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Digital new customer acquisition - a strategic necessity for companies in the 21st century

11/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In an increasingly digitalised world, companies are faced with the challenge of reaching and acquiring their customers in new ways. Digital customer acquisition has proven to be one of the most effective ways to succeed in today's business world. But what exactly is behind this term and why is it so important?

Digital customer acquisition refers to the targeted use of digital channels and technologies to make potential customers aware of your company and ultimately convert them into new customers. This process involves a variety of activities, including the use of social media, search engine optimisation (SEO), content marketing, email marketing and much more. The goal is to increase the company's visibility online and generate qualified leads that become paying customers.

Why is digital customer acquisition so important? For one thing, people are spending more and more time online, be it on social media, websites or apps. This gives companies the opportunity to address potential customers exactly where they are. On the other hand, digitalisation makes it possible to address target groups more precisely. By analysing data and using target group information, companies can personalise their marketing efforts and send relevant messages to the right people.

Another strength of digital customer acquisition lies in its measurability. Companies can track exactly which measures are working and which are not. This enables continuous optimisation of the marketing strategy and efficient use of the budget.

There are various approaches to digital customer acquisition, depending on a company's industry and objectives. Some rely on social media marketing to achieve a wide reach and build customer relationships. Others focus on search engine optimisation to be found better in organic search results. Content marketing, which involves sharing relevant and valuable content, is also a popular method of generating interest and demonstrating expertise.

However, digital customer acquisition is not a sure-fire success. It requires a well thought-out strategy, continuous adaptation to changing trends and technologies and a willingness to invest in the necessary resources. It is a competitive advantage for companies that can successfully master these challenges and utilise the opportunities of the digital world.

At a time when digital transformation is advancing in all industries, digital customer acquisition has become a strategic necessity. Companies that can seize this opportunity and engage their customers online are well positioned to succeed in today's economy.

All in all, it is clear that digital customer acquisition is far more than just a trend - it is a key to growth and competitiveness in the digital era.

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What is customer acquisition?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Customer acquisition is the process by which companies acquire new customers. It includes direct approaches, cold calling, telephone canvassing, online marketing and other activities aimed at acquiring new customers. Customer acquisition is an important part of customer retention and is often used in combination with other marketing and sales activities to increase customer satisfaction and drive sales.
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How to develop a successful sales strategy

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Understand your target customers: To develop a successful sales strategy, you must first understand your target audience. Get an overview of what needs your target group has and what your products or services can solve for them.

2. Define your sales goals: Before you start developing your sales strategy, you need to have a clear understanding of what you want to achieve. Goals can be sales figures, market share, or number of new customers. They will help you map out your strategy and take action to help you achieve those goals.

3. Develop a sales plan: After you have clearly defined your goals, it's time to develop a sales plan. This plan will include all the steps you need to take to achieve your goals. Remember that your plan should be specific and include specific actions and activities.

4. Measure your success: Once set up, you need to execute your sales plan and measure the results of your efforts. Measure your success using metrics such as revenue, new customer acquisition, and customer retention. This way you can see if your strategy is having the desired success and where improvements need to be made.

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Back to the roots - How to achieve more in the long term with these dead-end customer acquisition strategies

12/04/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Customer loyalty: Make your customers an offer they can't refuse. Give them bonuses and discounts if they buy from you repeatedly. This strengthens your customer loyalty and helps to gain satisfied customers.

2. Network: Use your network to attract new customers. Reach out to your customers, partners, suppliers and colleagues to tell your story.

3. Cross-selling: give your customers the chance to buy more products or services from you. Offer similar or complementary products and increase your sales.

4. New customer acquisition: use different methods to acquire new customers. For example, use advertising, online advertising, social media or direct marketing.

5. Events: Host events and functions to attract more customers. This can be a conference, a seminar or a trade show.

6. Content marketing: create interesting and quality content to attract more customers. Use different platforms to draw more attention to your business.

7. Customer testimonials: Encourage your customers to recommend your business. This is an effective tool to attract new customers.

8. Customer service: provide excellent customer service. This creates a positive image of your company and helps you attract more customers.

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Win new customers

06/14/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Many founders and businesses struggle to regularly attract new customers to your offering. Have the following points in mind to develop the right new customer acquisition strategy:

1. Create an attractive and appealing offer.

2. Build a network and use social media to promote your business.

3. Create a rewards program to reward the loyalty of your existing customers.

4. Offer free or low-cost trials of your products or services.

5. Create an engaging email marketing campaign.

6. Run sweepstakes and contests.

7. Use affiliate marketing to spread your offer to new customers.

8. Offer discounts to customers to encourage them to buy.

9.Build a testimonial program to spread the word about your business.

10. Develop a strong online presence to make your business more visible.

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