pr in a down economy

1
Phone: 450.370.8357 Fax: 450.264.8284 E-mail: [email protected] Alba Public Relations P.O. Box 1983 Huntingdon, Quebec J0S 1H0 HOW PUBLIC RELATIONS CAN ADD VALUE TO YOUR BUSINESS IN A DOWN ECONOMY There are few things that business owners feel their company can do without: management, accounting, human resources. The first department most often downsized in a softening economy is the marketing department with the company opting to skate on current or previous marketing cam- paigns until things pick up. While it is true that it’s difficult to op- erate a company without management and accountants, it is likewise fool- hardy to think that you do not need to consistently communicate with your target audiences—your buyers. Public relations involve on-going activi- ties to ensure that a company main- tains a strong and positive image. PR is designed with target publics in mind, helping them understand the com- pany, services and products. While the ideal situation is to integrate advertising (marketing) and public rela- tions strategies, public relations alone can bring great value to the table: In an uncertain economy con- sumers’ reluctance to purchase products and services means your company will benefit from providing more in-depth infor- mation by using media rela- tions, articles, social media opportunities and even promo- tional events and campaigns. There’s a reason ’tradition’ has become tradition: it works. This means that traditional media (ie: newspapers, magazines) remain tried and true, cost- effective methods to keep in touch with your target clientele. News releases, op-ed pieces, and bylined articles are some of the PR tools that can be em- ployed to get your company in the news. Public relations efforts can quickly seize upon an opportu- nity—crucial in a competitive business environment. News releases can be drafted within hours and podcasts can be pro- duced practically overnight. PR can build mass media and/or marketing campaigns that per- meate multiple channels in this age of digital media prolifera- tion simultaneously ensuring the information presented to consumers is transparent, timely and informative. You can still save money as you look to cut corners: hire a PR freelancer! Experienced copy- writers, designers or consult- ants can be outsourced. Business owners will further benefit from PR practitioners’ existing relationships with media, government, special interest groups or other influ- ential sources. PR practitioners are re- nowned for their creative approach. They can also lev- erage your company’s inter- nal creativity into something tangible with their experi- enced project ’tweaking’. PR activities are measurable, contrary to popular belief. Media Relations Points (MPR) and media monitoring software are two popular options. Perhaps the greatest value public relations can offer is that PR campaigns can be developed and used over the long-term or be imple- mented on and off at key times. By strategically using public rela- tions methods and tools you can continue to deliver your key mes- sages to your target audiences even when your budget is restricted. © 2009—Alba Public Relations

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Page 1: PR In A Down Economy

Phone: 450.370.8357

Fax: 450.264.8284

E-mail: [email protected]

Alba Public Relations

P.O. Box 1983

Huntingdon, Quebec

J0S 1H0

HOW PUBLIC RELATIONS CAN ADD VALUE TO YOUR

BUSINESS IN A DOWN ECONOMY

There are few things that business

owners feel their company can do

without: management, accounting,

human resources. The first department

most often downsized in a softening

economy is the marketing department

with the company opting to skate on

current or previous marketing cam-

paigns until things pick up.

While it is true that it’s difficult to op-

erate a company without management

and accountants, it is likewise fool-

hardy to think that you do not need to

consistently communicate with your

target audiences—your buyers.

Public relations involve on-going activi-

ties to ensure that a company main-

tains a strong and positive image. PR is

designed with target publics in mind,

helping them understand the com-

pany, services and products.

While the ideal situation is to integrate

advertising (marketing) and public rela-

tions strategies, public relations alone

can bring great value to the table:

• In an uncertain economy con-

sumers’ reluctance to purchase

products and services means

your company will benefit from

providing more in-depth infor-

mation by using media rela-

tions, articles, social media

opportunities and even promo-

tional events and campaigns.

• There’s a reason ’tradition’ has

become tradition: it works. This

means that traditional media

(ie: newspapers, magazines)

remain tried and true, cost-

effective methods to keep in

touch with your target clientele.

News releases, op-ed pieces,

and bylined articles are some of

the PR tools that can be em-

ployed to get your company in

the news.

• Public relations efforts can

quickly seize upon an opportu-

nity—crucial in a competitive

business environment. News

releases can be drafted within

hours and podcasts can be pro-

duced practically overnight.

• PR can build mass media and/or

marketing campaigns that per-

meate multiple channels in this

age of digital media prolifera-

tion simultaneously ensuring

the information presented to

consumers is transparent,

timely and informative.

• You can still save money as you

look to cut corners: hire a PR

freelancer! Experienced copy-

writers, designers or consult-

ants can be outsourced.

Business owners will further

benefit from PR practitioners’

existing relationships with

media, government, special

interest groups or other influ-

ential sources.

• PR practitioners are re-

nowned for their creative

approach. They can also lev-

erage your company’s inter-

nal creativity into something

tangible with their experi-

enced project ’tweaking’.

• PR activities are measurable,

contrary to popular belief.

Media Relations Points

(MPR) and media monitoring

software are two popular

options.

• Perhaps the greatest value

public relations can offer is

that PR campaigns can be

developed and used over the

long-term or be imple-

mented on and off at key

times.

By strategically using public rela-

tions methods and tools you can

continue to deliver your key mes-

sages to your target audiences even

when your budget is restricted.

© 2009—Alba Public Relations