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Home » 2020 » Archives for August 2020

Archives for August 2020

What is the Difference Between Public Relations and Media Relations?

August 26, 2020 By ECPR Team Leave a Comment

Public Relations vs. Media Relations

If you are a business owner or leader, chances are you have heard of public relations and media relations. These two terms are often thought of as the same thing and may even be used interchangeably. However, while public relations and media relations overlap in certain ways, they possess different meanings and involve different processes and strategies.

For businesses looking to launch a public relations and/or media relations program, it is important to first understand the difference between the two and the ways in which each can benefit your brand or business.

What is Public Relations?

According to the Public Relations Society of America (PRSA), public relations is a strategic communication process that builds mutually beneficial relationships between businesses or organizations and their publics. At its core, it involves interfacing with a company’s key stakeholders and target audiences through various channels to shape the public perception of a business or brand. To do so, public relations specialists help businesses craft and share powerful brand stories and messages, conduct market research, identify industry trends, develop thought leadership, and plan and implement effective public relations campaigns.

What is public relations?

In our professional experience, physical, in-person events are one of the most effective public relations strategies for businesses to increase visibility, share key messages, connect with target audiences, and attain new business. Plus, it provides the opportunity for you to place your company, products or professional services in the public eye and allow consumers to experience them in real-life, real-time environments. A public relations firm can help explore and secure opportunities for your brand or business to get involved in industry or consumer-based events. Whether it is a panel discussion, speaking engagement, book signing, sponsorship, business or product launch, private or public activity, etc., participating in events can promote your brand, product line or service offer, and, furthermore, position your company’s personnel as experts within your industry or field of practice.

However, due to the coronavirus pandemic, most in-person events have been cancelled or postponed until further notice. In the meantime, many businesses have transformed their physical events into digital experiences using online technologies. Virtual events, such as webinars, virtual trade shows, online conferences, and virtual product launches and tours, have become the norm for the time being.

In-person events will eventually return. But, until then, businesses should leverage virtual events and digital opportunities to stay involved, connected and engaged with existing and potential partners, investors, philanthropists, partisans, customers, and clients.

Public relations can involve any number of supplemental strategies and tactics to influence or persuade key contacts to evoke or evolve their ways of thinking, become loyal to a brand, support a cause, make purchasing decisions, or switch from one allegiance to another. How, when and with whom to go about executing public relations campaigns that generate positive results and minimize risks, is a matter of creative and clever planning. An appraisal of intended cause and effect with a seasoned public relations specialist is a wise and preliminary component at the onset.

There are several advantages of public relations. When performed properly, it can build and maintain a positive image and reputation for your brand, generate business leads and sales, and establish a strong online presence, allowing you to further interface and engage with your target audiences. You can learn more about why public relations is essential for businesses in our blog post written May 22nd.

What is Media Relations?

Media relations is an aspect of public relations. At Eberly & Collard Public Relations, we define media relations as a professional activity that generates mutually beneficial associations between public relations specialists or publicists and editors, reporters, journalists, industry or public bloggers and influencers, and other members of the media, with a strategic goal of reaching audiences through newsworthy messages and stories of public or industry interest.

According to the PRSA, the function includes seeking publicity for a business or organization and responding to requests and questions from journalists on behalf of the business or organization. Maintaining up-to-date media lists and a strong knowledge of media audience interests are necessities when it comes to media relations success.

When compared to public relations, which uses multiple channels to communicate key messages, media relations is different in that it only uses one, albeit wide, channel of communication, being the press. Companies use media relations in an effort to secure coverage of their brand’s story, and other business or organizational messages, in the news; this can achieve desirable distribution among and cognizance on the parts of targets. Public relations comprises developing key messages and communicating them to or with stakeholders, such as employees, customers, communities, shareholders, and others in order to build relationships and trust.

Media relations requires managing relationships with relevant and appropriate print, online and broadcast media outlets, and strategically communicating your company’s compelling and newsworthy messages, stories, case-studies, and prudent information. This, in turn, motivates media members to share your company news and content with their readers, listeners, viewers, and followers, providing your brand an opportunity to reach and gain exposure to a larger and often highly coveted audience.

Earned media (or publicity) is a media relations essential. It is achieved or secured editorial content regarding the news, activities, thought leadership, etc. of a business or organization that is published by editors, reporters, journalists, and other members of the media as well as industry or public bloggers and influencers. Simply put, earned media refers to the media coverage you earn through effective media relations and outreach. In a previous blog post, we defined and discussed earned media, and included 5 tips to earn media coverage for your business or brand.

