| By Todd
Brabender - Spread The News PR, Inc. When starting a successful business
venture or launching a new product, most entrepreneurs or business owners conduct
some type of marketing research to determine the extent of their prospective customer
base. And when getting the word out to that customer base, many entrepreneurs
may turn to the media to help generate a buzz for them. However, as detailed as
their marketing research might have been, very few business owners are as meticulous
at determining their proper "media market" that is, all those
media outlets whose editorial profiles are a match to a product/business profile
and would be appropriate for generating media exposure and publicity. One
of my favorite things to do is educate my clients about their "media market."
Consider this, in North America there are more than 75,000 media outlets and almost
one million reporters, editors & producers in the entire media market. However,
only a small percentage of those may be appropriate and applicable to your business/product.
But which ones? Unfortunately, too many well-intentioned entrepreneurs are either
uninformed or misinformed regarding what it takes to attract media attention for
their business. I recently surveyed 100 business owners and entrepreneurs who
contacted my business about a publicity/media exposure campaign. Here's what I
found:
11% - "Are Admittedly Media
Market Clueless" 19% - "Have Unrealistic Media Market Perceptions" 29%
- "Think Local & Large Media Are The ONLY Media" 41% - "Have
A Good Grasp On Their Potential Media Market And Its Benefits" Here
are the descriptions of these categories and the lessons I try to teach those
who fall into each category: 11% - "Are
Admittedly Media Market Clueless" These are the business owners who know
their product and market inside and out, BUT they have never thought about launching
a publicity/media exposure campaign before now. They know very little about their
potential media market or how to generate publicity therein. The
Lesson: For these types of business owners I recommend asking for help from a
smaller PR agency or publicity specialist who is willing to "hand hold"
to get the client educated. Research to find one who doesn't mind spending the
time to educate you about what should be included in your specific media market
and the pitch. Make sure the agency or publicist understands the product/business
as well as you do and can in turn educate you about your media market one
that will be able to benefit your business for years to come. 19%
- "Have Unrealistic Media Perceptions" These are the business owners
who are CONVINCED that EVERY newspaper, consumer interest magazine and TV show
will run a feature on their new products when they launch a publicity campaign.
The
Lesson: No product or business, no matter how big or great can be assured media
coverage in every outlet in a media market. But you can get coverage in a good
number of them given the right media tending. Every media pitch will be weighed
against the media outlet's editorial lead-time, its available editorial space,
and availability of an editorial staff member to cover your pitch. It is totally
up to the discretion of each media outlet as to whether your pitch makes it to
the pages or on air. It can be an uphill battle if you target the wrong media
with the wrong message. But you can greatly increase the chances of generating
those media placements with a little expertise and media market know-how. 29%
- "Think Local & Large Media Are The ONLY Media" These are the
ones who think of their media market in two simple terms: LOCAL & LARGE. LOCAL,
as you might imagine, means the media outlets in their city or surrounding geographic
region -- the local newspaper, a regional business magazine or two, a few shows
at local radio/TV stations. LARGE, on the other hand, are media outlets like The
Wall Street Journal, Newsweek, Good Morning America, Oprah or your other favorite
large circulation, trade specific media outlet. The
Lesson: The reality is local and large are indeed part of your media market, but
not the only ones. The best media market opportunities may well be the dozens
of other smaller scale papers, magazines, newsletters or TV/radio/cable shows
that may generate more customer interest and sales than a placement in the big
media might. Because of a lack of media market knowledge, many business owners
don't even know these smaller, more targeted media outlets exist. This is where
a PR agency or publicity specialist can be integral in your publicity campaign.
They know the media market very well and will be able to find those media members
who will be the best for generating editorial features on your business or product.
They also have great media contacts that can turn one feature into a syndicated
story that runs in multiple media outlets nationwide. 41%
- "Have A Good Grasp On Their Potential Media Market And Its Benefits" These
are media-savvy entrepreneurs and business owners who are realistic and knowledgeable
about how the media can benefit their business. They know that they have to narrowcast
their media pitch to a select segment of the media in order to get coverage that
will increase exposure for the business. The
Lesson: Don't let a PR agency or publicity specialist tell you they will send
your pitch to 20,000, 30,000 or 50,000 media outlets. The reality is, of the 8,000
daily & weekly newspapers, 11,000 magazines & newsletters, 15,000 radio/TV/cable
stations and 7,000 Internet news sites in North America, only about 25% of those
accept press releases from outside their geographic area. They cover only LOCAL
issues, businesses and products, and it is a waste of time to target them. The
key is researching to discover which media outlets will be receptive to your pitch
and knowing how to parlay those media contacts into positive consumer interest
features that will educate and entice customers about your product or business. Just
like marketing to find the right customers, one should be equally diligent about
finding and pitching the right media market. Bottom line whether you have
a general interest product that has widespread consumer appeal or a trade specific
business with a very narrow customer base, knowing your appropriate media market
can mean the difference between product/business publicity or product/business
obscurity. Todd Brabender is the
President of Spread The News Public Relations, Inc. His business specializes in
generating media exposure and publicity for innovative products, businesses, experts
and inventions. SpreadTheNews.com todd@spreadthenewspr.com (785) 842-8909
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