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Public Relations
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IR Website Best Practices Earnings Call Checklists and Preparation Earnings Press Release Tips Investor Day Recommendations If you own or work for a small business, chances are you’re not making the most of your PR opportunities and might be wondering
how to get press
.
It’s a common misconception that only large, multimillion-dollar companies need to worry about PR. Such well-known brands thrive on visibility and often have recognizable leaders and spokespersons who appear with regularity on television and social media. For them, business is always done in public, meaning constant oversight and a recurring need for a PR professional’s expertise.
The truth is, however, that PR can be a powerful tool for small businesses as well. Start with a
company press release
to keep your customers and attract new faces. Whether you use it to grow or to show off your values and brand image to an industry target audience, public relations can offer limitless opportunities no matter your revenue or number of employees.
In this guide, we answer some common questions about PR for small businesses and offer useful tips and tactics to help you instantly elevate your PR effort and capabilities.
Do Small Companies Need PR?
Okay, so we might have already answered this one but the answer is a resounding yes. A solid PR strategy can be effective for any business, regardless of size.
Another way to frame the question is “What do small companies need PR for?”
Here are some benefits to keep in mind for
PR for startups
and small businesses:
How Do Small Businesses Get Their PR?
As is true for most business needs, the question of how to get PR will depend on your budget, your brand, your industry, and the size of your company. In other words, there’s no universal strategy for approaching PR, but that doesn’t mean you don’t have options.
In terms of personnel, a small business can either employ a dedicated PR specialist and, if necessary, assemble a public relations team, or it can outsource its PR needs with a firm.
The first option, while it could be more expensive, would be preferable for a business that both has the funds and regularly engages with partners, consumers, clients, and the community through a variety of resources. A dedicated PR team could provide a homegrown touch to industry newsletters, news stories, social media posts, and community initiatives. Their proximity to your company and its values would generate authenticity while ensuring consistency across all channels of communications.
If your business has more specialized PR needs or can’t afford to staff PR professionals on a permanent basis, you may seek the expertise of a PR consultant or firm to help shape a new strategy or promote an exciting new product.
Choosing Your PR Partner
Before selecting a PR agency to work with, it’s important to do your research, make comparisons, and assess both your budget and needs
What Is the Cost of PR for Small Businesses?
The median income for PR specialists in the US is $61,150.2 If you want to hire someone with more experience and seniority, a marketing director can demand an average annual salary of $93,447, while a senior public relations specialist could cost an average of $99,561 per year.3
It’s not exactly cheap, but if the reasons for having an in-house specialist or team listed above resonate with you, and if you have the budget to take on full-time PR representatives, then you should, by all means, do so.
In comparison, a consultant could cost an average of $26 per hour regardless of industry.4 If you’re looking to enlist the services of an agency, a low-end monthly retainer would range from $2,000-$5,000, while a top-notch provider could ask for between $20,000-$50,000 per month.5
For a small business that can’t quite commit to in-house PR, a qualified consultant and even an affordable PR agency could make sense in the long run.
The best part about PR, however, is that much of it can be free. By communicating within your industry, being an active member of your community, and maintaining a stable of loyal clients and customers, you can support your brand’s image and get new leads without hiring specialists and paying exorbitant retainers. Better yet, a calculated strategy blending self-generated PR with professional assistance can do wonders for your small business without necessarily breaking the bank either.
Useful Small Business PR Tips & Tactics
However you choose to conduct PR for your business, it’s important to know what tactics have been proven to succeed in a highly connected digital environment without sacrificing the human touch your customers and clients crave.
Here are some tips to take with you as you strategize and optimize your small business’s approach to PR.
Find Your PR Partner in ACCESSWIRE
At ACCESSWIRE, we understand the value of corporate storytelling and have a proven reputation for helping small businesses with their PR needs. As you work to develop a strategy that fits your business, be sure to keep us in mind as a resource to turn to at any step of the process. Contact us to learn more about our
press release service
today!
Sources:
Indeed. 40 Public Relations Job Titles: Entry-Level, Mid-Level and Senior Roles.
Salary.com. Hourly Wage for ConsultantPublic Relations Salary in the United States.
SmallBizGenius. 50+ Eye-Opening Branding Statistics - 2021 Edition.
Tigrett. How Much Does PR Cost and What to Expect.
U.S. News & World Report. How Much Does a Public Relations Specialist Make?