This Study Will Perfect Your Press Release Distribution: Read Or Miss Out

Biogen Inc. (Nasdaq: PR BIIB) and Sangamo Therapeutics, Inc. (Nasdaq: SGMO), a genomic medicine company, today announced that they have executed a global licensing collaboration agreement to develop and commercialize ST-501 for tauopathies including Alzheimer’s disease, ST-502 for synucleinopathies including Parkinson’s disease, a third undisclosed neuromuscular disease target, and up to nine additional undisclosed neurological … Read more

Press Release Writing For Beginners

The report also provides an in-depth analysis of the competitive landscape and PR behavior of market participants. In this way, market participants can familiarize themselves with the current and future competitive scenario of the global market for Press Release Distribution Software and universal PR take strategic initiatives to gain a competitive advantage. The market analysts … Read more

How To Find The Time To Press Release On Twitter

Public Relations (PR) is one of the best ways to get some quick and potentially extensive exposure. But PR is much more than just crafting press releases and paying to post them to the business wire. Unless you are a larger company that can afford to keep dedicated PR resources in-house, you can do it yourself or bring in a PR vendor to manage it for you.

The cheapest way to get started is to do it yourself, assuming you have enough experience to craft a well-structured press release in the first place. [If you don’t know how, you can typically fake it by doing a little research on how to piece one together, but it’s not as easy as it may appear.] This approach is affordable, universal PR but you will be making a tradeoff in potential reach vs. bringing in a vendor or agency with established media relationships. At some point, you will need to bite the bullet and hire a partner or employee to manage the process for you.

Even if you have your sights set on hiring a full time PR representative, universal press release I still recommend you start out by managing an experienced partner for at least a few months or through a one-off project. Not only will this give you extremely valuable experience in the whole process, but it can extend the effectiveness of your first campaign(s) exponentially…assuming you select the right vendor.

I present to you the following seven steps to select the right vendor. If you follow these steps to the letter, your odds of getting it right will increase significantly.

1. Scope the project – I can’t stress strongly enough how important it is to do a deep dive into what you are trying to accomplish, why you need to do it, and how you intend to get there, before you start talking to any potential PR partners. Know what you want from the start, and PR know how much strategic input you are expecting from your vendor of choice. Most of the time, PR is needed to bring attention to an event, a product launch, or some other significant development. These events should be promoted with a full integrated marketing assortment, and PR needs to fit a specific role within that assortment. Once you are comfortable with the whole plan, then you can turn your attention to the details of the PR part.

2. Document the PR components needed – Specify the activities and documents you will be expecting from your chosen vendor. Writing press releases only? Distributing releases to the wire? Media outreach? Article placement? Editing contributed content? Managing syndication? Blog outreach? As you can tell, there are many things they can do to get the word out for you. Be very clear what your expectations are.

3. Spell out submission requirements – Once you know exactly what you need from your partner-to-be, outline it in detail. I recommend formalizing it into a Request-for-Quote (RFQ). There are dozens of RFQ formats you can find online or through colleagues, and in my experience, PR outfits take it more seriously when done this way. Typical components of an RFQ include company and universal press release product overview, project scope, expected deliverables, submission guidelines (how/where to submit, by when, and in what format), whether references are expected or not, what work samples to submit, and key media they can leverage for your benefit. Be absolutely sure they you require well-established contacts in the publications and online services where you want coverage. Of all requirements, this is the most important.

4. Identify potential partners – This is where you can waste a lot of time searching, so it is crucial that you start out with a vision of the type of partner who’d be a fit for you. I recommend avoiding individual PR consultants or other one-person outfits. Just like with any outsourcing partner, it’s best to have more than one contact at the company to cover for vacations or time out sick. Sometimes individual outfits will have a backup plan, perhaps a partnership with another PR consultant, to cover for these incidents. When you are just starting out, you also want to avoid very large agencies, where it takes $5K / month to really start seeing value add once you factor in the overhead of client management fees. Be sure to take advantage of your network for universal press release referrals, because a recommended vendor is much more likely to work out than someone random who you find in the telephone book or online.

5. Engage in dialogue – Once you identify candidates, send them your RFQ document. I always include a blurb about when/how we can have a dialogue to clarify areas of confusion, PR answer questions, and start building some rapport. This can get a little tricky, because some vendors won’t take advantage of the opportunity, others will need one call only, and still others will want to ping you daily. This process is important because it helps you see how they operate. If they’re high maintenance, you can expect the same behavior once they’re on the clock. If they seem to pop in and out randomly, universal PR you may have problems getting in contact when you need them. This is a trial run in working together, so pay attention.

6. Evaluate responses – If you did a good job of specifying submission requirements and universal press release timing, you should have all of your responses in hand by the deadline. I rarely let a vendor slide if they submit late, because again, it’s a negative indicator of their ability to meet deadlines. Review all of the documents, looking at cost quoted, timeline proposed, and completeness of response. Have a decision matrix in mind where you can score them in an objective manner – perhaps scoring them in each important area on a scale of 1-5, with 5 being a perfect fit and 1 being a mismatch. Include a category for their work style as mentioned in step five.

7. Select partner – This part of the process may differ for each and every one of you. The key here is to simplify rapidly. Look at the scores from step six and eliminate anyone whose score is far below everyone else. Look at what you are getting and when, and compare against cost proposed. Don’t be so shortsighted as to just pick the cheapest option without considering what they are doing for the money and what your network can tell you about them. Get it to the top two or three options, and look for more resources to help determine whether they are good at what they do or not. In the end, decide if your scoring approach is more important or press release your “gut”, and go with whatever you think will be best for your business.

Sealing the deal: Break the news to all involved

First, notify the party you selected directly via telephone if at all possible. You are engaging in a working relationship, so the least you can do is call to tell them. Do the same with all the “losers” in the process. They will want to know why they didn’t make the cut, and you should absolutely share that detail with them. After all, if someone wants advice on how to improve their business, why wouldn’t you want to help? Karma applies in business too.

There you have it…seven steps to getting a new PR partner identified, selected, and on board. This may seem like a little overkill with the RFQ, but it is not. Trust me, you want to avoid headaches if at all possible, and this is a way to get through the process most efficiently.

Guidelines For Submitting A Press Release LA TIMES

A press release, news release, media release, press statement or video release is an official statement delivered to members of the news media for the purpose of providing information, an official statement, PR or making an announcement. A press release is traditionally composed of nine structural elements. universal press release releases can be delivered to … Read more

How To Design A Traffic Generating Press Releases

PR.com is a leader in paid and free press release distribution. To reach journalists, increase online visibility, and attract new customers, submit via our global online news and universal press release (this website) release distribution service to top search engines, thousands of websites, social media, press release blogger networks, as well as via print, broadcast, … Read more

Why You actually need (A) Press Release

Last October 9, PR Sequoia Capital hosted a now-famous meeting in Silicon Valley, with about 100 startup CEOs in attendance. The message to the portfolio companies was this: We are in a serious economic downturn. Immediate, decisive and swift action is required, along with frugal management of expenses. Cut spending. Cut fat. Preserve capital. Among … Read more

Guidelines For Submitting A Press Release LA TIMES

A press release, news release, media release, press release press statement or video release is an official statement delivered to members of the news media for the purpose of providing information, an official statement, or making an announcement. A press release is traditionally composed of nine structural elements. Press releases can be delivered to members … Read more

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