Research and evaluation are now routinely required by market and communications investment decision makers when it comes to PR. The question of "Should we measure our results?" has been replaced by "how much should we spend to measure?"
The conventional wisdom of marketing and communication has long governed that "ten percent for research" is the right number, a number which is several times greater than the average. Like so many of the "rules" of marketing and communications, the ten percent rule is a myth. The fact is, the proper percentage of spend depends entirely on the specifics of the situation.
Consider the following scenarios:
_ If you are launching the next game-changer-think "I-Pad"-a 20% allocation in the pre-launch phase may be inadequate. Alternatively, for a
campaign that milks a dying brand, 1% may be too much
-If your company is prepping to launching an industry game-changer-think "iPod"-a 20% allocation in the pre-launch phase may be inadequate. Similarly, for a campaign that milks a dying brand, 1% or 2% may be far too much.
_ If you prioritize PR over other forms of marketing, the investment that might otherwise go towards marketing research may instead consolidate under PR. In this case 10% may be just right. On the other hand, the organization that emphasizes advertising might siphon budget from PR research
There is not a set universal budget or percentage that each company should follow. It is better to create your own wisdom in advance of budgeting. Consider the following guidelines for determining your public relations research budget:
1. What are your organization's objectives? Relate your organization's activities and investments to its overall goals and objectives. Not doing so is a surefire path to failure.
2. What are your department's objectives? Just as a PR department to must support the organization's priorities, so too must the research support the department's objectives. Poor or no alignment to the department's goals leads to irrelevancy...or worse.
3. What other departments will be affected? In order to establish the optimal PR research plan, determine the impact, if any, on other departments. Don't go through the planning process without consideration for others. It's risky, less effective and could be counterproductive.
4. What other programs are currently under way? Make sure you know whether coincidental initiatives-marketing and communication research programs, for example-are in process. Often so decentralized departments find coordination impossible. Nonetheless, it is essential that you know what else might be in play and how these initiatives may affect one another.
5. How will you use what you learn? Research is an essential step in PR planning and evaluation. While you may not know in advance every aspect of how your research findings will be applied, have a strong sense of what the research will reveal so that every dollar you invest will be properly directed towards that goal and the greatest returns.
6. Who are your internal clients and how do they feel? Ultimately, the determination of success or failure resides with the executives who provide funding. Understanding their expectations and preferences for PR activities and outcomes can be difficult... not knowing how they feel in advance is risky. It is essential to understand (and get clear agreement on) the measures by which your success will be planned and evaluated.
Research is a core element in public relations but it need not be mysterious, expensive or complicated. One way to ensure that your PR research arrives on time, on budget and yields the right results is to begin creating organizational-rather than conventional-wisdom by recognizing your aspirations and limitations before spending the first dollar.
The conventional wisdom of marketing and communication has long governed that "ten percent for research" is the right number, a number which is several times greater than the average. Like so many of the "rules" of marketing and communications, the ten percent rule is a myth. The fact is, the proper percentage of spend depends entirely on the specifics of the situation.
Consider the following scenarios:
_ If you are launching the next game-changer-think "I-Pad"-a 20% allocation in the pre-launch phase may be inadequate. Alternatively, for a
campaign that milks a dying brand, 1% may be too much
-If your company is prepping to launching an industry game-changer-think "iPod"-a 20% allocation in the pre-launch phase may be inadequate. Similarly, for a campaign that milks a dying brand, 1% or 2% may be far too much.
_ If you prioritize PR over other forms of marketing, the investment that might otherwise go towards marketing research may instead consolidate under PR. In this case 10% may be just right. On the other hand, the organization that emphasizes advertising might siphon budget from PR research
There is not a set universal budget or percentage that each company should follow. It is better to create your own wisdom in advance of budgeting. Consider the following guidelines for determining your public relations research budget:
1. What are your organization's objectives? Relate your organization's activities and investments to its overall goals and objectives. Not doing so is a surefire path to failure.
2. What are your department's objectives? Just as a PR department to must support the organization's priorities, so too must the research support the department's objectives. Poor or no alignment to the department's goals leads to irrelevancy...or worse.
3. What other departments will be affected? In order to establish the optimal PR research plan, determine the impact, if any, on other departments. Don't go through the planning process without consideration for others. It's risky, less effective and could be counterproductive.
4. What other programs are currently under way? Make sure you know whether coincidental initiatives-marketing and communication research programs, for example-are in process. Often so decentralized departments find coordination impossible. Nonetheless, it is essential that you know what else might be in play and how these initiatives may affect one another.
5. How will you use what you learn? Research is an essential step in PR planning and evaluation. While you may not know in advance every aspect of how your research findings will be applied, have a strong sense of what the research will reveal so that every dollar you invest will be properly directed towards that goal and the greatest returns.
6. Who are your internal clients and how do they feel? Ultimately, the determination of success or failure resides with the executives who provide funding. Understanding their expectations and preferences for PR activities and outcomes can be difficult... not knowing how they feel in advance is risky. It is essential to understand (and get clear agreement on) the measures by which your success will be planned and evaluated.
Research is a core element in public relations but it need not be mysterious, expensive or complicated. One way to ensure that your PR research arrives on time, on budget and yields the right results is to begin creating organizational-rather than conventional-wisdom by recognizing your aspirations and limitations before spending the first dollar.
About the Author:
Mark Weiner is CEO of Prime Research Americas , a research-based consulting firm combining talent with tools to serve clients through our network of analysis hubs in theUSA, Brazil, Uruguay, Great Britain, Switzerland, Germany, India and China. To learn more, visit Prime Research .
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