• Tech Media Has Changed. Tech PR Needs to Change With It.

    Tech Media Has Changed. Tech PR Needs to Change With It.

    The technology landscape has significantly shifted over the past few years and the media’s approach to covering this sector has shifted alongside it. Though “stagnant” is not a word that ever applied to media, the pandemic, an unpredictable global economy, and the impact of AI and rapid digitalization have accelerated the industry’s evolution, leading to sweeping changes that were once beyond our imagination. For PR and communications professionals, understanding and adapting to these changes is not just helpful—it’s crucial to hit your clients’ media coverage goals.

    Let’s dissect some of the changes that are reshaping the narrative:

    Mastheads are shrinking.

    The media is struggling – in some cases, mightily – to keep up with digitalization and diminishing revenue streams. Readers are fatigued and those who follow the news increasingly turn to social media, leading to a decline in online readership of established news sources. As a result, media outlets are restructuring their businesses. Since the start of the year, TechCrunch announced the end of TC+, Red Ventures indicated an interest in selling CNET, and many talented and experienced tech reporters were laid off.

    Amid shrinking newsrooms, reporters are stretching their interests far and wide to engage with audiences in new formats, and the freelance economy is exploding. We anticipate this continuing over the next year—and beyond. If the trend continues, free-agent reporters could very well be the future of the industry.

    The medium is changing.

    The internet provides an ease of publication which traditional print media lacked. As many media outlets struggle to find their footing in the current digital landscape, alternative news mediums are flourishing. Online platforms and digital media outlets, fueled by an insatiable appetite for tech-related information, have helped alternative formats—like email newsletters, social media news platforms, video-first content, and podcasts—find widespread popularity.

    For example, former Protocol journalist Tom Krazit founded Runtime –a new publication covering enterprise tech products – and over one million individuals receive TL;DR, an email newsletter summarizing the latest stories in tech, startups, and programming. Additionally, Substack newsletters are growing in popularity, allowing journalists to expand their reach through its network of over three million paid subscribers. The rise of technology podcasts across media outlets, like Bloomberg or The Verge, also showcase the hunger for diverse tech-related content beyond the confines of traditional newspapers and magazines.

    Further, we’re seeing reporters kickstart their own newsletters, LinkedIn blogs and publications to shake the confines of legacy publications. Social media has furthered this pursuit, as today’s journalists are more than writers; they’re influencers, hosts, and bloggers as well.

    As tech evolves, so does its media.

    Despite ever-shrinking mastheads, advancements in technology have spawned new beats, covering AI, tech policy, digital transformation, and more. This poses a challenge to the remaining staff reporters, as they must expand their existing focus areas and cover a wider array of topics. While arguably fatigued by this change of pace and broadening coverage, their dedication and determination to share the stories that matter are admirable.

    The rules of engagement with tech media have transformed, and the strategies that once guaranteed a spot in the limelight are now as outdated as last year’s best selling or most popular tech product. To succeed in tech media’s new landscape, PR pros need to continuously adjust their strategies.

    • Do your research: To stand out, you’ll need to do your homework. Developing a strong understanding of a reporter’s beat and areas of interest will make a big difference and help you get a story across.Beyond identifying the right target, creativity and brevity are critical. With fewer reporters writing technology stories, and so many tech vendors vying for coverage, it’s about having a crafty headline to grab attention, a hyper-personalized pitch, keeping things short and sweet, and thinking like the journalist you are approaching. The right note takes both time and creative muscle. 
    • Be innovative: PR professionals in B2B tech need to get inventive when pitching angles around client’s services. Toeing the line of vendor neutrality in our media efforts is critical to landing earned placements and nurturing lasting media relationships. Reporters don’t want a sales pitch; they’re looking for a narrative that their readers will care about.
    • Have a back-up plan: Furthermore, with reporters stretched thin and covering multiple beats, product news rarely gets the attention it once did. To compete with other timelier news, it’s valuable to have a backup plan. Counseling clients around expanded campaigns including integrated options like sponsored contributed content and owned/social media can help bolster product announcements beyond earned efforts.
    • Diversify platform outreach: With new podcasts, video news shows, newsletters and other digital mediums joining the tech media fray, expanding outreach beyond traditional media is paramount to success. This wide variety of forums is transitioning PR to an era of visibility over strictly earned media relations; it’s about generating impactful brand awareness across myriad channels.

