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News / Blog: #analysis

What is Pandas?

02/21/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Pandas is a Python library used for data analysis and manipulation. It provides powerful functions for importing and processing data from various data sources, including CSV files, Excel files, databases and web APIs.

The core components of Pandas are two data structures: Series and DataFrames. Series is a one-dimensional data structure, similar to a list or array, while DataFrames are a tabular data structure consisting of columns and rows, similar to a table in a database.

Pandas allows you to filter, sort, group, merge, transform and clean data. It also supports the creation of pivot tables and time series analysis. Pandas also allows users to handle missing values and interpolate missing data.

Pandas is often used in conjunction with other libraries such as NumPy, Matplotlib and Scikit-learn to perform complex data analysis. Due to its powerful features and ease of use, Pandas has become one of the most popular libraries for data analysis in Python.

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What is NumPy?

02/21/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

NumPy (Numerical Python) is a Python library that supports arrays and matrices of numerical data and performs basic operations on this data. NumPy is designed to improve the performance of Python when working with large amounts of data and to perform mathematical operations on this data quickly and efficiently.

NumPy provides many useful functions, such as linear algebra, Fourier transform, random number generation, mathematical functions and more. It is often used in combination with other libraries such as Pandas, Matplotlib and Scikit-learn to perform complex data analysis and simplify scientific calculations.

Thanks to its rich features and ease of use, NumPy has been widely used in the scientific community and is one of the most important libraries for data analysis in Python.

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What are mistakes when placing ads for potential B2B customers with Google Ads?

02/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many mistakes advertisers can make when advertising to potential B2B customers on Google Ads. Here are some common mistakes:

Unclear or imprecise ad copy: Ad copy should accurately describe what the company offers and how it can be used by potential customers.

Failure to target the right audience: advertisers should ensure that they target their ads to the right people who are interested in their products or services.

Lack of keyword usage: Advertisers should select relevant keywords and include them in their ad copy to ensure that their ads are displayed to the right people.

Poorly designed landing pages: advertisers should ensure that their landing pages are designed in an appealing way to attract potential customers and make them take an action.

Insufficient budget: Advertisers should ensure that they have enough budget to run their ads throughout the day to reach the maximum number of potential customers.

Lack of monitoring and adjustment: advertisers should monitor and adjust their ads regularly to ensure they are getting maximum results and using their budget effectively.

Neglect of competition: advertisers should keep an eye on the competition on Google Ads and optimize their ads accordingly to compete with other ads.

Lack of measurement and analysis: Advertisers should measure and analyze their ad performance to understand which ads are more effective and what changes need to be made to achieve better results.

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How to run effective monitoring and reporting

02/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Define your goals: Before you start monitoring and reporting, you need to think about what goals you want to achieve. Define specific metrics for success and make sure they align with business goals.

2. Develop an overarching planning and reporting concept: develop a reporting concept that includes all necessary reports. Define what data should be included in the reports, who should receive the reports, and when they should be sent.

3. Select the right tools: You need the right tools to run your monitoring and reporting efficiently and successfully. Select software that fits your business strategy and allows easy integration with your existing IT systems.

4. Develop a reliable data collection system: Collecting and storing data is an essential part of effective monitoring and reporting. Develop a reliable and scalable data collection system that captures and stores all relevant data.

5. Analyze the data: You need to analyze the collected data to draw reliable conclusions about the performance of your business. Use the right tools to visualize and evaluate the data.

6. Create reports: create reports that contain the most important results of your data analysis. These reports should be easy to understand and include a brief summary of key findings.

7. Share the results: Share the results of your monitoring and reporting with your staff, colleagues, and business partners. This way, everyone involved can use the results to improve their work.

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The latest trends in B2B marketing

01/18/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Content marketing: B2B companies need to focus on creating high-quality content that appeals to their target audience. This includes blog posts, videos, e-books and other forms of content marketing.

2. Social media marketing: B2B companies need to use social media channels to spread their brand and connect with potential customers.

3. Marketing campaign automation: Automated campaigns can help increase lead generation and conversion rates. Implementing marketing automation software can help businesses gain a better understanding of their target audiences and reach more potential customers.

4. Artificial intelligence: artificial intelligence is a promising tool that helps companies gain insights into their customer base and improve their marketing strategies.

5. Personalization: B2B companies must have the ability to personalize their content and campaigns to attract and retain customers.

6. Mobile optimization: companies must ensure that their websites and content are optimized for mobile devices to provide a better user experience.

7. Search engine optimization: B2B companies must use search engine optimization (SEO) to achieve higher rankings in search engines and thus reach more potential customers.

8. Data analytics: data analytics enables companies to better understand what customers want and how they behave. With the right data analysis tools, companies can improve their marketing strategies to generate more sales.

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