Augur Unbound at Web Summit

They say it’s bad form to turn up to an occasion empty handed.

So for Web Summit, as well as supporting Lisbon superstars Unbabel, we wanted to bring a little extra with us.

For the first time, we’ll be bringing our Augur Unbound programme to Web Summit.

Free PR

The idea of Augur Unbound is that “unsexy tech” companies pre Series A shouldn’t be wasting their time thinking too much about PR.

And at the same time, our real service for ongoing clients is much more than just emailing news to journalists.

Therefore, if we meet a company that has an interesting story pre Series A, we’ll share it with a handful of the right influencers for free.

And if it’s not a story, we have the perfect incentive to tell you honestly.

Why do we do it?

  • There’s no better source for journalists than a story shared without financial incentive. It sets the precedent for everything we share and helps calibrate our awareness of which stories help.
  • Helping the right companies thrive earlier on benefits the entire ecosystem.
  • Our mission is to re-engineer PR and Comms for fast-growing tech companies. By “giving away” what people think of as part of the main proposition, it helps us concentrate on the areas that really provide value over the longer term.

Why listen to us?

Augur’s founder (or, me, as I like to call myself), has experience in this space and the honesty to dispense it concisely:

  • Worked briefly at Wired and has written about tech and culture for Quartz, TechCrunch, the Guardian, Telegraph, tech.eu and more.
  • Led comms from Series A – C for Tradeshift, a now $750M+ valutation B2B tech giant
  • Ran a community of 3500+ tech journalists and PRs, with members from Apple to the Economist

Who and How?

As you may have noticed, our specialism is “unsexy tech” — think Fintech like GoCardless, Tradeshift or Pleo, omnichannel tech like BookingBug and Birdback, devtech like Pusher and SaaS like Apperio or Glofox.

This is the sweet spot and really the lens for our experience and advice.

If you’re just another consumer app, crowdfunding permutation or (god forbid) a Transferwise ripoff (what’s with those), you might be better off seeking help elsewhere.

If you think you have a story, get in touch and we’ll let you know.

Augur: Desert Island Podcasts

I feel like podcasts can be one of the most convenient ways to stay up to date on what smart people are talking about today.

As a result, a lot of our thinking is informed by this channel, playing to our interest in areas like writing, strategy and modern workflow.

It seemed about time we assembled some of these recommendations for anyone else looking to expand their selection.

Exponent

Ben Thomson and James Allworth host this weekly session discussing the latest news from the tech industry, from what I’d call the “MBA” perspective.

That means considering areas like bundling and unbundling to create value, digging into the real incentives behind decisions made and just generally taking the analysis one step deeper than most other sources I find.

The Talk Show

John Gruber continues his deep look at Apple from Daring Fireball — I think he describes this podcast as a kind of Director’s Commentary to the posts there.

What’s great about Gruber is I can’t think of many other writers who so fully get under the skin and mentality of a business. That can extend a little too far, to the point where he really can’t quite conceive why a company like Google takes a different direction — but that’s fine, because he doesn’t claim to be a journalist, he’s just a guy sharing how he sees the world.

Also a good pick because the podcast has timestamps throughout, letting you jump to the sections you are most interested in.

Startup

Each series has explored slightly different aspects of starting a business. Series 1 was the story of the company that publishes the podcast, it’s attempts to get funding and its eventual success. Series 2 mapped another business in a similar way. Since then, they seem to have moved into shorter series focusing on a wider variety of entrepreneurs.

Recommended for its easy listening tone and its acceptance that the startup world is not at all glamorous.

How I Built This

Like startup but each episode interviews a different founder, and across a broader range of industry.

The Ezra Klein Show

Interviews with thinkers, generally toward media and politics. Ezra seems as interested in process and productivity as we are — and interviews with the writer of Deep Work have provided recent inspiration for improving our workflow.

Longform

If you truly care about how editorial is created and where great writing comes from, this is a masterpiece. It speaks with some of the most influential and prolific writers of modern times, about the challenges of what they do, how they consider and piece together narrative.

Account Executives cranking out press releases, it is not.

Start the Week

A Radio 4 classic, but if you’re not familiar, a kind of magazine show that focuses on a particular topic each week with experts from the area. This is the kind of source that gets us thinking about tribes of “I vs We” in PR.

Page 94: Private Eye

Politics is only ever a small hop from the PR world, and Private Eye continues to balance fearless scrutiny with casual humour as it considers the area. I find it a good reminder that the truth is not as far beneath the surface in society as it can sometimes feel.

