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Latest News: Why PR monopolists and software dinosaurs will lose customers massively in 2023

12/23/2022 | 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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Earn money on the Internet - The best online business ideas for 2023

12/20/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Social media management

Social media management is one of the best ways to make money on the internet. You can offer services to businesses that need help managing and growing their social media accounts.

2. Blogging

Blogging is another great way to make money on the internet. You can write about the topics that interest you and generate income through ads, sponsored posts, affiliate marketing and other strategies.

3. Dropshipping

Dropshipping is one of the most profitable ways to make money on the internet. It allows you to build an online business without the risk of owning inventory. All you have to do is promote the products on your website and forward orders to a dropshipper who will ship the orders for you.

4. Affiliate marketing

Affiliate marketing is one of the most commonly used methods to make money online. They earn a commission by helping other businesses market products and services online.

5. Online courses

Online courses are a great way to make money online by sharing your knowledge and skills. You can create online courses that help your target audiences learn a skill or solve a problem.

6. Web design and development

Web design and development is another popular way to make money on the internet. You can use your skills to create or improve websites for businesses and individuals.

7. App development

App development is another great business to make money online. You can use your skills to create user-friendly apps that help businesses and individuals do their tasks more efficiently.

8. SEO Consulting

SEO consulting is another great way to make money online. You can help businesses optimize their websites to appear higher in search engine results.

9. Online tutoring

Online tutoring is another great way to make money on the internet. You can help students improve their knowledge in a particular subject and assist them in their learning process.

10. Digital products

Digital products are one of the best ways to make money on the internet. You can create e-books, digital courses, graphic designs, photos, videos and other digital products and sell them through your website, social media and other online platforms.

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Ads - Why you can't avoid A/B split testing in online marketing to avoid burning money

12/16/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A/B split testing is an effective way to find out which promotions work best. It allows you to test different variations of your promotions and choose some of them that work best. This way, you can spend your money wisely and make sure you're getting the most out of your online marketing. A/B split testing also helps you track the effectiveness of your campaigns and improve results. With A/B split testing, you can better understand your target audience and find out what appeals to them the most. This makes it easier for you to create campaigns that appeal to your target audience and give them what they want.
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How do I get coverage?

12/16/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Coverage can come in a variety of ways. Depending on how much time and money you want to invest in the project, you can get coverage through traditional media such as TV, radio, print media or online media such as social media, blogs or websites. You can also consider advertising and PR activities to attract attention and increase the reported value of the coverage.
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Why the PPC click price in online marketing will ruin you (and what you can do about it)

12/14/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

For years, the click prices for search engine advertising have only known one direction: up. In the B2B sector, PPC costs of 3-7 euros are not uncommon.

The PPC click price can ruin online marketing if it is not managed properly. If the click price is too high, it may be difficult to make a profit and the company may spend more money than it can earn. To reduce the risk that the PPC click price will ruin the online marketing, companies should carefully monitor and adjust the click price.

It is important to keep the click price as low as possible to get a higher return on investment. To do this, you can take a few steps:

1. Use the right keywords. Choose keywords that are relevant to your target audience and that are not too expensive. Also, avoid generic keywords as they sell at higher prices.

2. Test different keywords. Test different keywords to find out which ones work best. Compare the results and adjust the click price accordingly.

3. Optimize your content. Make sure your content is relevant, interesting and engaging. If your content is not engaging, users will not click on your ad.

4. Use targeting options. Use targeting options such as demographics, locations, interests, etc. to better reach your audience.

5. Use automated strategies. Automated strategies can help you optimize click price and return on investment.

By following these steps, you can control the PPC click price on your online marketing campaign and reduce the risk that it will ruin your marketing.

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