Attention is Income

The concept of attention is a drastically underestimated element in most companies, CEO’s and business people’s mind. While gauging ROI for a given promotional strategy be it marketing, advertising or PR, many people fail to take into account the power of attention and what that means to the company and why it is absolutely an intrinsic value item that must be looked at to calculate ROI.

The amount of attention a company can attract will directly relate to how well that company does. To the degree that you have “heard of” a company will dictate how well they are doing.
Have you ever heard of GE? How about Virgin? Geico? BMW? They all get a huge amount of attention for their brands. They are all a “heard of” quantity. Yet I speak to companies daily that won’t allocate funds to their brand and attention in order to become a “heard of” quantity because they can’t figure out the ROI. The fact is that their target public audience may need or want their products or services right this second but – they have never “heard of them”. These companies are failing to get a sufficient amount of attention in order to become a known quantity.

image credit: http://www.flickr.com/photos/crystalflickr/190713106/

Get attention and you will gain clients, customers and revenue, period.
You can never get enough attention. It’s something that must be pushed and expanded week after week. Your public audience needs to know about you. They need to “hear about you”. If they don’t, it will be rather difficult to cultivate new business.

The amount of attention you are attracting will affect your bottom-line. Get the word out! Put your company in the spotlight.
The ways to do this are unlimited with the internet these days. Her

e are a few ideas:

- Social Media
- Blogs
- Videos- Press Releases- Photos
- Events- Twitter
- Status Updates
- Comments
- Websites
- Bookmarking
- RSS Feeds
- Advertisements- Recommendations- Mobile Apps
- Communities
To the degree that you are failing to fully utilize the above, you are missing or losing business and hurting your bottom-line revenue.

Make a point to expand the attention you get week after week and watch your sales and revenue grow

http://richter10point2.com

Social Media FAQ

As a company, we recently gathered and combined all of the frequently asked questions about new media PR and social media we are commonly asked and composed the answers.

We have found there is a lot of confusion among companies on the use of social media, what the ROI is and how a company can effectively leverage these tools as a strategy to improve their bottom-line.

Here are the answers to the questions - http://www.richter10point2.com/faq/

If you have any questions or would like to discuss how we can help develop a new media PR strategy for your company, please get in touch anytime.

Now is the time to step up the attention your company is getting and attract interest to build reach and sales. A comprehensive new media PR strategy that is well coordinated and executed will out-perform any other option out there. We look forward to hearing from you.

 

-Richter10.2 Media Group

The Fundamental Change

Currently the marketing, PR and advertising world is experiencing one of the most dramatic evolutions over the past 100 – 200 years in what traditionally were “tried and true” methods.

I am not sure too many people and professionals fully understand this. I deal with many companies, CEO’s and CMO’s on a daily basis and across the board there seems to be some level of awkwardness and discomfort with the rapid changes.

Over the past 100 to 200 years there have been very workable and fundamental ideas related to how marketing, PR and advertising basically worked and reached a specific audience. There were specific rules and methods to execute strategies that had workable formulas such as positioning, how to write ad copy, how to grab attention via posters, billboards and TV commercials etc. Basic marketing fundamentals like what the typical percent of response will be from a marketing campaign via direct mail, etc.

While all these methodologies worked extremely well all the way up to close to now, unbelievably…. they no longer do. These methods and ideas have run their course and have essentially gone through the stages of infancy from the beginning idea to maturity to dated and now obsolete. It’s incredible to even think about and seasoned professionals clearly seem uncomfortable about it. Speaking to an experienced CMO (Chief Marketing Officer) who wants to still work off of, and hang on to, these old ideas can be rather frustrating as they try to apply something that is obsolete to a new way of thinking.

So what is relevant?

With New Media (social media, etc.) the way to communicate and engage an audience is different. It’s a conversation. It’s on-going and most of how the audience wants to be reached or is receptive to is being decided by the audience – not the marketing, advertising or PR firm. This is a very authentic and transparent approach. We aren’t trying to “spin” a story, we aren’t trying to scream a message and button at the audience to get a response and we aren’t trying to have the audience see a message 7-9 times so they will “act” So what are we trying to do?

We are focused on using new media tools (social media) as a platform to communicate with a specific target audience geared toward your company and use PR to build relations (relationships) with that target audience in order to spark conversations, increase word of mouth, generate buzz and result in interest and reach for the companies’ products or services via acceptance from that target audience.

We are authentically reaching out to get involved with the audience and make a company known to them to build awareness, brand loyalty and stay on the target audiences radar to in turn increase the sales and revenue.

I am sure you would agree that people are more inclined to do business with companies they:

1. Know
2. Like
3. Feel Comfortable With
4. Trust
5. Have a Relationship

Think this through for a second; think of a company you do business with or a person you do business with and then think about why? I am betting it’s because you know them or have a relationship with them or you personally like them or trust them. These ideas are the very essence of why new media (social media) is so powerful. It aligns with the basic way people buy and how sales typically occur.

Now I am not at all talking about spamming people on social media sites or being the “salesperson” that annoys everyone on Facebook! The idea here is to make it natural and in a PR way encompasses engagement, conversations, building new connections, making yourself known and ultimately building real relationships from a given target audience that is desirable to your company that will result in interest in reach for the company and therefore sales and revenue.

It’s not easy. It takes time and knowhow, but, when done correctly, it’s the most effective strategy you, or your company, could possibly apply in today’s market – just ask the audience!

