Showing posts with label crisis management. Show all posts
Showing posts with label crisis management. Show all posts

Wednesday, January 4, 2023

New Roles For the Old News Release

 



Long gone are the days of your PR firm or your own organization simply sending out a press release to the local TV and print media, sitting back, and thinking that the job of promoting product, service, or individual has been completed.

That's because the news media are no longer the sole audience of the news release; and understanding this new truth is vital to keeping this communications tool fresh.

Stephen Abbott of Abbott Media Group is skilled in using tried and true tools and techniques such as the news release, but putting them to work in new ways.

AMG understands that news releases today can play several functions in the promotions process,. Releases sent to the media aren't necessarily to ensure immediate coverage. In fact, it's unrealistic to assume that everything sent will be published.

In Abbott's political campaigns, frequent releases have served the purpose of showing that a campaign is active, has hired staff, is raising money, is engaging with voters, and is seriously contesting the race. 

From these roles, it becomes clear that releases from political campaigns have several audiences. 

It's not just local news media, which may or may not be covering local politics, but also political leaders, local business leaders, elected officials, and of course, voters, especially those who are engaged in the process early on. 

Sometimes several releases, specifically targeted to these Publics, make more sense than a single, standard release.

Releases written for business can play a similar role by simply reminding local news media and others that the business is active in the community and open for business.

Releases sent to internal Publics - sush as repeat, regular clients - also have a reassuring effect, and can communicate best practices within a business organization, as well as communicating new policies and procedures to everyone, not just to a select few.

Effective internal Communications  like this can also build a sense of rapport and togetherness within organizations,  reduce gossip and misunderstandings, as well as lower employee turnover.

They can also be employed to convey the new or long-held mission and vision of a group or company. 

These reminders, written in news-worthy, fresh ways, help solidify the reputation of the group or company within a community, and help clarify the purposes towards which they're striving. They can also clear up misconceptions that could damage reputations or cloud the purpose of a company in the public's perception in the long term.

News releases, of course, continue to fill the traditional role of introducing new products and services to current and future clients and customers. 

They still must primarily be sharing something NEW, and be News Worthy in order to be considered for print and digital distribution. 

But they also can demonstrate to clients that a business has the expertise in the field in which they operate, and that they are capable of bringing the latest technology and techniques to bear on their behalf.

Frequent news releases posted on a company or campaign website are an easy way to provide fresh content for visitors. Web content that is frequently changing and updated ranks higher in searches, and encourages future traffic to the site.

Finally, news releases can play a vital role in conveying to relevant Publics within the community that a business is engaging actively with it, playing a positive role by giving back through charitable giving and social involvement. 

This has the effect of building positive feelings towards the business, enhancing its reputation and making future business transactions with them more likely.

AMG and Stephen Abbott understand how to fully employ all the aspects of news releases, and use them to the fullest effect on behalf of clients. 

Contact AMG today for more information. 772-261-1173.

Thursday, March 10, 2022

TV Heart Attacks Give Peloton Heart Palpitations [Abbott Media Group Blog]


Two TV shows featuring regular characters having heart attacks while using a Peloton exercise bike are giving the bike company heart palpitations.

Viewers were shocked when, during the premiere of HBO’s Max’s Sex and the City reboot And Just Like That, series regular “Mr. Big” (Chris Noth) had a heart attack on his Peloton. Turns out, the company not only knew about the product placement, but actively participated in the show featuring it.

But in January, the company got an unexpected jolt when yet another show featured a heart attack, this time, Showtime’s hit, Billions, portrayed longtime character Mike Wagner (David Costabile) as having a heart attack while using the bike.

The company released a statement on twitter saying they had nothing to do with THIS placement and didn’t approve its name or product’s use in the show.

“We get TV shows want to include @onepeloton to get people talking, but to be clear, we did *not* agree for our brand or IP to be used on @SHO_Billions or provide any equipment, As the show itself points out, cardio-vascular exercise helps people lead long, happy lives.”

