The Rise of Predictive Scanning: PR Isn’t Dead, It’s Poised for a Comeback

October 30, 2014

By Neelima Yelamanchili, Business Wire DC

Cutting Through The ClutterHow people want to interact with a brand has changed. For brand and content communicators, timing the message delivery can play a crucial role in enhancing perceptions and encouraging favorable behavior change.

Citing data that audiences are bombarded with 5,000 messages a day, Adele Cehrs, CEO, Epic PR Group, explained that when they are faced with so much information, important details are likely to be missed or simply forgotten. The challenge for the communicator is to break through this information clutter and pinpoint and highlight for their audience what is most important.

- 62% say social media has no influence on buying
– 91% rely on word of mouth for brand recommendations
– Just 2.7% of people are willing to recommend a brand across their social media channels for fear of being negatively associated with a brand

To ensure their message reaches through this clutter, Cehrs recommended today’s communicators focus less on engagement metrics and focus more on timing – specifically when there’s a spike in the conversation around a particular topic or issue. SPIKE is defined as “a sudden, point of interest that kick-starts exposure good or bad.” To increase the impact of the news, Cehrs recommends communicators focus on outreach during the spike, “when the messages will be most important to the audience.”

How can you monitor for a SPIKE? Perhaps a particular topic is trending on social media that relates to your brand or industry. Consider that a spike. Perhaps there is new legislation or some issues-focused topic that is prevalent in the news that relates to your message. Again, use that SPIKE.

And while bad news might be a popular cause of SPIKES, don’t automatically assume that’s a bad thing. If handled tactfully, you can make positive waves for your brand in the wake of a competitor’s missteps.

Other ways to monitor for spikes include:
– Competitor wins
– Contrary opinions, from e.g. bloggers, pundits, etc.
– Previous industry/company issues
– Trends in the news cycle

Using social media
Trying to internally sell the importance of social media to your C-suite or executives who distrust social platforms or believe it can be done successfully for free? First, make them understand that there is no such thing as free social media. It’s unrealistic to dedicate around-the-clock staff to monitor social media. Having a team prepared to monitor for the SPIKE and take necessary real-time marketing actions is a more effective use of resources. This is especially true with social media responses being an immediate avenue to connect with audiences.

Be prepared to strike at the SPIKE– you’re likely to get better results, increase your ROI, and might just earn respect from the C-suite!


Top Takeaways from Content Marketing World 2014? Creation, Marketing, Amplification

September 29, 2014

By Katie Kennedy, Business Wire Cleveland

CMI worldLast week we had the opportunity to attend Content Marketing World, hosted by Joe Pulizzi and the Content Marketing Institute. CMI  brought over 2,600 marketing professionals from around the world to Cleveland, Ohio, to discuss a topic near and dear to Business Wire’s clients: content – how to create it, how to market it and how to amplify it.  After having the time to absorb and reflect on the sessions and review my many, many pages of notes, I wanted to share a few of top takeaways from the event:

Andrew Davis, Author, Brandscaping: Unleashing the Power of Partnerships:  
Davis kicked off the show with an engaging keynote, “Inspired Content: How Brilliant Storytellers Create a Sudden Urge to Act,” urging marketers to rethink the marketing funnel and focus on what he calls “moments of inspiration.”

“Valuable content increases the demand for the products and services you sell,” said Davis. “If you want to own the consumer journey, create moments of inspiration. MOI leads to ROI.”

Julie Fleischer, Director, Data + Content + Media, Kraft Foods:
The theme of Fleischer’s keynote, “The ROI of Content: How Kraft Learned the True Value of Its Content and Rebuilt Its Marketing Around It,” can be summed up in three words: relentlessly pursue worthiness.

“Efficiency must be baked in. Content and data should be inexplicably linked,” said Fleischer. Kraft’s strategy focuses on maximizing the uses for any given piece of content and only producing content that they feel is worthy of the budget.

“If you won’t spend money to distribute it, then don’t do it!” Fleischer added.

Steve Rotter, Global VP of Digital Marketing Solutions, Brightcove:
Rotter shared  several very compelling statistics to stress the growing importance of using videos in your content marketing strategy in his session, “How to Drive Engagement in a World of Content Overload.”

The use of video is growing faster than any other type of content marketing because:

  • Video reduces page bounce by 12%
  • Video landing pages increase conversion rate by 75%
  • Consumers are 88% more likely to buy after watching a video product review

Rotter also reminded the audience that 70% of the time content is your first sales call. Stellar content can start the sales process before you pick up the phone or continue the conversation with prospects you’ve already touched.  So why is it that up to 70% of B2B content never gets used?

Mark Schaefer, Author, Return on Influence & The Tao of Twitter:
“We build relationships with brands just as we do with people,” said Schaefer in his session outlining “10 Reasons Twitter is Content Marketing’s Best Friend.”

