Session: The Press Release Must Die
Summary: The new social media press release. How it works. Does it work? How social media tools are changing the face of PR.
Panel: Moderator - Erin Kotecki-Vest (EK), a social media press release pioneer from Shift PR - Julie Crabill (JC), and MarketWatch's Bambi Francisco (BF).
(Please note that most of what I am blogging is a summary of the discussion taking place.)
The session begins with an introduction of the panel and an overview of who is in the audience (it looks like an pretty even mix of publicists, bloggers and a few non-bloggers).
First question:
Can you explain the social media press release & what is in it?
JC: Social Media press release empowers a two way conversation allowing for it from the corporation side of things.
The idea is that it gives you contact info (very important) & for "hot" news - hot links to 24 hour contact, headline, core news fact, rss feeds & delicious feeds that the company has created, photo links mp3 files, podcasts, logos, pre approved quotes from analysts, corp execs, links to relevant coverage, & boilerplate. Not a blog post, but becomes more interactive in hopes to promote dialog with customers. Put it on the wire and/or corporate site. The bus wire, pr web, pr news wire are OK with the social media format.
(a member of the audience points out that.. if you have a good story, at
the end of hte day it doesn't matter how you package it as long as you
get it out.
What is the difference between an old school press release & the social media press release?
(BF) I've been a journalist for over 15 years and haven't used a press release very often. I look at them for what they are useful for (names, titles, exec names) & not for facts. I never used quotes. As a journalist, I always needs statistics (traffic, comp landscape, links to relevant resource) that help shape the story vs quotes. At the end of day I don't want to sound like other journalist - I try not to take anything from that story - but a different angle companies are now forthright with their information. Info exchange has been created. Buyers (bloggers & journalist) of info are looking for facts, photos, videos, etc. It will be interesting to watch as the broker of info changes in the profession of PR.
JC: The social media press release is making it more interesting - telling a good story, building relationships with customers & bloggers.
(audience members adds that generally journalists like exclusives. How do we manage the fine line between giving "good stuff" and needing to hold back some because the outlet won't cover me if I don't?
JC: It's about working with journalists to find out the story that they want. Here is the press release that is just the fact, give them stats, market trends, what the company is doing different, but have a conversation to share what is new & different.
BF: Spend less time sharing all the info that journalists already have & more time servicing your customer.