Friday, July 10, 2015
Live Events & PR
Here are a few pointers on obtaining actual media coverage for your next event;
1. Promote your keynote speaker. Make sure the press knows who is going to speak, what the overall message is, and then send soundbites after the event is over (within 24 hours).
2. Be clear about a theme. When promoting the event (pre and post production), make sure you explain why it is newsworthy and beneficial to the business industry or community at hand.
3. Don’t have a self-interest. Reporters will see through awards and acknowledgements in exchange for actual media coverage. Instead, invite them for their expertise on a panel and make sure you include social media interaction as part of the event and conversation.
4. Take an outside perspective on the event. Sure, it is important to you, but why would it be important to someone who doesn’t know you? The answer to this question will mean the difference between media attendance and media coverage.
I hope this information helps you secure actual media coverage for your next big event.
Until Monday,
Velma Trayham
Monday, May 4, 2015
Donald Trump – The most successful, yet failing, brand
Friday, May 1, 2015
What You Shouldn’t Tolerate in Business
Wednesday, October 22, 2014
Why You Shouldn't Be Kind!
The challenge in being kind lies with the second type of client. It is not your job to be kind to clients, although there is a way of saying certain things, but rather it is your responsibility to be honest and deliver the raw truth. Clients can become very upset when you do this. They may even drop you for a while. Don't give in and be kind. Instead, restate what you said. Mean what you say and say what you mean.
I had one client who was a celebrity. She thought things were not moving fast enough for her in the campaign. We had many prior branding challenges to deal with. Things weren't going to move fast and I told her this when the contract was signed. Two weeks in, she started to call me every day and complain. I had no choice but to not be kind and be honest. She fired me. She fired the next PR firm and then the one thereafter. A year later, she tried to hire me again. I declined the contract.
You want to work with clients who are ready and willing to hear the truth and to do whatever it takes to build their brand and promote growth. You don't want to work with clients who expect you to be the 'yes' man or women. This said, below are my tips for delivering blunt, unkind PR advice.
1. Don't be sorry... be about shine. Don't ever apologize to a client if you have nothing to apologize for. They may want to hear 'sorry' but this isn't something they are entitled to hear.
2. Back up your words with facts and data. It's hard for clients to blow off your points if you can back them up.
3. Have an exit strategy. If you know a client isn't willing to change, figure out how you are going to exit the relationship within the contract's terms.
Until next time,
Velma Trayham
Friday, August 29, 2014
Do You 'Weekend' PR?
I know many retainer based firms like to charge double their hourly rate if they have to attend, coordinate, respond to questions, or do anything else starting at 5pm on Friday night until 9am on Monday morning. I can't figure out why a rate would double on a weekend when clients and publicists understand the concept of continued news.
I bring this up because someone recently asked me if they should hire a flat rate firm or a retainer-based firm and if there is a difference in work quality. Well, quality of work differences are usually based on the firm's experience and customer service practices, not rate. I know of some very reasonably priced PR firms that offer top-quality services. I can also provide you with examples of $400 an hour corporate PR firms that delegate their staff more to the golf courses than the client accounts.
Either way, if your PR firm is going to charge extra on the weekend then you have a problem. PR issues don't stop at 5pm on Fridays, especially in the entertainment business. If you are seeking to hire a PR firm, make sure you factor this in when hiring a weekend-driven retainer firm. If you are a publicist just starting out, know that this is where your competitive advantage begins!
Until Monday,
COCO the CEO
Wednesday, August 27, 2014
Things to look for in a business partner.
Friday, August 22, 2014
PR and Results
The problem I always face with new clients is a lack of understanding as to what media results are and how they factor into sales. For example, if I have a client who sells cars and we book him as a car sales expert on every local show available, that same client is going to expect his car sales to jump through the roof in the next few weeks. The truth, however, is that this isn't going to happen. One interview, or ten interviews, will not impact immediate and direct sales.
What will happen is a buyer will start to hear of our client through all the media channels. Plus, these media channels are picking up the client without paid advertising, which makes the client more creditable to consumers. When, and only when, the client is ready to buy a new car will he or she remember and then consider our client.
Immediate results for publicity by way of clippings and appearances do not often equate to immediate sales. This is an important fact that many new publicists fail to council their clients on. As we head into the end of the week, consider what you accomplished this past five days. Did you send out major pitches and campaign pushes? Did you call media outlet after media outlet? Did you get results? Chances are no. We who are in the industry know things take longer than often planned, but do our clients?
Until Monday,
Coco the CEO
Tuesday, May 6, 2014
Think Yourself Rich
Thursday, April 17, 2014
Obtaining Trust in Business.
Wednesday, April 16, 2014
Dealing with Negative People
Tuesday, April 15, 2014
The New Business Owner, Common Mistakes
Monday, February 3, 2014
When it’s Time to be Brave!
Well, there is a big difference between wanting to quit your day job to follow your business-ownership dreams versus actually being able to do it. In fact, the difference is financial ruin.
I tell my clients to prepare for the worst and expect even worse. This, in my opinion, is the best way to be truly prepared for all the unexpected situations business ownership will deliver. We don’t live in a perfect world and your business isn’t going to run this way either.
It is vital for you to have a year’s salary put away. Make sure this salary covers paying your bills, mortgage, paying for food, family needs, entertainment, + 6 months of an emergency fund. Additionally, you need to have 1 year of business operating expenses put aside. Don’t forget to include your startup costs and another 6 months of a business emergency fund.
Typically, this means you need to have around $200,000 cash on hand to really operate a business (and survive) for the first year to year in a half of being in business for yourself. Don’t forget the golden rule- most businesses don’ts tart making a profit until two to three years in, which leaves a gap of 6 months to a year where there is no cash flow… what will you do then?
You see, it isn’t wise to quit your day job until you are prepared to lose a lot of your saved cash (or other people’s money). Ask yourself right now if you’re willing to take this risk. If you’re answer is “no” then it isn’t time for you to be brave and quit your day job.
Until tomorrow,
Coco the CEO
Wednesday, January 29, 2014
The Best PR Gift You Can Give Yourself.
This is a catch-22 situation, however, because it isn’t true that all press is good press. You can ruin your brand if you’re constantly showing up to step and repeats for the sole purpose of having your photo taken. You have to do something that shows value, otherwise the controversial move you will create will-indeed-only last 15 minutes.
If you’re going to take the plunge and do something controversial to up your media value, make sure you have a product or purpose to back it up. Otherwise, that quick value you create will not result in any actual sales.
Until next time,
Coco the CEO