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What are common sources of errors when setting up an online store?

06/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Insufficient testing phases: A good online store should be thoroughly tested before publishing to identify possible sources of errors.

2. Insufficient search engine optimization: an online store must be highly visible to search engines in order to achieve good visibility. For this, the right keywords, page titles and descriptions must be used.

3. Insufficient security: an online store should be protected against unauthorized access and data misuse. For this, security updates must be executed regularly.

4. Poor design: poor design may cause customers to be dissatisfied and leave the online store before making a purchase.

5. Inadequate customer service: an online store must provide good customer service to answer customer questions and concerns. This includes an efficient ordering process and competent advice.

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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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What do I have to pay attention to when placing online advertising?

05/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

When placing online ads, there are several factors you should consider to create a successful campaign. Here are some important points you should consider:

Define clear goals: Before you start running online ads, you should set clear goals. Do you want to generate more traffic to your website, make more sales or increase your brand awareness? Depending on the objective, there are different strategies and tactics to optimize your campaign.

Choose the right audience: select the audience most likely to be interested in your products or services. Use demographic, geographic, and behavioral data to define your audience and target your ads.

Use engaging ads: Create engaging ads with eye-catching headlines, appealing images or videos, and clear call-to-actions. Make sure your ads are relevant and engaging to your target audience.

Use the right keywords: use relevant keywords in your ad to ensure it is seen by the right people. Use keyword tools to find relevant and frequently searched keywords.

Monitor your campaign: regularly monitor the performance of your campaign to make sure it's getting the results you want. Analyze your click-through rate, conversion rate, and cost per click to see if your campaign is successful or if changes need to be made.

Test different ad versions: Create different ad versions with different headlines, descriptions, and ad extensions. Test these variations and analyze which ads work best. Use these insights to continuously improve your ads.

Pay attention to budgeting: make sure you keep an eye on your campaign budget and make sure you're getting the most out of your budget. Set bids to ensure that your ads are placed in the right place.

By keeping these points in mind, you can create a successful online advertising campaign that achieves your business goals and appeals to your target audience.

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Online ads: How to use them effectively to attract customers

05/17/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Online ads are an important part of any marketing strategy. Compared to traditional forms of advertising, they offer many advantages, such as specific targeting, better measurability and greater flexibility. In this article, we'll take a look at the different types of online ads and how to use them effectively to attract customers.

Types of online ads

There are different types of online ads, including:

Search Engine Ads: Ads that appear in the search results of search engines such as Google or Bing. These ads are often triggered by search terms or keywords.

Display ads: Ads that appear on websites, apps, or social media. These ads can take the form of banners, videos, or images.

Social media ads: Ads that are served on social media, such as Facebook, Twitter, or LinkedIn. These ads can be targeted based on user interests, demographics, or behavioral data.

Video ads: Ads that are displayed as short videos on YouTube or other video hosting platforms.

How to use online ads effectively

Define your audience: before you run ads, you need to define your audience. Who are your customers? What are their interests, needs, and pain points? The better you understand your audience, the more targeted and effective you can make your ads.

Choose the right platform: Each platform has its own advantages and disadvantages. Choose the platform that best fits your marketing goals and target audience.

Set a budget: Determine your budget and allocate it accordingly. Make sure you keep track of your budget and don't exceed it.

Create engaging ads: Create engaging ads that appeal to your target audience and provide value. Make sure your ads are clear, concise and visually appealing.

Test and optimize your ads: Test different ad variations and optimize them based on performance. Pay attention to metrics like click-through rate, conversion rate, and cost per conversion.

Conclusion

Online ads are an important part of any marketing strategy. By accurately defining your target audience, choosing the right platform, setting a budget, creating engaging ads, and continuously testing and optimizing your ads, you can effectively use online ads to attract customers and scale your business.

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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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