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The #PRStudChat Community Discusses Financial Services & Social Media on April 19th

Deirdre Breakenridge

Social media participation in the financial services industry is expected to increase as social networks expand in the coming years. Understanding your business purpose and approach on social media is imperative and financial services companies are investing in their infrastructure, guidelines, and engagement best practices.

Financial 150
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PRCA launches Innovation Forum with Share of Search paper and challenge to the ad industry

Stephen Waddington

An audacious ad in the Weekend Financial Times in January promoted Share of Search as a metric for marketing effectiveness. The ad led to a discussion in my House of Marketing & PR community of practice. The communication and marketing industries are littered with simplified metrics that fail to effectively measure value.

Industry 181
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From Traditional Banking to Fintech: The PR Transition

5W PR

The financial sector is undergoing a seismic shift. Towering brick-and-mortar branches symbolized financial permanence, while friendly tellers fostered a sense of trust. PR efforts reinforced this image, highlighting personalized service, financial expertise, and a commitment to safeguarding customer assets.

Banking 78
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Measuring the Value of Earned Media

Cision

Companies in technically savvy industries are also more likely to value the potential of earned media. Marketers who work in technology, biotech/pharma and financial services also rate earned media has highly effective. Other ideas include: Managing customer communities. Pursuing industry rankings. Encourage testimonials.

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3 Trends for Comms Pros to Watch 1 Month Into 2024

PRSay

Improved measurements prove PR’s business impact. Last year also saw advances in measurement technologies that allow PR pros to tangibly prove their business impact. Evolving measurement capabilities like these pave a path for PR to no longer be seen as solely an awareness-focused tactic, but rather as an essential business function.

Trends 187
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The Role of PR in Transforming Consumer Finance

5W PR

The world of financial services is experiencing a seismic shift. Instead, today’s consumer finance landscape is ripe with innovation, digital engagement, and a spotlight on financial literacy. From intimidation to inclusion For many years, the financial services industry was wrapped in an intricate web of complexity.

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PR industry resilient but COVID-19 leaves significant human cost

Stephen Waddington

It finds an industry getting to grips with structural changes, managing the health impact of COVID-19, and bracing for Brexit. Ingham’s view, informed by the 35,000 members of the PRCA, was that the industry would shrink by as much as a fifth. All around the world, our industry has been hit hard by COVID-19. said Ingham. “I

Industry 146