How to Get Free PR for Your Startup—Tips from the Editor-in-Chief of Canada’s TechCrunch. | Douglas Soltys, Editor-in-Chief of Betakit
Sep 12, 2024
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Douglas Soltys, the founder of Betakit Inc. and an experienced figure in media and PR, shares invaluable insights for startups. He emphasizes treating PR as an extension of inbound marketing. Soltys explains how startups can effectively story-tell to attract the right audiences and leverage media profiling to find suitable journalists. He discusses the importance of humanizing brands through origin stories and customer narratives, as well as strategic pitching that mirrors investor approaches. This conversation is a must-listen for founders eager to gain traction through effective media engagement.
Media coverage should not be mistaken for business traction, as real success comes from product quality and effective sales strategies.
Founders must view PR as a subset of inbound marketing, ensuring alignment between media engagement and overall marketing initiatives for optimal success.
Successful storytelling tailored to niche audiences enhances media engagement, allowing startups to share diverse narratives beyond funding and product launches.
Deep dives
Understanding Media Coverage and Business Traction
Media coverage is often mistakenly equated with business traction, a misconception that many founders have. The belief that if a company can just get featured in a well-known publication, significant outcomes like funding or customer acquisition will follow is a common yet flawed perspective. In reality, traction is driven by a compelling product, effective sales strategies, and a solid customer base rather than just media attention. It is essential for founders to recognize that while media coverage can create awareness, it should not be seen as a catch-all solution to business challenges.
The Origin Story of BetaKit
BetaKit, considered the publication of record for Canadian tech startups, has undergone various transformations since its inception in 2012. Originally launched by Sarah Pravet, it evolved after being acquired by Postmedia but faced shutdown due to a lack of profitability. It was re-established in 2013 when Ian Hardy recognized the need for a business tech counterpart to existing media outlets. The publication's journey highlights the trial-and-error nature many startups experience while seeking their own product-market fit.
Changing Mindsets on PR and Marketing
Founders often approach PR and marketing as separate entities, leading to misallocated focus and resources. However, it is crucial to understand that pitching to journalists is a form of inbound marketing, aiming to create engaging content that attracts attention. This perspective should guide how founders allocate their time and strategies between media engagement and other marketing initiatives. By viewing these realms as interconnected, startups can better navigate their overall marketing approach.
Effective Strategies for Media Engagement
Successful media engagement requires founders to approach it with the same rigor as fundraising or other business initiatives. Effective storytelling is vital, and understanding who the target audience is will determine which media channels are most appropriate. Rather than defaulting to major tech publications, companies should consider niche media that aligns with their specific audience, whether that's potential investors, customers, or hires. This tailored approach often results in more meaningful coverage that resonates with the right people.
Leveraging Different Types of Stories
There are numerous narratives that startups can leverage beyond just funding announcements or product launches. Founders should highlight their origin stories, company values, customer experiences, and any transformational moments that shaped their journey. It's essential to recognize that what may seem mundane to founders can be captivating to outsiders, particularly when framed in an engaging manner. This broad array of stories can be utilized across different channels and media types to continually captivate various target audiences.
Douglas has been in media and PR for over two decades. He’s the founder of Betakit Inc and has been running Betakit, Canada’s TechCrunch, for nearly 10 years. He understands what startups need to do to leverage PR, and how PR can help startups hire, fundraise and sell.
On this episode, we get tactical and go deep on exactly when it makes sense to use PR and how founders can get the most from it.
Why you should listen
Why you should treat PR like a subset of inbound marketing
PR is all about telling the right stories to the right audiences
How to conduct media profiling to find the right journalists in the right channels so you can get other people to write about you
Keywords
PR, media strategies, startups, business goals, target audiences, media storytelling, marketing initiatives, traction, leads, stories, funding announcements, product launches, media profiling, channels, audiences, founder, pitch, media, framing, storytelling, target audience, channels, journalists, PR, origin story, company values, thought leadership, customer stories, employee stories
Timestamps: (00:00:00) Intro (00:05:19) The 101 of Media PR (00:06:04) Three Questions (00:08:40) An Operational Lens for Media Engagement (00:12:16) Understanding the Target Audience (00:19:55) Inbound Marketing (00:25:20) A Super Important Caveat (00:29:08) Roam Auto as an Example (00:34:00) The Right Channel (00:36:40) Treating Media Pitching Like Investor Pitching (00:43:04) Be Professionally Interested (00:44:49) Putting a Human Face on Your Company