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B2B Marketing Strategies and Insights

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Death by Content: How Press Release Abuse Killed Public Relations

Self-serving Press Release Content Has Killed PR

The origins of the press release are unclear, but in the not too distant past, this communication tool was called a “News Release.” And its sole purpose was to provide the press with information likely to be of interest to the public; containing what journalists still call “news value.”

Prior to popularization of fax machines in the 1980s, news releases were delivered by human messengers to major wire services such as AP, UPI and Dow Jones, which in turn communicated that news to their subscribing media outlets over a broadtape machine – much like a financial ticker tape, but using a much wider roll of paper. For non-daily news sources such as magazines, news releases were often sent through the US Mail.  Regardless of how they were delivered, news releases served an important role in mass communication.

But the news release has lost its franchise as a communication tool, for two reasons:

  • Thanks to technology, news releases became an anachronism. Online news portals and email killed the underlying functionality of paper releases as a news dissemination tool. The internet delivered news faster, and this was a good thing.
  • Thanks to the PR profession, news releases (aptly re-named press releases) became platforms to deliver content with little or no news value, and largely of no practical value or interest to the press.  Flacks began using the press release as a marketing and propaganda tool, and this was a bad thing.

Over the past two decades, the sustained volume of press release abuse by PR practitioners – driven in large measure by CEOs (and clients) who fail to understand that journalists are not ad hoc members of their company’s Communications Department – has greatly diminished the stature of the public relations profession in the eyes of journalists, and has also reduced the ability of PR pros to leverage the media as a valuable means of securing objective, third-party exposure and validation for their company, product or cause.

As the number of journalists who post “Do not send press releases or pitch story ideas to me” on their Cision or Vocus profiles increases every year, the PR profession will eventually lose one of its most fundamental roles: to discover or create content that has bona fide news value, and to properly package and present that information to media sources.

If journalists find no practical need for flacks, organizations will likely follow their lead. For public companies, dissemination of financial results and material events will be handled by their legal department. Because press releases are now considered sales collateral by their target audiences, “media relations” for all companies will be managed by the marketing department. Public Relations, as a profession and a function, will simply cease to exist.

Twitter, blogs and other social media-based “pull” tools may eventually replace the press release. But unlike social media, press releases have been pushed at journalists, filling their inboxes, wasting their time, and reinforcing the media’s perception of PR as a self-serving and often ignorant generator of meaningless noise.

It may be too late to repair the self-inflicted damage done to the PR profession by years of press release abuse. Morphing from a Public Relations professional into a Social Media professional may buy some additional career tenure for young communications practitioners, and hopefully they’ll learn from the lessons of PR’s suicide: that whether it’s tweeted, posted or contained in a press release, news and information lacking intrinsic value will always reflect poorly on its source. And over time, it will make you irrelevant.

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Brochureware Is Not a Dirty Word

Brochureware is the term used, often with derogatory marketing implications, to describe websites consisting entirely of static pages that promote a company’s products and services, people and value proposition. Most brochureware websites contain no content that requires updating, and other than perhaps a “Contact Us” form, no interactive capabilities. Brochureware simply sits online, like a printed brochure sits on a coffee table.

A big problem for many companies, from a brand marketing perspective, is that:

  1. Their well-intentioned graphic design firm has provided them with a website with functions requiring new and refreshed content. These functions might include: “News”; “In the News”; “Upcoming Events”; “Thought Leadership”; “Case Studies”; “White Papers”; “Webinars”, etc.
  2. Although they understand the potential marketing and SEO value of those website functions, companies often lack the motivation, resources or raw material to supply them with new, relevant, engaging content on a consistent basis.
  3. As a result, website visitors might see…a company blog with only 3 posts over the past year; no press releases issued since 2009; a “Coming Soon” graphic for the In the News section; an archive of quarterly newsletters with many issues skipped; a 2 year-old white paper that’s no longer relevant; and zero upcoming events scheduled.
  4. Based on these impressions, website visitors will likely conclude one or all of the following:
  • This company is out of business.
  • This company doesn’t really care what clients and prospects think of them.
  • If this company doesn’t care what I think of them, how well will they serve my needs?

Having seriously out-of-date or missing content on your website is akin to showing up to a first meeting with a prospective client wearing no shoes and the same shirt you’ve worn for the past 6 months, sporting a jacket with lapels 4 inches wide. Based on first impressions, that prospect has already crossed you off his list.

If your company’s website is incurring brand damage as a result of outdated content…and if it has no intention of building disciplines to consistently feed this online beast…then your best course of action is clear:

TELL YOUR GRAPHIC DESIGN FIRM TO REMOVE ALL WEBSITE FUNCTIONS THAT REQUIRE REGULAR UPDATING.

