Do We Still Need Press Releases?

It is a question I get now and then from start-ups (note that it doesn’t happen too often, which probably means that in most of the execs’ minds, press releases are still an important part of their PR tool set). Then, of course, the next question is: how many should we write every month?

While press releases are definitely not as “powerfu”l as they were a few years ago, they are still used by all of our clients. Also some editors still ask for them in order to make a decision of either taking or not taking a vendor call, and some even use them as a starting point for articles, following up with questions while writing it. I advise clients not to spam their Twitter or Facebook  followers with links to their press releases. I see both PR agencies and vendors doing that all the time and I know that it is frustrating to see these coming up in your Twitter stream.

Regarding how many press releases a month a start-up should issue, I say that 1-2 a month – if needed – would probably suffice.  Of course, I advise against sending “fluff” or press releases “made up” when things seem quiet. Things are rarely quiet in a start-up’s life (well, unless they run out of money, and we have seen quite a few of those this year), so instead of focusing on how many press releases they send out, companies should be looking at how many conversations they have been engaging in with editors, analysts, bloggers, and users.

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How Can I Justify PR Expenses to My CEO and Investors?

Most startups will invest in PR, because they know that it is the fastest and most trusted way to send information about a company and its products/services out to the world awaiting to try and buy that product/service. For some though, PR is still an abstract term and they do not know if they need to invest in it. I talk to prospect clients every week, and, from what I have seen in the enterprise space, most startups would benefit from PR. First of all, they don’t have the budget to advertise and the resources to measure ROI from their advertising efforts. PR and social media will generate immediate results and the marketing executives will not be worried that the board of directors will miss that banner or print ad about the company, because each investor has Google Alerts set up on his/her portfolio companies and will see the PR results right away.

Also, as social media is a big piece of the PR strategy these days, it is a quick way to engage in conversations with partners, media, and users. Google Alerts will track your Twitter conversations, showing the executive team and the board of directors that the world is interested in what their company has to say. In a lot of situations – depending on the product they are selling – companies get quality leads from their social media and PR efforts. Somebody took the time to read an article or Twitter post, and is contacting them back. They remember the company, what the product does, and want to know more. That is a hot lead.

Another option some startups consider is hiring somebody in-house to do both PR and Marcom. If the startup is lucky to find somebody with both PR and Marcom experience, who worked in the same industry and has strong relationships with both the media and publishers, it may make sense, but the startup has to be ready to spend more money on the PR tools needed to help the person do his/her job (news monitoring systems, databases of editors, awards and speaking opportunities, etc.). Most startups I know will not do that, because they will end up paying much more than hiring an agency. So, they do exactly that: hire an agency.

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Tweeting on Behalf of Your Company/Employer

By now, most high-tech marketing and PR professionals have figured out Twitter or, at least, have heard of it. We all approached it differently though. I don’t claim to be a social media expert (and a lot of the ones doing so should not), but I am involved in it, I read a lot about it, and I participate in many seminars/webinars covering social media topics. In this post, I will share a few well-researched  and tested steps with you, the startup founder or VP of marketing, or the larger company employee trying to get acquainted with Twitter. 

So, you understand that a corporate presence on Twitter is vital for the company; you sign up and create a corporate account. The problem is that if you don’t have a social media strategy in place and you are not interested in social media (by that, I mean that you do it because it’s “trendy,” or your boss asked you to get involved, but you wouldn’t do it otherwise), you will discover in only a few weeks that your number of followers is not increasing even though your posts are.  Here are a few ideas to create a voice for your corporate account on Twitter and get things going:

1. In your profile, provide basic info about you/your company and add a link to your website, because people are more likely to follow you if they know more about you and/or your company. Use keywords to make your bio appealing to the right people, who will eventually become your followers. If you are the only person behind your Twitter account, sooner or later, the account will acquire your personality, and it’s best that you show more of your professional side, and less of your personal side in your tweets. Your tweeps will know about you as much as you want to share with them. You control your tweets. You can’t control though the way they are shared or interpreted, and, also, keep in mind that vendors have more work to do in order to get people to listen to them, because, oh, well, they are biased. This takes us to #2.

2. Engage in conversations to increase credibility and get your (corporate) name out more. Yes, we know how tempting it is to post links to your own press releases, but, if you are planning to do so, please tweet only major news (by that, I mean, “newsworthy” information). Also, tweeting or retweeting industry news can be a good start. Let’s say that you sell a storage virtualization solution; you may want to tweet links to recent press articles, analyst findings, or partner announcements in this space. Retweet what other people are saying, assuming it’s interesting to you, the business person.

3. Follow the right people. Twitter may seem like a popularity contest, but, for you, it is a marketing tool, which , like any marketing tool, will give you the the best results if you are able to reach your target audience - industry influencers and potential customers or partners - and disseminate the right message to this audience. Search for people in your industry, follow them and some will follow you back. If others don’t, don’t take it personally. Show them you bring value and once you start tweeting more, posting interesting content for the Twitter community, they may start following you.

4. Know how to tweet. Hashtags (so people can find you when searching), keywords (so the right people can find you), referencing people already on Twitter, and adding links that you can later track to see how many people opened them should be part of your tweets. “I am having lunch” is not interesting, but “I am having lunch at #vmworld with @leecaswell of @pivot3inc, talking about #virtualization in #surveillance implementations and LINK TO ARTICLE” may be for some.

5. Nothing confidential should make it on Twitter. Share only public info, so please keep the roadmap or the next press release to yourself.

6. Promote your Twitter account. Have links on your website, in your newsletter, and maybe in your email signature. I have also seen it on business cards lately. Talk to people about being on Twitter. Attend tweetups if you want to go a step further.

Keep tweeting.

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