Advice You
#1 in Business Subscribe Email Print

You are here: Home > Business > PR > Increase Your Sales 300% with Public Relations

Tags

  • sales
  • value
  • internet
  • press release
  • companies involved
  • company products

  • Links

  • Mortgage Refinancing For Undertaking Home Improvements!
  • How to Find a Good Car Accident Injury Lawyer
  • Groomsmen Gifts versus Bridesmaids Gifts
  • Advice You - Increase Your Sales 300% with Public Relations

    Many small business owners with whom I talk simply don’t see the need for public relations – much less the need to hire an agency to represent them. I often hear small business owners say "I don’t need you, I write my own press releases!" That’s great, but if you consider "public relations" to just be writing a press release then you are probably missing 90% of the value.

    The fact is, almost any smal
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    l business can receive a positive return on investment if they manage their expectations and budget accordingly. Unlike advertising, you can’t dictate where, when, what and how often your message will be delivered. Public Relations is many things, but it is NOT "Free Ads." Instead, one should view it as the ultimate “word of mouth.” Instead of one happy customer telling 10 of her friends, today's Inte
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    rnet media can reach MILLIONS of people in a single day!

    This is a great thing if you have confidence in your brand and patience with reporters who may have never heard of you, your company, products or even your new business concept. Ultimately, if you can sell the idea to an individual reporter he will talk about it – to his readers, co-workers and his friends at the TV station on the other side of
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    town.

    The long term benefits of public relations are what really create value. Unlike advertising, public relations campaigns aren’t always powerful immediately, nor do its effects fade once the campaign is over. Good press will last for months and years. It will also help defend your company from negative things that may come up. Additionally, positive press and public image can also generate incre
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ased awareness, leading to even more coverage … without you even lifting a finger!

    For example, if you put a banner advertisement on a site that features a review of your competitor’s product, your message is delivered and that’s great. But what about two weeks or six months later when that advertising campaign is over? Your competitor’s review is still there … building value for their brand.

    In fac
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    t, with today’s search engines, that review may actually become more powerful as people begin to link to it and treat it as an authority!

    Last fall I created a campaign suggesting that as people upgraded their Xbox game consoles to the Xbox 360 that they might find a new home for their old console inside an arcade cabinet kit from Dream Arcades (http://www.prweb.com/releases/2005/11/prweb310903.php).
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    The results from this campaign are a perfect example of the power of public relations.

    The news that their controls would work with Xbox was old – everyone in the enthusiast community already knew that – but people that read Maxim, Stuff, New York Times, NBC … even ESPN didn’t!

    They all loved this pitch. It was timely, well crafted and most importantly, it stood-out from the thousands of "Coming so
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    on, an even better Xbox!" articles that everyone was obliged to write.

    As a result, traffic to www.DreamArcades.com exploded – and so did their orders!

    You are probably thinking that sounds like the end, but in reality this was the beginning. The wonderful thing about public relations campaigns vs. advertising campaigns is that the impact just keeps growing … if you are able to keep feeding it.

    A f
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    ew weeks later I got a call from PlayBoy. They had heard about Dream Arcades and now wanted to feature it in their April 2006 feature "PlayBoy’s Ultimate Gameroom." With nearly 2 million paid subscribers and who knows how many total readers, this is a MASSIVE achievement. If I had simply called them and pitched cold I would never have made it past the call screener. Instead, I had an editor CALL ME!

    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    That article – and the media preceding it allowed Dream Arcades to increase the price of their products, while at the same time increasing their sales volume. The PlayBoy feature alone resulted in a sales increase of more than 250% and remains at a much higher level than it was prior to that.

    The lesson that is important to draw from this is that sometimes PR takes months to generate dividends but wh
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    en it does, it pays off dramatically. For the example above, the story began in Sept. 2005 and the feature came out in Feb. 2006 – five months later.

    So what can a business owner do and, if she should hire someone, what should they help her with?

    Anyone with time to spend, the ability to write clearly and speak English well can:

    1. Write a press release
    2. Write a letter to the editor o
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    f their local papers and trade media
    3. Answer the phone when a reporter calls
    4. Quickly and concisely provide the information the reporter needs.


    Additionally, with access to the internet, most people can also research the contact info for national and regional media. Or they can use a service like PR Web to quickly, cheaply and easily send out a press release.

    So why do you need a p
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ublic relations agency if you can write a press release and talk to the media all by yourself?

    The answer is simple; because a professional can usually do it better – generating more positive results quicker, with less mistakes.

    A public relations agent can:
    1.Provide access to pre-existing contacts, PR tools and media databases


    2.Provide an outside perspective – and the ability to
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    suggest new ways of promoting the company, products, and services. I once had an article in the Financial Times and my boss called me in and demanded to know why I was "wasting my time" with, "some paper he had never heard of!"


    3.Work with the business owner to maximize opportunities such as holidays, pop-culture news, or even political events.


    4.Construct and polish pitches that are tailore
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    d to individual media and reporters.


    5.Provide the experience of knowing what will and what won’t work – so that you make less mistakes. Good PR agents have already made and (hopefully) learned from their mistakes!


    6.Help when the business owner simply doesn’t have the time to do it herself.

    Should a business owner decide to brave the PR world all by herself, there are some quick and easy w
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    ays to make reach the public and the media – without spending a lot of money.

    Make Friends with Trade Press!

    If you are in an industry such as plastics, vending, gaming, dentistry, or even video games, find out who your trade media is. Almost every industry has trade media – websites, magazines, and newsletters. These guys are your friends. Your suppliers and your distributors probably read t
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    hese. The best part is that if you send updates and news once per month you can build good awareness and even better – experience working with the press … a friendly press.

    Make your Website Press Friendly!

    You should have a website. Your website should be easy to navigate. Reporters should be able to quickly find a section labeled as "press" or "media." This section should contain all the in
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    formation that a reporter would need to cover your company and products.

    This at a minimum should include: contacts (phone and email), product brochures, product and company logo images for print and online use, brief company history and accomplishments, press releases and a list of upcoming events.

    Let People Know about Your Website!

    All of your marketing materials should include a link to
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    your website. This includes emails, business cards, and brochures. Today you can even buy personalized stamps (http://www.zazzle.com) to make your mail stand out even before it’s opened.

    Learn from your Mistakes!

    You will make mistakes. Don’t let that bother you. Most media people are very forgiving. Often, they want the story as much as you want to give it to them. Just remember, they are hu
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    man too.

    Talk, Write and Share Your Knowledge!

    Write articles for sites such as this one. Hey, it’s free except your time! This creates your own PR. Just like an article written by someone about me; it will last on the internet. If you like my ideas and comments I am sure you will be interested to learn more about who I am and what my company does. This can work for you just as it does for me


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.adviceyou.org.ua/article/33293/adviceyou-Increase-Your-Sales-300-with-Public-Relations.html">Increase Your Sales 300% with Public Relations</a>

    BB link (for phorums):
    [url=http://www.adviceyou.org.ua/article/33293/adviceyou-Increase-Your-Sales-300-with-Public-Relations.html]Increase Your Sales 300% with Public Relations[/url]

    Related Articles:

    Using Christmas to Keep in Contact With Your Customers

    Customer Service Secrets for the Travel & Hospitality Industry - Nine Principles to Success

    Is It Possible Just in 7 Days to Get Excellent Ideas for Extra Sources of Your Profit?

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com

    brak autoryzacji wymiana linkow sprawdz autoryzacje nieautoryzowano no auth