Sure-fire results with slick SEO – Global Banking And Finance Review
By Laura Harker, writer and editor based in Gateshead, UK, working closely with Latana.
Public relations (PR) is often held up as the golden ticket for maintaining the reputation of a company. Just place some interviews and news pieces in newspapers and online publications, and thats all there is to PR, right?
Well, not quite. PR is actually a lot more multi-faceted and isnt just there to protect the public opinion of a brand. In fact, when used well, PR can really go the distance in helping branding strategy too, especially when it comes to improving reach.
Do you think your PR could be doing more for your brand overall? If the answer is a resounding yes, then its time to add it to your branding strategy. By following these next few steps, youll find that a PR-based blueprint for your brand can help spread your reach super efficiently.
Using PR as a Branding Strategy to Improve Your Reach
Every brand needs to tell its story. Customers love a good story[1]55% are more likely to buy a product if they like the brand story behind it. Thats because it makes your brand look like more than just a business; it will come across as a lot more human and relatable.
Now youve just got to write a story and get it out there so everyone hears it. Theres no better way to do this than with a PR strategy.
Firstly, its important to create a story that is consistent throughout the brand. Whats the brands history? What values do you hold? Why are you doing what you do? Make sure you iron out all the details that you want to stick in your audiences mind as storytelling is [2]22-times more memorable than simply relaying facts.
A solid PR strategy can help get this brand story into all the right places. PR is, essentially, creative storytelling, so its a great tool to use here. From getting a well-placed piece in an industry publication showcasing a member of staff to collaborating with influencers who share your values, there are various ways PR can push your brand story into the mainstream.
PR is incredibly useful when you need to reach your target audience. Of course, youll probably have multiple audiences that you try to attract, as its most common for [3]brands to market to three audience segments.
Heres an example of how PR can help: If you sell hearing aids that are aimed at the elderly, it would be wrong to focus the brands story and PR outreach on millennials. That generation just wont have any interest in or need for the product. So, the PR team will build a strategy that places your product and overall brand story in front of the elderly; they wont waste time trying to win placements in millennial-driven publications and sites.
It pays to define the target audience before launching into a new PR strategy. Then its a win-win situation: knowing the audience will help build a strong strategy, while the PR side of things will ensure the right people are always exposed to your brand and its story.
PR should also be used to develop and improve your brands identity.
To start off with, think about what the key selling points of your brand are. Why should customers be interested in you if youre not aligning your brand with [4]proactive customer service? What are you offering them that other brands dont? Use answers to these kinds of questions to shape the PR strategy.
To cement your brand identity, youll also have to choose the right kind of media in which to place your stories. These should be publications that will reach your target audience. Whether you choose to go for a story in a national broadsheet or a tabloid newspaper could really change the way consumers think of the brand. And dont forget to try to get as much earned media as possible[5]92% of consumers trust this over promotional content.
PR is the best opportunity to tell consumers about your brand; you can tell them everything you want them to know. Youll already be doing this with other branding efforts, [6]including content marketing, but youll find that your branding becomes a lot more effective and successful when combined with PR. This is especially the case when youre trying to bring new products onto the market or going through a brand redesign.
For a good example of how to do a brand extension well, take a look at [7]Dunkin Donuts. Originally, the brand started out selling simple pastries and mediocre coffee. Eventually, they wanted to take on the big-name coffee chains, so they started adding more breakfast items to their menu and greatly improved their coffee.
Just making these changes wouldnt have been enough; they needed to get the word out there so that consumers knew they were moving over into the specialty coffee market. Thanks to PR and branding working together to shift the publics perception of the brand, the extension was a huge success. So much so, that the brand has announced they are dropping Donuts from their name.
Weve already hinted at PR being able to boost consumer trust. After all, if that 92% of consumers who do trust earned media more see your media placements in respectable publications, then they are much more likely to view your brand as trustworthy.
Personal PR can also really help to build trust as well. Every day, [8]we produce as much data as was generated in all of human existence leading up to 2003. Thats a whole lot of data and info to get distracted by, and when the average human [9]attention span is only 8 seconds, you need to make sure that whatever your brand says is cutting through all the noise to grab people. Personal PR does just that. Youll be reaching out to and addressing customers directly, so they cant help but listen.
PR can also help a brand get more referrals, something that is super important for B2B companies; [10]82% of B2B buyers start the process with a referral. Good PR can get plenty of people talking about a brand. When someone likes a particular product or company, theyre going to be a lot more likely to tell their friends and family about it. If a customer knows that someone close to them trusts a brand, it then provides the foundations for them to build their own trust in it too.
Every startup could use a good serving of PR in the very early stages. Doing so can help to attract investors and customers. As 70% of startups fail to get any funding during the early months, adding some good PR alongside marketing and SEO could help the startup get over the initial hurdles that most new businesses face.
Just think: if you get your startup brand a mention in a national newspaper or on a popular blog, then it could open you up to hundreds of thousands of consumers. With the backing of such a reliable publication behind you, your validation will start to grow. Thats especially the case when you think that [11]80% of business decision-makers prefer to get company information in a series of articles versus an advertisement.
Of course, you need to think carefully when choosing the PR placement used to try to get this validation. Choosing the wrong one could alienate your target audience. For instance, 247% of millennials are more likely to be influenced by blogs or social media sites, so getting media placement in a national newspaper wouldnt do much good when trying to reach them. Back up your strategy by really understanding where your target audience actually spends most of their time and use [12]marketing tools to better communicate with your team and identify channels that work best for your brand.
PR is such a multi-faceted tool, and using it to improve your reach through a [13]branding strategy is just one way it can be put to use. As youve seen in this article, you wont need to alter your use of it vastly in order to see a difference in reach.
Its all about making subtle changes, such as implementing a brand story and fine-tuning your target audience. This shouldnt be too difficult when you always keep PR in your mind while working on aspects of your brand strategy.
Once you enable a branding strategy that takes into account good PR practices, you certainly wont look back. When done well together, branding and PR are the dream team!
[1] https://www.marketsmiths.com/2017/roi-brand-story/
[2]https://www.forbes.com/sites/celinnedacosta/2019/01/31/3-reasons-why-brand-storytelling-is-the-future-of-marketing/#3d20006955ff
[3] https://www.hubspot.com/marketing-statistics
[4] https://www.tidio.com/blog/proactive-customer-service/
[5] https://www.prdaily.com/infographic-statistics-to-drive-your-pr-campaigns/
[6] https://www.latana.com/post/content-marketing-brand-identity
[7] https://www.5wpr.com/new/branding/
[8] https://blog.hubspot.com/agency/5-must-know-stats-pr-pros
[9] https://blog.hubspot.com/agency/5-must-know-stats-pr-pros
[10] https://carabinercomms.com/pr-helps-build-trust/
[12] https://biz30.timedoctor.com/marketing-consultant-tools/
[13] https://www.latana.com/post/brand-strategy-brand-tracking
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Sure-fire results with slick SEO - Global Banking And Finance Review