Overall,
conducting a launch event to introduce a new product to the industry is
extremely effective. An organisation can earn an innovative reputation and
stand out above competitors if the event is successful. It helps the company to
reach its target market in one instance rather than spending thousands of
pounds on advertising to an audience not as specific. In the ever changing
market, the event launches a “positive and exciting product on the business
community” (perfectionsquared, blogspot, 2009). Additionally, the importance of a well-planned
campaign lies in “integrating various aspects of
marketing communications and ensuring a consistent core message to all
stakeholder groups” (Masterman and Wood, 2005, p.7). Generally, this can
increase customer value and competitive advantage. One way to help achieve this
is via press/news releases. The news release helps to front
the overall campaign and develop reader interest. However, a study has shown that 97% of news releases
are binned and unread due to various factors, shown below.
To avoid this from happening in a given business situation or news release creation, a successful press release worth being published should follow “The 5 C’s”
in order for it to be eye-catching, interesting and newsworthy for the reader(s) and the media;
CLEAR
Logical and
Accessible.
|
CONCISE
Shortest Path
with Fewest Words.
|
CORRECT
Correct Spelling
and Grammar.
|
COMPLETE
Well Rounded and
Appropriate to readers’ needs.
|
COMPELLING
Convincing/Gripping,
Focus on one/two key messages and repeat.
|
A successful news
release should “get the news angle, to the point of the story, in the first
couple of paragraphs” (Foster, 2012, p.113). It is essential that the
initial two paragraphs of the release clearly outline what message the company
is trying to put across; if it is not striking enough, the audience will not
read on.
According to Bivins
(2005), if a carefully-crafted news release follows this concept, it can “maximise
exposure for the company, grab attention of potential consumers, shape
perception and achieve retention”.
This tactic is particularly useful “to gain as much publicity
as possible in order to put the product at the front of the consumer’s mind and
differentiate from its competitors” (Franklin et. al, 2009, p.54).
The tone and style of a news release makes all the
difference between success and failure. Foster (p.212, 2012) emphasizes “put
your message across in the best possible light, the right tone. After all, that
is what public relations is all about.”
No comments:
Post a Comment