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Direct marketing instead of expensive ads - How to grow faster and build more new customers without online advertising

12/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Avoid expensive forms of advertising. There are a number of ways you can grow and build more new customers without expensive advertising. For example, use email marketing to generate new leads or targeted direct mail campaigns to reach out to prospects.

2. Use social media. Social media has become a great platform to attract and reach new customers. Use social media to promote your services and strengthen your brand.

3. Create a strong presence in your niche. You can also build your brand by creating a strong presence in your niche. For example, use blogs, forums, or podcasts to promote your brand and services.

4. Build strong customer loyalty. Another way you can grow and build more new customers without expensive advertising is to strengthen customer loyalty. This includes things like customer rewards programs, regular newsletters, sweepstakes, and more.

5. Create educational and entertainment content. Educational and entertainment content is another way to reach customers and build a strong brand. By providing high-quality content, you can strengthen your brand and attract new customers.

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How to gain more contacts with inbound marketing

12/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Inbound marketing is a very effective tool to gain contacts. It helps you to attract qualified contacts who are interested in your business and services.

1. Create a unique and relevant website: Create a website that is unique, easy to navigate and relevant to your target audience. Use content that adds real value to your visitors. This content can be in the form of blogs, whitepapers, eBooks, videos and much more.

2. Use social media: use social networks such as Facebook, Twitter, Instagram and LinkedIn to gain more contacts. Post relevant content to engage your target audience.

3. Use email marketing: use email marketing to grow your contact list and reach your target audience. Create relevant emails that are unique and informative to gain more contacts.

4. Use PPC and display ads: Use pay-per-click and display ads to gain more contacts. Set up ads on relevant websites and search engines to reach potential customers.

5. Create a lead magnet: Create a lead magnet to attract more leads. It can be a whitepaper, eBook or checklist that attracts your target audience.

With these tips, you can use inbound marketing to attract more leads. Use these strategies to reach more potential customers and strengthen your brand.

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What measures you should take to optimize your sales funnel and increase the conversion rate

12/19/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The actions you should take to optimize your sales funnel and increase conversion rates depend heavily on your industry, your goals, and your customers.

One way to optimize your sales funnel and increase conversion rate is to track and measure performance indicators. These can help you track your success and identify where improvements can be made. Some key performance indicators you should track are:

1. Lead generation: how many leads is your company generating?

2. Lead qualification: what percentage of leads generated are qualified?

3. Lead conversion: what percentage of qualified leads converted?

4. Lead nurturing: how long does it take for a lead to convert?

5. Customer activation: what percentage of customers are active?

6. Extended sales: How much revenue are you generating from extensions and upsells?

In addition to tracking these performance indicators, you should also take some other measures to optimize your sales funnel and increase your conversion rate. Some of these actions are:

1. Create relevant and engaging content to inform your customers about your offer and encourage them to make a decision.

2. Optimize your sales funnel by offering customers a unique experience, such as personalized content, free trials, and free advice.

3. Test and optimize your campaigns to ensure they are tailored to your target customers.

4. Run A/B tests to measure the effectiveness of your campaigns.

5. Build an effective follow-up system to ensure that all customers considering your offer receive the right information.

6. Conduct customer surveys to gather feedback on your offering, service and brand.

These are just a few of the actions you can take to optimize your sales funnel and increase conversion rates. Depending on your industry, goals, and customers, you may need to take additional measures.

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What are the marketing metrics?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Click-through rate: measurement of the number of clicks made on an ad or link.

2. Conversions: measuring the number of purchases or sign-ups that result from an advertising campaign.

3. Traffic: measurement of the number of visitors landing on a website.

4. Cost per click (CPC): Cost per click, which is the cost of clicking on an ad.

5. Return on investment (ROI): Measurement of the profit or loss generated by an advertising campaign.

6. Gross media value: Measurement of the value a campaign generates for a company.

7. Engagement rate: measurement of the number of interactions a user has with a campaign.

8. Social media reach: measurement of the number of users reached by a campaign.

9. Net promoter score (NPS): measurement of user satisfaction with a campaign.

10. Lead generation: measurement of the number of leads generated by a campaign.

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What is lead qualification?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Lead qualification is a process of thoroughly evaluating potential customers (leads) to determine if they are a good fit for a company. It involves conducting research and conducting interviews to determine if the lead can be a potential customer. This process can also be used to measure lead quality to ensure the company is only pursuing the best leads for its marketing.
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