Archive for December, 2007

ANXIOUS? YOU SHOULD BE… IT’S GOOD FOR BUSINESS !

Monday, December 31st, 2007

Read a great article in Sunday’s NY Times Business Section (Page 15), entitled: “Anxious ? You Should Be. Its Good for Business,” by Robert H. Rosen.

I agree… and have found that a healthy mix of anxiety and nervousness have spurred our growth and success.

Some excerpts :
- The success of great leaders is all about creating just enough anxiety – within themsleves and their organizations – to unleash the energy that drives powerful leadership, accelerates growth and helps companies succeed.

Too much anxiety and nervousness is harmful – a healthy mix is good.

Here’s to a great 2008.

2007 is over – Its all about today and tomorrow.

Ronn Torossian

5W PR

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PR ADVICE: AN ADDITIONAL USE FOR GOOD MEDIA…

Thursday, December 27th, 2007

Many people ask us “What Do We Do With The Hits Once They Come Out”: It’s been said that: “Articles are often more valuable after they are published than when they were first published.”

Recommendations: Use & Utilize a PR book. Select an attractive three-ring binder and place the company name and logo on the cover. Insert every product’s marketing article and include a copy of the magazine cover in which the article appeared. Place it on the CEO’s desk for important visitors to view. Also make duplicates for other C-level executives and sales managers. Visitors can see the book immediately and be impressed.

Frame reprints and line your walls to impress visitors – Post articles on company Intranet to boost employee morale.

Courtesy of O’dwyer’s Magazine, 25 ways for increasing the value of articles:
1. Create a publicity book that can be shown to editors, prospects, clients, or investors
2. Frame feature articles and display them prominently in your reception area
3. Mail copies to past and present customers
4. Include articles in your salesperson’s presentation book
5. Include articles as part of direct mail pieces
6. Use articles to handle sales objections
7. Send articles to existing dealer and manufacturer’s rep networks
8. Send articles to potential dealer and manufacturer’s rep networks
9. Make a prominent display of your articles in your trade show booth
10. Use the articles to establish credibility among you telemarketers
11. Many publications present awards for best products in various categories
12. Use the fact that you had articles written about your products in display ads
13. Use published articles to open doors when key prospects will not see you
14. Send articles to your banker and to key vendors
15. User articles to lure key staff away from your competitions
16. Send articles to your best customers
17. Use articles to send to opinion leaders
18. Use articles to get people who want to buy your company to pay your price
19. Use articles to get other companies to affiliate with you
20. Send articles to public officials in your area
21. Send articles to authors of books on subjects relating to your industry
22. Display your published articles on your website
23. Use your articles to get more articles published in other publications
24. Use your articles to stimulate word-of mouth
25. Place articles on appropriate public bulletin boards in your industry

Ronn Torossian

5W PR

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WORLD HAS CHANGED : PR AGENCIES HAVEN’T

Tuesday, December 25th, 2007

Below is a very interesting concept I just came across and wanted to share. I don’t know the person who posted this but he says many wise things, and I believe we are among the few PR agencies our size with such a wide understanding of Web 2.0, social media, etc…. and I wont call it “new media”, it’s the media today. Media 2008.

http://blog.willmcinnes.co.uk

World has changed: PR agencies haven’t

The NMK event earlier this week was well packed with most of the major tech PRfirms represented – Edelman, Bite, Hotwire, Midnight, Harvard, Porter Novelli, Liberate, plus some online PRboutiques like Immediate Future – and a smattering of key players (all, notably, bloggers. Q: Were they influential first and then blogged or did they blog and become influential??? Either way the pairing of influential and blogger was clear.).

The brief was to discuss how disintermediation and the tools in the hands of the clients, enabling direct and untrammelled access to their stakeholders, their markets blah blah blah 2.0 etc, was changing the role of PR and particularly agencies, hence the agency community out in force.
Like true agency pros we didn’t particularly stick to that brief, but there was a good chatter between the audience and the panellists Roger Warner, Sarah Ogden, Drew Benvie and token non-PR person, me.

I spoke to a couple of seasoned online-savvy PR bods afterwards, and they didn’t feel they’d learned anything. Education wasn’t the objective. What we wanted to stimulate was a debate about where PR goes from here – and I particularly wanted to put forward reasonably well-argued challenges only to be smacked down by a room full of vociferous PR people (50 odd people).

