Showing posts with label trust equation. Show all posts
Showing posts with label trust equation. Show all posts

Friday, May 2, 2014

PR Insider: 5 PR Trends Gaining Traction

Written by Brian Spero
Since the rise of the Internet, the traditional landscape of public relations has been in a near-constant state of flux. However, at its core, PR still remains about disseminating information to the public with the goal of cultivating mutually beneficial relationships built on trust and understanding. To be successful, PR pros are compelled to continually analyze their processes and be flexible to change in order to remain relevant in the modern business structure.
In many circles, 2014 has been earmarked as an important milestone in PR, as professionals have the opportunity to assume a central role in the success and progress of organizations by embracing a future that has already arrived. If you are searching for strategies to secure your place in the boardroom and advance your department to the cutting edge, consider these five PR trends gaining traction:
Picture quote chosen by Refresh Agency team, and not part of original article

1. Continued Push for ROI
The old line is that it is too difficult to calculate a return on investment for the broad scope of a public relations campaign. This is stale and ineffectual thinking in the digital age. In order to justify their existence and command the attention of corporate decision makers, PR managers need to get over the fear of relying on data and numerical formulas to judge results.
The general consensus among industry experts is that technology is close to cracking the code on accurately measuring the impact of PR, providing increasingly sophisticated tools for gauging things such as consumer engagement, brand sentiment and actions directly attributed to incoming revenue, while at the same time illuminating areas of strategic adjustments to optimize campaigns.
2. Erasing Traditional Boundaries
In recent years boundaries have clearly been blurred for PR professionals, especially for those who cut their teeth in the era of more traditional media. While there has been some reluctance to crossing lines that had been established for generations, the mandate now seems to be either rebel from past conventions or perish.
PR teams have to get comfortable not only with the idea of collaborating closely with complementary departments such as marketing and sales, but also embrace the concept of working with fans who in many ways are now a business's most effective spokespersons. The reality is the use of channels such as social media marketing, content marketing and SEO in business have moved marketing and sales into the realm of public relations. In turn, PR must get more closely involved in marketing and sales, or otherwise risk getting pushed aside.
3. Advanced Brand Journalism
The fact that traditional media is undergoing a precipitous decline has been well documented, leaving public relations departments searching for more sustainable ways to disseminate their messages to the masses. Charged with the arduous task of growing a unique targeted audience and engaging it with effective content, businesses are increasingly expanding brand journalism capabilities by contracting freelancers or bringing seasoned journalists and publishers in-house to enhance their ability to develop and execute winning content strategies.
At the heart of this trend is the growing importance for PR practitioners to recognize social media and digital publishing as new preferred outlets for accessing news. At the same time, they need to leverage the ability to identify audiences through data analytics and intelligently deliver content over preferred channels.
4. Renewed Emphasis On Trust
Building trust with the public has long been a foundational aspect of an effective PR campaign. However, in the virtual environment, where individuals are exposed to threats they are ill equipped to deal with, it is essential to send a message that instills confidence and trust.
Look no further than the recent Target data breach for an example of how poorly prepared even the most powerful corporate entities appear to be in dealing with security concerns and the toll it can take on reputation and profitability. In reaction, businesses do well by posturing as leaders in dealing with the emerging threats of the 21st century by relating in real terms the progressive actions they are taking to harbor a secure environment to conduct business in.
5. The Social Mission
The success of social enterprises (i.e., organizations that operate as commercial entities with the goal of generating revenues to support important human and environmental change) such as TOMS shoes and Seventh Generation has reverberated throughout the corporate world. While not every business is now ready to shift its focus from serving investors or a board of directors to serving the needs of the underprivileged, the concept of tying a philanthropic mission to the brand objective is a powerful tool for winning over socially conscious consumers.
Consider the move CVS recently made by announcing that it would no longer send the mixed message of selling cigarettes while positioning itself as a comprehensive health and wellness provider. Aligning your business with a social cause that resonates with your core consumers and taking action that holds real potential for change can forge deeper emotional connections with the public.
Final Thoughts
Public relations is transforming in many ways - but ultimately, the goals remain the same. By crossing over traditional boundaries, utilizing modern tools to achieve results and demonstrate effectiveness, and placing deeper emphasis on the very fabric of an organization that makes it valuable and unique, PR professionals can ride the winds of change to greater relevance in the days and years to come.
What additional PR trends do you foresee taking root?
Brian Spero is a social media specialist and online contributor to Moneycrashers.com. He frequently writes about technology, marketing, small business, and finance. 
Article published from PR News Online 

You might also like to read LOHAS JOURNAL blog TRENDS IN GREEN Social Media as Social Currency: Selling Through Social Influencing written by Sandja Brügmann to learn more about how to build trust with your customer and through your strategic and behavioral communication and marketing.