Incorporating a results-oriented media relations strategy into your overall public relations plan can bring many benefits to your business. Doing so builds brand awareness and increases credibility and trust among your publics and target audiences. Enlightening members of the media about your business news focuses upon sound media relations, such that magazine editors, television network or program producers, journalists, and others are compelled to report or comminate it to their audiences. This is one of the most effectual means to gaining third-party endorsements and positive reviews for your business, products or services, which influences and increases the positive behavior and purchasing decisions of existing and potential customers or clients.

What is media relations?

Whether you are just getting started with public relations and media relations or have been implementing them for years, understanding the difference between the two and the ways in which each can benefit your brand or business is essential in order to reach challenging business goals.

From business-to-business (B2B) to business-to-consumer (B2C) brands, the Eberly & Collard Public Relations team prides itself in developing, executing and managing strategic public relations and media relations programs that help our clients achieve measurable results toward their communication, sales and marketing objectives. Please contact us if you are interested in learning more about our creative and comprehensive public relations and media relations services.

Filed Under: Uncategorized

Changing of the Tides: The Rise of the Subscription-based Revenue Model, and what it means for your Brand or Business

August 21, 2020 By ECPR Team Leave a Comment

We are currently living in the era of disruptive innovation. Though this phrase has been attributed to the success of various businesses, people and ideas over the past decade, the idea of disruption has been around for a very long time. And, in some cases, the roots for current disruption have been hiding in plain sight.

Take for example the rise of media companies switching to subscription-based business models from advertising-based models. The idea of subscribing to a form of media, or any product or service, for that matter, is not a new concept. However, magazines and publishing groups across the globe are now using this age-old business model to re-energize their content, engage on a more intimate level with their audiences, and, ultimately, generate recurring revenue.

Subscription-based business model

In our client fields, trade and consumer publications alike are shifting their business structures to better accommodate readers looking for more streamlined, focused content that goes directly to their inboxes or doorsteps. Exclusivity, too, plays a part in assessing the value and the intellectual or social equity that comes with having selected, tailored content for a small fee each month – everyone likes being the smartest person in a room, and paying each month for exclusive content assists them carry this equity with them wherever they go.

It makes all the sense in the world why we have evolved our content delivery preferences to adapt to the current subscription-based world in which we live. After all, millions of people wake up each morning and cook breakfast using groceries they received from Blue Apron or Amazon Fresh; catch up on their preferred cable news programs using Hulu; drive to work with their favorite podcast or music from Spotify; get to work and check out emails from specific industry-based newsletter memberships; and finish the day with streaming-giant Netflix. Sound familiar?

Subscription-based services and media are simply ingrained in our daily lives at this point, and it has been very well documented. Stories about the topic have been examined and re-examined by business and tech publications across the globe, but many of them have failed to address some key questions:

What will this transition imply for brands and businesses still hoping to achieve the benefits of more traditional means of advertising and editorial publicity?

At Eberly & Collard Public Relations, a full-service marketing agency, we continue to advise our clients through strategic ad buys. We are also constantly on the lookout for sound editorial opportunities with publications sold on newsstands and published for free (for the reader, at least) online. Though there has been messaging from top business and tech publications that the failure and demise of advertising is imminent, we would not entirely agree with that sentiment; rather, we expect many publications in the near future to adjust to a hybrid-type model, offering free content with ads and subscription-based content. We also think this formula could be highly beneficial for many types of businesses.

Subscription-based business model

Trends in business tend to be fast spreading, and they often trickle down, so to speak, into other sectors and markets. There are a few subscription-based business model examples that prove this point, like Spotify’s business model. If you would like, you can download the Spotify app for free on your phone, tablet, laptop, etc., and stream music that plays ads every three to four songs. However, you can also create a Spotify Premium subscription account, pay a fee every month, and listen to as much music as you want with zero ads. Not to mention, with Spotify Premium, the user has certain abilities to create exclusive playlists, have tailored music selections generated by Spotify, and more.

You may ask why we are explaining how Spotify works. This revenue model, for businesses whose primary product is content, has found its way to several publications we work with every day. These are publications for which we secure our client’s editorial coverage and buy ads. So, what do we think when one of the most popular and highly regarded consumer interiors publications, Architectural Digest (AD), creates a secondary, subscription-based site, AD PRO?