Chopper’s Brexit Podcast

I’m desperately trying to get outside my bubble and hear views that conflict with my own. I tried some Breitbart podcasts, but couldn’t bear it after a certain point — by contrast, I feel the Telegraph is just pro-Brexit enough to give me a taste of the other perspective without driving me mad.

It’s a useful reminder of the importance of seeing both sides.

BONUS App recommendation: Overcast.fm

This is my preferred podcast app, created by Marco Arment of Tumblr/ Instapaper fame.

Its SmartSpeed function accelerates a podcast by removing the silence between words, meaning you don’t end up with everyone sounding like chipmunks.

Apparently it has saved me 148 hours, so just excuse me while I decide what to do with all that spare time.

Image credit Gizmodo

There’s no need to define PR — we must do different things.

From Max’s recent piece for Influence, the official publication of the CIPR:

Augur exists to focus on strategic plans and implementation – above all else.

Everything we do is designed, and redesigned toward that priority. For us, it’s a more important core competency than any specific hands on skill or specialism, and that means there are many types of work and projects we choose not to do.

That means, despite the fact I’ve written for all sorts of publications and our team includes members trained by the BBC, we choose not to sell our time writing. Instead, we use that experience to be a great editor, and consider how an editor would generate great material.

That’s the thinking behind Augur Edits – instead of developing ideas that imitate journalists, we brief them and invite ideas they would normally pitch to top tier editors.

Similarly, we don’t believe the future of this industry is in high-pressure ‘sell-ins’ where you claim your value is being able to smash your way into the news agenda and justify every call and ‘did you get my press release?’ Instead, Augur Unbound is a programme by which we will pitch good stories to influencers, for free, from anyone who really needs it.”

Augur Unbound: Fintech PR for Pleo’s UK launch

With Augur Unbound, we pitch great stories, for companies that need it, at no cost.

 The range of new, smart banks are great. Companies like Monzo are turning bank accounts into software. And, if you want to know you’re spending too much on sandwiches, that’s all well and good.

But if you apply the same kind of insight and mechanisms to a virtual payment card for business, you hit something much more interesting.

That’s Pleo.

You create an incredibly easy way for employees to manage expenses. Location, who you’re meeting, receipts can all be managed through notifications and smartphone sensors.

It’s the kind of thing that deserves more attention, right.

That’s what Augur Unbound is for. So we helped the burgeoning Danish fintech star introduce itself to the UK market with a few choice introductions.

They made a splash, they won Pioneers, they’re now hard at work on the next challenge.

It was a pleasure to be part of their journey.

How Augur Works: Pitching vs Planning

We get it. Everyone in our business wants to be Don Draper.

Big pitch day. Stand up, leaf through the cards, standing ovation.

But then reality strikes. You do the kick off meetings and start trying to implement things, only to find that the “big idea” in your strategy isn’t possible for another year (if at all.) Or that the founders’ real passion isn’t “OPPORTUNALISING ENTERPRISE SOLUTION BEST EXCELLENCE”, but something rooted in the reality of their industry and experience.

For a couple of years now, we’ve been trying a different approach to the traditional pitch. And it’s based around a simple question:

How can a company who hasn’t spent any time with you write a realistic plan that reflects your true strength accurately?

So here’s what we do.

Phase 1: Discovery

After gathering a few top line details, we’ll talk on Zoom or Skype. Having written up interviews for places like tech.eu and Wired, we like to think we know how to ask the right questions.

The idea is to really listen carefully, pin down the specifics of the next challenge and determine what we think might conquer it. It often gives you an opportunity to learn more about us and our experience too.

If we don’t think it’s a match, we can help you find someone who is. Remember, Augur is designed for one thing: companies at Series A upwards, in “Unsexy” tech categories, looking for integrated comms against business challenges.

Alternatively, we might suggest we help out with Augur Unbound, our free service to share great stories from younger companies with key media.

Once we have what we need, we’ll start on the Strategic Spec document.

Phase 2: The Strategic Spec

This is a very simple one pager, designed to take the minimum time possible to create a first outline of what we might recommend, based on our previous experience.

It’s a starting point for you to provide feedback, to start the conversation going, instead of disappearing for weeks in Powerpoint with only the occasional question.

It includes:

  • Diagnosis — what is the problem, as we see it?
  • Guiding Strategy — what is our topline mechanism to tackle it?
  • Example Objectives and Key Results — what’s the goal and deliverables?
  • Estimated Timelines & Resourcing — how long will it take, and cost?
  • Next steps

Beat it up, tell us what you love or hate, tell us what you think of our measurement and evaluation suggestions, or how it may need to fit into other plans.

The result is designed to give you an estimate of how the plan might look, at the top level, if we start working together.

