PR Information

Financial Planners, Why Advertise When Free Publicity and Marketing Is Better?


Commit this to memory, please: To get in the media, being good is good enough.

You don't need to be perfect, or even the best in your profession. There's no elaborate entrance exam or competition to determine who gets media coverage.

The prize goes to those professionals who are competent or better, and who understand how to play the publicity game.

I have absolutely nothing against advertising as a means of getting exposure and a wider audience. In many cases, it's just what you need, and deserves a spot in your marketing mix.

But (have you noticed?) it is expensive, isn't it? And, in the end, it's still you saying you're great, which isn't as good as them saying it. I just think of it this way:

Advertising - buys you visibility
Publicity - earns you credibility

Sure, you're good. But, let's face it. So are many of your financial planning peers and competitors. But you can be the one who gets into the media. Because you knew how to get a reporter's attention.

You understand that getting in the media doesn't require you to be the best financial planner on Earth.

I am also a big believer in direct mail marketing. It's a superb tactic to build ongoing relationships with clients, customers, and prospects.

But, unless you're ready to cough up big bucks to buy mailing lists, it limits you. You can only reach the people you already know - the ones in your database. All those people will get to know you better, and that's good - but you won't be meeting any new prospects. To do that, it's either spend on lists or advertising, or learn how to get yourself some free publicity.

Ned Steele works with people in professional services who want to build their practice and accelerate their growth. The president of Ned Steele's MediaImpact, he is the author of 102 Publicity Tips To Grow a Business or Practice. To learn more visit http://www.MediaImpact.biz or call 212-243-8383.


MORE RESOURCES:

Truancy Endangers Graduation Goal in Pr. George's
Washington Post, United States - 5 hours ago
By Nelson Hernandez The Prince George's County Board of Education recognized a grim reality last night in the struggle to get more than 2700 high school ...


New York Daily News

Ford's PR campaign: CEO Alan Mulally drives to hearings (no ...
New York Daily News, NY - 7 hours ago
BY CATEY HILL In a massive about-face for Ford, CEO Alan Mulally drives - as in, no private jet - to the bailout hearings and says he'll accept a $1 yearly ...
Big Three CEOs Stage PR Comeback? Minyanville.com
all 2,172 news articles


Weather Causes Multiple Fires at Pr. George's Building
Washington Post, United States - Dec 1, 2008
AP Prince George's County fire officials said high winds and a rain gutter have caused multiple fires at an apartment complex. County fire spokesman Mark ...


How to Use Social Networking Sites for Marketing and PR
New York Times, United States - 2 hours ago
Krista Canfield, LinkedIn's public relations manager, suggests you treat your contacts like you treat your Rolodex. "You wouldn't hand over your Rolodex to ...


US judge tosses some charges against PR governor
Forbes, NY - 9 hours ago
By MIKE MELIA , 12.02.08, 09:03 AM EST A US judge has thrown out most of the federal corruption charges against Puerto Rico's governor, who faces trial in ...


Attorney: most charges against PR governor tossed
International Herald Tribune, France - Dec 1, 2008
AP SAN JUAN, Puerto Rico: The attorney for Puerto Rico's governor says a federal judge has thrown out most of the federal corruption charges against his ...


Examiner.com

Barack Obama's Campaign Strategy: How you can apply his PR ...
Examiner.com - 13 hours ago
by Susan Harrow, SF Marketing & PR Examiner When you create a consistent character that embodies your deepest principles people perceive you as "whole" and ...


Managing PR Crises
Chronicle of Higher Education (subscription) - 16 hours ago
by topic | by date | by column By RUSSELL POWELL While experience may be the best teacher, it's not something most public-relations officers covet when it ...


Truthdig

Saxby Chambliss Needs New PR Team
Truthdig, United States - 21 hours ago
Take this recent holiday-themed advertisement from Saxby Chambliss, the Georgia senator whose handlers let this PR disaster waiting to happen go to air, ...


PR Newswire High Technology Summary, Monday, Dec. 1, 2008
MarketWatch - Dec 1, 2008
Dec 01, 2008 /PRNewswire via COMTEX/ -- Following is a summary of technology news releases transmitted today by PR Newswire. The full text of these releases ...
PR Newswire Summary of EntertaiNet Copy, Monday, Dec. 1, 2008 MarketWatch
all 11 news articles

PR - Google News

home | site map
© 2006