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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Topics: Thought Leadership, Content Marketing, Inbound Marketing, Publicity, Outsourcing, Trust, Reputation, Media, Growing Business, Digital Marketing, Public Relations, Social Media Monitoring, Startup PR, PR reasons, Why PR

5 Ways to Turn Publicity Into Profits

It is remarkable how publicity -- high-profile media coverage, speaking opportunities, and awards --- leads to bigger share of mind, and a bigger piece of the market. Public relations builds buzz and triggers people to talk about you in ways that you can never buy through advertising. But once you get the publicity, how do you really make money from it?

Here are 5 ways to turn publicity into profits:

1. Shout it on Your Turf

Your company and insightful quotes from your CTO have just been included in a cover story in your most coveted industry media outlet -- one all your prospective customers read. Wait. They have given you an award too! Besides popping the champagne and doing the victory dance with your colleagues, what else should you do? Well, let's make sure you shout it! Broadcast it to everyone at the office, frame the media coverage, decorate your lobby with plaques and awards, bind the stories into books, and display them prominently -- lobbies, conference rooms, and office walls. Open your treasure chest and let your credentials shine loud and clear.

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Topics: Publicity, Reputation, Growing Business, Public Relations

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