ReportWire

Tag: Publicity

  • 4 Tips for Cannabis Brands to Connect with Journalists and Generate Publicity in 2024 – Cannabis Business Executive – Cannabis and Marijuana industry news

    4 Tips for Cannabis Brands to Connect with Journalists and Generate Publicity in 2024 – Cannabis Business Executive – Cannabis and Marijuana industry news

    [ad_1]





    4 Tips for Cannabis Brands to Connect with Journalists and Generate Publicity in 2024 – Cannabis Business Executive – Cannabis and Marijuana industry news






























    skip to Main Content

    [ad_2]

    Susan Gunelius

    Source link

  • Why Companies Are Quiet on Their Sustainability Efforts | Entrepreneur

    Why Companies Are Quiet on Their Sustainability Efforts | Entrepreneur

    [ad_1]

    Not long ago, the world’s biggest companies were making splashy promises to tackle climate change. Even those in the business of selling fossil fuels — like BP and Shell — were vowing to slash their emissions. Amazon named an iconic Seattle sports center “Climate Pledge Arena” so neither hockey nor basketball fans could ignore the company’s promise to zero out its emissions by 2040.

    But the past year has brought a change of pace, with BP, Amazon, and other companies scaling back some of their targets. Amid this shift, another trend has emerged: Some companies are choosing not to publicize their climate goals, a strategy called “greenhushing.”

    “It is really, for us, highly concerning,” said Nadia Kähkönen, global director of communications at South Pole, a Switzerland-based climate consultancy and carbon offset developer. “Now is not the time to stay tight-lipped on how we’re progressing.”

    What is ‘greenhushing?’

    The word is a play on “greenwashing,” a well-established marketing tactic in which companies overstate their environmental credentials. In a way, one has led to the other. Governments are cracking down on greenwashing, and the list of lawsuits over deceptive environmental marketing is growing. It’s not surprising that some companies are reacting to this new landscape with silence, rather than risking a costly court case. But keeping quiet makes it hard to scrutinize what companies are doing, and also makes it more difficult for them to learn from one another’s mistakes.

    Some people anticipated that pouncing on greenwashing would result in companies hiding their good environmental practices. Before “greenhushing,” there was “greenmuting,” coined by a former McDonald’s executive in 2007. “I agree there are dangers associated with environmental marketing, but I actually think many companies are reluctant to talk about their environmental efforts because they are concerned they will only be met with criticism,” wrote Bob Langert, then the vice president of sustainability at McDonald’s, in a blog post in response to a report critiquing the “sins” of greenwashing. Langert argued that this “greenmuting” could impede environmental progress by stifling public discourse.

    Fifteen years later, Langert’s concern appears justified. Nearly a quarter of large companies from around the globe have decided not to publicize their milestones on climate action, according to a report from South Pole last fall. Of course, as the subject was “greenhushing,” the data was collected anonymously — South Pole conducted interviews with sustainability experts at companies in 15 different sectors, including information technology, finance, and health care. That report popularized the term “greenhushing,” which has recently made the rounds at prominent news outlets including the New York Times and the Washington Post. “We definitely brought it into the mainstream,” Kähkönen said.

    An ‘avalanche’ of corporate commitments

    The silence isn’t the result of fewer companies making climate goals. In fact, according to Kähkönen, there was an “avalanche” of corporate commitments last year, along with budget increases for sustainability initiatives as companies realized that reaching net-zero emissions was going to be harder than they thought.

    More and more countries are crafting regulations aimed at countering greenwashing. Companies based in France, one of the few countries that already has an explicit regulation that limits greenwashing, were among the least likely to publicize their climate goals, South Pole found. “Companies may be unsure about how to comply with this legislation and are afraid of being sued: they, therefore, give up talking about their targets altogether,” the report says.

    In the United States, the Federal Trade Commission has begun the process of updating the “Green Guides,” the rules that govern environmental marketing. Clarifying those guidelines could make for stronger legal cases against companies that violate them, but lawyers aren’t waiting around for the FTC. In March, a class-action lawsuit in California alleged that Delta Air Lines had misrepresented itself to customers by claiming to be carbon-neutral in advertisements, when in reality it relied on imperfect carbon offsets.

    That same month, the European Union released a detailed set of rules, called the Green Claims Directive, aimed at reining in false advertising around sustainability. Since each E.U. member state can meet those requirements in their own way, it’s creating an atmosphere of uncertainty for companies, said Austin Whitman, the CEO of Climate Neutral, a nonprofit that evaluates and certifies climate pledges.

