Signing out of account, Standby…
Yes. There is something newsworthy about every business!
Public relations (PR) is key to any successful business’s marketing and communications strategy. There are many great benefits to paid advertising, but where paid advertising lacks, public relations makes up for it. Public relations creates trust and reliability with the consumer, turning them into loyal customers. It is essential to understand what PR is and how you can execute effective campaigns affordably.
Here are some things to consider when building your company’s reputation effectively.
Related: 7 Must-Know Public Relations Strategies for 2022
Public relations is how companies can best connect with their target audience. According to The Public Relations Society of America (PRSA), “Public relations is a strategic communication process that builds mutually beneficial relationships between organizations and their publics.”
In today’s public relations world, specialists focus on conducting research and campaigns that target both traditional and digital media. They work to create and maintain symbiotic relationships with the press to help make your company a valuable and reliable source for information as well as a voice to be followed on social media.
On the digital front, it is more important than ever for companies to communicate with the younger generation through social media over traditional forms of media that have been used in the past. Instead of emailing press releases, companies must adapt to the new realm of social media and find creative ways to share their story and product. Social media allows everyone to convey their beliefs to a broad online audience; developing that relationship with the target audience is imperative to creating a lasting impression on the internet.
Your reputation can make or break you. How others view your company, primarily your target audience, will determine how successful your company is. If your business’s reputation is positive, it is much more likely that your business will have opportunities to grow. At the same time, a negative perception of your company will more likely result in fewer sales, fewer investors and less success. The goal of public relations is to create and maintain that reputation.
The importance of public relations does not stop there, as it is also an excellent example of earned media. This is when your business is granted coverage in a story or on the news for being noteworthy without paying for it. Your business was impressive enough to earn that kind of coverage means more than a paid advertisement and builds trust with consumers. Building solid relationships with media outlets could prove extremely valuable to your company.
Related: 5 Ways to Get Media Coverage as a Startup
No matter the size of your business, acquiring news coverage is possible. There are many ways that news media outlets decide on what they want to cover. The best way to truly determine newsworthiness is to take a step back and view your business objectively to understand what everyone on the outside believes about your business.
The following is a list of some of the elements that help in making a story newsworthy:
There are topics that businesses can use to gain coverage that fits within these parameters. Instances like important milestones, someone important retiring or getting promoted, new products, services, or new location openings are all great examples of angles to cover that fit well within the newsworthy parameters.
While good PR can’t be bought, the work necessary for a successful campaign can become expensive. Fortunately, efficient and affordable options exist to develop your company’s reputation and create relationships.
Share stories. Write industry-specific articles for the company blog, LinkedIn and other online sources. The art of storytelling is most valuable in today’s marketing. Publications buy stories, not products. You will gain traction and give your company the desired coverage by crafting a story that people can connect with. Even taking an existing news story and adding an exciting and relevant twist could create more press for your company as an additional news source. Determining current trends could also be important in creating relevant content. Social media is also handy for breaking the wall between your company and the public. Create hashtags on social media to promote your story and your company.
While a good reputation through public relations may not be the main driving force of online activity or sales, maintaining a positive perception of your company can heavily impact the success of your marketing strategies and your company.
Related: The Relationship Between Reputation and Brand
‘Corporate America Is Killing Us.’ Employees Share Gut-Wrenching Stories That Reveal a Compassion Crisis.
Planning a Company Offsite? Here’s How to Ensure It’s Inclusive.
The ‘Lipstick Effect’ Exposes a Surprising Truth About Our Priorities in a Recession. Here’s How Businesses Can Cash In.
‘I’m Not Going to Change the World by Myself, But I Can Start’: How UOMA Beauty’s Founder Merges Activism and Makeup to Fight for Change
How to Overcome Adversity and Persevere as an Entrepreneur
Peek Inside the Bentley Residences, Which Feature an Elevator That Will Drop Your Car Into Your Living Room
How to Start an Urban Air Franchise in 2022
Jonathan Small
Jonathan Small
R.L. Adams
Subscribe to our Newsletter
The latest news, articles, and resources sent to your inbox.
I understand that the data I am submitting will be used to provide me with the above-described products and/or services and communications in connection therewith.
Read our privacy policy for more information.
Copyright © 2022 Entrepreneur Media, Inc. All rights reserved.
Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media Inc.
Successfully copied link