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Paying for advertising is always an option, and a viable one in most cases. But when public relations is virtually free, it is the ideal option for smaller to medium sized businesses and organizations such as non-profits, and schools, etc. Virtually free refers to getting the media to pick up your stories, event notices and other company information as well as business networking opportunities. If you own a financial or brokerage firm, and you want to advertise your newest rate and top-notch customer service, you would ideally put together a basic press release that has a catchy headline and send it over to local media contacts that include newspaper, radio and local public television stations. After about two weeks you see a blurb in the newspapers about your new rates and customer service savvy, you have more foot traffic than ever and people are calling in who heard about your company on the radio. This is the power of public relations. It is somewhat like "Chinese telephone" but the message is clear and concise. It is like the grapevine of true information that is there to benefit consumers. Think about the all of the advertisements, and marketing promotions from local retailers that were based around Americans receiving their stimulus checks recently. Every retailer jumped on the bandwagon of telling consumers they could spend their stimulus check with them. The message was clear; the goal was to get Americans to go shopping again. |
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