﻿{"id":2621,"date":"2022-03-25T05:13:00","date_gmt":"2022-03-25T05:13:00","guid":{"rendered":"http:\/\/www.5wpr.com\/new\/?p=2621"},"modified":"2024-05-09T16:47:47","modified_gmt":"2024-05-09T16:47:47","slug":"pr-vs-advertising","status":"publish","type":"post","link":"https:\/\/www.5wpr.com\/new\/pr-vs-advertising\/","title":{"rendered":"PR vs. Advertising: What\u2019s the difference?"},"content":{"rendered":"<p><b>When most people hear about PR and advertising, they assume it\u2019s roughly the same thing.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The reality, in fact, is that there\u2019s a big difference between them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The mistaken belief might arise from the fact that both of them have to do with the information found about a person or brand in the media, making both of them marketing. However, that\u2019s where the similarity ends.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key difference that separates them is that advertising is controlled media.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company creates a campaign and the materials for it before paying the media to share the campaign.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Public relations focuses on a much less controlled, as it creates advertising campaigns and shares the information with media outlets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These often include journalists, bloggers and influencers in the same field. The recipient decides what to do with the information the<\/span><a href=\"https:\/\/www.5wpr.com\/\"> <span style=\"font-weight: 400;\">PR firm<\/span><\/a><span style=\"font-weight: 400;\"> has handed to them.<\/span><\/p>\n<p><b><i>PR is also much cheaper than advertising \u2013 a fraction of the cost.<\/i><\/b><\/p>\n<h2><b>PR is a fraction of the cost of advertising<\/b><\/h2>\n<p><a href=\"https:\/\/ronntorossianfoundation.com\/\"><span style=\"font-weight: 400;\">Ronn Torossian of 5WPR<\/span><\/a><span style=\"font-weight: 400;\"> shares insights into the changing world of PR in his book \u201cFor Immediate Release: Shape Minds, Build Brands, and Deliver Results with Game-Changing Public Relations,\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIBIS World, a media research firm, says PR spending in 2010 was $9.73 billion and forecasts it will increase to $12.82 billion by 2015. The growth is in part due to PR\u2019s ability to participate in a more nimble and flexible way with the new methods by which people consume media, including social media. That sounds promising until you compare it with ad spending, which even after annual declines in recent years is about $210.5 billion a year in the U.S. The PR business is a tiny piece of the pie compared to advertising; there\u2019s no reason why it can\u2019t continue to grow and take advantage of its agility in the marketplace.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Nielsen study commissioned by inPowered regarding the importance of content in the decision-making process of the consumer concluded that PR is roughly 90% more effective than advertising. Expert content increased familiarity 88% more than branded content.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Poper Public Fairs reports that 80% of the decision-makers in businesses prefer articles presented in a series of articles, as opposed to advertising.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Indicating the growth of the PR industry, the Holmes World Report showed that the Top 250 PR firms had made more than $10 billion in fee revenues for the first time, collecting a total of $10.4 billion. That number has grown considerably since then, approaching $19.3 billion in 2019.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To add to that, the Holmes Report also shows that independent firms are on the rise, while publicly held firms have experienced far less growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe growth of independent firms is impressive and beggars the question of whether we\u2019ll see their value overtake publicly held firms,\u201d said ICCO chief executive Francis Ingham. \u201cIt is intriguing to see that publicly-held firms account for around 42% of the overall market, down from 45% last year \u2013 this is perhaps a reflection of the fact that they may have been slightly hamstrung by profit targets to invest as freely in those all-important \u2018non-traditional services\u2019 as the independents.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Findings by The USC Annenberg School for Communication indicate that budget increases are happening nationwide and across the industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They also found that social media has a much higher ROI than legacy media, up to 15% greater at times.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Statista reports that mobile advertising, which has already shown significant growth, is expected to rise even further., surpassing $250 billion in 2019. Other forms of advertising don\u2019t indicate that they\u2019ll experience such a sharp rise.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Guardian reported on research done by YouGov and Deloitte, which again highlighted the power of PR vs. Advertising. According to the report, over half the people responding to the poll said they remember television ads best. However, 86% of the same respondents said they fast-forward through them when they are watching recorded programming.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even as the media landscape changes unrecognizably, there\u2019s still truth to the old saying that advertising is what you pay for while publicity is what you pray for. One way to ensure answered prayers is to get expert help.<\/span><\/p>\n<h2><b>Public Relations vs. Advertising<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">While both advertising and public relations can bring positive awareness to an organization, by definition, public relations is a strategic communication process that builds mutually beneficial relationships between organizations and the public.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Every good PR campaign exists to serve an organization and its stakeholders in a mutually beneficial way. The goal of PR is to develop and maintain favorable relationships with an organization\u2019s stakeholders, who can be anything from customers and investors to employees, suppliers, community members or the media.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">There are many ways for organizations to interact with their target audience; PR is just one of them. In practice, PR can include any number of activities, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Media relations (communicating with journalists and other members of the media)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Crisis management (anticipating and minimizing negative publicity)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Marketing communications (promotions, advertising, create awareness through<\/span> <span style=\"font-weight: 400;\">sales presentations)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Social media monitoring (listening to online conversations about your brand)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issues management (responding to political controversies or activist campaigns and maintaining a positive public image)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Internal communications (communicating with employees)<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>When most people hear about PR and advertising, they assume it\u2019s roughly the same thing.<\/p>\n<p>The reality, in fact, is that there\u2019s a big difference between them.<\/p>\n<p>The mistaken belief might arise &#8230;<\/p>\n","protected":false},"author":13,"featured_media":2624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[319,19],"tags":[50,23,53,206],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>PR vs. Advertising | What&#039;s the Difference? 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