Monthly Archives: May 2024

Press Release Wire Services: What are They and Why Should You Care?

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Press release wire services are frequently seen as an essential tool for organizations looking to disseminate their news quickly and broadly to the media. To the uninitiated, they can seem like a home run. Perform a search for the company name after posting to a wire service and you may find two or three postings of the release on the first page of your search. But is that really news? Do actual humans see your release? Is it worth the expense? The answers are mixed.

How Press Release Wire Services Work

There are numerous press release wire services like PR Newswire, Business Wire, and GlobeNewswire, and others.

To start, a company must draft its press release and upload it to a wire service. Be sure you understand the guidelines of the wire service you are using. Some have character limits for headlines or require brief, word-count-specific summaries of the content of the release that must be distinct from the text of the press release itself.

Once uploaded, the wire service editorial team will review the content to ensure it meets the wire service guidelines. Editors might suggest edits for clarity, conciseness, or to enhance the overall impact. Additionally, some wire services now reserve the right to reject press releases if they are deemed overly promotional and lacking in genuine news value.

Once approved, the press release is scheduled for distribution to a network of media outlets, journalists, news websites, and other stakeholders. This network often includes both traditional and digital platforms. Please note, there can be a delay of several hours – depending on the service – between approval and actual distribution. If your company requires the press release to be distributed on a specific date or time, please check with the wire service well in advance to understand their specific process and timing.

These wire services will provide a report with analytics on the press release’s reach and engagement, offering insights into its performance and audience interaction. In my experience, few if any of these data points are demonstrably valuable. Look specifically for data that reflect direct interactions with your press release. If you have more than 10 direct interactions via a wire service, I call that a win. Other provided metrics are fuzzier and, often, less valuable.

Why Companies Use Press Release Wire Services

Company leadership will often point to press release wire services as benefiting them in the following ways:

  • Broad media coverage
  • Increased SEO for the company or brand
  • Efficient use of resources

Actual media coverage resulting from a press release wire service is increasingly rare. Journalists are deluged with press releases and pitches daily. Further, because wire services supply the same content to hundreds or thousands of news websites, the uniformity of that content tends to make coverage of the information in those press releases less valuable to journalists seeking their own original story.

The reality is most press releases distributed through a wire service become aggregated content gathered by website algorithms and posted to pages on those sites you would be severely challenged to find natively on those websites. In essence, those releases tend to go into a black hole and are rarely seen by actual humans.

While press release wire services can still provide a slight bump to your company’s search engine optimization, that reality diminishes every year. You see, Google and other search engines tend to downgrade or even exclude repetitive content online, which negates the desired effect of using a press release wire service.

Additionally, while a press release wire service can appear less expensive than an ongoing engagement with a public relations agency or paying for a full-time, in-house comms professional, the reality is wire services are often wire services are not targeted communications tools. While you might pay a PR professional more over time than a one-time wire service fee, the fact is your media coverage will be more targeted and, ideally, more beneficial than simply blasting it out to the universe and hoping someone who may be interested in your services sees it.

However, if your goal is greater visibility in front of the widest possible audience, then you can justify a wire service press release distribution.

Finally, sometimes your leadership team, board of directors or investors simply need to see that your messaging has “gotten out there.” Often, this is the number one reason I have seen organizations employ wire service releases.

Setting Leadership Expectations

Whether using a wire service or not, it is crucial for organizations to set realistic expectations about the impact of their press releases. Not every press release will make headlines or go viral. To maximize press release effectiveness:

  • Focus on Newsworthiness: Ensure the content is genuinely newsworthy and well-written.
  • Tailor the Message: Customize the press release to appeal to the target audience.
  • Follow Up: Supplement the press release with personalized outreach to key journalists and media outlets.

Press release wire services remain a useful tool for companies and nonprofits to distribute news. While they offer benefits, it’s essential to use them strategically and maintain realistic expectations. By balancing the use of wire services with direct media engagement, organizations can enhance their visibility. As a former journalist, I appreciate the convenience and speed these services appear to offer, but my peers in the Fourth Estate also value originality and quality in the content they receive.

Tampa: Hustle Capital of the Insurance Industry

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Target Markets 2024 Mid-Year Meeting in Tampa, Florida, made clear insurance is, and continues to be, a relationship business. This year’s mid-year meeting set a record with more than 1,300 attendees – more than double that of prior mid-year meetings for Target Markets. It was also my first time attending a Target Markets mid-year meeting.

I understand the attraction.

The first full day of Target Markets, Monday, May 13, was straight to business. Old friends reconnected while new acquaintances were made. Meetings were held over coffee, at breakfast, in break-out rooms and hallways, in the lobby, at the hotel Starbucks, over lunch, at the bar, across countless restaurant dinner tables and over drinks and at numerous private parties afterward. All this went beyond socializing as companies pitched, partners explored and new business partnerships were formed. The pace was hectic and heady, and it will be interesting to see if Target Markets offers an estimate for the business transacted in Tampa. The number of people who faced daunting schedules with back-to-back meetings, hoping to sign or write business, was impressive as they ran the gauntlet of two large Marriott hotels connected by a single third-floor sky bridge. The spirit of the 2024 meeting could be best summarized in a single word: Hustle.

