importance of pr during recession - exec

Give PR a Seat at the Executive Table, Now and Always

It’s been a long, hot summer—and an uncertain one for marketers who are grappling with the impact of an inflationary economy and fears of a possible recession.

Companies are scrutinizing marketing budgets more closely, and CMOs are increasingly being asked to justify their spend. Faced with conflicting data, disappointing earnings report and negative economic news, marketers may have tough decisions figuring out how to allocate their budgets.

That’s when PR becomes even more important than usual, because it’s one of the most cost-effective, credible ways to reach your audience and support your marketing funnel. As one PR agency owner wrote in Forbes:

“Through any time of crisis, there is one critical part of any business strategy that should never be forgotten: public relations.

“Why public relations? Because when so many others aren’t surviving the storm, it lets the public know that you are still standing, communicating and being active, and that you will still be there when things get better. PR is one of the most budget-conscious, effective and resourceful ways to keep your name out there during a recession. The third-party endorsement that PR creates is a voice that carries through and resonates with audiences long after the depression has passed.”

Keep in mind that this was written during the height of COVID-19. Anything we face in the coming month­­s—and economists are deeply divided about the prospects and severity of a recession—will pale in comparison to what we all survived in 2020.

PR helps fill your sale funnel, regardless of the economy

Companies will soon begin their 2023 marketing planning, and PR should continue to be top of mind for a full-funnel sales and marketing program.

“PR has always been thought of as a ‘top of funnel’ contributor,” according to Cision, “but this association does not fully encapsulate the impact PR has throughout the buyer’s journey in today’s digitally-driven landscape.”

That’s because earned media can be used in so many ways in the sales funnel. Content from earned media can be amplified through social media, shared in nurturing campaigns, and used throughout the sales cycle. PR can also help gain the attention of retail industry analysts and other important influencers in the retail ecosystem.

Ketner Group’s focus on retail technology has helped our clients realize the potential of each of these elements of a well-rounded PR program. Time and again, we’ve seen the power of PR to help our clients gain recognition as thought leaders, increase engagement with prospects and help drive leads.

That became critically important during COVID, when much of retail was particularly hard hit. Our team moved quickly and worked closely with our clients to devise new strategies to reach retailers. We saw an increased emphasis on content and a renewed appreciation for earned media and the credibility it carries.

Our best advice for retail technology marketers: Always give PR a seat at the table

Our retail technology clients realize that PR should always be considered a key part of the marketing mix, no matter the situation. New technology solutions have fueled much of the retail resurgence since 2020, and our clients reaped big rewards by continuing to invest in PR and marketing.

What should be your strategy for PR and marketing in the coming months? Simply this: Continue to give PR a seat at the executive table. PR is at its best when used as part of an overall company strategy, not just an afterthought.

Despite concerns about a potential recession, the outlook for retail remains healthy. After all, consumer spending is steady, inflation is trending down and consumer sentiment is rising.

This is all good news for technology companies. Retailers will continue to seek new solutions to improve profitability, increase consumer engagement, implement new fulfillment models and better manage their supply chains; and that’s just the beginning. A retail analyst friend of mine expects retail technology spending overall to increase next year.

If you’re a retail technology company, you can’t afford to miss out. Ketner Group has specialized in retail technology PR for more than 20 years, and we know retail like no other PR agency.

Looking for a PR partner that knows your business? We’d love to hear from you. Get in touch today to find out how we can help you reach retailers and support your marketing goals.

retail tech pr agency

Why to Hire a Retail Tech PR Agency

When speaking with prospects and new clients in the retail technology industry who have previously worked with a PR agency, we regularly hear that the agency didn’t understand what they did. Often the agency either specialized in B2B technology or in retail, but not both. This is why it’s important to specifically find a retail tech PR agency.

Our friend and advisor Karl Sakas explains this well. He says, “If you needed heart surgery, you wouldn’t hire a general surgeon. If your insurance was good enough, you wouldn’t hire a cardiac surgeon, either. You’d hire a cardiac surgeon who’s done your exact procedure 500 times before. When they have a choice, people tend to hire a specialist.”

With that logic in mind, we recommend that if you’re a retail technology company – whether you provide solutions for the supply chain, eCommerce, payments, or even a vertical specific technologies for grocers or apparel – you work with a retail tech PR agency to drive brand awareness and support your marketings goals.

Here are just a couple of reasons why.

Expertise in retail AND tech

It’s easy enough to find a B2B tech PR agency. A quick Google search retrieves thousands of results.

However, it’s a lot harder to find a PR agency that specializes in BOTH retail and B2B technology. But why should it matter? Simply put, a general B2B tech PR agency is trying to be all things to all people. Meanwhile, a retail tech PR agency knows your industry just as well as you do, if not better.

ketner group retail tech

So, what does that mean? For Ketner Group, that means we live and breathe retail tech. When onboarding a new client, it’s easy for us to understand what the client does and to translate that into terms that retailers and brands understand.

