12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Crowdfunding is a type of funding where many people donate small amounts of money to a project or business to support it. These donations can be made through an online platform or in a traditional way. Crowdfunding allows people around the world to invest money in a business or project without the need for a traditional bank account or loan. For those who invest money in the project, there is often some sort of consideration, such as a product or service.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Venture capital is a form of financing that provides funding to companies that do not have the normal means of bank credit or public financing. It is usually provided by investors who are willing to take a high risk and invest in the company in hopes of earning a higher return than usual. These investors often receive a share in the company, often in the form of shares or stock options.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The click-through rate is a measure of the effectiveness of an advertising campaign. It is the percentage of users who click on a particular ad or link after it has been served to their screen. It can also be referred to as click-through rate (CTR). The higher the click-through rate, the more effective the advertisement is and the higher the chance that the user will perform a described action.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Cost per click (CPC) is a pricing model used in online advertising. It refers to the price an advertiser has to pay per click on an ad. It is an important concept in search engine marketing and is usually used in conjunction with cost per impression (CPM).
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
An elevator pitch is a short, concise presentation of a business idea that can be explained in the time it takes to ride an elevator. It is a short, compelling summary of a product or service that is used to attract investors or potential customers.