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FOCUS The MBA Value Proposition Annual Industry Conference

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Title: FOCUS The MBA Value Proposition Annual Industry Conference


1
FOCUS The MBA Value PropositionAnnual Industry
Conference
  • The Mind of the Media

Tim Westerbeck Executive Vice President
Principal
2
Do you remember?
  • What story was on the cover of U.S. News and
    World Report 2 issues ago?
  • What was the biggest news story involving UCLA in
    the past year?
  • Which schools were cited in the first four
    paragraphs of the latest Business Week rankings
    cover story?
  • Who is Dave Wilson?

3
Whats the point?
  • Media relations is about far more than getting
    media coverage.

4
Yeah. Good point. Anyway, how do you get more
media coverage?
  • Frustration (Were great, why doesnt everyone
    know that?)
  • The that one time syndrome (The presentation of
    the document.)
  • Wasted resources (Heres our series of releases
    about the new drinking fountain.)
  • A false sense of comfort (PPP)

5
Experience the mind shift to brand-based media
relations
  • PR by the pound mentality BAD
  • Media relations is a means to an end.
  • You think like a marketerand media relations is
    one of many tactics that will build your brand.
  • The media is one of your most important market
    segments, a customer, really.
  • The goal with the tactic is to create brand
    awareness and establish value added relationships
    with reporters.

6
Characteristics of brand-based media relations
  • Starts with the marketplacebrands exist only in
    the minds of individuals in your target audience
    (the mind of the media).
  • Reverses the we make it, you take it mentality
    to what do you need?
  • It is based on a clear positioning (if not a
    brand strategy) and is part of a strategic
    marketing plan.

7
A few words about your brand
  • A product, service or concept of an organization
    that is clearly distinguished from other
    products, services or concepts offered by other
    organizations.
  • Brands distinguish themselves via their names,
    signs, symbols, actions, communications and the
    perceived value they provide.

8
A few more words about your brand
  • Successful brands deliver brand-related
    communications and actions at all points of
    customer contact that reinforce the core meaning
    of the brand.
  • The media is not only a customer, but a major
    point of customer contact for all of your
    constituents.

9
So what do I do to get more brand-based media
coverage?
  • Steps to Building Brand-Based Media Relations
    into your Marketing Efforts
  • A Short Course

10
Step 1 Understand how your institution defines
marketing
  • What is the tactical mix?
  • Is there a written, integrated marketing
    strategy?
  • Are there well-articulated, common marketing
    objectives?
  • Is message development and tactical planning
    explicitly based on market research?

11
Step 2 Push for a common definition of the
schools brand
  • What constituents value about the
    institutionfrom all angles.
  • What we are, not what we do.
  • Use objective external research.
  • Objectively analyze your competition.
  • Focus on your unique mission.
  • Understand what is consistently valued across all
    market segments.

12
Some friendly advice
  • Your brand is not excellence, that one is
    already taken. (Its not quality either.)
  • Be brutally realistic about your institutionits
    strengths, weaknesses and major characteristics.

13
Some more friendly advice
  • Focus on meticulously defining unique,
    value-added differences related to your program.
  • Brands exist only in the mind of the marketplace
    (and the media is part of that marketplace).

14
Step 3 Commit to creating a brand-based media
relations plan
  • The brand is the basis for all strategic and
    tactical planning, including media relations.
  • The objective is to find, create, package and
    promote as many examples of your institutions
    brand characteristics as possible.
  • Think of yourself as a journalist that can only
    publish stories that support your institutional
    claims.

15
Step 4 Carefully research your target audience
  • What do you know about reporters and how they
    work?
  • What are their demographics?
  • Who, specifically, are they?
  • What, specifically, has each of them written
    about in the past 12 months?
  • What are the parameters of their
    publication/media outlet?

16
What about reporters?
  • They are people, not the media.
  • Almost all are overworked and under paid.
  • Their working environments often stink.
  • They lose their jobs if their reporting is not
    compelling and accurate.

17
More about reporters
  • Its a high turnover job.
  • Most are younger and are learning on the job
    (without the benefit of much supervision or
    training).
  • Some are, well, smarter than others.
  • They are all just trying to get it right.
  • They need your assistance and good ideas that
    relate to their objectives.

18
Dimensions of media market research
  • Identify discreet categories and tiers of media,
    based on objectives.
  • Detail reporter characteristics and differences.
  • Research what your constituents read and their
    channels of information. Make these high priority
    targets.
  • Segment by subject.
  • Map your market.

19
Dimensions of media market research
  • Conduct detailed and ongoing trend and issue
    analysis.
  • Use services such as Ascribe to leverage your
    monitoring and analysis capabilities.
  • Be constantly mindful of matching what you are
    selling with those best positioned to buy.