    No one is more aware of the shifts in tech media than reporters themselves and being sensitive to the fact that they are more than gatekeepers to our client’s next feature is essential. A friendly note can be a breath of fresh air, especially when their inboxes are overflowing with requests and pitches.

    Navigating the tech media landscape demands a strategic recalibration for PR professionals. Adapting to these shifts is a prerequisite for success when working within tech media in 2024 and beyond. Staying relevant means doing the homework, embracing diversity in outreach and understanding that the only constant is change.

  • In-House vs Agency vs Freelancer: Pros, Cons + What to Consider

    In-House vs Agency vs Freelancer: Pros, Cons + What to Consider

    Your company is taking off – a growing customer base, some brand awareness and a team that truly believes in your mission. And to bring your brand to the next level of growth, you know you’ll need additional support. Your team is ready to invest in marketing and/or public relations and your faced with an important decision: do I hire an agency, a freelancer or keep things in-house?

    This is a question we understand very well. In addition to providing our own variety of programs that serve critical needs at critical times, we’ve assisted in finding valuable in-house hires that have helped brands structure themselves for continued growth. We’ve also directed clients to trusted, extremely capable freelancers when appropriate.

    So, back to you. It’s time to make a major investment in marketing and PR but you have no idea which level of support makes sense for your business. Let’s look at your options:

    Freelancer/Specialist

    Average Cost: $30,000-180,000 per year

    *One person with 5-25 years of experience; retainer + supplemental expenses

    The Ups: Freelancers and/or specialists are very dedicated to their clients – sometimes entirely to one – and are usually extremely knowledgeable about niche spaces. They can provide highly useful, insider perspectives, and are cost-effective for brands with limited resources.

    The Downs: Freelancers can’t always access tools and technology to help them analyze data and trends, build and evolve media lists, identify and manage influencers, or generate insightful reports. Highly specialized pros will know your space…to the extent that they may be wearing blinders and unable to see the big picture that media, in particular, so eagerly want to explore. And being individuals also means when they’re out of pocket, or run out of hours in the day, you’re out of luck.

    Single In-House Hire

    Average Cost: $78,000-125,000 per year

    *One person with 0-4 years of experience; salary + insurance allocation + payroll taxes + actuarial value benefits

    The Ups: An in-house hire means you have a dedicated employee learning your language and fully absorbing your vision and mission. They have direct access to your SMEs, they can easily represent you at public events, they can help you manage your external relationships and partners, and their goals unquestionably align with yours.

    The Downs: As with freelancers, they can be limited in their ability to access critical tools (i.e., if you don’t provide them, they don’t have them). Also, like freelancers, anytime they’re out of office or pulled in too many directions, or if they leave the company, your priorities slip through the cracks. And not having an outside perspective on what’s working for other brands and industries means they don’t always present new ideas.

    Agency

    Average Cost: $120,000-240,000 per year

    *2-4 person team with 20-40 years of combined experience; retainer + supplemental expenses

    The Ups: An agency’s primary and most considerable asset is its resources. Within a single agency, you have access to an entire team of knowledgeable professionals that will collaborate across disciplines on the ideas and tactics that will lead you to success. They have tools and technology that provide critical insights, years of experience with what has and hasn’t worked across multiple sectors, global networks of diverse media and agency relationships to support a variety of markets, and a host of services under a single roof that make it easy for your marketing efforts to evolve with your business. You also never need fear being put aside when a single team member is unavailable, as an entire crew is ready and able to jump on your requests.

    The Downs: Some agencies can be expensive relative to your needs. The really big ones can treat “little” clients like nobodies in favor of serving the “big fish,” handing them off to junior professionals as soon as the ink is dry. They’re full of people that know a lot about a lot of things, but probably not as much as you know about your specific niche.

    Ok – where do you go from here?