This is especially important if you’re hiring an agency to do content development. If an agency is doing nothing but reading and writing about the industry that you serve, it’s easy to pick up your company’s tone of voice and style to create content that resonates with your target audience – retailers and brands.

Established relationships with retail tech influencers

Beyond having expertise in retail and technology, a retail tech PR agency has established relationships with key influencers in the space. This is particularly important for media and analyst relations.

When working with a specialized agency, it cuts down on onboarding time and the time it takes to gain media coverage. We don’t have to spend exorbitant amounts of time researching and building media lists from scratch. We use our proprietary media lists to customize and build a database of targets for each client.

With most of our new clients, Ketner Group Communications sees media mentions within the first month by leveraging our existing connections with media contacts in the space.

retail tech pickup

Same goes for analyst relations. We have established relationships with key industry analysts and are able to quickly set up introductory analyst briefings with the analysts who cover your space. Additionally, we help cut through the red tape (i.e. sales people) that solution providers often encounter when handling analyst relations in house.

Start working with a retail tech PR agency today

So, you’re convinced – it’s time to engage with a retail tech PR agency. Look no further.

Ketner Group Communications has specialized in retail tech PR for over 20 years. Our deep understanding of the industry makes us experts in retail tech content development and brings with it established relationships with key retail tech influencers – both media and analysts.

Ketner Group speaks your language and knows your target audience. Get in touch today to find out how we can help you drive brand awareness and support your marketing goals.

media relations helps your startup startups

Six Ways Media Relations Can Help Your Startup

Ketner Group has worked with dozens of B2B technology startups, and we often see familiar patterns in how they approach PR and media relations.

Startups naturally spend their first few years building their technology and team and ensuring the success of early customers. However, as a company wins significant customers, receives additional funding or begins seeking investment, PR ultimately becomes a priority.

Media relations is often the starting point for creating a larger communications program and engaging with a PR agency.

Why is this element of public relations so important? Here are several reasons why.

Media relations helps companies hone their story

Storytelling is at the heart of media relations. After all, media relations involves telling your company story in order to convince an editor to write about your solutions, which in turn can influence prospective buyers.

Stories must be easily understood, believable and persuasive. That’s why we always recommend that startups evaluate their company messaging and value proposition before engaging in media relations, to ensure they’re accurately communicating their story.

PR agencies like Ketner Group can provide the expertise you need to help you get ready to tell your story to the world.

Media relations demonstrates market acceptance

The very nature of startups is disruption—taking a fresh look at solving business problems with new, innovative technology. But how does the technology work, and what benefits does it really deliver?

media relations validates tech

Media relations is a critical way to validate your technology, as it gives you the chance to tell stories about your vision for the industry, the challenges your solutions address, and how customers are using your products. Because these stories are told by outside media, they gain credibility.

It boosts your market profile

Over time, editors and writers will turn to your company as a resource for articles and reports, creating more opportunities for media coverage and boosting your company’s overall presence. A well-honed media relations program can give you a competitive marketing advantage, too.

A key index of media relations performance is share of voice, which represents a company’s share of earned media coverage in a given month. By “owning the conversation” through a larger share of voice than competitors, companies can increase their marketing presence and punch above their weight class.

We use Cision as our preferred PR platform, and its share of voice reporting provides valuable metrics for measuring the effectiveness of media relations.

It supports fundraising

As startups raise funding, media relations can help attract the interest of investors and provide an important source of validation. Articles and press releases about customers are particularly important, as they provide external proof that goes beyond your investor deck.

It influences lead generation and sales

Clients often ask the question, “will media relations help generate leads?” As my colleague Mariana wrote in a recent blog, the purpose of media relations isn’t lead-generation, but it can help influence lead-gen and sales when considered as part of a well-rounded communications program. We’ve seen plenty of examples of this.

media relations supports sales

When one of our clients announced a major implementation of the company’s solution by a well-known top 10 retailer, the CEO quickly began hearing back from other retailers the company had been courting. In this case, one highly visible customer win opened doors for our client.

Companies want to know what technologies the leaders in their industries are adopting, and it can ultimately help influence their purchase decisions.

Media relations supports your exit strategy

A retail analyst friend used to introduce us to tech startups by telling them if they work with Ketner Group, they’ll get acquired. If only it was that easy!

Over the years many of our startup clients have undergone successful acquisitions, and we’re proud to have played a supporting role. Media coverage and share of voice can help attract the attention of would-be acquirers. When one of our retail software clients was acquired, the press release referenced an industry awards program that boosted our client’s reputation and visibility in the market. That program was one of the key elements of our PR program.

Media relations is a key strategy to supporting your startup overall

Media relations plays a vital role in your PR strategy. However, media relations should never exist in a silo, as it is only one facet of public relations.

As you consider establishing a media relations program, be sure to evaluate all your other communications channels, too—website, social media, content, blogs, paid media—in order to make sure you have a well-rounded program that’s firing on all cylinders.

