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The Power of Reactive PR in Finance

27.11.24

The financial world moves at lightning speed. From inflation updates and interest rate hikes to groundbreaking innovations in fintech, the flow of news never stops. For financial institutions, this fast-paced environment offers both opportunities and challenges.

How do you cut through the noise, position your brand as an authority, and ensure you’re part of the conversation on the latest developments? The answer lies in reactive PR.

In today’s hyper-connected world, journalists and media outlets are constantly searching for credible voices to provide insights on breaking stories. Businesses that can respond quickly, with thoughtful and authoritative commentary, stand to gain visibility, trust, and recognition. A robust reactive PR strategy doesn’t just elevate your current relevance; it cements your position as a go-to source for future stories, giving you an edge over your competitors.

But what makes reactive PR such a critical tool in the financial sector? It’s a blend of speed, expertise, and foresight. With financial news spanning everything from market fluctuations to evolving regulations, the ability to offer tailored, impactful insights can make all the difference.

Why Financial Brands Need Speed in PR

Newsworthy insights and rapid responses elevate a brand’s authority. Reacting quickly lets companies position themselves as go-to sources on trending issues – from economic policies to the latest crypto regulation updates.

Quick, insightful commentary doesn’t just capture immediate media attention; it positions a brand as a reliable resource for future stories. This will ensure journalists keep coming to your brand for future pieces and, most importantly, keep them away from competitors

A quick reaction will also demonstrate your brand is on the pulse of emerging trends and discussions, and highlight how your spokespeople are thought leaders when it comes to your sector.

Leveraging Expertise: Speaking with Authority

In finance, every segment – whether investment banking, fintech, or personal finance – requires a tailored approach. Establishing your niche expertise, whether on digital banking or mortgage trends, builds credibility.

Audiences benefit from specialised insights, and organisations become invaluable to journalists and readers looking for depth on a topic.

When pairing this with a Digital PR approach, diving into your niches and specialist interests means you can target keywords around your business and work to boost Google SERPs performance and ultimately get more people discovering your business organically.

Strategising for Rapid Response

Building a strategy for fast response starts with pre-prepared statements on recurring or predictable themes, like quarterly interest rate updates or the big Budget announcements.

By working on establishing clear feedback channels and approval processes, PR teams can provide on-point commentary at the earliest possible moment. Speed matters, and pre-planning shortens response times.

Insight-Driven Contributions: Valuing Quality Over Quantity

Reactive PR is more than chasing trends – it’s about delivering thoughtful insights. Responses that genuinely address the public’s questions or concerns are far more valuable than those chasing every minor news event.

Every quote should add value, offering advice, forecasts, or in-depth explanations that position the organisation as both knowledgeable and helpful.

If you’re reading a comment you’ve prepared and you find yourself repeating the facts that are already out there, take a step away and come back to it after a short break. It’s vital you are adding to conversations to ensure coverage.

Building Media Relationships

Being a consistent source builds credibility with journalists and media outlets. Developing genuine connections with reporters and editors ensures that when big finance stories break, PR teams receive the call for commentary. Journalists often return to trusted, insightful sources, giving organisations frequent opportunities to weigh in on breaking stories.

At Jam, we’re experts in helping financial brands stand out with smart, reactive PR. Our Traditional and Digital PR teams work quickly to craft insightful and authoritative responses that gain media attention and build long-term trust.

From preparing for breaking news to sharing expert opinions and building strong relationships with journalists, we make sure our ever-growing client base are always part of the conversation.

With a mix of clear strategy and focused messaging, we help our financial experts become go-to voices in their field – ready to respond and lead whenever the news moves.

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