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	<title>8020 Communications &#187; Marketing</title>
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		<title>Thought leadership: the four magic ingredients</title>
		<link>http://www.8020comms.com/blog/2010/02/thought-leadership-the-four-magic-ingredients/</link>
		<comments>http://www.8020comms.com/blog/2010/02/thought-leadership-the-four-magic-ingredients/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 10:01:04 +0000</pubDate>
		<dc:creator>louise</dc:creator>
				<category><![CDATA[Integrated PR]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://www.8020comms.com/blog/?p=1258</guid>
		<description><![CDATA[Thought leadership is one of the most effective techniques in public relations. By identifying an issue your customers care about, and sharing your insights into it, you can establish a reputation as an expert. Before you know it, new business can be beating a path to your door. And yet, so many businesses get thought [...]]]></description>
			<content:encoded><![CDATA[<p>Thought leadership is one of the most effective techniques in public relations. By identifying an issue your customers care about, and sharing your insights into it, you can establish a reputation as an expert. Before you know it, new business can be beating a path to your door. And yet, so many businesses get thought leadership wrong. The secret is to apply four basic marketing principles.<span id="more-1258"></span><strong></strong></p>
<p><strong>1. Understand your audience.</strong> Decide at the outset who you are marketing to. For example, board directors have very different interests to IT project managers. If targeting CEOs, get into their mindset by reading The Economist on a regular basis, which can make it easier to spot topical themes in your field. For example, the plight of the ‘PIGS’ economies (Portugal, Italy, Ireland, Greece and Spain) is presently worrying many top executives, so any new insights you can offer here will fall on fertile ground.<strong></strong></p>
<p><strong>2. Merchandise your ideas.</strong> Retailers know a thing or two about presentation. A product that is attractively presented and catches the eye can fly off the shelves. The same applies to your opinions. If you are writing expert articles for the trade press, think like a reader. Be topical, ban jargon and avoid unnecessarily long sentences. We are all busy, so write as concisely as possible: a 600-word article will comfortably fit on a single A4 page with an attractive picture; a longer article may obscure your central message and carries a greater risk of reader fatigue.<strong></strong></p>
<p><strong>3. Offer the right features.</strong> Market research can be powerful for thought leadership, giving your audience authoritative insights into issues and trends. However, research can be expensive, so it is vital to include the features people want. It is a given that the topics should really interest the target audience. But, if you want the study to be newsworthy, think about the issues the media cares about too. Your audience wants to trust your findings, so your choice of polling agency also counts: to win over major corporations and national media outlets, choose a ‘name’ research agency, such as GfK NOP or TNS, and accept that this costs more. Lastly, make the conclusions unambiguous by applying your own interpretation in a compelling, succinct report.<strong></strong></p>
<p><strong>4. Promote, promote, promote.</strong> A research report or white paper is a campaigning tool that should be exploited over a period of months. Maximise the return on your invested time and money with a properly structured plan. This might include press releases, articles, interviews, speeches, briefing breakfasts, email marketing, annual reports and client prospect meetings. By involving staff at all levels, this work can be shared in a way that makes it manageable for even small organisations.</p>
<p>Properly executed, thought leadership is a highly-effective way to increase a firm’s profile and top line. With the right approach and attitude, its benefits are open to almost anyone.</p>
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		<title>Law Firm PR: 10 things every partner should know</title>
		<link>http://www.8020comms.com/blog/2010/02/law-firm-pr-10-things-every-partner-should-know/</link>
		<comments>http://www.8020comms.com/blog/2010/02/law-firm-pr-10-things-every-partner-should-know/#comments</comments>
		<pubDate>Wed, 17 Feb 2010 15:16:01 +0000</pubDate>
		<dc:creator>louise</dc:creator>
				<category><![CDATA[Financial Services]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Integrated PR]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Media Relations]]></category>

		<guid isPermaLink="false">http://www.8020comms.com/blog/?p=1187</guid>
