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What is a no-go in customer acquisition?

06/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A "no-go" in customer acquisition refers to an action or approach that is considered totally unacceptable or unprofessional and turns off potential customers. Here are some examples of no-go's in customer acquisition:

Inappropriate behavior: Any form of rude, pushy or aggressive behavior towards potential customers is an absolute no-go. Clients want to be treated respectfully, and any kind of pushing or coaxing is likely to discourage them from working with you.

Lack of research: if you don't have basic information about the potential client and don't know what their needs are or what solutions they are looking for, it comes across as unprofessional and disinterested. Customers appreciate it when you find out in advance and target their individual needs.

Untargeted mass advertising: sending mass emails or spam messages to a large number of potential customers without any personalization is an absolute no-go. It shows that you are not taking a personalized approach and have no real interest in the customer's specific situation.

Missing transparency: if you conceal or deliberately manipulate information or promises to lure customers, trust will be destroyed. Customers value honesty and transparency, and if they feel they are being deceived, they will be unwilling to work with you.

Missing transparency will destroy trust.

Ignoring feedback: customers may raise questions or concerns during the acquisition process. If you ignore them or don't take them seriously, it sends a negative signal. It's important to act on customer feedback, answer questions and address concerns seriously to build a positive customer relationship.

Failing to follow up: If you don't follow up with potential customers after the initial contact or respond to them in a timely manner, it gives the impression that you are disinterested or don't take them seriously. Consistent follow-up is critical to keeping customers interested and resolving their questions or concerns.

These no-gos should be avoided to ensure successful customer acquisition. Instead, focus on a professional, respectful, and customized approach to earn customers' trust and build long-term relationships.

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How can I reach more customers with less advertising budget?

05/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several ways to reach more customers with a limited advertising budget. Here are some tips:

Focus on your target audience: carefully analyzing your target audience can help you use your budget more effectively. Make sure your ads are targeted to your audience by considering demographic and geographic characteristics, interests, behaviors, and other relevant factors.

Use targeted advertising: targeted advertising can help ensure that your ads are displayed to the people who are most likely to become your customers. Use targeted ad formats, such as Facebook Ads or Google Ads, to tailor your ads to your target audience.

Optimize your ads: Optimize your ads by using powerful headlines, clear call-to-actions, and engaging images. Avoid redundant or confusing information to convince potential customers to click on your ad.

Use social media marketing: social media platforms are a great way to promote your business and reach your target audience. There are numerous ways to use social media platforms such as Facebook, Twitter, Instagram, and LinkedIn to promote your business and reach your target audience.

Use influencer marketing: influencer marketing can help get your brand noticed by a larger audience by partnering with influencers or people who are well-known in your industry. Make sure you choose an influencer who connects with your brand and your target audience.

Go for long-term strategies: long-term marketing strategies, such as search engine optimization (SEO), can help your business rank higher in search engine results in the long run, reaching more potential customers.

By using these measures, you can target your audience more effectively with a limited advertising budget and thus reach more customers.

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What do I have to pay attention to when placing online advertising?

05/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

When placing online ads, there are several factors you should consider to create a successful campaign. Here are some important points you should consider:

Define clear goals: Before you start running online ads, you should set clear goals. Do you want to generate more traffic to your website, make more sales or increase your brand awareness? Depending on the objective, there are different strategies and tactics to optimize your campaign.

Choose the right audience: select the audience most likely to be interested in your products or services. Use demographic, geographic, and behavioral data to define your audience and target your ads.

Use engaging ads: Create engaging ads with eye-catching headlines, appealing images or videos, and clear call-to-actions. Make sure your ads are relevant and engaging to your target audience.

Use the right keywords: use relevant keywords in your ad to ensure it is seen by the right people. Use keyword tools to find relevant and frequently searched keywords.

Monitor your campaign: regularly monitor the performance of your campaign to make sure it's getting the results you want. Analyze your click-through rate, conversion rate, and cost per click to see if your campaign is successful or if changes need to be made.