That way, your startup will get the most out of its investment in media relations and every other communication channel.

Need help with media relations?

We’re experts in media relations, so if you’re ready to kick start a media relations program or just want to make sure you’re on the right track, we can help.

Schedule a free 30-minute consultation to learn what we can do for you.

stewards of the future webinar tameka vasquez

How Marketers Can Be Stewards To the Future

For the first KG Connects of the year, we were delighted to have Tameka Vasquez — strategist, educator and futurist — join Catherine Seeds to discuss the importance of being what Tameka calls, “stewards to the future.”

In her day job, Tameka serves as a global marketing leader at Genpact. She also just recently jumped back into the world of academia as an assistant professor at St. John’s University in New York. She started her work in futurism because, as she describes, “everything in the world is just made up, and we have the power to make up something else.”

Read a summary of the webinar below, or if you’d like, watch the full webinar on-demand through Zoom.

What is a steward to the future?

Tameka often uses the phrase, “steward to the future.” To her, it’s a literal phrase.

She explained that a steward is a person who takes care of passengers on planes or cruise ships during their trip. The same concept applies to marketing, according to her, marketers need to think, “how do we use [marketing] to navigate people from the point of where they are today to the future?”

A futuristic remix on the four Ps of marketing

Most marketers know the four Ps of marketing — place, price, product and promotion — as well as how important this is for organizations. However, in future-work, Tameka takes a different approach to this classic method.

four ps of marketing philosophy

She puts forth the following:

  • Possible: what is something that can reasonably happen?
  • Plausible: what is feasible given what we know right now?
  • Probable: what is likely to happen? 
  • Preferred: what fits expectations and ambitions?

She stated the importance of these future four P’s, especially for marketers, because, “there is a high degree of uncertainty and there are a lot of contextual instances where you have to apply these four p’s.”

Applying futuristic thinking to marketing plans

As part of her work as a futurist, Tameka has to think, “What does it mean when we say the future?” She continued, “that could be 2021, it could be 2030. Whatever that marker of time is, you can then decide what the story that you want to tell about the future is. How do we use the attention that we have in the moment to give people a view of the future?”

tameka vasquez attention quote

Using 2020 as an example, she described how we needed to meet the moment by educating people on COVID-19 best practices while also thinking about how current events allow individuals and organizations to reimagine what the future could be.

“If 2030 was a time where certain things were possible, 2020 probably accelerated that path where we now need to think about those things far more intentionally,” she explained.

Getting comfortable with discomfort

The future means change, and change is very uncomfortable for many. Especially when those changes run counter to organizational planning. Tameka says that while strategic planning is never really going to go away, we can factor change into our planning easier than we could in the past.

She said that, “we have the capability to be social listeners in a way that we just hadn’t historically. While you’re in this space of planning, you also need to be in a space of listening.”

marketing strategic planning

When it comes to meeting business goals, Tameka explained that it’s still possible to apply futurist thinking. The trick is to focus on KPIs while, “making slight pivots. The plan doesn’t get thrown out the window, you’re slightly shifting.”

Learning more about futurism

Futurist thinking isn’t the easiest to jump into. Tameka’s preferred method for learning is to look at what brands are doing beyond the product or service.

“I really want people to look at how certain companies have captured the moment and how they’ve used the sentiment of the time to better position themselves,” Tameka said.

She used the example of how Twitter has been able to respond to the moment where trust and transparency are critical. She said that Twitter has been creating features that improve transparency, such as flagging questionable information. This does two key things simultaneously: it demonstrates Twitter is rising to the moment while also showing what a future of transparency might look like.

Tameka also shared some great beginner resources:

  • Prescient2050: Free resources that will help get you started learning and using the tools of strategic foresight and shaping your future.
  • Brookings Events: A nonprofit that conducts in-depth research that leads to new ideas for solving problems.
  • Futures Festival: An event that highlights principles of inclusion, plurality, and collective participation as a means to how we can move toward challenging the status quo and move toward preferable shared futures.

Want to keep talking future?

There is a lot to discuss when it comes to futurism. If you want to keep the conversation going, reach out to Tameka on her website, follow her on Twitter or connect with her on LinkedIn. Reminder: if you want all the insights from the webinar, you can watch it on demand.

watch kg connects january on demand

Join us for our March webinar to discuss B2B content!

KG Connects is moving to a bimonthly schedule for 2021. Join us in March for a discussion on how to create B2B content that puts Netflix to shame. Sign up for free.

create-inclusive-communications

The Art of Inclusive Communication

This month for our KG Connects webinar series, we dove headfirst into the power that communication holds in helping businesses become more diverse and inclusive with Kia Jarmon.

Kia is an entrepreneurial solutionist who intersects communication, culture, crisis, and community, most specifically through her leadership with MEPR Agency – a boutique communications and community engagement agency founded in 2006.

Defining diversity, inclusion and accessibility

To begin, Kia defined concepts that are essential to driving change.

