Is a press release service worth it nowadays? Do people want it? Is it really useful? Is it worth it…
T
Toñi Rodriguez
2 years ago
Is a press release service worth it nowadays? Do people want it? Is it really useful? Is it worth the price? Will it be profitable for our clients?
We cannot remain still. We want to continue innovating and improving in processes, communication, and in the products and services we offer. That’s why we ask ourselves these questions when the possibility of selling press releases came up. We don’t want to offer something that isn’t sufficiently profitable.
To this end, we have created this revealing case study compiling all the information detailed below.
We requested collaboration through Unancor's X (Twitter) account with a small one-minute survey.
Additionally, we asked different media outlets about the prices and conditions they offer for press releases.
Now we have compiled all the data, and in this text, we will share all the results with you.
Get ready for the best case study on press releases!
Table of contents
Case study on press releases
We have recorded the entire process of this case study on video. Our colleagues María González and Ignacio García tell you about it in this Unaversity.
If you prefer to know all the details, data, and conclusions, keep reading.
We divided our market study into two parts:
Research work to understand the service conditions.
Study the needs and current use of the potential consumer of this service.
That is, we wanted to better understand the supply and demand to make decisions.
We got to work creating a brief anonymous survey for our case study on press releases. We promoted it on X, and these are the questions and answers from the research:
What do you usually use press releases for?
SEO
Branding
Promotion (event, product, service)
I do not use them
Other:
This is the first question of the survey from our case study on press releases, to which the respondents answered:
Out of 54 responses, 38.9% (21 respondents) use them for SEO.
Followed by 20.4% (11 respondents) who do not use them.
18.5% (10 respondents) for branding.
And 18.5% (10 respondents) for promotion of an event, product or service.
Finally, a minimal part uses them for local SEO and actions of PR and corporate communication.
How often do you hire them?
Every month
When launching a new project, product, or service
I have done it, but not anymore
I do not hire them
Other:
The data from the second question are as follows:
Out of 54 respondents, 38.9% (21 respondents) answered that they do not hire them.
33.3% (18 people) answered that they do hire press releases when launching a project, product, or service.
11.1% (6 people) used to use them but no longer do.
And 9.3% (5 people) hire them every month.
The rest use press releases for an NGO and do not pay, and others use them occasionally.
How much do you usually spend on press releases per project?
Between 100 and 500€
Between 500 and 2000€
More than 2000€
Other:
To this question from our case study on press releases, the responses were:
57.4% (31 people) said between 100€ and 500€.
5.6% (3 people) responded between 500€ and 2000€.
And 16.7% (9 people) zero.
The remaining respondents spend little, nothing, zero euros, only sending really newsworthy topics
Do you think it has been a good investment?
Yes
No
To the question: Do you think it has been a good investment? 35 people answered yes and 19 people answered no.
How do you usually work with press releases?
I hire packages in services or platforms
I use a communication or PR agency
I send to my own contacts
I buy unique articles in the press
Other:
The last question of our case study on press releases reveals that:
Out of 54 respondents, 37% (20 people) hire packages on platforms.
20.4% (11 people) send to their own contacts.
11.1% (6 people) use a communication agency.
And 9.3% (5 respondents) buy unique articles in the press.
The rest respond: they do not use them, they do not work with them.
How do you see press releases currently? Do you want to comment on anything else?
This final reflection was answered by 26 people out of a total of 54 surveyed.
I believe they are essential for services like local SEO.
They work especially well for addressing the popularity factor of the Google Maps algorithm.
If at the end of a press appearance, we can show how that action has impacted client communication or reputation, great… if not, it is something doomed to fail.
Depending on the client or service, they may or may not be valid.🤪
I see it as a waste of time, especially with the latest GDPR requirements, although they keep coming in droves… and some may resonateif done well.
I usually write them myself because I have a background in journalism. When I have hired them, I haven't noticed a significant impact on the sale of products or services, perhaps because I haven't known how to select the right media, but those that reach thousands of readers have an excessive price for the current operation of my business.
If they are for promoting something, they can be useful. If it's for SEO, they are not useful.
I find it hard to believe they are useful for generating leads.
I think users confuse them with other PR tools and therefore do not extract all the potential. In my experience, the problem is not creating them but distributing them to the media and having them taken into consideration.