    “We really, really, really need a lot more disclosure of all the environmental actions that companies are taking, and we need it to be disclosed regularly and transparently, and we need it to be disclosed quantitatively,” Whitman said. “And companies need to feel like they’re able to disclose in a way that is not going to backfire.” He called for the U.S. Securities and Exchange Commission to speed up the development of a framework that would force companies to disclose emissions data in a standardized way.

    Yet another factor at play could be the result of Republican backlash against “woke investing.” Investment giants like BlackRock and Vanguard have scrubbed references to their climate goals on their websites over the last year, according to a recent report from the Washington Post. But Whitman sees the drama over environmentally-friendly investing as mostly separate from corporate sustainability. “I don’t see it as affecting consumer brands as directly as it does asset managers,” he said.

    Whatever the reasons for greenhushing, it’s not all bad news. The companies that were blasting everyone with misleading information about their climate progress finally have a reason to stop, Whitman said. “They should be worried about litigation, regulation, and consumer pressure, and they should shut up about it.”

    Grist is a nonprofit, independent media organization dedicated to telling stories of climate solutions and a just future. Learn more at Grist.org

    [ad_2]

    Kate Yoder

    Source link

  • Brand Visibility Is the New Currency. Here’s How to Generate It. | Entrepreneur

    Brand Visibility Is the New Currency. Here’s How to Generate It. | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    As the economic climate continues to fluctuate and uncertainty prevails, the only thing startup founders should be doing is ensuring their survival. In a downturn, having solid financials is not enough — you need to be visible. Without effective visibility and publicity, even the most profitable and financially healthy companies may struggle to attract the attention of potential investors.

    In more prosperous times, startups could often capitalize on the market as VCs are flush with capital. However, with funds harder to come by, founders must actively seek ways to create a halo effect, induce FOMO (fear of missing out) and signal they’re a worthy investment.

    Time and time again, visibility has proven to be tied to positive financial outcomes and success. I’ve been asked by many founders how they can generate visibility successfully and quickly, and here are my tips.

    Related: How to Increase Your Visibility Online and Attract More Clients

    Build in public

    Stay connected with your community and consistently update them on your progress. Leverage every single channel in your arsenal (Twitter, LinkedIn, Instagram and TikTok if relevant) to create consistent excitement around revenue traction, noteworthy achievements or milestones and unique insights you’ve gained while building your business. Challenge yourself to post two to three times per week across all channels. Don’t decide between channels — in 2023, you have to execute on all of them. Consistency is key.

    Don’t forget to highlight your team. Investors should be able to see a strong, capable team behind any startup, not only a leader. I most like the combination of seeing practical tips, insights from team building and team celebrations together with transparent metrics that showcase the direction of the business.

    Craft a ‘David vs. Goliath’ narrative

    Who is the incumbent in your industry? Challenging the market leader is a high-reward strategy for generating visibility. By taking a contrarian stance or disagreeing with industry giants, you can get a reaction out of investors and other stakeholders and get them to pay attention. Leverage the power of controversy to differentiate yourself from the competition.

    For example, You.com is an artificial intelligence search engine that’s positioned themselves as taking on Google and Microsoft in the current AI arms race and has gotten a lot of attention as a result of it. Sam Altman’s contrarian tweet on the role of VC generated almost two million views and got the attention of Vinod Khosla, Paul Graham, Alexis Ohanian and others. Elon Musk is marred in controversy every day but the reality is that people care about his actions.

    Work with unexpected niche influencers

    Rather than relying on traditional paid campaigns, which can be expensive and often have limited impact, partner with emerging artists and niche influencers to create more creative and engaging content. Louis Vuitton is a stellar example — its recent collaboration with artist Yayoi Kusama was wildly successful as much as it was unexpected, marrying the fashion house’s iconic LV logo with Kusama’s signature bright polka dots. It was worn by celebrities and enabled both brands to tap into new audiences. I’m surprised tech brands aren’t doing similar collaborations.

    My advice is to find emerging artists and creatives that are relevant to your niche. Work with them on a campaign or co-host events, dinners and other experiences to showcase your company in an engaging way. I recommend that most campaigns combine a strong collaboration with surprising but relevant influencers together with a top media outlet writing an exclusive.

