Since these challenges are not limited to the AirPR community, we’re kicking off a series highlighting how our customers are leveraging the power of data, analytics, and measurement to amplify their PR and communications strategies.
I started working with Kiva’s Senior Director of Communications, Jason Riggs, almost a year and a half ago. He’s a one-man shop in the sense that he’s responsible for all of Kiva’s earned media efforts; no agency help or PR colleagues to lean on. (Ring a bell, anyone?)
If you’re unfamiliar with Kiva, it’s a peer-to-peer lending platform that connects lenders with low-income entrepreneurs and students from around the world. These borrowers use the money they receive to grow businesses, attend school, switch to clean energy and more.
I know what you’re thinking: It’s every PR professional’s fantasy to share the story of a company with such an admirable, contagious mission. What a dream, right?
In theory, yes. It’s an incredible gig! But Kiva is also a non-profit organization and it has the essence of a scrappy startup in that employees like Jason are responsible for moving the needle without boatloads of team members or a crazy-big budget.
And for a nonprofit whose goals are tied to having a global social impact, landing press is a key way to share those stories with the world so Kiva can rally new lenders and hence lend more.
But that’s enough about how cool Kiva is. Let’s talk numbers, and see how Jason used PRTech and data analytics to rev up his PR efforts without cloning himself.
1. Hip hip hooray for more targeted media outreach.
Thanks to Jason’s data savviness and PR analytics skills, he was able to drive a 175% increase in Kiva lenders through targeted media outreach. This is the opposite of “spray and pray” media outreach. Instead, highly targeted media outreach means pitching only the reporters whose articles produce desirable actions on your website.
An example of this is spending more time pitching journalist Joe Smith because you’ve observed that articles he writes for The Bluebird Times consistently drive whitepaper downloads on your brand’s blog. (Yes, you can get this granular with the help of proper PR analytics!)
2. Manual reporting is the worst, so Jason decided to ditch it.
Another PR challenge Jason faced was streamlining his reporting practices. He used to do this manually, and it gobbled up his time like tots out of Napoleon’s pocket. He now uses Analyst to compile a monthly report showcasing the success of earned media and integrated marketing campaigns to show exactly how PR and marketing efforts work together.
This report includes top-performing earned media, which were identified by reporting metrics that were previously unavailable to Kiva such as social engagement, amplification, new lender signups, and website metrics.
3. Better alignment between media outreach and Kiva’s key business objectives.
Jason was able to see exactly how earned media contributes to every level of Kiva’s new lender conversion funnel, proving the worth of his work. To do this, filtering functions in your PR analytics tools are key since they let you filter out other channels such as email marketing or social promotions and hone in on which business objectives your media relations efforts affected.
I know… I know… It’s easier said than done but it’s doable in the modern PR era as long as you let the data lead the way and know what you’re looking for.
Congratulations to Jason on his impressive PR wins!