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What are the most pressing issues in online marketing?

09/08/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The most pressing problems in online marketing can vary over time, but some common challenges often remain. Here are some of the most common pressing issues in online marketing:

Data privacy and data protection regulations: With the introduction of laws such as the General Data Protection Regulation (GDPR) in the EU and similar regulations around the world, online marketers face the challenge of ensuring that they are properly collecting, storing and using users' personal data.

Search Engine Visibility (SEO): Constantly changing search engine algorithms make it difficult for companies to achieve good visibility in search results. Optimizing the website for search engines requires continuous adjustments and attention.

Ad blockers and ad blindness: more and more people are using ad blockers to protect themselves from online advertising. This makes it more difficult for brands to reach their target groups via ads. In addition, many users suffer from ad blindness, meaning they often simply ignore online ads.

Increasing competition: the online marketing landscape is extremely competitive. Businesses are struggling to capture users' attention in a flooded online world and to stand out from the competition.

Measurability and Attribution: Accurately measuring and attributing conversions to specific marketing activities can be challenging. Often, users use multiple channels and devices before taking an action, and properly attributing earnings is complex.

Social Media Algorithm Changes: Platforms such as Facebook, Instagram and Twitter regularly adjust their algorithms to present users with more relevant content. This can impact the organic reach of posts and requires brands to make adjustments to their strategies.

Mobile optimization: With the growing number of users using mobile devices, optimizing websites and content for mobile devices is critical. A poor mobile experience can negatively impact user engagement and conversion rates.

Content quality and saturation: High-quality, relevant content is critical to capturing the attention of the target audience. However, as more and more companies produce content, it can be difficult to create standout content that stands out.

Personalization and privacy: users increasingly expect personalized online experiences, but at the same time they are concerned about protecting their privacy. The challenge is to find personalized approaches that are ethical and privacy-compliant.

Technological developments: The rapid development of new technologies such as AI, voice search, and AR/VR opens up new opportunities in online marketing, but also brings with it the challenge of effectively integrating these technologies into marketing strategies.

This list is not exhaustive, as the online marketing landscape is constantly changing. Effectively addressing these challenges requires a combination of strategic thinking, continuous learning and adaptability.

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Finding and establishing press contacts - How and where do I find suitable editorial offices?

09/05/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The best way to find suitable press contacts is to use a journalistic directory service as a guide. Such a service lists editorial offices and their contact data. Another way is to use search engines such as Google or Bing. Simply type in the name of the editorial office, journal or medium to find the appropriate contact form. In addition, you can also use social networks such as Twitter, LinkedIn or Facebook to get in touch with editors. This will help you find and then build the right contacts.
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How can you get in touch with journalists or editors?

08/30/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

To get in touch with journalists or editors, there are several ways. Here are some steps you can follow:

Research: Identify the appropriate journalist:s or editor:s for the topic you want to talk about. Look at the articles they have written in the past to make sure they are relevant to what you want to talk about.

Media Website: Visit the website of the media organization for which the journalist(s) or editor(s) work. There you will often find contact details, including email addresses or contact forms.

Social media: Many journalists and editors are active on platforms such as Twitter, LinkedIn or Facebook. You can try to contact them through these channels. However, be sure to remain respectful and professional.

Email: If you have the journalist:s email address, you can write them a short, concise email introducing your issue and explaining why it is relevant to them and their readership.

Phone: In some cases, a phone call may be a good option to speak directly with the person. Make sure you do your research and prepare well before you call.

Press release: If you have something important or interesting to share, you can also write a press release and send it to the relevant media. Note that press releases should have a clear structure and contain important information in a compact way.

Events: Sometimes you can meet journalists or editors at events, conferences or press events. Use these opportunities to introduce yourself and start a conversation.

Network: Expand your network and join various journalistic associations or industry events. This will increase your chances of making contacts with journalists or editors.

It is important that you remain polite, clear and respectful in your communication. Journalists often receive many inquiries, so it is important that you present your request in a concise and understandable manner. Remember that not every contact attempt will be successful, but persevere if you have an important story or information to share.

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Why it is becoming increasingly difficult for B2B companies and service providers to cover their costs with Google advertising

08/25/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The digital advertising landscape has changed dramatically in recent years. Especially for B2B companies and service providers, it is becoming increasingly difficult to break even with Google advertising. In this article, we will look at the main reasons why these changes have taken place and what challenges this poses for B2B companies.

Growing competition:

The number of companies using Google advertising has increased significantly in recent years. As a result, competition for limited advertising space on search results pages and in Google Ads has increased significantly. As competition increases, so does the cost per click and per conversion, resulting in higher ad spend for B2B companies and service providers.

Rising click prices:

Click prices in Google Ads have risen sharply in many industries. Especially in B2B areas with expensive products or services, the cost per click can quickly skyrocket. It is becoming increasingly difficult for companies to find cost-effective keywords to reach their target audience.

Long sales cycles:

B2B companies and service providers often have longer sales cycles than B2C companies. Business customers tend to take longer to make decisions, which can lead to higher costs per conversion. Tracking conversions and accurately measuring advertising success becomes more complicated as a result.

