When starting a successful business venture or launching a new product, most entrepreneurs or business owners conduct some type of marketing research to determine the extent of their prospective customer base. And when getting the word out to that customer base, many entrepreneurs may turn to the media to help generate a buzz for them. However, as detailed as their marketing research might have been, very few business owners are as meticulous at determining their proper "media market" ? that is, all those media outlets whose editorial profiles are a match to a product/business profile and would be appropriate for generating media exposure and publicity.
One of my favorite things to do is educate my clients about their "media market." Consider this, in North America there are more than 75,000 media outlets and almost one million reporters, editors & producers in the entire media market. However, only a small percentage of those may be appropriate and applicable to your business/product. But which ones? Unfortunately, too many well-intentioned entrepreneurs are either uninformed or misinformed regarding what it takes to attract media attention for their business. I recently surveyed 100 business owners and entrepreneurs who contacted my business about a publicity/media exposure campaign. Here's what I found:
11% - "Are Admittedly Media Market Clueless"
These are the business owners who know their product and market inside and out, BUT they have never thought about launching a publicity/media exposure campaign before now. They know very little about their potential media market or how to generate publicity therein.
The Lesson: For these types of business owners I recommend asking for help from a smaller PR agency or publicity specialist who is willing to "hand hold" to get the client educated. Research to find one who doesn't mind spending the time to educate you about what should be included in your specific media market and the pitch. Make sure the agency or publicist understands the product/business as well as you do and can in turn educate you about your media market ? one that will be able to benefit your business for years to come.
--
19% - "Have Unrealistic Media Perceptions"
These are the business owners who are CONVINCED that EVERY newspaper, consumer interest magazine and TV show will run a feature on their new products when they launch a publicity campaign.
The Lesson: No product or business, no matter how big or great can be assured media coverage in every outlet in a media market. But you can get coverage in a good number of them given the right media tending. Every media pitch will be weighed against the media outlet's editorial lead-time, its available editorial space, and availability of an editorial staff member to cover your pitch. It is totally up to the discretion of each media outlet as to whether your pitch makes it to the pages or on air. It can be an uphill battle if you target the wrong media with the wrong message. But you can greatly increase the chances generating those media placements with a little expertise and media market know-how.
--
29% - "Think Local & Large Media Are The ONLY Media"
These are the ones who think of their media market in two simple terms: LOCAL & LARGE
LOCAL, as you might imagine, means the media outlets in their city or surrounding geographic region -- the local newspaper, a regional business magazine or two, a few shows at local radio/TV stations. LARGE, on the other hand, are media outlets like The Wall Street Journal, Newsweek, Good Morning America, Oprah or your other favorite large circulation, trade specific media outlet.
The Lesson: The reality is local and large are indeed part of your media market, but not the only ones. The best media market opportunities may well be the dozens of other smaller scale papers, magazines, newsletters or TV/radio/cable shows that may generate more customer interest and sales than a placement in the big media might. Because of a lack of media market knowledge, many business owners don't even know these smaller, more targeted media outlets exist. This is where a PR agency or publicity specialist can be integral in your publicity campaign. They know the media market very well and will be able to find those media members who will be the best for generating editorial features on your business or product. They also have great media contacts that can turn one feature into a syndicated story that runs in multiple media outlets nationwide.
--
41% - "Have A Good Grasp On Their Potential Media Market And Its Benefits"
These are media-savvy entrepreneurs and business owners who are realistic and knowledgeable about how the media can benefit their business. They know that they have to narrowcast their media pitch to a select segment of the media in order to get coverage that will increase exposure for the business.
The Lesson: Don't let a PR agency or publicity specialist tell you they will send your pitch to 20,000, 30,000 or 50,000 media outlets. The reality is, of the 8,000 daily & weekly newspapers, 11,000 magazines & newsletters, 15,000 radio/TV/cable stations and 7,000 Internet news sites in North America, only about 25% of those accept press releases from outside their geographic area. They cover only LOCAL issues, businesses and products, and it is a waste of time to target them. The key is researching to discover which media outlets will be receptive to your pitch and knowing how to parlay those media contacts into positive consumer interest features that will educate and entice customers about your product or business.
Just like marketing to find the right customers, one should be equally diligent about finding and pitching the right media market. Bottom line ? whether you have a general interest product that has widespread consumer appeal or a trade specific business with a very narrow customer base, knowing your appropriate media market can mean the difference between product/business publicity or product/business obscurity.
About The Author
Todd Brabender is the President of Spread The News Public Relations, Inc. His business specializes in generating media exposure and publicity for innovative products, businesses, experts and inventions.
http://www.spreadthenewspr.com
http://www.spreadthenewspr.com
(785) 842-8909
whole house cleaning Deerfield ..Unlike some professionals like lawyers and doctors, financial planners aren't... Read More
There'll never be a better time for a manager working... Read More
Almost assuredly you do, especially when your most important external... Read More
More than half of America skips the Super Bowl, the... Read More
In these days of every increasing demand and competition, there... Read More
Attracting new business: sometimes it happens by luck, sometimes by... Read More
There's an old African proverb:"If you think you are too... Read More
Things are pleasant for many business, non-profit or association managers... Read More
For some, public relations works well when their news release... Read More
There are all kinds of smart moves professionals can make... Read More
THE TWO MINUTES UNDERDOGEdward Everett was one of the most... Read More
Everyone has something that drives them up a wall. You... Read More
Public relations is the art, as one of my colleagues... Read More
Public Relations (or P.R.) is a wonderful, yet often overlooked... Read More
So, you've had your book published or you've gone the... Read More
You won't accomplish much if you call the gas company... Read More
The Public Relations (PR) industry is responsible for creating and... Read More
How do press releases or interest stories have an effect... Read More
1. Your press release should sound like news, not an... Read More
And show it for what it is - a humdinger... Read More
Yes, and that pressure often comes from a CEO who... Read More
Small Business Owners should send press releases out at least... Read More
If you want to succeed, build a great team. A... Read More
What do Monica Lewinsky, Shoshanna Lowenstein, and even Richard Hatch... Read More
If you get the hang of speaking to the press... Read More
home cleaning services Des Plaines ..I often begin my media training sessions by asking members... Read More
Publicity seekers know that Christmas can provide a bonanza of... Read More
We'd all like reporters to ask us about our career... Read More
?2004 Jeffrey DobkinSixty dollars doesn't go a long way in... Read More
Public relations is all about credibility and trustworthiness. If you... Read More
More than half of America skips the Super Bowl, the... Read More
A wise friend of mine has often said, "There is... Read More
Shooting from the hip always creates anxiety.Especially when managers order... Read More
Ideally, you will have two types of quotes in your... Read More
You've heard "them" say it, haven't you?By "them" I mean... Read More
What you are about to read is a step by... Read More
With all due respect to all those stereotypical males out... Read More
The right kind of PR, that is, the kind that... Read More
You thought of it, you researched it, you wrote it.... Read More
Whether you are a business, non-profit or association manager, your... Read More
Stripped down to its core, publicity is little more than... Read More
If your key ? that's KEY ? outside audiences don't... Read More
As a business, non-profit or association manager, let the tacticians... Read More
It can bite you and waste your public relations budget... Read More
Keep these few crucial details in mind when writing and... Read More
With a dismal failure rate of more than 75 percent... Read More
School BusesWhen approaching a school bus: Slow down; If the... Read More
Although, as a business, non-profit or association manager, you may... Read More
Redevelopment is replacing new construction throughout the Greater Boston area,... Read More
It's the time of year when calendars crowd out the... Read More
Public Relations |