February 2009 Newsletter           
In This Issue
Employee Communications During Down Times
How to Do More PR with Less Budget
VA's Jessica Vollrath Produces Newsletter
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Chocolate Trivia Questions 
With Valentines Day on our minds, what could be more appropriate than chocolate trivia?
Answers can be found below

1. The word "chocolate" was derived from the word "chocolatl" by which ancient tribe(s) that first discovered the cocoa bean?
 
a) The Choctaw tribe of the American Southeast
 
b)The Zulu and Ndebele Tribes of South Africa
 
c) The ancient Incan tribe of Peru
 
d) The ancient Aztec and Mayan tribes of Mexico


2. Switzerland leads the world in chocolate consumption per capita at ___ lbs. per person, per year

a) 22 lbs.
b) 12 lbs.
c) 17 lbs.
d) 30 lbs.

3. Chocolate is good for the heart! It has been shown that the heart-healthy chemicals "flavanoids" found in dark chocolate that is made with at least ___% cocoa can lower one's risk of cardiac disease.


a) 60%
b) 20%
c) 50%
d) 70%

4. Cocoa butter is the product obtained when what is removed from the cocoa bean?


a) The hard-outer shell
b) The natural fat
c) The cocoa powder
d) The evaporated milk

5. Which country leads the world in overall chocolate production

a) Belgium
b) Switzerland
c) The United States
d) Germany
Trivia Answers
1. d)
2. a)
3. a)
4. b)
5. c)
 

 TheVollrathVibe 

Greetings!
 
Happy Valentines Day from all of us at Vollrath Associates!  We hope you are enjoying this month's warmer days!
Employee Communications Are Not a Luxury
During Down Times

Recently, The Wall Street Journal reported that a town-hall meeting planned for employees of the newly conjoined Merrill Lynch and Bank of America had been cancelled.  The article suggested the cancellation was a cost-saving measure, but also questioned the wisdom of the move "in the wake of a shotgun merger."
 
Even for companies in less dramatic circumstances than a mega-merger, there is a lesson here: do not miss opportunities to communicate with the most critical of stakeholder groups - your employees. 
 
One of today's problems is that employee communication efforts frequently get caught up in budget battles.  There is a temptation to let employee-engagement initiatives slide when the job market goes cold, as if staffers will naturally be inclined to stick with their companies, however dissatisfied they are, rather than risk the uncertainty of a new job. 
 
But employees who are merely riding out a recession before launching a job search is the last group of people you want to retain.  Conversely, the cost of recruitment or, worse, the risk of enforced attrition that means you can't rehire to replace a star who suddenly departs, should convince anyone that it is vital to hang on to the standout individuals. 
 
The Journal asked, "How much does a town-hall meeting, even for a company of this size, cost, anyway?"  But cost is not the point, even if it was the reason.  Employees are looking for leadership, candor and vision, not ROI.  With all the digital channels available to us, there is no place or excuse to hide from your own staff.
 
Article by Julia Hood, publishing director of PRWeek, January 12th, 2009 edition of PRWeek 

How To Do More PR with Less Budget

 
The news doesn't stop in difficult economic times.  Fast-changing business conditions often result in non-stop media inquiries that must be answered even as ongoing PR work continues.  However, a relentless focus on bottom-line results during the downturn may serve to demonstrate how PR, among all marketing disciplines, can deliver the most bang for limited budget dollars.  Here are a few tips on how to do more with less in a challenging economy:
 
1. Align PR tactics with business strategies: Focus on PR  
    initiatives that will directly support the business and marketing
    strategies your company has adopted.  Consult the same
    market research used by the advertising team.    
 
2. Focus on revenue-building opportunities: Know what makes
    the phone ring.  Develop lead-generating PR tactics and    
    campaigns that directly keep existing customers happy,
    identify and qualify prospects, and close new sales.
 
3. Use technology to save time for productive work:  It's
    increasingly possible to create much more cost-effective
    virtual events utilizing webinars, podcasts and video instead of
    more expensive and time-consuming live publicity events and
    campaigns.  It is also a great time to leverage all the low-cost
    social networking tools at your disposal, from blogs to
    Facebook to Twitter.
 
 4. Confront the bad news head on: An immediate response to
    bad news is a lot less time-consuming than days spent
    dodging questions. The media will cut you a lot of slack in a
    downturn, especially if you are forthright about the problems
    you face and forthcoming about the solutions you have
    planned, and often this openness will improve your corporate
    reputation in the long run. 
 
Article by Cision, February 2009 PR Recession Survival Tip Sheet #1
 
VA's Jessica Vollrath Produces Co-Branded
BizTimes/BMA Newsletter
 
jazz in the park picture
 
If you have recently subscribed to the new Milwaukee BizTimes - Business Marketing Association (BMA) co-branded newsletter, you may have noticed Vollrath Associates' own account executive, Jessica Vollrath, welcoming you on the front page!  As BMA's Public Relations chair, Jessica has been heavily involved in the creation of this quarterly email newsletter entitled BizTimes Marketing+PR.  Although BizTimes Marketing+PR will join BizTimes' established array of email publications on a variety of topics, what makes this newsletter stand out is its authors.  Articles are written by local BMA members sharing practical advice and expertise on topics within the marketing and communication industry.  Interested in subscribing? Contact the Biz Times at http://www.biztimes.com/members/subscribe/marketingnewsletter .  

 
Quote of the Month
On the Economic Climate: 
 
 
"When you're going through hell,  keep going."
 
~Winston Churchill
 jazz in the park picture  Once again, we wish you a Happy Valentines Day!
   Celebrate with the ones you love!
 
    Sincerely,
 
    Vollrath Associates 
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