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Online Marketing - Everything you need to know

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

In today's digital world, online marketing is an essential part of success for businesses of all sizes and industries. Online marketing includes all measures that help to advertise, sell and market products or services on the Internet. Here are the most important aspects of online marketing that you as a company should know:

Website Optimization: A well-optimized website is the cornerstone of a successful online presence. The website should have a clear structure and navigation, be mobile-friendly, and contain important keywords that align with the target audience and the company's services or products.

Search Engine Optimization (SEO): SEO refers to optimizing content to make it visible to search engines like Google or Bing. A good SEO strategy can help your website rank higher on search results pages, which can lead to more traffic and potential customers.

Content Marketing: This involves creating quality content such as blog posts, e-books, videos, and infographics that engage the target audience and provide them with useful information. By sharing content on social media or other platforms, businesses can increase their visibility and expand their audience.

Social media marketing: Social media offers companies the opportunity to interact directly with their target group and to inform them about news, products and offers. Choosing the right platforms and having a consistent presence can help increase engagement and build customer relationships.

Search Engine Marketing (SEM): SEM refers to paid advertising on search engines like Google AdWords. By placing ads on the search results pages, businesses can instantly drive more traffic to their website and engage potential customers.

Email Marketing: Sending emails to subscribed recipients can help increase awareness of products and services and build customer loyalty. It's important to send relevant and personalized content and to make sure the emails are readable on all devices.

Affiliate Marketing: Affiliate marketing is a partnership between a company and an affiliate who promotes the company's product or service and receives a commission for doing so. By working with affiliates, businesses can increase their reach and product sales.

These seven aspects of online marketing are just a fraction of what businesses can do to improve their online presence and attract more customers. It is important to develop a strategic and consistent marketing strategy that is aligned with the goals and needs of the company and the target audience.

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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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How to strengthen your image through communication and PR measures

02/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Be authentic: be honest and authentic in your communication and avoid exaggerating things. Authenticity is the key to building a positive image.

2. Publish content regularly: Publish interesting and informative content on a regular basis that supports your brand and your offering. This can be articles, blogs, press releases, videos and podcasts.

3. Use social media: be active on social platforms such as Twitter, Facebook, Instagram and LinkedIn. Share your content, interact with your followers and use the platforms to strengthen your image.

4. Create a homepage: Create a professional and engaging homepage that includes all the important information about your business and services.

5. Invest in the right PR: invest in a professional PR team to help you target your content and establish your image.

6. Be present: be present at trade shows, conferences and other industry events to strengthen your image and make new contacts.

7. Build networks: Build networks and connect with other individuals and companies in your industry. Share your knowledge and experience and benefit from the connections you make.

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Significantly increase the conversion rate with these simple measures

01/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Make sure your website is easy to navigate and user-friendly.

2. Integrate a unique call-to-action element on every page.

3. Create personalized content based on the interests and needs of your target audience.

4. Add a live chat window to help your visitors with questions and problems.

5. Create clear and compelling product descriptions.

6. Use conversion tracking tools to monitor and analyze the performance of your campaigns.

7. Make sure your website is optimized for mobile devices.

8. Add a social proof feature for your products and services.

9. Offer an attractive discount or reward system.

10. Create a secure and trustworthy payment system.

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PR reporting - What is the benefit of measuring the success of press relations measures?

01/05/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Measuring the success of press relations measures provides valuable guidance for companies to determine which measures are most effective. With the help of PR reporting, companies can find out how their campaigns and measures are perceived and how they affect the success of the brand. This includes the number of people reached, the number of placements, the number of references to the company or brand, the type of mentions, and the number of impressions. Using this information, companies can figure out which actions are most effective and adjust their campaigns accordingly.
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