Your company will be better served – from a brand perspective – by having a website featuring 100% static brochureware, than by having a website that aspires to be something it’s not.

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Are You Wasting Money on Publicity?

The Value of Publicity is Based on 3 Key Factors

Every year, companies waste time, money and opportunity generating publicity that accomplishes little or nothing in terms of tangible business outcomes.

Here are a few hard truths regarding publicity:

  • Your audiences are unlikely to notice the exposure, or do anything about it.  Even with content shelf-life driven by intelligent SEO management, there is simply too much information, too many online and offline media sources, and too little time in the day for your customers, prospects and referral sources to read, see or hear your message. And if they do get your message, there’s often little motivation for them to act on it.
  • Publicity volume does not translate into business results.  A single high-value media placement that’s properly merchandised often has greater impact than a pile of press clippings. In fact, publicity for its own sake is often unfocused, with no connection to the company’s underlying value proposition or core messages; generating confusion and apathy among target audiences.
  • Some types of publicity have significantly greater marketing value than others. The old PR adage that “There’s no such thing as bad publicity” may work for Lindsay Lohan, but it has no application for companies that care about their brand. To calculate the media placement value of various types of publicity (see chart above), Highlander Consulting uses three key criteria:
  1. BRAND RISK – If you have little control over how your company’s reputation or intellectual capital is presented – such as in a feature story where a reporter or editor will seek to produce “balanced coverage” by presenting negative items or including a competitor – then the publicity has inherent brand risk. (Value Scoring: +1 if you have total control over content; -1 if you have little or no control.)
  2. CREDIBILITY – Often called “masthead value,” this factor is based on how well the media source is recognized and respected. The potential value of the publicity is based in large measure on the underlying credibility of the source, because the exposure supplies an inherent 3rd party endorsement. (Value Scoring: +1 if the source has strong credibility; -1 if it has low credibility.)
  3. MERCHANDISING POTENTIAL – This often overlooked factor is sometimes mistakenly called “reprint value,” but Merchandising Potential encompasses far more, relating to how easily and how broadly the media exposure can be leveraged to support and drive specific marketing goals. Simply posting publicity on a website does not deliver a high ROI.  (Value Scoring: +1 if the publicity has a range of applications; -1 if it’s limited to one or two.)

Using this ranking methodology, and as reflected in the chart above , bylined articles and OpEd pieces published in credible sources typically deliver the highest marketing ROI; while inclusion (being mentioned or quoted) in a round-up news or feature story does not score well. Most home-grown efforts, such as self-published press releases, have very little value.

By using this formula, or a similar methodology, to evaluate the potential ROI of individual publicity tactics, and by building media and marketing strategies around only high-value activity,companies can consistently make the connection between publicity and tangible business results.

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3 Ways Social Media Will Fail Marketers

All communication channels have limitations

1. Social media will not increase word of mouth influence.

Research by Keller Fay for Google shows that 94% of word of mouth conversations occur offline, and most often, those conversations are sparked by information found on the internet and television…and not on Facebook, Twitter or other social networking sites. Based on those offline conversations, consumers most often rely on internet search for additional product / brand information, which is considered to be more credible (+25%) and more likely to lead to purchase (+ 17%), when compared to information found through social media sources.  Marketers are best served by focusing on improvement of their SEO capabilities.

2. Social media will not drive customer experience.

Social media does not improve or replace the customer service channels that have the most significant impact on brand impressions. Multi-channel customer experience research by RightNow / Loudhouse showed that consumers are open to using social media to post opinions, but when it comes to interaction, 50% of consumers want to use online self-service tools, phone (18%), or email (19%).  Marketers are best served ensuring traditional channels deliver a customer experience that validates the company’s brand promise.

3. Social media will not reduce the marketing burden.

Similar to all other communication channels, social media involves ongoing discipline and a commitment to continually learn and improve performance and results. Establishing a Facebook page, Twitter account or company blog represents an obligation to dedicate the financial resources, appropriate skills and senior level attention necessary to make social media a strategic marketing asset. Marketers are best served walking away from half-hearted or short-term commitments to social media.

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Marketing to Multi-Media Multitaskers?

Death of the Mono-Media Environment?

A new study from Boston College’s Carroll School of Management on the impact of multi-media multitasking has some significant implications for marketers using TV or online channels.

In a forthcoming edition of the journal Cyberpsychology, Behavior, and Social Networking, Professors S. Adam Brasel and James Gips demonstrate that, in a side-by-side challenge for multitasker attention, the computer dominates TV, but neither device holds attention for long periods.