Day two was a mix of the day before along with a series of programs and events that covered topics including a Lloyd’s Market update, a keynote speaker of remarkable tenacity embodied by Diana Nyad, a women’s leadership lunch, discussions on talent, the Target Markets’ new Program Business Professional designation and, of course, ample opportunities for networking.

The Target Markets’ hustle – on display from start to finish – also demonstrated the power and innovation of an insurance industry in growth mode. Seizing opportunities. Strengthening relationships. Getting business done.

Through all of this, I found myself among old friends I haven’t seen in years while sharing coffee and meals with new friends, potential business partners and – in my world – the all-important insurance industry trade media who were there to get the inside scoop on the issues, trends and insights of those who drive the business of insurance.

I applaud the team at Target Markets for putting together a productive event, and for those who grabbed the opportunity to move their business, and the industry, further into the future.

Lacing Up for Good: Enhancing Team Communication, Collaboration by Giving Back

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This Spring, the team at Kimball Hughes Public Relations is lacing up our sneakers and tracking our steps to raise funds for those in need through the Insurance Industry Charitable Foundation’s annual Step Up challenge.

We have found philanthropic activities like this not only support charitable causes, but they also enhance our employee culture, team morale, and bring us closer together. As professional communicators, we’re always striving to find the best channels for our clients to use to reach their target audiences. In a new age of remote work, channels of internal communications are changing and we’ve found one of the best ways to communicate and deepen relationships with colleagues is to work together for social good.

As we’ve all heard, giving back and volunteerism have become core tenets of businesses across industries in recent years. There is a clear business case for philanthropy, as the next generation of workers have a clear interest in working at businesses that back up their values with action. Further, recent studies have shown that customer loyalty may improve at socially responsible businesses.

We believe giving back and volunteering events that emphasize collaboration and bringing communities together find more engagement.

Our client Pennsylvania Lumbermens Mutual Insurance Company (PLM) is also getting fit and having fun while building comradery among team members and raising funds for vulnerable children and communities. Each spring, employees form a team for the Insurance Softball League of Philadelphia, which raises money for local nonprofits while gathering regional insurers for friendly softball competition. Employees have the opportunity to get to know each other outside the office, get a little exercise and breath in fresh air while helping those in need.

With the IICF Step Up challenge, employees, friends and families in and around the insurance industry can form a team and compete with one another in a fitness challenge, measuring their steps, pedal strokes, sit-ups and virtually any other activity against the teams of other companies. Kimball Hughes PR is proud to have been a part of Step Up for the past five years and we have enjoyed learning more about each team member along the way – whether it’s a penchant for morning dog walks, an after-work jog, a Peloton ride or hike through the woods.

Consider reigniting company culture with a collaborative philanthropic initiative this Spring. We’re having a blast. Check out our progress so far here:

Keeping Up Earth Month’s Momentum: Leveraging Sustainability Communications

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While the beginning of May marks the end of Earth Month, sustainability should be a year-round endeavor. Fortunately, there are plenty of opportunities throughout the year for businesses of all sizes to support their communities and maintain and build on the momentum highlighted each Earth Month. With the right communication strategies, sustainability-focused initiatives can benefit not only the planet and the greater good, but your business as well.

Practicing a thoughtful approach

A business that cares for and invests in the environment can offer employees, consumers, prospects and other stakeholders a positive perspective. However, leaders must tread carefully to avoid an adverse impact down the line. Consider posing the following questions when building a sustainability plan:

  • Are your goals clear? Your sustainability initiative plan should clearly outline what your organization is trying to achieve and/or contribute. For example, if your cause is to support forestry, a goal might be to plant 100 trees by the end of 2024. Having clear goals leaves little room for misinterpretation from the public or from team members. 
  • Are your goals attainable? Business leaders who establish goals within a sustainability plan should consider whether they are attainable given employee bandwidth and company budgets. Overpromising and under-delivering in sustainability efforts could leave leaders in hot water and contribute to mistrust among customers, prospects, employees and other stakeholders.

As mentioned above, companies that fail to deliver on their sustainability promises can and have fallen victim to pushback and negative press. In fact, CNN Business reported on research in 2022 that some of the largest companies in the world missed the mark on sustainability targets. For example, just last year The Wall Street Journal reported on several companies, including United Airlines who made a 2021 pledge to reduce carbon emissions but ended up scrapping their short-term goals to maintain focus on longer-term gains.

While goals can be adjusted over time, business leaders should be intentional about their goals and how they are going to achieve them, and of course, in how they communicate them.

