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Building the Buzz

Leveraging PR to Build a Name and Generate
        Attention for Your Business
                May 6, 2009
The Value of PR

Highly credible
“Free” marketing – lower cost than traditional marketing
methods (online campaigns, tradeshows)
Gains momentum the more you do (flywheel)
Offers you an opportunity to grow closer to customers
(and their stories)
Tuned for start ups – stories are around disruptive
technologies, companies breaking out/breaking through,
financing rounds, M&A
The Circle of Influence


              Industry
              Analysts

                                       Leverage your entire influence
                                       network to build business
Customers                 Investors
                                       awareness
                                       Influencers are cross
             Your                      referential – you need to
             Story                     connect the dots
                                       “Fly wheel” type momentum
Technology
                         Blogosphere
   Press




              Business
               Press
Media Players & Coverage Opportunities


Technology Press                   Business Press
  eWeek, Computerworld,              Globe and Mail, New York
  InformationWeek, Java              Times, CTV News, Canadian
  Developers Journal, Backbone       Business, Fortune, Time
  Magazine, etc                      News coverage, profiles,
  News coverage, feature             feature coverage, expert
  articles, submitted editorial,     commentary
  column mentions, product           Target with major business
  reviews                            news – M&A, financing,
  Moving almost exclusively          business profile pieces, highly
  online                             strategic partnerships or large
                                     dollar value transactions
  Part of a network
Media Players & Coverage Opportunities


Industry Press                     Blogosphere
  Renewable Energy World,           Most technology magazines
  Gambling Times, Insurance         have associated blogs,
  Journal, Broadcaster Magazine     independent bloggers
  Feature articles, submitted       News coverage, profiles,
  editorial, customer case          feature coverage, expert
  studies                           commentary
  Hungry for content & receptive    Google blog search
  Very targeted                     Highly influential
Industry Analysts


Why Consider?                             Firms
 ...Like PR too                             There is an analyst for any
                                            industry/any discipline
 Are influenced by evidence of
 momentum                                   Target by asking your customers: who
                                            influences your decisions?
 Pundits – may inject conflict,
                                             o   Compass Intelligence
 dissention
                                             o   Gartner
 Champion of the small and scrappy           o   Forrester
 Highly influential with IT buyers           o   AMR
                                             o   IDC
 Look for boutiques in your space –
                                             o   Yankee Group
 may not be the traditional firms
                                             o   Butler Group
 Very expensive to become a client, but      o   Screen Digest
 will accept briefings                       o   Sdi
                                             o   Directory of firms:
 Can purchase research a la carte
                                                 http://analystfirms.tekrati.com/
 Can commission research – great PR
 angle
Coverage Recipe
Product Reviews

Detailed examination of hardware, software product or
device
Traditional methods – PC Magazine, eWeek, InfoWorld
Reviewers guides, assigned support/mentorship

But don’t be limited to traditional product review
channels – you can manufacture your own opportunity
 o Explore communities/blogosphere/consultants
 o Think YouTube...
So Do You Have a Story…Or Not?

The Pitch: what makes you different, fresh, new or unusual? How does
your business/technology map to marketplace trends/phenomena? What is
your angle (or angles)? P.S. keep it short, punchy and relevant.




        The Target: Define and research your target. Who are the editors, bloggers,
        reporters and columnists covering your sector and competitors and what are
        they writing about? What is the line up in the magazine’s editorial calendar?
        What are some resources you can use to find and target these individuals?




                 The Ingredients: What are the key story elements you need to provide?
                 Customer references; third party research/testimony; protagonist/antagonist,
                 conflict, executive interview; photographs; screenshots; background
                 information, plant/facility tours – the more complete the package, the easier
                 it is for the editor to say yes
Medium & Method of Communication
                                             Press Release:
                                          Inverted pyramid style
                                            Two pages ideally
                                              One time effect
                                       Typically issued via newswire
                                        supported by “call downs”
                                          Targeted distribution!
                                        Press release ≠ coverage
                                           Press release = SEO




        Personal Outreach:
          Short, to the point
           Be provocative
   Cultivate sustained relationships
          Do your homework
         Become a resource
     Virtual world – face to face
        opportunities are rare
         Telephone briefings
Other Tactics