Ad blockers and ad blindness:

More and more Internet users are using ad blockers to protect themselves from advertising. As a result, ads are less visible and thus less noticed. Even when companies invest in Google Ads, a significant portion of their target audience may not even see the ads.

Complexity of Google Ads:

Google Ads is an extremely complex advertising tool with many setting options and features. For small and medium B2B companies, it can be difficult to set up and optimize an effective advertising campaign, especially if there is no designated Google Ads expert in the company.

Shift to other platforms:

With the rise of social media and other advertising platforms, some companies are shifting their advertising budgets away from Google Ads. Depending on the target audience and industry, advertising on platforms such as LinkedIn, Facebook or specialized industry portals may be more cost-effective and targeted.

Conclusion:

B2B companies and service providers are finding it increasingly difficult to cover their advertising costs with Google Ads. Increasing competition, rising click prices, long sales cycles, ad blockers and the complexity of Google Ads are just some of the challenges they face. It is important that companies carefully rethink their advertising strategies and possibly consider alternative advertising platforms to effectively reach their target audience and achieve their marketing goals.

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Despite the economic downturn, digital advertising continues to grow. PwC study forecasts revenues of US$663 billion from digital advertising by 2027

08/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Despite economic uncertainties, the digital advertising industry remains on an impressive growth trajectory. According to a recent study by PricewaterhouseCoopers (PwC), global digital advertising revenues are expected to reach $663 billion by 2027. This encouraging scenario will particularly benefit companies that specialize in AI-powered solutions to automate and optimize digital marketing activities.

Last year, digital advertising proved to be a definitive growth factor in the entertainment and media industry. According to PwC's "Global Entertainment & Media Outlook 2023-2027," global revenues in this segment rose 8.0 percent to $484 billion in 2022. Although the pace of growth is expected to slow slightly in the coming years, the general upward trend will remain. PwC's estimates suggest that global Internet advertising revenue in the entertainment and media segment could grow at a compound annual growth rate of 6.5 percent through 2027, representing potential revenue of $663 billion.

Despite economic uncertainties, the digital advertising industry remains on an impressive growth trajectory. According to a recent study by PricewaterhouseCoopers (PwC), global digital advertising revenues are expected to reach $663 billion by 2027. This encouraging scenario will particularly benefit companies that specialize in AI-powered solutions to automate and optimize digital marketing activities.

Last year, digital advertising proved to be a definitive growth factor in the entertainment and media industry. According to PwC's "Global Entertainment & Media Outlook 2023-2027," global revenues in this segment rose 8.0 percent to $484 billion in 2022. Although the pace of growth is expected to slow slightly in the coming years, the general upward trend will remain. PwC's estimates suggest that global Internet advertising revenue in the entertainment and media segment could grow at a compound annual growth rate of 6.5 percent through 2027, representing potential revenue of $663 billion.

The positive forecast is based on the adaptation of advertising practices to the time customers spend on social media platforms, in apps, on retail platforms and on gaming websites. Digital advertising is becoming smarter, more efficient, more targeted, and more focused on specific incentives to buy.

The growth in digital advertising is expected to continue

An additional growth driver in the digital advertising industry is artificial intelligence (AI). The study by SRH Berlin University of Applied Sciences shows that almost 95 percent of the marketing managers surveyed are convinced that AI will play an increasingly important role in marketing tasks in their companies. AI makes it possible not only to generate advertising content on platforms such as Amazon, Google, Facebook and Microsoft at lightning speed, but also to adapt it optimally to the individual needs of the user.

The digital advertising industry is thus not only demonstrating resilience in the face of economic turbulence, but is also being strengthened by innovative approaches and technologies such as artificial intelligence. This opens up opportunities for companies to benefit from continued growth and offer advanced solutions for the changing world of digital advertising.

In the past year, digital advertising proved to be a significant growth factor in the entertainment and media industry. According to PwC's "Global Entertainment & Media Outlook 2023-2027," global revenues in this segment grew 8.0 percent to $484 billion in 2022. Although the pace of growth is expected to slow slightly in the coming years, the general upward trend will remain. PwC's estimates suggest that global Internet advertising revenue in the entertainment and media segment could grow at a compound annual growth rate of 6.5 percent through 2027, representing potential revenues of $663 billion.

The positive forecast is based on the alignment of advertising practices with the amount of time customers spend on social media platforms, in apps, on retail platforms and on gaming websites. Digital advertising is becoming smarter, more efficient, more targeted, and more focused on specific incentives to buy.

The growth in digital advertising is expected to continue

An additional growth driver in the digital advertising industry is artificial intelligence (AI). The study by the SRH Berlin University of Applied Sciences shows that almost 95 percent of the marketing managers surveyed are convinced that AI will have an increasing significance for marketing tasks in their companies. AI makes it possible not only to generate advertising content on platforms such as Amazon, Google, Facebook and Microsoft at lightning speed, but also to adapt it optimally to the individual needs of the user.

The digital advertising industry is thus not only demonstrating resilience in the face of economic turbulence, but is also being strengthened by innovative approaches and technologies such as artificial intelligence. This opens up opportunities for companies to benefit from continued growth and offer advanced solutions for the changing world of digital advertising.

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