    Start by making an honest assessment of your goals and resources for external communications. Important (and informative) questions include:

    • Are you building a foundation of exposure, or seeking to build on top of a foundation?
    • Are you competing in a crowded market, or helping to define a new industry?
    • Are your audiences local, regional, national or global? Not just now, but in 2-3 years?
    • Are you or members of your team ready and available to speak to media, contribute byline articles, draft whitepapers, review and approve marketing design and copy, etc.? Or are you simply hoping to dabble in one or two areas?
    • Are you looking for temporary help with one priority initiative? Or are you interested in a long-term effort that will keep up with changes in the industry?
    • Are you seeking true strategic guidance – which sometimes means being told your ideas are not the right ones? Or are you seeking someone to execute plans you’ve already created?
    • And of course, what kind of budget can you reasonably commit to PR/marketing?

    Your answers to these questions will help you decide the level of support needed to support the growth of your business.

    Because that’s what every one of the entities listed above should be focused on. The growth of your business.

    The Bottom Line: If the people pitching you their services aren’t talking about how the things they offer will expand your reach, impress your stakeholders, attract investors, engage your employees, fuel your other promotional needs, increase customer/partner/staff retention, introduce you to new markets or solve public-facing challenges, then – regardless of your budget, goals or timeline – it’s time to go somewhere else.

    Vanessa Taylor is the general manager of Precision, a smart and nimble division that applies Matter’s full suite of PR services and vast expertise to brands with highly focused PR needs, like startups and rapid-growth brands, nonprofits and mature organizations with new initiatives. She’s also the manager of Matter’s Open Door program, which works with accelerators, co-working spaces and other member organizations to provide free education/training to entrepreneurs who need to manage brand promotion on their own.

  • Riding The Green Wave: Topics That Resonate With Sustainability Reporters

    Riding The Green Wave: Topics That Resonate With Sustainability Reporters

    Investment in climate tech may have been down in 2023, but the industry still outperformed all other sectors – underscoring an important message: the urgency of climate action and the lucrative potential of cleantech, even in challenging times.

    For innovators navigating a competitive industry with limited media resources – sustainability reporting has taken a major hit from recent media industry layoffs – the key to building a substantial presence lies in targeted, consistent, and strategic media relations grounded in thought leadership.

    Unleash Your Expertise

    Journalists and their readers are hungry for knowledge, and you’re the expert. Regularly mining your team for intriguing story ideas is incredibly important to the PR process. Investing time in research and brainstorming leads to a unique and well-rounded company voice and a sharp increase in the quality of your content. Get your experts on the phone at least bimonthly to explore new trends, understand your customers’ pain points, and delve into their perspectives on recent developments, such as the outcomes of the World Economic Forum.

    With so few available sustainability reporters, coming to a relationship armed with multiple story ideas, robust commentary on each and even the ability to craft content for them will keep you at the top of their very busy inboxes.

    The Themes of the Moment

    We’re out there pitching all day, every day – we know what resonates with sustainability reporters right now.

    Rules & Regulations

    Numerous regulations advocating for increased corporate accountability are currently in debate or at various stages of passage, with significant implications for U.S.-based businesses. If you possess the expertise to decipher the nuances of policy conversations, reporters want to hear from you. Stand out in crowded inboxes by providing industry-specific commentary and tailoring your insights to trade outlets like Fashion Dive.

    The best part is that when conducting this type of pitching, which we like to call newsjacking, you are able to quickly build valuable relationships with reporters – by reaching them as soon as news breaks, when they need to work fast to file a compelling story, you show you’re both smart and reliable. They typically come back after that.

    Adapting to and Mitigating Climate Change

    The undeniable reality of our changing climate makes it as a hot topic across sectors. If your thought leaders can speak to preparing for a more volatile planet – perhaps by tracking and anticipating critical weather events and their effects, reducing and recycling carbon emissions, creating infrastructure that can withstand major changes in climate and population density, creating novel processes that work within existing manufacturing chains so better resources can be deployed more rapidly, optimizing energy usage so limited resources aren’t wasted and the cost of renewables can be reduced, and so on – leverage that expertise with data and real-world examples as your pillars. Reputable outlets like Bloomberg and Reuters regularly cover these issues.