Competitive sideswipe
Meetings/briefings at tradeshows/events
Columnist campaigns
Thought leadership – speaking engagements, panel
presentations
Product and business awards/recognition – Deloitte Fast
50, E&Y Entrepreneur of the Year, Top 40 Under 40
Twittering
Going the “Agency Route” – Pros and Cons


Pros                                Cons
  Rich network of editorial          Expensive, typically retainer
  contacts                           driven
  Creative perspective – story       Pitch by the senior, execution
  telling ability                    by the junior
  Sustained activity “steady beat    Don’t “own” the relationship
  of the drum.”                      with journalists
  Polish & expertise                 No guarantees of ROI
  Access to tools – media
  directories, newswire services
  and can leverage costs across
  base of clients
  Perceived value – may be
  important to your angel or VC
How to Measure Success


Direct                       Indirect
  Column inches in story       Natural search engine
                               rankings
  Number of
                               o Press releases
  references/stories
                               o “Good links”
  Number of
                               New customers “I read
  briefings/interviews and
                               about you guys”
  press meetings
Leverage

Coverage and press release are just point in time stories
and press releases unless...
 o Showcase on your web site – “good links” for SEO
 o Send to prospects customers, partners, investors
 o Include in your newsletter
 o Draw out quotes for use on web site and in collateral
 o And don’t forget to send to mom...
Help! There’s a Journalist on the Line..
When a journalist calls:
 o Take down the reporter’s name, media affiliation and story
    deadline
 o Don’t feel compelled to react right away – buy yourself some
    time, but do respect the reporter’s deadline
 o Ask about the story – what is the angle, who else are they
    talking to, when will the story run
Prior to the interview:
 o Develop some key messages – what do you want to say? Don’t
    be afraid to seek out assistance from your PR advisor
Remember:
 o Everything you say is “on the record”
Just a bit about me…

Creative marketing advice and leadership to the high
technology sector
Marketing/PR chameleon – broad skill set
15 years at MKS – progressing from PR to VP Marketing
Record of PR coverage: Computerworld, Information
Week, JDJ, Application Development Trends, Backbone,
G&M, BNN, National Post, KW Record and on…
Joined Ignition in June 2008 – specialization in high tech
Bachelor of PR from MSVU, Accredited through Canadian
Public Relations Society
Give me a call 519-624-2402 or email me
ellyn@ignition.ca
Let’s Trouble Shoot

Questions?
PR challenges?
How do I get from here to there?

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Microsoft Power Point Ignition Pr For Start Ups Workshop

