Recently, the “Barbie” movie smashed media expectations with a record $155 million on opening day to become the year’s biggest debut. The success is attributed to disruptive PR and marketing activities ranging from pop-ups, themed Airbnbs and Xbox consoles, and other partnerships.
The movie’s success exemplifies what PR can do for your business. However, you need an experienced team to achieve these results. The blockbuster PR team created a campaign that generated lots of social media buzz, giving a child’s doll remarkable acceptance by adults. While everyone will focus on the revenue, the movie’s success showcases how PR firms can help transform your business from unknown to unstoppable in many ways.
In this article, you will learn what a PR firm is, its role, and how PR can help you build a formidable business.
What’s a PR Firm?
A PR firm assembles people and tools to create a campaign strategy to help you achieve your business goals. Unlike in-house PR teams, an agency can work with multiple businesses simultaneously thanks to its industry expertise and strong relations with the media.
What Does A PR Firm Do?
A PR firm supports your business growth through services that include the following.
- Crisis management
- Customer research
- Monitoring trends and brand mentions
- Managing social media and communications
- Managing investor relations
- Pitching
- Media Relations
- Content marketing and SEO
- Writing press release
- Securing media coverage
How Can a PR Firm Transform Your Business?
A PR firm can help you create brand awareness and build authority through a series of well-crafted strategies and methods such as:
1. Crafting a Compelling Brand Story
According to Headstream research, 55% of consumers will consider buying from a brand in the future if they love their story. Brand storytelling helps to humanize your business, fostering customer connection on an emotional level. An example of the impact of storytelling is evident in Steve Jobs’s Apple product launch speech. In 2003, he persuaded users to pay 99 cents per song on the iTunes store by presenting a solid argument that triggered listeners’ emotions. In the same way, a PR firm studies your products, analyzes the target audience, and creates a compelling story that helps them imagine the transformation you offer. The outcome is often improved brand loyalty, word-of-mouth marketing, and customer advocacy, amongst other benefits.
2. Creating and Deploying Crisis Management Plans
According to a PWC survey, 96% of businesses experienced a crisis in the last two years, and 76% had a medium-to-high impact on operations. A well-crafted crisis management plan helps you to respond to disruption and maintain your brand reputation quickly. Without crisis management PR, your business might struggle to get back on its feet after a negative public occurrence. A PR firm creates PR plans that integrate employee, consumer, and stakeholder communication to convey the brand’s position, plans for fixing the issue, and regular updates. That way, you control the narrative and win public trust. The PR firm also ensures this plan is effectively deployed using different channels. These include social media, press releases, executive interviews, and many more. If perfectly executed, you can turn a crisis into a growth opportunity for your business.
3. Securing Media Coverage
Journalists are often inundated with pitches from different businesses. Therefore, getting their attention might take time. However, PR agencies can help you get media coverage thanks to existing relationships with journalists. One of the roles of a PR firm is building relationships with the media, which comes in handy when they manage your campaign. A PR firm will know the best media channels, the types of stories they accept, and how best to pitch your business. Their relationship helps you save costs on pitching to the wrong platforms and can quickly get your news out to the right audience. A successful interview or press release can go viral, generating massive traffic and sales for your business.
4. Creating Effective Campaigns
PR firms understand the elements of an effective campaign thanks to experience working on different projects. They also have expertise in campaign strategy creation, like design, copywriting, and SEO. This unique experience helps them to create effective campaigns fast without multiple trials. Whether it’s a product launch, announcement, or rebranding campaign, you can expect strong performance and ROI.
5. Monitoring Industry Trends for Media Opportunities
Daily, we experience new trends, which can offer opportunities for visibility. A PR firm uses analytics and PR tools to monitor trends and identify which one to leverage. Subsequently, they can create a campaign around that topic to build awareness. Monitoring these trends helps you drive more traffic and sales to your business. With more visibility comes improved customer engagement, retention, and overall growth
Partner with a PR Firm to Grow Your Business
PR offers multiple benefits when in experienced hands. Collaborating with a reputable PR firm allows you to experience PR benefits such as building brand awareness, boosting organic traffic, and improving sales conversion. With RPR Firm as your partner, you will get personalized strategies, access to our expert network, and creative content to increase campaign results. Schedule a free consultation with us to start your journey from unknown to unstoppable.