While diversity is about differences, inclusion is about experience. Inclusion involves fostering an environment that is safe and welcoming regardless of experience.

When moving from diversity to inclusion, what’s often missing is equity. Before establishing true inclusivity, historic wrongs need to be made right. Policies and processes of change must be underway in order for a community to advance. 

How do companies start diversity initiatives?

When working to achieve diversity and inclusivity, there must be commitment from leadership in order to enact change. Then, companies must look externally to an expert that can help point out blind spots, and operationalize and implement practices.

It’s important to recognize visible things that are missing from an organization – whether the answers are a who or a what. For example, when employees had to work virtually because of COVID-19, many companies didn’t assess the access employees had to the right technology and connectivity. 

What’s more, knowing that conversations around diversity and inclusion will be difficult, it’s helpful to start small. Consider this moment as a time to adapt, and truly listen.

kia jarmon quote

Establishing goals

As communicators and marketers, setting goals is second nature. For diversity and inclusion efforts, businesses should look at goals in two ways: visually and anecdotally, which might not be measurable. Trust is a metric that’s hard to quantify, but absolutely important to the process.

  • Start with a conversation – Discuss the internal and external climate with employees. Whether this is as a one-on-one or in a large group, as formal training or a book club, current events constantly affect the work environment.    
  • Ensure goals are embedded into strategic plan – Goals that involve diversity and inclusion should be embedded within the company’s growth plans. If it’s not written down and assigned, it won’t be managed, measured and achieved.
  • Be explicit – Lay out how you want your teams to look, and ensure that they are reflective of the communities you serve. Remove “cultural fit” from your hiring vocabulary, and instead focus on “cultural add.” Often, it’s not an issue about finding diverse talent, but keeping them.  
  • Work together to re-evaluate company values – Discuss as a whole how the business moves from conversation to putting efforts into practice. Ensure you’re held accountable. The processes often takes a long time, as you’re reevaluating company values.

Developing external communications

Lastly, Kia pointed out what’s lacking in inclusive external communications. Media needs better visuals that accurately capture our society. Share images of what might not be considered “traditional,” such as a nonbinary person or someone with a prosthetic, and ensure you’re using actual voices. Most importantly, these efforts must be authentic and true.

When looking to understand other communities, Google is your best friend, as it can provide information into classes and resources that may even be provided locally. Nielsen and Pew can also serve as great data sources.

catch kia jarmon webinar on demand

Catch this webinar and the next!

To learn more about Kia’s perspective, be sure to catch the webinar on demand!

Next up: A peek inside the New York Fashion Tech Lab

Technology and innovation is critical to the fashion industry. In October, we’ll host Jackie Trebilcock for a look inside the New York Fashion Tech Lab and how it empowers women-led tech companies. We hope you’ll join us! You can register here.

great b2b podcast

How to Create an Awesome B2B Podcast

90 million Americans regularly consume podcasts. And B2B podcasts are an increasingly key part of that.

Listeners tend to be educated, affluent and loyal – the exact audience most B2B brands want to reach.

That’s why we were fascinated to talk with Clark Buckner, co-founder and partner of podcast consulting agency Relationary Marketing, for our July 2020 KG Connects webinar. He gave us the scoop on why B2B podcasting works so well and shed light on his five-step process for how to develop a great B2B webinar.

Does B2B podcasting work?

Yes, B2B podcasting works well for three reasons:

  1. Podcasts are intimate – When you listen to a podcast, it’s a real human speaking directly to you about something they’re passionate about and you’re interested in. It establishes a sense of shared experience that supports the idea of an established relationship.
  2. Podcasts are accessible – In the car, at work and especially streaming from smartphone on any number of apps, podcasts are a versatile medium for sharing and consuming high-quality content.
  3. Podcasts are passively consumed – While listenership has taken a small hit during pandemic as fewer people commuted, they’re still popular to consume while doing other things like going for walks, doing a workout or cooking dinner. Really, any time away from a screen provides both a captive and passive audience for podcasts.  

How do I start a B2B podcast?

Clark uses a tried-and-true formula when helping his clients launch a great B2B podcast:

  1. Content design
  2. Invite/preparation
  3. Recording
  4. Production
  5. Publishing

When viewed in a list, it’s easy to assume that each stage should be given equal consideration.

That’s not a wise approach.

Brands considering a podcast have intrinsic challenges. It’s labor intensive and rare to have all the right technology and skills internally to produce a great podcast.

Luckily the barrier to entry to podcasting has gone down as the space has matured (thanks largely to the wild success of the Serial podcast, recently acquired by The New York Times).

It’s now easier and more affordable for agencies and brands to work with a company like Relationary than to do it alone. But first, they need to master step one – content design.

What’s the first step of launching a B2B podcast?

The first step of launching a B2B podcast is content design. A lot of companies get caught up worrying about technology or guests or who will host it… all undoubtedly important questions, but not the first thing to worry about.

Clark recommends focusing exclusively on five elements of content design before stressing the small stuff.