		<description><![CDATA[When it emerged recently that KKR had turned to Simpson, Thacher &#38; Bartlett to advise on its Pets at Home acquisition, rather than long-standing M&#38;A adviser Clifford Chance, the move underlined a harsh reality for law firms: competition for clients has never been greater. New times require new thinking, so it is essential to use [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.8020comms.com/blog/wp-content/uploads/2010/02/notebook-and-pen-cropped.jpg"><img class="alignright size-medium wp-image-1188" title="Law Firm PR" src="http://www.8020comms.com/blog/wp-content/uploads/2010/02/notebook-and-pen-cropped.jpg" alt="" width="100" height="71" /></a>When it emerged recently that KKR had turned to Simpson, Thacher &amp; Bartlett to advise on its Pets at Home acquisition, rather than long-standing M&amp;A adviser Clifford Chance, the move underlined a harsh reality for law firms: competition for clients has never been greater. New times require new thinking, so it is essential to use marketing intelligently.<span id="more-1187"></span></p>
<p>Public Relations offers the greatest value of any marketing discipline, and is a powerful way for law firms to differentiate themselves. However, for PR to work, it is vital to understand the process first.</p>
<p>Here, we set the record straight on 10 common misapprehensions about law firm PR:</p>
<p>1. <strong>&#8220;It&#8217;s superficial.&#8221;</strong> Wrong. PR is what companies use to actively      manage their reputations and, thereby, attract and influence clients. Press      coverage is one of its principal outputs, but PR is a management      discipline. It starts with a fundamental assessment of what a firm is      trying to achieve and sets out a communications programme to help deliver      this. For a law firm, reputation is everything, so PR demands the      involvement and commitment of partners.</p>
<p>2. <strong>&#8220;Advertising is a safer bet.&#8221;</strong> Advertising and PR are not the      same, and each has its strengths. Through advertising, you pay for media space      and, in return, have total control over what appears. However, everyone      knows you have paid for an advert, and factors this into their thinking.      Positive media coverage, in contrast, carries the weight of third-party      endorsement: people are more inclined to believe what their preferred      publications tell them. Furthermore, while advertising&#8217;s skill is      delivering a simple message well, PR can address a range of topics in      detail. For a law firm, PR offers a larger shop window for showing off your      intellectual wares.</p>
<p>3. <strong>&#8220;Journalists are out to get you.&#8221;</strong> Wrong again. What journalists      are out to do is get a story that interests their readers. That doesn&#8217;t      mean they have it in for you, just that they may not see things as you do.      The secret is to find a way of meeting your needs and theirs. By      understanding the publication and what it&#8217;s interested in, you look for a      way to tell a story that the journalist can use.</p>
<p>4. <strong>&#8220;They didn&#8217;t run our story.&#8221;</strong> No business has an automatic right      to coverage, especially if a story is weak. What may be important to you      may be of little interest to anyone else. It is important to be realistic      &#8211; ask yourself whether you would read a publication that routinely      published information that has no impact on you. A press release is more      likely to be used if the news is genuinely significant to the wider world.      But, even if you don&#8217;t have news of that calibre, there is still plenty to      be done using other PR techniques &#8211; press releases are only the most basic      tools, accounting for a minority of coverage that a law firm can achieve.</p>
<p>5. <strong>&#8220;Our clients don&#8217;t read the legal press.&#8221;</strong> In many cases, this will be true,      although trade press coverage is worth pursuing to attract high-quality      staff and create an aura of success (both of which impact on clients).      Getting into the media read by clients usually means tackling their industry      trade press and national/international news media. The higher up the food      chain one goes, the harder it is to gain coverage. However,      well-considered approaches and persistence frequently win out, provided      that a story is designed to meet the needs of the title. Opportunities      exist all over the place, and the challenge for a law firm PR is to      exploit these.</p>
<p>6. <strong>&#8220;They didn&#8217;t write what we gave them.&#8221;</strong> A press release is not a      legal document, it is just one element of a story. It is the journalist&#8217;s      job to weigh up what is received, and to use this (or not) in a story of      wide appeal. Publications that reproduce press releases verbatim don&#8217;t      command a following (at least, not in the developed world), so it isn&#8217;t      important if your material isn&#8217;t used in full. Provided that you are not      misquoted or misrepresented, your inclusion should be judged a success.      The more you develop a track record with journalists, the better your      coverage should become.</p>
<p>7. <strong>&#8220;We can&#8217;t be controversial.&#8221;</strong> It is a myth that bland statements      are the right approach with the media. It is worth repeating: journalists      are not all out to get you. Therefore, help them and yourself by having      something interesting to say. Opinions are the bricks and mortar of press      coverage, and law firms are in the business of having views. Prepare in      advance for an interview and use it to showcase your expertise.</p>
