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The German economy shows mixed developments in the first half of 2023 in terms of business start-ups and discontinuations. According to the latest data from the Federal Statistical Office (Destatis), the number of start-ups of larger businesses remains almost unchanged, while new business start-ups show a significant overall increase and complete business discontinuations also rise strongly.
In the period from January to June 2023, around 62,700 establishments with a legal form and number of employees indicating greater economic importance were founded in Germany. This figure reflects a minimal decrease of 0.1% compared with the same half of the previous year. This result shows that, despite slight fluctuations, there is a constant interest in creating significant economic entities. At the same time, however, about 50,600 establishments with greater economic significance completely deregistered their trades, an increase of 12.4% compared to the first half of 2022.
It is worth highlighting the remarkable increase in new business startups overall during the same period. With approximately 317,600 startups, Germany recorded an increase of 10.2% compared to the corresponding half of the previous year. This testimony underscores the ongoing interest and commitment of entrepreneurs to build new businesses and put innovative ideas into action.
The total number of business registrations in the first half of 2023 increased by 8.9% year-on-year to around 381,200. These figures include not only new business start-ups, but also business takeovers, conversions and moves from other registration districts. This illustrates the diversity of entrepreneurial activity and the different ways in which businesses can start and grow.
Not to be ignored is the increase in trade relinquishments, which was also observed in the first half of 2023. With around 246,500 complete commercial tasks, Germany recorded a striking increase of 14.0% compared to the same half of the previous year. These figures include not only trade relinquishments, but also business transfers, conversions, and departures to other reporting districts.
The data source's methodological notes clarify the criteria for establishments of greater economic importance, including legal entities, partnerships and natural persons registered in the commercial register or employing workers. In addition, the data source highlights that technical issues have led to a change in the classification of small businesses and sideline businesses, which has limited the comparability of the results.
In summary, the statistical data for the first half of 2023 show a multifaceted picture of the corporate landscape in Germany. Despite slight fluctuations, interest in business start-ups remains, while the diversity of entrepreneurial activities plays an important role in the country's economic development.In today's world, it's more important than ever to position yourself as a brand. Especially for people who are in the public eye, such as artists, influencers or entrepreneurs, it is of great importance to build a strong personal brand. Here are some reasons why person brands are so important:
Differentiate yourself from competitors
A strong person brand helps you stand out from your competitors. There are many people who have similar talents or skills as you. When you build a strong person brand, you can ensure that you stand out from the competition and attract potential customers or fans to you.
Build trust
A strong persona brand can help build trust with your customers or fans. By positioning yourself as a brand, you can clearly communicate your values and beliefs, which will help you connect with your target audience. People buy from people they like and trust.
Add value
A strong personal brand can help increase your value. When you're known as a brand, you increase your chances of being noticed by the public, which can lead to more customers or fans. A strong personal brand can also help you charge higher prices for your services or products.
Career opportunities
A strong person brand can also help you create or expand career opportunities. When you are known as a brand, you increase your chances of being discovered and approached by companies or other influencers. A strong person brand can also help you be seen as an expert in your field.
How do I build a strong personal brand?
Building a strong person brand takes time, patience and hard work. Here are some steps you can take to build your person brand:
Define your goals and values: Think about what goals you want to achieve and what values are important to you. This information should be clearly communicated in your brand.
Create an engaging online presence: A strong online presence is essential to be perceived as a brand. Create a website or blog and use social media to spread your message.
Be authentic: A strong personal brand is based on authenticity. Be honest and open with your customers or fans and stick to your values and beliefs.
Build a community: A strong persona brand requires a loyal fan base. Use social media and other platforms to build a community and connect with your customers or fans.
Provide value: A strong personal brand provides value to its customers or fans. Think about how you can add value to your target audience through your services, products or content. Conclusion
A strong person brand can be of great importance to many people, especially those who are in the public eye. A well-built persona brand can help you stand out from the competition, build trust with customers or fans, and increase value. If you want to build a strong persona brand, you should define your goals and values, create an engaging online presence, be authentic, build a community, and provide value. With hard work, patience and a smart strategy, you can build a successful personal brand.
