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Click the next button for more PR information: Using Public Relations to Increase SalesFive Ways Press Releases Can Increase Your Sales1. Use Press Releases to Sell Product Direct - Some products can
be sold directly from links contained in press releases. This is especially true
now that the Internet has made it possible to buy products on line with a credit
card. Selling direct works best for products that have clearly defined benefits
and are not available through retail outlets. They should have some degree of inherent
excitement and be priced under $1,000. It also works well for supplies and
other commodity items that can be grouped together by category and
offered in a catalog format. There are literally millions of websites
using this approach.
2. Use Press Releases to Generate Sales Leads - For smaller
firms with limited budgets the best use of public relations is to generate
immediate business leads that can be converted to sales. This type of
release encourages a reader to respond to some type of free offer -
usually a free white paper, a free initial consultation, a free estimate, a
free evaluation of a problem, or some other type free information.
Readers are willing to trade their
contact information in order to get the free offer. The business leads
generated through this process can add tens of thousands, even hundreds
of thousands of dollars to gross sales every year.
3. Use Press Releases to Educate Future Customers -
Press releases are a great way to educate customers about your
products/services, your business philosophy and why potential customers
should do business with your company.
For example, one our clients wrote a series
of press releases that showed how wireless technology could provide broadband
Internet services to areas that didn't have DSL or cable modem broadband services.
Their press releases demonstrated the key
differences between wired and wireless technology, explained why wireless was
more cost effective and stressed be ease of use benefits that wired broadband
couldn't deliver. In 2001, no one had ever heard of a Wi-Fi Hotspot or a Wireless
ISP. Today wireless technology is making the headlines everywhere. The Broadband
Wireless Exchange (BWE) Magazine was and still is the world's best source for broadband
wireless news and "how-to" information. Their success started with a single press
release that introduced wireless technology and explained its benefits.
4. Use Press Releases to Create Mind
Share Awareness - There are many products, services and ideas on the
market today. A big part of a public relation executive's job is to
simply make sure people and reporters are aware that your company offers
a product or service that could potentially solve their business problems.
The BWE example mentioned above is the
perfect example. BWE did not need to
convince prospects that their site was better than the competition, because
when they started, they had no direct competitors. BWE's only challenge was to
make potential customers aware (a) that building broadband wireless networks
was more cost effective than building
wired networks, and (b) that BWE was a recognized authority and expert on how to
build these types of networks.
After releasing a series of press releases
on the benefits of wireless networking and providing links back to the company's
website on "How to Build Wireless Networks,"
their web traffic rose from less than 10,000 hits per month to more than 6 million
per month. The site is now the largest website of its kind in the world.
5. Use Press Releases for Cost Effective Marketing -
Unlike advertising, public relations is the most cost effective way to
market your products and services. Placing an ad in a typical trade publication
costs around $10,000 for a page 4-color bleed. This advertisement will only
be read for one cycle of the publication's print run. And, the advertisement
is never seen online, so the maximum exposure you'll get is 50,000 - 100,000 readers.
The cost to write and issue an 800-word press release, plus national newswire
distribution can be as low as $2,000 (shorter releases cost much less). But
unlike advertising, press releases show up everywhere, and if they actually
lead to stories in news print and websites, their value increases dramatically.
They literally have the potential to generate stories in hundreds of
thousands of newspapers, trade publications, Blogs and news portals worldwide.
One place our releases show up frequently is Forbes.com. They receive around
100 million page views per day. It is hard to beat that kind of exposure
for $2,000. |
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