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How and where to publish an e-book?

03/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several ways to publish an e-book. Here are some steps you can follow to publish your e-book:

Write your e-book: before you can publish your e-book, you need to write it first. During the writing process, you should also think about the formatting and layout of your e-book.

Convert your e-book to the right format: There are several file formats that are suitable for e-books, such as EPUB, MOBI, or PDF. Check which formats are supported by the different e-book platforms where you want to publish your book.

Decide on an e-book platform: There are several e-book platforms where you can publish your e-book, such as Amazon Kindle Direct Publishing, Apple iBooks, Kobo, or Google Play Books. Consider which platforms your target audience is most likely to be on and which platforms best meet your needs.

Create an account and upload your e-book: Register on your chosen platform and upload your e-book. Make sure you provide all the necessary information, such as book title, description, author name and cover image.

Determine the price of your e-book: Think about the price you want to charge for your e-book. Compare the prices of similar books and consider the fees charged by the platform.

Market your e-book: Once your e-book is published, you should promote it to a wider audience. Use social media, email marketing, and other marketing strategies to promote your book.

By following these steps, you can successfully publish your e-book and reach a larger readership.

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Hourly rates and daily rates of freelancers and freelancers 2023 - You have to reckon with that

03/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
As the client, you must take into account the hourly and daily rates customary in the market for freelancers. Here are some factors to consider:

Area of ​​expertise: The hourly rates and daily rates vary depending on the area in which the freelancer works. In some areas, such as software development, the fees tend to be higher than in other areas such as copywriting or translation.

Experience: An experienced freelancer will usually charge higher fees than a newcomer to their field.

Location: Fees can also vary based on the location of the freelancer. Fees tend to be higher in metropolitan areas or more expensive cities than in rural areas.

Responsibilities: The more complex and demanding the tasks are, the higher the fees will be.

Duration of the project: For long-term projects, the hourly rates and daily rates can usually be negotiated.

It is important that you as the client not only look at the price, but also consider the quality and experience of the freelancer. You should also make sure that the freelancer's fee is reasonable and that their work on your project is fairly remunerated.

The amount of hourly and daily rates for freelancers and freelancers can vary greatly and depends on various factors such as specialty, experience, location and scope of work. Here are some examples of average hourly rates and daily rates in different industries in Germany:

IT / software development: Hourly rate from €80 to €150 and daily rate from €600 to €1200

Design / graphic design: Hourly rate from €50 to €120 and daily rate from €400 to €800

Text creation / translation: Hourly rate from €30 to €80 and daily rate from €250 to €600

Marketing / PR: Hourly rate from €60 to €120 and daily rate from €450 to €900

Consulting / coaching: Hourly rate from €80 to €150 and daily rate from €600 to €1200

However, it is important to note that these numbers are intended as a guide only and actual hourly and daily rates may vary based on individual factors and projects. It's also possible that some freelancers charge lower or higher rates than these averages.

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What are typical mistakes when setting up an online store?

03/07/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Here are some typical mistakes made when setting up an online store:

Unclear objectives: an online store should have clear objectives, such as sales, customer loyalty, brand awareness or customer acquisition. If the goals are not clearly defined, it can be difficult to measure the success of the online store.

Lack of market analysis: it is important to conduct a thorough market analysis to understand the needs and wants of the target audience. Without this information, it can be difficult to properly adjust the online store's offer, price and marketing strategy.

Poor user experience: the online store should be user-friendly, offering clear navigation and ease of use. Poor user experience may cause customers to leave the online store without buying anything.

Insufficient product information: Customers want detailed information about the products they buy. If the product information in the online store is insufficient or unclear, customers may decide to buy elsewhere.

Lack of search engine optimization: Effective search engine optimization is crucial to make the online store visible in search results. If the online store does not rank well in search results, potential customers will not be able to find the online store.

Unclear payment options: The online store should offer clear and secure payment options. If the payment options are not clear or inadequate, it may deter customers and make them buy elsewhere.

Inadequate customer service: customer service is an important part of the online store and can make the difference between satisfied and dissatisfied customers. If customer service is inadequate or not easily accessible, it can deter customers and cause them to buy elsewhere.

There are many more mistakes that can be made when setting up an online store. Thorough planning and analysis, as well as collaboration with experienced e-commerce experts, can help avoid these mistakes and make the online store successful.

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Positioning: Why it's so important for your business

03/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The positioning of your company is the key to your success. It is what differentiates your company from others and what makes it unique. Positioning helps you define your business and brand and present it to potential customers. Here are some reasons why positioning is so important:

Differentiation from competitors

Positioning helps you differentiate your business from your competitors. There are many companies that offer similar products or services to yours. By clearly defining your positioning, you can ensure that you stand out from the competition and attract potential customers to you.

Clarity and unambiguity

Clear positioning helps customers understand what your business offers and what makes it unique. It gives customers a better understanding of what they can expect from your business and what you expect from your customers. Clear positioning also helps to establish your business in the minds of customers.

Target your audience

Good positioning helps you better understand and target your audience. By clearly defining your positioning, you can ensure that your message is directed to the right audience. This increases the likelihood of reaching potential customers who are interested in your product or service.

Add value

Clear positioning can help increase the value of your business. When your business is unique and has a clear positioning, it becomes more attractive to potential investors and partners. Good positioning can also help your business charge higher prices for products or services.

Conclusion

Clear positioning is essential for any business. It helps you stand out from your competitors, appeal to your target audience, and increase the value of your business. By clearly defining your positioning, you can ensure that your business is unique and distinctive.

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Media-effective actions - These ideas exist

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

Media-rich promotions can help generate attention for a specific message, cause, or product. Here are some ideas for media-rich actions:

Flash mob: a spontaneous gathering of people in a public place who put on a choreographed performance.

Guerrilla marketing: An unconventional promotional activity that takes place in unexpected places to attract attention.

Stunts: An eye-catching action that is often risky or breathtaking and draws attention to a specific cause or brand.

Charity events: an event that aims to raise funds for a charity while raising awareness for its cause.

Protest events: An action aimed at communicating a political message or cause by holding a public gathering or demonstration.

Publicity Stunt: An eye-catching action aimed at drawing media attention to a particular cause or brand.

Flash Sales: A short-term sales promotion in which products or services are offered at a discounted price to attract the attention of customers.

Social Media Challenge: An action spread through social media that aims to promote a specific action or trend.

These ideas are just a few examples of media-rich actions that companies and organizations can take to draw attention to their messages or products. However, it is important that the action is authentic and relevant in order to attract the interest of the media and the target audience.

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