It didn’t happen. There was no fight back. The only responses that had a positive ‘PR’s fine’ outlook, for me, smacked of self-comforting hiding behind the cozy blanked of yesterday:
PR’s always evolving’,
‘things haven’t changed that much – clients still want XYZ’,
‘Would HSBC have done their turnaround if the mainstream media hadn’t picked the story up from Facebook?’.
Yada fucking yada.

Where’s the dynamism? Where’s the opportunism? Where’s the ‘we’re picking up the mantle and have done this for these guys, we did this other radical new thing for these guys, we partnered with this little boutique to deliver something entirely new in this area, a first for PR’ etc etc. It didn’t exist.

It was the same old same old and frankly it was disappointing. I’d have been ashamed to have heard a similarly spineless defence from the digital community or from the marketing community (the two camps I’m caught between).

So I wanted to take the time to discipline my higgledy-piggledy challenges to the PR community, who I do feel warmly towards in the main, to be structured and clear about those challenges that I sincerely believe exist.

PRwill NOT die at an industry level. That’s plain stoopid.Change is already happening and will accelerate for PR as a business function. Stakeholders, influencers, messages, communication and reputation are becoming more important not less important so the demand for PR is rising.
However, this IS a change or die warning for the agencies with the PR world, for the organisations and consultancies, and within them especially, for the traditionally structured account teams.

Challenges for the PR agency community:
1. You are dated and at risk in your current form
2. You lie about your understanding of and ability to deliver in this new world
3. You market is being encroached by the wider agency community
4. Yet your core abilities are needed now more than ever

One by one -
1. You are dated and at risk in your current form
The traditional team mix of client-facing execs, managers and directors in a leveraged pyramid model is increasingly dated. There is a particular need now for multi-disciplinary teams.
My argument is that the terrain is now impossibly broad to be covered by traditional divisions only e.g. Tech, or Consumer. Within Tech the various media worlds are different enough that a good PR tech team should include a very deep, focused specialist in online – nicking the smart focus from Immediate Future’sbusiness model but in a per person way. I know the retort here will be ‘well Tom tends to more of that, and Mary does more of this’ but what we need here is explicit out-and-out focus, deep expertise learnt over time, an intuitive feel for the norms and quirks of online ettiquette and superb antennae for what’s buzzing on the network.

Furthermore, beyond specialised PR pros all agencies now need analysts on board. Yes, digital’s great because it can answer the measurement question better than ever, but clients are fundamentally exhausted by and lost in a quagmire of available stats.

Imagine if in a pitch situation you can present an analyst who works at account team level (not in a backroom never to be seen) – this is a hands-on person working with the client servicing team on a daily/weekly basis feeding the team with insights. This addresses the measurement question properly. It also defends against my point below no.3, the encroachment of more analytical agencies into PR‘s rightful (historicallly at least) domain.

This fundamentally adjusts the time horizon of PR campaigns towards ‘business at internet speed’ – something that PR and the media does better already than pretty much any other marketplace save finance. But there’s room still for big improvements – note the Telegraph’s reconfiguring of its whole businessto accomodate the change in pace and blend of media consumption. Why shouldn’t agenciies be doing the same?

2. You lie about your understanding of and ability to deliver in this new world
I am on recordas congratulating the PR industry as embracing the new online world better than most. Yet I have found, consistently, that PR people talk a good game about ‘web 2.0′, ‘user-generated content’ and ‘bloogging’, but that it’s almost all bullshit and hotair.

Most PR people I know and have asked are not heavy users of RSS – in fact in a recent session at a London PR agency I found that 3 consultants of a group of 9 did not use RSS on a daily basis to manage their campaigns. Shocking. Same for social bookmarking – a fantastic tool for collaborating inside an agency, and for servicing, educating and delighting clients.
What I was hoping was that the PRs blogging and getting stuck into social media were the tip of the iceberg and that broader, slower shifts were also occurring further down the ‘berg. Not so. It seems there are PR digital-haves and digital-haven’t-a-plucking-clues. It turns out the only ones that do really get it are those that publicly participate – the few high profile PR bloggers, almost all in that room that night.

