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A start-up Internet Mergers and
Acquisitions (M&A) site sought media placements to grow membership
and increase brand recognition and credibility. A front page, one paragraph
mention in the Wall Street Journal (above the fold) increased traffic
on the site dramatically. One month later, a front page feature in the
Technology section of the Journal - combined with the earlier Journal
mention - resulted, doubling membership. In addition, upon seeing the
Journal feature, an important investor who had been sitting on the fence
sent his check, eventually joining the Board of Directors. Spin-off media
included a CNBC segment and a mention in Business 2.0. Continued placements
have contributed to steady growth in membership and increased interest
from investors. The media relations accomplishments of Carol Page Communications
added to membership value, since members who had made successful deals
were invited to benefit from site publicity by being included or even
featured in press releases and media pitches. Numerous members reported
signing new clients and making new deals as the result of the exposure.
Over 15 million impressions - carefully targeted impressions - were made
at a cost of less than a penny per business target. In terms of significantly
improving the quality, reputation, popularity, and financial strength
of the service, the client's Return on Investment was an astronomical
4000 percent.
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