To make the most of Twitter as part of your content marketing strategy, you need to be in the social media mindset and create meaningful content, make targeted connections and provide authentic helpfulness. Contribute to the conversation in a meaningful way that provides value. “Everyone can tell when you’re just trying to sell something,” said Schaefer.

  • Twitter is an ignition point. Twitter offers the fastest way to build an audience of relevant followers for your content and smart interaction on Twitter will lead people to your content.
  • Twitter is a source of content. We already know news breaks on Twitter, but it also provides a steady stream of content ideas and access to the web’s best teachers.
  • Tweets are powerful social proof on the internet. Using Twitter to build a relevant audience can ignite your content and produce rewards in the form of social validation and SEO benefits.

Beyond Storytelling

CMW embraced its overall theme and not only taught us how to harness emotion to tell a great story with content, but also focused on strategy and how content marketing can be successfully integrated into our organizations.  For more highlights and event recaps from CMW attendees:


Survey says? Reporters want breaking company news and photos!

September 10, 2014

In this analysis of the 2014 Business Wire media survey, Ibrey Woodall, Business Wire’s VP of web services, takes a deeper look at the types of multimedia elements most preferred by today’s reporters.

bizwirepressreleaseprefs

Not only do we cover the 7 types of news reporters want to see in a press release, we discuss what supporting assets work the best. As we move into a more visual, interactive world, text-only press releases are becoming increasingly rare.  Reporters are using images to round out their story and if you are not providing one, your competitor may be.

bizwiremultimedia

Take a few minutes and read this CommPro.biz piece to learn which types of multimedia reporters need and why:  http://www.commpro.biz/public-relations/media-relations/media-favor-photographs-press-releases-2014-business-wire-survey-provides-journalist-feedback-todays-press-release/


The Future of Content Marketing – Interactive Content

September 8, 2014

Are you responsible for your organizations’s communications program? For explaining new company initiatives to media outlets, influencers and other key constituents? Are you looking for new ways to increase your coverage, to build better fans and to increase social conversations about your news?  Then why are you issuing plain text press releases?

Press releases jump start awareness, generate coverage, initiate conversations and more.  Whether your release is text only, or includes images and graphics, you are starting a conversation, the difference is how many impactful conversations you are generating.

bizwiremultimedia

In a recent article for CommPro.biz, Serena Ehrlich, our director of social and evolving media breaks down the latest in content and news distribution, the embeddable asset widget called the Capsule.  This single asset, shared and embedded by media outlets via a single link, provides readers on-demand access to the videos, photos, PDF forms and more they want, all while reading your coverage.

Learn how easy it is to utilize this product today:  http://www.commpro.biz/public-relations/hyperspotted-content-embeddable-widgets-meet-future-content-distribution/


Introducing The Underdogs of the Social Media World

January 23, 2014

By: Ciaran Ryan & Zara McAlister , Business Wire Toronto Editors

The odds are forever stacked against them, and yet we can’t help but cheer them on. They may not be as big or as strong as their rivals, but they all hold the potential for greatness. They are underdogs. They’re the stuff of sport’s Cinderella stories, history’s conflicts, and Hollywood’s scripts. If you look hard enough you can always find the underdog. Even in the social media landscape, dozens of underused platforms are waiting for brands to try them on for size.

Facebook and Twitter may be the current top dogs, but other platforms boast their own unique strengths that could be beneficial for your brand. We’ve paired these platforms with notable underdogs of the past for entertainment value.

G+ & Rocky Balboa

rocky

Image source: IMDB

Google + is a lot like Rocky Balboa, the “Italian Stallion” from the Rocky movie series. On paper the diminutive boxer stood no chance against powerful fighters like the Soviet Union’s Ivan Drago. But the manly Rocky persevered when few believed in him, save his trainer Mickey and his love interest Adrian.

G+ has more supporters than Rocky ever did, with 540 million users. This social networking platform may not have Facebook’s numbers, but it’s quickly gaining ground. About 70% of its users are manly men, like Rocky. Typical users are in their mid-twenties to early thirties with technical interests such as engineering and modern technology. If this fits your brand’s target demographic, then appeal to these users by using G+ Hangouts to connect directly with them in a video chat environment. G+ is also useful for sharing learning-based content, hosting product demos and Q&A sessions. Sidneyeve Matrix, media professor at Queen’s University in Kingston, Ontario suggests making use of your brand’s evergreen content (not time sensitive) on G+ or posting information exclusive to your G+ circle.

If you need another reason to try G+, it’s no surprise this social network is the number one driver of Google SEO.

Pinterest & Danica Patrick

Few people thought Danica Patrick, a high school dropout, would succeed in the male-dominated sport of auto racing. Yet she defied the odds in 2008 to become the first woman to win an IndyCar Series race. Patrick’s underdog status and photogenic appeal have made her a household name.

