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Why real companies post fake jobs - THIS is really behind it

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

In today's digital era, where jobs are fiercely contested and competition in the job market is ever-increasing, many job seekers are struggling with a disturbing trend: real companies posting what appear to be fake jobs. These are job openings that look appealing, but in reality do not exist or have already been filled internally. Such a practice may seem ethically questionable at first glance, but there are a few reasons why companies resort to it. In this article, we'll take a look behind the scenes and find out what's really behind it.

Building talent pools:

One of the main motivations for real companies to post fake jobs is to build a qualified talent pool. By collecting applications for non-existent jobs, they can identify potential candidates and store them in their database. Later, when a suitable position becomes available, they can immediately access this pre-qualified pool and speed up the recruiting process.

Image building and market research:

Posting job ads, even if there are no immediate plans to hire, can serve to strengthen the company's image as an attractive employer. Additionally, they gain insight into the labor market, demand for specific skills, and competition in the industry.

Covert investigations:

In some cases, fake job ads can also be used by real companies to spy on employees or competitors. For example, by mentioning specific skills or technologies in the ad, they can check if their competitors are looking for similar skills or if internal information is leaked.

Budgets and compliance:

Sometimes companies need to spend their HR management budgets to avoid cutting their funding for the next year. By posting job ads and interviewing candidates, they can justify their budgets and may receive increased funding in the future. In addition, some companies must meet certain regulatory requirements and receive a minimum number of applications for certain positions.

Flexibility and planning ahead:

The world of work is dynamic and ever-changing. Companies can maintain flexible workforce planning by advertising fake jobs. This allows them to respond quickly to unexpected staffing needs without losing valuable time on job postings.

Although the practice of posting fake jobs is considered unethical by some, real companies may actually have legitimate reasons for doing so. It is important to emphasize that companies should not deceive or mislead their applicants. Communication should be transparent, and applicants should be notified early on if the job is no longer available.

For job seekers, it remains advisable to be vigilant when applying for a job. Research companies in advance, check their online presence, and use personal networks to learn about potential employers. That way, you can focus your time and effort on seizing real job opportunities and advancing your career.

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CRM software in 2023: Focus on revenue strength and vendor landscape

08/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In 2023, Customer Relationship Management (CRM) plays a prominent role in the business world. Advancing digitalization has increased the importance of effective customer management, and CRM software has established itself as an indispensable tool. In this article, we take a look at the sales figures and vendor landscape in the CRM software sector.

Market Overview: Revenue growth and trends

The CRM software market is witnessing steady growth in 2023 as companies worldwide increasingly rely on these solutions to optimize their customer relationships. According to data from market research firm Gartner, global CRM software revenue was approximately $48.2 billion in 2020. This trend is set to continue, with revenues expected to exceed $80 billion by 2025.

Some of the defining trends in 2023 include:

Customer centricity: companies are increasingly focusing on the needs and wants of their customers. CRM software makes it possible to centrally manage customer information and design personalized interactions.

Customer centricity.

Artificial intelligence and automation: integrating AI and automation into CRM software improves efficiency in data collection, analysis, and customer communication. Predictive analytics is used to predict customer behavior and provide personalized recommendations.

Multi-channel communication: Customer interactions today take place across multiple channels. CRM software enables seamless integration of communications across email, social media, live chats, and more.

Vendor landscape: diversity and competition

Vendors of CRM software are diverse, offering solutions for companies of many different sizes and industries. Both established players and emerging companies contribute to the diversity of the vendor landscape.

Leading CRM software vendors in 2023 are:

Salesforce: One of the pioneers in the CRM space, Salesforce offers a wide range of solutions, from sales to marketing to customer service.

Microsoft Dynamics 365: Microsoft's suite offers comprehensive CRM capabilities and seamless integration with other Microsoft products.

HubSpot: Known for its user-friendly platform, HubSpot covers sales, marketing and customer service.

Zoho CRM: Zoho offers an affordable, feature-rich solution that caters to both small and large businesses.

Oracle CRM: Oracle offers scalable CRM solutions for companies of all sizes with a focus on artificial intelligence and data analytics.

The vendor landscape in CRM software is characterized by competition and innovation. Companies have the ability to choose from a wide range of solutions that meet their unique needs.

The CRM software market in 2023 continues to grow, reflecting the growing importance of customer relationship management in today's business environment. The diversity of vendors and the integration of advanced technologies such as AI and automation underscore the transformation of this critical industry.

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How can startups & founders use ChatGPT in everyday life?