Maximizing your sustainability plan

Yes, failed sustainability plans can lead to bad press, but successful initiatives can be a win for the company when communicated thoughtfully and strategically. Keep in mind these best practices with considering communicating sustainability initiatives:

  • Consider newsworthiness. A sustainability initiative may not be newsworthy in and of itself. For example, using the tree planting initiative above, if a business plans to hold a fundraiser to purchase the trees, they might consider sharing the cause with local media to reach those interested in supporting local forestry. Businesses might benefit from inviting local dignitaries such as government officials or local organizations with similar goals to attract media attention.
  • Be transparent. As it is in business, transparency is critical regarding charitable efforts. Business leaders should be forthcoming about their support as well as with the progress they have made toward an initiative with reporters. Exaggerated numbers or claims could lead to suspicion and distrust from key stakeholders and the press.
  • Rally supporters Recruit team members and the community to help advance the business’s sustainability goals. Engaging and having buy in from local supporters and employees will help drum up buzz around an organization that could lead to your effort making a bigger impact and help to attract media attention.
  • Stay the course. Business leaders must be prepared to remain diligent with their sustainability goals. Relevant times to discuss sustainability like Earth Month will help create momentum around a business’s eco-efforts, but they should have plan to maintain it with supplemental activations. Continued activity could also help attract media attention to your initiative.
  • Track your progress. Have a plan to track your progress while executing a sustainability initiative. Make sure to track participating volunteers, dollars raised or testimonials, among other things. Statistics will supplement your business’s efforts and give media outlets a quick glance at your success.

Sustainability has become somewhat of a buzzword in today’s business world, but the sentiment of bettering the Earth is one every business leader should share. As business leaders wind down their Earth Month activations and carry on with business as usual, they should consider how executing on defined sustainability goals year-round, armed with a strong communications plan, can be as good for business as it is for the environment.

Jargon Madness Wrap Up: Top Overused Business Jargon and How to Block It Out

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Well, once again to the dismay of my three teenage sons, I won the family March Madness NCAA basketball bracket. We’ll just say I do not follow college basketball like they do, but please know that I didn’t pick solely on uniform colors or schools I’ve visited.

One topic I do have a better handle on than my boys is business jargon. This year, Kimball Hughes Public Relations thought it might be fun to explore some of the more over-used business jargon and build a bracket of sorts in the spirit of March Madness. The former journalists and word wizards on our team sure had fun with it.  Afterall, as professional communicators, these are words we’d like to see used minimally, if not completely boxed out from content.

Confusing the Point

According to the Harvard Business Review, jargon exists in workplaces because it can reinforce a shared identity, assist in fast and accurate communications among particular groups, as well as to quench an individual’s desire for professional status.

Prospects and clients want to understand what your company does. They do not want to be frustrated by jargon and buzz words strung together. Afterall, doesn’t your company do more than create integrated solutions that optimize efficiencies, drive alignment and build synergies with an omnichannel approach, all while connecting with ecosystems that align with core competencies?

Placing phrases on an About Us page, on a press release or in another piece of content peppered with heavy jargon could lead the client or prospect to leave the page out of frustration, misunderstand your products and services or decide to completely disengage with your company.

Geoff Keast, VP of Sales and INSTANDA, raised an interesting point in a recent interview on insurance jargon with PropertyCasualty360. He noted that when agents or insurers use jargon, the average insurance policyholder does not understand, they run the danger of leaving clients and prospects feeling as though they are being deliberately tricked. In other words, the overuse of jargon can lead to distrust.

Further, Keast noted that in the world of insurance, certain jargon could be doing the industry a disservice. For example, he pointed out that the often-used insurance term “premium” could leave one to interpret that they’ll be paying a higher-than-normal price for the product or services, when a premium in insurance is simply an insurance payment.

Writing Slam Dunk Messaging

At Kimball Hughes PR, our final four business jargon terms included core competency, integrated solutions, North Star and synergy, with my vote to position integrated solutions atop that list.  The term integrated solutions can certainly sound impressive, but if the content doesn’t explain the type of solutions a company provides and how they can benefit me or my business, what value do those business buzz words really hold?

Other words that made our list are terms we all easily recognize including: alignment, bandwidth, ecosystem, efficiencies, engagement, KPI, leverage, omni channel, psychographics, optimize, scale and viral.

Don’t get me wrong, these terms are essential for business communications. We simply used this amusing exercise to have a little fun and point out this fact: allowing your messaging to get lost in jargon can lead to an airball for your team, missing your key target audience.

Business jargon can and should be used in business communications, but it should not be your only play. For a winning communications strategy, consider:

  • Reviewing your copy for jargon and ensuring that what you are trying to say can be clearly understood by any member of your target audience.
  • Rereading any jargon to ensure it will not mislead readers or be misinterpreted.
  • Sharing the copy with an outsider and asking them to explain what is written.
  • Flagging identified overuse of jargon and exploring alternative ways to convey the same thought. (Finding fresh ways to explain what you do or to share key messages can help set you apart from the competition.)
  • Defining jargon terms that could confuse readers upon first reference on the word.

Finally, to ensure your communication fits your audience and conveys your key messages clearly and accurately, consider talking to a communications specialist or engaging a PR agency – preferably one staffed by former journalists or a proven team of writers. Good communicators will find the right words to tell your story in a way that resonates with your audience and delivers results.