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What are typical mistakes in B2B customer acquisition?

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

When it comes to B2B customer acquisition, there are several mistakes that companies often make. Here are some typical mistakes:

Lack of target audience analysis: if you don't know exactly who your target audience is, you can't develop an effective acquisition strategy. A lack of target audience analysis often leads to you spending time and money on the wrong marketing channels and wasting your resources.

Too low lead quality: if you only focus on quick leads and don't qualify them well enough, this can lead to a low conversion rate. Take time to understand your prospects' needs so you can make sure you can actually help them.

Incorrect focus on sales pitches: When you focus solely on sales pitches during B2B customer acquisition, it can turn off potential customers. Instead, focus on how you can help customers solve their problems.

Poor follow-up strategy: if you don't keep in touch with potential customers, it can lead to a loss of the leads you've already acquired. Have a clear follow-up strategy to ensure that potential customers are not forgotten and stay in your mind.

Not enough patience: B2B customer acquisition requires patience and perseverance. It may take time before you see results, so it's important not to give up and keep at it.

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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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Sales writing and copywriting: How to convince with words

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

Whether it's on a website, in a newsletter, or in an ad, sales copy and copywriting are everywhere, with the goal of getting the reader to take a specific action. This can be the purchase of a product or service, but also registering for a newsletter or filling out a contact form.

But how do you write good sales texts? Here are some tips:

Know your target audience

Before you start writing, you need to know who your target audience is. What are their needs? What problems does your product or service solve for them? The better you know your target group, the more targeted and convincing you can formulate your messages.

Write clearly and concisely

Sales texts should be short and concise. Long, convoluted sentences can confuse and bore the reader. Also avoid technical jargon and complicated formulations. Instead, write in clear, simple language that everyone understands.

Use emotional language

Sales texts should not only inform, but also arouse emotions. People often make decisions based on feelings, not facts. Therefore, use emotional language to pique the interest and curiosity of your readers. Use strong verbs and adjectives to reinforce your messages.

Generate trust

People only buy from companies and people they trust. Therefore, it is important to inspire trust in your sales copy. For example, you can point out references or awards or offer a money-back guarantee.

Use a clear call to action

At the end of your sales copy, there should be a clear call to action that prompts the reader to take a specific action. Use active verbs such as "buy", "register" or "test". The call to action should be clearly visible and visually emphasized.

Test and optimize

A/B testing is a great way to find out which sales copy works best with your audience. Test different variants and then optimize your texts accordingly.

Conclusion: Sales texts and copywriting are an important component in online marketing and can make the difference between success and failure. Through the targeted use of emotional language, clear calls to action and building trust, you can convince your target group and increase your conversions.

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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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Van Life and Jobs for Digital Nomads

01/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

More and more people are choosing to leave traditional life behind and live in a van instead. This trend is also known as "Van Life".

Van Life allows many people to have more adventures, spend more time with nature, and have more flexibility in their lives.

However, most people who choose Van Life need to find a way to make a living. Fortunately, there are more and more opportunities for digital nomads to earn money while on the road.

Some examples of jobs that digital nomads can do are: Online freelancers, bloggers, web designers, social media managers, virtual assistants, online tutors and many others. There are also many ways to make money through online marketplaces like Fiverr.

There are also many other ways digital nomads can make money. These range from participating in crowdfunding campaigns to selling services to participating in surveys.

It is also possible for digital nomads to work in different countries, earning more money than they normally would. This is a great way to earn income while traveling the world.

In any case, it's important for digital nomads to fund their livelihood before embarking on a journey. There are many ways to do this, but it's important to develop a strategy before heading out.

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