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The PR Report
Strategies & Actions
April 2006

Landing A1 of The Times
Of “All the News That’s Fit to Print,” what elevates a technology story to The New York Times’ front page? Corporate Ink has landed 2 front-page features on cyber security in the last 8 months, featuring iDEFENSE and StrikeForce. While editors ultimately decide, reporters advocate for their stories. Like company executives, reporters want to see their names on page A1. Understanding what they need to pitch stories to their bosses gives you a better chance at the prestigious placement – and the business that can arise from it.

Where Tech Fits

The Times’ Page 1 typically leaves room for one or two feature stories daily. This means technology competes with lifestyle, entertainment and a variety of 'soft' news. To pass the front-page litmus test, tech stories require:

  • Financial impact. Quantify the dollars. The more money lost, the stronger your story. Tap third-party experts for compelling data; then support it with a compelling case for how technology helps.


  • Emotional impact. The best stories evoke drama and tension – whether it’s fear, pain, revenge or reconciliation. They focus on people, not widgets and Windows®. Identity theft is the ideal example: Readers relate to victims, demand answers from their banks and retailers, and want solutions.


  • Details. Reporters follow the classic 'show, don’t tell' model, and the more they can show, the more gripping the story.


  • Plain English. Tech companies love their TLAs (three-letter acronyms) and new buzzwords. Sometimes, words outside of everyday conversation are required to tell the story. Yet, the simpler the concept, the more likely The Times is to bump it to Page 1.


  • A sidebar angle. Editors envision how the story will fit on a page, what other news is running that day and what can be added online. Pitching a sidebar – even if it appears in the interior jump – elevates the story and gives vendors more opportunities for coverage. Case in point: StrikeForce Technologies got a 5-minute online interview defining keyloggers in conjunction with a Times front-page article on keylogger-related identity theft.


  • Availability and flexibility. Like any business press story, companies need to be prepared for multiple interviews, last-minute questions, fact- checking and immediate availability. The keylogger story ran on a Monday and required StrikeForce’s CEO and CTO to answer questions on Sunday night.
Front-page stories come together when everything falls into place. While companies can’t control most of what happens in the world overnight, successfully managing the opportunity can make the difference between landing on page A1 or inside the business section. Both are nice. Page 1 is better.
 

Evangelizing a Market
In one year, Open Ratings moved from being one-of- several providers of ‘clean data’ to the industry’s authority on managing supplier risk. The transition was remarkably swift – culminating in Open Ratings’ recent acquisition by Dun & Bradstreet (D&B), already a strategic partner, in March. Of course, planning was underway long before the story became public. The biggest driver was market pressure; Open Ratings’ historic business, providing reliable data about suppliers, was at risk of becoming a commodity. It also targeted a tactical buying audience, rather than the CFOs charged with mitigating corporate risk.

Timing Is Everything

Mitigating risk showed all the signs of becoming a boardroom issue in early 2005. But most companies focused on SOX or catastrophic events, and didn’t yet realize that unexpected shortfalls at a small supplier could bring even the biggest global business to its knees.

That’s the story Open Ratings set out to tell – and the market it intended to own. It was the only company that could consistently and accurately predict supplier performance woes, long before they occurred – giving customers time to get back-up supply lines in place, and help key vendors avoid trouble.

It hit a huge need. A single story in InformationWeek, showcasing an Open Ratings customer, defined ‘best practice’ – and quickly led to several calls from Fortune 1000 companies. Out in the field, competitors were dogged by our coverage, with prospects consistently pulling out articles and news releases, asking these companies what they were doing to get ahead of this critical sector.

Here’s how we helped Open Ratings create the market for supply risk management – and become a de facto leader:

The Briefing Campaign: We invested in relationships, briefing editors and reporters, as the first move in educating the market. We knew stories would follow – and seeded each briefing with a singular story that mapped to their publication. 80 percent of the briefings led to industry-defining trend stories, where Open Ratings was a key player.

Speak Where It Counts: Industry conferences carry real clout. Our mandate was to make Jim Lawton the voice of Risk Management – and a speaker at the three biggest supply chain events. Because we made the issue an industry driver, Lawton was invited to speak at Supply Chain World, National Manufacturing Week and ISM, where vendors almost never appear. We also booked several local round-table events.

Money Talks: We focused on the demons that worry big companies, but that supply chain practitioners didn’t always know how to define. When appropriate, we used ‘bad news’ to make the story crushingly real to the media, who didn’t understand the dimensions, either. Hot topics: A spate of high profile bankruptcies that were directly tied to poor supplier performance.

Analyst Advocates: Sometimes, only one or two industry analysts 'get it.' We invested time and resources to enlist their support and endorsement – and we let them know they were our exclusive partners. We intentionally shared the thought- leadership mantle, and benefited when big reports called the market in our favor.