    Related: How to Skyrocket Your Business to the Top With Thought Leadership and Visibility

    Focus on educating consumers

    When you help consumers become smarter, they’ll never forget it. Helping your customers learn and grow will help you create a loyal community that organically spreads the word about your company on social media. Provide educational resources, host workshops and create interactive experiences.

    For example, Skye, a leadership coaching marketplace, recently hosted their Limitless Summit; speakers included the CEO of Myers Briggs, CEO of Handshake, Meta’s director of global L&D, VCs and executive coaches who did workshops on navigating conflict, cultivating culture at scale, the physiology of brain health and wellbeing, building transformational companies and more. By educating consumers and thereby building a meaningful community with high stickiness, this has helped the company attract investors who are not only looking for financial returns but also to support companies that are making a positive impact in the world.

    Dress to impress — Go for an unexpected design

    Go for an unexpected design when it comes to external-facing materials, whether it’s your website, pitch deck, marketing collateral, social media posts and others. Specifically for investors, your pitch deck is often the first point of contact. Alongside a fantastic team and promising traction, a visually striking and creatively designed deck and website are sometimes the deciding factors on whether I take a meeting.

    Consider incorporating bold colors, interactive elements and intuitive navigation to create an engaging user experience that reflects your brand’s personality. Remember, in a downturn, standing out is crucial and an unexpected design can be the catalyst that draws investors and customers in.

    Related: 7 Shortcuts to Build Early Visibility For Your Brand

    Get out of your bubble

    Host events and invite people from unexpected diverse backgrounds to participate in captivating discussions. By inviting speakers and attendees who may not typically be part of your industry or network, unexpected magic can happen. It’s not as hard as you’d think: imagine bringing together artists, scientists, actors, photographers and lawyers all together at the table with technologists for a dynamic exchange of ideas and cross-pollination of knowledge. This can lead to new opportunities for collaboration and growth and, most importantly, for inspiration and insights that you’ll be remembered for.

    [ad_2]

    Masha Bucher

    Source link

  • ‘Greenhushing’ Will Be a Big Eco-Trend in 2023. What Is It?

    ‘Greenhushing’ Will Be a Big Eco-Trend in 2023. What Is It?

    [ad_1]

    In the beginning, there was greenwashing, and it was bad.

    Companies made bold claims about being environmentally conscious for marketing purposes, but they weren’t making any serious sustainability efforts.

    But some experts say greenwashing has given way to another disturbing corporate sustainability trend — greenhushing.

    What is greenhushing?

    Greenhushing is when a company doesn’t publicize its environmental accomplishments. Unlike greenwashing, in which companies exaggerate their sustainable policies, greenhushers are hush-hush about sustainability policies even existing.

    A 2022 report by climate consultancy South Pole found that of the 1200 private companies they surveyed that are considered global climate leaders, nearly a quarter did not publicize their eco achievements and milestones.

    Most analysts agree greenhushing is happening more often than ever before. But there is some debate over why.

    Nicola Stopps, CEO of consultancy company Simply Sustainable, believes it is due to fear of bad press.

    “Because of social media and the speed of news, these days [a company’s] reputation can be impacted dramatically very quickly,” Stopps told Raconteur. “The public and stakeholders are definitely becoming more educated and aware and savvy… companies need to take this a lot more seriously.”

    In recent years, companies such as McDonald’s and Volkswagen were raked over the coals by the media for greenwashing their sustainable policies. These companies would rather remain silent about the environment than incur the wrath of environmental watchdogs, Stopps says.

    Renat Heuberger, the CEO of South Pole, agrees, but in South Pole’s annual report, he asks: “Could the…growing threat of lawsuits be deterring companies who are voluntarily setting targets from being more open?”

    South Pole’s report points to other possible motivations for greenhushing, including that companies are unsure they have what it takes to meet their goals so they don’t want to talk about them or that companies lack the technical skills and confidence to talk about complex climate efforts.

    Related: 4 Reasons Sustainability Will Benefit Your Business and Satisfy The Growing Trend of Green-Hungry Customers

    Net zero goals, but nobody’s talking about them

    If there is any silver lining for corporate sustainability in 2023, it’s that most companies have net-zero policies. According to the South Pole survey, 72% of all respondents said they had set a science-based-target (SBT) towards corporate sustainability, climate, or greenhouse gas (GHG) emissions reduction.

