What “Earned” Analyst Relations Can Do For You

Mar 7, 2023

Many PR and marketing professionals hold the mistaken belief that analyst briefings are pointless unless their company has a paid subscription with the analyst firm. Analyst relations are frequently one of the first items marketers seek to remove from our PR proposals.

We firmly believe it is worthwhile for your organization to conduct an “earned” briefing, similar to the earned opportunities your PR team is actively seeking from the media. This is true even if your organization does not have a paid relationship with an analyst firm. Analysts are typically flexible when it comes to scheduling calls or even in-person briefings, provided the privilege of an earned briefing is not misused. Nonetheless, make sure you have something significant to say, and that you are ready for challenging inquiries regarding the strategy, target markets, clients, and even the financials of your firm.

Executives looking to make significant buying decisions about healthcare technology solutions often rely on analyst recommendations. Several companies rely on the rankings of a well-known analyst firm and send their RFPs only to the top 5 vendors on those lists. It is critically important that your organization is included among vendor recommendations when your prospects check in with analysts.

Yes, you’ll probably have to take a sales call along with the briefing. But the intrinsic, long-lasting value of getting in front of key analysts who decide to make the lineup for recommendations makes that 30 extra minutes listening to a sales spiel about their services and events well-worth the effort. Plus, the media often turns to analysts for expert insights. While analysts usually don’t reference specific vendors in their quotes, you do want them to be aware of your positioning so that when they are quoted in the media, your organization’s vision is helping to shape the thinking behind their comments.

Which are the key analyst firms you should consider targeting for “earned” briefings? In general, the most well-known firms are GartnerAdvisory BoardIDCForresterFrost & Sullivan, KLASChilmarkS&P Global and Signify Research. There are analysts, such as Mike Feibus of FeibusTech, who also write articles for media outlets.

Regular briefings with the pertinent analysts at these firms should be a part of your analyst relations strategy. Several of them regularly attend health tech conferences such as HIMSS, ViVE and HLTH. Your PR team should be making sure you connect with them in person during the show. The meet-and-greet at these shows should lead to a full briefing via Zoom a few weeks after the show.

If there is no opportunity to meet in person, visit the analyst firm’s website to view a list of the reports they intend to release throughout the course of the year. Create a briefing schedule based on these reports and then complete an online form requesting a briefing with the pertinent analyst.

So, you got the briefing booked. Now what? Be sure to read “Analyst Briefings Best Practices” for recommendations to help you prepare, including who should attend the meeting, what slide content to include and how many slides you need, practicing your presentation, and more.