Prior surveys have shown that 59% of Americans use their computer and television at the same time, and for those who do:

  • the computer draws the viewer’s attention nearly 69% of the time
  • neither device holds their length of gaze for long periods (< 2 seconds for TV, < 6 seconds for computer)
  • just 7.5% of all computer gazes, and 2.9% of all TV glances last for longer than 60 seconds

For companies that rely on TV or the Internet to communicate with consumers, these findings regarding the physical behavior of multi-media multitaskers raise questions about the effectiveness of both channels as a means to garner the attention of potential customers.

The researchers noted that the study did not take into account the impact of a multi-media distraction that may eventually push both TV and computers to the side, in terms of multitasker dominance: the mobile phone. According to Professor Brasel, “Assumptions about how people are using media need to be updated. The era of the mono-media environment is over.”

Marshall McLuhan has been dead for 31 years, but I’m confident he would have had something clever to say about the death of the mono-media environment.

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Porno as a B2B Marketing Tactic?

Here’s an interesting insight from the Decision Dynamics survey released earlier this week. Co-sponsored by the Financial Times and Doremus, this survey of more than 500 senior-level business executives suggests that if you’re attempting to reach corporate decision-makers, you may want to want to re-consider Twitter as a marketing tactic. Fewer than 10% use Twitter at work, and only about 20% use Twitter at  home. 

Apparently there are better ways other than Twitter to leverage digital media to reach business executives;  including webcasts, podcasts, blogs and…yes, games…which is likely to be of some concern to company shareholders and laid-off employees, as it appears that nearly 40% of these senior executives spend some part of their day playing games at work.

Given the survey’s game-usage insight, here’s something that deserves additional research: if nearly 75% of senior executives frequently or sometimes “view online video” while they’re at work, what exactly are they watching?

Digital Media: % Used Frequently or Sometimes

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Is Your Website Content a Brand Liability?

Either Feed the Content Beast or Don't Create One

Either Feed the Content Beast or Don’t Create One

Distracted by all the social media buzz, it’s easy for a company to lose sight of the fact that their website remains the mother ship of brand expression and commerce. The standard marketing approach – particularly among B2B firms – is to create a brochureware-esque “Who We Are / What We Do / Why You Should Select Us” web presence, which forever serves as a handy repository for press releases, case studies, white papers and other expressions of thought leadership. For many firms, “build it once & fill it with stuff” is considered effective website management.

What often happens – soon after LAUNCH COMPANY WEBSITE is crossed off the corporate to-do list – is that companies don’t apply the same standards of excellence or levels of scrutiny to the content generated post-launch that were applied during development of the website’s original core content.

For a host of political and practical reasons, inappropriate and ineffective web content gets posted; sorely outdated content is granted lifetime tenure; and assorted layers of information…in WORD documents, PDFs, YouTube videos, podcasts, webinars…all obscure the company’s core messages and brand positioning.  When it comes to website content, less is absolutely more.

If the brand police were to issue citations for website content-related abuse, some of the most common violations might include:

Vagrancy – If your most recent press release, example of news pickup, or last blog posting is more than two months old…website visitors will wonder “Are these guys still is business?” or “Is this how they will keep up with my needs as a client?” If a company can’t produce and maintain a fresh inventory of content, then from a brand perspective it’s better off without having any content at all. Dump the dated material and put a bullet in the blog with few posts.  If you’re unable to trash the old content, at least bury it in an archive tab so it’s not as visible.

Prostitution – If your white papers, case studies, newsletters, webinars and other tools are nothing more than re-labeled sales pitches…website visitors will classify you a self-promoter and discount the credibility of all the information on your website.  Admittedly, it’s often a battle for marketers to convince a CEO or Sales VP that their company needs to produce content that empowers prospects to draw their own conclusions…but pursuit of that cause is well worth the effort, if only in terms of professional self-respect.

Hoarding – If your company believes its content is so proprietary that visitors must be registered and approved to gain access to it, then you’re a prisoner of Web World 1.0, and here’s a news flash from 2014: Online content that requires registration is no longer an effective carrot to generate leads.  Your company’s intellectual capital – showcased in website content – is its most valuable asset. If you restrict access, potential customers are more likely to move on to a competitor than they are to request permission to see it.

B2B companies will increasingly be tasked with having to feed new, relevant content to the online beasts that now rule our world. But rather than approach this as an endless, thankless chore, they need to embrace the opportunity to promote their expertise. A company that’s unwilling or unable to invest the resources necessary to keep their website current and vibrant needs to re-think how it presents its brand online.

[Previously published at http://prbreakfastclub.com/2011/04/08/content-marketing-liability/]

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