Archive for the ‘Business’ Category

Video moves from luxury to necessity

Everyone loves video, especially Google, and especially if it is posted on YouTube.  However, if you are, like most technology companies, unable to justify the expense of a glossy consumer product production but do not want to be perceived as lurking down with the scrappy home videos of teenagers and hobbyists, how can you use it?

Many companies in the B2B sector lament that their product is not very visually appealing or is difficult to convey through this medium.  But this shouldn’t stop you looking at how to utilise video to your advantage.  Dedicated sites, such as electronics-video.com, are springing up to host technology content and mainstream technology news sites are increasingly including links to third party video on their pages.  Search engines, as already mentioned, also track and report video as a matter of course.  This means that there is even more competition to appear on the search page for any given term:  results for web pages, documents, videos, images and maps all vie with each other to be seen ranked on the first page.

Consequently, when a company is planning its search engine optimisation strategy it should consider using as many media as possible. This will help to maximise the opportunities to be found; conversely, not posting video will increasingly exclude companies from sections of search results.

So, having been convinced that video creation is beneficial for your company, what do you do next? First think about what could be of interest to your prospective customers that you can demonstrate – a good starting point here is to consider what you show at exhibitions or in meetings with customers.  A hands-on demonstration of how easy your product is to use will be far more compelling than a written description and you probably have the script and props already prepared; this is your existing sales pitch.  For many, this content will be perfectly satisfactory.  It can be posted on your website on the relevant product pages; included as a link on related press releases and PDF brochures; and submitted to appropriate video sites that allow uploading.

If your product or service is less easy to demonstrate, you (or your marketing communications agency) could look for a newsworthy hook on which to hang your story.  We have previously written about how companies can gain exposure through linking themselves with topical stories.  Few items seem to be as topical as Apple’s products and PA Consulting took the opportunity of the recent iPhone 4 antenna issue to produce a tongue in cheek video that manages to inform, amuse and demonstrate the company’s service expertise all on, what appears to be, a very modest budget.  The message to companies who want to promote themselves to engineers is clear: videos with relevant subject matter and which reveal more than can easily be conveyed with static text and images can be a valuable addition to the marketing arsenal.  If anyone wants slick professionalism, they can rent Avatar.

Don’t mention the World Cup or the Olympics

There’s nothing like a big sporting event to get marketeers excited.  Consumer and B2B brands with big budgets vie with each for the privilege of being the official provider of everything from clothing and equipment to (the somewhat more tenuously linked) beer and confectionery.  Adidas will have invested heavily to place its Jabulani as the official match ball of the 2010 FIFA World Cup; although it may not be relishing the criticism it has been receiving.

With all the media exposure surrounding these sporting circuses, some companies may be tempted to share in the reflected glow.  However, they should be very careful before making what may be considered an explicit link to a ‘protected’ event.  Ambush marketing, which has hit the headlines recently in South Africa, has been dealt with severely by the governing authorities.  And draconian penalties are in store for anyone who strays too far when making an association of their product with the 2012 London Olympics.  For those that may be considering embarking on a sport-themed campaign, the BBC documents the list of words that are taboo for unlicensed marketers.

Lucky 13th tech spot for Pinnacle according to PR Week

Although most of our business come from outside of the UK thanks to our multi-regional capabilities, Pinnacle is proud to announce that PR Week’s latest PR consultancy rankings show that the agency is the UK’s 13th largest technology agency.

Of course the definition of technology for the purposes of the PR Week rankings is very broad – covering  everything from PCs to consumer electronics and lots more in between. It is well known that Pinnacle only deals with technology PR in the electronics, industrial and communications markets rather than broader less technical areas – and none of the agencies who achieved higher rankings this year offer this level of technical focus. As a result, we can confidently claim, once again, to be the largest engineering-orientated technology agency.

And with the strengthening of our industry-focused social media and search engine optimization services and an increased focus on emerging markets we hope to grow the business even more during the next 12 months!

Microsoft gives way to Apple

How does a company remain relevant in its market? Microsoft may just be asking itself this question. A pioneer in computer software, Microsoft is so ubiquitous it was hard to envision the day when the company would be relegated to second-string. But that day has come and Apple has ascended the throne, claiming the title most valuable technology company.

