Cornerstone Leadership Solutions loves entrepreneurs. They are innovative, authentic, and live in a culture of ownership. The staff at Entrepreneur Magazine month and month put together great material to grow entrepreneurs and leaders. Enjoy this article from them.
By Entrepreneur Staff
Just what is
public
relations? And how does it differ from
advertising? Public
relations is the opposite of advertising. In advertising, you pay to have your
message placed in a newspaper, TV or radio spot. In public relations, the
article that features your company is not paid for. The reporter, whether
broadcast or print, writes about or films your company as a result of
information he or she received and researched.
Publicity is
more effective than advertising, for several reasons. First, publicity is far
more cost-effective than advertising. Even if it is not free, your only
expenses are generally phone calls and mailings to the media. Second, publicity
has greater longevity than advertising. An article about your business will be
remembered far longer than an ad. Publicity also reaches a far wider audience
than advertising generally does. Sometimes, your story might even be picked up
by the national media, spreading the word about your business all over the
country.
Finally, and most important, publicity has greater
credibility with the public than does advertising. Readers feel that if an
objective third party -- a magazine, newspaper or radio reporter -- is
featuring your company, you must be doing something worthwhile.
Why do some companies succeed in generating publicity while
others don't? It's been proved time and time again that no matter how large or
small your business is, the key to securing publicity is identifying your
target market and developing a well-thought-out public relations campaign. To
get your company noticed, follow these seven steps.
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