April 2015

Mohammad Anas Wahaj | 29 apr 2015

PR is undergoing transformational shifts. In this year's Agency Business Report, the main themes are integration, convergence and the enhanced value of digital and social media. The new PR firm is highly influenced by these factors as they change the dynamics of agency leadership roles, the structure of the firms, and the talent that is recruited and retained. Richard Edelman, CEO of Edelman, defines the largest PR firm in the world as, 'It's a Venn diagram where the overlaps of the four [media, PR, social media, advertising] are becoming more present. It used to be distinct valleys and now the roads are crossing. We're going to try to have stronger creative, stronger planning, and look at problems differently.' Inspite of recognition of advertising agencies for their PR work and some ad-shops 'integrating forward', most PR agency leaders still believe PR has a unique mentality and heritage to bring to the modern content marketing mix. They don't see the need to rebrand as something other than PR. According to Andy Polansky, CEO of Weber Shandwick, 'Some advertising firms, like Mullen, have a strong PR capability - others do it around the edges. The key is to develop depth and have a credible, strong offering. PR has never been held in higher regard by the C-suite, and there's a lot more dimension to our business now. We've emerged as leaders in content marketing and social.' He further believes the sweet spot for PR agencies is the ability to engage multiple constituencies across different platforms and stakeholder groups. Fred Cook, CEO of PR firm Golin, says, 'It's getting harder to define what a PR agency is...We're competing with different types of agencies in different categories. You can call yourself anything you want, but it is how your clients define you. Our clients still define us as a PR agency, but a PR agency that does a lot more than before.' According to Dave Senay, CEO of FleishmanHillard, the principles of PR have never changed. He cites Edward Bernays' definition of PR as informing, persuading, and connecting people with people. He points out, 'PR is no different than it's ever been. If you take the two schools of PR, the behaviorist or socially responsible or conscious side, they are converging like never before. The wind is completely blowing into our strengths.' He believes modern marketing communications is all about how and why people behave the way they do, which requires an understanding of their culture, media consumption habits, and the global push toward shared value. Online video is at the forefront of new PR services. Although it has been mostly associated with ad agencies, but PR firms are now effectively utilizing the medium to construct engaging narratives. The change in skill sets required at the "new PR agency" is changing the people who come into the business and inevitably resulting in legacy personnel leaving at the other end of the talent funnel. It is also evolving different workforce structures more suited to the new environment. Many agencies have restructured their practice offerings and tried to inculcate collaboration across disciplines, geographies, and offices. Compensation structures are being amended to better reflect overall results at agencies, rather than being based on individual office P&Ls. Bonus pools are increasingly tied to individual objectives aligned with strategy and client goals rather than offices. Skeptics about this new age of PR and subsequent delineation for PR agencies may highlight the issue of measurement and how these new skill sets are producing return on investment for brands and clients. But in reality the payback and return on investment of content-based executions built from smart data can totally be monitored in real time, via measurement and social analytics. Effectiveness is measured on criteria such as the number of people who link to, share, view, or create their own content using the source material. Social metrics are much more powerful because they show someone is actively involved in the content and sharing it with their community. Rob Flaherty, CEO of Ketchum, points out, 'And now with the Internet of Things you can link these metrics to visits in-store and to purchases, which is the Holy Grail for every communicator and marketer - and also for the new age of PR firms servicing those clients' needs.' Real-time marketing is fueling a new range of skills, services, and ways of working at PR agencies. Read on...

PRWeek: What is the new PR agency?
Author: Steve Barrett

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Mohammad Anas Wahaj | 14 apr 2015

According to MarketingTerms.com, 'Affiliate Marketing' is the 'Revenue sharing between online advertisers/merchants and online publishers/salespeople, whereby compensation is based on performance measures, typically in the form of sales, clicks, registrations, or a hybrid model.' Wikipedia defines 'Customer Relationship Management' (CRM) as 'System for managing a company's interactions with current and future customers. It often involves using technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.' Affiliate managers need to keep track of their affiliate relationships efficiently and they can use CRM tools to stay organized. According to Dustin Howes, Director of Marketing at Marketing Clique, 'Using the CRM creates full transparency of the current state of the affiliate program and the growth in the near future.' He provides the following ways CRM can be effective for affiliate marketing - (1) Document Hot Leads (2) Task Reminders (3) Institutional Memory (4) Predicting Affiliate Performance. Read on...

FeedFront: Growing your Affiliate Program with a CRM
Author: Dustin Howes

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Mohammad Anas Wahaj | 03 apr 2015

Marketing strategy need to be communicated, accepted and implemented by the whole team to get the expected results. Oftentimes it is observed that a good plan and strategy fails due to lack of understanding and support by the members of the team. John Rampton, president of Adogy, provides three innovative techniques to bring the team on the same page regarding the marketing plan - (1) Make it a Game: Allen Graves, a content marketing strategist, suggests making the marketing strategy a game. The idea is based on Joe Pulizzi's 'Epic Content Marketing'. Make four small teams and a team is constitued with 4-5 members who don't generally work together and use a 10-step process to create strategy (i-Decide on a single product to market; ii-Research & document general audiences, buyer personas etc; iii-Define goals of the conent; iv-Detail the buying process and engagement cycles; v-Define the conent niche; vi-Develop a content mission statement; vii-Create a comprehensive content marketing plan; viii-Build a content calender to include at least 12 pieces of content; ix-Develop a strategy to market each piece of content; x-Define key performance indicators and how goals will be measured). Finally team answers the 10-steps in a PowerPoint presentation. (2) Implement an Internal Communication Plan: According to Kris Prendergast, a communication expert, 'Internal communication is the strategic process of gaining employee support for external branding efforts and marketing campaigns.' This can be achieved within the organization by internal newsletter or blog; internal social network; sales conferences and marketing conferences; team building/training events; and digital interactive capabilities. (3) Hold a Strategy Planning Day: John Jantsch, author of 'Duct Tape Marketing', suggests scheduling a strategy planning day, preferably on an offsite location and including a facilitator for the session. Brainstorming sessions would include a team leader, who assembles his own team & resources, and creates a framework and plan based on key themes like objectives, results, constraints, goals, projects and tactics. Read on...

Forbes: 3 Tips To Take Marketing Strategy to Whole Team
Author: John Rampton

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