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News / Blog: #evaluate

How do I get into the media?

02/15/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
There are many ways to get into the media. First, evaluate your skills and experience and consider which media outlets will best showcase you. Then, try to connect with editors and producers to showcase your skills. It may be helpful to create a professional portfolio or website to market your profile. Another way to get media exposure is to build a presence on social networks like Twitter or Facebook. Finally, you can also write in professional journals or online publications to raise your profile.
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Press & Media Relations as a B2B Supplier - How to Create Competitive Advantages

01/11/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Do you want to gain a competitive advantage as a B2B supplier? Then you should consider investing in press and media relations. With professional press and media relations, you can put your company in the public eye and inform your audience about what you have to offer. This will give you a competitive edge over your competitors.

First, you need to find out which target groups you want to reach. Then you can choose the appropriate media, channels and formats to get your message across to the right people. This could be print and online media, social media platforms, blogs, podcasts, videos or professional events.

Once you have a media package in place, you can create a press release that describes your company, your offering and your message. Publish the press release to relevant media outlets and social media platforms. If you want to target a professional audience, you can also publish press conferences, interviews or professional articles.

In addition to publishing your media content, you can also participate in events and represent your company there. This is a good opportunity to establish direct contact with potential customers and strengthen your brand.

In conclusion, it is important to monitor and measure your results. This will help you determine which media content and activities have produced the best results and evaluate the effectiveness of your strategy.

With the right press and media relations, you can gain a competitive advantage as a B2B supplier and put your company in the public eye. Invest in the right media, publish the appropriate content and participate in events to strengthen your brand. This is how you create a sustainable competitive advantage.

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Recognizing trends early on and using them for your own business models

12/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Recognizing trends early on and using them for your own business models can be the key to long-term success. There are a few different ways that companies can identify trends early on.

First, companies should evaluate various data sources to gain a better understanding of current industry trends. These include industry reports, market research reports, economic forecasts, social media and other Internet resources. This data can then be used to identify patterns and provide early warning of potential trends.

Second, companies should also analyze the opinions and experiences of their customers. By analyzing customer feedback, surveys and other data, companies can identify early trends that are developing among their customers.

Third, companies should also develop innovative solutions to existing problems. By developing new technologies and ideas, companies can identify trends early on and use them to their advantage.

Finally, companies can also monitor the competition. By monitoring developments in the industry and the competition, companies can identify trends early on and use them for their own success.

Identifying trends early on and using them for one's own business models can be an important factor in a company's long-term success. By using data analysis, customer feedback, innovations, and competitor monitoring, companies can identify trends early on and use them for their own purposes.

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The Dunning Kruger Effect and the German Coaching Scene - And what the Greater Fool Theory has to do with it

12/04/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The Dunning Kruger Effect is a psychological phenomenon that states that people who have little knowledge in a particular subject tend to be overconfident about their abilities in that area. The effect was named after psychologist David Dunning and psychologist Justin Kruger, who conducted a study on the subject in 1999.

The Dunning Kruger Effect may be an important concept when it comes to the German coaching scene. Many coaches are not aware of their skills and competence and may have exaggerated self-assessments. This can lead to coaching results that are not fully achieved and clients that are not fully satisfied.

Another concept that is relevant in relation to the Dunning-Kruger effect and the German coaching scene is the Greater Fool theory. This theory states that people who do not have the necessary knowledge to evaluate a decision are easily manipulated by others who tell them that a certain decision is wise. This can lead to wrong decisions that are not in the best interest of the coachee. Therefore, it is important that coaches have the necessary knowledge to make the right decisions.

In terms of the German coaching scene, it can be said that the Dunning-Kruger effect and the Greater Fool theory can have a serious impact on the quality of coaching results. Coaches who do not have sufficient knowledge can easily make the wrong decisions, which can lead to poor results for coachees. Therefore, it is important for coaches to have sufficient knowledge to achieve quality coaching results.

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Properly design and implement B2B sales funnels to maximize conversion rate

11/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Identify relevant target groups: Identify the right target groups that are best suited for your product or service. Define the key characteristics, personas and needs of your target audience. This step will help you choose the right approach for B2B sales.

2. Create a detailed marketing strategy: create a detailed marketing strategy that focuses on the defined target groups and is tailored to their needs. Define your core message and the channels on which you want to disseminate it.

3. Design a powerful B2B sales sequence: design a powerful sales sequence that allows easy navigation and helps your prospects navigate through the sales process. This sequence should clearly communicate the core message and provide an easy path to conversion.

4. Perform testing and optimization: Conduct regular testing and optimization of the sales process. Test different variations of your core message to see which works best. Also test different elements of your sales sequence to see how it affects conversion rates.

5. Evaluate and adjust the strategy: regularly evaluate the results and adjust the strategy if necessary. This is an ongoing process that can help you maximize the conversion rate and convert your leads.

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