Test different ad versions: Create different ad versions with different headlines, descriptions, and ad extensions. Test these variations and analyze which ads work best. Use these insights to continuously improve your ads.

Pay attention to budgeting: make sure you keep an eye on your campaign budget and make sure you're getting the most out of your budget. Set bids to ensure that your ads are placed in the right place.

By keeping these points in mind, you can create a successful online advertising campaign that achieves your business goals and appeals to your target audience.

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Online ads: How to use them effectively to attract customers

05/17/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Online ads are an important part of any marketing strategy. Compared to traditional forms of advertising, they offer many advantages, such as specific targeting, better measurability and greater flexibility. In this article, we'll take a look at the different types of online ads and how to use them effectively to attract customers.

Types of online ads

There are different types of online ads, including:

Search Engine Ads: Ads that appear in the search results of search engines such as Google or Bing. These ads are often triggered by search terms or keywords.

Display ads: Ads that appear on websites, apps, or social media. These ads can take the form of banners, videos, or images.

Social media ads: Ads that are served on social media, such as Facebook, Twitter, or LinkedIn. These ads can be targeted based on user interests, demographics, or behavioral data.

Video ads: Ads that are displayed as short videos on YouTube or other video hosting platforms.

How to use online ads effectively

Define your audience: before you run ads, you need to define your audience. Who are your customers? What are their interests, needs, and pain points? The better you understand your audience, the more targeted and effective you can make your ads.

Choose the right platform: Each platform has its own advantages and disadvantages. Choose the platform that best fits your marketing goals and target audience.

Set a budget: Determine your budget and allocate it accordingly. Make sure you keep track of your budget and don't exceed it.

Create engaging ads: Create engaging ads that appeal to your target audience and provide value. Make sure your ads are clear, concise and visually appealing.

Test and optimize your ads: Test different ad variations and optimize them based on performance. Pay attention to metrics like click-through rate, conversion rate, and cost per conversion.

Conclusion

Online ads are an important part of any marketing strategy. By accurately defining your target audience, choosing the right platform, setting a budget, creating engaging ads, and continuously testing and optimizing your ads, you can effectively use online ads to attract customers and scale your business.

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What is targeting and why is it important?

05/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Targeting is a term often used in the advertising industry. It refers to the targeted placement of ads or marketing messages to appeal to a specific target group. Targeting is becoming increasingly important as the amount of available advertising channels and competition for consumer attention increases. Targeting allows companies to use their advertising spend more effectively by targeting only those consumers who are most likely to be interested in their products or services.

How does targeting work?

There are different types of targeting based on different criteria. Some of the most common targeting methods are:

Demographic targeting: where ads are placed based on age, gender, income, education level, or other demographic characteristics.

Geographic targeting: Ads are placed based on geographic characteristics such as location, zip code, or region.

Behavioral targeting: Here, ads are placed based on consumer behavior, e.g. based on search queries or visits to specific websites.

Contextual targeting: Ads are placed based on the context in which they appear, e.g. based on the topic of a website or the content of an article.

These targeting methods are often combined to create even more targeted campaigns. For example, a company might create an ad for a new product and then target that ad based on demographics, geographic characteristics, and behavioral data of a specific audience.

Why is targeting important?

Targeting helps companies use their ad spend more effectively and achieve better results. Targeting allows companies to ensure that their ads are shown only to consumers who are most likely to be interested in their products or services. This can help companies save money and improve their return on investment (ROI).

Targeting can also help make ads more relevant to consumers. When consumers only see ads that are aligned with their interests and needs, they are more likely to click on those ads or go to the company's website. This can increase the likelihood that they will eventually become customers.

Conclusion:

Targeting is an important way to use ad spend more effectively and achieve better results. It allows companies to target consumers who are most likely to be interested in their products or services. By combining different targeting methods, companies can create even more targeted campaigns.

By combining different targeting methods, companies can create even more targeted campaigns and further improve their return on investment (ROI).

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