For starters, we think this is an excellent move by Architectural Digest. And, for our current and future clients in the interior design and residential design products space, what better way to deliver streamlined, exclusive news to a trade audience via AD PRO? Similarly, one can utilize Architectural Digest in tandem with AD PRO to allow consumers to take a look at your newest projects or products by grabbing a print copy of the magazine, with ads, on newsstands. Not to mention, good, subscription-based content from AD PRO can inadvertently generate better content for Architectural Digest and attract new readers to purchase print and read online for free.

The reason being? Subscriptions create a better product. With AD PRO, the editors at Architectural Digest are delivering exclusive, streamlined content and resources without too much outside influence from advertisers. The effect is quality, interesting and insightful content for those who subscribe.

AD PRO’s classification and merit creates an advantageous effect for every Architectural Digest stakeholder, including the advertisers’ content. By paying the yearly or monthly subscription for AD PRO, you are allowing the editors to create high-quality, high-level content at an elevated frequency and accessibility. This, in turn, translates to an increase in the quality of Architectural Digest’s solid content, whether that be free content online, or print content consumers can purchase on newsstands.

Subscription-based business model

Okay, but how does this apply to my business?

Subscription-based content can lead to increased brand trust for your business. It is known that earned, editorial content is trusted at a higher level than advertising content. While this is certainly no revelation of ours, earned media from subscription-based articles comes with a level of trust even higher than traditional editorial coverage. As we mentioned, with subscription-based content providers, you will not necessarily need to worry about competing with advertisers for editorial coverage and space. So, because of this notion, readers have become more inclined to trust stories and news from publications who have switched to, or created, a subscription-based revenue model.

If you are a smaller brand or business with an effective, but small, advertising budget, this transition from advertising-based revenue evens the playing field for securing editorial coverage as well. When vying for page space with a subscription-based publication/website, you will not have to compete with companies who gain editorial traction via large ad buys.

So, how can I begin to take advantage of subscription-based publications or newsletters in my respective industry?

More and more traditional media outlets are making a full or partial transition to the subscription-based revenue model each day. With advertising budgets shrinking as of recent, some publications will need to switch to this model out of necessity. But, the so-called “content machine” is always churning, so despite a lack of ad dollars, do not interpret this shift as publications’ output decreasing.

Publications that can gracefully and successfully make the transition from ad-based revenue will still be hungry for content, and there may even more opportunities for your brand or business to secure editorial coverage. If navigated correctly, this transition, or combination, at least, could end up unlocking endless opportunities for your brand or business to gain exposure and trust alike.

So, start thinking today about how you can leverage this new media landscape to achieve greater exposure to your target audiences. After all, we are living in the “Age of Specialization,” and in many ways the new wave of subscription-based content further cements the notion that more specific, content targeting is one of the most valuable assets a business can have.

If you’d like to learn more about how we’re evolving our advertising strategies to adapt to the rise subscription-based business models in media, and how this game plan could change the ways in which your content is received by target audiences, contact us today.

Filed Under: Eberly and Collard Tagged With: Ad-based revenue, advertising, B2B Social Media, contact us, Instagram, marketing, Public relations, Recurring revenue model, Subscription-based business model, Subscription-based content

How to Optimize Your Google My Business Listing

August 3, 2020 By ECPR Team Leave a Comment

Google My Business Listing

“Best hotels near me”… “Landscape and garden stores close by”… “Top architecture firms in my area”…

You likely are familiar with entering search terms, such as these examples, into Google to find and research local businesses, products or services. The same is true for your customers. According to HubSpot, 46% of all Google searches are seeking local information. To put that in perspective, almost half the time people utilize Google is spent searching for businesses nearby. So, how can you ensure your business appears in local search results?

Enter: Google My Business.

Google My Business (GMB) is a free business listing that can help consumers in your local area find your business on Google Search and Google Maps. It presents them with a summary of key information about your business, including a description, address, phone number, website, photos, reviews, and more. GMB has quickly become an SEO game changer as one of the most powerful tools you can use to strengthen your business’s local online presence and positively influence the purchasing decisions of new and existing customers.

By the way, even if you seek customers and prospects from other cities and states beyond your business’s close physical proximity, you still ought to utilize GMB to help clearly communicate your locale and contact information. GMB is a top means for posting and promoting your phone number, website address, positive reviews, key messaging, images, and more.

Optimizing your GMB listing brings several benefits to your business. When properly optimized, it can improve your ranking in search engine results pages (SERPs) and on Google Maps. With a stronger presence in the SERPs, you have the potential to reach new customers, drive traffic and sales, and increase the visibility of your brand or business.

Here are five steps you can take to optimize your GMB listing.

Step 1: Verify your business.

