Do You Need Help Promoting Your Business?
Consider these factors before you enlist the services of a publicist, sales rep or other marketing professional.
By Al Lautenslager
| May 17, 2004
URL:
http://www.entrepreneur.com/marketing/publicrelations/prbasics/article70832.html
Q: I am looking to hire someone for
my business to help me get the word out and eventually bring in
more sales. I'm not sure if I need a PR person, a PR agency, a
publicist, a sales rep, a business agent, a booking agent or a
marketing manager. How can I select the right professional to meet
my business's needs?
A: If PR or sales is not one of
your core competencies, then you are to be congratulated for
outsourcing-for finding an expert to do what he or she does best so
you can continue to do what you do best.
The ideal situation for any business is to have a sales
representative acting on your behalf to sell your business's
products and/or services. The con is that you bear the full cost of
this person's salary and benefits along with the time it takes
to manage him or her. The pros are that, typically, the right
person will be a dedicated employee who is passionate about growing
your company, bringing in sales and sharing in rewards and
profits.
If only it were this easy. If you knew a salesperson could bring
in $20,000 worth of business for every $10,000 of salary he or she
was paid, hiring a salesperson would be a no-brainer. In reality,
the biggest challenge is educating or finding someone that knows as
much about your industry, product, service or business as you do.
Typically, this requires a long startup curve that's often not
worthy of the investment. Evaluating all these factors will help
you determine if a salesperson is the right move to bring in more
business for you.
If you are strictly trying to get the word out about your
company, then using the outsourced services of a publicist or PR
agency is probably for you. A publicist will make calls, arrange
appearances, follow up with media, solicit press and so on. Their
efforts will allow you to go face-to-face or phone-to-phone with
prospective clients. When they focus on the details, you're
free to do what you do best.
A PR agency typically does all a publicist would do, but spends
much more time developing your PR strategy, defining target markets
and ways to communicate to them via the press, developing a media
kit to get more PR placement, and making the contacts. Remember:
Whether you go with a publicist or a PR agency, their job is to get
the word out about you. Yet you still have to hope that someone
picks up the phone as a result of their efforts to make a call to
you. At this point, closing the sale is still left up to your
selling process. Hiring a publicist or a PR agency does not
guarantee an increase in sales. Neither does hiring a salesperson,
but the probability of increased sales does go up when you hire
one. This decision, of course, has to be weighed against the cost
and training time involved.
A marketing manager will coordinate all your marketing in
addition to the PR and spend time planning your business's
communications. The result will be a big-picture business planning
approach for growing your business. Again, getting someone
up-to-speed or knowledgeable about your industry must be
evaluated.
A booking agent concentrates primarily on booking event-related
appointments, such as public events, conferences or seminars. If
this appeals to your target market and has a good probability of
being converted into business, you must give strong consideration
to this method of gaining new business.
As you can see, there are a variety of methods to gaining new
business and growing your company. Evaluating your overall
strategy-as well as resources such as time, training, salaries and
benefits-will help you determine your best course of action.
Al Lautenslager is the president and owner of The Ink Well, a
commercial printing and mailing company in Wheaton, Illinois, and
the principal of Market For Profits, a Naperville, Illinois-based
marketing consulting and coaching firm. He can be reached at
al@market-for-profits.com or
through his Web site, Market for Profits".
The opinions expressed in this column are
those of the author, not of Entrepreneur.com. All answers are
intended to be general in nature, without regard to specific
geographical areas or circumstances, and should only be relied upon
after consulting an appropriate expert, such as an attorney or
accountant.
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