  1. Goals – What does success look like for your podcast? Be specific about one or two goals that a podcast can uniquely achieve for you. Brand awareness, lead generation or helping existing customers get the most out of your platform are all good options. Given that you’d need 10,000 regular listeners to even consider selling ads, B2B podcasting is about relationships. Sell the mission and a belief in your team and company as trustworthy and capable partners.
  2. Target audience – Most B2B companies have highly targeted audiences. Will everyone in your consumer base pay attention to or be motivated by a podcast? Will prospects at different stages of the funnel be more interested that others? Once you know what the goal of the podcast is, you can define the audience and figure out what matters to them most.
  3. Episode structure – Will you do one-on-one interviews between a company employee and a guest? Will you have an independent podcaster lead these conversations instead? Or do you plan to only interview internal experts? You could also develop a narrative structure and tell stories of great case studies or have people you’ve helped record themselves telling a story. Options are limitless, but pick one that will work for you and stick with it.
  4. Episode frequency and length – How many interesting conversations can you really lead? How much time will you dedicate to the podcast and how much time do you expect your audience to give? Think of podcasts like a TV show, with seasons. Figure out each season’s episodes ahead of time and stick with a standard cadence and episode length. You can always change it up for season two.
  5. Title/marketing – Like any form of branded content, podcasts need to be promoted to attract attention. Figure out how you’ll recruit listeners and what kind of resources are available to bring in new listeners. Podcasts are far easier to produce than ever before, but without additional promotional effort on top of it, you’ll be sitting on great content with no listeners.

How do you go from plan to production?

With this foundation, it’s relatively easy to go through the rest of the steps as long as you have access to the right network, skillsets and technology.

Step 2: Prep

Figure out who you’re going to have on your podcast and how you’ll prep them to lead a conversation that serves your company’s goals. It’s great when your guests are the kind of experts who can talk at length about a number of interesting ideas. It’s your job to let them know what you need from them, and have a plan for keeping them on track.

Step 3: Record

Unsurprisingly, the environment you record in matters. Surprisingly, the tech doesn’t matter that much. It’s far more important to have a great environment. It’s better to use basic headphones that come with a phone and be in a quiet, confined space than use an expensive mic in an open space such as a kitchen.

Case in point: Clark usually has an office to record in, but working from home during the pandemic, he uses his closet.

Step 4: Produce (i.e. edit)

You’ll never get commercial grade quality from the raw footage you record. To polish the final product, work with a partner or invest in technology that offers sound editing and also content editing.

Don’t over-edit. You want it to sound human. Breathing sounds may feel awkward at first, but it’s elements like this that give podcasting it’s personal touch and relationship power.

Step 5: Publish

At this stage, most brands will send the final product off to their marketing team, creative directors or communications agency to help promote the material and drum up interest.

Like we said before, if people don’t know the content exists, they can’t listen and become loyal brand fans and customers.

Let’s talk about podcasts

If you’re interested in launching a B2B podcast or getting more visibility for one you already produce, we’d love to help you do it. Check out Clark’s full presentation or shoot us an email to set up a free 30-minute consultation.

woman at laptop planning PR and marketing

2020 PR Planning, Take Two: What to Do Now

2020 PR planning was derailed for many companies far too early this year. The global pandemic forced companies to scrap carefully laid business and marketing plans and adjust at lightning speed to constantly changing conditions. We’re now at the mid-point of 2020, and the question is: what comes next for marketers?

Despite the ravages of the coronavirus, we’re seeing some signs of optimism among our clients. They are focused on the future and have moved quickly to pivot their products and services to meet the uncertainties of the post-pandemic world. Companies are rethinking business models, looking for new opportunities to help their customers succeed, and aligning their marketing and PR plans accordingly.

So, how can you take your bearings and set a new marketing course for the remainder of the year?

Here are some initiatives that are a must for every company and marketer.

Re-examine your brand proposition.

COVID-19 put a pause on business as usual, but many companies are using this time to re-examine their brand proposition and the value they bring to their customers. Companies are asking if their value proposition in the pre-pandemic world still makes sense as we face the uncertainties of a “new normal” that is still taking shape.

For the B2B technology companies we work with, the challenges their customers face are sharply different now. How can their solutions help companies in a world that’s constantly shifting, and how should their messaging change to reflect that?

Forward-looking companies are taking time to re-examine their 2020 PR planning.

This process includes:

  • Re-evaluating messaging across channels – making sure that their messaging around products and services remains relevant;
  • Conducting research that helps them understand trend changes;
  • Rolling out new messages through PR initiatives, website relaunches, social media and owned content.

Innovate fearlessly.

If there was ever a time to roll out new strategies, this is it.

Some changes will be born out of necessity—the overnight rise of virtual conferences and trade shows, for example. There is also increased emphasis on content marketing, social media and earned media.

We’ve quickly made changes here at Ketner Group, too.

