SKC Insights

Are you a company or an entrepreneur who's just not at all sure if a PR/Marketing agency can truly help your business? Not sure if it's really worth your time or investment?

Last month, SKC outlined why engaging with a PR firm is smart business. This month, we're diving deeper and exploring how public relations and marketing specialists add strategic value to any endeavor. From counseling management to uncovering your core story to generating investor interest, here are 7 ways we can strengthen your business:

What a difference a year makes! With 2020 in the rearview mirror, is it wise to predict what the next year holds? Our team thinks it’s worth a shot.

While "change” might still be the name of the game, 2021 already looks full of possibilities. As COVID-19 vaccines roll out around the world, the economy bounces back, and there’s a bit more hope in the air, it’s time to recalibrate and adapt your company’s goals and grand plans. We might be a little biased, but we truly believe that now, perhaps more than ever, is the time to partner with a communications agency to be successful in a brave new world.

You might be asking, “but why should I partner with an agency?”

Ahh, we're glad you asked. This is the question that most C-suite executives have to ponder at some point in time. Before we dive into how an agency partner can help with the latest and greatest in the coming year, here are 7 reasons why engaging with a PR firm is smart business in general.

Thanks to technology, it’s much easier to gather marketing data to boost your business. But are you leveraging that data for your company's public relations?

All the little marketing data-points — those you need before a campaign, those you get during one — come together to inform how you can tailor messages to achieve the most efficient effect. Companies that analyze and use their data can see big benefits.

Here are 4 ways to integrate data into your PR to boost your business:

Once upon a time, companies large and small relied on an overwhelming number of tools to market and promote their companies. Marketers were inundated by clumsy spreadsheets, a plethora of e-newsletter programs, separate social media accounts, blog extensions, and analytics tools galore. Then along came marketing automation platforms – HubSpot, Marketo, Infusionsoft etc. – with a unifying automation approach that changed the way we do marketing forever.

Today, many companies are reaping the benefits of martech and marketing automation and their belief in it is evident in their spend, now expected to reach $25.1 billion annually by 2023. This spend translates to coveted lead generation and conversion for many marketers, with 77% stating that they convert more leads with automation. What have these companies gained by leveraging marketing automation? How have their businesses and marketing and PR processes improved?

Here are 5 ways HubSpot and other marketing technologies boost your business.

“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:

“A mind needs books like a sword needs a whetstone, if it is to keep its edge.”

While this quote comes from the pop culture explosion that is Game of Thrones, it doesn’t make it less true, especially when it comes to PR and marketing! Reading the techniques and strategies from seasoned professionals keeps communication skills sharp and inspires new ideas for your business. PR is constantly evolving and there is always something new to learn.

Here are SKC's list of 14 books related to PR that are must-reads for the executive eager to learn.

You’re proud of your startup, and rightly so! Building a startup is no mean feat and you want to share your company with the world. As a new company looking at the giants monopolizing your industry, this can be daunting. But a good dose of PR and marketing can give you the leg up you need.

Even the big guys rely on PR. As Bill Gates said, “If I was down to my last dollar, I’d spend it on public relations.” Not convinced it’ll work for your startup? Just take a look around! Many startups get their foot in the door for new customers and potential investors by leveraging proven public relations and marketing strategies.

Here are 4 examples of how PR changed the lives of these startups for the better:

The press release is approved. Let’s get it across the wire. Let’s not!

This has happened before. You find yourself in a tug of war between newswire advocates and antagonists. Each group insists their way is the only way. The advocates argue that services like Business Wire and PR Newswire offer a broader reach and deliver trustworthy content. But the cynics are up in arms about costs and insist that social media will suffice.

SKC is here to say, wires are wise to use, just not all the time. Definitely, let’s use the wire for big news such as funding rounds and major product launches, but let’s decide on a case-by-case basis on softer news like new hires and award wins.

Here are 6 reasons newswires are still relevant and helpful to companies today:

1. Make Your Release Official

A press release that “has just crossed the wire” with a date and time stamp immediately establishes itself as an “official” announcement, something that a simple release posting on your website can’t accomplish. This simple act provides you with additional gravitas, and if you’re a startup, allows you to begin building much-needed momentum for scaling your business.

2. Broaden Your Reach

Wire services have established and ever-expanding distribution channels with media touch points all over the globe. A wire-distributed release will be picked up by hundreds of portal sites, word for word, helping you broaden its reach beyond just your own company channels.

Are you aspiring to be a thought leader? Being a thought leader may seem intimidating, but it doesn’t have to be. Thought leadership can take many forms, but the most powerful tool in your arsenal is the contributed article. Such an article provides insights and positions you as an expert, without a hint of self-promotion. If you do it well, the benefits are aplenty, including having people seek you out as your industry’s "guru” and knowledge purveyor.

So, let’s get you published! To see your name, story and picture featured in your coveted industry magazine or even business and technology outlets like Entrepreneur and ReadWrite, here are 5 tips to getting your thought leadership articles accepted.

1. Offer Your Unique Point of View

Your point of view is not about your product. It’s your unique, even provocative perspective, informed by your experiences past and present, that are relevant enough to be part of your industry’s conversations and meaningful to your audience. Shawn Guan, CEO of Umbo Computer Vision, watched the artificial intelligence (AI) market evolve over the years and formed a unique insight on how AI will revolutionize video security. His “The Next Evolution” opinion caught the attention of Security Today which published the piece for their audience of security professionals.

Sometimes “bad timing” can be “good timing.”

Conventional wisdom dictates that companies should avoid media pitching and outreach during the holiday season. The belief is that everyone, including consumers, reporters, and editors, is too busy and distracted to hear our story pitches, look at press releases or read news articles. The truth is this is an ideal time. The news cycle is slower, creating content holes for reporters. For companies, the holidays are the perfect time to gift news outlets with story ideas.

Here are 5 tips for getting yourself some coveted coverage during the holiday season: