Archive for March, 2009

SOCIAL MEDIA AND PUBLIC RELATIONS

Monday, March 23rd, 2009

SOCIAL MEDIA AND PUBLIC RELATIONS

For those of us in the heart of the beast, public relations isn’t a social exercise or an academic debate – it’s business.   And like all businesses, we focus on the bottom line.   Lately, we’ve spent a lot of time discussing social media with prospects and clients, but the fact remains that very few are willing to spend any real money on social media.  There’s a lot of talk, and publicly they say otherwise, but this AdAge article expressed the reality, and for me wasn’t a surprise at all.   It reveals that, “three-quarters of those surveyed who knew their budgets said they allowed for $100,000 or less for social media tools over a 12-month period, according to the report.”

Less than $100K (which for most brands I bet is under $25K in reality) to manage twitter accounts, dabble on blogs, create Facebook pages, and tap all of the other various social media communities.  Those budgets include agency fees, so how much work can a PR agency, or anyone for that matter, really do when budgets are that tiny?

Clients need to spend more – much more – on social media to succeed.  We do have a number of clients for whom we have succeeded tremendously in this arena at low cost, but it does take some money.  Here’s to hoping that brands don’t just do interviews lauding social media, but actually spend money on it, allowing for success.

Ronn Torossian
5WPR


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FORBES LIST, PR & MEDIA

Wednesday, March 18th, 2009

FORBES LIST, PR & MEDIA

Forbes Magazine recently released its annual list of the richest people in the world, and we are proud to represent two of the remaining billionaires.  The individuals who we represent (like many successful people) are very particular about how they appear in the media, and have unique concerns about their uber-successful, relatively private personal brands.  Both of them, within a few minutes, called about their placement on the list.

These clients are individuals we must strategically position and manage carefully.  Many people at this level of wealth and notoriety have apprehensions that affect their public decisions – where and with whom they are seen, TV appearances (name in the paper is different for security and privacy than face on TV), and a healthy paranoia of the media.  Every client has unique challenges and opportunities.  Especially with clients at this level of prestige, we must always be at the very top of our game.  And every second, we need to be aware how precious time is.


Ronn Torossian

5WPR

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PUBLIC RELATIONS & BEING UPBEAT

Monday, March 16th, 2009

Before I get lost in the battles of the week, I want to take the time to share a few weekend joys that really resonated for me…

With the first hints of spring arriving in NYC, I allowed myself to take some time to clear my head.  As I’ve said before, a good run (and lots of sweat) is always a physical and mental release.  (Vigorous exercise is necessary in any economy to help maintain balance.)  After, I spent hours in Barnes & Noble reading book after book after book to gain perspective and do some mental calisthenics.  Really relaxing and invigorating.

I was also able to spend some time this weekend praying and learning.  One story I heard from my Rabbi had a great impact on me:

“When people are born, they are their purest as babies and purity is, of course, good and they should try and revert back to pure basic behavior as often as possible.  Babies cry about 300 times a day and man laughs only about 15 times a day (in good and normal times, and less in times like these).  If people can laugh a lot more, everything in their lives will be better – business, financial, personal.  Everything.”

Optimism breeds success.

And lastly, I read a very interesting story in the New York Times about one of NYC’s most successful real estate brokers.  The closing quote held special implications for me, as she said about her work, “It’s challenging; it’s interesting. It’s just not as fun.”

Ronn Torossian
5WPR

 

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SMART PR MOVE FOR DNC TO BUY RUSH LIMBAUGH BILLBOARDS

Monday, March 16th, 2009

After years of bumbling, the DNC’s marketing strategy machine is running – and running smoothly. The DNC’s new campaign, which paints embattled conservative radio host Rush Limbaugh as the face of the Republican party, is a smart PR and political move as President Obama gears up for his first public battle. Presenting this highly polarizing figure as the face of the opponent is very smart.  This, coupled with the tremendous failure of the John McCain campaign and no real face of the Republican party, allows the DNC to claim Rush as the face of the Republicans.

 

President Obama has been the media’s best friend, and they’ve been very hesitant to criticize him.  As he prepares for his first real fight, there’s no better move than to position his opponent as someone like Rush.  This PR battle is truly about the economy, but by focusing on Rush, the DNC makes it harder for people to criticize Obama’s economic policy because it creates the appearance of standing with Rush Limbaugh if they pass any negative judgment.

 

Ronn Torossian

5WPR

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ENTITLEMENT VS. SURVIVAL

Wednesday, March 11th, 2009

Employees today must realize how very difficult it is to run a company, and they must abandon all sense of entitlement.  The only entitlement one can (hopefully) expect these days is a paycheck.  There can be no downtime and no concessions – work must be at maximum intensity. Companies today are driving a car in the midst of a terrible thunderstorm, and concerned with just surviving to the next exit.  It will take incredible focus, determination and sacrifice to get there.

This means more work and no complaining.  Across the board, it’s time to repay your company for all they do.  This crisis is very real, with no end in sight.  Warren Buffett conceded that it is “an economic Pearl Harbour,” and it truly needs to be treated like a war.  With many of the smartest business people I’ve met shedding staff en masse, cutting salaries and withering by the minute, employees across the board need to be much more serving and much less entitled.  From realizing reviews won’t happen on time, to requesting less and doing more, it’s simply time to be thankful you have a job.

This week’s Shouts & Murmurs column from The New Yorker is meant to be humorous, poking fun at the extreme cost-cutting measures companies have had to adopt, but in many ways, it is scarily accurate.

Ronn Torossian

5WPR

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Previous Posts
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