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Send out press releases - What are the alternatives?

03/11/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Use social media channels: Using Facebook, Twitter, LinkedIn, Instagram and other social networks, companies can send news and announcements to a wide audience quickly and inexpensively.

2. Email marketing: email marketing can be an effective and inexpensive way to send press releases. It allows companies to send their news directly to a list of subscribers.

3. Publications in trade journals: publishing a press release in a trade journal allows the company to reach a large audience. Trade journals allow companies to send their message to a specific audience.

4. Press offices: A press office can help a company send its press release to a wide audience. Press offices can also help establish contacts with media representatives and identify appropriate media channels through which to send the press releases.

5. Online press releases: Online press releases allow companies to post their news on a variety of websites to reach a wide audience.

Our alternative: The Media & PR Database 2024.

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B2B agencies' challenges in using online advertising and alternative approaches

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's digital era, online advertising has become a powerful tool to attract customers and drive business. But while some companies in the business-to-business (B2B) industry are successfully using online advertising, many agencies are struggling to get the desired value from this marketing strategy. This article explores the challenges B2B agencies face when using online advertising and highlights alternative approaches available to them.

Challenges in using online advertising in B2B

Complex products and services: In the B2B sector, the products and services offered are often more complex and require more explanation than in the B2C sector. Online advertising often offers limited space for detailed explanations, making it difficult to adequately convey the benefits and value of complex offerings.

Long sales cycles: B2B sales cycles are often longer and involve multiple decision makers. Online advertising may not always be able to provide the compelling arguments needed to influence these complex buying decisions.

Targeting: B2B agencies must target highly specialized audiences. Accurately identifying and reaching these niches can be challenging in the vastness of the Internet.

Building trust: In B2B, trust and credibility are critical. Building that trust through online advertising alone can be a challenging task, as potential customers are often looking for detailed information, testimonials, and recommendations.

Alternative approaches to B2B marketing

Content marketing: one alternative to direct online advertising is content marketing. By creating high-quality content such as blog posts, white papers, and case studies, agencies can demonstrate their expertise and gain the trust of their target audience

Social Selling: Through the targeted use of social media platforms, B2B agencies can build personal relationships and expand their network. Instead of pure advertising, this is about building relationships and sharing relevant expertise.

Account-based marketing (ABM): ABM focuses on individual target companies and tailors the marketing strategy to their specific needs. This allows for a more personalized approach and a more targeted approach.

Events and Conferences: Attending industry events, conferences and webinars can be a great way to meet potential customers face-to-face and showcase your offerings.

Email marketing: Well-targeted email campaigns that provide relevant and useful information can be an effective way to build long-term relationships in the B2B space.

In an era of ever-increasing digital competition, B2B agencies may need to look beyond the traditional approach of online-only advertising. By adopting alternative approaches that are better tailored to the specifics of the B2B market, they can achieve more effective customer engagement and increase their visibility in the industry.

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Why B2B suppliers and service providers have a hard time generating inquiries via their own website these days, and what alternatives there are

07/27/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's digitized business world, online presence and lead generation are critical for B2B vendors and service providers. Yet many companies face the challenge of generating inquiries through their own website. This article explores the reasons behind this problem and presents alternative approaches to attract qualified leads.

1. Overwhelm due to the multitude of websites:

The Internet is flooded with websites of B2B vendors and service providers. Customers have a seemingly endless choice, making it difficult to stand out from the crowd. Often, websites are not optimized enough to convert visitors into paying customers.

2. Lack of search engine optimization (SEO):

Poor visibility in search engine results can prevent potential customers from finding the website in the first place. Without a targeted SEO strategy, valuable leads are lost.

3. Complex offerings and opaque content:

B2B products and services can often be complex. If the website fails to convey this information clearly and understandably, visitors will lose interest and look elsewhere for solutions.

4. Lack of personalized targeting:

Websites that fail to capture visitors' needs and interests and provide them with personalized content may have a hard time establishing an emotional connection and building trust.

5. Competition from third-party platforms:

Third-party platforms such as LinkedIn, Xing, and business directories offer B2B companies the opportunity to showcase their services to a wide audience. As a result, they compete directly with their own website for the attention of the target group.

Alternatives to lead generation via one's own website:

1. Content marketing:

By creating and sharing high-quality, relevant content, B2B providers can position themselves as experts and attract potential customers. Blog posts, case studies, white papers, and videos are just a few examples of content that can build trust and convert visitors into leads.

