The Pros and Cons of Press Release Distribution Services
When companies or organizations have significant announcements to share, they often consider using press release distribution services like Business Wire, PR Newswire, or PRWeb. These subscription-based platforms allow PR professionals to disseminate news to thousands of media outlets for a fee, offering a potentially broad reach.
For publicly traded companies, using these services may be a requirement. However, for others, knowing when and why to utilize such services is essential to balance their PR strategy with cost-effectiveness. At Clickmen PR, our experts generally recommend a more personalized approach to media outreach but recognize the scenarios where wire services might prove beneficial. Below, we outline the advantages and disadvantages of press release distribution services.
Pros of Press Release Distribution Services
1. Extensive Reach
Wire services can distribute press releases to nearly 100,000 media outlets in multiple countries. This broad reach ensures that your announcement has the potential to gain visibility on a global scale. Some media outlets may even republish the press release verbatim, ensuring your key messages are delivered as intended.
2. SEO Benefits
Press releases posted through wire services contribute to search engine optimization (SEO). They often appear on search engines, relevant blogs, and news feeds, increasing online visibility. Keywords embedded in the release can trigger automatic reposting on relevant websites, and platforms like Google News and Yahoo News frequently showcase wire-distributed press releases, often ranking them high in search results due to backlinks and company-specific phrases.
3. Suitable for National Campaigns
Newswire distribution is particularly effective for announcements that resonate with a national or global audience. Examples include major campaign launches, mergers and acquisitions, or significant financial developments. These types of stories often garner the attention necessary to make the wire service investment worthwhile.
Cons of Press Release Distribution Services
1. High Cost
The expense of wire services can be prohibitive, particularly for small to mid-sized companies. Spending thousands of dollars on a single press release often fails to justify the return on investment. Even for larger organizations, directing those funds toward personalized outreach efforts may yield better results.
2. Oversaturation of Content
The sheer volume of content distributed via wire services makes it difficult for individual press releases to stand out. Journalists are inundated with news every day, and there’s no guarantee that your release will be read, let alone acted upon.
3. Declining Relevance for Journalists
Many journalists no longer rely on wire services for news ideas or leads. Instead, they prefer direct and personalized communication. A wire-distributed release is unlikely to inspire in-depth coverage or prompt journalists to seek interviews.
4. Limited Longevity
Even when press releases are picked up by media outlets, they often have a short shelf life. Many disappear from websites within a brief period, contributing little to sustained visibility or meaningful coverage.
5. Not Ideal for Targeted Outreach
Wire services are less effective for local news, niche announcements, or targeted audiences. Building relationships with specific journalists or media outlets often produces better results for such stories. For instance, personalized pitches to relevant reporters can generate higher-quality coverage than a broad wire distribution.
Conclusion: Is a Wire Service Worth It?
While press release distribution services offer significant reach and some SEO benefits, they are not always the most effective or cost-efficient option for sharing news. Clickmen PR emphasizes the value of personalized pitching and relationship building with journalists and media outlets. Tailored outreach not only ensures your news reaches the right audience but also fosters enduring, mutually beneficial connections with reporters.
For local or niche announcements, or when budget constraints are a concern, direct engagement with journalists far outperforms wire distribution. Even for large-scale campaigns, integrating personalized efforts alongside a potential wire release often maximizes impact.
If you’re seeking guidance on the best ways to share your story with the media, we’d love to help. Contact Clickmen PR experts today for tailored solutions and expert insights into effective public relations strategies.