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Picking the right PR company
How should you go about selecting a PR agency?
Rainier PR provides some answers in this white paper.
Image
is everything. If you're reading this then you are
already aware of the value of PR, but in selecting
an agency you must always remember - a company lives
or dies on the strength of its brand. The road to
brand heaven is littered with misfortune - Pan-Am,
for example, now synonymous rightly or wrongly, with
the Lockerbie bombing. On the other hand, you know
you've arrived when your name becomes a verb - "I'll
Hoover the floor", "why don't you Google
that?" or "can you Xerox this for me?"
Advertising
plays its part, but public relations help is vital
in keeping the brand strong by ensuring it is in the
public psyche and, even more importantly, out of the
media when there's trouble at mill. This means that
there can be no room for error when selecting the
consultants that will guide the future of your brand.
In this white paper we will be covering what to look
for in an agency and how to actually go about picking
one.
Deliverance
High calibre PR consultants deliver is market knowledge,
sound counsel in a crisis and the gift of communicating
corporate messages via the media to the ultimate audience,
the customer. But the question for every corporation
that treasures its brand is which agency to choose?
So what qualities should the right agency possess?
This
can be summed up quite simply. They must:
- understand your brand
- know your market
- have imagination and experience
- possess wide media knowledge and strong relationships
- fit culturally with the client's organisation
Process
Long-term relationships are the key to a successful
brand, underlining the importance of getting it right
first time round. While the selection process can
be long-winded it should be seen as an investment
in your organisation's future. If a company needs
to build its brand from scratch, look for an agency
that has a track record of launching start-ups. For
those reviewing their existing PR company, the implications
require more thought. According to the Public Relations
Consultants Association (PRCA), there are several
main things to consider when looking into recruiting
a PR agency.
The
first of those is to know why you are reviewing your
PR in the first place if you have an agency already.
Would a change of PR company really be in the best
interests of the organisation you represent? And if
you are looking to make that change, do you have buy-in
from senior decision-makers in the process? If your
company has a purchasing department, it will be important
to involve them from the start.
Legal
departments will also want a say in drawing up the
contract and companies must be aware of the notice
period on their existing agency agreement and honour
it. This will typically be three months. During this
time, however, it is important to drive home to the
incumbent agency that is not to be a 'lame duck' quarter
- you are still paying for a service, after all.
Care
must be taken in informing the incumbent so that news
of your reviewing agencies does not hit the pages
of the industry organ, PR Week. It is even worth making
sure that agencies do not sign the visitors' book
on reception to avoid rumours that you are pitching.
Full
agreement must be gained between the relevant parties
as to what the objective of any PR campaign is and
what budget should be set aside to realise it. These
steps should all be taken before the pitching process
takes place.
According
to the PRCA, most successful appointments are not
based on the quality of the pitch itself, more the
reputation of the agency, chemistry and endorsements
from the agency's existing client list.
Formulating
a pitch is a resource drain on the agencies due to
present, so this must be borne in mind - if you feel
that the agency is not really going to stand a chance
just on what you know already, don't waste their time.
It
may be worth meeting each one in your long list (maximum
ten) to give them a pre-brief, making the budget and
objectives clear, plus it gives you a chance to test
the water and decide whether you really want to continue
with that agency. This will often include the incumbent.
Cut
this to the three most impressive companies and invite
them in to pitch, ensuring they sign a confidentiality
agreement if necessary. Make the timeline for the
pitching process clear and make sure you adhere to
it - typically it stretches over a period of four
weeks.
Right
fit
The typical agency model, even in a field where specialist
knowledge is imperative such as in the IT industry,
is one which usually relies on graduates to implement
the plans of more experienced planners. This is a
risky route to select for the client as those people
at the cutting edge of carrying forward the company's
message are relatively inexperienced. Is this really
the way an organisation wants its first impression
to be made? Quite simply, highly paid communicators
are entrusting your messages to poorly paid and often
unmotivated juniors.
It
is better to trust agencies with a senior structure
made up of seasoned professionals that can maturely
communicate a message with a proven track record of
innovation and useful media contacts.
When
considering an agency, size and location are also
vital ingredients. If your offices are based in Basingstoke
why employ an agency based in Nottingham? Despite
modern communications technologies, there's no replacement
for face-to-face communications so being within a
reasonable travelling distance to the agency is vital
- because their time is your money, after all.
Chemistry
is key, however, and will probably prove to be the
deciding factor. Bear in mind that you will be in
daily contact with these people and will often be
still propping up the bar with them come closing time
on foreign soil, so you must feel comfortable and
have common ground.
End
of the affair
While making sure that your incumbent fulfils its
obligations during the notice period, it is imperative
that they co-operate with the new agency during handover.
They must also return any materials and continue to
respect confidentiality agreements - it would be unprofessional
to do otherwise and reflect badly on them.
For
those agencies that were unsuccessful in pitching
it is likely that they will like to know where they
fell down, so be prepared to answer some difficult
questions. These agencies should also return any confidential
materials.
Way
forward
Negotiate the contract with the new agency and agree
objects and workable schedules of targets and events
going forward. Make sure they stick to them. One good
way of doing this is by relating fees to objectives
- for example, if targets are exceeded by 20 per cent,
the budget for projects goes up accordingly. Should
it under-perform by 20 per cent so should the budget
drop. This should encourage against complacency.
Choosing
a new agency should be the start of a beautiful friendship.
Taking the above steps should help ensure this happens
because, after all, image is everything.
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1.
Evaluate why you need PR or are changing your
agency
2. Assess who is involved in the process and
their remit
3. Inform your existing agency, and ensure any
notice period is honoured by both sides
4. Ensure that you have a clear brief and outline
objectives to agencies, and select a clear selection
criteria
5. Be prepared to handle media interest if it
is revealed publicly that your account it open
to tender
6. Shortlist agencies that have a proven track
record in your industry and potential future
markets
7. Select the agency with whom you have the
best chemistry with and which possesses the
best ideas and experience, not the one with
the cheapest price
8. Negotiate the contract, offering rewards
for good performance and penalties for underperformance
should you feel it necessary
Figure: Agency selection checklist
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