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The PESO Model is a strategic framework used in marketing and public relations to categorize media into four types: paid, earned, shared, and owned. The model describes the use of different media channels in organizations' marketing approach, and has been widely adopted in the marketing communications industry.
Public relations and marketing have similar tactics but focus on different goals. Here’s why both are crucial for your company.
Public relations often aims to create or obtain coverage for clients for free, also known as earned media, rather than paying for marketing or advertising also known as paid media. However, advertising, especially of the type that focuses on distributing information or core PR messages, is also a part of broader PR activities.
A publicist is someone that carries out publicity, while public relations (PR) is the strategic management function that helps an organization establish and maintain communication with the public. This can be done internally, without the use of popular media. From a marketing perspective, publicity is one component of promotion and marketing.
Media relations involves working with media for the purpose of informing the public of an organization's mission, policies and practices in a positive, consistent and credible manner. It can also entail developing symbiotic relationships with media outlets, journalists, bloggers, and influencers to garner publicity for an organization.
Earned media (or free media) is content relating to a person or organization, which is published by a third party without any form of payment to the publisher. [1] [2] It includes articles by media outlets, interviews with the person or representatives of the organization, or bylined editorials in trade press and other publications.
Public figures use press conferences so often as a way to control the timing and specificity of their messages to the media that press conference facilities have been nicknamed "spin rooms". In public relations and politics, spin is a form of propaganda, achieved through knowingly providing a biased interpretation of an event.
Advertising revenue as a percent of US GDP shows a rise in digital advertising since 1995 at the expense of print media. [1]Digital marketing is the component of marketing that uses the Internet and online-based digital technologies such as desktop computers, mobile phones, and other digital media and platforms to promote products and services.