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Enter Awards And Boost Your PR Coverage

July 12th, 2011

The editors who decide whether to publish your news are sometimes too busy wading through the badly written, irrelevant or otherwise uninteresting news to give your well-written, well-presented, timely news the attention it needs to get published – especially if your company doesn’t have a widely recognized name brand. And now this wave of sub-par news material is also flooding their Twitter, Facebook, and LinkedIn accounts. If you want to be sure your product or service gets the editorial attention you know it deserves, submit it for an award.

Best Recycling Container Meese Orbitron Dunne Co.

Winning awards such as this Best Recycling Container award yields a credible logo that may be used in your marketing materials forever.

While some busy editors may delete your press release even before reading it, they’re quite careful to review entries to their awards programs. In many cases, these editors have personally conceptualized and developed their awards programs, they have sold the idea to their publishers and have an interest in the program’s success. They’re actively seeking products worthy of an award and will devote time to reading about your product when presented in this format.

Some awards programs charge a fee to enter, others are free. If your product wins then you’ll enjoy a wave of publicity that generates qualified leads and boosts credibility while providing an award logo for use on your Web site, in your brochures, advertising and in other materials – forever. The nomination alone provides material for your social media program. And the photo of you taken with the award at the black tie gala will be the talk of Facebook. But settle down. It’s more than likely that your product won’t actually win the award, which is fine, because the goal is simply to capture the editor’s attention, which you will. And if the award entry is well written and well presented then your next press release will likely get the attention it rightfully deserves. Then you’ll not only get the publicity you need but you’ll enjoy having an editor actively seeking your material month after month.

Here are several awards that might be worth entering for your company:

Plastics News Process of the Year

Processing’s Breakthrough Products of the Year

R&D 100 Awards

Chemical Processing Vaaler Awards

Medical Design Excellence Awards

Bizbash Event Style Awards

ISRI Design for Recycling Awards

IADD Awards

Call epr for entry preparation guidance at 908-479-4231.

So Much Focus on the Medium, Don’t Forget the Message

June 27th, 2011

Many marketing professionals obsess about finding the ideal mix of advertising, direct mail, publicity, social media, email, TV and other media – the “media mix” per advertising textbooks. Certainly, it’s effective to use several different channels but many of these marketers seem so focused on the medium and the ratio that they forget about the message – they forget the reason for all of their pondering, theorizing and calculating is to deliver a sales message.

When faced with lackluster response they conclude, “advertising doesn’t work,” or “direct mail doesn’t work, we tried that.” “Next time, we’ll focus a higher percentage on publicity,” for example. It’s easier to blame low response on the decline of print media readership, the use of email spam filters or on the consumers’ short attention spans than it is to blame the strength (or weakness) of the message.

If the case for the product/service is so strong that it’s worth manufacturing and/or selling then maybe it wasn’t presented or described as effectively as it could have been. Maybe the message wasn’t integrated or leveraged effectively across the multiple channels. Many marketers overlook that a wide variety of different factors beyond the media mix affect the response rate and that the method of message delivery is but one of these factors, despite the disproportionate amount of attention it’s often given. Consider these other factors:

  • Does the product/service meet a need?
  • Does the message clearly solve that need?
  • Does the visual design capture attention and support delivery of the sales message?
  • Does the copywriting hold attention and lead to a response?
  • Is the message being delivered to the right audience?

Imagine a financial planner obsessing about the ideal asset allocation ratio among stocks, bonds and cash. It isn’t enough to conclude that 50 percent of assets need to be in stocks. To be successful, the planner needs to know in which stocks. For marketers, it isn’t enough to conclude that the budget needs to be allocated among different channels by a given ratio. There’s more to it than that. Marketing success demands the right message is delivered to the right audience with the right presentation at the right time. And that’s true whether the message is delivered by advertising, direct mail, publicity or any other channel.

How to determine the ideal media mix to follow in a separate post.

Readership Down: Dumbing Down Speeds Media’s Demise

May 27th, 2011
epr Marketing Blog post on dumbing down business media

As business media dumbs down its content, it turns away readers and its advertisers quickly follow. Thanks to the unknown artist who designed this maze.

