SKC Insights

 

 

Overwhelmed No More – PR & Marketing in 2 Steps

It’s 3 in the morning. You’re wide awake and your mind is besieged. Your competitor just sent out a new funding press release. How do you match that? Why is it so hard to reach the right investors? The right customers? Your team throws ideas at you. Dazzle with 3D presentations. We better be everywhere – on TV, on TechCrunch, on Facebook, LinkedIn, at tradeshows, everywhere! And don’t forget blogs, white papers, case studies, and email campaigns! And on and on and on.

It’s now 4am and sleep eludes you. You’re overwhelmed. Why are PR and marketing such enigmas? You know you need it to truly grow and attract investors and customers. But how? Where do you start? To think you once thought asking Rita to the prom was the toughest thing you ever did.

Sure, PR and marketing may feel daunting. But we’re here to say it doesn’t have to be. Take a deep breath, let go of everything you think you have to do. Instead, focus on just two steps that will make all the difference: First, build your foundation, and second, build your house.

This is what we mean:

1. Build Your Foundation, aka Build Your Story

A solid foundation ensures your company stands strong while forces around you wreak havoc. The secret to PR/marketing success boils down to this: know thyself. Who are you? Who should care? What can you offer?

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5 Reasons Why You Should Care More About PR & Marketing

“Because the purpose of business is to create a customer, the business enterprise has two -- and only two -- basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.” – Peter Drucker

For far too many companies today, the main focus is on engineering and product development. This laser focus bodes well for creating breakthrough innovations. And while these products may indeed change the world as we know it, without marketing and PR, no one will ever know about them. This gives companies with better PR and marketing, but not necessarily better products, a competitive edge.

If you’re not convinced, here are 5 reasons why you should care more about PR and marketing:

1. Stand Out or Fade Out

First up is the debilitating syndrome called “failure to communicate.” Many companies hunker down and release seriously powerful products that surpass their competitors — something that would really make them stand out – but blow it because they do not communicate their message in clear, concise and compelling fashion. They simply bleed to death through their failure to market themselves and their products. Many companies sell razors, but Dollar Shave Club stands out in a crowded market with a clear, concise and compelling message—“An Amazing Shave for a Few Bucks.” Stand out, don’t fade out.

2. Establish Your Industry Leadership or Someone Else Will

Have you ever seen a keynote speaker and wonder what they have that you don’t? You have more experience or have made bigger strides in your industry, so why weren’t you invited on stage? Chances are these speakers are seen as industry/thought leaders. When computers were just giant machines in building basements, consider Bill Gates’ and his vision to “have a computer in every home.” Elon Musk’s promise that “we will not stop until every car is electric” pivoted the world in profound ways. Both had established thought leadership in their industries. A good thought leadership program—with speaking opportunities, contributed articles, guest posts etc.—can go a long way to getting you that keynote role, and to paving the way for your company and products to dominate your industry.

3. Earn Credibility, or Risk Skepticism

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Are Press Releases Still Relevant Today?

The press release is dead. Long live the press release!

The debate as to whether the press release is a relic of the past (the first one was sent over 100 years ago), or still a relevant tool today has been raging for the past few years. No one reads them, they don’t get “picked up,” and SEO value is limited these days, say the press release naysayers. But we’re here to tell you, don’t rule them out entirely. And while at times another tactic will work better, they do fulfill some very useful PR purposes.

Here are 6 reasons to keep press releases in your PR toolbox:

1. Releases are Trustworthy

The release is a go-to source for reliable information -- it's information direct from the horse's mouth, so to speak. And when well-written, it provides consistent, factual messaging for the company to get out to its audience.

2. Attracts Visual Interest

The press release of yesterday was a block of text with little to catch the eye. But not anymore. Now a release can provide excellent content, and also be a host for images, videos, and other multimedia to add value to your news. Editors love an attention-grabbing picture. 

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14 Reasons Why Companies Embrace PR

When Steve Jobs received his first big investment for the Apple – $250,000 from angel investor Mark Markkula — it was meant for the development of the new Apple II product, the first major Apple product to hit the masses. However, before he started investing in new hardware, Jobs hired the best PR professional in Silicon Valley, Regis McKenna. Jobs knew before he could focus on building the products that would launch his company that he needed to have a PR plan in place.

Jobs embraced PR, and so do Richard Branson and Bill Gates. How about you? In fact, Gates once said, “If I was down to my last dollar, I’d spend it on public relations.” And these business titans aren’t alone in their fervent faith in PR. Many executives from companies feel the same.

Here are 14 reasons why:

 

1. Master Your Message

If you don't tell your story, others will tell it for you. Avoid negative or misleading press by presenting the best version of yourself with public relations.

2. Differentiate Yourself

With so many products and services out there now, it is far too easy for customers to get overwhelmed. Good PR programs can make you stand out from the pack. As Seth Godin says, “People do not buy goods and services. They buy relations, stories and magic.”

3. Create Buzz (and Adoration)

Do you have a product coming out? Start building that fan and customer base by influencing the influencers. Stoke that excitement with social media, bloggers, journalists, grant interviews, offer reviews and you’ll see awareness evolve to adoration.

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