    AI, AI, AI

    Greentech is growing quicker than ever, and as with just about every industry right now, the AI revolution is officially here. All eyes are on companies doing interesting things with artificial intelligence and the media is hungry to learn more. Smart, technical-focused thought leaders stand out from the pack in a crowded landscape, so lean into that in as non-promotional a way as possible – how does your tech work? What quantifiable impact can your technology have on the world? Why does that matter to the industry/world at large? What impact do you anticipate AI having on the industry, short and long-term? Is it too soon for bold claims? Our clients are finding that, while AI will have a positive impact in the long-run, it’s not yet contributing in a meaningful way and may instead be serving as a distraction from achieving net-zero goals.  Publications like AIthority and Cadalyst will be interested.

    Collaboration

    We are in the thick of 2024 planning and storymining and we’re hearing from more and more clients that public-private partnerships are the way forward. But what will they require to succeed? Take the reins on this conversation by offering reporters best practices, joint interviews with your own partners and thought leadership about the potential real-world impact – how partnerships can and will turn on the light at the end of the tunnel.

    Invest the Time, Reap the Rewards

    When you have minimal time to invest in PR efforts, it can feel difficult to find time for more than press releases. But the truth is, everybody is sharing company news every day. Reporters can only pick up so much.

    A steady drumbeat of thought leadership – both by way of interviews and contributed content – not only meaningfully increases your share of voice in your space, but it also lays the groundwork for more feature pieces on your news. When you share your press release with a reporter, they are far more likely to care if the Google results for your company are full of quality coverage from reputable news sources that position you as a true expert in your field.

    And while you’re at it, maximize the reach of your expertise, content and coverage with a dynamic newsroom. When the media landscape lacks, you can pick up the slack and become a reliable source of data, insights and discussion. Don’t relegate this section of your website to press releases about new hires and product updates; use it to shine more light on your unique POV with engaging industry commentary from within and without your brand. Your customers, prospects, investors and stakeholders – and media – will see you as the authority you are.

    Jackie Brown is an Account Director for Matter’s Precision group. She’s led her teams to securing the high-impact pieces of coverage linked throughout this piece, in addition to coverage in GreenBiz, Water Online, Fast Company and many more.

  • Healthcare PR: A Galaxy-sized Challenge in 2024

    Healthcare PR: A Galaxy-sized Challenge in 2024

    Predicting healthcare trends is like forecasting the weather…on Mars.

    But in the aftermath of last month’s J.P. Morgan Healthcare Conference – and the increasingly positive sentiment around the state of the business of healthcare – we pulled out the telescope and identified several trends that healthcare PR teams should keep in mind as we settle into 2024.

    Generative AI – Friend or Foe?

    There are two distinct realities within healthcare PR in the generative AI era:

    First, we need to find unique ways to tell uplifting stories of generative AI’s potential and success. Health systems and hospitals are already demonstrating deep commitment to developing the technology. Generative AI has already proliferated in doctors’ offices nationwide, and legions of PR practitioners have a story or a use case to share, making effective storytelling paramount to earning media coverage.  

    The second reality: As care providers and tech companies embrace generative AI, PR teams must approach the technology with caution within their own operations. Original content is increasingly valuable as tools to detect generative AI-produced content are emerging parallel to the technology. Those who attempt to take shortcuts will be easily identified and the content simply won’t stand up against authentic writing.

    Nimbleness in Uncertain Times

    The economic rollercoaster ride from the post-pandemic boom to the rash of industry layoffs that characterized much of 2023 has thrown communications plans for a loop the past few years. Those of us waiting for the rollercoaster to slow down can’t help but see the 2024 presidential election coming and brace for its ramifications in the marketplace.

    The PR teams that can best adapt to market instability are the ones poised for success. That may mean finding ways to achieve PR initiatives with a reduced staff, a smaller paid content budget or fewer trips to industry conferences.

    A strong PR team should view a slimmer budget as an opportunity for creativity, rather than a handicap. Having fewer people involved often lends itself to more cohesion and spurs proactivity from each member of the team. Even in the face of budget constraints or a reduction in staff, bottom line results do not have to suffer.  

    Healthcare Media’s Evolution

    Media relations will present new challenges as newsrooms – even as prestigious as the Los Angeles Times and Business Insider – continue to shrink or consolidate.

    Building and maintaining healthy relationships with industry reporters is critical in an environment of short-staffed news outlets. In addition to having fewer resources, reporters now have the ever-present concern of AI “deep fakes” that have made it even harder for them to discern fact from fiction. The value of reliably connecting reporters to subject matter experts cannot be overstated in these times.