It establishes an agreed rough outline, so you know what to expect if you go ahead with the next step: The Planning Project.

Phase 3: The Planning Project

Now this is the big difference.

Augur will come to your office, spend time with you, interview key members of the team and really dig into what makes your company great. It’s about finding what you believe, holding a mirror up to your most talented people, helping identify the insights you may not even quite be aware of.

We try to find the signal in the noise.

Instead of going away and making up ideas by ourselves, we look to your strenths to build our plan. And we work with your team to identify what’s practical and possible for the first phase and further down the line.

We worth together, with just a little of your time, to flesh out the skeleton of assumptions from the Strategic Spec.

We deliver on questions like:

  • What is your pitch and key campaign ideas you will keep coming back to?
  • Who should you be introducing the company to?
  • Do we have a customer pipeline for case studies and other stories?

Once we’re done, the planning document usually looks about a dozen pages long, full of everything you need to hit the ground running.

It literally gets everyone on the same page with what to expect in the first episode of activity.

And it’s yours. In the past, we have actually recommended to one company that they take the Planning document and run with it themselves. Because it is a paid project, we are not incentivised to try and close you on a long programme, just to justify our costs on the pitch.

The resourcing costs for this project tend to be about half the anticipated monthly total we expect to end up at.

We think it makes sense, and our clients agree.

Don has earned a rest.

Augur updates operating system to suit tech scaleup needs

  • Increases specialisation on running strategy and delivery
  • Launching two new services:

The point is: agencies say what they want but while their incentives don’t change, their actions won’t either.

This update refines Augur’s focus further around strategy and iteration in house, while introducing new ways to create value for the tech ecosystem alongside it. A great agency does not try and do all things for all people — and Augur is being designed very intentionally for a specific purpose.

Two example programmes in particular reflect how Augur differs from other PR agencies in its actions, not just words.

Revealing Augur Edits

Augur Edits

In trial with retail tech clients in late 2016, Augur Edits invites freelancers from Retail Week, the FT and more to pitch their best ideas to Augur’s clients. Not PR fluff — but exactly the kind of ideas they are already pitching to traditional editors.

Clients get access to the best editorial, great journalists can place more ideas (with 24 hour payment terms) and Augur manages the back and forth, providing a brief to ensure it is perfectly in sync with the rest of the strategy.

Find out more about Augur Edits.

Announcing Augur Unbound

Augur Unbound

Augur Unbound subverts the idea that PR agencies are a channel to media. Great news stories are easy to pitch — so we will take any good piece of news and pitch it to the most relevant influencers for free.

Clients hire Augur to build and optimise ongoing, channel-agnostic strategies, not to spam journalists. This is about sending a message about exactly what we believe is really valuable, while helping great companies get their message out.

If you agree with what we’re thinking, we’re inviting other agencies to join us in this mission. Contact us here to take part.

Find out more about Augur Unbound.

Following up

This is not the end. It’s the other thing. More to come, to be revealed.


 

How Augur Works

Of all disciplines, you should expect technology PR to change with the times.

Here’s a 10 facts about how we work, and most importantly, the actions we take to deliver a demonstrably different service.

1. ENGINEERED MORE EFFICIENTLY

Modern work can be a mess of information overload, sprawling spreadsheet plans and bureaucracy that slows action to a crawl.

We put everything in one place: Asana. Here, you can see all upcoming tasks, find every document and directly comment or ask questions. And we support it with intelligence channels in Slackand files in Google Drive.

2. MEASUREMENT MADE MEANINGFUL

Ad Value Equivalent, coverage, estimated reach are all pointless if your comms plan doesn’t relate to your sales funnel.

Augur’s measurement process is driven from Google Analytics (or better, if you’re using it). Choose from a measurement menu that asks questions like: “of every visitor last month that became a lead, how many saw content in their journey?”

3. WORKING FACE-TO-FACE

How can an agency accurately represent someone they don’t understand?

By spending time with your team in person every week, we get under the skin of the company faster. So when we tell the world what you think, it’s the truth.

4. OWN YOUR STORY, OR DIE TRYING

You are a newswire. And the opinions section of your vertical target media. And an industry commentator. And an advocate of your customers. And an educator of your users.

If you want to be.

If you want authority, you need to start authoring it. Shuffled press releases behind closed doors pale in comparison to publishing your story on a regular basis anyway and giving the right people an early peek because it’s relevant.

Don’t duplicate and add to the noise. Find your signal and amplify it.

5. AMPLIFY WITH CARE

Embrace the real cadence of your company story. Not every step you take is a moon shot, and that’s okay. A flash in the pan will always appear less natural than consistent, growing fission.

