|
Dear AnneMarie,
With July 4th around the corner, summer is pretty
much in full swing. Before you head off on that
summer vacation, take a few minutes and read our
newsletter!
| PANacea: Success Stories |
 |
|
Stand-Alone Profiles Increase
Visibility for New CEO Learn how PAN promoted
KANA's new CEO, touting his vision for the company
and establishing this take-charge executive as a
thought leader.
Promotion of Scholarship Contest is
Win-Win See how PAN
helped Burns & Levinson with a corporate
philanthropy effort.
Kentucky Derby Roundtable a
Winner Discover how PAN
came up with a creative idea to promote this social
search company at the Running of the Roses.
Maximizing Press Coverage for a
Major Trade Show See how PAN
secured top-tier media
coverage at Incisive Media's Search Engine
Strategies Show in New York.
Branding a 100-year-old
Company Learn how PAN
skillfully uses a firm’s data to elevate their brand and
media exposure.
|
| P.A.N.: Press And News |
 |
|
The Long Tail: Why You Should Consider
Reaching Niche & Local Audiences
by Mark Nardone, Executive Vice President
Many savvy marketers today are looking beyond the
traditional behemoth business targets. As online
retailers like Netflix and Rhapsody have escaped the
physical constraints of brick and mortar stores,
they’ve generated nearly as much revenue
from “outside of mainstream products” as from
mega-hits.
In physical stores, retailers stock what they
anticipate to be hits, because they have limited shelf
space. But online retailers can offer an endless array
of products—whether its Indie
films, out-of-print books, or obscure music. These
niches are what is referred to as “the Long Tail.”
Nurturing this untapped market has proven extremely
lucrative for some. As Chris Anderson recently
reported in Wired Magazine, more than half of
Amazon’s book sales come from outside its top
130,000 titles.
For businesses looking to reach the long tail, PR is a
very efficient tool. Businesses can carve out a niche
for themselves, gaining remarkable traction through
key regional markets. In major markets across the
country, there are pockets of journals and media
outlets specific to your target audience. Any good PR
agency should have the reach into these local
markets to get your message in front of these
decision makers and influencers.
For example, a software firm looking to gain entrée in
the SMB space can gain significant traction through
a localization angle—hitting the second-tier business
journals and developing alliances in those regions to
convey their value proposition. This involves gaining
an in-depth understanding of your ideal prospects,
crafting the right message to differentiate the
business, and choosing key focal points in local
markets.
This doesn’t mean abandoning national promotion. PR
agencies should have the ability to support
national “umbrella” messages to reinforce the
national brand, but also narrowcast—reaching out to
niche audiences. For example, a luxury car
manufacturer can augment its national PR efforts
with targeted value propositions to attract
customers at the local level. Whether you’re gaining
coverage in local media outlets, or participating in
well targeted industry events, the more one-on-one
communication you have, the better your return on
your marketing and PR dollars.
These localization efforts should be aligned with the
overall business strategy. If, for example, we
analyze the results of a marketing campaign and
realize a strong trend in lead generation among
businesses with a specific demographic, we
can adapt PR campaigns to market to this sweet
spot. Likewise, if a new product has been particularly
well received in certain areas of the country, your PR
team should be agile enough to respond quickly to
this trend with engaging communications to these
target segments.
|
| PANagram: Client Perspective |
 |
|
Working with PAN:
Chordiant Software, Inc.
Cupertino, CA
Chris Hall,
Vice President of Marketing
What can you expect from your first 90 days as a
PAN client?
Chris Hall, vice president of marketing for
Chordiant Software, Inc., shares his experience
working with PAN.
Why did you choose PAN as your PR agency?
Software organizations like Chordiant are extremely
dynamic, and our needs are always changing. PAN
had the agility to adapt to whatever we needed. The
firm offers extensive marketing resources well beyond
PR, and we’ve used these to supplement our own
marketing team. For example, when we suddenly
needed to conduct more field activity events, PAN
coordinated these activities. More importantly, the
firm helped establish a roadmap to reach all levels of
analysts and press. PAN brought in their internal
resource for media coaching and skills to ensure the
entire team was conveying the right message. We
turned this into a program for our sales reps to bring
polish to their communication with customers.
What were you looking for PAN to accomplish?
When I was challenged to rebrand our organization, I
knew PAN was the team to help us get there. We
wanted a sincere brand, not just change for the sake
of change. Account Manager Erica Burns worked
closely with our executive team, our
top sales reps, and our ad agency on the
development of a relevant and catchy brand identity.
Once we had defined our new identity, PAN was
instrumental in launching it and getting us promotion
with top members of the analyst and press
community.
What do you attribute this success to?
The team brought tremendous depth of experience in
our industry and in IT as a whole. Mark Nardone
provided executive leadership to guide the team at
the account and senior level. In addition, Erica’s keen
understanding of each analyst and how our message
would play with them was extremely important to our
strategy. She knew the impacts that our brand would
have on the BPM and CRM markets.
I’ve been impressed with our account team, from my
Senior Account Manager Jennifer Meyer, who knows
everyone in the industry, to the senior associates,
associates, and junior associate, who bring terrific
energy and creativity. The team really gels. I know
that they work on other accounts, but when I’m on
my weekly calls with them, it feels like nothing else
exists in their life but Chordiant.
A member of the PAN team also participates in my
weekly calls with our European PR firm to add
guidance. They’re extremely open to sharing byline
and pitch ideas with our European team. This fosters
great teamwork that has helped us to strengthen our
worldwide PR activities.
What was the most important coverage
you’ve gained as a result of PAN’s efforts?
All of the coverage we have secured thus far has
culminated in greater brand awareness. We’ve gained
tremendous traction in the press and analyst
community and in fact, the Wall Street Journal
is speaking with our new CEO in a couple of
weeks. The turnaround has been terrific and our
executive team could not be more pleased with the
progress we have made to date.