As a popular appliance and icon of the pandemic age, the Peloton bike is surely well known enough to merit use and even ridicule in popular American culture.

But this wasn’t the first time the brand has had a PR crisis on its hands.

Most of us first learned of the bike through its infamous 2019 TV ad in which a rather thin, attractive young woman receives a Peloton bike as a Christmas gift from her husband,  making a video for hi in which she had a pained look on her face. The ad prompted many to question whether such a “gift” from a man would be inappropriate or even insulting.  

The resulting near-endless analysis of the ad was a PR disaster for the company, who had hoped for a more painless and positive launch.

The recent features the product has received are not *positive* either, but also not entirely negative.
The company’s response was quick and appropriate, and most people will understand that the product doesn’t have this effect on ALL of its users. Still, one doesn’t ever want your exercise product attached to the concept of a heart attack, or any other medical emergency.

Unlike Mr. Big, the company will survive this.

Monday, March 8, 2021

BK UK's International Women's Day Tweet Sparks Controversy

Ad agencies in the United Kingdom and Europe, even more than those in the United States tend to always skirt controversy with their advertising campaigns and PR efforts.

That certainly was true on Monday, which was International Women's Day around the world. 

Whule most companies used the day to focus on their women employees or customers and their accomplishments, Burger King in the United Kingdom tweeted this:


The second and third tweet below the original one went on to explain that more women should go into the culinary arts, and study to become chefs. A worthy goal, but few people got beyond the shock of the first statement, which is a bigoted, Archie Bunker-like slam against feminism and women working.

The firestorm that this ham-fisted statement created on Twitter and offline as well didn't much more damage to the Burger King brand on both sides of the ocean then the positive good that their internship program will ever do.

Just another lesson that being too clever by half can backfire very quickly, and that a second and third pair of eyes should look at everything that's posted in a national and international ad campaign, which is what anything posted to Twitter needs to be considered.

Saturday, January 30, 2021

The Robinhood PR Disaster - What They Must Do To Make It Right [Abbott Media Group]


When the lists of 2021 PR disasters in business is written next January, Number One on that list will likely be the Robinhood app debacle of this week that left their reputation in tatters.

THE SITUATION:
The Robinhood app, which allows average investors access to the stock market, buying trades without fees, abruptly froze users' ability to buy shares of some hot-selling stocks, among them GameStop and AMC.

Of course, they were "hot" because the internet, specifically the Reddit online chat boards, had made them so, deciding that these stocks - and they companies they represent - shouldn't actually fail (as the hedge funds had decided they should, and were "shorting" their stock in anticipation of their immanent deaths.)

This caused both stocks to rise "to the moon," as many on Twitter put it, and cost the hedge funds BILLIONS because their bets now were suddenly wrong.

Enter Robinhood, which had tweeted early on in its life, "Let the people trade." That slogan became one of bitter irony when, on Wednesday, upon rumored pressure from Wall Street hedge funds and even the Securities and Exchange Commission, they froze the ability to buy further stocks in these two hot properties (but still allowed sales.)

They posted a message which said, in part, "In light of current market volatility, we are restricting transactions for certain securities to position closing only, including $AMC and $GME."

While other brokerage firms reportedly did the same - including TD Ameritrade and other big names - Robinhood received the brunt of the online firestorm that soon erupted. And in the age of Twitter, the reaction was a tsunami of anger and criticism.

What Chris Buskirk, a contributing writer for the New York Times tweeted was typical:

"$AMC was struggling due to COVID lockdowns. Hedge funds shorted the stock to force bankruptcy.

Small investors saw an opportunity & bought $AMC driving it’s price up. $AMC raised $900 million, saved the business & 1000s of jobs. But they’re the bad guys for saving the company?"

One investor said, "There is no free market. There is only a manipulated market that is built to enrich hedge funds. The "capitalists" on Wall Street are being exposed as a bunch of cry babies who aren't actually that smart. If they were so good, why not compete in the free market??"

