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Competing with the Big Boys
Kim Stoddart, managing director of Blue Rocket Group, examines how public relations can help small companies compete with their larger counterparts.
If you are not a well-known brand, it can be very difficult persuading potential clients and customers to use your company. After all, why would anyone want to use your product or services when there are already established brands out there that they can use instead? If you are a small business trying to compete with bigger companies, you need to make people believe in what you do.
This is where a high profile press campaign can help. If a journalist writes about your company they are instantly validating the business, product or service that is being written about.
The public takes its lead from newspaper and magazine articles. They respect the journalists and publications that provide them with information. The fact that a journalist has chosen to write about your company, markets you in a way that is far more effective than advertising. Anyone can advertise if they have the budget, but for press coverage about your company to appear, a journalist has had to decide that your business is worth writing about. This is why PR has up to ten times the value of advertising. When you consider that the cost of a full-page advert in The Sunday Times is in the region of £56,000, the value of effective public relations cannot be underestimated by any business.
Standing out from the crowd
Press coverage will help your company to stand out from the crowd. An effective PR campaign will have to be designed to meet your business requirements. So if you are launching a new product or business, these articles will help create a well-needed buzz amongst potential customers. Press coverage can also help established companies to grow, building their profile and attracting new customers.
Companies can use press coverage to cement existing relationships with customers, clients or investors. Many of our clients display their press coverage on their websites or in their newsletters, as this helps build confidence in their brand. PR can also help with staff retention and recruitment. People are more likely to stay with a firm - or join a firm - that has a positive future.
But if you are not a well-known brand – how do you get journalists to write about you?
More than 60% of newspaper journalism is now PR driven and journalists are always looking for content. If you can provide the right journalists with the right stories and ideas, they will feature your company.
The importance of being targeted
The days of press release driven PR are over. Instead it is important that your activity is very focused, targeting the publications and pages that your potential clients or customers are likely to read. Take time to get to know these sections of the press, become familiar with their needs, and only offer ideas and news that is relevent to them. This specifically targeted way...
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