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How to create PR content for the different target groups

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

1. Identify your target audience: Before you start, you need to find out who your target audience is. To do this, you may need to conduct market research and segment your target audience based on various criteria. This segmentation can be by age, gender, occupation, income and other factors.

2. Design a messaging strategy: after you know who your target audience is, you need to figure out what messages you want to communicate. To do this, you need to determine a clear focus and decide what content you want to target using PR tools.

3. Create PR content: After you are clear about your messaging strategy, you need to create the content you want to publish. This can be press releases, blog posts, videos, infographics, images or other types of content.

4. Make sure the content is tailored to the target audience: After you create the content, you need to make sure that it is tailored to your target audience. The content should be relevant, informative and entertaining for the target audience.

5. Publish the content: After you have created the content, you need to publish it through the right channels to reach the target audience. This can include social media platforms, press portals or even your own website.

6. Measure the results: After the content is published, you need to take the time to measure the results. This can be the number of clicks, likes or shares your content receives. This way you can see if your PR campaign was successful.

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Why most burn money in online marketing

03/02/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several reasons why many people lose money in online marketing. Here are some possible factors:

Insufficient knowledge and experience: many people start an online marketing business without having sufficient knowledge and experience in the field. For example, they may focus on a particular strategy or technique without understanding how it can be integrated into a broader marketing plan.

Lack of clear goals and strategies: another reason why many people lose money in online marketing is that they do not have clear goals and strategies. They may start without an elaborate plan and hope that things will take care of themselves.

Competition: competition in online marketing is often fierce and it can be difficult to stand out. If a business is not able to differentiate itself from the competition, it can be difficult to attract customers and be successful in the long run.

Poor targeting: Another common mistake in online marketing is that companies don't know their target audience well enough or target the wrong audience. For example, if a company offers products or services that are not relevant or interesting to a particular target group, it will have difficulty attracting customers.

Lack of measurability and optimization: In online marketing, it is important to measure and constantly optimize results. If a business is unable to measure and optimize its campaigns, it will struggle to improve its effectiveness and save money.

These factors can cause businesses to lose money in online marketing. It is important to consider these factors and develop a clear strategy to be successful in online marketing.

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Tutorial: Running Google Ads for B2B Vendors, Agencies & Service Providers

02/27/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Placing Google Ads ads for B2B suppliers, agencies, freelancers and service providers. What you must pay attention to

Step 1: Objective and keyword research

Before you start placing ads, be clear about what you want to achieve. Define clear goals, such as increasing the number of visitors to your website, generating leads or increasing sales. Based on these goals, you should conduct your keyword research to identify relevant keywords that you can use in your ads.

Step 2: Create a campaign

To create a Google Ads campaign, you must first sign in to your Google Ads account. Click the "Create Campaign" button and select the goal you want to achieve. You can choose between goals such as "More website hits", "More calls", "More conversions" or "Product and brand awareness".

Step 3: Create ad groups.

After you have created a campaign, you should create ad groups. Each ad group should target a specific keyword or group of keywords. Create ads that align with each keyword to ensure they are relevant to the user's search query.

Step 4: Create ads

Create relevant ads that highlight the benefits of your offer. You should match your ads with the keywords in the ad group to make sure they are as relevant as possible. Use clear and concise language to attract the attention of potential customers. Make sure your ad includes a clear call-to-action that encourages the user to click on your ad and visit your website.

Step 5: Set budget and bid

Before you place your ads, you should set your budget and bid. You can set a daily budget to make sure you keep costs in line. You should also set a bid for your keywords to make sure your ads are placed in the right place.

Step 6: Select target audiences and locations

Select the audiences and locations that are most relevant to your ads. You can select geographic audiences to ensure that your ads are only shown to users in specific regions. You can also use demographic data to ensure that your ads are only shown to specific age groups or genders.

Step 7: Monitoring and optimization

Monitor your ads regularly to make sure they are getting the results you want. Analyze your performance and optimize your campaign by swapping out ads, adding or removing keywords, and adjusting bids. Track your conversion rates and adjust your strategy accordingly. It's important to measure the success of your ads and constantly optimize to make sure you're meeting your goals.

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What are the customer acquisition costs in B2B?

02/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The cost of customer acquisition in B2B can vary widely and depends on many factors, such as the industry, the company, the target audience, the sales channel, and the type of marketing activity.

Some common marketing activities in B2B include digital marketing campaigns such as Google Ads ads, advertising in trade magazines, direct marketing, cold calling, networking events and trade shows. The cost of these activities can vary widely, ranging from a few hundred dollars to several thousand dollars or even higher, depending on the tactics used and the intensity of the campaigns.

Especially due to the high click prices in the B2B area (= products & services to corporate customers) of up to 15 € per click and associated lead prices of several dozen euros to several hundred euros, strong optimization and testing measures are required to not burn the marketing budget.

An important factor in determining the cost of B2B customer acquisition is also customer lifetime value (CLV), or the expected revenue a customer will generate throughout the relationship with the company. If the CLV is high, higher customer acquisition costs may be justified.

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What are typical beginner mistakes when designing and running Google Ads?

02/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Wrong keyword selection: Keyword selection is critical to the success of your Google Ads campaign. Avoid choosing keywords that are too general or focusing on only a handful of keywords. Instead, use keyword tools to find relevant and specific keywords related to your product or service.

Insufficient budget: having too little budget can result in your ads not being displayed enough times, and therefore not generating relevant clicks. It is important that you budget enough to make your ads visible and drive potential customers to your website.

Lack of landing page optimization: When you run a Google Ads ad, it is important to make sure that the landing page you link to is relevant and user-friendly. Otherwise, you risk users leaving your site quickly and you won't achieve success.

Missing ad extensions: Ad extensions are an important part of Google Ads. They can help make your ad more eye-catching and informative. Use the various ad extensions to include additional information like opening hours, location, and phone number in your ad.

Lack of conversion tracking: without conversion tracking, you can't accurately measure which ads are successful and which are not. Use Google's conversion tracking tool to see which ads are leading to conversions on your website and adjust your campaign accordingly.

Not monitoring regularly: It is important that you monitor and adjust your Google Ads campaign regularly. Otherwise, you run the risk of your ads becoming ineffective and wasting valuable budget.

No targeting: Use the various targeting options to ensure that your ads are played out to the right users. Otherwise, you risk your ads being served to people who are not interested in your product or service.

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