Getting PR Right
Hey Tribe
Welcome to the last quarter of 2021. Three more months to crush those goals 💪🏾💪🏾💪🏾
Today’s article is all about PR. These lessons are from Oluwole Ogunlade , Director of Corporate Partnerships at Kryptova, a platform that facilitates the trading of cryptocurrencies for other assets, including digital and fiat currencies. Oluwole is an executive product leader and business operator who has spent considerable time mastering the craft of product innovation, strategy execution and business growth with multiple startups in Nigeria and beyond.
He shared 5+1 lessons you should learn about PR for growing your startup.
Lesson 1: Take PR seriously for your startup
Take PR seriously because everything rises and falls on perception. I recommend every startup should dedicate resources to their PR strategy. At the early stage, it is important to delegate resources and time to how you want your startup to be perceived and scale this with time. This will mean having a dedicated media kit (at a minimum, a media kit should include your “about story”, what you do, your team, case studies, customer success stories/projects and testimonials).
Lesson 2: Know how to piggyback on stories to showcase your startup
Piggybacking is when you ride on the wave of a trending story or popular idea to promote your startup. If your brand is active on social media, you can start by following this guideline on how to leverage twitter to connect with your audience by leveraging trending stories or events. You can do this by finding an approach that pitches your startup to a trend.
Lesson 3: Solve a major problem and give the solution away, free
When you are passionate to the pain points felt by a lot of your audience, you will discover several opportunities to help them. I must warn you that this does not translate to cash, but it brings a lot of goodwill that you can convert to revenue.
For example, the team at BudgIT released a budget deficit calculator that shows how to analyze Nigeria’s budget in a friendly way. It is actually a useful tool. In your own case, you can create a free tool, create an open-source application or write helpful resources and white paper for your target market. This can be leveraged for news outreach. Keep in mind that a good PR will give you additional perspective to get your startup in the news without sounding “too salesy”.
Opportunities like this include:
- Doing a research and releasing the results or white paper for free,
- Creating a free open source application like logistics tracking,
- Free CV evaluation for job seekers on job/career websites,
- A forever FREE integration plan by online payment company (worth N150,000) for SMEs.
Lesson 4: Be vocal and build a community around your product
To be vocal is to speak for your industry as a whole. Be the champion that talks about your niche, its challenges and solutions. It can be as simple as creating a LinkedIn Group or building a dedicated community like American Express (an online payment company) did with the creation of Open FORUM; its global community for small business entrepreneurs who are potential users of their services.
As an individual, you can choose to be the first to enumerate the needs, predict the future and direct the course for your industry. You will soon become the thought leader in that space and everything will revolve around you as the market leader.
Lesson 5: Create mouthwatering giveaways and deals worth talking about
Deals are amazing. Even Nigerian Telcos make a big buzz out of their promotions. You should too.
You can organize contests worth talking about that will also grow your customer base.
Before you create a giveaway though, it is important to ensure that it will attract the kind of audience that will patronize your business. You also don’t want to give away blind discounts that will not result in repeat buyers.
Lesson 6: Be Proactive with Tools
This sixth lesson is an extra, but it is powerful enough to deserve your attention. It is about tools.
One of the tools you should use to be on the edge of news and events around your business is Google Alerts. This is a free service that enables you get updates on key words important to you and your business. There are other budget friendly tools you must keep in your arsenal to enable you to consolidate your PR strategy effectively.
CONCLUSION
The peak of your PR management is to know how to respond to users’ complaints on social media and actively shape the perception of your startup in the marketplace.
A real life example happened in 2013 between Arik Air and one of their passengers, Japheth Omojuwa.
It all started when Japheth lost his iPad during one of his inter-city flights onboard the Airline and then things got messy. Instead of turning this to an opportunity, Arik Air later banned him from flying their airline. The story was everywhere back then ; it was a poor decision that resulted to a major PR mess for them on social media.
Unlike Arik Air, Sheraton Hotels showed there is a better approach that works when you are faced with customer complaints or when you want to boost your startup PR in managing customer complaint (as reported in this free report)
When you are proactive with your PR, you have a chance to create a positive perception and during unpleasant feedback, you can also turn an unhappy customer into a happy one (who might also become one of your biggest supporters).
Source: https://techcabal.com
There you have it,
So, how are you planning to use PR to grow your startup?
You can connect with Oluwole on LinkedIn
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