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Media & PR Database we offer you a powerful and time-saving PR tool and THE alternative to expensive PR software or outdated Excel lists.

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How to develop a strong communication strategy

05/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Determine your goals: Before you develop a strong communications strategy, you must first determine what your goals are. This may be a goal related to marketing your business, sales, customer satisfaction, or some other goal.

2. Determine your target audience: a strong communication strategy will target a specific audience. So if you know who your customers are, you can make better decisions about your communications strategy.

3. Choose the right channels: Communication channels are key to achieving your goals. Choose the ones that best fit your target audience and are best suited to your goals.

4. Develop a clear and simple message: a clear and simple message is key to communicating with your target audience. Make sure your message is clear and easy to understand.

5. Measure results regularly: To measure the effectiveness of your communication strategy, you need to review the results regularly. This can be a simple comparison of sales before and after implementing the communication strategy.

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Customer acquisition in B2B: the most common problems and how to solve them

05/03/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Customer acquisition in B2B is a complex matter and can be challenging for many companies. Here are some of the most common issues B2B vendors face and how to solve them:

Unclear target audience

A common problem with B2B customer acquisition is an unclear target audience. Companies often struggle to define their target audience and align their marketing and sales activities with it. This leads to ineffective campaigns and low ROI.

Solution: Companies should precisely define their target group and align their marketing and sales activities accordingly. This includes developing buyer personas, describing the ideal customer, analyzing the market and conducting market research.

Lack of lead qualification

Another common problem is the lack of lead qualification. Companies often have many leads, but only a few are actually ready to buy or establish a business relationship. This leads to an ineffective sales process and low ROI.

Solution: companies should ensure they qualify their leads before passing them on to sales. This includes verifying contact information, identifying decision makers, and assessing leads' interest and readiness to buy.

Lack of personalization

Another common problem is the lack of personalization in marketing and sales activities. Companies often use generic approaches to target potential customers, resulting in low relevance and response rates.

Solution: Companies should ensure that they personalize their marketing and sales activities to address the needs and interests of their potential customers. This includes the use of personalized emails, targeted advertising campaigns and a customized approach.

Lack of follow-up processes

Another common problem is the lack of lead follow-up and customer relationship management. Companies often lose touch with potential customers and existing customers, resulting in a loss of business opportunities and customer loyalty.

Solution: companies should ensure they have follow-up processes in place to nurture potential customers and strengthen existing customer relationships. This includes using CRM systems, scheduling follow-up activities, and communicating with customers and prospects on a regular basis.

Conclusion:

Customer acquisition in B2B can be challenging, but with a clear target audience definition, qualified leads, personalized marketing and sales activities, and a well-designed follow-up process, companies can improve their customer acquisition and drive business growth. By identifying and addressing these common issues, B2B vendors can optimize their marketing and sales strategies and achieve more successful results.

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ChatGPT in online marketing: How AI chatbots improve customer retention

05/02/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Chatbots have had a huge impact on online marketing over the past few years. They enable companies to create a personalized experience for their customers while reducing their customer service costs. The advent of ChatGPT (Generative Pre-trained Transformer) has made chatbots even more effective.

ChatGPT is an artificial intelligence technology trained on large amounts of data to simulate human-like interactions. It can also be used to automate and simplify certain tasks. In online marketing, chatbots with ChatGPT technology are used to automate customer service and create personalized experiences for customers.

An advantage of chatbots using ChatGPT technology is that they are able to have natural conversations with customers. They can better understand customers' needs and preferences and provide personalized recommendations and offers based on the data they have collected about the customer. In addition, they can also help the customers to solve problems and help them navigate through the company's website or app.

ChatGPT-based chatbots can also help reduce customer service costs. Because they are able to automatically answer many customer queries, a company can reduce or at least relieve the pressure on its customer support team. This can result in significant savings in labor costs and enable the organization to focus its resources on other areas.

Additionally, ChatGPT-based chatbots can also help increase customer engagement. Because they are able to engage in personalized interactions with customers, they can handle customer queries faster and more effectively than a human customer service representative. This leads to customers feeling that their needs are taken seriously, which in turn can lead to greater loyalty to the brand.

In summary, ChatGPT-based chatbots are a powerful addition to the online marketing toolset. They can help companies create a personalized customer experience, reduce customer service costs, and increase customer engagement. While they cannot completely replace human workers, they can help businesses operate more effectively and efficiently, and ultimately attract and retain more customers.

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What are objections from prospective buyers of PR databases that keep you from buying?

04/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several objections from potential prospects of PR databases that may prevent them from buying. Here are some examples:

Too expensive: Price is often a deciding factor in the purchase decision. If the price of a PR database is perceived to be too high, it may cause potential customers to refrain from purchasing it.

Lack of relevance: Another objection could be that the PR database does not contain the relevant information that the potential customer needs. If the database does not contain the desired information or the data is outdated, the potential customer may not be willing to purchase it.

User-friendliness: The user-friendliness of the PR database is another important factor. If the database is difficult to navigate or use, this may cause potential customers to refrain from purchasing it.

Publicity.

Privacy: Privacy concerns may also cause potential customers to refrain from purchasing a PR database. If the database is not secure and there is a risk that sensitive information may be compromised, potential customers may be hesitant to purchase it.

Public Relations: Privacy concerns may also make potential customers reluctant to purchase a PR database.

Requires special skills: If using the PR database requires special skills that the potential customer does not have, they may be unwilling to buy it.

Inadequate customer support: if the PR database vendor's customer support is inadequate or does not provide assistance in using the database, this may make potential customers unwilling to purchase it.

It is important to address these objections and convince potential customers that PR databases will meet their needs and provide them with value. Effective marketing can help to overcome these objections and convince potential customers that PR databases are the right choice.

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