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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
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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:
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 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. Visit http://www.spreadthenewspr.com
March 18, 2003
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