Establish your launch metrics in conjunction with your PR firm. Include an example of our launch metrics Examples:
Win 2 industry awards within 6 months of launch.
Speak at 2 industry events. Get 1000 web site hits in the first week of the launch Receive 200 raw leads -> 10 qualified leads. Have 100 Internet software downloads -> 2%
conversion is typical What are your revenue targets? What's your average selling price? How many sales/salesperson/month? How long is the sales cycle? Is this realistic? This will drive your lead generation targets and how important lead gen is to your marketing budget. Many view PR firms as a poor return on investment. Here's a good argument against using a PR firm. They definitely have a point. If you can't afford to, don't hire a PR firm. If you're not ready, don't hire a PR firm. If you have the internal resources, don't hire a PR firm. BUT, if you're ready to spread the word and you have the budget but not the in-house expertise, then hiring a PR firm is an excellent investment that will return LOTS of buzz and leads (if done right). |