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Quite simply, once a month, 15-20 editors from
the leading UK engineering magazines get together for a lunch in
London. Representatives from three or four of the companies
they write about on a daily basis can attend too. Before lunch,
the companies get a chance to make a 15 minute presentation on their
current activities. They also get the facility to distribute press
information, and, if required, the chance to have one-to-one discussions
with editors afterwards. Of course, there's also the chance to socialise
over lunch in a relaxed atmosphere. The presenting companies share
the cost of the event, which for 2007 is £1080 each, a fraction
of the cost of hosting a 'press event' individually, with none of
the organisational concerns!
The club was set up by the editors themselves,
and they appointed PR consultant John Fisher of Fisher Marketing to handle the organisation.
There are two main reasons. Firstly, to save time.
All editors receive dozens of invitations to company 'product launch'
press conferences each month, but pressure of work and reducing
staff numbers mean that it is becoming increasingly difficult to
justify a whole day out each time.
Few editors attend more than one or two each month. In fact, we
know that because of falling attendance, many companies no longer organise
press conferences. The First Friday Club is more attractive
to editors as it makes it possible to hear from several companies
in different fields at a single event.
Secondly, we know that some companies avoid holding press conferences
because it can be such an expensive and time consuming exercise.
At the First Friday Club, on the other hand, the expenses are shared
and there's no organisation to be done so it attracts companies
which editors normally never meet face-to-face.
Up to four companies attend each lunch, usually
to present their new products, but sometimes to introduce new management
or to make a business announcement.
The first companies to attend, in 1998, were Erwin Sick (safety
components and sensors), SMC Pneumatics (pneumatic components),
Infranor (drives and controls), Mannesmann Rexroth (automation components)
and Rockwell Automation (control systems). We ensure that presenting
companies are from different fields.
As the venue is fairly intimate, two people can
attend from each presenting company. All you need to do is to prepare
a 15 minute presentation and printed material for distribution afterwards.
A projector screen is available so visual aids may be used, but
as the presentations are reasonably informal, these may be unnecessary.
The Club undertakes all other organisation.
The Club meets on the first Friday of each month (except August and January),
at Ye Olde Cheshire Cheese, Fleet Street, London.
This can vary slightly, depending on the areas
of business of the presenting companies (please tell us if you'd
like certain specialist magazines to be invited), but about 15-20
editors are likely to attend on each occasion. They come from the main titles in
the engineering, design engineering, process engineering, drives,
controls and instrumentation press sectors. Please contact us for
the full list.
Simply call John Fisher on 01959 564987 or e-mail
club@fishermarketing.co.uk
to discuss available dates which Editors are likely to be attending,
and how to make the most of the First Friday Club. We look forward
to hearing from you!
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