Public relations (PR) is a marketing tool and a form of communication that businesses can use to reach consumers. Positive PR can help develop goodwill and strengthen the credibility of a business or brand. By conveying who you are, what you do and how you make a difference, you can influence the public’s perception and opinion. PR can work to a business’s advantage or disadvantage, so a wise company or business owner is proactive in their PR strategy. Taking advantage of the opportunity to get as much positive information out to the public as possible and anticipating challenging situations can help to create a buffer and a balance to public conception if a problem arises.
Publicity is part of PR and encompasses media coverage including news stories, interviews, editorials and reviews. You can garner publicity through effective media relations. Publicity is one of the best ways to generate word of mouth, which is a well-known and powerful form of PR. Creating a strategy that includes a regular schedule of planned PR activities and following up with editors and journalists builds relationships and is very important. The audience views publicity with less skepticism than advertising, and therefore publicity is likely to have a greater impact on the audience. This credibility makes publicity incredibly valuable – publicity is said to be seven times more effective than advertising.
Unlike advertising, PR and publicity are not guaranteed and do not have a clear price tag attached or a hard and fast way to measure ROI. The term “free publicity” is a little misleading as hiring an expert costs money and placing publicity often takes a lot of time and effort. Successful marketing strategies should contain a mix of advertising and public relations efforts to help keep your business in front of your customer.