2. Social Media Marketing:

A targeted presence on social media platforms allows companies to engage their target audience directly and build relationships. Interactive content and targeted advertising can capture the attention of potential customers.

3. Influencer marketing:

Working with influential people or companies in the industry can increase a B2B vendor's credibility and reach. Recommendations from trusted sources can pique the interest of potential customers.

4. Webinars and virtual events:

Hosting webinars and virtual events allows B2B companies to showcase their expertise live and engage directly with audiences.

5. Collaborations and partnerships:

Collaborating with other companies can lead to mutual benefits by gaining access to the partner's customers and thus generating new potential leads.

Conclusion:

Generating inquiries through your own website can be challenging for B2B vendors and service providers, but there are numerous alternative ways to attract qualified leads. A smart combination of content marketing, social media marketing, influencer marketing and the use of webinars or partnerships can increase reach and significantly improve the chances of successful lead generation. Companies should regularly review their marketing strategies to find the best approaches for their individual goals and position themselves successfully in the highly competitive B2B landscape.

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You find journalist databases too expensive? Discover the PR software Alternative 2023 now!

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

Journalist databases can be a useful resource for companies and PR professionals to connect with journalists and media outlets and get media coverage. However, there are also some drawbacks and challenges to consider when using journalist databases.

Outdated information: One of the main problems with journalist databases is that they often contain outdated information. Journalists frequently change jobs, change roles within the organization, or leave the industry altogether. It is difficult to quickly and accurately capture these changes and update them in the database. As a result, contact information stored in the database may be outdated and may lead to contacting the wrong people.

Incomplete information: Another challenge of journalist databases is that they often contain incomplete information. Journalists often have different interests, expertise, and preferences, and it is difficult to capture all of this information in one database. As a result, the database may not contain all the important information about the journalist, making it more difficult to plan an effective media strategy.

Lack of quality control: another problem with journalist databases is that they often do not have sufficient quality control. The databases can be used by anyone to add contacts to journalists, and there is no verification that the contact information is correct or that the journalist is actually relevant to one's cause. As a result, contact information in the database may be inaccurate or irrelevant, which can lead to a waste of time and resources.

Cost: Journalist databases can be very expensive. Depending on the vendor and the scope of services, the cost of an annual license can be several thousand dollars. For smaller companies and organizations with limited resources, this can be a barrier and cause them to forgo the use of journalism databases.

Data protection: Finally, journalist databases can also pose a challenge in terms of data protection and compliance. Protecting personal data is an important issue, and organizations must ensure that they comply with data protection regulations when storing and processing personal data in a database. If a database is not managed properly, it can lead to legal issues and image damage.

So, overall, there are some drawbacks and challenges to using journalism databases. It is important to consider these issues when deciding whether or not to use a database, and to ensure that they should only be understood as part of a broader media strategy.

Our approach: Our Media & PR Database 2023 contains direct links not only to the website URL, but also to the respective imprint of a medium, with the help of which you can always find current contact persons and journalists (m/f/d) on the website of the media provider quickly yourself. We pass on the cost savings compared to keeping this personal data directly to you in the form of the lower product price. You can find all information about the Media & PR Database 2023 in the menue at /media.

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Amazon FBA Alternative - Risk vs. Benefit

07/20/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are a few alternatives to Amazon FBA, and deciding which is best for your needs depends on your business and its requirements.

Some alternatives to Amazon FBA include drop shipping, self-fulfillment, 3PL fulfillment, and white label fulfillment. They all differ in terms of risk, cost, and benefit.

Drop shipping is a popular fulfillment model where the seller ships products directly from a manufacturer or wholesaler to their customers. The seller is not responsible for warehousing or shipping costs. The advantage of drop shipping is that there is no financial risk to the seller because they do not have to order the products in advance. The disadvantage is that the seller may not have control of the delivery since they do not ship the products themselves.

Self-fulfillment allows the seller to ship the products on their own. The advantage of self-fulfillment is that the seller has control over the shipping. The disadvantage is that the seller is responsible for inventory and shipping costs, which could be a financial risk.

3PL fulfillment is a fulfillment model where a logistics company stores, packs and ships products for the seller. The advantage of 3PL fulfillment is that the seller is no longer responsible for warehousing or shipping. The disadvantage is that the cost of using a 3PL company can be higher than other fulfillment models.

White-label fulfillment allows the seller to ship products to their customers under their own name and logo. The advantage is that the seller can build a unique brand and enhance the customer experience. The disadvantage is that the seller is responsible for warehousing and shipping, which can be a financial risk.

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