I was flipping through New Jersey Business yesterday and found an article offering Internet marketing tips from a Web developer I’ve known for many years. Looking forward to reading some pearls of wisdom, I quickly grew frustrated that a guy I knew to be quite knowledgeable had obviously been asked to provide a basic overview of simple tips that would be useful to the uninitiated. It occurred to me that this exemplifies why print readership continues to plummet along with its ad revenues. When it comes to business owners and the Internet, very few people are still in the uninitiated camp and simply feeding dumbed-down versions of otherwise useful information nullifies any potential value. It becomes uninteresting and readers become less eager to open the magazine when the next issue arrives in the mail, convinced that nothing of value is inside.

This type of basic information is already available online, by email and by other e-vehicles for free. Nearly any business professional who is a member of the New Jersey Business & Industry Association (NJBIA) and therefore a New Jersey Business recipient already knows the basics of the Internet. They know about social media. They’re ready to read something with more depth and this author would’ve been able to provide it in clear terms that any business person could understand.

If print magazines, newspapers, and any publisher for that matter – print or online – want to be relevant, their editorial departments need to continuously provide useful information that actually helps their readers. Rather than dumbing down their information, I’d suggest they ramp it up with details and insights and challenge their readers to think, to learn and even to reflect or take action after finishing an article. That’s how a loyal readership is developed. And a loyal readership attracts ad revenue.

“A Must Read!” Review of Economics In One Lesson

April 12th, 2011
Read Economics in One Lesson by Henry Hazlitt now

Economics In One Lesson offers obvious policy solutions to today's chaotic economic conditions.

I read Economics in One Lesson by Henry Hazlitt more than a year ago with my then 10-yr. old son. The knowledge in it is so profound that I’ve put off writing this review for fear that I could never do it justice, and I’m sure I haven’t. But there’s no time to wait – you need to read this book now.

Having read a number of books about economics and banking, history and politics, I believe that Economics In One Lesson stands out as the most important book on the subject area.

It is setup as a series of 23 different examples describing everyday occurrences to illustrate fundamental economic principles. How a broken window impacts the overall wealth of the community is among the most famous of these examples. Others address the value of public works projects, the importance of exports, the impact of taxation on production, the relationship of employment to the minimum wage and the inflationary result of printing money.

Though written more than 50 years ago, the examples remain all too relevant today, unfortunately. In fact, for nearly every example, I was able to clip an article from the newspaper or print one from the Web documenting how the same issues are sadly alive today. “Price Controls Hamper Rise of Generics”, Wall Street Journal, for example, revealed how the government of the Philippines set price controls on branded drugs to lower their cost only to find the artificially reduced profits caused retailers to cancel planned store openings and stop hiring. Hospitals raised other prices to recoup the loss of revenue from drugs and the once-growing generic drug manufacturing industry stalled since the spread between its prices and the now-lower branded drugs has been cut. Now there are more people unemployed and less medicine available. If only government officials in the Philippines had read this book before causing so much needless and predictable suffering.

In “The New Cannery Row”, for a second example, Wall Street Journal editors reveal what happened to the tuna industry in American Samoa when our Congress required the U.S. territory to raise its minimum wage from $3.26 an hour to $7.25 an hour by 2015. Well, what do you think happened? Chicken of the Sea closed its plant. StarKist cut more than half its workforce. Thousands were put out of work. The minimum wage hike pushed unemployment from 10% to 30%. Seems workers in Thailand are willing to clean fish for $.75 an hour. Since our Congress failed to grasp this, we get to send $18 million of our taxes to Samoa as compensation. Oops.

Had our Congressmen read Hazlitt’s analysis of each occurrence and his predictions for the outcomes of each occurrence under different economic policies they would’ve understood how raising and lowering the minimum wage affects employment. In fact, the answers to nearly every economic challenge that seems to confound everyone from TV talking heads to Federal Reserve members and the President’s team of economic advisors are in this book, quickly and simply laid out for anyone to understand – regardless of a passing grade in Economics 101.

In fact, the policy answers are so obvious that my 10-yr. old, upon noticing the “50th Anniversary Edition” sticker on the cover, was baffled that the world could be in such economic chaos when the answers have been right here for 50 years. He’d thought we were reading a new book –it was unfathomable that most of our political leaders have ignored the obvious for so long while continually throwing money at policies that are proven to fail everywhere they’ve been implemented.

After reading Economics In One Lesson, it’s easy to see through all of the fear and hysteria driving today’s pseudo-journalists on the news.  I highly recommend Economics In One Lesson. This book needs to be at the top of your reading list.