Finance sector PR could be a very competitive atmosphere, with a lot of players competing for only a little space.
The important thing players within the sector are high-street banks (both domestic and foreign), building societies, money aggregator sites, consumer groups along with other specialist providers. As a result, its smart to understand your competitors and use a taken into consideration PR technique to be sure that your voice is heard.
You need to understand the amount of different routes to promote your loan business before choosing the right kind of media to focus on.
Clearly, people ‘buy’ personal finance products through a lot of sources (eg. high-street branch, online, telephone, money aggregator sites, financial consultant, network marketing stands, supermarket checkouts etc.) frequently, in which the method is offered is reflective from the complexity of the need and also the product.
This path to market will more often than not also influence the press choice of potential clients (e.g. in case your customer is buying using a money aggregator site (e.g. moneysupermarket), they may read other online reviews/tales), and you ought to save this in your mind when deciding which kind of media to approach.
Insight, advice plus much more
Most national personal finance sections an internet-based news sources carry some kind of ‘best buy’ comparison tables to assist guide their readers. Having your product showcased here can perform wonders for the business.
Outdoors of best to buy tables, titles vary considerably within the information and tales they’ll carry some like surveys and research where others prefer situation study lead articles featuring which contain opinion and advice.
Analyse your target consumer and comprehend the media they consume – this can guide your PR strategy.
Setting the agenda
You need to understand where publications place their news from. Some publication write according to their publish bag, while some will depend on industry commentators to assist identify very hot topics
Due to the need for many commentators, it’s worth thinking about them being an extra audience/media outlet and you ought to plan an engagement strategy together to your PR strategy.
You need to stay awake-to-date. Frequently online bulletins/emails from key industry titles sets the agenda – by identifying a tale in early stages you might be able to increase the debate and supply further comment.
Think laterally. Simply because you did not initiate the storyline it’s worth thinking about if you’re able to increase it with statistics, comment, further insight or perhaps a situation study that illustrates the subject.