Undoubtedly, PR (Public Relations) is the most effective and trusted method of raising the brand image for your business and increasing its sales. A single positive comment or tweet about your product can indeed add an extra layer of trust and credibility to your brand. This will also help you to generate some new business. Public relations raise your business profile by improving your brand’s reputation.
If you wish to tell someone about your business, it is best to do it via a public relations strategy. Especially for new brands, public relations serve as an essential tool for building their presence and establishing a business. Often it is seen that factors like advertising, marketing and public relations play a crucial role in making or breaking a brand image. But in reality, these three factors serve different purposes.
Philip Kotler once said that: “I feel advertising is overdone and public relations are underdone”.
If you try to understand his statement, he is right. Advertising is paramount to boost the demand for your product; it will make customers attracted to your product. On the other hand, Public relations is the skill of telling your brand’s story to the people interactively and engagingly.
Table of Contents
- Reach Out to Your Audience
- Build a Tale
- Identifying the Communication Platforms
- Communication in the face of Crisis
- Generates the Interest of Investors
- Increases Return on Investment
- Increases Trust of Consumers
Benefits of Public Relations
A good PR assists a company in increasing the brand’s credibility and more visibility among the potential consumers. It leads to an increase in the industrial presence and eventually sales. Public relations is an effective way to build a brand image. Following are some ways, or we can say benefits by which PR will help make the brand image:
● Reach Out to Your Audience
Public relations is all about communicating effectively with those people whose views and opinions will positively impact your business. Now the target audience here is not your consumers only, but it includes media people too. At all times connecting with the people is all that matters for your business. You can do all this through Public Relations. The goal is to outreach to every possible media source to be a source of attraction in news stories. This approach is not limited as now a publicist can expand it to social media platforms also. Over time, they will start recognizing you as an established brand.
● Build a Tale
While the advertisement makes your product familiar to the audiences, Public Relations tell them the story behind your brand’s origin. It tells them what impact it has on society, what its values and mission are, and what the brand’s vision is. Public relations will build your brand’s image by exploring the distinctive angles of your story. It will reach out to a larger audience by creating an inspiring brand image that people would love to know about.
For instance, there is already a brand that has earned a well-known name due to its strategic advertising campaign. If such a brand has an exciting backstory, it will eventually boost the brand image.
● Identifying the Communication Platforms
When you are looking to communicate to a target audience, it is essential to do it via the proper channels. Public Relations will first identify your target audience, analyze their traits and then identify the right platform to establish the communication. A publicist will help you wisely decide which channels you will benefit from by channelling your brand.
● Communication in the face of Crisis
We are living in a time of social media where news spreads across like wildfire. There are several news channels, and not to forget the social media channels that everybody uses. A delay or postponement in directing the negative piece of information can affect your brand image. A publicist will utilize that news effectively by helping manage your public image.
● Generates the Interest of Investors
Many investors seek organic media coverage as part of their commitment to providing capital to the brand. So the brands need to have a reputation that makes investors interested in them. Several companies work with industry publicists to place their stories in prominent and respected publications. Public relations will reveal a brand’s capability to invest in its personal and professional image.
● Increases Return on Investment
Investors are interested in placing their money in expansive brands that have a positive image and are credible. Brands must keep the interested party engaged in them. A brand has to demonstrate the core value of theirs and vision of its future performance. Having positive press mentions and exposure plays a crucial role in determining valuation at the investment stage. A publicist will help your brand in driving greater valuations.
● Increases Trust of Consumers
Growing the trust of your consumers in the brand is its secret to success. A good publicist will help your brand in creating and developing valuable relationships with your consumers. People tend to do business with the brands whom they trust.
Public Relations play a crucial role in capturing the attention of potential customers. If any brand is mentioned in a positive story on social media, or a famous and respected expert recommends it, it will boost the brand image positively. This will result in building the brand reputation and trusted consumer relationships.
Verdict
We all must agree that despite the continuous influence of digital and social media, there is still room and need for good public relations. To construct brand identity and industry equity, it is essential to have good public relations. This will increase the industry presence positively and will also generate good sales. To have a good reputation for your brand, some companies choose to take this on in-house, while some hire a public relations agency. Both approaches are promising till they provide benefits.
A good PR develops your brand identity by making people trust your brand. It builds consumer interest by raising awareness of your brand that will help in generating sales. Hire a good publicist if you wish to grow your brand image. It plays a vital role in achieving the foundation of running a successful business.