How to know if your business is ready for PR
"How do you know if you're ready for PR?" This is a question we often hear from potential clients. They know they want to gain exposure for their brand, but what does it take? I addressed this very question with Modern CLE on Sunday’s Behind the Story event at the FACTEUR PR office, and wanted to share the insight with our readers here, too.
The fact of the matter is, you always need PR. You always want people saying great things about your brand, so you need to initiate that by being a voice for your brand. PR is more than just media relations. It’s events, it’s customer service, it’s managing how you interact with people when they walk through your door, it’s the messaging and imaging you deliver through social media. Now the question of when to know if you need to hire a PR pro to increase your exposure boils down to a couple things.
1. Do you have a strong brand? If the look and feel is consistent, your mission and values are apparent, you know exactly who your audience is, the tone and voice of your content is in line with who you are as a brand, and the business itself is operating as it should, you’re going to be ready for communicate all of that clearly.
2. Can you afford it? When you’re hiring a PR person, you are paying for their time, not for a media placement like in advertising. To give an example, a full-page ad in Martha Stewart Living is $233,000. An article will only cost you the time of the publicist, which includes everything from researching the opportunity, creating and compiling creative assets, putting together a press kit or materials, story ideation, sending samples, pitching, securing, follow-up, interview coordination, reporting, and so forth. However, the important thing to note is that editorial coverage is never a guarantee and not always on your schedule like advertising, but arguably its value is higher because you have a reputable third party endorsing or covering your brand. Related: Learn how to DIY PR with our online course!
3. Can you handle increased recognition? It’s not always an immediate correlation that PR leads to revenue. Rather, PR elevates reputation, which can absolutely lead to greater revenue. So make sure your business can scale to meet the demands.
At FACTEUR PR, we offer scalable public relations services, from coaching to committed engagements. If you have any questions at all, drop a comment below or contact us!