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Using PR To Influence A Crowdfund Campaign Leveraging traditional PR, social media, thought leadership and new mediums 1

Cheryl Conner Presentation at SECFC13

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Using PR to support your crowdfunding campaign.

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Page 1: Cheryl Conner Presentation at SECFC13

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Using PR To Influence A Crowdfund Campaign

Leveraging traditional PR, social media,thought leadership and new mediums

Page 2: Cheryl Conner Presentation at SECFC13

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“Innovative and hungry” agency of PR strategy consultants

• Award winning agency– Mountain West Venture Network’s Emerging Elite– Utah Valley Entrepreneurial Forum's (UVEF) Top 25 Under 25 – vSpring v100 winners

• Success in multiple markets– Tech and mobile– Life Science– Business and entrepreneurship – Consumer

Introduction

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• Today’s media is all about telling a story• Coverage is the “story”, not the list of

features– It is “pitched”, not press released– At times, product specific– Most often, a powerful story – your story

• Thought leadership• Customer stories – case studies• Interesting angles to your products

What is PR?

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• Media coverage• Events• Contributed articles• Thought leadership blogs • E-Books, subject matter articles• Video for company YouTube channels• Company blogs, email lists• All re-purposed for social media

Today’s PR takes many forms

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Today’s PR is a Hybrid Model

PR drives web traffic,social media, lead capture & conversions

Web TrafficFacebook likesTwitter followersYouTube viewsEmail subsCRM leadsConversion $

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• Social media is a mouthpiece for PR– Message thought leadership– Gain credible media coverage– Leverage for Facebook, Twitter, LinkedIn, Email lists

• Company and key executives

– Weave in personal images and topics– Be active everyday – messages and following– Embed social media streams on the web site– Hook web traffic with e-books, articles

• Content is king– Varied business, social content– Visual content is highly beneficial

PR can drive investment and revenue

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PR drives SEO

SEO drives leads and sales

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Crowdfunding Success Stories

Crowdfunding Advice

Salt LakeComic Con

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Crowdfunding Case: SL Comic Con

1. Deliver on your promises

“It is better to fail to fundthan to fail to deliver”

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Crowdfunding Case: SL Comic Con

2. Get Social backing for your idea.

Put out a Facebook pageAbout your campaign and see how many “likes” you can get.

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Crowdfunding Case: SL Comic Con

3. Thank your backers.

You can send out individualized messages to each.

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Crowdfunding Case: SL Comic Con

4. Don’t overcommit on levels or bonuses

It is better to offer less at first, lest you over-commit. You can Always add more later.

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Crowdfunding Case: SL Comic Con

5. Factor in the costs of using the platform

International shipping, gifts, etc., can cost you more than you think.

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Crowdfunding Case: SL Comic Con

6. Create Titles for Funding Levels That Tie Into Your Project For example, werewolf, mummy, witch and vampire levels for a Comic book

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Crowdfunding Case: SL Comic Con

7. Poll your backers

Find out what they’d like for levels andBonuses.

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Crowdfunding Case: SL Comic Con

8. Use Platform to Promote your Product even after The campaign is Complete

Let people know wherethey can reach you and how they can see yourother products.

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Crowdfunding Case: SL Comic Con

9. Illustrate Levels and Bonuses

Graphics are easier to assimilate than words. Video is helpful as well.

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• The value of PR

Awareness, Longevity, Credibility, Utility

• Awareness (views or CPM)– Unpaid CPM, high volume sites, viral hits

• Longevity– PR gets archived into the media sites

• Credibility– Third party voice carries high value

• Utility– PR can be used across all marketing

PR ROI vs. Advertising

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• Done right, PR drives results– Web traffic, social media energy, revenue

• Content is king– Thought leadership is critical to the “story”

• Showcase business and industry expertise

• Re-use media coverage across all marketing– Social media, email lists, sales collateral

• Drive PR with the customer decision in mind– Speak to a target customer, not the entire market– What would influence them? Drive that message

Summary