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The conversion rate (CR) varies depending on the industry, the target group, the type of offer and the marketing and sales tactics used. There is no set "good" or "typical" conversion rate, as it is highly dependent on specific circumstances.
Some industries tend to have higher conversion rates than others. For example, e-commerce sites that offer high-value products may have a higher conversion rate than sites that offer complex services. An average value for a good conversion rate is between 2% and 5%.
However, it is important to note that a higher conversion rate is not always better. A high conversion rate can mean that the target audience responds very well to the offer, but it can also mean that the price is too low or that the marketing is not driving enough traffic to the website. Therefore, the conversion rate should always be considered in the context of other metrics such as traffic, customer acquisition, and revenue to get a full understanding of performance.
Journalist databases can be a useful resource for companies and PR professionals to connect with journalists and media outlets and get media coverage. However, there are also some drawbacks and challenges to consider when using journalist databases.
Outdated information: One of the main problems with journalist databases is that they often contain outdated information. Journalists frequently change jobs, change roles within the organization, or leave the industry altogether. It is difficult to quickly and accurately capture these changes and update them in the database. As a result, contact information stored in the database may be outdated and may lead to contacting the wrong people.
Incomplete information: Another challenge of journalist databases is that they often contain incomplete information. Journalists often have different interests, expertise, and preferences, and it is difficult to capture all of this information in one database. As a result, the database may not contain all the important information about the journalist, making it more difficult to plan an effective media strategy.
Lack of quality control: another problem with journalist databases is that they often do not have sufficient quality control. The databases can be used by anyone to add contacts to journalists, and there is no verification that the contact information is correct or that the journalist is actually relevant to one's cause. As a result, contact information in the database may be inaccurate or irrelevant, which can lead to a waste of time and resources.
Cost: Journalist databases can be very expensive. Depending on the vendor and the scope of services, the cost of an annual license can be several thousand dollars. For smaller companies and organizations with limited resources, this can be a barrier and cause them to forgo the use of journalism databases.
Data protection: Finally, journalist databases can also pose a challenge in terms of data protection and compliance. Protecting personal data is an important issue, and organizations must ensure that they comply with data protection regulations when storing and processing personal data in a database. If a database is not managed properly, it can lead to legal issues and image damage.
So, overall, there are some drawbacks and challenges to using journalism databases. It is important to consider these issues when deciding whether or not to use a database, and to ensure that they should only be understood as part of a broader media strategy.
Our approach: Our Media & PR Database 2023 contains direct links not only to the website URL, but also to the respective imprint of a medium, with the help of which you can always find current contact persons and journalists (m/f/d) on the website of the media provider quickly yourself. We pass on the cost savings compared to keeping this personal data directly to you in the form of the lower product price. You can find all information about the Media & PR Database 2023 in the menue at /media.
There are several ways to get cheap press. Here are some tips:
Press Releases: Write a press release about an interesting event happening at your company, such as a new product release or a special award. Make sure the release is concise, well-structured and to the point. Distribute the announcement to local and regional newspapers and relevant online media.
Collaborations: Collaborating with other businesses or organizations can help get your brand noticed in the press. Consider who you can work with to plan joint promotions or events.
Events: Organize an event or function that will attract press attention. Make sure the event is interesting and relevant to your target audience, and invite journalists and influencers.
Expert knowledge: Use your expert knowledge to be present in the press. Write guest articles on specialist portals.
B2B companies often face a variety of challenges and issues that affect their ability to succeed. Here are some of the most common issues B2B vendors face and how to solve them:
High competition
A common problem for B2B vendors is high competition in their respective industries. With other companies competing for the same customers and contracts, it's difficult to differentiate and succeed.
Solution: companies should identify and emphasize their strengths and unique attributes to differentiate themselves from other companies. This includes creating a clear value proposition, emphasizing customer references and success stories, and differentiating themselves by clearly positioning themselves in the market.
Inadequate lead generation
Another common problem is insufficient lead generation. Many B2B vendors struggle to generate enough qualified leads to meet their sales goals.
Solution: companies should develop a thorough lead generation strategy aimed at generating high-quality leads. This includes creating high-quality content, search engine optimization, attending events and using social media platforms.
Difficulty with pricing
Another common problem for B2B vendors is the difficulty of finding the right pricing for their products or services. Pricing can be a sensitive issue as it directly affects the profitability of the business.
Solution: companies should conduct a thorough market analysis to ensure their prices are competitive and reflect the value of their products or services. They should also carefully monitor their costs and margins to ensure they remain profitable.
Sales challenges
Another common problem for B2B vendors is sales challenges. This can include difficulty identifying decision makers, managing sales processes or closing deals.
Solution: companies should ensure they have qualified sales people who are able to make sales calls and manage sales processes. They should also ensure they have a clear sales model based on the needs of their target audience.
Conclusion:
B2B vendors face a variety of challenges, but through thorough market analysis, clear positioning, a targeted lead generation strategy and skilled salespeople, companies can address these issues and succeed. Regularly reviewing and adjusting marketing and sales strategies can also help companies remain competitive in an ever-changing business environment.
Solo self-employed people are often on their own and can face challenges that affect their ability to succeed. Here are some of the most common problems solo self-employed people face and how to solve them:
Lack of client acquisition
A common problem for solo self-employed people is a lack of client acquisition. Many solo self-employed people struggle to find enough customers to sustain their business.
Solution: solo self-employed professionals should develop a comprehensive marketing strategy aimed at getting the word out about their business and attracting quality customers. This includes creating high-quality content, using social media platforms, and attending industry events.
Difficulty with pricing
Another common problem for solo self-employed professionals is difficulty with pricing. It can be difficult to find the right price for products or services that are attractive to customers while also being profitable for the business.
Solution: Solo self-employed professionals should develop a comprehensive pricing strategy based on market demand, costs, and the value the business provides. It is important to find the right price that keeps the business profitable while being attractive to customers.
Time management problems
Another common problem for solo self-employed workers is time management issues. It can be difficult to find a balance between work and other commitments, especially when working alone.
Solution: solo self-employed workers should develop an effective time management strategy to help them use their time effectively and find a balance between work and other commitments. This includes scheduling breaks, setting priorities, and using tools such as to-do lists and calendars.
Difficulties with bookkeeping and tax returns
Another common problem for solo self-employed workers is difficulty with bookkeeping and tax returns. It can be difficult to keep on top of finances and file the right tax returns.
Solution: solo self-employed individuals should make sure they have an effective accounting strategy that allows them to manage their finances effectively and file all required tax returns on time. It is also important to consult a tax advisor to ensure that all tax requirements are met.