The first and foremost reason to verify your GMB listing is so you can fully manage your business information in Google Search and Maps. If you don’t verify your business, you won’t have the ability to manage, edit or protect your listing. Another reason why verifying your business is of utmost importance is because, according to Google, verified businesses are twice as likely to be considered reputable by users. When your GMB listing has been confirmed and authorized by Google, your business will appear more trustworthy and rank higher in the SERPs.

There are a few different ways to verify your business on Google, such as by phone or email. However, most businesses verify by mail. The “by mail” verification process involves requesting and receiving a postcard from Google. The postcard will have a verification code that you will need to enter and submit from your GMB account. After entering the verification code, you should review your information, make any final changes, and confirm all details are accurate and up-to-date. Once your business is verified, you can edit and complete your profile, add posts and photos, and respond to reviews.

Step 2: Complete your profile and keep it up-to-date.

Another essential element of a well-optimized GMB listing is a complete profile. You should complete every section in detail and include as much local information about your business as possible. It goes without saying that your business name and description should be completed immediately so searchers can quickly learn who you are and what you have to offer.

Did you know, according to HubSpot, 88% of consumers who search for local businesses on a mobile device either visit or call within 24 hours? Thus, adding your contact information, including street address, phone number, email address, website URL, and hours of operation, should be at the top of your profile checklist. You do not want to miss out on visits or calls from potential customers by simply failing to fill out the contact fields of your profile.

Additionally, you should select your business category and service area, as well as upload your logo and other high-resolution photos. This will allow searches to gain insight into the specific industry in which you work, where your business provides services, and your brand imagery. It is also recommended to enable messaging on your GMB listing. Doing so allows customers to communicate and interact with you, which can result in leads, appointment requests and queries about your products or services.

Completing your profile will improve your local search ranking and increase the number of actions that customers take on your listing. After you complete the priority sections of your profile, you can start thinking about the ongoing aspects, including promotional posts and customer reviews.

Step 3: Create a content posting schedule.

An often-overlooked feature of GMB is the ability to share content about your business via posts with photos and links. There are a few different types of posts you can publish. From business updates to special offers to event promotions, you have the option to choose which type of post will best deliver the message you are trying to convey.

One of the most efficient ways to stay on top of your GMB posting game is to create a content posting schedule. This includes plotting out the dates, determining the topics and writing the content in advance. High-resolution photos and linked call-to-action buttons, such as “learn more,” “sign up” or “order online” are highly recommended. These additions can make your posts stand out and drive customers to your website or other relevant sites you want to call attention to.

It is best to post at least once a week as GMB posts automatically expire after seven days. They will remain archived in your GMB dashboard, but they will no longer appear on your listing or be viewable by the public. So, you should make it a goal to post regularly, keeping live content on your listing whenever possible.

An optimized GMB listing will get your posts in front of relevant searchers, offering them the opportunity to learn more about your business, products or services.

Step 4: Collect and respond to reviews.

Once you have a stronger presence on Google and begin receiving reviews, you should always go the extra mile to respond to each one. Doing so shows your business is engaged and responsive to feedback, which, ultimately, helps build customer trust and loyalty.

You should also encourage your customers to leave product or service reviews on your GMB listing. You can request a review in person, on social media, via e-newsletters, etc. The key is to make the process as simple and accessible for your customers as possible.

  • Pro Tip: The “Get more reviews” widget, which lives in the GMB dashboard, generates a link that you can share with your customers, making it quick and easy for them to review your business on Google. It takes them directly to your listing, a review form pops up, and all they have to do from there is fill it out and submit!

Google My Business Reviews

Research shows that positive reviews make 91% of consumers more likely to use a business, and the average consumer reads 10 reviews before feeling able to trust a local business. Consistent and quality reviews are invaluable. So, don’t be afraid to ask for and, more importantly, respond to customer reviews.

Step 5: Evaluate Google’s upgraded GMB profile promotion.

Google recently rolled out an “upgraded” GMB profile promotion, which adds the Google Guaranteed badge to your profile, for $50 per month. The badge adds an interest factor to business listings on which it appears. So, if you are looking for ways to stand out among your competitors, you may want to evaluate this promotion and keep your eyes peeled for any updates as they become available.

GMB is an essential tool for businesses that want to improve their local search ranking on Google. There are many benefits of an optimized GMB listing. It is one of the best ways to improve your local SEO, increase your online visibility, and provide new and existing customers with valuable information about your business. Contact us to learn more about how we help our clients with search engine optimization and digital marketing.

Filed Under: Uncategorized

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