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![]() July 2007, Vol. 2 |
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PR 101: Back to BasicsAccording to the Public Relations Society of America, “Public relations helps an organization and its publics adapt mutually to each other.” But what does that really mean? Let’s explore who needs PR, what its limitations are and how (and when) PR can benefit your team and your company. What is PR? Activities often included in a PR program or menu of services range from media relations and press releases to financial communications, industry speaking opportunities and awards, as well as corporate and executive messaging, background, Q&A or issue response materials. The communications focus of PR activity in general requires PR resources to know a client’s company and offerings well enough to emphasize the strengths and capitalize on and sometimes create opportunities that bring positive attention to the organization. Who needs PR? While some large corporations have in-house departments devoted to corporate or even product- or market-specific PR, smaller businesses or business units may not have internal resources available. In fact, some may be hesitant to invest in outside PR counsel due to uncertainty or inexperience about PR objectives, budgeting, reasonable value or even reliable measurement of results or ROI. So, it is important to understand the limitations and possibilities of PR to determine whether your organization is at a point where the investment makes good business sense. What does PR do (and not do)? PR alone does not build brand awareness, but it is a critical and timely element of an integrated marketing communications program. More effective marketing strategies exist solely for building awareness – advertising, special events, direct mail, paid sponsorships and product placement, for example. However, in the process of creating exposure and establishing context for your company’s value, PR builds credibility by way of third-party validation, which is something “pay-for-play” marketing programs cannot achieve. Today’s PR is not self-serving or limited in its reach – it’s not merely finding attention for talking heads or “creating news.” Strategic PR is about earning a reliable reputation with every stakeholder your company may have: employees and candidates, communities, government, customers and prospects, vendors and partners, media, industry and financial analysts and stockholders. What can PR do for you? “Reactive” public relations prepares a company to deal with the public and the media in the event of a crisis. This is a crucial aspect of PR – one that we hope you never need – but not the only one available for managing a company’s image and market perception. A strategic, proactive approach that leverages corporate expertise, industry opinion and current news and events can be closely integrated with advertising, direct mail and other marketing elements to provide even more exposure and coverage. More than just writing a press release and distributing it on the newswire, successful public relations is dependent upon building and maintaining relationships – with a clear understanding of how the various elements work together and support your goals. The various elements of public relations may be used in any appropriate combination for an organization, company or individual – most companies vary their programs quarterly according to marketing objectives:
Hiring a firm to create and execute a PR marketing strategy is one of the best investments a company can make because PR can positively impact a company’s bottom line. Without it, you can’t be sure that your audiences know who your company is or what services you provide, or what your industry needs to know about those services. |
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Michael & Partners
16775 Addison Rd, Ste 550 Addison, Texas 75001 972.716.0500 www.michaelpartners.com |