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

Startups and founders can use ChatGPT in a variety of everyday ways to optimize their business processes, support customers and develop innovative ideas. Here are some examples:

Customer communication and support: Startups can integrate ChatGPT into their websites or applications to provide 24/7 customer support. ChatGPT can answer frequently asked questions, solve problems, and provide guidance without requiring human interaction:

Product Advice: ChatGPT can help potential customers choose the right product or service. It can answer questions about features, benefits, and pricing to support the sales process:

Idea development: founders can use ChatGPT to generate creative ideas for new products, features or business models. By giving the model information about their industry and goals, they can receive inspiring suggestions:

Content creation:

Startups can use ChatGPT to create content for their blogs, social media or marketing campaigns. The model can generate articles, posts, promotional copy and more:

Market Research:ChatGPT can be used to answer research questions or provide insights into market trends. It can analyze data, interpret statistics and provide industry information:

Prototyping and development:

When developing new products or features, startups can use ChatGPT to prototype or sketch user interfaces. It can also help with troubleshooting and debugging:

Internal Communication:

ChatGPT can be used in internal communication tools to help team members with questions or problems. It can also serve as a knowledge base by providing information on internal processes and policies:

Translation and Localization: when startups operate internationally, ChatGPT can assist with translating content or adapting to different cultures and languages:

Business Intelligence: by analyzing data and generating reports, ChatGPT can provide insights into business performance metrics that are important for decision-making:

Task Automation: ChatGPT can automate repetitive tasks, such as scheduling meetings, composing emails, or managing appointments:

It is important to note that while ChatGPT has many useful applications, it is not perfect and in some cases may require human supervision or editing to ensure accurate and appropriate results.:

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The transformation of the PR software industry in 2023: Sales figures and provider focus

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

The public relations (PR) industry has undergone a remarkable transformation in recent years, with PR software playing a central role in addressing its changing needs. In 2023, the PR software market has evolved to offer a wide range of solutions for businesses. We take a closer look at revenue figures and the vendor landscape to understand the dynamics of this emerging sector.

Market Overview: Revenue figures and trends

The PR software market is witnessing a remarkable revenue growth in 2023, as organizations are increasingly turning to these technologies to optimize their communication strategies. According to data from market research firm Statista, global PR software revenue was approximately $4.8 billion in 2020. This revenue is expected to rise to over US$7 billion by 2025, highlighting the high growth potential of this sector.

Formative trends in 2023 include:

Artificial intelligence and automation:

An increasing number of PR software vendors are integrating AI and automation to increase efficiency in data analysis, content development and media contact identification. This is leading to increased demand for such solutions.

Real-time analytics: Companies are increasingly demanding real-time analytics capabilities to respond quickly to current events and trends. This has driven the development of tools that provide real-time data and offer quick insights into the performance of PR campaigns.

Integration of Social Media: The importance of social media in PR communications has led to increased integration of social media data into PR software. This allows companies to better manage their online reputation and more effectively engage with their target audiences.

Social media integration is a key component of PR software.

Vendor landscape: diversity and competition

The vendor landscape in PR software is extremely diverse, with numerous companies developing innovative solutions to meet the diverse needs of customers. There are established companies as well as emerging startups that are intensifying competition.

Leading vendors in 2023 include:

Cision: With a wide range of tools, including media monitoring, influencer identification and real-time analytics, Cision is a key player in the industry.

Meltwater: Meltwater stands out for its comprehensive media monitoring and analytics, covering traditional media and social media.

PR Newswire: This provider focuses on press release dissemination and offers tools to monitor media coverage.

TrendKite (now part of Cision): TrendKite stands out by using AI to identify trends in media coverage.

Prezly: Prezly is known for its tools for managing media contacts and creating engaging online press releases.

The number of vendors in the PR software industry has grown steadily, indicating the increasing interest in these technologies. While established companies dominate, innovative startups have the opportunity to gain market share through unique solutions and approaches.

The PR software market is growing rapidly.

The PR software market in 2023 is characterized by rising revenue figures and a diverse vendor landscape. Companies are increasingly turning to these technologies to improve their PR strategies and succeed in a changing media landscape.

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ChatGPT in public relations - These application areas exist

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

Chatbots like ChatGPT find various applications in public relations (also called public relations or PR). Here are some examples:

Customer communication: chatbots can be used on websites or social media to interact with customers, answer questions, offer support, and provide information about products or services.

Crisis communications: during a crisis or emergency, chatbots can be used to communicate quick and consistent information to the public. This can help curb rumors and maintain people's trust.

Media inquiries: chatbots can help journalists and members of the media quickly access press releases, fact sheets, or other relevant information.

Event announcements: Chatbots can be used to announce events, webinars, conferences, or press conferences and register interested attendees.

Content dissemination: Chatbots can help journalists and media representatives quickly access press releases, fact sheets, or other relevant information.

Content dissemination: chatbots can share content such as blog posts, articles or updates via social media to increase the reach and visibility of PR content.

Market research: chatbots can gather feedback from customers and target audiences to gain insights into their opinions, concerns and desires. This information can be used to adjust PR strategy.

Image cultivation: Chatbots can help promote a positive image of a company or organization by continuously sharing positive information and stories.

Personalization: by analyzing user behavior and interests, chatbots can provide personalized recommendations for content or products, deepening the relationship between the organization and its target audience.

Storytelling: Chatbots can tell stories or provide interactive experiences to increase audience engagement and deliver brand messages in an entertaining way.

Data collection and analytics: chatbots can collect valuable data about user behavior, interactions, and preferences that can be used in PR strategy and market research.

Follow-up and tracking: After press releases or articles are published, chatbots can be used to perform follow-ups to see how well certain messages are being received or if there are any queries. The chatbots can also be used to track the response of users to a press release or article.

It's important to note that while chatbots can provide many public relations benefits, they also need to be implemented carefully to ensure they provide relevant, useful, and authentic interactions.

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