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Fundamentals
of Public Relations MCM 401
VU
Lesson
10
BUDGETING
IN PR
Overview
In this
lecture we will look at the
most important aspect of
public relations i.e. budgeting. We will
establish
the
need for it and its
important elements. We will
also look at the importance of
photography in Public
relations
and how to use it
effectively without it being
wasteful.
Like
any other plan budgeting is very
important for a PR program and PR
department. Let us discuss what
is
the need for
budgeting?
Why
Budgeting
1.
To
learn what will it cost to
carry out a PR
Program.
2.
Or;
to learn what sort of program can be
carried out for a given sum
of money.
3.
Budgeting
helps in controlling the program
cost.
4.
Budgeting
provides a discipline for both expenditure &
over- expenditure.
5.
After
completion of campaign, results
can be measured against the
budget.
Elements
of a PR Budget.
Elements.
·
Labour.
Includes
salaries. Biggest component.
·
Office
Overheads.
Fixed
costs electricity, rent, insurance
etc.
·
Materials.
Items
like stationery, postage, print,
visual aids, and mobile
exhibitions stands
etc.
·
Expenses.
Out
of pocket expenses, expenses of organizing PR
events e.g. catering,
Public
address system, TV, screens,
video players, chairs, tents
etc.
PR
Budget for a large
organization.
Following
are few of the important expense
headings.
1.
Salaries
2.
Overheads
3.
Depreciations
4.
Insurance
5.
Press receptions
6.
Staff journals
7.
External journals
8.
Slides
9.
Video / CD. ROM
Costs.
10.
News releases
11.
Feature articles
12.
Radio Tapes
13.
TV properties
14.
Printed literature
15.
Sponsorships
16.
Exhibitions
17.
Photography
18.
Vehicles
19.
Stationery
20.
Postage
21.
Telephone, fax, internet
etc.
22.
Traveling
23.
Contingency say 10%
PR
& Photographs
Photographs
play a very important role in PR
activities.
3
Public Relations
Requirements
1.
How to tell a story with
pictures.
2.
The sort of pictures editors
want.
3.
How to work with a
photographer.
6
ways to avoid wasteful distribution of
pictures.
1.
Pictures should be sent to only
those publications who are
likely to print them
2.
Editors may be phoned &
asked if they would like a picture to be
printed with the story.
3.
Pictures can be reproduced on the
news release, & editors invited to
request prints.
4.
If there is a set of pictures then, a
sheet of miniatures can be
sent enabling editors to choose.
28
Fundamentals
of Public Relations MCM 401
VU
5.
At the foot of the release one
can state that pictures
are available.
6.
Color pictures should only be
sent if requested.
Why
Photo Captions?
Without
captions the recipient does not
know:
What
is the picture
about?
Who
sent it?
Who
owns the
copyrights?
PR
Uses Of Photography.
To
build a photographic
library;
To
provide / supply with press
releases;
To
illustrate feature articles;
As
picture stories, sometimes in
sets;
For
window & showroom displays;
For
display in seminars, press
receptions & other
events;
For
display as "blow ups on
exhibitions;
For
illustrating house journals;
For
stills as used in TV studio backgrounds
to speakers or during
news
Bulletins.
How
to produce good pictorial
material!
Presentations
& handshakes.
People
at work.
Human
interest.
Large
objects.
`Busy'
pictures.
Perspectives.
Color
pictures.
Flat
or profile pictures.
Impression
of size.
Name
display.
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