At the moment these buzzwords are nothing more than a bullet point on a powerpoint pitch to a prospective new client, nothing more than a grin and a nod and a ‘yeah we do that too’.
Agencies need to either develop, encourage and train willing consultants to lead their internal digital drives, or better and quicker, achieve a step-change by hiring in digital talent. And this can happen in exciting ways – note Mat Morrisonheading to Porter Novelli (a direct swap for Antony Mayfield
who we digital types nicked from Harvard a year or two ago!). [Note - sorry Mat, you said not to mention who you're with now but everyone else has already 'broken' that story. PR eh?]

3. Your market is being encroached by the wider agency community
Whilst the trad agencies noodle along (and the digital trad agencies and divisions talk a better talk, but fundamentally still don’t evolve in pace with the wider changes in the environment), other agencies are stealing your market.

SEO agencies are all over your rightful turf online.As they set up social media practices and hire PR professionals like Antony, they threaten you. Deeply. At Nixon McInneswe’re finding that more and more of the website design and build projects we do are involving an element of determing brand architecture, or are catalysts for rebrands – not our rightful terrirtory. But for clients at CEO, CMO, head of marketing-level, digital is increasingly leading as the heaviest used and therefore increasingbly most important marketing asset. Strategy is being set by the digital table. (Drew kicks off a nice discussion of this as the elephant in the room – I did mention it at the talk, but I guess it got lost in the conversation).

And technology measurement providers and buzz monitoring players like Onalytica are getting paid to do the measurement you never quite cracked and claim they can measure influence, sentiment and other core constituents of the PR mix.

Look around you, guys. The pen is closing in around you.Ged Carroll, a PR man, says that he would get Poke London (a creative digital agency) to set the strategy, and that they were stronger at researching stakeholders, audiences and then telling powerful stories, and that he’d then present that to a PR partner for ‘implementation’ aka the legwork. ‘The strategy’s done guys – now go to work…’ – is that what the PR community wants for its future?

4. Yet your core abilities are needed now more than ever

This is the biggest business opportunity for PR firms.I sincerely believe in a tumultuous thundering sea of networked conversations, happening globally, 24/7/365, where reputations are made and lost and shared in seconds with many others, where campaigns rise and fall within online communities, where democratised news flows freely, WE NEED WHAT YOU OFFER MORE THAN EVER.

The online PR boutiques like Immediate Future, Headstream and Cake (who I hadn’t previously heard of) get this.

It is the biggest hugest bestest biz opportunity for you.
We need people that understand:
listening first, before talking
points of view
angles
reputations
crisis management
how to be a spokesperson
consistent messaging
influence, and clusters of opinion
engagement and influence over broadcast and control

That’s what I think.And I from chatting on Tuesday, I think the PR community is in denial, is losing it’s seat at the big table and it needs to wake up and revitalise its structures, services and products to reflect the step-change that’s happened. Yes, you’re always evolving, and yes, you will eventually, but what about now. You’re out of date.

Ronn Torossian

5W PR

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2007 IS COMING TO AN END… BUT MEDIA RELATIONS IS NOT

Monday, December 24th, 2007

What a year it’s been for 5W Public Relations. This year, our 5th Full year of existence will culminate in us being one of the 20 largest independent PR firms in the U.S.

We have used this year to grow – I hope smarter than ever before. We really spent a lot of time perfecting internal systems and mainstreaming operations. I expect our employees, clients and the industry will see tremendous changes in 2008 as we continue to strive to be the best PR Agency in the U.S., and in NYC.

2008, a few predictions in the PR & Media World:

Public Relations as an industry (despite all signs of an economic downturn) will continue to experience rapid growth. With the decrease of traditional advertising (For the record, I for one don’t believe advertising is dead), corporations will increasingly value PR. I expect more and more dollars will be devoted to securing positive media coverage and strategic communications outreach.

Social Media will continue to grow as bloggers and influencers will continue to receive press releases and agencies will struggle to figure out how to pitch the Myspace’s, Facebooks and the like. Web 2.0 isn’t going anywhere… and BTW, it’s not “New Media” it’s called the media. That’s the reality of 2008. It’s part of the lexicon.

