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What should I study to become a PR consultant in a PR agency?

03/07/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

To become a PR consultant in a PR agency, you should ideally have a bachelor's or master's degree in public relations, communications, journalism, marketing or a similar field. During your studies you should learn skills such as writing, storytelling, media relations, crisis communication, market research and event management.

It is also important to gain practical experience through internships or jobs in the PR industry to get an understanding of working in an agency and acquire relevant skills and knowledge.

As a PR consultant in a PR agency, it is an advantage if you have a passion for working with people and the ability to develop and maintain relationships with clients, journalists and other stakeholders. Strategic thinking, creativity and a feel for trends and developments in the industry are also important in order to be successful.

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Mission statement: With over 1000 blog posts, how to guides and glossary terms on the way to becoming a market leader?

03/03/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Content is King. At Fischer Data Science, since our founding in 2019, we believe in improving the world of public relations and marketing through smart solutions and facilitating access to impactful tools because: There is no idea that is not worth sharing.

We have set ourselves the goal of removing the high financial hurdles that other providers put in front of their customers and prospects, thus facilitating access to the media and thus the flow of information, in order to also give young or small providers the chance to be published.

With now just under 1,000 contributions in our blog around the topics of PR & public relations, online & offline marketing, sales, tech & programming, optimization and strategies and much more, we have created a free knowledge base that is so far unique in the German-speaking world, which makes it easier for you to achieve your desired goals not only faster, but also with fewer resources.

Whether you are a press department, a PR agency or service provider, or simply want to take your press & public relations into your own hands: The Media & PR Database 2023 will save you costly time and money.

Have fun browsing and implementing!

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Costs for PR - You have to reckon with that

03/03/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's business world, public relations (PR) is an essential part of marketing for companies of all sizes and industries. It's about building and maintaining a positive perception of your company and brand by strengthening relationships with your target audiences through targeted communications. In doing so, the cost of PR is an important factor that every company should consider. In this article, you'll learn what PR costs you should expect.

Agency costs

One of the most common ways to do PR for your company is to work with a PR agency. The agency handles all PR work for your company, including writing press releases, organizing events, and maintaining contact with journalists and other influencers. The cost of a PR agency varies depending on the size of the agency, the type of services and the duration of the collaboration. As a rule, however, you should expect a monthly retainer of between 2,000 and 10,000 euros.

Personnel and training costs

An alternative to working with a PR agency is to create an internal PR team. This team can consist of one or more employees who are responsible for planning and implementing the PR strategy. The cost of an in-house PR team includes employee salaries and benefits, as well as training and development costs to ensure your team has the knowledge and skills necessary to be successful.

Cost of PR tools and technologies

Using PR tools and technologies is an essential part of a successful PR strategy. These tools allow you to plan and measure your PR campaigns, identify and reach your target audiences, and manage your social media presence and online reputation. The cost of these tools and technologies can vary depending on their scope and functionality. However, you should generally expect to pay between $100 and $1,000 per month.

Event and travel costs

Another important component of PR work is events such as conferences, trade shows and networking events. These events provide a great opportunity to network, showcase your brand and spread your PR message. The cost of attending such events often includes admission fees, booth rentals, travel expenses and lodging costs. Exact costs vary depending on the venue and type of event.

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Press relations on a success basis - A good way to get into the press or not?

03/03/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Press relations are an important part of corporate communications and can help raise a company's profile and reputation. One way to get into the press is through success-based press relations. But how does this type of press work and is it really a good way to get in the media?

Press relations on a contingency basis means that a PR agency or PR manager is only paid if they have placed a press report about the company in the media. If no placement is made, there is no cost to the company. At first glance, this sounds like a good way to cut costs and still get media coverage.

But on closer inspection, there are also disadvantages to press relations on a contingency basis. For one thing, PR agencies and PR managers have a financial interest in achieving the highest possible number of placements, since that's the only way they get paid. This can lead them to aim for quick and easy placements rather than building long-term and sustainable press relations.

Second, it is difficult to measure the success of press relations on a performance basis. A successful placement report alone does not guarantee sustained success and long-term attention. It is important that press relations are aligned with the company's goals and include strategic and long-term planning.

Another disadvantage of success-based press relations is that it can often result in more expensive costs than traditional press relations. If a PR manager or agency is only paid when they achieve a placement, the cost of a placement must be higher to offset the labor and cost of an unsuccessful placement.

Overall, press relations on a contingency basis is an option to save costs, but it also comes with disadvantages. However, long-term, sustainable press relations requires strategic planning and should not focus solely on placement success. Companies should carefully consider which type of press relations best fits their goals and resources.

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What is a theme service?

03/02/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A topic service is a service offered by media or PR agencies that helps companies and organizations place editorial content in the media. The topic service offers journalists a comprehensive selection of prepared content and ideas on various topics relevant to the medium's target group.

Typically, a topic service consists of a collection of press releases, background information, expert opinions, graphics, photos and other materials on a specific topic or industry. The content is prepared for journalists and can be integrated directly into their reporting.

A topic service can be an effective way for companies and organizations to showcase their expertise and knowledge in a particular industry and increase visibility in the media. By providing relevant content for journalists, they can achieve positive coverage and strengthen their image as an expert.

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