    Effective healthcare media relations strategies have also emphasized quality over quantity in a consolidated media landscape. The PR teams that foster those media relationships, drive quality in each piece of coverage and carve out space in a competitive environment will deliver ROI for their partners.

    The outlook for healthcare PR is not nearly as frosty as the weather forecast on the Red Planet, but the ebbs and flows of our business are sure to keep it interesting.

  • Consumer Health and Wellness Trends

    Consumer Health and Wellness Trends

    What Communications + Marketing Professionals Need to Know in 2024

    It’s no secret the game changed significantly for how consumers view all aspects of health and wellness over the past five years – living through a global pandemic will do that! But beyond changing attitudes about hygiene and disease prevention, the growing spotlight on mental health and self-care, and the explosion in telehealth have had lasting effects on changes in consumer behavior, there are few hard and fast rules for U.S. brands to follow in 2024 as they attempt to capture more dollars. Indeed, if there’s one thing that stands out as a lesson learned for those companies looking to win over the hearts and minds of American consumers, particularly with health and wellness products and services, it’s that they need to connect with customers in more meaningful ways than ever, and be willing to be nimble in how they do it.

    Of course, that’s easier said than done. Working with so many organizations of various shapes and sizes across the health and wellness spectrum, from CPG brands to health care startups to some of the world’s biggest and most recognizable health providers, we’ve come to understand that before you can devise a smart strategy, you need to understand the landscape. Below are some of the biggest health and wellness trends impacting how consumers perceive the brands promising to help them care for themselves or their loved ones – and asking for their dollars to do so.

    Younger consumers cannot be overlooked

    Millennials, Gen Z and now Generation Alpha consumers are heavily influencing the trends and information sharing that permeates on social media and drives much of the conversation around mental health, physical wellness and positive body image. They use more wearables. They think about mental, physical and social health differently – and interconnectedly. And they are increasingly making decisions or helping their parents, loved ones and yes, even followers navigate choices on everything from fad diets to telehealth options to previously often taboo topics like sexual health, menstruation, relationship boundaries and managing anxiety. Indeed, according to McKinsey’s latest Future of Wellness report, which surveyed more than 5,000 consumers across the U.S., U.K. and China, Gen Zers and millennials are now purchasing more wellness products and services than older generations. And findings from the Nutrition Business Journal spotlight how Alphas, who have grown up with complete access to smartphones and immerse themselves in tech from metaverses to AI, will soon outnumber Boomers and have huge sway on their families’ purchases – especially when it comes to health.

    Not only do brands need to adapt their approach to win over these younger, more diverse and more complex demographics of consumers themselves, but they must recognize the impact they have on their parents and grandparents as well, as they become caregivers and decision makers…or at the very least, influence their perspectives and purchases.

    Influencer marketing and digital media remain critical channels for educating and engaging

    Speaking of influence, tapping tastemakers with niche or mass audiences following them on social media channels is still a red hot category that many brand marketers are not investing in at the level or with the strategic approach they should be. Working with influencers is a hybrid marketing and communications strategy that is equal parts reputation management and word-of-mouth guerilla marketing as it is advertising, yet too many brands often see it as simply a paid channel with an exclusive focus on numbers. As we shared in our own recent free webinar, Working With Influencers: How to Build Authentic Partnerships and Engaging Content, there are nuances to activating influencers the right way so that content feels authentic and credible, the partners leveraged by your brand make sense and don’t pose undue reputational risk, and the storytelling approach resonates to drive action versus inspiring eye rolls and skepticism. And our own surveys have shown that between 2020-2023, health and wellness remained the second most popular category of influencer content that consumers are both most interested in and most likely to act on upon viewing.

    Our survey also revealed credible experts can often be more important ambassadors for brand storytelling than even celebrities – and this may become increasingly true when it comes to health and wellness topics or services. Many of our clients are finding value in partnering with licensed professionals for wellness-centric campaigns versus relying on non-credentialed influencers who may not meet younger consumers’ standards as they become more discerning about whose advice and experiences are most valuable and reliable. 