The cynicism did not end with investors. Politicians were also    quick to express outrage at Robinhood.

New York Democratic congresswoman Alexandria Ocasio-Cortez called for hearings in Congress about Robinhood and its actions. 

"This is unacceptable. We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Cmte, I’d support a hearing if necessary."

U.S. Senator Ted Cruz (R- Texas) agreed with the liberal Democrat, tweeting simply, "Fully agree." (Prompting an outburst from Occasio-Cortez, in which she said she would work with other Republicans but not with Cruz, who allegedly, "almost had me murdered three weeks ago." During the Capitol Hill riot.) Whatever.

Republican Congressman Madison Cawthorn was also blunt, tweeting:

"Part of Free Market Capitalism is having a Free Market. Wall Street is pressed because normal, working Americans outplayed them."

Regardless of party differences, this rare demonstration of bipartisanship seems to indicate they will at least be some hearings in the app's future.

For its part, Robinhood tried to stop the bleeding, posting a policy U-turn Thursday afternoon (4:15 pm ET) posting on Twitter and on the app that they would restore the ability to both buy and sell these hot stocks. Vlad Tenev, the Bulgarian entrepreneur who co-founded Robin Hood, tweeting:

"Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and make adjustments as needed."

But things continued to spiral out of control for Robinhood. On Thursday, a class action lawsuit was filed in federal court (the Southern District Court of New York) against Robinhood on behalf of its clients, legitimately claiming loss a millions of dollars due to the inability to buy these stocks as they rose drastically on Wednesday morning, and while hedge funds were not similarly restricted.

Late Friday, Robinhood kept digging a hole for itself, releasing a list of 50 stocks for which they were restricting buys. This prompted the investment site  Seeking Alpha to predict the new restrictions "could lead to big exodus" from the app.

As Inc. columnist Jason Aten wrote: "It takes a long time to build a brand, but not long at all to destroy it. In Robinhood's case, it took less than a day."

PR SOLUTIONS:
So, how does Robinhood regain its reputation as a fighter for the little guy investor? Or can it?

I believe it can, but it must demonstrate in the coming months that it did not respond to pressure from Wall Street, or even the White House which many speculated had occurred.

It has already begun the work it must do, including dispelling rumors that it acted to stop trading on behalf of a hedge fund, Citadel - something which would likely mean the death of the app, if true.

Tenev tweeted,

"As a brokerage firm, Robinhood has many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. 

To be clear, this decision was not made on the direction of any market maker we route to or other market participants."

(The California-based Sequoia hedge fund sought to squash such rumors late Thursday afternoon, tweeting, "Sequoia did not pressure Robinhood to halt the trading of any stocks. This rumor is completely false.")

Over the next few weeks and months, Robinhood needs to act decisively and speak out clearly to restore confidence and trust in its product, and, frankly, the system it works with. Speaking for an entire market is definitely a tall order, and usually not one public relations would need to take on.

But given the tremendous lack of trust that has accrued in such a short period of time (just a few days!) It's one the app must take on.

Hopefully they have a PR team that is instructing the Robinhood application's board that it cannot hide behind technicalities or even the SEC, and preparing them for the Congressional grilling that surely awaits them.

The Robinhood app must take strong, clear actions, and their PR team must then explain those actions in a confident way to investors and customers alike. 

Then, maybe six months from now, the Robinhood app just might still exist.

Tuesday, December 15, 2020

Petco's Year-End PR Disaster: Killing Their Cat And Dog Logo

If you're one of the largest pet supply retailers in the USA, how do you take off all your pet owner customers? Removing the beloved cat and dog characters from your stores logo is probably the best way. And that's exactly what they did.

PR Week reports that the pet store giant announced in early December its plan to remove the red and blue characters from the front of its stores nationwide, replacing it with simply the word "Petco" in black lettering.

The logo change is reportedly part of Petco’s rebrand to "Petco, The Health + Wellness Co" from "Petco Animal Supplies.

