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Start-ups “Made in Germany”: Examples of success from the German start-up scene

11/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Germany is not only known for its solid industry and strong economy, but has also developed into a hotspot for innovative start-ups in recent years. The German start-up scene has produced an impressive number of success stories. In this article, we take a look at some of the remarkable "Made in Germany" start-ups that have gained global recognition.

1. Zalando: fashion retail in the digital age

Zalando, founded in 2008, has developed into Europe's leading online fashion platform. The company started out as a small online shoe retailer and has since expanded its range considerably. Today, Zalando offers a wide range of fashion items and brands and serves customers across Europe. The platform has revolutionised e-commerce and is an outstanding example of the success of the German start-up scene.

2. Delivery Hero: international delivery services

Delivery Hero was founded in 2011 and has developed into one of the world's leading providers of online food delivery services. The company operates platforms in more than 40 countries and offers a wide range of food delivery options, from pizza to sushi. Delivery Hero has changed the way people order and get food delivered and has become a global player.

3. N26: Digital banking for the world

N26 was founded in Berlin in 2013 and is one of the fastest growing digital banks in the world. With a user-friendly mobile app, N26 offers a wide range of financial services, from current accounts to investment opportunities. The company has managed to challenge traditional banks and attract millions of customers across Europe.

4. FlixBus: revolutionising long-distance travel

FlixBus, founded in 2013, has redefined long-distance travel in Europe. The company offers comfortable and environmentally friendly coach travel in over 30 countries and has changed the way people travel across Europe. FlixBus has also established itself in the USA and is an impressive example of a German start-up expanding internationally.

5. Celonis: process optimisation through AI

Celonis, founded in 2011, specialises in process optimisation for companies. The company uses artificial intelligence to analyse and optimise business processes. Celonis has won leading global companies as customers and is one of the fastest growing German technology companies.

Conclusion

German start-ups have developed into real success stories in recent years and have played a significant role in various sectors such as e-commerce, delivery services, finance and technology. These examples show that Germany

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How can you maximize the long-term impact of PR measures?

11/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Maximizing the long-term impact of PR measures requires a strategic approach and consistent effort. Here are some key steps to consider:

Define clear objectives: Start by setting specific, measurable, achievable, relevant, and time-bound (SMART) objectives for your PR efforts. Clearly define what you want to achieve in the long term, such as enhancing brand reputation, increasing market share, or improving public perception.

Understand your audience: Identify your target audience and understand their needs, interests, and preferences. Tailor your PR messages and activities to resonate with your audience and address their concerns effectively.

Develop a comprehensive PR strategy: Create a well-defined PR strategy that aligns with your overall business goals. It should outline the key messages, target media channels, tactics, and timelines. Consider both proactive (press releases, media pitches) and reactive (crisis management, reputation repair) PR activities.

Build strong media relationships: Cultivate strong relationships with journalists, influencers, bloggers, and other media professionals. Provide them with valuable and relevant information, establish yourself as a credible source, and engage in mutually beneficial partnerships. Regularly pitch story ideas and press releases that align with their interests and beat.

Consistent storytelling: Craft a compelling and consistent brand narrative that communicates your values, vision, and unique selling propositions. Maintain consistent messaging across different PR channels, including press releases, social media, blog posts, and interviews. Consistency helps to establish your brand identity and reinforce key messages in the minds of your audience over time.

Engage in thought leadership: Position yourself and your organization as thought leaders in your industry. Share valuable insights, expertise, and knowledge through various channels like articles, white papers, speaking engagements, and industry events. Thought leadership enhances credibility, builds trust, and reinforces your brand's long-term reputation.

Monitor and adapt: Regularly monitor media coverage, social media sentiment, and public perception of your brand. Use analytics tools to measure the impact of your PR efforts and identify areas for improvement. Adapt your strategy based on feedback, learnings, and changing market dynamics.

Invest in long-term relationships: PR is not just about one-off campaigns; it's about building enduring relationships. Invest time and effort in nurturing relationships with stakeholders, customers, partners, and employees. Maintain open lines of communication, address concerns promptly, and demonstrate that you value their feedback and support.

Evaluate and learn: Periodically evaluate the outcomes of your PR initiatives against your defined objectives. Assess the long-term impact on brand reputation, customer sentiment, market share, and business growth. Identify what worked well and what didn't, and apply those learnings to refine your future PR strategies.

Be authentic and transparent: In an era of increasing transparency, authenticity is crucial. Be honest, transparent, and accountable in your communications. Build trust by admitting mistakes, taking responsibility, and swiftly addressing any negative PR situations that arise.

By adopting these practices and maintaining a long-term perspective, you can maximize the impact of your PR measures and build a positive and enduring reputation for your organization.

