive you. The media has no competitor in this respect. Put simply, if you want people to believe in you, make sure the press believes in you first.
Whether you’re a brand new company, or launching a new product, or an established player trying to challenge the monopoly of market leaders, media endorsement can make or break your business objectives.
PR versus advertising
When it comes to comparing powerful advertising and a successful PR campaign, there’s only one winner. Editorial endorsement is the greatest stimulant a business can experience. Ask any successful business what the X-factor in marketing is, and they’ll tell you: “X = PR”.
Whether its through TV or radio coverage or column inches the neutral independent sanction of the press is far more powerful than any paid for advertisement or word of mouth recommendation. An editorial is the ultimate advert.
PR consultants make certain that your company and its messages are communicated to the media in the most effective way, ensuring not only that the journalist covers you, but also that the coverage reflects you in the best possible light.
PR is a far more cost-effective tool than advertising. One positive endorsement in a high circulation title or in several smaller publications can raise profile wider than any other marketing technique. If you’re a trade operation, positive coverage can stimulate direct enquiries, and will make your business targets more responsive to your sales and marketing campaigns.
The benefits of PR
Over a period of time good PR strategies will enhance and protect the reputation of your organisation and its services and products. A good reputation means people are more likely to:
· Have confidence in your services or products
· Purchase or use your services or products
· Be persuaded by your messages
· Be supportive of your aims and objectives
· To recommend others
· To take you seriously and respect your views
· Remain loyal to you
However, PR activities and press coverage doesn’t just stoke sales, it develops market-wide interest in your business and brand.
For example it will provide senior staff with access to speaker opportunities and to influential, decision-making bodies and networking groups.
Newspapers, conference organisers and other media and marketing channels are constantly on the lookout for experts, either for speaker platforms or to join panels, think tanks or other types of event. Press coverage helps position businesses and organisaitions as expert leaders in their fields, often leading to them being invited to participate in various events.
Substantial media coverage can also help to keep staff motivated and committed as it communicates the company is going places and is on the move. Just as importantly, press coverage often stimulates interest from prospective employees. Companies often witness an increase in hits on the recruitment section of their website – and the arrival of new CVs - immediately after coverage appears.
Due to the ever expanding digital age PR is spanning wider than it has been possible through the traditional media. Social media and blogging sites, chat rooms, websites, emails, podcasts and various other digital and online platforms allows businesses to spread their key messages to a global audience.
PR is also one of the most effective weapons in SEO (Search Engine Optimisation) on search engines, and is proving to be one of the most effective resources in helping companies command the highest possible rankings, hence driving significant traffic flows to their website.
Conclusion
Public relations offers several advantages not found with other promotional options. Audiences view media outlets as independent sources. Therefore a positive story about a service or product in the business section of a local newspaper will have a far greater impact on readers than a full-page advertisement as it will be viewed by the readers as a huge endorsement.
Also, depending on the media outlet, a story mentioning a company may be picked up by a large number of additional media, thus, spreading a single story to many locations.
Of course Public Relations (PR) isn’t just about securing coverage in the media. A host of other tried and tested PR techniques can be used to spread powerful and productive messages. Print and email newsletters, information brochures, flyers, posters, presentations, speeches and stakeholder events are just some of the other PR routes available.
Finally, in many cases public relations objectives can be achieved at favourable cost when compared to other promotional efforts.
Coming soon: The press release is not dead!
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