The piece, titled "What Every Start-up Should Know about PR," sets reasonable expectations for startups considering retaining PR representation.
book, and then in a blog post that as likely prompted by my having called him out. I followed up his explanation with another post on which he posted a comment. Last week, Business Insider resurrected Mr. Cuban's POV whose title speaks for itself: "Startups Shouldn't Hire PR Firms."
Here are some highlights from the two pieces:
Lindsey Green: "...PR is no substitute for having a great product. Nor is it a guarantee of sales, sign-ups, or funding—if anyone promises you otherwise, be wary!"way too many startups, while at the same time, have at their fingertips too many other sources for story ideas. (I won't mention the myriad misguided pitches in their inboxes that only serve to diminish every other PR pro's prospects for meaningful engagement.)
Lindsey Green: "...don’t use PR to try and be something you’re not. Spend your time and energy getting to know your audience, and be honest about who that audience really is. The more honestly you can share this information with your publicist, the better they’ll be able to get you placement in the right publications that will actually help you build on your early success."
Mark Cuban: "The thing about PR people is this: while they may have great contacts and they can get articles placed, they are not capable of doing a vulcan mind meld. They don’t automatically know all the elements about your business that you want to convey to media, partners, customers, potential employees and even potential investors."
Lindsey Green: "...with so many new companies, and only so many spots to get media coverage, it’s tough out there. A good PR rep should be able to tell you early on how the press is responding to outreach before launch."
Mark Cuban: "...there is no way for a small company can break through the clutter to get the attention of media. If you are a startup that incorrectly thinks it needs to get on Letterman or Good Morning America in order to be a successful company, then they are right. But the reality is that for the vast majority of startups, particularly tech related startups, most of the media that is going to benefit you out of the gate is trade related or local media. And these people are ALWAYS looking for stories to write. They want to hear from unique companies."
Mark Cuban: "It’s amazing how often a simple email to a writer for a trade publication or local media will get a response. The key to getting a response is being short, sweet , hyperbole free and to the point. You have to sell your differentiation in a paragraph."
Nonetheless, Ms. Green's and Mr. Cuban's portrayal of PR for startups was surprising in its narrow (1980s?) focus on just the "earned" media part of the media equation, i.e., they made no mention of "owned" or "paid" media. Mr. Cuban went so far as to craft a sample "pitch letter" to school the profession on how journalists should be communicated with.
|The New York Times's Jenna Wortham|
Hence, a better PRescription for startups should entail the constant and strategic application of selective media engagement over time, coupled with content-creation and an appropriate social and event speaking strategy. Together, these dimensions should ultimately pave the way for (differentiated) startups to build a wider digital media footprint, and eventually a healthy bottom line.
BTW, I'll be moderating a panel titled "PR at a Hot Startup" featuring the internal PR reps from Buddy Media, Foursquare, Etsy and Zynga as part of PRSA's "Digital Impact" conference April 2 in NYC.