Posts Tagged ‘tech PR’

USA Today: Think twice before slashing your PR budget

Thursday, July 9th, 2009

There was a great Entrepreneurial Tightrope column yesterday on USAToday.com by Gladys Edmunds.

It was in response to a business owner who asked if cutting her marketing/PR budget was a good or bad strategy to cope with shrinking budget resources. This question is undoubtedly on the minds of many professionals and business owners in these difficult economic times. And, many have already made the tough choice to reduce marketing and communications budgets, along with a number of other business expenses.

Ms. Edmunds took a pragmatic and logical approach in her response, cautioning the reader not to make a hasty, ill-informed decision she might later regret.  Her argument boiled down to the following:

“If reducing your budget is necessary for the life of your business, that’s understandable. However, you must continue to be as visible to the public as possible…public relations, marketing and advertising are the things that keep you and your business in the public view.”

Certainly, in some cases, cutting marketing dollars is unavoidable. However, an efficient, cost-effective ongoing communications program designed to maintain company brand visibility among customers, influencers and the media can go a long way to optimizing an organization’s position for continued growth once the economic climate improves.

In other words, be careful not to cut off your nose to spite your face.

If you’re a marketing/PR professional or executive at a tech or consumer organization, I strongly encourage you to read the column.

And, be sure to let us know what you think.

Geo2

A Green Tsunami

Monday, July 6th, 2009

I’m surprised that there hasn’t been a lot more green-/chip-blog chatter about a recent story that ran on the front page of the NY Times Business Section regarding Taiwan Semiconductor’s (TSMC) likely move into the solar cell and LED lighting businesses.

As the world’s largest semiconductor foundry, TSMC has the proven ability to rapidly alter to the economics of any market it enters.  In a fairly short time span, TSMC manufacturing prowess could dramatically increase solar cell and LED manufacturing volume.  The result would be an order of magnitude increase in the supply, and sharp decrease in price, of both.

If this happens, it could easily have the same kind of effect that Intel had on the PC market with its X86 architecture, or that Apple had on the digital music business with the iPod.  It’s a game-changer.

If TSMC moves ahead, the potential benefits to energy consumers – individuals, businesses and government – and, of course, the environment are enormous.  The impressive reduction in carbon emissions forecast by Cooler Planet if just 5 percent of households went solar could be a gross underestimate if the price of solar panels dropped precipitously.  LED’s potential of slashing industrial, residential and public lighting energy requirements – as well as significantly reducing the energy required to run air conditioners to cool all those lights – could be realized as well.

For existing producers of solar panels and LED lighting, TSMC’s possible move should have their marketing and PR teams burning the midnight oil (fossil fuel pun, sorry).  Some of their top priorities might include:

  1. Researching how leading fabless semiconductor companies build and maintain market value
  2. Developing communications programs today to ensure brand value in tomorrow’s market
  3. Understanding how customer requirements and motivation are impacted by price

Being prepared for foreseeable contingencies in business is always smart.  In the case of the still embryonic green tech community, I believe it’s essential.  As far as this situation goes, my guess is that TSMC won’t keep us hanging for too long.

Bob Walt

Tech PR and blogging — Five reasons to blog

Monday, June 29th, 2009

At Walt & Company, we’re spending an increasing amount of time helping our tech PR clients establish and manage corporate and executive blogs. From helping them come up with a clever — and SEO-friendly — title to recommending unique, compelling blog themes and content, our business is more and more about positioning them favorably in the rapidly evolving online world.

It takes time, energy and a bit of creativity. But once established, a company blog combined with a strategic PR campaign can go a long way toward helping companies build brand recognition, reach existing and potential customers, and support key business and marketing goals.

There are a number of reasons why it makes sense for many tech companies to augment traditional PR and marketing efforts with a blog. Here are the top five:

  1. Expand reach — Today, the majority of technology influencers and purchasing decision makers — IT managers, CIOs, integrators, resellers, consumers, media, analysts, etc. — get their news and information online. As such, a compelling and readily searchable company blog provides another avenue to reach ever larger audiences. In fact, with the decline of traditional print media, a blog is quickly becoming a must-have for most, if not all, tech businesses.
  2. Level the tech playing field — It is difficult for a start-up tech company with limited financial and personnel resources to compete with a large, well-funded corporate marketing engine. While not a direct substitute, a blog can be a relatively easy way for smaller companies to generate industry visibility and customer leads without breaking the bank.
  3. Build brand visibility and customer loyalty — Because a blog enables a company to interact more directly with customers and business partners than other “push” marketing strategies, it can help build strong, enduring brand awareness. And, if executed correctly, it can also help companies forge 1:1 relationships with customers and partners, ultimately resulting in increased brand loyalty.
  4. Support/expand social media efforts — Many tech companies are expanding their marketing and communications campaigns to include outreach and interaction via key social media outlets, such as Facebook, Twitter and LinkedIn. As such, a blog provides a destination and resource to direct interested parties from these sites who wish to learn more about a company’s expertise, innovation and vision. Also, some social media sites will automatically re-post company blog entries, providing visibility to a potentially larger audience than the blog alone could reach.
  5. Improve SEO — Organic search visibility is key for all businesses today, especially for new or small organizations that have yet to establish a following or ‘word of mouth’ credibility. A blog that drives traffic back to the company Web site, covers topics relevant to a company’s areas of expertise and product focus, and includes relevant and searchable keywords and tags, can help increase Google page rankings and improve search visibility.

