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What mistakes can you easily avoid when building your own online store?

06/05/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Avoid overloading: avoid including too many elements or animations on your website, as this can increase loading times and affect the user experience.

2. Avoid poor navigation: make sure your navigation is simple and intuitive. If customers can't find what they're looking for quickly and easily, they'll be more likely to turn to another store.

3. Avoid bad search functions and filters: a good search function and filter options help customers to quickly find what they are looking for.

4. Avoid poor loading times: Load times are an important factor when it comes to whether or not customers stay on your site. If the page doesn't load fast enough, customers are more likely to bounce.

5. Avoid poor design: Make sure that your online store has a modern and appealing design. A poor design is quickly perceived as unattractive and can deter customers.

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Maximum effect at the lowest possible cost - How the Media & PR Database 2023 revolutionizes your press work

06/01/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The PR and software industry is facing fundamental change. While the future of PR monopolists and software dinosaurs is uncertain, smaller, non-established companies and start-ups are expected to gain large market shares in the coming years. We explain why this is so and what implications it will have for the industry below.

First of all, it is important to understand that PR monopolists and software dinosaurs are increasingly prevented from innovating and developing new technologies. This is because they focus their resources on improving existing products and services rather than breaking new ground. As a result, they are unable to adapt to the ever-changing demands and expectations on the industry, making them less and less competitive.

On the other hand, smaller companies and startups are likely to play a bigger role in the market because they have the resources and agility needed to adapt quickly to new trends. This means they are more likely to be able to develop innovative products and services that are one step ahead of the competition.

In addition, customers are becoming more demanding and want more services for less money. This means that PR monopolists and software dinosaurs will have a harder time attracting and retaining customers because they won't be able to offer the same quality and service at an affordable price.

In short, over the next year or two, it is likely that the established PR software vendors will lose customers, while smaller companies and startups will gain a larger market share. This will lead to a fundamental shift in the industry as new technologies and services are developed that offer real value to customers.

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Press Release Distribution for Startups

05/30/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

If you want to create a press distribution list for your startup, you can take the following steps:

Identify your target audience: Before creating a press mailing list, you should make sure you know your target audience. Think about who your target audience is and what media they read or follow.

Research relevant media: Research the media that is relevant to your target audience. Look for publications that have covered similar topics in the past and can reach the target audience of your PR campaign.

Collect contact details: Once you have identified relevant media, you need to collect the contact details of the journalists, editors and other important contacts. Check media websites to find contact information, or search LinkedIn for journalists and other relevant contacts.

Make a list: Make a list with the contact details of the relevant media and contacts. The list should include each contact's name, position, and contact information.

Maintain your list: It's important to keep your press mailing list up to date by regularly checking for changes in contacts. Remove outdated contacts and add new ones.

Personalize your outreach: When you're ready to send out your press releases, make sure to personalize your outreach. Use journalists' names in your emails and be aware of why you think your message is relevant to them and their audience.

Track your outreach: After you've sent out your press release, you should make sure you track your outreach. Send follow-up emails or call the journalists to make sure your message got through.

Leverage Social Media: Use social media to draw journalists and media attention to your startup. Publish updates about your startup on your social media channels and tag journalists and media that may be relevant to your startup.

Build relationships: Build long-term relationships with journalists and media by regularly connecting with them and providing them with interesting and relevant information.

By following these steps, you can build a press distribution list for your startup and attract media attention to your business. It takes patience and perseverance to succeed, but it can be a valuable way to get your startup known and reach potential customers.

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How can I promote and sell complex products or products that require explanation?

05/24/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Promoting and selling complex products or products that require explanation can be challenging, but requires a focused strategy. Here are some steps that can help you:

Target audience analysis: analyze your target audience and understand their needs and requirements. Also consider how they prefer information and how they respond to different marketing methods.

Storytelling: an effective way to promote complex products is to use storytelling techniques. Tell stories that focus on your product and show how it can solve your target audience's problems and needs.

Use of videos: Videos are a great medium to explain complex products. You can create step-by-step guides or tutorials to demonstrate your product. Using animations or infographics can help illustrate complicated technologies or processes.

Expert opinions: Use expert testimonials to persuade your target audience. Publish testimonials or case studies that show how your product can solve problems and add value.

Customer feedback: Show feedback from satisfied customers to convince potential customers of your product. Use platforms like social media to collect and share customer feedback.

Personal contact: Offer potential customers a face-to-face consultation or demo to help them understand your products and answer questions.

Content marketing: create relevant content that appeals to your target audience and provides useful information. Use blogs, infographics, podcasts, or white papers to explain complex topics and engage potential customers.

Promoting and selling complex products or products that require explanation can be challenging, but with the right strategy and a well-thought-out plan, you can succeed.

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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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