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Chapter 13: PUBLIC RELATIONS and CORPORATE ADVERTISING 13.1. Public Relations. PUBLIC RELATIONS Marketing & Management Function Focusing on Communications that Foster Goodwill Between a Firm and its Many Constituents
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Chapter 13: PUBLIC RELATIONS and CORPORATE ADVERTISING 13.1
Public Relations PUBLIC RELATIONS • Marketing & Management Function Focusing on Communications that Foster Goodwill Between a Firm and its Many Constituents • Constituents Include Customers, Stockholders, Suppliers, Employees, Government Entities, Educators, Citizen Action Groups, Local Communities where Firm has Operations and General Public • Publicity – Component of PR Process represented by News Media Coverage of Events Related to a Firm’s Products, Employees or Activities 13.2
Microsoft Used Advertising to Facilitate its Public Relations Efforts 13.3
Public Relations (con’t) OBJECTIVES FOR PUBLIC RELATIONS • Promote Good Will • Promote a Product or Service • Prepare Internal Communications • Counteract Negative Publicity • Lobby • Give Advice and Counsel 13..4
Public Relations (con’t) TOOLS OF PUBLIC RELATIONS • Press Releases • Feature Stories • Company Newsletters • Interviews and Press Conferences • Sponsored Events • Publicity 13.5
A Newsletter as a PR Tool Can Reach a Wide Range of Constituents 13.6
Public Relations (con’t) PUBLIC RELATIONS AND NEW MEDIA • Internet • Pro-Active Public Relations • “Buzz” Through Word-of-Mouth • One Drawback – Trying to stay Ahead of Information Dissemination 13.7
Intel Had a Difficult Time Staying Ahead of the Internet “Buzz” About Flaws in the Pentium Processor
Public Relations (con’t) BASIC PUBLIC RELATIONS STRATEGY • Proactive Strategy • Public Relations Audit • Public Relations Plan • Current Situation Analysis • Program Objectives • Program Rationale • Communications Vehicles • Message Content • Reactive Public Relations Strategy • Public Relations Audit • Identification of Vulnerabilities 13.9
Corporate Advertising SCOPE AND OBJECTIVES OF CORPORATE ADVERTISING • Build Image of Firm Among Customers • Boost Employee Morale or Attract New Customers • Communicate Organization’s Views on Certain Issues • Better Position Firm’s Products Against Competitors • Play a Role in Overall Integrated Marketing 13.10
Corporate Advertising (Con’t) TYPES OF CORPORATE ADVERTISING • Corporate Image Advertising • Advocacy Advertising • Cause-Related Advertising 13.11
Corporate Image Advertising Does Not Highlight Specific Brand Features
Corporate Cause Advertising Associates the Firm with a Social Cause 13.13