    Of course, it’s not just social media that needs to be a core part of any health and wellness brand’s marketing mix, but really embracing a healthy mix of digital-first tactics as part of an overall omnichannel communications strategy. According to eMarketer’s Jeremy Goldman, we’re seeing momentum towards the point where consumers will be spending one in $5 online by 2027, and e-commerce continues to be a huge growth opportunity in the U.S. whereas it has matured much faster in other global markets. While that means four out of five dollars spent are still in-store in the U.S., consumers are still shopping across digital and brick-and-mortar venues, as buy online, pick-up in store becomes more accessible, and folks discover items online and then seek them out in person. When looking closer at categories, Goldman cites that 21% of health and personal care purchases are online, with that share expected to grow dramatically as we move into the future.

    Retailers and CPG companies hoping to win in wellness and health care service providers need to understand that each consumer’s journey is likely to include a combination of online and offline interactions with their brand. Looking for ways to deliver seamless, frictionless experiences continues to be paramount – and that means reaching consumers and engaging them should include an array of online and offline tactics, too – even if that makes the ROI a bit more complex to measure than simply tracking KPIs such as direct clicks and e-commerce sales.

    The hottest topics in wellness keep changing – so it’s important to stay plugged into them

    Finally, one of the best pieces of advice we have emphasized with our clients is that to stand out, they need to hone in on topics and themes that are going to resonate – and use those to show how their products or services are relevant. Media coverage, research, social buzz, surveys and Google’s weekly search tracker are all great vehicles to keep tabs on what trends are rising or dominating. Your team and agency partners have to be tuning in and deriving inspiration from the news of the day and the rapidly shifting behaviors that illustrate what consumers care about and are seeking information on.

    Mental health, stress management, hydration, fitness and self-care, healthy aging. These are all stand-out topics that are leading much of the conversation, online and offline, about consumer health and wellness. That’s not to say that for specific patient communities or folks managing chronic conditions, that there are a plethora of other ways in for your brand. But for companies trying to break through the clutter, think about all the articles and podcasts on work-life balance, changing routines and norms that we come across on a daily basis. The desire to draw healthy boundaries not just on work vs. home time, but in relationships, friendships, familial connections. And that fitness and self-care mean different things to different people. A recent Forbes Health/OnePoll survey cited that the top New Year’s resolution this year was focused on fitness and physical health, a departure after several years of mental health claiming the top. The rise in semaglutide medications such as Ozempic, Wegovy and Mounjaro have offered hope to hundreds of thousands if not millions of consumers who are experiencing weight loss milestones they’ve struggled to attain for years. At the same time, there’s been an explosion of low calorie and high protein TikTok recipes and food trends that we can’t seem to get away from. The body positive culture celebrated across pop culture and in music. Each of these topics on their own offer new opportunities for brands to be part of the conversation around how they can help people maintain or establish new healthy routines and habits, or address underlying issues.

    Across all demos, hydration is huge – look no further than the Stanley cup craze and #WaterTok for evidence. Plus, with the proliferation of mocktails being added to menus and on store shelves, and more adults opting to go alcohol-free, that leaves the door wide open for flavored and creative water options and other non-caloric, non-alcoholic beverages that can be tied in with people’s health goals.

    And all of it extends as people age – what 60 or even 70 looks like today is nothing like it did when many of us were children, and it shouldn’t. As a result, there are so many trends, practices, products and services all geared toward the concept of slowing down the aging process. The benefits of extreme temperature treatments (cold plunges, saunas, cryotherapy), intermittent fasting, supplements, plant-based diets, paying more attention to the quality and nutrient density in food…the list goes on and on. Even popular docuseries like Limitless with Chris Hemsworth, Live to 100 and You Are What You Eat are hugely trending for many because of their desire to explore anything we can do to have more healthy, good years.

    Conclusion

    While there’s still some uncertainty after 2023 turned out to be a roller coaster of a year for many, driving success in 2024 is very achievable – but the time to act is now. Experiment, optimize, be willing to try new things and invest as much in brand awareness and building affinity for the things you stand for, the problems you solve, and your purpose or connection to the communities you serve. All of that is going to continue to be just as critical as simply sharing what makes your products or services different from the next ones. In short, there’s no scarcity of “ways in” for brands to market their offerings well to consumers who are eager for anything that will help them on their health and wellness journeys. You just have to be committed to doing it meaningfully.