    “Long gone are the days when announcing a corporate net zero emissions target was exceptional. Today it is expected,”

    wrote Heuberger.

    In 2023, you can also expect that many companies won’t publicly discuss their SBT.

    [ad_2]

    Jonathan Small

    Source link

  • 3 Ways to Tell Your Business Is Ready to Invest in PR

    3 Ways to Tell Your Business Is Ready to Invest in PR

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    It happens all the time in the entrepreneurial world: A team builds an impressive product or service, rigorously test it to make sure it functions well and then they launch it. When a few weeks go by and new business leads aren’t what they expected, there’s a collective lightbulb moment: We need some PR.

    If you’ve found yourself in a similar spot, have no fear. You’re certainly not alone. Over the years, I’ve taken what seems like countless calls from business leaders trying to drum up inbounds by getting into public relations post-launch. Sometimes the business in question is only a few months old, while other times the open sign has been hanging on the door for years.

    I always preach that a PR strategy should be built out well before a business’s launch date. If you’re trying to retroactively ignite media interest, starting a public relations program is less about how long it’s been since the business was founded and more about how your business is currently functioning.

    If you’re thinking about taking the PR plunge, here are three ways to know you — and your business — are ready.

    Related: Is Your Startup Ready for PR? Here’s How to Know for Sure.

    1. You have financial resources to invest in the PR long game

    One of the surest ways to end up being frustrated with a PR program is to look at it solely as a revenue generator. Yes, public relations can help drive business leads, but it inherently is not part of the click-click-buy world. Try tracking the specific dollar value of landing a news article. Actually, don’t. Why? Because you can’t. The same goes for speaking engagements, awards and almost every other PR deliverable.

    If your business is cash-starved and you’re in a place where you have to tie every dollar spent to a measurable ROI, hold off on PR. Chances are slim that PR will deliver a sustained and attributable line of revenue. However, if you’re in a place where you’ve got relatively dependable recurring revenue coming in, and you appreciate how investing in things like a halo effect and thought leadership can bolster your organization over the long haul, then you are in a much better position to financially invest in a public relations strategy.

    Related: 4 Tips to Launch Your First Effective PR Campaign

    2. You’re willing to continuously nurture a PR strategy

    While my previous point revolves around monetary resources, this one is geared more toward the resources of time and attention. Many people look at PR as one-off splashes — usually in the form of press releases — and fail to appreciate the many ways sustained public relations efforts can deliver wins for their business. If you’re in the market for someone to simply write and distribute sporadic press releases for you, by all means, that’s better than nothing. But it’s just the tip of the PR iceberg.

    Without fail, the most successful clients I work with — yes, measured by revenue growth — are the ones that continuously cultivate a proactive public relations program. Am I saying PR is the most important factor leading to their business success? No. But it is a consequential element contributing to the good standing of the organization. As you think about public relations, I challenge you to refute the big splash worldview. Instead, draw the lens back and think of how public relations can be aligned with all your efforts over the long haul, enabling you to reach your business objectives.

    Related: What Startups Should Do Differently When It Comes to PR

    3. You know your audience

    Not every time, but many times the folks who only want a big splash out of PR are the same people who aren’t quite sure who their target audience should be. This is problematic for loads of reasons. In the best of the worst-case scenarios, you’ll be fishing where you’ll get no bites. Again, that’s the most preferable bad outcome. It can get much worse. I’ve seen organizations invest in a communications strategy resulting in a deluge of bad leads. They not only invested money, time and energy into a flawed strategy, but also had to allocate resources to sorting through a mountain of bad leads.

    One of the foundational rules of PR is to know who your audience is. Once you know that, you can figure out where their attention is placed — I like to say, where their eyeballs are. If you’ve got a solid handle on those two things, then you can build and execute a plan to get in front of them (and influence them) with the most appropriate form of messaging.

    Related: The Much-Anticipated ‘Great Recession of 2023’ Is Coming. Here’s How To Leverage PR During Economic Uncertainty

    It’s never too late to invest in PR, but it still needs to be the right time

    I’d bet the majority of businesses investing in public relations today didn’t have a PR strategy in place at launch. If you didn’t either, that is perfectly okay. Consider whether you’re ready to think through the above items. If you’ve got each of them adequately addressed, you can feel confident that your business is in a spot to move forward with PR.

    [ad_2]

    David Martin

    Source link