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How do I get media coverage?

03/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Getting media coverage can be a challenge, but there are some steps you can take to increase your chances:

Create a list of relevant media: create a list of media outlets that are relevant to your company or brand, such as newspapers, magazines, online media, blogs, radio and TV stations.

Find the right contact: find the right contact in each media organization, such as the editor or journalist responsible for the topic you want to talk about.

Create a press release: write a press release about your company or brand and send it to relevant media outlets. Make sure your press release includes all the important information, such as your company's history, current events or product news.

Provide an interesting angle: Try to provide an interesting angle or a special story that might be of interest to media organizations. For example, a local newspaper article could feature a company that is doing a lot of good in the community.

Be an expert: Offer yourself as an expert in your field and offer your opinion on current events or trends. Journalists often look for expert opinions to back up their stories.

Cultivate relationships: Cultivate relationships with journalists and media organizations by sending them regular updates about your company or brand. Make sure you are not too pushy, but keep in touch at appropriate intervals.

Use social media: Use social media to spread the word about your brand and attract the attention of journalists. Post relevant content and share articles that are relevant to your business.

By taking these steps and communicating your message effectively, you can increase your chances of getting your brand or company covered by the media.

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What is WordPress?

03/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

WordPress is an open source software used to create and manage websites. It is one of the most popular content management systems (CMS) in the world and is used by many companies, organizations and individuals.

WordPress allows users to create and manage websites quickly and easily without the need for programming skills. It offers a variety of features and plugins that allow users to customize websites to suit their needs. WordPress also supports a variety of content types, including text, images, audio, and video.

Additionally, there are thousands of free and paid WordPress themes (templates) that allow users to quickly and easily design and customize their website. There is also a large community of WordPress developers and users who actively participate in WordPress development and provide support in forums and other online communities.

WordPress is known for its ease of use, flexibility and scalability. It can be used for a variety of websites, including blogs, portfolio websites, e-commerce websites, and corporate websites.

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Press release headline - How to create an interesting and meaningful headline that will be read

03/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The headline of your press release is the first impression readers and journalists get of your message. Therefore, it is important that the headline is meaningful, interesting and informative. Here are some steps to help you create a successful headline:

Keep the headline short and concise.

Your headline should not be too long to keep the reader interested. Try to keep the headline to a maximum of 10-15 words.

Use strong verbs and adjectives.

Use words that grab the reader's attention and emphasize the message of your press release. Avoid vague or generic words such as "new" or "improved."

Focus on benefits.

Make sure your headline emphasizes the benefits or added value of your message. Think about what question readers might have that your message answers and use that as a starting point for your headline.

Avoid clickbait.

Although it can be tempting to create a headline that is sensationalistic or clickbait-like, this can lead to credibility issues. Use an honest and concise headline that naturally piques the reader's interest.

Get to the heart of the key message.

Make sure your headline gets to the heart of the most important information in your message. If it's news, focus on the most important message. If it's about an event, highlight the date and location.

Use keywords.

Think about what words your target audience would likely use to search for information related to your message. Use these keywords in your headline to ensure your press release is visible to the right audience.

In summary, it is important that your headline is concise, interesting, informative, and gets to the heart of your message. By following the tips above, you can create a successful headline that will pique the interest of your target audience and ensure that your message is read.

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Business Management Analysis (BWA) - This must be included

03/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A business management analysis (BWA) is an important report that provides information about a company's financial position. Here are some important elements that should be included in a BWA:

Sales: the company's sales should be broken down by the different business units or products.

Costs: All costs related to the operation of the company should be recorded. These include, in particular, material costs, personnel costs, rental costs and other operating expenses.

Profits: The gross and net profits of the company should be shown.

Liquidity: The BWA should show the liquidity of the company, in particular the current account balance, open invoices, liabilities as well as loans.

Profitability: The BWA should provide information on the company's profitability, for example by calculating key figures such as the operating profit margin or the return on investment (ROI).

Comparative values: In order to be able to better interpret the results of the BWA, they should be set in relation to previous periods and, if necessary, also to industry standards or comparable companies.

A good BWA should be easy to understand and present the most important key figures at a glance. It is advisable to prepare a BWA on a regular basis in order to quickly identify changes in the company's financial situation and, if necessary, take measures to improve it.

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What are avoidable mistakes when setting up your own business?

03/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Here are some avoidable mistakes that can be made when building a self-employment business:

Unclear vision: without a clear vision and goal, it can be difficult to have a clear focus and steer the business in the right direction.

Lack of business planning: poor business planning can lead to unclear goals, insufficient funding and lack of direction.

Lack of market analysis: a lack of market analysis can lead to a business not understanding its target audience or what needs it should be meeting.

Lack of financial planning: inadequate financial planning can lead to an unexpected financial shortfall that can threaten the survival of the business.

Lack of legal advice: a lack of legal advice can cause a company to miss the necessary steps to comply with laws and regulations and potentially face legal difficulties.

Lack of marketing strategy: a lack of marketing strategy can result in a business struggling to reach its target audience and attract customers.

Lack of self-discipline: without self-discipline and self-motivation, it can be difficult to succeed in the long run.

By avoiding these mistakes and carefully planning and implementing your self-employment, you can increase the chances of success and build a profitable business.

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