  • 1. Building the Buzz Leveraging PR to Build a Name and Generate Attention for Your Business May 6, 2009
  • 2. The Value of PR Highly credible “Free” marketing – lower cost than traditional marketing methods (online campaigns, tradeshows) Gains momentum the more you do (flywheel) Offers you an opportunity to grow closer to customers (and their stories) Tuned for start ups – stories are around disruptive technologies, companies breaking out/breaking through, financing rounds, M&A
  • 3. The Circle of Influence Industry Analysts Leverage your entire influence network to build business Customers Investors awareness Influencers are cross Your referential – you need to Story connect the dots “Fly wheel” type momentum Technology Blogosphere Press Business Press
  • 4. Media Players & Coverage Opportunities Technology Press Business Press eWeek, Computerworld, Globe and Mail, New York InformationWeek, Java Times, CTV News, Canadian Developers Journal, Backbone Business, Fortune, Time Magazine, etc News coverage, profiles, News coverage, feature feature coverage, expert articles, submitted editorial, commentary column mentions, product Target with major business reviews news – M&A, financing, Moving almost exclusively business profile pieces, highly online strategic partnerships or large dollar value transactions Part of a network
  • 5. Media Players & Coverage Opportunities Industry Press Blogosphere Renewable Energy World, Most technology magazines Gambling Times, Insurance have associated blogs, Journal, Broadcaster Magazine independent bloggers Feature articles, submitted News coverage, profiles, editorial, customer case feature coverage, expert studies commentary Hungry for content & receptive Google blog search Very targeted Highly influential
  • 6. Industry Analysts Why Consider? Firms ...Like PR too There is an analyst for any industry/any discipline Are influenced by evidence of momentum Target by asking your customers: who influences your decisions? Pundits – may inject conflict, o Compass Intelligence dissention o Gartner Champion of the small and scrappy o Forrester Highly influential with IT buyers o AMR o IDC Look for boutiques in your space – o Yankee Group may not be the traditional firms o Butler Group Very expensive to become a client, but o Screen Digest will accept briefings o Sdi o Directory of firms: Can purchase research a la carte http://analystfirms.tekrati.com/ Can commission research – great PR angle
  • 8. Product Reviews Detailed examination of hardware, software product or device Traditional methods – PC Magazine, eWeek, InfoWorld Reviewers guides, assigned support/mentorship But don’t be limited to traditional product review channels – you can manufacture your own opportunity o Explore communities/blogosphere/consultants o Think YouTube...
  • 9. So Do You Have a Story…Or Not? The Pitch: what makes you different, fresh, new or unusual? How does your business/technology map to marketplace trends/phenomena? What is your angle (or angles)? P.S. keep it short, punchy and relevant. The Target: Define and research your target. Who are the editors, bloggers, reporters and columnists covering your sector and competitors and what are they writing about? What is the line up in the magazine’s editorial calendar? What are some resources you can use to find and target these individuals? The Ingredients: What are the key story elements you need to provide? Customer references; third party research/testimony; protagonist/antagonist, conflict, executive interview; photographs; screenshots; background information, plant/facility tours – the more complete the package, the easier it is for the editor to say yes
  • 10. Medium & Method of Communication Press Release: Inverted pyramid style Two pages ideally One time effect Typically issued via newswire supported by “call downs” Targeted distribution! Press release ≠ coverage Press release = SEO Personal Outreach: Short, to the point Be provocative Cultivate sustained relationships Do your homework Become a resource Virtual world – face to face opportunities are rare Telephone briefings
  • 11. Other Tactics Competitive sideswipe Meetings/briefings at tradeshows/events Columnist campaigns Thought leadership – speaking engagements, panel presentations Product and business awards/recognition – Deloitte Fast 50, E&Y Entrepreneur of the Year, Top 40 Under 40 Twittering
  • 12. Going the “Agency Route” – Pros and Cons Pros Cons Rich network of editorial Expensive, typically retainer contacts driven Creative perspective – story Pitch by the senior, execution telling ability by the junior Sustained activity “steady beat Don’t “own” the relationship of the drum.” with journalists Polish & expertise No guarantees of ROI Access to tools – media directories, newswire services and can leverage costs across base of clients Perceived value – may be important to your angel or VC
  • 13. How to Measure Success Direct Indirect Column inches in story Natural search engine rankings Number of o Press releases references/stories o “Good links” Number of New customers “I read briefings/interviews and about you guys” press meetings
  • 14. Leverage Coverage and press release are just point in time stories and press releases unless... o Showcase on your web site – “good links” for SEO o Send to prospects customers, partners, investors o Include in your newsletter o Draw out quotes for use on web site and in collateral o And don’t forget to send to mom...
  • 15. Help! There’s a Journalist on the Line.. When a journalist calls: o Take down the reporter’s name, media affiliation and story deadline o Don’t feel compelled to react right away – buy yourself some time, but do respect the reporter’s deadline o Ask about the story – what is the angle, who else are they talking to, when will the story run Prior to the interview: o Develop some key messages – what do you want to say? Don’t be afraid to seek out assistance from your PR advisor Remember: o Everything you say is “on the record”
  • 16. Just a bit about me… Creative marketing advice and leadership to the high technology sector Marketing/PR chameleon – broad skill set 15 years at MKS – progressing from PR to VP Marketing Record of PR coverage: Computerworld, Information Week, JDJ, Application Development Trends, Backbone, G&M, BNN, National Post, KW Record and on… Joined Ignition in June 2008 – specialization in high tech Bachelor of PR from MSVU, Accredited through Canadian Public Relations Society Give me a call 519-624-2402 or email me ellyn@ignition.ca
  • 17. Let’s Trouble Shoot Questions? PR challenges? How do I get from here to there?