Tuesday, December 14, 2010

Is the Press Release Dead?

There was an e-mail or blog posting which went around a few weeks back asking if PR was dead. That seemed to raise an ire within the PR and marketing communities and I believe the general answer is that PR is most certainly NOT dead. Still, one can't help but wonder if it may be sick because certain sickly elements of it give it the appearance of death.

Case in point is our old friend the press release. Many a PR person has burned the midnight oil waiting for a C-level executive to make sure that the i is dotted and the t is crossed. One thing is certain and that is that senior executives love to see a good old fashion press release. They love to pontificate like a prophet from the hill top, extolling the ignorant masses with the blessings of their brilliance.

What is shocking is that from a cost perspective the press release often is a huge money loser. Consider that most distribution services charge you for every word after the first 500 and the first 500 usually only get you past the headline, sub head and maybe the introduction paragraph. Very rarely do the bean counters want to stop a senior level executive from having their pulpit and thus most press releases cost between $1500 and $2000. The saddest part of all is that no one outside the organization is reading them!

Yes that is the sad and true fact. Information both anecdotal and factual indicate that the news media do not read news releases and choose not to receive information for the news they cover from them. Modern technology has allowed press releases to be distributed via Google and other aggregate services so people are seeing them, the level of penetration and how much information is being absorbed still remains questionable. Sadly, the more this becomes apparent, the more we seem to double down on the press release.

So back to the initial question is the press release dead? Well not entirely. Contractual and regulatory requirements plus the the need to distribution information will always require some form of the press release. What needs to be changed is how the information is distributed. For one thing, try a mental exercise. Ban the use of the term press release in 2011. Instead substitute the term news release. While this may be an exercise in semantics, it can also force people to think long and hard about what they really want to say versus putting every iota of information that crosses their desks.

Secondly, once you have adopted the term news release, try putting a hard cap on the number of releases issued. Say for example you agree to 6 per quarter. This will allow you to focus on the most important news and not on the trivial. Secondly, you can focus on delivering your message to key spokespeople and not simply drafting, approving and distributing a release. Lastly, you can significantly cut the costs of your PR operations and deliver results which will have an increased ROI and thus make PR a more significant player in your organizations marketing programs.

The press release is dead in 2011. It's offspring, the news release its younger and more productive offspring the news release. By focusing on news and choosing information which will raise visibility, strengthen the brand and ultimately sell more products we will create a strong and more responsive PR operation. PR does not stand for press release!

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