When business-as-usual ground to a halt in March, we launched a new webinar series, “KG Connects”. In doing so, we built a new avenue to help clients, partners and other companies explore fresh marketing ideas. It also helped us reach new audiences and showcase our expertise.

At the same time, we started monthly office hours for clients only. The private setting promotes candid conversation about their unique PR and marketing challenges. We’ve used this time to build closer relationships with our clients, and they’ve reacted positively.

Focus on the fundamentals.

Innovation is critical, but don’t lose sight of the fundamental PR and marketing activities that are important to your brand.

This is not the time to go dark on press announcements and corporate communications. These initiatives are essential for securing the media coverage you need to get the attention of customers, prospects and investors.

Are you announcing a major new product or making another significant company announcement in the second half of 2020? Be sure to check out Adrienne Newcomb’s recent blog on the necessary steps for a great product or business launch.

Reallocate your unspent marketing budget.

Remember all that budget you had earmarked for events later this year? If at all possible, use it—don’t lose it.

The cancellation of SXSW early this year was just the first of a wave of event cancellations in 2020. Many events planned for early 2021 will likely be rescheduled, too. You can reallocate that budget into marketing initiatives that will keep up your visibility. We’re actively working with our clients to help them do that, and we’d be glad to offer our strategic advice.

The key thing to keep in mind for marketing now is simple: don’t stop.

Your customers and prospects are looking to you to provide expert guidance in turbulent times. So, it’s critical to communicate with them through carefully planned and executed campaigns. Take this opportunity to re-examine your brand, innovate with new ideas and keep up your PR presence.

These are the kinds of challenges that can bring out the best in our companies and marketing efforts. With these initiatives, your updated 2020 PR planning will help you showcase that.

People shaking hands during a business meeting

CMOs and Media Relations: A Symbiotic Relationship

It’s quite possible that chief marketing officers (CMOs) have had to answer the following question countless times; “do we need a media relations program?”  

Spoiler alert… the answer is yes!

In addition to creating thought leadership and external awareness, a media relations strategy helps feed top of the funnel marketing initiatives. As well, a robust media relations program provides the sales team with additional ammunition throughout the sales cycle.

However, CMOs and heads of marketing hold the secret ingredient to make a media relations program succeed – driving the relationship.

A symbiotic relationship

During my time as an agency-side PR professional, the best agency-client relationships and most successful media programs I’ve seen have had a CMO at the wheel.

CMOs provide a holistic awareness of what is going on throughout their organization and understand the type of information that is most helpful for their customers and prospects. As such, CMOs can serve as the ideal conduit for information to flow between internal and external audiences.

Developing a strong media relations program requires knowing how your company serves customer needs and how industry trends affect the market. There’s no better person to lead that than the CMO.

Making the connection

As you position your company for media interviews, keep in mind that the CMO can serve as a primary spokesperson for the reasons discussed above. In the past, some of my clients have flagged concerns about having the CMO take interviews.

However, given their leadership over corporate and product messaging as well as customer needs, CMOs have proven themselves to consistently offer unique and valuable data and context during media interviews.

During every media interview, CMOs should look to create a personal relationship with each media contact. It’s no secret that reporters have to move at the speed of light to cover breaking news. They need a portfolio of sources they can tap to gather a balanced perspective of what the breaking news means for a particular community.

As CMOs connect with new media contacts this is a time to share the particular topics they can offer expertise on and available to discuss as news evolves.

After the interview, we often recommend that the CMO connect with the reporter. The best way is on social media, discussing recent stories, current industry trends or even funny discussions taking place in the Twittersphere. Just as CMOs do with customers, it’s about building a relationship with the media to stay top of mind.

A CMO’s media relations strategy during COVID-19

From a media relations perspective, today’s environment demands increased responsibility in the type of information we share externally.

CMOs need to take the personal media connections they’ve made and analyze how their company can further serve reporters’ needs in an efficient and responsible manner.

It’s about asking what kind of information is needed and useful for the reporter, as well as for their customer base. As well, CMOs also have the responsibility to work with their communications team and PR agency not only to align timing for company announcements with other marketing campaigns but to ensure the media and public will be receptive to the forthcoming announcement.

It’s critical to have all stakeholders and experts on hand to evaluate what is appropriate to announce and what should be put on temporary hold in the current climate.

We all hold a responsibility to limit misinformation and provide helpful commentary. CMOs across organizations can serve as guardians, conveying information that is helpful and informational in a time of crisis.

Strengthening the CMO-driven media relations program

As CMOs continue to get more comfortable with their media relations programs they can succeed by serving as conduits of information, fostering a personal relationship with media contacts and serving as guardians against the spread of misinformation.

Marketing and media relations go hand-in-hand, creating new paths of growth for a company and a powerful asset for brand building. The secret ingredient to making these programs work together lies with the CMO.

