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How does objection handling go about rebutting these and other objections in a phone call or email?

04/26/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Objection handling is an important step in convincing potential clients that the B2B agency's services add value and meet their needs. Here are some tips on how to rebut objections in a phone call or email:

Listen: Actively listen and make sure you fully understand the objection before responding. Be sure to clearly and concisely repeat the customer's objection to ensure that you have understood it correctly.

Demonstrate understanding: Show understanding of the customer's concerns and confirm that you understand his or her perspective.

Highlight benefits: make sure you clearly communicate the benefits of your services and how they meet the customer's needs. Make sure you also share specific examples or success stories that illustrate the benefits of your services. Make sure you share specific examples or success stories that illustrate the benefits of your services.

Provide answers: provide clear and concise answers to the customer's questions and concerns. If you don't have all the answers immediately, commit to researching them and providing them within a reasonable timeframe.

Provide alternatives: Offer alternatives to meet the customer's needs if your services are not exactly what they are looking for. For example, if you don't offer a service, you can recommend other companies or resources that can better meet his needs.

Build Trust: Build trust by providing clear, concise and honest answers to the customer's concerns. Make sure you meet the customer's expectations and give them a positive impression of your business.

Follow-up: Make sure you follow up after the conversation or email communication to ensure you have fully debunked any concerns the customer may have and to ensure they have the information they need to make an informed decision.

By actively listening, understanding, communicating clearly, and following up, you can convince potential clients that your B2B agency services will meet their needs and add value.

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What are avoidable mistakes when approaching the media?

04/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Here are some avoidable mistakes when approaching the media:

Lack of research: if you don't know the media representatives and the topics they cover, you may be sending the wrong information to the wrong people or not presenting your story in a way that is of interest to their target audience.

Unclear message: an unclear or overly complex message may result in your pitch not being understood by media representatives or your story not being interesting enough to be printed.

Poor communication: poor communication with media representatives, such as sending spam emails or ignoring requests, can result in your future efforts being ignored.

Unprofessional demeanor: Unprofessional behavior, such as making unreasonable demands or acting unprepared in interviews, can cause media representatives to lose interest in your story.

Inadequate preparation: not putting enough time and effort into your media approach can result in your story being incomplete or inaccurate, which can lead to negative reviews.

Lack of strategy: if you don't have a clear strategy for how you want to convey your story to media representatives, you may not get the results you want.

By avoiding these avoidable media outreach mistakes and having a clear strategy and message, you can successfully convey your story to media representatives and achieve positive coverage for your company or organization.

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What is a PR service?

04/10/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A public relations service is a range of services provided by companies or agencies to support clients' public relations (PR) efforts. PR service providers help companies, organizations or individuals improve their public perception and build a positive relationship with their target audience.

Typical PR services include:

Media relations: PR service providers help clients place their messages in the media by creating press releases and press texts and forwarding them to relevant journalists and media representatives.

Crisis communication: In the event of crises or negative events, PR service providers help their clients develop and implement measures to minimize or avoid damage to the company's reputation.

Content marketing: PR service providers help develop and distribute informative and entertaining content (e.g., blog articles, videos, social media posts) to enhance brand image and increase reach.

Event planning: PR service providers can also assist with event planning and execution (e.g., press conferences, product launches, galas) to increase brand awareness and strengthen relationships with target audiences.

The services and offerings of PR services can vary depending on the provider and customer needs. As a rule, PR service providers work closely with their clients to develop and implement individual PR strategies tailored to the client's goals and needs.

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What does a PR department do?

03/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A PR department is responsible for planning, implementing and monitoring measures to communicate and position a company, organization or individual. The main tasks of a PR department can be the following:

Developing PR strategies: The PR department develops strategic plans to improve a company or organization's image and manage public perception.

Media Relations: The PR department maintains relationships with journalists and members of the media to influence coverage of the company or organization and generate positive publicity.

Crisis communications: The PR department is responsible for crisis communications and works closely with other departments to respond quickly and effectively to crisis situations and minimize damage to the company or organization.

Content creation: the PR department creates and publishes content such as press releases, blog posts, social media posts, newsletters and other materials to spread the company or organization's message.

Event planning: the PR department organizes and plans events such as press conferences, trade shows, product launches and other events to increase awareness of the company or organization.

Internal communications: the PR department is also responsible for internal communications, informing employees about news and developments in the company or organization.

Overall, the PR department is responsible for maintaining the image and reputation of a company or organization and works to build and maintain a positive relationship with target audiences.

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The Pareto Principle in Customer Acquisition - How to Win More Customers with Simple Means

03/08/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The Pareto principle is an important tool for customer acquisition. It enables companies to identify those customers who bring the greatest benefit. By applying the Pareto Principle correctly, companies can acquire more customers while using their resources more efficiently.

The term Pareto principle was named after the Italian economist Vilfredo Pareto. Pareto noted that 80% of a country's income is allocated to 20% of the population. On this basis, Pareto established the Pareto Principle.

The Pareto principle states that 80% of the result is achieved by 20% of the activity. In customer acquisition, this means that companies generate 80% of revenue from the 20% of their best customers. Therefore, it is important that companies identify and target these 20%.

An easy way to apply the Pareto principle in customer acquisition is to analyze customer data. With the help of data analysis, companies can find out which customers generate the most sales. These customers can then be targeted and given preferential treatment.

Companies can also apply the Pareto principle to identify their customer segment. By segmenting customers according to various criteria such as age, income, occupation and interests, they can find out which type of customer generates the most sales. This group can then be selected as the target group for customer acquisition.

The Pareto principle can also be used to select the right advertising and communication channels. Companies can collect data on those channels that generate the most sales and then focus on using those channels.

The Pareto principle is a useful tool to help companies acquire customers. It helps companies identify those customers that bring in the most revenue and allows them to use their resources more efficiently. With the help of the Pareto principle, companies can acquire more customers and increase their sales.

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