No-go's in marketing are certain approaches or strategies that should generally be avoided because they can have a negative impact on a company's image. Here are some examples of no-go's in marketing:
Deception and Misleading: Consumers should not be deliberately deceived or misled. False claims about a product or service can undermine customer trust and lead to legal consequences.
Spamming: Mass mailing of unsolicited commercial messages, whether by email, text message or phone call, is an unprofessional and unethical marketing practice. It can damage relationships with potential customers and tarnish a company's reputation.
Inappropriate targeting: It is important to carefully analyze the target audience and develop appropriate marketing strategies. Inappropriate targeting based on prejudice or discrimination, for example, can lead to negative reactions and damage the company's image.
Inappropriate targeting can lead to negative reactions and damage the company's image.
Ignoring customer feedback: Customer feedback is valuable to companies because it provides insight into their needs, wants and complaints. Ignoring or dismissing customer feedback can make customers feel unheard or disrespected and turn away from a company.
Personal Data Breach: Inappropriate handling of customers' personal data, for example through unauthorized disclosure or insecure storage, can destroy customer trust. Companies should always comply with applicable data protection laws and ensure that customers' privacy is protected.
Failure to provide transparency: a lack of transparency can affect customer trust. Companies should clearly communicate what information they collect, how it is used, and the benefits or risks associated with a product or service.
This list is not exhaustive, but it provides an overview of some important no-go's in marketing. It is advisable to follow ethical principles and best practices for long-term successful and trustworthy marketing.
No-go's in search engine advertising or online marketing are certain practices that should be avoided because they violate either search engine guidelines or general marketing principles. Here are some examples of no-go's:
Misleading advertising: placing misleading ads or promising deals that cannot be delivered is unacceptable. Advertising should be transparent and honest.
Keyword stuffing: The excessive and unnatural use of keywords in ads or on landing pages is penalized by search engines. Content should be relevant to users and easy to read.
Lack of landing page relevance: The landing pages that the ads link to should be closely related to the products or services being advertised. A mismatch between ad text and landing page can lead to poor user experience.
Copyright infringement: using copyrighted content without having the necessary rights or permissions is not allowed. This includes images, text, brand names and logos.
Poor user experience: cluttered or slow websites, pop-up ads, auto-playing videos, or other elements that detract from the user experience should be avoided.
Spam and unsolicited communications: sending unsolicited emails, text messages, or other forms of communication without the recipients' consent is considered spamming and is unprofessional.
Neglect of data protection regulations: The handling of personal data must comply with applicable data protection laws. It is important to respect the privacy of users and adequately protect their data.
It is important to note that the exact no-go's may vary depending on the platform, search engine or online marketing channel. It is advisable to carefully read the guidelines of the respective platform and stay up to date to avoid violations.
No-go's in sales are behaviors or practices that should be avoided because they can have a negative impact on the sales process and customer relationships. Here are some examples of no-go's in sales:
Aggressive Selling: Pressuring or aggressively persuading customers to buy a product or service can lead to negative reactions and damage customer trust:
Aggressive selling can lead to negative reactions and damage customer trust.
Unprofessional appearance: An ill-prepared, unprofessional demeanor can give the impression that you don't care about the customer's needs. This includes inappropriate language, poor choice of dress, or lack of knowledge about one's product or service.
Unprofessional appearance.
Inadequate product knowledge: Customers expect salespeople to have extensive knowledge about the products or services they offer. If sales staff cannot provide sufficient information or make false statements, this creates uncertainty and can lead to rejection.
Inadequate knowledge of the product or service offered.
Unreliability: Failure to meet commitments or deadlines, late deliveries or lack of communication with customers are no-go's in sales. Reliability is an important factor in building trust and long-term customer relationships.
Missing customer focus: a sales representative should be responsive to the customer's needs and requirements and provide customized solutions. If the focus is only on selling and there is no real customer focus, this will frustrate the customer and lead to rejection.
Poor communication: clear and effective communication is critical in sales. If a salesperson has difficulty articulating their thoughts clearly, listens poorly, or does not adequately address a customer's questions or concerns, it can lead to misunderstandings and affect trust.
These are the no-go's.
These no-go's should be avoided in order to succeed in sales and build good customer relationships. Instead, salespeople should focus on professionalism, customer orientation, reliability and clear communication.