Three Simple Words: Supply risk management. This tagline is clear, concise and jargon- free. We seized every opportunity to brand it as our own. That’s what the industry calls it, too.

 

In Our Corner
"We've worked with other agencies, and wanted to step up our visibility. An analyst we respect recommended Corporate Ink very highly -- and they proved themselves in the first meeting, with their understanding of our industry, and showing us how PR will tie to our business goals. The team delivered valuable coverage within the first 30 days. I fully expect Corporate Ink to set a new standard for PR inside our company."

—Andrea Soltysiak, VP Marketing, Procuri


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DEMO: The ‘Biz Press’ Event

DEMO – one of the industry’s longest-running big- ticket events – still has the chops to merit the high entry price.

Where else can you find the senior tech writers, editors and columnists from The Wall Street Journal, BusinessWeek, USA Today, Forbes, Infoweek, Newsweek, PC Magazine, PC World, CNET and at least a few broadcast networks all in one place?

Better yet, with a drink in their hand and interested in your product.

Our client, StrikeForce, landed coverage in The New York Times, USAToday, The Washington Post and more than a dozen other outlets as a result of the show – and lined up great relationships for the launch of an upcoming consumer security product.

So – is DEMO for you?

This twice-yearly event is still considered ‘the’ launch pad for new tech products – though it’s less recognized than it was in the 1980s, when the event itself made as much news as the products launched there. It’s still a plum event, because of the unparalleled opportunity for high-caliber business press coverage.

For exhibitors, the $20,000 entry fee is steep enough to merit serious budget discussions. Like most launches, deciding to do it is just the beginning. A major challenge is mastering the main event: a 6- minute live demo on the big stage, with your image projected on two massive screens. Your challenge: demonstrate your product with enough content and flair to stand out from everyone else in your category. (After awhile, the presentations begin to sound alarmingly alike.)

DEMO’s producers get credit for creating a clubby event with a level playing field. This year, 1,500 companies pitched and just 60 or 70 were chosen – an intentional mix of well-funded and bootstrapped start-ups, and a smattering of new offerings by major players. Once in, everyone is considered worthwhile and every booth is similarly small and stark – with minimal giveaways. The agenda showcases the demo sessions, which pull in most of the show’s attendees. The majority then troop right into the big tent, where exhibitors can demo their products one-on-one.

In truth, the media may be the show’s top draw, and DEMO’s organizers protect this franchise tightly. About 75 reporters attended the February event, with a heavy showing from the IT press, as well as the mainstream business media and lesser-known outlets.

A very serious embargo on news prohibits leaking DEMO announcements before the show, though with careful planning, it is possible to score coverage on opening day. The list of attendees is released only at the show, and it’s ‘against the rules’ to pitch reporters expected to attend ahead of time.

This hands-off policy helps preserve the seemingly casual nature of the event itself, along with the outdoor cocktail party, the propensity to bump into people everywhere you turn, and the unfettered jam session. This after-dinner gig is still considered one of the social highlights – though it ends earlier than it used to.

What to Know:

Hot companies can take home a DEMO God award, which is celebratory at the event, but probably not worth much elsewhere. The takeaways from 2006:

  1. Have a great 15-word pitch at the ready: You will meet people everywhere. Be ready to give them your top message, fast.
  2. Know how to break the rules safely: You can get coverage to appear the day of the show, but not before. This helps drive other press to your booth.
  3. Everyone’s blogging: Almost all reporters file news daily from the show; some, especially the tech press, file throughout the day.
  4. Consider hiring a DEMO coach to create a power-packed demo: This is a visual event, and playing to the audience is key. It is very, very different from an analyst or customer presentation. (PowerPoint is off-limits.)
  5. Have a backup way to showcase your product: Demos do crash, and there are no extensions. When your six minutes are over, they’re over.
  6. Work the press, just like you would anywhere else: Identify the people you want to meet. Find them. (They will come over to your booth, especially if you escort them.)
  7. And for your six minutes of fame: Remember you’re playing to the big screen, so the rules of TV apply. Leave the white shirt in your suitcase. Use small gestures. Don’t pace. Consider a prop, if it makes sense. And connect with your audience.
 

Exostar Taps Corporate Ink

Exostar LLC, tapped Corporate Ink to highlight how its secure collaborative network is transforming the Aerospace and Defense industry, by linking the world's leading defense contractors with more than 20,000 suppliers.

Exostar is a joint venture of five of the biggest names in the global defense market: The Boeing Company, BAE Systems, Rolls-Royce, Lockheed Martin and Raytheon.

The win continues to deepen Corporate Ink's portfolio in the security, supply chain and the federal markets, including Guardium, Procuri, SoBran and StrikeForce Technologies.
 


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