But many customers were having none of it.

The new, pet-free Petco corporate logo was an immediate PR disaster, trashed online and dubbed as "cold and lifeless." 

The pet store clarified that the animals - apparently named Ruff and Mews - are “here to stay.” But only in their advertising.

That didn't do much to mollify Twitter, which scathed the brick and mortar retailer.

"I don't CARE if they're still present in advertising I want them back to being present on the LOGO gosh darnit," said one Twitter user, @anoutlawed, in one of the more printable remarks.

Another wrote:

"Dear @Petco, Your new logo is cold and lifeless. Is the next step phasing out pets, until you're just "co" Cause at this point - might as well."

And another said, bluntly:  "New logo is complete garbage. Lol I dont think I've ever seen a worse downgrade. Fire whoever thought of this s****."

Cool Guy Mark wrote: "Why do you hate your customers? New logo is neutered 😞"

It's unclear what the company was thinking. and it's also unclear whether they did any research on how beloved these characters actually were before making the change public. 

The company's initial response was apparently silence, indicated by the PR Week article noting that a comment was not immediately forthcoming from the company PR department, which clearly was not the best move, especially when a magazine and online industry journal for the public relations industry calls for comment.

Chalk it up to the year 2020 taking two more victims. Unless the company backtracks in early 2021, which it surely should.

Monday, January 29, 2018

5 Characteristics of #Reputation [Abbott Media Group]


Like any tool, a reputation constantly needs sharpening to be effective. But it can be double-edged instrument that can cut you and severely damage you, if you're not careful, or mishandle it.

Reputation can be a hard concept to wrap one’s head around. So, bolstered by wise words of wisdom, here are five characteristics of reputation of which businesses and individuals need to be cognizant when seeking to change or improve their reputations.

1. A Reputation can’t be built on false promises - "The way to gain a good reputation is to endeavor to be what you desire to appear," said the Greek philosopher Socrates. Your advertising materials won't fool anyone if your promises aren't being kept. If our luggage is lost, we will not believe the ad calling the airline "competent." In the same way, your company’s reality-on-the-ground must match the rhetoric your Reputation Agency is putting out about you, in order for your believability to remain intact.

2. Reputation must reflect what you’re doing NOW - Automobile manufacturer Henry Ford said, ‘You can’t build a reputation on what you're going to do.” It’s all well and good that you PLAN to do something great. But if you’re not doing it yet, or (worse) if you don’t follow through, it will hurt you more than if you hadn't promised to do it at all. In short, your reputation is a result of what you've done in the past.

3. A reputation pays off in the long run - “A reputation for good judgment, for fair dealing, for truth, and for rectitude is itself a fortune,” said social reformer Henry Ward Beecher. There’s not really a way to weigh the value of a good reputation, or that of a good one that’s been lost. Your customers, if they’re happy, reach out to dozens of people about your products and services, but also about your attitude and helpfulness, and that of your employees. A reputation pays off in many innumerable ways, most of which you will never know.

4. A reputation can’t be a con job - Author and artist Elbert Hubbard wrote, “Many a man’s reputation would not know his character if they met on the street.” A reputation must be true and reflective of the subject it purports to represent. No one can "create" a glowing reputation for someone who's character is genuinely bad. Again, today’s consumers simply are too smart for such a cynical exercise in deception, and frankly, AMG (along with every other ethical PR professional) will not participate in such a deception. As in other examples here, the perception must match the reality. A con job will simply further tarnish a damaged reputation, and it’s simply not worth it. Issues involving the character and practices of your company must be addressed BEFORE “re-launching” yourself and your name to the public.

5. Your reputation can be ruined by others - George Washington said, "Associate with men of good quality, if you esteem your own reputation; for it is better to be alone than in bad company." If you’re associated in the mind of the public with a rouge company or an unscrupulous person - even if it’s not YOUR company or employee - your reputation could be hurt by it in the eyes of the public. That may not be fair, but it’s reality. People sometimes don’t distinguish between you and a bad act committed by someone close to you. As Washington said, in that case, it’s better to be seen alone and apart from them, and AMG can help you distance yourself from trouble with a clear reputation management plan.

