Bring New Products to Life Using 8 Simple Steps
The greatest challenge facing any new product is the FUD Factor—Fear, Uncertainty and Doubt. This holds true whether you’re trying to influence Reporters, Editors, Prospects or Customers. Effective public relations not only eliminates FUD, it earns your product the dominant position in customer minds. In PR, like many areas of business, the 80-20 rule applies. In this case, 20% of the market influences the other 80% of the market. In his book titled “The 22 Immutable Laws of Branding” author Al Ries says, “The birth of a brand is achieved through public relations, not advertising.” When your product is first in its category, effective PR not only brands your product, it can make that entire product category synonymous with your product’s name. For example, if I say, “a candy with a hole in it,” it’s likely that the first thing that pops into mind is “Lifesaver.” Other recognizable examples are the first adhesive bandage, Band-Aid, the first cable news network, CNN, the first portable personal computer, Compaq, the first microprocessor, Intel, and the first cotton swab, Q-Tip. Effective PR informs, educates and influences Editors by providing them what they most want to provide their audience—what’s new, what’s first and what’s [...]