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01.09.2008

Public relations

Public relations offer several advantages which are not found in other promotional options.
 
Firstly, PR is often considered as a highly credible form of promotion. One of PR’s key points of power rests with helping is to establish credibility for a product, company or person in the minds of targeted customer groups by capitalizing influence of a third-party -- the media. Audiences view many media outlets as independent-party sources that are unbiased in their coverage, meaning that the decision to include the name of the company and the views expressed about the company is not based on payment (i.e., advertisement) but on the media outlet’s judgment of what is important. For example, a positive story about a new product in the business section of a local newspaper may have bigger impact on readers than a full-page advertisement of the product since readers perceive the news media as presenting an impartial perspective of the product.
Secondly, a well-structured PR campaign can result in the target market being exposed to more detailed information than they receive with other forms of promotion. That’s why, media sources often provide more space and time for explanation of a product.
Thirdly, depending on the media outlet, a story mentioning a company may be taken from a large number of additional media, thus, spreading a single story into many other directions.
Finally, in many cases objectives of the public relations can be achieved at very low cost when compared to other promotional efforts. This shouldn’t make you think that PR doesn’t cost that much, it may be, especially when a marketer hires PR professionals to handle the work. But when compared to the direct cost of other promotions, in particular advertising, the return on promotional expense can be quite high.

SOURCE: http://www.knowthis.com/tutorials/principles-of-marketing/public-relations/2.htm
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