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People brands: How to position yourself as a brand

08/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's world, it's more important than ever to position yourself as a brand. Especially for people who are in the public eye, such as artists, influencers or entrepreneurs, it is of great importance to build a strong personal brand. Here are some reasons why person brands are so important:

Differentiate yourself from competitors

A strong person brand helps you stand out from your competitors. There are many people who have similar talents or skills as you. When you build a strong person brand, you can ensure that you stand out from the competition and attract potential customers or fans to you.

Build trust

A strong persona brand can help build trust with your customers or fans. By positioning yourself as a brand, you can clearly communicate your values and beliefs, which will help you connect with your target audience. People buy from people they like and trust.

Add value

A strong personal brand can help increase your value. When you're known as a brand, you increase your chances of being noticed by the public, which can lead to more customers or fans. A strong personal brand can also help you charge higher prices for your services or products.

Career opportunities

A strong person brand can also help you create or expand career opportunities. When you are known as a brand, you increase your chances of being discovered and approached by companies or other influencers. A strong person brand can also help you be seen as an expert in your field.

How do I build a strong personal brand?

Building a strong person brand takes time, patience and hard work. Here are some steps you can take to build your person brand:

Define your goals and values: Think about what goals you want to achieve and what values are important to you. This information should be clearly communicated in your brand.

Create an engaging online presence: A strong online presence is essential to be perceived as a brand. Create a website or blog and use social media to spread your message.

Be authentic: A strong personal brand is based on authenticity. Be honest and open with your customers or fans and stick to your values and beliefs.

Build a community: A strong persona brand requires a loyal fan base. Use social media and other platforms to build a community and connect with your customers or fans.

Provide value: A strong personal brand provides value to its customers or fans. Think about how you can add value to your target audience through your services, products or content. Conclusion

A strong person brand can be of great importance to many people, especially those who are in the public eye. A well-built persona brand can help you stand out from the competition, build trust with customers or fans, and increase value. If you want to build a strong persona brand, you should define your goals and values, create an engaging online presence, be authentic, build a community, and provide value. With hard work, patience and a smart strategy, you can build a successful personal brand.

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What are the biggest mistakes when selling a business?

08/01/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Insufficient preparation: sellers who do not invest sufficient time and effort in researching and preparing for the sale of the business are prone to making mistakes.

2. Unclear price expectations: If the seller doesn't have a clear idea of how much they want to get for their business, it can be difficult to get a realistic price.

3. Lack of expertise: A seller who does not have the expertise needed may not be able to ask the right questions to close a successful deal.

4. Insufficient documentation: a seller who does not provide all relevant documents and records may have a hard time closing a deal.

5. Lack of communication with investors: If a seller is unable to communicate convincingly to investors or answer important questions, it can slow down the sales process.

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Online coaching: How you can work successfully online as a coach

07/25/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Digitalization has led to more and more people working and learning online. Online coaching is one of the opportunities that digitalization has created. As an online coach, you have the opportunity to work with people from all over the world and help them achieve their goals. Here are some reasons why online coaching is so popular:

Flexibility

Online coaching offers flexibility for both the coach and the client. As a coach, you have the ability to work from anywhere in the world as long as you have a stable internet connection. Clients have the option to work from home or from a location of their choice.

Accessibility

Online coaching has become more accessible to people who have not had the opportunity to work with a coach in person due to distance or other reasons. Digitization has created the opportunity for anyone with an internet connection to find and work with a coach.

Cost savings

Online coaching is often more cost-effective than in-person coaching. Since the coach does not have the cost of a physical office or travel to clients, they can offer their services at a lower price.

How do I build a successful online coaching practice?

A successful online coaching practice requires hard work, patience, and a smart strategy. Here are some steps you can take to build your online coaching practice:

Define your niche and target audience: think about the type of coaching you want to offer and who your target audience is. The more specific your niche and target audience are, the easier it will be to reach and connect with them.

Create an engaging online presence: a strong online presence is essential to getting noticed as an online coach. Create a website or blog, use social media to spread your message, and offer valuable content that will appeal to potential clients.

Offer free trial sessions: Offer potential clients a free trial session to convince them that you are the right coach for them. Use this opportunity to demonstrate your skills and build a relationship with your potential clients.

Use online marketing tools: Use online marketing tools such as Facebook Ads, Google Adwords or email marketing to increase your reach and attract more potential clients.

Be professional: As an online coach, it's important to appear professional. Offer a clear coaching process, stick to deadlines, and provide a professional coaching experience to keep your clients happy.

Conclusion

Online coaching is a growing industry that has evolved with digitalization. As an online coach, you have the opportunity to work from anywhere in the world and help people achieve their goals. However, it takes hard work, patience, and a smart strategy to build a successful online coaching practice. By defining your niche and target audience, creating an engaging online presence, offering free trial sessions, using online marketing tools, and presenting yourself professionally, you can build a successful online coaching practice. Use the power of digitalization to succeed as an online coach.

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What is the CPM (thousand contact price) and how much is it (examples)?

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

The thousand-contact price (CPM) is a key figure from the field of marketing and advertising. It indicates how much money an advertiser has to pay to reach a thousand people with his advertising message. The CPM is often used in media planning to evaluate the costs of an advertising campaign and to compare different advertising media with each other.

The exact CPM depends on several factors, including the advertising medium chosen, the target audience, the reach, the type of advertising and other factors. There is no set amount for the CPM, as it can vary greatly.

Here are some examples of possible CPM values in different advertising media:

Television: The CPM for commercials on television can vary widely depending on the station, the time of broadcast and the target audience. For example, it can range between 10 euros and 100 euros.

Print media: For print ads in magazines or newspapers, the CPM can also vary greatly. It can range from a few euros to several dozen euros, depending on the print run, placement and readership.

Online advertising: In online advertising, CPM values are often lower than in traditional media. They can range from a few cents to several euros, depending on factors such as the type of ad, the platform, the target audience, and the ad format.

In online advertising, CPM values are often lower than in traditional media.

It is important to note that these are only rough estimates and actual CPM values can vary widely in practice. The exact costs should be determined in consultation with the advertising marketers or agencies, as they know the current prices and conditions best.

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What is a competitive edge

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

A competitive edge is an advantage a company has over its competitors that enables it to be successful in a particular market or industry. Such a lead can be based on various factors, such as:

Uniqueness: A company may offer a product or service that is unique and cannot be duplicated by its competitors.

Cost Leadership: A company can offer its products or services at a lower price than its competitors, which allows it to gain larger market share.

Technology: A company may have more advanced technologies than its competitors, allowing it to work faster, more efficiently and create more innovative products.

Reputation: A company can have a good reputation in the industry, which makes it easier for them to attract new customers and retain existing customers.

Know-how: A company may have specialized knowledge or skills that enable it to offer unique products or services that cannot be replicated by its competitors.

A competitive advantage is usually an important factor in a company's long-term success, as it helps it to secure its market position and increase its profitability.

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