What are your plans for the next 90 days?
The PAN team is gearing up to support several
product launches. In addition, they’re reaching out to
help us get closer to our customer base. Our
customers have been very protected from speaking
with the press. We have nearly a dozen byline
opportunities prior to our press tour, and the team
will be strategizing on the best approach to generate
PR with our customers.
|
| PANtastic News: Current Agency Happenings |
 |
|
PAN Takes Home 7 Bell Ringer Awards
At the annual Bell Ringer award dinner on Tuesday,
June 6, PAN came home a winner with seven awards,
including three in the "Best High-Tech Campaign of
the Year" category for our work with clients:
Identify, Systinet and PubSub.
Read more.
Life at PAN: Our Employees Make Us
Shine
In this issue, we introduce you to two newly
promoted Account Managers: Carrie Schuller and Ed
Hadley.

Featured Employee: Carrie Schuller
Current Role: Account Manager
With PAN Since: 2000
Education: Dickinson College
Resides in: Lynnfield, MA
 Featured Employee: Ed
Hadley
Current Role: Account Manager
With PAN Since: 2003
Education: Providence College
Resides in: Brighton, MA
Why did you choose PR as a career and how did
you get started?
Carrie: I chose PR because I was interested
in consumer behavior and how to reach consumers to
interest them in a product or service. Thus, I studied
psychology and took courses in PR and advertising in
London while also completing several internships in
marketing, corporate communications, and PR.
Ed: I stumbled upon PR in college when I
interned for the mayor of my hometown one
summer. When he found out that I was a good
writer, he had me writing press releases, speeches,
op-ed pieces for the local newspaper, etc. It was
such an exciting experience that I pursued a PR
career head on after that.
Continue
reading about Carrie and Ed.
PAN Out & About
On June 12, PAN sponsored The
Capital Network's (TCN) Summer Mixer at Flat
Top Johnnie's in Cambridge. We mingled with about
100 entrepreneurs
of emerging companies and venture capitalitsts.
On August 8-10, PAN will exhibit at the Search Engine Strategies show in San Jose
which promises to be an exciting show with the CEO
of Google as a keynote! PAN will be on the exhibit
floor in Booth #831! Stop by and say hello!
PAN Summer Advantages
With the nice weather upon us, PAN once again has
instituted a special summer benefit for our
employees! Starting the Friday before Labor Day, we
began to observe our summer hour schedule that
runs through the Friday before Labor Day, September
1. During this time, PAN closes on Fridays at 1 p.m.
(However, for our clients, we are always available
via cell phones).
Also, to get everyone in a festive weekend mood,
each Thursday afternoon at 5 pm, the PAN Pub
opens serving ice-cold beverages and snacks. Ask
any PAN employee and they will tell you they look
forward to the 5 pm page on Thursdays, letting them
know the PAN Pub is open!
PAN After 5 -- Red Sox Spring Outing
On Friday, May 12, PAN headed to Fenway for our
annual spring outing where from our seats in the left
field grandstand (under the overhang so we kept
dry), we watched the Red Sox duke it out with the
Texas Rangers. Despite the rain that forced the
game to be called in the 6th inning, we had a
PANtastic time!
|
|
PAN-o-rama: Views From Our President |
|
|
|
With the change of seasons, it made me reflect on
changes that happen everyday all around us. While
sometimes change is viewed as a negative, I tend to
look at the positive side.
With this in mind, I recently sat down with a
nine-year veteran of the firm and one of our senior
managers, Jennifer Meyer. We
reflected on the
enduring and ever-evolving relationships we’ve
developed with our clients. We agreed that a key
part of that success is due, in part, to embracing
change.
Jen noted that in PR, it’s important to keep things
fresh. "We continually look for new ways to add
value to our clients, adapting as their needs evolve,"
she said. "Within a PR agency, bringing in the right
team dynamics can make a profound difference."
That’s why at PAN, we have developed a diverse
staff keen to serve ever-changing client needs. In
this business, agility is critical.
For example, if a client is making a big push to go
public or become an attractive acquisition target, we
may bring on a team member with strong contacts in
the financial press.
Likewise, as the client’s product set changes, we
may augment the team with members savvy in
pitching a particular technology segment. It's all
about being able to adapt and respond to the client's
needs.
Jen gave other examples: "For clients that don’t have
a large customer base, we’ve brought in professionals
adept at pitching thought leadership articles. For
others with a select group of strategic enterprise
accounts, we employed team members who could
approach these accounts carefully to generate the
best coverage without overusing these key customer
contacts. For clients with a more well-established
product set, we may leverage relationships with
vertical trade publications to gain in-depth coverage."
Jen summed it up well when she said, "As is the case
with any relationship, an agency/client relationship
involves work. In many ways it’s like a marriage. You
find creative ways to keep things from becoming
stagnant. You listen. You seek new ways to support
your partner."
As a whole, we think it’s important to nurture strong
alliances throughout the organizations we work with.
While we communicate regularly with our day-to-day
contacts, it’s equally important to reach out to
executives, product managers, and technical experts
within the client organization. Tapping these
resources has proven a great way to gain insights for
developing interesting new story angles. We’ve found
this approach helps our coverage stand out.
"For us, it’s all about being cognizant of our client’s
developing needs, and aligning our resources
appropriately," said Jen. "Clients seek us out for
expert PR counsel. In this industry, we can’t be
afraid to suggest a change when it’s warranted, or
suggest an unusual new pitch concept."
I believe it’s that approach that keeps clients coming
back, and what has made PAN an exhilarating
environment for us for more than a decade.
What do you think about change? Email
me
and let me know. I'd love to hear from you.
|
|