Real Life in a Public Relations Agency

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Presentation transcript:

Real Life in a Public Relations Agency Presented by bendure communications

A Day in the life

Real Life in a Public Relations Firm Long hours and hard work are key to success Often switching from one topic to another Opportunity to learn about and promote wide variety of topics Opportunity to work as a creative team, generate and implement strategic and creative communications plans Work on the “big idea”

PR Agency Structure President/CEO/ General Manager Vice President Director/Account Manager Director/Account Manager Sr. Account Executive Sr. Account Executive Sr. Account Executive Account Executive Account Executive Account Executive Account Assistant Account Assistant

Public Relations Firm vs. In-house Corporate Communications More reasonable hours in-house In-house, there is less educational opportunity as you’ll only focus on one particular industry segment Often more difficult to leverage for story placements in-house No clients with in-house but will have to manage executives and employee expectations If in-house, you develop a narrow skill set and focus

Big firms vs. small boutique firms Advantages of a small firm More autonomy Opportunity to learn all aspects of a firm Opportunity to work directly with clients Easy path for growth and learning all aspects of the business Big fish in a small pond

Big firms vs. small boutique firms Advantages of a large firm Opportunity not to have to deal directly with clients More structure Usually better salary, benefits Support team More people to learn from

Big firms vs. small boutique firms Disadvantages of a small firm Have to do more things yourself and make sure tasks are completed Expected to oversee many tasks from start to finish Salary may be lower than bigger firm and/or may have fewer benefits May have to sign a non-compete agreement If you don’t like your co-workers, you’re stuck

Big firms vs. small boutique firms Disadvantages of a large firm Small fish in a big pond– often overlooked for promotion Less opportunity for learning and growth More likely to have a rigid structure Less opportunity to work on different kinds of projects/clients Always concerned with ROI and account executives are expected to generate billable hours (expected to generate 3-4 times what their salary is)

Typical PR Firm Scenario The client calls to complain about the account executive working on their account, you: Tell the client you’ll change the team immediately Tell the client that you’ll oversee the account Tell the client that you’ll work with the account executive and make the necessary changes Tell the client, “sorry, that’s who is working on your account.”

Typical PR Firm Scenario The client is demanding way more of your time than they’ve contracted for. They’re a non-profit and are on a set PR budget so you know they can’t pay more. You: Fire them so you can pay attention to your well-paying clients Explain that their budget is too low to accomplish what they want Explain that they need to stay within the plan and the hours

Fallout from prior scenario Client has unrealistic expectations and doesn’t understand what the deliverables should be. Client leaves and goes to another PR firm. Client changes their internal team to align with agency needs. Agency works closer with client in helping them understand and have realistic expectations.

Typical PR Scenario Big National Client Goes to Big National Firm Fees are extremely high Client finds themselves working with someone just out of college As account grows and client asks for a few more things, account executive constantly warns that they cannot deliver extras without more money This attitude irritates client (spending in excess of $500K per year on account) National client leaves big firm and goes to small firm which delivers more customer service and is very appreciative

Typical PR Scenario Big National Client Goes to Small PR Firm Client is very pleased with small firm As client and account grow, small firm is unable to deliver on expanded duties so the firm sub-contracts to lobbying firm, web firm, social media firm; monopolizes firm’s time and resources Client cuts retainer Small firm suddenly goes out of business