Proper amplification should push more out of a story engine that’s already working independently — not compensate for its absence.

And a word about paid social. If we can directly target the people that journalists used to, in an easily measurable manner and on a basic budget, we’re doing it.

6. EXPERIENCE BEYOND AGENCIES

We have written for Wired, Quartz, The Guardian, Telegraph, Tech.eu and more. We’ve led PR and Comms for a $750m global tech startup from Series A to C. We’ve managed communities of 3000+ tech journalists and PRs, with members from Apple to the Economist, TechCrunch and beyond. Variety of experience spices our advice.

7. RESOURCING ATTENTION

The ‘hours’ agencies sell don’t exist, they are just 8 units of abstract value. That works great if you want to sell a dozen hours of an office junior and moments of the MD.

Augur simplifies this by resourcing teams across 4 units of attention per week. By being less granular, our plans reflect the value we offer across Strategy, Creation and Engagement. You pay for our value, not just our time.

8. UNSEXY IS THE NEW SEXY

How do you persuade a trendy teenager to become an advocate of a fizzy drink brand? Honestly? We can’t see why they should.

But if you ask what a decision-maker or industry commentator has to gain by being aware of the coming wave of change in their sector, that’s something else. Our clients’ technologies help other companies grow. And that shows how good they are at their job.

9. RELATIONSHIPS COME FIRST

Every time a journalist simply copies and pastes a news announcement, the world becomes a worse place. We want key people to question and engage with why you matter, not just trot out easy coverage.

That’s what generates the kind of third party endorsement your team can use to reach new people and drive sales. If you can build understanding, then solid coverage and customers will come.

10. A BETTER PROPOSAL PROCESS

Agencies traditionally try and knock your socks off with grand pitches before they have even spent a day working on your account.

At Augur, we start with a one page strategic spec — our diagnosis, guiding strategy and Objectives and Key Results (OKRs). If we agree this is along the right lines, we kick off a small proposal project, where we interview your leadership, your team, everyone we can get our hands on to help us write a full 6 – 12 month plan.

Makes sense, right?

Get in touch.

How Augur Works

Of all disciplines, you should expect technology PR to change with the times.

Here’s a 10 facts about how we work, and most importantly, the actions we take to deliver a demonstrably different service.

1. ENGINEERED MORE EFFICIENTLY

Modern work can be a mess of information overload, sprawling spreadsheet plans and bureaucracy that slows action to a crawl.

We put everything in one place: Asana. Here, you can see all upcoming tasks, find every document and directly comment or ask questions. And we support it with intelligence channels in Slackand files in Google Drive.

2. MEASUREMENT MADE MEANINGFUL

Ad Value Equivalent, coverage, estimated reach are all pointless if your comms plan doesn’t relate to your sales funnel.

Augur’s measurement process is driven from Google Analytics (or better, if you’re using it). Choose from a measurement menu that asks questions like: “of every visitor last month that became a lead, how many saw content in their journey?”

3. WORKING FACE-TO-FACE

How can an agency accurately represent someone they don’t understand?

By spending time with your team in person every week, we get under the skin of the company faster. So when we tell the world what you think, it’s the truth.

4. OWN YOUR STORY, OR DIE TRYING

You are a newswire. And the opinions section of your vertical target media. And an industry commentator. And an advocate of your customers. And an educator of your users.

If you want to be.

If you want authority, you need to start authoring it. Shuffled press releases behind closed doors pale in comparison to publishing your story on a regular basis anyway and giving the right people an early peek because it’s relevant.

Don’t duplicate and add to the noise. Find your signal and amplify it.

5. AMPLIFY WITH CARE

Embrace the real cadence of your company story. Not every step you take is a moon shot, and that’s okay. A flash in the pan will always appear less natural than consistent, growing fission.

Proper amplification should push more out of a story engine that’s already working independently — not compensate for its absence.

And a word about paid social. If we can directly target the people that journalists used to, in an easily measurable manner and on a basic budget, we’re doing it.

6. EXPERIENCE BEYOND AGENCIES

We have written for Wired, Quartz, The Guardian, Telegraph, Tech.eu and more. We’ve led PR and Comms for a $750m global tech startup from Series A to C. We’ve managed communities of 3000+ tech journalists and PRs, with members from Apple to the Economist, TechCrunch and beyond. Variety of experience spices our advice.

7. RESOURCING ATTENTION

The ‘hours’ agencies sell don’t exist, they are just 8 units of abstract value. That works great if you want to sell a dozen hours of an office junior and moments of the MD.

Augur simplifies this by resourcing teams across 4 units of attention per week. By being less granular, our plans reflect the value we offer across Strategy, Creation and Engagement. You pay for our value, not just our time.