It is due to innovation, solid product offerings and a great communications strategy that Apple has become the giant it is. Has Microsoft put as much effort into refreshing its brand; marketing both the company and its products? Or has it relied on old brand recognition to sell it new offerings?

Either way, the lesson to be learned here is; a company is not static, and the best way to promote the continuing expertise and relevance of your company is by having a solid communications plan mapped out. If you don’t, it might not be too long before you find your company chasing the competition.

Are you one of the 66% with no social media strategy?

So how is new and social media changing the face of public relations? What does the future holds for PR practitioners in an era dominated by the Facebook, Twitter, Digg, Linkedin and other channels? Dynamic Markets, a UK-based independent market research consultancy, set about to find out. And the results are inspiring.

According to the results of this study, experimentation with digital media has been commonplace for 59% of the PR consultants surveyed. Substantial changes have taken place: just under 1 in 10 agencies has created a specialist digital PR company; 1 in 5 has created a specialist division; and 1 in 3 has incorporated facilities to develop video etc.

On the other hand, only 1 in 3 clients have a new media strategy. There is little doubt that the media and PR industries are undergoing a period of profound changes. Are you moving with the times? And perhaps more importantly, is your agency? The full results of the study can be found here: http://bit.ly/alzJMt

If of course you want to know how social media is relevant for engineers then let’s have a chat.

In it to win it: registration deadlines for 2010 Electronics awards

It’s this time of the year again: the awards season is in full swing, with some early deadlines already looming. If you’ve been working hard on an innovative project worthy of recognition by your peers and the electronics community at large, now is the time to shout about it. You will find below a round-up of the main awards up for grabs.  Good luck!

- E-Legacy Awards 2010 by EPD (IML Group); these are usually announced early November. Categories are Medical Advances, Environmental Design, Investment in Education, Contribution to Sustainability, Investment in the Environment, Contribution to Security, Green Manufacturing, and Alternative Energy. Nominations close on the 30th of May 2010, so don’t delay! For more information, simply visit www.epdonthenet.net/awards_nominate.aspx.

- Elektra 2010 Awards, or European Electronics Industry Awards, by Reed Electronics Group. These awards will be announced on 9th December 2010 at the Lancaster London Hotel. This event should attract up to 700 key industry people, making it one of the most high profile end-of-year gathering of senior industry people and executives. New award categories for this year include the following: Contract Manufacturer of the Year, Renewable Energy Design Award, and Environmental Award. For more information, visit www.electronicsweekly.com/events/elektras/.

- British Engineering Excellence Awards 2010 by Findlay Media (publisher of New Electronics & Eureka magazine); these awards will be announced on 14 October 2010. Categories include Design Engineer of the Year, Young Design Engineer of the Year, Consultancy of the Year, Small Company of the Year, Start Up of the Year, Green Product of the Year, New Product of the Year (Mechanical), New Product of the Year (Electronic), as well as the British Engineering Excellence Grand Prix and the Judges’ Special Award. Visit www.beeas.co.uk/ for more information.

- The Engineer Technology + Innovation Awards 2010 by British magazine The Engineer: these awards will be announced on 3rd December 2010 at the Royal Society, in London. There is a high number of categories, including Aerospace, Defence & Security, Energy, Medical & Healthcare, and Environmental Technology; please note the project submitted must involve collaboration with a UK university. The entry submission deadline is 16th July 2010. For more information on these awards, visit www.theengineerawards.co.uk/

- The Innovation in Engineering Awards 2010 by the IET (The Institution of Engineering and Technology); these awards will be announced at a gala dinner on 24 November 2010. Nominations close on 30 June 2010. There are also the IET North West Engineering Innovation Awards 2010, who identify and reward leading innovations in engineering, science and technology from across the region. For more information, visit http://conferences.theiet.org/innovation-awards/index.htm.

- The National Business Awards 2010, including The Santander Small to Medium Sized Business of the Year Award, which is open to all organisations with no more than £25 million turnover in their last financial year. The entry submission deadline is on the 23rd of June 2010. Other key dates are as follows: Finalists to be announced on 28 July 2010. Finalist/Judging Presentations: September – October 2010. The awards ceremony itself will take place on the 9th of November 2010. Visit www.nationalbusinessawards.co.uk/ for more info.