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Why 80 percent of advertisers burn money in B2B online marketing

11/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Many B2B online marketing advertisers try to achieve good results with minimal effort. But sometimes it's just not possible to achieve good results with minimal effort. It's important that B2B online marketing advertisers invest in a good strategy that aims for long-term results. This includes, for example, choosing the right target audience, optimizing the website, creating and publishing high-quality content, developing effective campaigns, and analyzing the results.

Many B2B online marketing advertisers don't invest in these strategies, instead trying to get more short-term results with less effort. This results in a lot of money being wasted without sustainable results.

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Looking for inexpensive PR software?

11/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Introduction:

The importance of public relations (PR) in today's business world cannot be overstated. The right PR strategy can strengthen a company's image, increase brand awareness and appeal to potential customers. But what if your budget is limited? Are there low-cost PR software options that can help you achieve your PR goals? In this article, we will explore some affordable PR software solutions that are also suitable for smaller businesses and start-ups.

HARO (Help a Reporter Out):

HARO is a great tool for companies looking to focus on Earned Media. It connects journalists looking for expert opinions and sources with experts in various industries. The free version of HARO offers limited access, but there are also affordable premium plans that offer advanced features and better visibility.

MailChimp:

Email marketing continues to be an important PR strategy. MailChimp offers a free version for businesses with a small budget. You can create newsletters, send automated emails and track the performance of your campaigns. With paid plans, additional features are available.

Hootsuite:

Social media is a key aspect of modern PR. Hootsuite allows you to manage your social media presence and schedule posts. The free version supports limited profiles and scheduled posts, while paid plans offer more functionality.

Google Alerts:

A simple but useful tool. Google Alerts can alert you to specific keywords or phrases in real time. This information can be extremely valuable for identifying PR opportunities and monitoring your online reputation.

Media & PR Database 2023 from FDS:

The Media & PR Database 2023 is a PR platform that offers affordable plans for start-ups and small businesses. It allows you to send your press releases to journalists and media contacts to increase your visibility.

Conclusion:

Affordable PR software can help small businesses and start-ups achieve their PR goals without breaking the budget. The tools reviewed here offer a wide range of features, from media monitoring to media contact management. When choosing PR software, it is important to consider your specific needs and goals to find the best solution for your business. With the right tools, even companies with limited budgets can develop and implement an effective PR strategy.

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Incubators, accelerators and start-up centers: support for aspiring entrepreneurs

11/08/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The journey from idea to successful business start-up is often fraught with challenges. For budding entrepreneurs, especially in today's competitive business world, having the right support and resources available can be crucial. This is where incubators, accelerators and business incubators come into play. In this article, we look at the role and benefits of these organisations for aspiring founders.

Incubators: Incubating business ideas

Incubators are facilities that provide start-ups and founders with a physical space in which to develop and realise their business ideas. Here are some of the key features of incubators:

Infrastructure: Incubators often provide offices, workspaces and resources such as internet access and conference rooms. This enables founders to work cost-effectively without having to invest in expensive office equipment.

Advice and mentoring: Many incubators offer advisory services and mentoring programmes. Experienced entrepreneurs and experts are on hand to help founders with strategic decisions and challenges.

Financial support: Some incubators also offer financial support in the form of grants or investments. This can help to secure start-up funding.

Accelerators: Accelerating growth

Accelerators are programmes that focus start-ups on rapid growth and expansion. Here are some of the key features of accelerators:

Intensive training: Accelerators often offer training and workshops on various aspects of entrepreneurship, from business model development to sales techniques

Financing: In return for a stake in the company, accelerators often offer financing support in the form of investment and capital.

Limited in time: Accelerator programmes are usually limited in time, often to a few months. During this time, the founders work intensively on advancing their company.

Demo Day: Many accelerator programmes end with a "Demo Day", where founders present their companies to investors and potential partners.

Business incubators: community and resources

Business incubators are often independent organisations or facilities within universities that offer a wide range of resources and support for founders. Here are some of the benefits of business incubators:

Education: Business incubators offer training, seminars and educational resources to educate entrepreneurs in various aspects of entrepreneurship.

Access to expertise: Business incubators allow founders to access the expertise of professors, industry experts and consultants.

Fostering collaboration: These facilities encourage collaboration and the exchange of ideas between founders, which can lead to innovative solutions.

Facilities and resources: Some incubators also provide office space, laboratories and access to specialised equipment.

Incubators, accelerators and business incubators play a crucial role in supporting and promoting start-ups and business founders. They offer not only resources and expertise, but also a supportive environment that enables founders to realise their full potential and successfully implement their business ideas. At a time when innovation and entrepreneurship are crucial, these organisations are valuable players in the start-up landscape.

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