If you're a startup, it can be exciting to get featured in TechCrunch or The New York Times . And it can be exciting to ink partnership deals with bigger brands. But both PR and partnerships should be strategically aligned with the goals of the company and the objectives of each. At Netflix , our PR team had a dual focus - business press and mainstream press. Each area had its own objectives. For example, getting CEO Reed Hastings featured in The Wall Street Journal might be a way to signal to institutional investors whereas getting on the Today Show (morning) would be about boosting our bona fides as a legitimate company to consumers. Similarly, for partnerships, we pursued alignment and growth. In 2001, when our target market was mainstream early adopters. So we partnered with Best Buy . Among other things, they sold DVD players and DVDs. So the overlap was perfect (btw, they sold our free trial, when a customer converted from fee to paid, Best Buy got a bounty). Just getting coverage isn't enough, it has to be the right coverage to advance your goals. Likewise, just partnering isn't enough, it should align with your offer and advance your goals as well. #marketing #pr #bestbuy #netflix #TheNewYorkTimes #TheWallStreetJournal #Comms #communications #partnerships #startups
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