Monday, February 10, 2014

Social Media as Social Currency: A 5 Step Guide to Increase Authentic Influencer Standing

Written by Sandja Brügmann, CEO and Founder Refresh Agency


Social influencing is the ability to influence behavior through your social & digital networks. A strong ability to influence your social network equals high social currency net worth, which doesn’t just translate into a high number of followers and engagements, rather it is a direct financial impact of your company’s bottom line and potential for long term success.

Purchasing power is in the hands of people, and business is no longer B2B or B2C, rather business is S2S – soul to soul. Success in business is dependent on personal relationships. 92% of consumers around the world say they trust earned media, such as word-of-mouth and recommendations from friends and family*.

As the communication gab between brands and consumers have largely disappeared, and consumers can get access to any information about your company, and reviews on how others, whom they trust, experience shopping with you, your customers go social to find out about you, before they buy. And, they do not go to your website. They go to the key influencers talking about your business.

Social technologies offer effective & efficient ways to increase & engage your network both locally and globally, and it is of great value to most businesses to find the key to building social currency. So, how do you crack this code to become a trustworthy social influencer?

Passion

Get beneath what you do & sell, and into the core of why you do what you do. Draw your audience towards you with your contagious passion for why you do what you do. If you are only focused on what you sell, the communication and connection with your audience will be too superficial to build social influencer standing.

Purpose

People are hungry for meaning & connection with other people, and purpose is a strong motivator in attracting a community of like-minded people, who share your values and can help bring your purpose-driven cause and business to life. Give your audience a way to connect and be part of your purpose. If you talk about a product on your company Facebook page, drive the context back to your purpose. Why is it that sharing this product with your followers is important. If the answer is ‘to sell more product’ you are not digging deep enough. Underneath the desire to sell more lies your true purpose.

Give

When you give from an authentic place - considering what the person in front of you needs or feels inspired about; because without a manipulating & self-serving hidden motive, we connect with people on a deeper level. If you keep this behavior consistent over time, you develop trust and loyalty with your audience & community. And, that’s what you need – people, who are loyal to you, who come back again and again, and, who also act as your ambassadors telling their friends about you. They will start doing this on their own, when you clear your attachment to a particular outcome and give to them from a clean place.

Trust

Trust is build over time, and is based on your consistent trustworthy behavior through all the touch-points between you and the people, who encounters your business – both internally & externally. This includes your website, all your social media profiles, any marketing materials, products, packaging, displays, written words, visual communication, how employees are treated – and most importantly, the behavior of everyone on your team, and how you and your team act in your local community and in the world at large. People buy from people they trust.

Evaluate your business on the below Trust Equation, so you can determine the current standing of your company’s trust building ability. From here you can create actionable efforts to increase the areas of weakness.


Credibility: Your expertise as shared with your audiences. How knowledgeable are you in your field? Does your audiences see you as a credible expert? Do they listen to you?

Reliability: Are you being consistent in frequency, tone of voice and visual feel in all touch-points? Do you follow through on delivering what you promise – every time?

Intimacy: Your ability to make someone feel comfortable in opening up and being themselves with you.

Self-Orientation: Where is your focus? The more you focus on the other, the more trustworthy you come across. If you are too self-oriented, you come across as low in trustworthiness.*

Plan

Random acts of social media do not work. If your goal is to increase your social influencer status, then you need to create a plan. But, before you plan, work through each of the above stages, and do your work. Observe yourself, your brand, your employees and all your communication touch-points thoroughly. Be honest with yourself. Identify your weaknesses, and create an action plan to improve these areas. Continue to observe, and fine tune behaviors again and over time. I recommend that you see this process of becoming better as a playful process of imperfection. There is no final perfection, but rather, this is a lifelong process of finetunement.


* Sources:
Nielsen: Global research study April 10, 2012
Jeff Bullas: The 10 Big Social Media Marketing Trends in 2014. Jan, 2014
Social Media Today: Is Self-Orientation Killing Your Trustworthiness by Charles Green

Image credit top of page: MarketingTango.com