Economic Downturn will mean increased reliance on media relations. When the economy goes south (and all indications point to such… the question is how much), corporations cut PR budgets. The trick as a successful agency is to garner specific results. Ask clients what they expect, and deliver.

Every year, people ask me why we are open the week between X-Mas and New Year’s, and every year I answer the question the same way: “Are Newspapers Published That Week? Does TV continue to run?” As long as those answers are yes, we will continue to be open… and I love that most of my competitors are closed.

5W Public Relations – Continue to grow and do great work. We continue to strive to be the best PR agency in NYC and the U.S.

Ronn Torossian

5W PR

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MUSIC, SPORTS, PR AND RELOCATION

Thursday, December 20th, 2007

On the eve of 5W Public Relations’ office move (around the corner to a 22,000 square foot office….), some random thoughts:

Wow has the Spears’ family crashed and burned, I did a number of media interviews today, including my favorite quote: ‘‘Frankly, I don’t see any ‘Spears Family Christmas Prime Time Specials’ being sold into syndication anytime soon. … If Michael made LaToya look like the normal Jackson, Britney might be the Spears with the better moral judgment.”

Professional Sports as a whole has taken a major beating in the PR category in 2007 – This was the year that we see asterisk placed next to all records of this decade’s greatest pitcher (Roger Clemens), and greatest hitter (Barry Bonds). I think sponsors are still somewhat undecided as to how to respond – Steroids certainly isn’t dog fighting.

We are moving tomorrow… and any entrepreneur who isn’t nervous… is nuts in my book (although all entrepreneurs need to be somewhat nuts by nature.).

Ronn Torossian

5W PR

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MY PR FIRM LOST A PITCH….GOOD!

Sunday, December 16th, 2007

We lost a new business pitch on Friday… and I am happy.

This potential client came in – Outlined a $7K per month budget and certain expectations – Extensive strategy (including a day off-site at the client’s office), endless media placements and oversight by a very senior team member. This for a 3 month “test” period as they had never before used a PR firm.

They came from another firm’s office who had promised them this. They were amazed when I told them we wouldn’t meet the other firm’s offer and in fact weren’t interested in their business. We wont invest time in a client with unrealistic expectations (and sometimes in my business a better client is one who has already been burnt by a competing PR firm who over promises). We are brutally honest and deliver what we promise.

All clients aren’t right for us.

Our clients value:

Substance over style (Hits are what we should be judged by – Not the length of our activity reports)

Results over process (We build our client’s business and view PR as strategic and part of the sales process – Not fluff)

Hands-on over BS (We are always accessible and tell the truth – Even if you don’t like it)

One of the toughest things for us as we grow is realizing what clients are a fit for 5W PR – The answer: Clients that value our opinion – Clients that want results, and take chances.

All business isn’t good business.

Ronn Torossian

5W PR

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THANKSGIVING – NEW YEAR’S… BURIED @ WORK

Friday, December 14th, 2007

Every year I am amazed at just how busy the time period between Thanksgiving and New Year’s is. Every other industry seems to be super slow and for me 16 hours a day during this time period isn’t enough. Everyone seems to want to meet…. All decisions are instant.

Is it because marketing budgets are finalized only post Turkey Day ? People are planning pre vacation for 2008 ?

Really I don’t know… but it’s a surprising, amazing (TIRING !) phenomenom.

Ronn Torossian

5W PR

(8 PM… at my desk since 8 AM… and at least 2 hours still to go)…

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HOW TO LOVE WHAT YOU DO IN PUBLIC RELATIONS

Friday, December 7th, 2007

Today was one of those days…

Started at 6:15AM on the treadmill… was working pre 8 AM. And it’s 10:50PM and I still haven’t had 2 minutes free all day (and am now working at home still in my suit on the computer)…

Meeting after meeting – Client crisis after client crisis. Call after call.

I have 7 (personal) voicemails on my cell I still haven’t checked from yesterday…

Just a long bone-tiring day…and it starts again tomorrow at 7 AM…

December every year is probably my busiest month of the year… Really amazing.

Tiring: Yes

If you don’t love what you do, you can’t be great at it. If you won’t sacrifice (A LOT) don’t be an entrepreneur…

Ronn Torossian
5W PR

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