20
Step 5 Plan a diverse set of tactics in media
relations
  • This is the precursor to mining for brand-based
    stories to promote.
  • Its the time to ask how much can we do? and
    what is the best use of our time?
  • It is best determined based on your channel
    analysis of how your targets get information.

21
The tool kit
  • Institutional feature stories
  • Specific program focus
  • Faculty expertise and related issues
  • Data sets and analysis

22
The tool kit (contd)
  • Relationships/strategic partnerships
  • Opinions
  • Promotion of students, alumni and other human
    symbols of the schools brand
  • Making news

23
Mining Institutional feature stories
  • Focus on a single institutional strength or brand
    characteristic and work backward.
  • A radical program change or a single
    institutional brand characteristic such as
    adaptive.
  • A smart risk or calculated gamble.
  • A unique niche.

24
Mining Specific program focus
  • The one thing that is better than everything.
    Forget the politics, if you can.
  • Beat the drum shamelessly and often.
  • Aspire to become the thought leader.
  • Demonstrate your knowledge of the issues to the
    media. In fact, impress them.

25
Mining Faculty expertise
  • Cultivate a working relationship with 5 great
    faculty in popular areas. Work backward from the
    market.
  • Get their commitment to the plan and the program.
  • Help them look good. (In fact, tell them they are
    good looking.)
  • Use them to develop relationships. (When they are
    in New York, set up a media session.)

26
Mining Data sets and analysis
  • Data sells. Find as much as you can to support
    your schools brand characteristics.
  • Mine what you have that isnt apparent. (It might
    be buried in faculty research.)
  • Work across functions (career placement,
    admissions, administration, development,
    operations, alumni, etc.)

27
Mining Data sets and analysis (continued)
  • Be the first on your block to spot and document a
    trend that supports your brand characteristics.
  • Add substantive commentary to everything.

28
Mining Relationships/strategic partnerships
  • Work the schools corporate relationshipseveryone
    likes positive media coverage.
  • The relationships speak about who you are as an
    institution.
  • It provides you exponentially more to talk about
    with the media and makes you seem more relevant.

29
Mining Opinions
  • Have an opinion-editorial program.
  • Place them locally, nationally and
    internationally. In print and on the web.
  • Prepare a thoughtful, brand-based commentary
    framework and circulate it throughout the
    institution.
  • Try to make a few people famous (theyll never
    forgive you for it).

30
Mining Promotion of human symbols
  • Human stories about students, alumni or
    entrepreneurs who have benefited from your unique
    intellectual capital.
  • Focus on how they embody your brand.
  • Identify personalities in all areas of the
    school who can become media spokespersons.
  • Train them in the language of the brand.

31
Mining Create news
  • Dont be afraid to make news.
  • Do it strategically in a way that resembles media
    advocacy.
  • Be realistic and apply strict news values (no
    press conferences about the new computer
    terminals in the resource center, please).
  • Annual surveys, subject-specific data sets and
    special conferences can be highly effective.

32
Step 6 Get properly resourced
  • One person cant do all of this.
  • You need content suppliers.
  • Dont be afraid to advertise, recruit, train
    and manage.
  • Consider incentives (a 20 gift certificate can
    change the world).
  • Media relations is not an afterthought, its
    perhaps the most powerful brand building tool in
    your arsenal.

33
Step 7 Use technology to leverage your efforts
  • You need information today.
  • Ascribe, Dow Jones news services.
  • Real time results tracking.
  • Enables a larger distribution setand true
    brand-based media marketing.
  • It is the essence of staying in touch with the
    mind of the media.

34
Step 8 Create a distribution strategy
  • Develop a detailed program to distribute every
    relevant clip to a target audience. (Do so with
    reporters as well, when relevant.)
  • Tell them what it means in terms of your schools
    credibility and brand (then tell them again).
  • Tell them about your brand and your strategy.

35
Step 9 Constantly link back to marketing
  • The energy and resources to sustain this approach
    must be linked to an institutional marketing
    strategy.
  • Your brand is a symbol of your unique
    intellectual capital. Its worth building and
    protecting.

36
Step 9 Constantly link back to marketing
(continued)
  • Redefine media relations at your institution.
  • Successful brand-based media relations can be the
    catalyst that can turn your institution into a
    marketing organization.

37
Always be mindful..
  • When it comes to media relations, your brand
    exists in only one placein the mind of the media

38
Thank you for your time
  • For more information or copies
  • Send an email to
  • twesterbeck_at_lipmanhearne.com

39
Discussion
40
  • Building stronger institutions through marketing
    and communications
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