Pinnacle once again Europe’s top electronics technology PR agency

According to PR Week’s 2010 Top 150 PR Consultancy Rankings, Pinnacle Marketing is the UK’s largest technology PR agency for the electronics sector for the third year running.

In a year that saw some of the competition fall out of the Top 150, Pinnacle moved from the 110 slot to number 101 and according to the figures within our niche we are now three times larger than our nearest competitor.  While no similar figures are available across Europe, we firmly believe that this year’s rankings mean Pinnacle Marketing remains the largest specialist electronics PR agency in Europe.

Embracing new media can save the old

The latest State of the Media report, published by the Pew Project for Excellence in Journalism, paints a gloomy picture of the US news media.  Any cheer the online outlets gain by seeing their audiences rise will be outweighed by the fact that, in common with every traditional medium, their advertising revenues fell during 2009.

One interesting statistic from the report is that, from an ongoing analysis of more than one million blogs and social media sites, 80% of the links are to ‘legacy media’ – that is, the traditional news sources.  This means that the shrinking kernel of reporting by regular journalists is fuelling the expanding new media space.  Few stories of note currently begin life within blogs or SM.  It is no surprise that consumers are resistant to paying for news online – there are so many free sources that it has no perceived value.  Of course, this masks the fact that, as the news-generating kernel shrinks further, the diversity of news will decline as well leaving greater volume but ever more dilution of unique content.

Which brings us to the trade and technical media. This has (with a few notable exceptions) been founded on the controlled circulation model, which delivers content free of charge to subscribers who meet the relevant criteria – primarily that they are of interest to advertisers.  As we have said before, technology companies need to support their specialist media in order to maintain a credible, neutral editorial platform for their own news. The good news is that the engineering press can actually benefit from the changes that are happening as long as they embrace new media techniques.

An example of this is EDN Europe, which moved to a fully digital distribution model at the end of 2009.  The digital magazine increasingly features video content – from the editor and contributing companies – and advertisers are being more creative.  Links are displayed in ‘raw’ format so readers can see the type of content they lead to (for example, a datasheet or white paper rather than a company’s home page).  The result is that readers are responding and the publisher is able to provide proof of success immediately.  Consequently, advertisers are returning or supporting the publication for the first time.  At last, magazines can demonstrate their worth directly.  Companies need technical magazines and magazines need technical advertising to survive.  Let’s hope more follows.

Any ideas?

In 1890, Ichisuke Fujioka established Japan’s first manufacturer of incandescent light bulbs. The company, which later became part of Toshiba, went on producing light bulbs, peaking at an annual rate of 78 million in the 1970s and shipping over 4 billion bulbs in total.  Until today, when it stopped.

The reason, of course, is that, along with the rest of the industry, Toshiba is concentrating on more efficient lighting technologies, such as light-emitting diodes (LEDs).  LEDs offer something good for almost everyone: they use less energy so are cheaper to run and result in less carbon being poured into the atmosphere; they enable more flexible and innovative lighting applications; they are more complex than other light sources and require sophisticated control circuitry that technology companies are happy to sell; and, because the specification and integration of LED lighting systems demands electronics skills that are uncommon in traditional lighting equipment vendors, electronic component distributors are able to offer a new range of lighting services.

Although this appears to be an ideal situation there is one group that will suffer from the passing of the incandescent bulb – cartoon animators, who are scratching their heads wondering what Mickey Mouse will do now if he has an idea.

Happy Birthday.com

Twenty five years ago today the first dotcom registration was issued.  It probably wasn’t too hard for a company to stand out on the Internet in 1985 – only six had domains by the end of that year.  However, their addressable audience was so small that both groups could probably have met to discuss business over dinner in a reasonable sized restaurant.

The situation has changed somewhat since then. This interactive map charts the spread of global Internet usage during the decade after 1998. And do you know how many blog posts have been published today alone? (If you haven’t already clicked the link, it’s a lot).

So the restaurant is no longer an option.  If companies want to engage with their potential audiences, they must be active – not just present – online.  And to maximise those audiences they should certainly look closely at their search engine optimisation.  Or be prepared to be submerged by the daily wave of new content.