<p>8. <strong>&#8220;I&#8217;m too busy to return calls.&#8221;</strong> Failing to return calls is a cardinal      sin in the eyes of journalists, who work to tight deadlines and need to      reach people at short notice. Even if you are unable to come to the phone,      ensure that someone else does and helps as best as possible. Media      Relations involves the building of trust over time; if you become seen as      only taking but not giving, budding relationships with journalists will rapidly      wither.</p>
<p>9. <strong>&#8220;We need a quick result.&#8221;</strong> With national newspaper journalists      typically receiving over 300 press releases a day, it takes time to get on      their radar, and even longer to become trusted. While some PR techniques      can yield short-term benefits, the successful development of a corporate      reputation is a long-term undertaking. It is therefore important to set      your expectations properly at the outset and recognise that marketing is      an ongoing investment. Provided you are winning more than you are losing,      you are doing well.</p>
<p>10. <strong>&#8220;PR is expensive.&#8221;</strong> PR is in fact extremely cost-effective compared      to other forms of marketing, including advertising. This is partly why the      PR industry was only marginally affected by the recession, while      advertising suffered far more. Like lawyers, PR agencies charge for their      time, but typically at lower rates. Not all agencies are alike, and      through careful evaluation of their skills, experience and rates, it is      possible to find PR support that is right for you.</p>
<p>To find out more about using PR to best effect, contact <a href="mailto:mcornelius@8020comms.com" target="_blank">Marc Cornelius</a> at 80:20 Communications.</p>
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		<item>
		<title>Barefaced cheek</title>
		<link>http://www.8020comms.com/blog/2009/03/barefaced-cheek/</link>
		<comments>http://www.8020comms.com/blog/2009/03/barefaced-cheek/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 14:39:10 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
				<category><![CDATA[Aviation & Travel]]></category>
		<category><![CDATA[Integrated PR]]></category>
		<category><![CDATA[Airlines]]></category>
		<category><![CDATA[Aviation]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://www.8020comms.com/blog/?p=361</guid>
		<description><![CDATA[Top marks to Aer Lingus for the cheekiest marketing stunt on St Patrick&#8217;s Day.  Getting 999 punters to line up in the buff to promote a new low-cost fare is certainly one way of getting your message across.  You&#8217;d think their corporate affairs fella would&#8217;ve looked slightly more excited about the whole thing!

]]></description>
			<content:encoded><![CDATA[<p>Top marks to <a title="Aer Lingus" href="http://www.aerlingus.com/cgi-bin/obel01im1/bookonline/index.jsp" target="_blank">Aer Lingus</a> for the cheekiest marketing stunt on St Patrick&#8217;s Day.  Getting 999 punters to line up in the buff to promote a new low-cost fare is certainly one way of getting your message across.  You&#8217;d think their corporate affairs fella would&#8217;ve looked slightly more excited about the whole thing!<span id="more-361"></span></p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="src" value="http://www.youtube.com/v/q9Za16MPH0Q&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/q9Za16MPH0Q&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" allowfullscreen="true"></embed></object></p>
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		<title>Lufthansa teaches geography</title>
		<link>http://www.8020comms.com/blog/2009/03/lufthansa-teaches-geography/</link>
		<comments>http://www.8020comms.com/blog/2009/03/lufthansa-teaches-geography/#comments</comments>
		<pubDate>Tue, 10 Mar 2009 17:51:08 +0000</pubDate>
		<dc:creator>Marc</dc:creator>
				<category><![CDATA[Aviation & Travel]]></category>
		<category><![CDATA[Integrated PR]]></category>
		<category><![CDATA[Aviation]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Viral]]></category>

		<guid isPermaLink="false">http://www.8020comms.com/blog/?p=344</guid>
		<description><![CDATA[Here&#8217;s a great little game from Lufthansa.  The challenge is to be able to find various destination cities on a map, racing against the clock.  Strangely addictive stuff and a great example of viral marketing done well.  Also rather embarrassing when you see how far off you are&#8230;
]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s a <a title="Lufthansa Virtual Pilot" href="http://www.lufthansa-usa.com/useugame2007/html/play.html" target="_blank">great little game from Lufthansa</a>.  The challenge is to be able to find various destination cities on a map, racing against the clock.  Strangely addictive stuff and a great example of viral marketing done well.  Also rather embarrassing when you see how far off you are&#8230;</p>
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