Volume
One, Number Two
Welcome
to Headlines, a free newsletter published by Polaris Public
Relations with practical information about the PR industry.
Can
PR boost your bottom line?
In
todays business environment its essential for investments
to deliver meaningful business results. Chief executives and senior
marketers are concerned about ROI and public relations efforts have
not escaped their scrutiny. But does PR really play an important role
in realizing bottom line objectives? And if it does, how do you measure
its impact?
First, its important to understand that PR involves much more
than just media relations. While positive publicity is an important
part of what we do as public relations practitioners, its certainly
not the only tool available to us. PR is a broad field that includes
community relations, investor relations, government affairs, speaking
tours and more.
All of these activities have a significant ability to help an organization
achieve its business goals. PR is all about relationships and reputation
management. In many ways positive relationships and a favorable corporate
reputation are two of the most essential ingredients in an organizations
survival and its success.
At times, a direct link between positive business results and public
relations programs can be established. Were currently working
with a marketing services company to raise their profile with Canadian
and US marketing decision-makers. Our PR effort is generating positive
media coverage but what our client really wants is new business leads.
The connection between coverage and new business was recently established
when our client was invited to meet with a company who read about
their work in a trade journal.
At other times, tangible results from PR programs can be more difficult
to measure. Tracking programs that measure attitudes and awareness
are typically more costly to conduct than the PR efforts themselves.
And consumers often dont differentiate between a newspaper ad
and a newspaper article so the results are muddied.
So, how do you measure the impact of public relations programs? Heres
an easy four-step process:
1. Understand and articulate your objectives. Make them measurable
and relevant. Establish a firm link between your PR objectives and
the business objectives of your organization.
2. Determine the benchmarks youll use to establish success.
Try improving on last years effort. Look for metrics within
your industry sector.
3. Select a measurement tool. If youre evaluating media
coverage, youll need to look at the clippings you generate.
But go beyond just counting clips. Consider other criteria such as
tone, key message delivery, audience reach and the cost to reach this
audience. If you want your media coverage to include your 1-800 number,
then ask callers where they saw your number.
4. Analyze your program results. Look for ways to improve then
take action and measure again.
Crisis preparedness can be the defining factor in how well your company
weathers a crisis. Since none of us can predict what might happen
tomorrow, a good plan provides the foundation on what to do and how
to do it.
© 2003 Polaris Public Relations. All rights reserved.
Shelley Pringle is principal at Polaris Public Relations,
an associates-based PR agency that offers a full suite of communications
services. She can be reached at 416.597.1518 or shelley@polarisprinc.com.
|

Want to kick-start your business?
A powerful public relations program can help attract customers while
stretching your marketing dollars and building credible exposure for
your company. If youre looking for new ideas to build your business,
or need help in executing an existing plan, just give us a call at
416.597.1518. Wed be pleased to discuss your needs and
develop an affordable program for your organization.
If youd like to suggest a topic for a future newsletter, or
have a comment on this one, email us at info@polarisprinc.com.
|