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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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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 is the target group understanding?

04/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Audience understanding refers to the ability of a company or marketing campaign to understand and respond to the needs, wants, and expectations of the target audience. Audience understanding is an important aspect of marketing because it enables effective marketing messages and strategies to be developed that are tailored to the specific needs and desires of the target audience.

Audience understanding includes analysis of demographic characteristics such as age, gender, education, and income, as well as psychographic factors such as personality, values, interests, and lifestyle. It also includes an examination of the needs and problems that the target audience has and how the company's product or service can meet those needs.

A good understanding of the target audience allows a company to more effectively tailor its marketing messages by matching the language, tone, and content of the message to the needs and interests of the target audience. This allows the company to increase the likelihood that the target audience will respond to the marketing message and become interested in the product or service.

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What is organic lead generation (OLG)?

04/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Organic lead generation (OLG) refers to the practice of attracting potential customers in a natural and non-paid way by creating content and offers that are relevant and interesting to them. Unlike paid lead generation, which involves placing ads to drive traffic to a website, organic lead generation uses strategies such as search engine optimization (SEO), content marketing and social media engagement to drive traffic to the website and attract potential customers. The goal is to generate high-quality leads by convincing potential customers of your products or services, rather than flooding them with advertising.
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Establishing journalist contacts - How to get into trade media

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

If you want to be featured in trade media as an expert, there are some steps you can take to improve your chances. Here are some tips on how you can build journalist contacts and get into trade media:

Identify relevant media and journalists: find out which media and journalists are active in your industry and what topics they cover. Follow their articles and posts and pay attention to their interests and focus.

Make contacts: try to build personal relationships with journalists. Email or call them to introduce yourself and express your interest in their work. Make sure you are friendly and professional and don't send pre-written press releases.

Offer relevant content: When speaking with journalists, offer relevant and interesting content that may be of interest to their audience. Be prepared to share your views and opinions and explain how your expertise can help shed light on a particular story or topic.

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