When and why press releases

The When and Why of Press Releases, and Considerations for Today’s Normal

When it comes to tracking relevant industry news as a PR pro, it’s important to read press releases in addition to what the media is already actively covering. By using an RSS feed (maybe that’s very 2000s of me), I receive the news from the source rather than reading it second hand in the media. This is helpful for a number of reasons. It keeps us ahead of rapid response opportunities for our clients and new business ideas for Ketner Group. Perhaps even more importantly, by reviewing hundreds of releases a day, I’ve learned a lot about the when and why of press releases.

Since early March when the COVID-19 pandemic became a reality in the U.S., I’ve seen the number of press releases in my newsfeed drop considerably. But for good reason. A lot of the news we’d normally announce simply isn’t important at the moment. During normal times, there are a handful of categories that press releases fall into. While press releases aren’t altogether obsolete now, there are several additional considerations that should be taken. We’ll explore all of this below.

When and Why: Customer Stories

PR professionals, particularly in B2B, often argue that customer news is the most important. Customer stories validate a vendor’s product offering and provide real-world case studies – both for the media and an organization’s broader sales efforts. You can announce customer news at two stages of the relationship. First, upon signature (a customer win) and second, once results are achieved.

Unfortunately, customer releases are also probably the most difficult to procure for most B2B clients. Customer PR and marketing teams are often hesitant to sign on to a release. Internal customer stakeholders don’t always see the value or they’re afraid of giving away trade secrets to competitors. However, customers are more likely to participate in media activities if there’s a financial incentive. Given that these stories are so helpful for replenishing the pipeline, sales teams should make an effort to negotiate these incentives during the contract and renewal process.

Considerations for Now. If your industry is operating more or less as it normally does, there’s likely no harm in doing a customer release right now. But, your media targets may be stretched and not have the bandwidth to cover the news.

On the other hand, if your industry has been largely disrupted by the pandemic and its effects, customer releases are pretty much off-limits. The exception is if the customer news is directly tied to the crisis. In that case, customer stories are incredibly valuable and the media are eager for this content.

When and Why: Product Releases and Updates

In general, product releases or updates aren’t meant to drive a huge amount of media coverage. Don’t worry, a few opportunities exist to drive mentions. The exception of course is if you have a truly revolutionary new offering. While that is rarely the case, it’s important to make product news available to your customers, prospects and investors.

When it comes to product news specifically, turn to the analyst community. Use paid analyst relationships when you can to vet your messaging and ensure the offering resonates with your target audience. If you don’t have a paid relationship, pre-brief analysts before the news is public. Friendlies might still offer valuable feedback that can help you tweak your final messaging.

Like any release, customer validation is key when it comes to product news. Again, this can be negotiated. Ask beta users to provide a quote in exchange for early access to the product. If a customer quote is off the table, anonymize any benefits or improvements from those tests or aggregate the results from a collection of customers.

Considerations for Now. Unless there is a direct application to help users manage the current situation, product releases probably don’t make sense right now. But, like customer releases, with a relevant angle, the media might be interested.

When and Why: Company News

Company news comes in a variety of forms. A leadership change, a new service offering, an upcoming event, a strategic partnership or an office opening. Like product news, company news doesn’t usually drive significant media mentions. But it’s important to make your stakeholders aware of this news.

In general, it’s important to get this news out both over the wire, on your website, to analysts and to any media friendlies who cover this type of news. Unless you represent a Fortune 500 company, you don’t need to pitch top-tier media. Don’t waste your time or theirs.

Considerations for Now. At Ketner Group, we recommend that you post this news on your websites and distribute over the wire. That way it’s on your website so customers and prospects are ensured it’s “business as usual.” By distributing it over the wire, media have access if they desire. However, we don’t recommend directly pitching the news to media. Reporter’s inboxes are overloaded and editors are directing their teams to focus only on timely coverage related to the crisis.

When and Why: Unique Research

Proprietary research. It’s the holy grail. It’s the gift that keeps giving.

For PR professionals and media alike, unique research (done well, of course) is the biggest blessing a client or solution provider can provide. At Ketner Group, we can’t sing the praises of good research enough. While it often requires a significant upfront investment, the payoff will be worth it.

A robust research study can be divided into multiple releases – not to mention multiple bylines, thought leadership pitches, social media posts, email campaigns and more. Plan to repeat the research on a quarterly or annual basis, if you can.

Considerations for Now. If you completed your research during “normal times,” you might be in bit of a pickle at the moment. But look for ways you can tie in the current situation. For example, our clients RSR and Symphony RetailAI completed a joint supply chain study just before the crisis set in.

Initially, we thought we’d need to wait on the news. However, we were able to find a tie in, identifying how “retail winners” were prepared for the current situation and others could learn from them. As a result, the news generated considerable interest and coverage. Now is also a good time for real-time research focusing on the current situation. If you have the time and budget for research now, we highly recommend proceeding.

The Nevers

While the above might not encompass all types of releases, it’s a good overview. There are also times and situations when press releases simply don’t make sense. One scenario I see way too often is a release that’s distributed over the wire that simply quotes an executive’s opinion about a particular trend or piece of news. This is a waste of money! Trust me, I’m the only one seeing it.

