Return on investment served two ways
This is the next entry in our “Best of” series, in which we venture deep into the vault to replay blog opinion and insight that has withstood the test of time. Today’s post hails from April, 2010. We welcome your feedback.
By Linda Forrest
I had a long and interesting chat with the publisher of a specialized trade publication this morning, the results of which turned my thoughts to the importance of getting a return on investment in PR. I mean this in two ways: first, getting the most value for your dollars spent with a PR practitioner or agency and second, getting the most eyeballs on your coverage.
With regards to the first, this was the particular scenario that I was discussing with the aforementioned publisher. Having pitched a series of contributed articles by email, I was calling to follow up and discuss the level of interest in my proposition. The publisher, a 30-plus-year veteran of the Canadian publishing world, talked about shrinking editorial space and how he’s unable to commit to publishing an article, however appropriate for his readership. With shrinking ad budgets, increasing competition from exclusively online publications and other factors, it’s not feasible for him to accept and commit, based on an abstract, to publishing something that would take up precious room on his pages. Rather, he’s suggested that we develop an article purely on spec, and that once submitted, he’ll review it and if he’s got the room and inclination, he’ll publish it.