8. UNSEXY IS THE NEW SEXY

How do you persuade a trendy teenager to become an advocate of a fizzy drink brand? Honestly? We can’t see why they should.

But if you ask what a decision-maker or industry commentator has to gain by being aware of the coming wave of change in their sector, that’s something else. Our clients’ technologies help other companies grow. And that shows how good they are at their job.

9. RELATIONSHIPS COME FIRST

Every time a journalist simply copies and pastes a news announcement, the world becomes a worse place. We want key people to question and engage with why you matter, not just trot out easy coverage.

That’s what generates the kind of third party endorsement your team can use to reach new people and drive sales. If you can build understanding, then solid coverage and customers will come.

10. A BETTER PROPOSAL PROCESS

Agencies traditionally try and knock your socks off with grand pitches before they have even spent a day working on your account.

At Augur, we start with a one page strategic spec — our diagnosis, guiding strategy and Objectives and Key Results (OKRs). If we agree this is along the right lines, we kick off a small proposal project, where we interview your leadership, your team, everyone we can get our hands on to help us write a full 6 – 12 month plan.

Makes sense, right?

Get in touch.

GoCardless and Pleo choose Augur for Fintech PR

  • Joining BookingBug and card-linked offers platform Birdback
  • Augur mentoring at Level 39, Barclays Techstars Fintech Accelerator, Notion Capital and more

Money makes the world go round. But often too slowly, inconveniently and on the bank’s terms.

Fintech promises to present a glass of icewater in this hellish landscape. What’s more, London’s history as a financial capital means it is literally made to nurture the greatest fintech companies in the world.

In the consumer world, yes, there are wiser ways to transfer money across borders now. But in the B2B world, that’s where fintech is really rewriting what’s possible.

We know, because in 2016, we made leaps in helping them tell that fintech story.

Win-Tech

With GoCardless, we have been working together since its latest funding round, revealing its unique position to build the first global payments network on debit.

Soon after the initial work, Co-founder and CEO Hiroki Takeuchi said:

“Our first project with Augur was intended to be a one off around an important piece of news. However, the speed and effectiveness with which they advanced key relationships and delivered against our KPIs convinced us to add ongoing PR to the marketing mix.

“We are now working together on a smart, integrated PR strategy that will support the next stage of GoCardless’s growth.”

With Pleo, we helped introduce the product to the UK community, amplifying its launch and its victory at Pioneers.

Co-founder and CEO Jeppe Rindom said:

“Even a great story will flounder without great implementation. Augur helped us refine our pitch for the UK, identify key audiences and kickstart the relationships that will serve us as we grow.”

“Their understanding of what’s important in B2B and Fintech is outstanding in their industry.”

For Augur

2017 is about really showing the world what a PR agency can do when you re-engineer it to better fit for fast-growing technology companies.

Coming next, we will reveal what Augur has been doing to create a PR service that isn’t just different in rhetoric — but demonstrably different in its design. Rethinking the old PR incentives, we are aiming to do what older established agencies can’t (or won’t.)

More to be revealed very soon.

A review from my seat on the PRCA Digital Report launch panel

I was very pleased to recently be asked to sit on a panel at the launch of the PRCA Digital Report. But it quickly became clear that many of the problems keeping big agencies awake at night are simply not things we have to worry about.

I also couldn’t help but agree with a few familiar faces in the audience that there really is no “analogue” and “digital” PR. Often, Digital is just a word used to replace “new”.

It’s a bit like when people use the word “millennial” instead of just saying “young people”.

So, looking at the findings, what’s not new?

Online media. Once new, now ordinary (special mention to “online press release distribution.”)

Blogger outreach. Once new, now ordinary.

Is it really that hard to see things like making videos and continuing to integrate social into strategy seamlessly becoming normal?

All technology is really just a matter of evolution. It’s about enhancement and adaptation — all words that describe starting with something and gradually growing or changing that thing.

The thing about this is, we can expand into these new areas most successfully by using what we have been great at historically.

Look at two of the fastest-growing budget areas: Video and sponsored social.

Who is better suited than PRs to find stories, interviews, customers, great material that can be used for video?

Who is better suited than PRs to help produce short, focused stories and pitch-like snippets to amplify on social — especially then we have often been the genesis of the great owned or earner material being megaphoned?

If you already do case studies, think about how you can record and flip the output of those interviews in a constellation of different ways.

If you already pitch stories to journalists and influencers online, why not interview them back about the wider context for your own blog?

I’m a firm believer that what made us great at “old” PR will continue to make us great at the new.

Stop asking if you can do something digital. Start thinking about how you can do something new.