A Few tips...

What are the best practices in public relations? After a semester of learning about blogs and other upcoming social media trends, there is a lot to reflect on. Of course those who have been in the PR business for many years have many tips for young graduates. Here are a few tips that I feel might be helpful.

1)Research- Research pretty much sums up an intern’s job! Research is one of the most important elements in public relations. Although meticulous, research unveils key aspects about a client such as its’ relationship with the public and media and position in the marketplace.

2)Knowledge of business skills-
It is greatly beneficial to know basic business skills in the PR industry. Dan Wool comments, “If you don’t know how business works, and especially, how it makes money, you cannot success in PR”(Valley PR blog). How can you help your client if you don’t understand how their company operates?
http://valleyprblog.wordpress.com/2007/03/25/8-essential-skills-for-pr-pros/
For example, the term rate of investment or ROI, is an important concept to understand. In the corporate world companies measure the success of investments based on ROI, the ratio of money gained or lost in an investment. If a company seeks the help of a public relations firm corporate executives will most likely evaluate you and your services based on the ROI.

3)Be in the know-
I can't tell you how many PR professionals have expressed the importance of reading the newspaper. When PR legend Harold Burson spoke at SMU he repeatedly advised us to read the newspaper daily. PR professionals must always be up to date on what is going on, especially if you are involved in issues management. It would be beyond embarrassment if you had to represent a company such as Diamond Pet Foods and had no idea their product was recalled.

4)Monitor your own performance-
Besides counting how many media clips you have, it may be helpful to evaluate your own performance. Meadiatrust.org suggests developing a score system to rank the quality of media coverage and to examine how well key messages were conveyed to target audiences.
http://www.mediatrust.org/training-events/training-resources/online-guides-1/guide_top-pr-tips

5)Build a solid relationship with the media-
A solid relationship with the media is key to running successful PR campaigns. If a favorable relationship is established then there is a greater possibility that your pitch might be chosen over hundreds of others. Bytestart.co.uk highlights the importance of a relationship with the media because if you consistently provide well-written stories, then it is likely that the journalist will come back to you again and again.
http://www.bytestart.co.uk/content/marketing/articles/diy-pr-tips.shtml

The Look-Look Challenge

Look-Look, an LA based company that researches the trends of today’s youth culture, recently presented a challenge to our class. Look-Look asked us to research the "new entrepreneur," and examine why this is such a trend among today’s college students.

So who is today's "new entrepreneur?"
Of course today's entrepreneur must have the drive,dedication,and the cash flow to turn their "idea" into a successful business opportunity. Some people may have the idea of starting their own business, but have no plan whatsoever. Today's entrepreneur is one step ahead and is raring to bloom.
As a side note, our professor asked us to raise our hands if we wanted to be an entrepreneur. I was among the half of the class who didn't raise their hand. I consider myself an ambitious person, but not down right competitive. For me, I will take pleasure in my structured 8-5 job. So maybe it comes down to more than just having the right qualities.

Why does the new entrepreneur flourish at SMU?
-For one thing, location. Nestled in Highland Park, an extremely affluent neighborhood,SMU exists in a somewhat exclusive bubble.
-SMU is a "can do" city. Dallas Convention and Visitor’s Bureau recently launched a new slogan: “Live Large, Think Big”
Although often characterized as a school for rich kids, it is hard to refute such a stereotype when the student parking garage is filled with BMWs, Mercedes, and Audis.
- a curriculum devoted to entrepreneurs and draws ppl to campus.
SMU is a "can do" city. SMU is known as a school for rich kids.-
SMU established The Caruth Institute for Entrepreneurship in 1970 as an addition to the Cox School of Business. Now thirty-seven years later, the institute ranks 5th among the top 100 entrepreneurial schools in the country.
href="http://www.cox.smu.edu/aboutcox/pressroom/releases/2005/mar30".

In order to get an accurate insight into the “new entrepreneur” at SMU, I immediately thought of my friend Scott Sumerall. Scott, a 21 year-old junior at SMU, is essentially living the entrepreneurial dream. Yes, I am envious of his red Lexus convertible he drives, but he definitely earned it. Scott started on his own and invested well in real-estate. When I asked Scott why he wanted to be an entrepreneur he replied, “It’s in my blood, I come from a family of entrepreneurs all the way back to my great-grandfather”. Scott says it is the only way he has ever known since no one in his family has worked for someone else- they have all become successful on their own. Scott feels that as an entrepreneur he has the freedom to have creative discretion and control over his own life. Regarding the new entrepreneur trend, Scott believes there is a different shift in attitudes towards work. Our grandparents stayed with a company for decades, but now the instability of corporate America isn’t appealing, comments Summerall. Summerall also addressed how the trend of being an entrepreneur might affect businesses in the future. He proposes it might become saturated- people will work for companies until they come up with their own idea and peace. Perhaps young entrepreneurs should take note of Sumerall’s philosophy: “I look for ways to start an empire and anywhere I can be that touches fun, I go for it!”

YouTube- You Choose '08

Hats off to YouTube for launching the channel "You Choose '08" in early March !! I spoke about YouTube debuting presidential campaign videos in a previous blog entry, but had no clue YouTube would start their own "campaign". Presidential candidates like Barack Obama, John Edwards, Hillary Clinton, Rudy Giuliani and John McCain have all collaborated with YouTube to create their own personal channels for YouTube members. Candidates can post their own videos addressing certain issues and YouTube members have the chance to respond by posting their own video as well. Take caution though, because this is not a free for all for angry voters to post comments.Candidates have complete control over what is posted on their channel;therefore, the cite is strictly professional. I think this is a great idea and explores a new level of personal interaction between voters and potential presidential candidates. Jordan Hoffner,YouTube director of content partnerships,comments,"I think the politicians will be better served by letting the dialogue with the public take over," said Hoffner. "Our users are very smart and savvy and they can see through something if it's not genuine."
So thanks YouTube for giving those who are interested a new way to be a part of the election.

Check it out: http://www.youtube.com/youchoose

Stay Tuned

Our class is currenly working on an assignment with Look-Look.com. Stay tuned- more information to come.