A short release costs roughly $400 to put over the wire. There are much better ways to get your opinions out; namely, blogs, bylines, pitching reporters directly offering the perspective for a story idea and rapid response (AKA newsjacking) pitching.

Final Press Release Considerations

In general, if you’re considering whether or not a press release is necessary, ask yourself a few questions. First, is it newsworthy? Will the media cover this news? If not, is this the best way to disseminate the news to my intended audience? Would a blog or a social post be more appropriate? And especially right now when resources are stretched, is the time and cost needed to write and distribute the release worth the return?

If you don’t know the answer to these questions, ask your PR partner. A good PR partner will always ensure that your time and money are well spent when it comes to press releases.

Don’t have a PR partner? No worries, we’re here to help.

how to address marketing through covid-19

Feel, Reflect, Create: How B2B Marketers Can Move Forward in Light of COVID-19

The world is changing more quickly and more dramatically than most of us have experienced in our lifetime. The coronavirus will fundamentally alter our lives. It is a lot to wrap your head around. 

At the same time, most of us are antsy to identify ways we can move forward. We want to keep doing what we love: creating unique campaigns, communicating with customers, driving a business forward. 

To help you move forward, we’ve identified three simple steps:

Feel: Begin at the Beginning

Before you can take action, you must understand your situation. That’s why I believe the very first thing we must do is feel. We must commit the time to wrapping our heads around the present, learning how our environments are shifting, feeling the impact COVID-19 is having on our business, our community and ourselves.

What is frustrating about this step is that, for many of us, the feeling phase may last much longer than we’d like. But because a global pandemic is a new experience for all of us, there is a lot of new information to take in, which takes time. Think of this period like you would a marketing campaign, your very first step is often to collect a lot of data. Feeling is that collection period.

Reflect: Identify the Marketing Work

Once you have taken the time required to understand your situation through feeling, you’re able to move into a period of reflection. The reflection period is all about evaluating the situation to develop a strategy for action. 

As B2B marketers, our essential question is what action can I take to help sell? Unfortunately, in times like these the old-standby-style answers are not always correct anymore. Reflecting must entail identifying what actions you can take to help sell in this new environment. Consider what you need today to support a sale in the short term and the long term. You can begin by asking yourself the following questions:

  • How is my sales cycle changing? Is my company’s sales cycle increasing or decreasing? Does it require different types of engagement? The virus could be shifting your cycle in ways you don’t imagine. Understanding how it’s changing will help you identify what you need to support it.
  • To support the shifting sales cycle, what resources do I need? Identify what prospects need at this moment. Do they need help grasping the new retail environment? Maybe you can support them with a byline article. Do they need advice on creating better digital experiences? Maybe you could offer a free consultation via email. 
  • What do people need when it comes to communication? The methods you use to communicate may need to change. If you use marketing automation, evaluate campaigns to ensure they empathetically address the situation. If you can, it may be even more effective to create tailored communication for each contact, calling some or waiting to contact others.

No matter what, you can’t go wrong by being compassionate. Asking empathetic questions and offering ways you can help will help us all identify a path forward.

Create: Develop Campaigns and Prepare for the Future

Once you have reflected on how things are changing, you’ll have the information you need to create new marketing efforts. Your sales process is likely changing. The volume and readiness of the pipeline may be altered, but your actual cycle may be decreasing or increasing as well. 

If your sales cycle is decreasing, you’ll want to focus on crafting action-oriented campaigns that can help convert prospects quickly. Dive into your data to identify which campaigns were the most effective at converting and dial those up. If an email campaign promoting an ebook has worked particularly well in the past, invest in that campaign. Just make sure the messaging has been updated to more compassionately address the current situation. If an ad on LinkedIn has shown success, maybe it’s time to re-active it, again updating the content and creative in light of the coronavirus.

If your sales cycle is lengthening because of COVID-19, it may be the right time to hunker down and invest time into big projects that will set you up for future success. Events and awards may have been rescheduled but there are things you can control. 

We’ve seen that long-form content is the backbone of B2B tech communications. Now is an opportune time to sit down and write. As a general rule, it’s good to have two to four long-form pieces of content (whether a whitepaper, eBook or research report) released per year. These can inspire blog posts, social media posts, ads, print collateral, webinars, articles, proactive pitching and even press releases. Overall, we see them help generate leads, illustrate your expertise and inspire new or ongoing campaigns.

Similarly, this could be a good time to invest in a time-intensive project such as a rebrand, website update, newsletter launch or persona refresh. 

Don’t Stop Engaging With the World

Now is our time to rediscover the world. As we feel the impact of the coronavirus on our environments, it can be very challenging to identify a path forward. But by remembering to feel first and then reflect, we’ll be able to identify steps we can take to create our new environment.

You do not have to go through this transition alone. If you are ever looking for perspective, advice or a compassionate ear, we are here to help. We’re in this together. We have your back.