Contact Abbott Media Group if you need help creating compelling messages that build your reputation!

By Stephen Abbott, Principal, Abbott Media Group, which creates inspiring, engaging messages that build reputations. On twitter and Facebook.

Friday, January 13, 2017

Fair Dealing And #PublicRelations [Abbott Media Group]

Reputations in business, as in life, are built on fair dealing: by treating customers and employees well, by paying employees what they have earned and on time, and by giving customers friendly attention and fair value for what they purchase.

Without this culture of fair dealing, employees grumble, are dissatisfied on the job, and are disloyal, and customers simply leave and never return, making sure everyone knows why they have taken their business elsewhere.

But when a culture of fair dealing is fully embraced, employees are enthusiastic and do all they can to make the company successful, and customers reward it with loyalty and positive recommendations to their neighbors and friends.

Fair dealing cannot be faked. And it is not the job of public relations to pretend a company that is not dealing fairly actually is doing so. Public Relations can never allow itself to be used to paint a false picture of fair dealing where none exists. Employees and customers alike will see through any such attempt at whitewashing. Lying always makes things worse, in the end.

But when a company that has damaged its reputation by not dealing fairly begins to deal fairly in all aspects of its corporate life, it's a pleasure for public relations consultants to tell all who will listen about this more positive attitude towards doing business.

- Stephen Abbott
www.AbbottMediaGroup.com

Wednesday, November 25, 2015

"#MostUsedWords App" Launches #PR Offensive After Criticism [Abbott Media Group]


Not that giving all one's personal data to a third party has ever been safe, and not that Facebook "quizzes" have ever been safe, either, but the firestorm around the new Facebook app "Most Used Words" really struck a chord with the 17 million Facebook users gave it permission to use its data.

And after the Comparitech blog did a breathless take-down of the Korean-based Vonvon, creator of the App, on its site Sunday, Nov. 22 in which it called it a "privacy nightmare." Comparitech specifically attacked the App's "oxymoronic privacy policy And called the company and the App a "shady data dealer" but not the only one to "masquerade behind a viral quiz mill."

The "nightmare" angle spread like a virus, shared across Facebook, becoming a trending topic there and also on twitter, where many accused the App of "stealing" personal data.

By Tuesday, the company had already sprung into action.

It posted updated language on its website that it was, as of Tuesday, Nov. 24, acting to "proactively" address the concerns by "significantly" reducing "the magnitude of access privilege" required by the App. It also clarified that the App does not collect users' email addresses, "so there is no way we can spam you." It also note

It's CEO Jonghwa Kim also took to the battle to Comparitech itself, sending a rather predictable legalistic and threatening message to the firm (noting that he was "deeply concerned about your false accusation") but also mentioning the positive steps it had taken, and explaining that the information collected, "is never stored in our databases." Comparitech published his letter as an update to the original post.

As for emails, Kim notes bluntly that, "As we do not store any personal information, we have nothing to sell. Period." He swears that the App never deals with Third Parties.

The company has been in existence for less than a year, but says it has more than 100 million unique users from US, UK, France, Brazil, China, Japan, Korea, Thailand, etc. and operates in 15 languages.

THE BOTTOM LINE:

It remains to be seen whether this coverage will damage this Korean startup. It also remains to be seen whether this App is any more damaging or dangerous than any other Facebook App.

But the PR response by Kim and his company seems on point, and an effective demonstration of how crisis management is done: directly address both the alleged technical and ethical problems, then let people know.


By Stephen Abbott, Principal of Abbott Public Relations, a division of Abbott Media Group, which creates written messages which inspire, inform, educate and engage, in mass media, publishing and public relations. On twitter and Facebook.