From my point of view they do not work, I have hired them at places like Oniad and for SEO, they are not worth it. I repeat, this is my opinion. Regards. Carlos.
It doesn't matter how relevant a news item may be, the current publication criterion is through payment; if you don't pay, they won't publish anything.
It's throwing money away unless it's in an important newspaper.
As I have always seen them. A way to get a specific topic to the media, hoping that some will echo it.
Without a PR campaign, they are useless.
More economical for those starting out, perhaps sites with not so high DR but that help generate the necessary trust.
For the NGO, it is very useful.
They are overrated and misused. Their function has been distorted, and mass sending makes them no longer relevant or interesting to read. When everyone wants something and it is within everyone's reach, it loses the value it might have had at the beginning. Furthermore, I don't believe that content published identically 100 times is useful for SEO. I prefer to control what is published about me or my brand (or my clients') and that each text is unique and addresses a search intent, not just to appear for the sake of appearing.
I believe they are not useful for the short term, although if done well, they could help with SEO in the long term.
Send different ones according to the medium. Always adapt to the target medium.
An essential tool for generating branding and positioning against the competition in the minds of consumers and potential consumers.
My audience does not read the press, at least not the one I want to attract.
I think they are working worse and worse, but because the press sector (in my opinion) is quite discredited. Nevertheless, I believe it is a quick and effective option to improve the SEO of a new project and give it an initial punch of relevance.
I don't think they work as well as before and even less so if you repeat the service more than once.
I would like to publish more again, but since my role is more SEO and less generalist in marketing, it is no longer happening.
Very poor writing if you hire packages. Therefore, if you use platforms, in general, it's better to write it yourself and have the platforms distribute it for you. Hiring an agency is a very high cost, and when we have tried it, it does not justify its price.
As you can see, the average of the 26 people who shared their reflections agrees that press releases:
Do not work for SEO, have an excessive price in relation to the impact they cause, and unless they have a PR campaign behind them, they are useless.
We leave you the link and continue gathering information for our case study on press releases.
We also conducted research on prices, with various media outlets that sell press releases.
These are the responses we obtained:
Almost all media outlets offer a fixed monthly fee for their clients.
The price of an individual press release is similar to that of a sponsored article.
On the other hand, they offer another package option for press releases. For example, if they hire 20 press releases, it will cost them less than if they hired just one.
The surveyed media outlets claim that prices vary if they have to write the press release themselves or if the client provides it written and ready to publish. (more economical if the client has it ready).
The price also varies according to the theme of the medium, meaning that some media may charge more for publishing press releases in specific thematic areas and targeted audiences. Depending on the theme, the reach and visibility will also vary.
The included links must be no follow, and in some cases, the allowed quantity is limited.
Although some media offer metrics at the end of the press release campaign, they do not guarantee a minimum number of impressions.
Analyzing these responses, we concluded that the price of press releases varies according to the theme, writing of the release, and quantity hired.
Additionally, the lack of guaranteed impressions does not help when deciding whether to hire a press release or not.
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After researching various media and the survey, we analyzed all the data and…
We concluded that press releasesare no longer used in projects or events as much as before since they do not generate the desired impact or expected results.
Since press release directories are untraceable.
The texts are short and poorly written and lack appeal.
There are many platforms that offer the sale of sponsored posts, but if you want a quality service, check out Unancor's website.
Our Affinity tool allows you to analyze your website and find related media and blog proposals for your project, so you don't waste your time or money.
Get links from relevant national, international, local, and thematic media, according to your strategy and campaign.
Unancor improves the online visibility of your business and enhances online authority and reputation.
Additionally, you can always request a personalized proposal, where a SEO professional will accompany you throughout the process: from project analysis to anchor text selection. You can have a specialist on your team without having to hire.
Lastly, you can send the articles yourself, or if you prefer, ask our team of specialized writers to do it.
Based on all the data obtained in our case study; we have decided not to offer press releases.
Are we doing well? Are we doing wrong? What do you think of the study? Do you want to contribute something…?
Your opinion matters to us, so we appreciate your feedback. We look forward to your comments!
Thank you very much to all the respondents and media who made the effort and shared their experience with us!