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Company headquarters Rostock - What are the advantages and disadvantages?

06/08/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Rostock offers some advantages and disadvantages as a company headquarters. Here are some of them:

Advantages:

Good infrastructure:

Rostock has a good transport infrastructure with a port, an airport and well-developed road and rail links. This facilitates the transportation of goods and access to international markets.

Scientific and educational institutions: Rostock is home to a renowned university and other educational institutions. This provides access to well-educated professionals and facilitates collaboration with the academic world.

Educational facilities: Rostock is home to a renowned university and other educational institutions.

Quality of life: The city of Rostock offers a high quality of life with an attractive coastal location, historic architecture and a diverse cultural offering. This can help attract and retain qualified employees.

Lower cost of living: Compared to larger cities in Germany such as Berlin or Hamburg, the cost of living in Rostock is generally lower. This can be an advantage for companies, especially when choosing a location or housing employees.

Disadvantages:

Regional dependence:

Graphically, Rostock is somewhat removed from the major economic centers in Germany. This may mean that it is more difficult to reach business partners or customers outside the region. There could also be challenges in obtaining certain resources or services.

Limited market: Rostock has a comparatively smaller market size compared to large metropolitan areas. This could mean that companies may have limited opportunities for growth and expansion, or may need to focus on niche markets.

Skilled labor shortage: Although Rostock has educational institutions, it may still be difficult to attract highly skilled professionals in certain industries. Companies may need to make greater efforts to attract and retain qualified employees over the long term.

Limited industry diversity: Rostock is best known for its maritime, tourism, and food industries. Other industries may have more limited opportunities to locate in Rostock and benefit from synergies with similar businesses.

It is important to note that the advantages and disadvantages of Rostock as a company location may vary depending on the industry, company size and individual needs. It is advisable to conduct a comprehensive location analysis and consider the specific requirements of one's own company before making a decision.

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Why you can forget about other PR software providers in the future

05/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Public relations (PR) is a crucial area in marketing and corporate communications. It is about creating and maintaining a positive perception of the company, its products and services, and its employees and directors. In this day and age, there are many PR software providers on the market that offer various solutions for the PR industry. But why should you forget about them in the future and rely on other alternatives? In this article, we are going to talk about that.

First of all, we need to ask ourselves what PR software providers actually do. Most of them offer software platforms that enable PR teams and professionals to do their work more effectively and efficiently. These can be, for example, tools for monitoring media coverage to see where and how often the company is mentioned. It can also be tools to manage press releases or social media posts.

It's important to note, however, that most of these PR software providers are geared toward the needs of large companies. Small and medium-sized businesses often don't have the budget or resources to invest in these expensive software solutions. As a result, many companies resort to manual methods and Excel spreadsheets to manage their PR.

Another problem with these PR software providers is that they are often very complex and require a long learning curve. This is especially a problem for small businesses, as they may not have the time to devote to using this software in depth. This can result in the software not being used properly or even lead to additional frustration.

With our Media & PR Database we offer you a powerful and time-saving PR tool and THE alternative to expensive PR software or outdated Excel lists.

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What does a Data Consultant do?

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

A Data Consultant is an expert who helps organizations effectively use their data to make informed business decisions and improve performance. The responsibilities of a Data Consultant typically include:

Data Analysis: the Data Consultant analyzes and interprets data to identify trends, patterns, and relationships.

Data Management: the Data Consultant helps organize, integrate, and maintain data.

Data Visualization: the Data Consultant creates data visualizations such as charts, tables, and graphs to present the results of data analysis.

Advising: The Data Consultant advises companies on data-related issues and makes recommendations to improve business performance.

Training: The Data Consultant trains employees to ensure they can use data effectively.

A Data Consultant must be knowledgeable in statistics, programming, and database technology. In addition, he or she must be able to solve complex data-related problems and develop strategic solutions for the business.

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What is the test customer strategy?

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

The test customer strategy, also called mystery shopping, is a market research method in which companies use test customers (mystery shoppers) to check the service and quality of their products. The test customers act as undercover customers and visit the company, buy products or use services, and then give a detailed report about their experience.

The test customer strategy is an important tool for measuring customer satisfaction and identifying weaknesses in service. Companies use this method to ensure that their employees are providing customers with appropriate advice and good service, in order to maintain the company's reputation and build customer loyalty.

The test customer strategy is commonly used in various industries such as retail, hospitality, banking and insurance.

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How to create a press kit

03/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A press kit is an important tool for providing information about a company or organization to journalists and other interested parties. A press kit should contain all the important information about the company or organization, such as the company itself, its products or services, its history, its executives and employees, its recent achievements and awards, and its contact information. Here are some steps to create a press kit:

Start with a cover page: a cover page should include the company or organization's name, logo and contact information. This gives readers a quick overview of the press kit.

Include a summary: A summary should be short and concise and summarize the key points of the press kit. This gives readers a quick overview of the company or organization.

Add a company background: a company background should include a brief summary of the company's history and purpose. Information about the company's founding, mission and vision can also be included here.

Include information about products or services: this information should provide an overview of the company's products or services and their benefits. Information about new products, upcoming products, or new product enhancements can also be included here.

Add information about executives and employees: this information should include a brief biography of the executives and employees. Information about awards and accomplishments can also be included here.

Include information on awards and recognitions: this information should include a list of the company's recent awards and recognitions. Information about certifications or accreditations can also be included here.

Add media content: media content such as photos and videos can provide a visual representation of the company or organization. Links to high-resolution photos or videos can also be included here.

Add contact information: contact information should include the names, email addresses, and phone numbers of the company or organization's contacts. This information should also be easy to find on the company or organization's website.

Package everything in an attractive press kit: the press kit should be packaged in an attractive design. A well-designed press kit can help create a positive perception of the company or organization.

A press kit is an important tool for providing information about a company or organization to journalists and other interested parties. You can use the steps above to create an informative and appealing press kit.

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