A Simple Guide to Social Media in Business

As you may have already figured out, I am a strong believer of social media in business. I use Twitter and Facebook and blogs every day in my job, and you can too. Here are a few tips and tools to getting yourself started in the social media world.

Social Media for Business Resources

http://courtspencer.wordpress.com/2009/07/22/twitter-is-time-well-spent-not-money-well-spent/ <– Twitter is time well spent, not money.

http://enovapr2.wordpress.com/2009/07/14/its-the-law-2-0/<–Web 2 .0, social media guide.

http://blog.neoco.com/2009/07/22/a-z-of-social-media-this-is-actually-pretty-good/ <– the A-Z of Social Media

http://jeffbullas.com/2009/07/22/5-steps-to-optimize-your-email-for-social-media/ <– 5 steps to Optimize your email with Social Media

http://www.richter10point2.com/buildyourown <– Build your own WebPR campaign!

http://www.whywebpr.com/alimagnano <– My Social Media Press Kit

Ali Magnano
Director of PR
Richter10.2 Media Group
Visit Our Site

Statistics from President Obama’s Social Media Campaign

Obama and Social Media

Internet Usage in United States

United States Population: 303,824,646
Internet Usage: 220,141,969
Growth from 2000-2008: 130.9%
Stats from Internet WorldStats (Census, Nielson)

Facebook
Obama: 2,379,102 supporters
McCain: 620,359 supporters
Obama has 380% more supporters than McCain

MySpace
Obama: Friends: 833,161
McCain: Friends: 217,811
Obama has 380% more supporters than McCain

YouTube
Obama: 1792 videos uploaded since Nov 2006, Subscribers: 114,559 (uploads about 4 a day), Channel Views: 18,413,110
McCain: 329 videos uploaded since Feb 2007 (uploads about 2 a day), Subscribers: 28,419, Channel Views: 2,032,993
Obama has 403% more subscribers than McCainObama has 905% more viewers than McCain

Twitter
Obama: @barackobama has 112,474 followers
McCain: @JohnMcCain (is it real?) 4,603 followers
Obama has 240 times more followers in Twitter than McCain

It is clear that Obama has dominated social media activity. Enough said

Check out how to build your own Web PR campaign here.

Ali Magnano
Director of PR
Richter10.2 Media Group
Visit our Site

Statistics from President Obama’s Social Media Campaign

Internet Usage in United States

United States Population: 303,824,646
Internet Usage: 220,141,969
Growth from 2000-2008: 130.9%
Stats from Internet WorldStats (Census, Nielson)

Facebook
Obama: 2,379,102 supporters
McCain: 620,359 supporters
Obama has 380% more supporters than McCain

MySpace
Obama: Friends: 833,161
McCain: Friends: 217,811
Obama has 380% more supporters than McCain

YouTube
Obama: 1792 videos uploaded since Nov 2006, Subscribers: 114,559 (uploads about 4 a day), Channel Views: 18,413,110
McCain: 329 videos uploaded since Feb 2007 (uploads about 2 a day), Subscribers: 28,419, Channel Views: 2,032,993
Obama has 403% more subscribers than McCain
Obama has 905% more viewers than McCain

Twitter
Obama: @barackobama has 112,474 followers
McCain: @JohnMcCain (is it real?) 4,603 followers
Obama has 240 times more followers in Twitter than McCain

It is clear that Obama has dominated social media activity. Enough said

Check out how to build your own Web PR campaign at www.richter10point2.com/buildyourown.

Ali Magnano
Director of PR
Richter10.2 Media Group

Skittles tasting success with the latest Social Media experiment?

Skittles has relaunched their website so that it is essentially a Twitter search for the word “skittles”.

Visitors to Skittles.com are now directed to the Twitter search result for the term “skittles” and invited to navigate their way about Skittles’ social web presence by using the flash navigation menu that overlays the page. (Their homepage is now a Facebook page.)

We have experienced a lot of controversy on the Skittles new Social Media campaign. Some think that the “colors of the rainbow” have experienced an epic fail on launching this new campaign but as reported by Marketing Pilgrim in a recent post, the Skittles web site traffic experienced a “1332% increase in web visitors on March 3rd.” Pretty impressive considering only one day had passed since Skittles launched this social media experiment, which was quite a risk.

A consideration that I am hearing a lot is that, what about the ordinary people that aren’t as experienced with Social Media? And is Social Media really a way to represent a corporate website like Skittles?

Buying a piece of candy is an impulsive thing. You’re not buying a car or a house or something that you will need a lot of information on about the product and the price. Skittles is just a sweet, innocent and colorful candy, with a huge corporation. Do they really need an informative ad on their product? Not really. They are focusing on building their presence on the web, and Social Media has proved to be the way to do that. And are there really any regular web users who have never heard of social networking and the most common web apps?

I suspect not. So, after all, great work Skittles.

Ali Magnano
Director of PR
Richter10.2 Media Group
Visit our Site

Twitter PR

The buzz around Twitter is spectacular!! Everywhere I turn I hear about it….

What have they done to accomplish this? Well here is what has not been done:

-No marketing campaign

-No advertising campaign

Twitter has one of the best PR campaigns I have ever seen…. word of mouth and buzz which has rapidly build interest, reach and users!! The real estate value of Twitter must be going through the roof by the day!

This shows how you can use social media communications and tools like Twitter to get people talking and create buzz that can be targeted to an audience and result in huge amounts of demand, interest and reach.

If used effectively, any company can benefit from this exact strategy t0 generate reach, sales and revenue. PR is what does it.

Best

-Robert Cornish