When it comes to the nuts and bolts of blogging, all client approaches are different. Like all PR strategies, there is no ‘one-size-fits-all’ approach. Some clients opt to blog about specific technology developments and/or trends, while others elect to report on executive activities and interests. Still, others do a little of both.

Whatever the focus or aim, a well-planned and executed blog can help all types of technology companies — IT, enterprise, consumer tech, green, etc. — further expanding their reach in an increasingly fragmented and competitive online world.

George Millington (A.K.A. Geo2)

Here I Come To Save The Day

Monday, June 1st, 2009

Having developed and implemented tech PR programs for more than 100 companies over the past 18 plus years at Walt & Company, I’d guess that we’ve generated more than 100,000 news and feature articles. The vast majority being positive, most carrying our clients’ key messages. However, every so often a headline writer gets a little more creative than usual and the results gets even better.

Check out The New York Times article on our launch of 3DConnexion’s new SpacePilot Pro.

Also worth mentioning (because it relates back to my previous post) is the “Wow!” factor that came through – literally – in the second paragraph.

Bob

Down and “Wow” in Silicon Valley

Friday, May 29th, 2009

Managing a business in a down economy is tough. Belt-tightening is a natural and necessary first step, however, cost-cutting alone is not a business strategy and is unlikely to ever result in any real top-line, bottom-line or market share growth.

It’s at times like these that I believe it’s more important than ever to go back to basics – all the way back to that initial spark that first ignited your business. And for most consumer and enterprise tech companies that spark resulted in your first “Wow!” – a first impression that made someone say these guys “get it,” they’re “really creative,” or “now that’s something I really want to buy.”

Wow! can emanate from cool products, from whiz-bang new technologies, from innovative solutions, from impressive people, and from creative communications campaigns. Wow! can come from big, creative ideas – a squadron of media-packed helicopters flying over a major trade show in Las Vegas; a dry-witted comedian on the Today show delivering a client’s messages using humor to drive home a point; or a series of blogger-driven contests that generates droves of positive posts about a new consumer device.  (All did in fact work for Walt & Company’s tech PR and consumer clients.)

Understandably, budgets for lavish PR campaigns, celebrity spokespeople, and big cash prizes are pretty hard to come by. Yet, that doesn’t mean that generating Wow! is off the table. It just means you may need to be more creative in your approach. With that in mind, for the past couple of months we’ve incorporated the following questions into every creative brainstorming session we hold:

  1. Does this product/service increase productivity?
  2. Does this product/service save energy?
  3. Is this product/service more enjoyable to use than competitive products?
  4. What’s the coolest feature/benefit of this product or service?
  5. How is this product/service making the world better?

More often than not, the result has been an idea to look at a product or market opportunity differently, as in Wow!, I never thought of it like that. And, those ideas have lead to some communications strategies and tactics that are beginning to show meaningful results.

I’d be interested in your feedback. Also, let me know if you have any questions you think should be added to this list.

Bob Walt

Welcome to WaltCast!

Thursday, May 14th, 2009

Welcome to the first installment of WaltCast, the Walt & Company blog, a new resource created to provide insight and information on the latest trends, developments and winning strategies in the world of public relations and social media. On this blog, you’ll find a team of seasoned and active — no retirees here — PR and social media professionals discussing the latest from the trenches. Also, we’ll be offering our take on the news and happenings in the ever-evolving worlds of enterprise technology, green technology and consumer technology.

From proven positioning and branding strategies and the latest techniques for generating measurable social media visibility, to insight on the movers and shakers in the PR, technology and media industries, you will find it all here. And hopefully, we’ll be able to share a nugget or two that will help you, or even cause you to question whether or not your communications efforts are up-to-snuff.

Whether you are a company in search of communications guidance, a practitioner hoping to hone your skills or a journalist wondering how things work on the other side, we hope that you will find this blog a valuable and entertaining resource.

And, always feel free to comment or pose questions if there’s a particular area you’d like us to cover.

Cheers,

The Walt & Company Blog Team