I hear it time and again but you think you can’t afford to hire professionals to help you with PR? It’s not true, well not always.
Look, there is a saying, "you get what you pay for" and a good publicist doesn't work for minimum wage, especially if they have the education and more than two decades experience. So it is a delicate balance.
The key: you have to understand the value to your business! Is it worth it to you to hire someone who will do well now or hire someone who is inexpensive and might do a so-so job?
It's an investment that will either make a return or force a loss. Your choice. Public relations can be a tremendously powerful tool to grow your business. It only takes one highly targeted placement to create overnight success.
One of my clients was included in a national magazine’s holiday gift guide followed by two additional, extremely targeted placements that occurred over two months. It changed the face of their business overnight and catapulted it to a new level of awareness among retailers and consumers. Over the last 18 months of working together, the company quadrupled sales with a strong and affordable (but not basement bottom prices) public relations program that boosted sales. Another client, a small retailer, tripled business in 10 months after introducing them to a local writer who came to rely on them regularly as an expert.
Public relations can be powerful, but the right person or agency is an investment that can have positive long-term effects on your business and ability to grow. Often business owners call large corporate PR firms only to be so disappointed by the colossal expense that they may feel as if they will never be able to achieve their dream of being a successful business owner. You can afford professional, high-quality public relations that can grow your business and show a return on the investment with the right partner - a boutique or individual professional. The alternative shouldn't even be on your radar.
First things first: Figure out your budget
Understanding your budget is the number one thing to do before hiring a PR agency for your startup, small business or growing small enterprise.
Avoid fishing for proposals before setting up your budget. First, agencies put time into calls with prospects and proposals. If you have no intention of hiring them, or anyone, this is just disrespectful to the agency and the person or team making time to address your needs and objectives. Be considerate.
Having even an inkling of your budget beforehand can go a long way with an agency or independent publicist to understand how they can help, or if they can.
Budgeting: Be reasonable
The easiest way to consider an initial budget is to ask yourself what you might pay an attorney. You have perceived value of their hardline hourly rate, and you should equally respect the value a talented PR agency or professional can add to your business.
A good agency can generate credibility and awareness of your business that can be priceless in your growth, provide content to share on social media channels, improve your search visibility and much more. That's worth the expense.
Time: how much time will the project take? Three months, six or one year? The totality of the project, size and length of the campaign and number of media you want your agency to reach out to with your story impacts agency fee, and may include additional expenses to fill out the story and tell it across multiple platforms.
Just like an attorney, we work with time in mind. We don't mind going above and beyond for success, but we also run businesses that must maintain profitability. We also manage expenses for video, graphics, spokespeople, paid partnerships that can help amplify the story.
So, You Think You Can't Afford PR. Here's Why and How to Hire a Publicist.
You just need to look in the right place. Find someone who can work with your budget and educate you on the basic short-term costs and long-term benefits. You want someone who can think and act strategically for the best results.
The real keys are finding a professional who:
ideally, has real experience as a journalist sees your story and knows how, and who, to pitch to generate results
specializes in small business, small enterprise and startup organizations understands trends,
is strategic in looking at short and long-term programming
really understands what it’s like to be a small business owner or entrepreneur
is committed to being a team member and to your success
sees the potential long-term relationship with you and business potential for both parties
truly believes in your business model and/or concept is results oriented and can make things happen on a limited budget
committed to regular reporting on campaign
In turn, you have to be as equally committed to the “partnership” by acknowledging that you will eventually need to grow your budget as a result of the dedication, and results, of the professional you end up working with. What you can end up with is a lasting collaboration, as needed, that results in notable growth for your business. Remember that marketing that builds a brand is a long-term and patient process that requires ongoing frequency of message delivery and perseverance but with strategy that supports it.