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What role does social media play in online marketing?

09/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Social media play a crucial role in online marketing. They offer companies the opportunity to communicate directly with their target audience, build brand awareness and promote products or services. Here are some of the most important roles social media plays in online marketing:

Brand awareness and outreach:

Social media allows companies to make their brand accessible to a wide audience. By creating company profiles and posting content, businesses can increase their reach and engage potential customers:

Customer communication.

Customer communication and customer service: social media provides a platform for companies to engage directly with their customers. Customers can ask questions, give feedback or report problems. Fast and effective customer communication is an important part of online marketing to gain customers' trust and build long-term relationships.

Content sharing and virality: social media allows businesses to share content such as blog posts, videos, infographics, etc. with their target audience. If the content is relevant and engaging, it can be quickly shared and spread by users, which can lead to viral effects. This increases brand visibility and can lead to a wider reach and more traffic to the website.

Targeted advertising: Social media offers advanced targeting options to deliver ads to specific audiences. By selecting demographic characteristics, interests, and behaviors, companies can target their ads to those users most likely to be interested in their products or services. This helps increase the efficiency and ROI of marketing campaigns.

Influencer marketing: social media has enabled the emergence of influencers, who have built a strong following and can recommend products or services through their platforms. Companies can work with influencers to promote their brand and spread their message to their followers.

Overall, social media plays a central role in online marketing as it allows businesses to connect directly with their target audience, increase brand awareness, improve customer engagement, and enable targeted marketing.

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Press contacts for more success & visibility - Inform now

09/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Press relations is an important component in achieving success and visibility. A good press contact can help you send your message to the right people and get you the attention you and your business need. Press contacts are an effective way to spread your brand and increase your reach. They can help get your brand out in the media, build a positive image and educate the public about your company.

Press contacts can help you market your brand, make your brand more visible and increase your reach. They can help you achieve your goals and help you get your brand in the media. A good press contact can help you present your brand and company in the best light and build a positive image.

There are many ways to find press contacts. One way to find a press contact is to use social media platforms like Facebook and Twitter. You can also use other online networks such as LinkedIn, Xing and Pinterest to build a network. You can also seek out press agencies or look for press contacts at events such as trade shows and conferences.

Once you've found some press contacts, make a professional impression and create a professional email campaign to promote your brand and business. Make sure your email campaign includes the right language, tone and information to achieve your goals. Be honest and open when communicating with your press contacts, and show how important your brand is to you.

Press contacts can be an important part of your marketing strategy. Finding press contacts that are a good match for your brand and your company can greatly enhance your brand and your reach. It's important to take the time to find the right press contacts so you can get the best results possible.

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The best lead sources in B2B 2023 at a glance

09/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Google Ads: With Google Ads, companies can reach their target audience directly through search and display ads.

2. LinkedIn Ads: LinkedIn now provides a powerful platform for B2B companies to connect with their ideal customers.

3. Content marketing: content marketing remains one of the most effective ways to generate leads in B2B markets.

4. Social media: social media campaigns are an important part of the lead generation process in B2B.

5. Email marketing: email marketing is another effective lead generation strategy that B2B companies can use.

6. SEO: SEO is one of the best ways to drive more traffic to your website to generate more leads.

7. Webinars: Webinars are a very effective lead generation method in B2B.

8. Referral Programs: Referral programs are an excellent way to generate more leads.

9. Trade shows and conferences: Trade shows and conferences are a great way to attract new customers.

10. Networks: a good network can be a valuable source of leads in B2B.

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Generating media interest - More media presence with a small budget

09/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Use free social media - Be active on various platforms to reach your audience. Post content regularly and use hashtags to reach your audience.

2. Be creative and think about low-cost advertising options - Print flyers and distribute them in your neighborhood or create a unique campaign that puts your brand in the spotlight.

3. Create a website - A professional website is a cost-effective way to showcase your business. You can post your content, images and videos on it to attract your audience.

4. Create sweepstakes - Sweepstakes are a cost-effective way to attract attention and reach your audience. Remember that the prize of your campaign must be relevant and attractive to your audience.

5. Organize events - Events are a great way to attract more attention to your business. Plan events that will engage your audience and use them to tell more about your business.

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Customer acquisition cost in the B2B sector - What it costs to acquire a new customer

09/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Customer acquisition costs in B2B depend on various factors, including the type and size of the company, the marketing activities used, the various negotiation processes, and the time required to acquire a new customer. A company can typically expect costs in the range of 500 to 5,000 euros per customer, depending on how complex and involved the negotiation process is. Costs for creating promotional materials, running events and creating social media campaigns may also be incurred.
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