5 Digital Media Resolutions for 2019
As we close the books on 2018 and begin work on a new year, it's hard not to think about the things we didn’t accomplish last year, or things we could have done differently, especially in our professional capacities. And while many folks are focusing on goals like losing weight, quitting smoking, or learning a new language as their personal resolutions, the team at West Digital Media Solutions thought it would be great to give some thought to some Digital Media resolutions to help you tell your story in 2019.
Measure & Monitor Your Message
This step actually begins by looking at how you communicated in 2018. A comprehensive year-in-review media analysis report can help quantify and qualify what worked (and didn't) in 2018 for you and your competitors in earned media, helping to support your planning, benchmarking, and target-setting for the coming year. Start with a solid understanding of how you did in 2018 in order to build benchmarks and KPIs that will drive improved uptake of your messages in 2019.
Prepare Your Crisis Communications Playbook
Or, perhaps it goes without saying—if you don't have one, make this a priority for Q1! Make sure the members of your crisis SWOT team are ready to spring into action, and that you've got dark assets set up so you can respond quickly if the worst-case scenario becomes a reality. And as you prepare to face potential threats, ensure your media monitoring solution is up to task for spotting red flags and potential threats to your reputation in 2019.
Building your crisis playbook:
- Build the team that includes public relations, marketing, product management, information security, investor relations, internal communications, HR and security
- Map out scenarios, roles and plans
- Maintain a directory and list of succession
- Create templates for holding statements
- Hold drills for scenarios
- Know your influencers and allies
- Prepare your dark website
- Keep the playbook handy and mobile
- Train executives to talk to the media
- Prepare to follow-up and assess
Defining and considering different kinds of crises
When reviewing your playbook and plans, remember that crises come in different shapes and sizes. It’s important to define what would qualify as a crisis to your brand and business.
Not all negative brand mentions or criticisms warrant a full-scale response. Think about severity because an overreaction to potential issues can bring unnecessary attention and make matters worse.
Claims of workplace harassment, product recalls, or corporate impropriety demand a full-scale response. Customer complaints can be diffused if tackled quickly on a one-to-one level. Criticisms of your industry or competitors can impact your reputation if you don’t clearly distance yourself. For public companies, an activist investor response team requires more specialized skill sets to perform vulnerability assessments and work through response scenarios.
Ensure you’re equipped with tools to spot an issue, track conversations, and understand the issue. Social media and online news monitoring tools can help you determine if volumes of negative mentions are above the norm, as well as the reach and engagement of discussion. They can also help you understand if it’s raised by a client or influencers. And ensure you quickly observe and assess the causes of the issue.
Start Thinking About AI and Machine Learning
I know, you might be thinking—I'm in PR, there's no way this is relevant to me! But as we heard during our Client Summit in October, AI is already driving change in PR and is likely to be coming soon to a communications strategy near you. Imagine understanding what really drove that change in your stock, or why this week's press release fell flat—AI has the power to sift through massive amounts of data and provide meaningful insights. So, make sure 2019 is the year you start to dive in to AI & machine learning.
Perform a Social Media Check-Up
Did you set it and forget it? Or are you posting every day but not really measuring the uptake? Avoid these common social missteps in 2019 by kicking off the year with a social media check-up. Evaluate the profiles that are active and consider what works for your audience, and your business as you plan your outreach for the new year.
Understand Reporting Formats: Europe Prepares for iXBRL
If you're in the US, you're already familiar with EDGAR filing and the move to a comparable format for financial reporting. For our European clients, widespread communications and seminars in 2018 started the process to prepare for this big shift, coming into place for January 2020. For the coming year, most listed companies in Europe have iXBRL top of mind and should be thinking about how this will change their quarterly reporting rhythm.
Adopt Best Practices for Your IR Website or Newsroom
If you didn't redesign your investor relations website in 2018, you should consider starting off the year with a review of your site versus industry best practices. Is your design holding up? Is your site mobile-friendly and easy to use? Your vendor should be able to help you answer these questions—ask them for a review of your site and a meeting to discuss their findings to help shape your website strategy for 2019.
These are just a few of things to consider as you make your digital media resolutions for the New Year. What are you planning for 2019? We would love to hear your ideas as you prepare to tell your story in the coming year.
Jeremy Gibbs is co-author of this post. He is Lead Product Manager for the Media Monitoring & Intelligence team at West Digital Media Solutions with 18 years' experience developing and delivering services that help clients track, measure and manage their positioning in earned media.
*This post is part of our January newsletter, CONNECT.