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Glossary / Lexicon

What is a press folder?

03/07/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A press kit (also called a press folder) is a collection of information, materials, and documents provided by companies, organizations, or individuals for journalists and media representatives to inform them about a specific event, product, or topic. A press kit can be provided as a physical or digital folder and usually contains various materials such as press releases, background information, photos, videos, infographics, biographies, testimonials, quotes from experts, and contact information.

The information and materials in the press kit are designed to make it easier for journalists and media representatives to cover the event, product or topic and to quickly find the information they need. A well-designed press kit can help increase visibility and coverage, and increase media exposure and interest. A press kit is often created in advance of press conferences, trade shows, events or important announcements and distributed to journalists and media representatives.

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What are Responsive Search Ads?

03/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Responsive search ads are a type of ad format in Google Ads that allows advertisers to automatically adapt ads to the search queries and interests of their potential customers.

Unlike traditional text ads, which require advertisers to manually create and optimize ad copy, Google Ads automatically generates ad content based on the keywords entered, ad targets, and other campaign parameters. This involves creating multiple ad texts and headlines, which are then intelligently combined and customized to present the most relevant ads to users.

With Responsive Search Ads, advertisers can be more flexible with ad content while optimizing ad performance because Google Ads automatically selects and uses the combinations of ad content that work best. This can lead to higher click-through and conversion rates, and reduce advertising overhead because fewer manual adjustments are required.

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What are Dynamic Search Ads?

03/04/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Dynamic search ads are a type of ad format in Google Ads that allows advertisers to automatically create and target ads based on the content of their website.

Unlike traditional search ads, which require advertisers to select keywords and set bids to serve ads, Google Ads analyzes the content of the website and automatically creates ads based on the content and context of the user's search query. This means that ads are dynamically and automatically matched to website content and user search queries.

Dynamic search ads can help advertisers reach new audiences and simplify ad management by automatically updating ads as site content changes. In addition, advertisers can use reports in Google Ads to gain insights into ad performance and optimize their campaigns based on this data.

However, it is important to note that the use of dynamic search ads requires careful monitoring to ensure that ads are not served for irrelevant search queries and that campaign goals are met.

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What is meant by evaluation?

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

Evaluation is a process of systematically and methodically assessing the effectiveness, efficiency and sustainability of projects, programs, measures or strategies. The aim of evaluation is to gain knowledge about whether the objectives have been achieved, whether the measures have been successful and whether they have produced the desired benefits. The results of evaluation can help inform decisions, improve processes and actions, and initiate change.

Evaluation involves several steps, including formulating evaluation questions, establishing criteria and indicators, selecting methods for data collection and analysis, conducting fieldwork, analyzing data, reporting, and disseminating results. Both quantitative and qualitative methods are used to obtain comprehensive findings.

There are different types of evaluations, such as process evaluations, outcome evaluations, impact and sustainability evaluations, and meta-evaluations. The choice of the type of evaluation depends on the objective and the questions to be answered.

Overall, evaluation is an important part of project management and contributes to the continuous improvement of measures and programs.

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What is Social Proof?

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

Social proof refers to the psychological tendency of people to interpret the behavior of others as an indication of what is right or appropriate, especially in situations where we feel uncertain or indecisive. It is a type of social influence in which people observe the behavior of others and adjust their own actions or decisions to follow what is considered "normal" or "acceptable" behavior.

Social proof can come in a variety of forms, such as:

Expert ratings: When an expert in a particular field recommends a product or service, people tend to follow that advice.

Customer reviews: When other customers give a product or service a positive review, it can encourage others to buy the product or service as well.

Popularity: If many people use or buy a product or service, this can be seen as an indication that it is of high quality or offers high value.

Social validation: When people see others change their behavior or make certain choices, it can encourage them to do the same to belong to a group or to be accepted as part of a community.

Social proof can be a very effective marketing tool because it can lead people to make decisions based on the behavior or beliefs of others rather than on rational arguments or facts.

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