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Glossary / Lexicon

What is a cover picture?

09/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A "cover image" usually refers to the picture or graphic that appears on the cover of a publication such as a magazine, book, brochure or newspaper. The cover image is often the first visual element readers see when they pick up the publication or see it on the shelf.

The function of a cover image can vary depending on the type of publication, but in general it serves to:

To attract attention: The cover image should attract the attention of potential readers and encourage them to take a closer look at the publication.

To present the topic: The cover image should visually represent the main theme or content of the publication. It can often show key images, main characters or important elements of the story or content.

The cover image should show the main theme or content of the publication.

Arouse emotion or interest: A well-designed cover image can evoke emotion or arouse interest by conveying excitement, curiosity or emotion that will keep readers interested.

Reinforce brand identity: In many cases, the cover image also helps to reinforce the brand of the publication or publisher by incorporating the logo or other recognisable brand elements.

Create recognition value: For regular publications such as magazines, the consistent appearance of the cover image helps to increase recognition and build reader loyalty.

The design of a cover image is therefore of great importance, as it plays an important role in appealing to readers and persuading them to open and read the publication. Depending on the target group and the type of publication, the cover image can be creative, informative, emotional or eye-catching.

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What is a lead story?

09/19/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
In the field of journalism, the "lead" refers to the main news item or photo on the front page of a newspaper or magazine. The lead is usually designed to immediately grab the attention of readers and encourage them to buy the newspaper or open the magazine to find out more about the main news or topic. Often the lead is a large headline accompanied by an eye-catching picture or graphic to increase visual appeal. The purpose of the lead is to arouse the readership's curiosity and interest in the issue as a whole.
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What is B2B Marketing?

09/19/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

B2B marketing stands for business-to-business marketing and refers to marketing activities and strategies aimed at selling products or services from one company to other companies. In other words, it is the sale of goods or services from one business to another, as opposed to B2C (business-to-consumer) marketing, which involves selling products or services to end consumers.

Here are some key characteristics and aspects of B2B marketing:

Target audience:

The target audience in B2B marketing is other companies, organisations or professionals who need the products or services to achieve their own business goals. This can be large companies, small and medium-sized enterprises (SMEs) or even government agencies.

Target group: The target group in B2B marketing is other companies or professionals who need the products or services to achieve their own business goals.

Complexity: B2B transactions are often more complex than B2C transactions, as they often involve larger budgets and long-term contracts. Purchasing decisions may be made by different decision-makers within the company.

Relationship Orientation: B2B transactions are often more complex than B2C transactions because they often involve larger budgets and long-term contracts.

Relationship orientation: Relationships play a big role in B2B marketing. It is about building and maintaining long-term business relationships. This often requires personal interactions, tailor-made solutions and a high degree of trust between companies.

Rationality: B2B purchasing decisions are often based on rational considerations such as cost-benefit analysis, quality, performance and efficiency. Information and data play an important role in decision-making.

Customised solutions: B2B companies often offer customised solutions and services to meet the specific needs of their business customers. This requires an in-depth knowledge of customer requirements.

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Marketing channels: B2B marketing can be done through a variety of channels, including trade shows, conferences, email marketing, content marketing, social media, direct sales, and more.

Long-term retention: Building a long-term relationship and customer loyalty is crucial in B2B marketing, as repeat business and long-term contracts are more common.

Market research: This is a key element of B2B marketing.

Market research: In order to conduct effective B2B marketing, it is important to conduct extensive market research to understand the needs, preferences and challenges of your business customers.

Examples of B2B marketing include selling machinery and equipment to manufacturing companies, providing software solutions to businesses, offering business services such as accounting or human resource management, and more. B2B marketing often requires a specialised approach to meet the unique requirements and needs of business customers.

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How does influencer marketing work?

09/18/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Influencer marketing is a marketing strategy in which brands and businesses work with influencers to promote products or services and spread their messages to those influencers' target audience. Here are the basic steps to execute a successful influencer marketing campaign:

1. Goal setting and strategy development:

Define clear goals for your campaign. Do you want to increase brand awareness, sell products, generate more website traffic, or target a specific audience? Identify the key messages and themes you want to convey.

2. Target Audience Analysis:

Identify your target audience accurately to select influencers whose followers match your target audience. Use audience analysis tools and research to understand your audience's interests and demographics.

3. Influencer selection:

Research potential influencers who fit your brand and goals. Consider factors such as reach, engagement rate, credibility and relevance. Check the quality and authenticity of an influencer's followers to avoid fake followers.

4. Contacting and negotiating:

Contact the selected influencers and present your campaign idea. Negotiate contracts and terms, including compensation, content requirements, timelines, and legal aspects.

5. Campaign development:

Work with influencers to develop creative campaign ideas and content that authentically communicate your brand's message. Make sure influencers have the opportunity to add their personal touches to the content.

6. Implementation and publishing:

Let the influencers publish the prepared content on their own social media platforms. This can include photos, videos, blog posts or live streams. Be sure to publish in line with your schedule and goals.

7. Monitoring and Analysis:

Track campaign performance using KPIs (key performance indicators) such as reach, engagement, conversions, and ROI. Analyze the data to understand how effective the campaign was, and draw conclusions for future campaigns.

8. Relationship management:

Maintain relationships with influencers who participated in your campaign. This can lead to long-term partnerships.

9. Scaling and optimization:

Based on the results, you can scale and optimize your influencer marketing strategy by focusing on successful tactics and making less effective adjustments. Influencer marketing can be an effective way to engage your audience in an authentic way and build trust in your brand. However, it's important to make the relationship between brand and influencer transparent and trustworthy, and to ensure that the messages and content meet the expectations of the target audience.

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What is go bzw. golang?

09/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Go, also known as Golang, is an open source programming language developed by Google. It was first released in 2009 and has since gained popularity. Go was designed to increase efficiency and productivity in writing software, especially in developing scalable and reliable applications for modern requirements.

Here are some key features and concepts that set Go apart:

Simplicity and Readability:

Go was developed with the goal of being easy to learn and use. The language features a clear and consistent syntax that promotes code readability.

Static typing.

Static typing: Go is a statically typed language, which means that the types of variables are set at compile time. This contributes to the security and performance of the language.

Efficiency: Go is designed for efficient code execution. It provides efficient memory management and garbage collection, which makes it especially good for programming close to the system while also being resource-efficient.

Concurrency and Parallelism: Go inherently supports concurrent programming and parallel execution. The language provides Go routines and channels that allow developers to easily coordinate and synchronize concurrent tasks.

Standard library: Go has an extensive standard library that contains many useful functions and packages to handle various tasks, including network communication, HTTP server, encryption, database access, and more.

Tooling: Go is supported by a wide range of development tools, including the Go compiler (Go compiler), the package management tool "go get" and a debugger. These tools contribute to the productivity of Go developers.

Open Source: Go is an open source project, which means that the entire language specification, implementation, and development tools are freely available and accessible for further development by the developer community.

Go has a broad application base and is used in a variety of domains, including web development, cloud computing, DevOps, network communications, and systems-oriented programming. It is often used for developing scalable and high-performance server applications, as well as for building microservices. Due to its features and growing community, Go is a popular choice for developers looking for an efficient and easy-to-use programming language.

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