Pinterest has also made a name for itself with 70 million users worldwide. The photo sharing community-based platform has a predominately female user base that works well for consumer brands. Pinterest ranks higher than Twitter for driving SEO on Google according to Search Metrics. What’s more, a recent study by GIGYA found Pinterest generates more e-commerce traffic than Facebook. And Pinterest’s industry leading 85% click through rate means more visitors following advertised links to get additional information about your brand. Ms. Matrix thinks Pinterest works best for brands that are rich in original content. “Think outside the box. You’re not always trying to sell. Sometimes you’re just trying to inspire,” she says. If your company fits the Pinterest bill, add a pin tool to your social sharing buttons, create targeted boards and consider running contests to get your customers more involved.

monet

Image source: Wikipedia

Vimeo & Monet

Two years ago Monet’s “Water Lilies” painting sold for over $43 million USD. Not bad for an artist whose work was initially panned by critics in France. Monet was an artistic underdog because most 19th century art critics didn’t know what to make of his Impressionist style. Eventually the Impressionist movement flourished and Monet became one of the most celebrated painters of his time.

Much like Monet is his early years, video sharing site Vimeo flies under the radar. Its 100 million unique monthly victors are a drop in the bucket compared to YouTube’s 1 billion. But for what Vimeo lacks in size, it makes up for in the quality of its content. Vimeo is a hotbed for indie filmmaking. You may not find tributes to Miley Cyrus’s “Wrecking Ball” or music videos about what foxes are really trying to say to us, but you will likely stumble upon something like this emotional ad produced by Google.

Vimeo is well categorized and less cluttered then other video sharing platforms. It’s not necessarily the right network for launching viral videos, but if your brand is interested in showcasing high quality content to a creative audience, then this is the place to do it. Last year Vimeo started the Brand Creative Fund, which helps to connect brands with Vimeo registered filmmakers, to create branded content that the community will appreciate.

These social media platforms are only a sample of the ones out there that encourage creative content and “out of the box” thinking. Always keep your target market in mind when considering what platforms will work best for your brand. Can you think of any other social media underdogs? Share your thoughts with us.


Small Businesses Take Heed: Social Media Basics Bring Big Business Opportunities!

February 29, 2012
by Rishika Luthra, Media Relations Specialist, Business Wire/Toronto
Rishika Luthra

Rishika Luthra

In a very short span of time, the social media landscape has undergone a sea-change.  For example, Twitter — a platform which was, until recently, attracting audiences who wanted to know what their favourite celebrities are doing in real-time — now boasts of an eclectic community of enthusiasts who are more aware, involved and engaged. What’s more, we even witnessed Canada’s first “social media election” in 2011!

There have been inevitable changes on the economic front as well. Canada’s growth in 2012 will be slightly below average, according to Deputy Chief Economist Doug Porter, BMO. That said, there is no denying that, at present, Canada is a relative safe haven compared to other economies, running the lowest inflation rates internationally.

So how do you accelerate small business growth in our economic times? The first question you need to ask yourself as a small business is which area of your business do you want to be successful in? Is it lead-generation and sales? Or is it customer service? Doing a goal-definition up front is crucial because social media may be free, but your resources and time are not!

In short, defining success is the key point of measuring it, suggests a panel of social media experts who recently participated in a Social Media Week Toronto 2012 session, hosted by BMO (Bank of Montreal), in a room teeming with Canadian entrepreneurs.

Start with your customers

“Being able to identify your key customer helps determine where your message will resonate best,” suggests Julie Howlett, Account Director of Global Marketing Solutions at LinkedIn Canada.

Chris Eben, a partner at The Working Group,  believes in starting small, connecting with customers and doing it in a real, genuine way.

Set social media policy and guidelines

Liz Strauss, Founder of Inside-Out Thinking, strongly suggests looking to build a social media policy, regardless of the size of your business.

Identifying who is going to respond to the information you share is just as essential.

“Using Social Media platforms sans specific guidelines is another way of ensuring that things could go well out of control,” warns Chris Eben.

One of the best examples of a small business that gets social media right is two-year-old Toronto-based Sprouter, a company that provides entrepreneurs everywhere with a platform to connect and engage for commentaries on small business issues, emerging technology trends and startup-related enquiries. Erin Bury, Director of Content & Communications at Sprouter, recently participated in a Social Media Week Breakfast session hosted by Business Wire Canada.

Mitigate negative publicity by being open to feedback

If you are social, you’ve got to be open to feedback, which could be positive or negative. Lack of answering or being “present” within your community is going to be harmful.

Remember that negative comments come from someone who wants to argue or someone who wants to be heard. The idea is to disengage with the former while genuinely engaging with the latter. The power to turn negative into positive rests in your hands.

Social media is all about engagement and the coolest tip for you is to attend events like Startup Weekend, one of the best examples of validating an idea with a relevant customer base, according to Chris.

Now that you have the mantra to bring your business up to speed, remember that being good at social media does not guarantee success. Being good at service does!


Friday Fast Links: Agencies, redundancies and more

April 15, 2011


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