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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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What are typical mistakes when distributing press releases?

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

Here are some typical mistakes that companies can make when disseminating press releases:

Not having a clear objective: As with creating the press release, it is important to have a clear objective when it comes to disseminating it. If you don't know what you want to achieve, you won't be able to take targeted action.

Wrong distribution channels: a press release should be distributed through the right channels so that it reaches the right target audience. If you distribute your press release through channels that are not used by your target audience, it will not receive attention.

Insufficient research: if you target the wrong journalists, editors or publications, your press release will not be noticed. Carefully research which journalists and media are relevant in your industry and send your press release to them specifically.

Impersonal address: If you send your press release with a general address such as "Dear Sir or Madam", it will often be ignored. Personalize your address and include the name of the journalist or publication.

Incorrect timing: If you send your press release at an inappropriate time, it may not get noticed. Pay attention to current issues and events in your industry and send your press release at an appropriate time.

Don't follow up: It is important to contact recipients after sending the press release. If you don't follow up, you won't receive any feedback or coverage.

By avoiding these typical mistakes when distributing press releases, companies can increase their chances of successful publication and coverage.

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What are typical mistakes in online marketing?

02/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

No clear strategy: A clear and well thought-out strategy is the key to success in online marketing. Without a clear idea of who the target audience is, what the goals are, and what tactics to use, marketing can be unfocused and ineffective.

Incorrect targeting: incorrect audience definition can result in marketing efforts being directed to the wrong people, wasting time and money.

Poorly designed landing pages: the landing page is where a visitor is supposed to be converted into a customer. If the landing page is not clearly and invitingly designed, it will be difficult to convert visitors into customers.

Poor content: Content is the key to success in online marketing. Poorly written or irrelevant content can cause potential customers to stop engaging and turn away from the brand.

Ignoring Mobile Optimization: more and more people are using mobile devices to browse the internet. A lack of mobile optimization can result in potential customers being deterred from using the website.

Lack of analysis and adaptation: success in online marketing requires continuous analysis and adaptation to the changing needs of the target audience and the market. If analysis and adaptation do not take place, marketing can quickly become outdated and ineffective.

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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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What are mistakes when placing ads for potential B2B customers with Google Ads?

02/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many mistakes advertisers can make when advertising to potential B2B customers on Google Ads. Here are some common mistakes:

Unclear or imprecise ad copy: Ad copy should accurately describe what the company offers and how it can be used by potential customers.

Failure to target the right audience: advertisers should ensure that they target their ads to the right people who are interested in their products or services.

Lack of keyword usage: Advertisers should select relevant keywords and include them in their ad copy to ensure that their ads are displayed to the right people.

Poorly designed landing pages: advertisers should ensure that their landing pages are designed in an appealing way to attract potential customers and make them take an action.

Insufficient budget: Advertisers should ensure that they have enough budget to run their ads throughout the day to reach the maximum number of potential customers.

Lack of monitoring and adjustment: advertisers should monitor and adjust their ads regularly to ensure they are getting maximum results and using their budget effectively.

Neglect of competition: advertisers should keep an eye on the competition on Google Ads and optimize their ads accordingly to compete with other ads.

Lack of measurement and analysis: Advertisers should measure and analyze their ad performance to understand which ads are more effective and what changes need to be made to achieve better results.

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