An effective communication or public relation execution plan for a company is required to achieve the fine objectives surrounding the company’s business. Any company, that has a stake in how it is portrayed in the public arena, employs a PR manager or has a dedicated market communication division. Public relation is seen as a function of management in any company. In the given time and age, PR is portrayed as a business process that can be outsourced due to the nature of activities pursued and the frequency of intervals. The multitude of exposure carried by public relation companies enables them to provide for a better approach to achieve the end results.
In a recent internal study, P&G concluded that the return was often better from a PR campaign than from traditional forms of advertising, according to Hans Bender, the firm's manager of external relations. One reason is that in comparison with many other types of marketing, PR is cheap. In P&G's case, it can represent as little as 1% of a brand's marketing budget. That proportion could now rise, says Mr Bender, although he hastens to add that other forms of advertising and marketing would remain important for the company… ”
For further reading, visit -
www.economist.com/business/displayStory.cfm?story_id=5418124
David Davis of www.askdd.com says in his annual predictions for 2005 that -
"… In the past year or so there has been increasing evidence that they are winning major new business because they are offering clients fresh faces, fresh strategic thinking and fresh ideas. This trend will accelerate in the next 12 months… "
For further reading, visit -
www.askdd.com