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News / Blog: #online-marketing

The importance of influencer marketing for your business

07/19/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Influencer marketing has become one of the most important online marketing strategies in recent years. It involves getting people with a large following on social media platforms to promote products or services. But why is influencer marketing so important for your business? Here are some reasons:

Trust and credibility

Influencers have built a strong connection with their followers and are often considered experts in a particular field. By working with an influencer, your business can gain the trust and credibility of your target audience. An influencer's recommendation can play a big role in convincing potential customers to try your product or service.

Reach and visibility

Influencers often have a large number of followers on various social media platforms. By working with an influencer, your business can leverage that reach to gain more visibility. Publishing posts about your business can lead to increased traffic to your website and more exposure for your business.

Target your audience

Influencers often have a specific audience that they target. By working with an influencer, you can ensure that your product or service is targeted to the right audience. By doing so, you increase the likelihood of reaching potential customers who are interested in your product or service.

Creativity and innovation

Influencers are often very creative and have a good sense of what works with their followers. By working with an influencer, you can benefit from that creativity and innovation. An influencer can help your business come up with new ideas for marketing campaigns and products.

Conclusion

Influencer marketing can be a very effective online marketing strategy to promote your business. By working with an influencer, you can gain trust and credibility, increase reach and visibility, target your audience, and benefit from the influencer's creativity and innovation. Before you decide to work with an influencer, however, make sure the influencer is a good fit for your business and your values.

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Why is no one signing up for my lead form?

07/17/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several reasons why no one is signing up for your lead form. Here are some possible causes and solutions:

Too many fields: If your form has too many required fields, it can deter potential customers. Try to ask for only the essential information and keep the form short and simple.

Unclear message: if the benefits of your offers or information about your products or services are not presented clearly enough, it can be difficult to capture the interest of potential customers. Review your landing page and ensure that key benefits and information are presented clearly and compellingly.

Lack of credibility: if your landing page doesn't appear trustworthy, it may cause potential customers to avoid filling out the form. Make sure your landing page is professionally designed, emphasizes the trustworthiness of your brand, and includes customer reviews and third-party ratings.

Technical issues: If your form has technical issues or doesn't function properly, customers may be prevented from completing it. Verify that the form is loading smoothly and that it is working correctly.

Incorrect offer: If the offer on your landing page is not relevant or attractive enough to potential customers, it may prevent them from filling out the form. Check if the offer on your landing page is relevant and appealing, and adjust it if necessary.

Lack of reach: if your landing page is not getting enough traffic, this can lead to no one filling out the form. Improve your reach by using targeted online marketing to drive more traffic to your landing page.

By considering these factors and making adjustments to your lead form where necessary, you can increase the likelihood that more potential customers will sign up.

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Statistical methods: A guide to their application

07/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Statistical methods are an important part of many areas of science and everyday life. Whether testing the effectiveness of a new drug treatment, examining the relationship between different variables, or making decisions based on data, statistical methods help us extract relevant information from data and draw informed conclusions.

Here is a summary of some of the most important statistical methods and how they can be applied:

Descriptive Statistics: Descriptive statistics is a basic approach to analyzing data in which the data is described by statistical measures such as mean, median, standard deviation, and range. These measures help to understand the distribution of the data and identify trends.

Inferential Statistics: Inferential statistics allows us to infer a population from a sample. It uses probability and hypothesis testing to make inferences about the entire population based on data drawn from a sample.

Regression Analysis: Regression analysis is a method of studying the relationship between a dependent variable and one or more independent variables. It helps to quantify the influence of different factors on a dependent variable.

Time Series Analysis: Time series analysis is a method of examining data collected over a period of time. It helps to identify trends, seasonal patterns, and random fluctuations in the data and to make predictions about future trends.

Multivariate Analysis: Multivariate analysis includes a variety of methods for examining data that consists of multiple variables. It helps to identify and understand complex relationships between different variables.

The application of statistical methods requires an understanding of the underlying mathematical concepts and the proper interpretation of results. It is important to note that statistical methods are only as good as the quality of the data on which they are applied. Careful data collection and analysis are therefore essential to obtain accurate results.

In today's world, we have access to ever-increasing amounts of data that can be analyzed by computer programs and machine learning algorithms. Combined with the right statistical methods, we can gain valuable insights from this data and make informed decisions.

Conclusion:

Statistical methods are an indispensable tool for analyzing data and gaining insights.

I hope this article has been able to provide some insight into the importance of statistical methods and their application in online marketing. By collecting data and applying statistical methods, you can make decisions on a solid basis and optimize your marketing strategies. It is important to understand the underlying mathematical concepts and interpret the results carefully in order to draw meaningful conclusions.

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How high should the CPM be in online marketing?

06/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The CPM (thousand-contact price) in online marketing can vary greatly depending on various factors. There is no set rule or standard amount for the CPM, as it depends on many different variables. Here are some factors that can affect the CPM:

Target audience: the type of audience you are trying to reach can affect the CPM. For example, it may be more expensive to target a specific and high-value audience.

Ad format: the ad format you choose also plays a role. Different formats such as display ads, video ads, search engine advertising, or native advertising have different cost structures.

Platform: The choice of advertising platform influences the CPM. Well-known platforms such as Google Ads, Facebook Ads, or LinkedIn Ads have different pricing models and price ranges.

Demand and supply: the CPM is also influenced by the demand and supply in the advertising market. When demand for advertising space is high and supply is limited, this can lead to higher CPM prices.

Seasonal fluctuations: In some industries, there are seasonal fluctuations that can affect CPM. Prices may be higher during peak periods or at certain times of the year.

It is important to note that CPM is not the sole measure of the success of an advertising campaign. Other factors such as campaign objectives, targeting, and ad effectiveness also play an important role.

It's best to conduct a comprehensive analysis of your specific requirements, target audiences and budgets, and then set an appropriate CPM accordingly. It can be helpful to consult with experts in online marketing to make an informed decision.

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Build a landing page - What you should pay attention to

05/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A landing page is a web page that users reach after clicking on an ad or link. The landing page should provide users with relevant information and a clear call-to-action to motivate them to take a specific action, such as registering, making a purchase, or getting in touch. Here are some tips on what to look for when creating a landing page:

Target audience and objective: Before you start creating the landing page, you should be clear about your target audience and your objective. What do your users expect from the landing page? What do you want to achieve with the landing page?

Clarity and clarity: the landing page should be designed in a simple and clear way to allow users to quickly find their way around. Use clear and simple language, structure the content in short paragraphs and use meaningful headings and bulleted lists.

Responsive design: the landing page should display well on all devices, i.e. desktop computers, tablets and smartphones. Use a responsive design to ensure that the page displays optimally on all devices.

Call-to-action: The landing page should contain a clear call-to-action that makes it clear to users what they should do next. Use engaging buttons or links to make it easy for users to contact you or make a purchase.

Build trust: To gain users' trust, display testimonials, customer reviews or certifications on the landing page. This way, you can show users that your offer is reputable and reliable.

Conversion tracking: to measure the success of your landing page, you should set up conversion tracking. This way, you can track how many users actually performed the desired action.

Test and optimize: Test your landing page regularly and optimize it continuously to improve the conversion rate. Use A/B testing to test different variations of the landing page against each other to get the best results.

A successful landing page requires time, patience and a certain amount of experience in online marketing. However, by considering the above tips, you can create a landing page that will delight your users and lead to conversions.

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