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PR & Public Relations Price List - What does press relations cost?

02/27/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Press relations and public relations are of great importance for companies and organizations to increase their visibility, improve their image and reach their audience. Most companies therefore want to integrate PR and public relations into their marketing strategies. However, the question that arises is: how much does public relations cost?

To answer this question, several factors must be considered. The cost of press relations depends on the size of the company, the scope of the work, the type of media to be handled and the complexity of the issue. Therefore, a PR and public relations agency will usually adjust its prices to the needs and requirements of its clients.

To get an overview of the costs for press relations and public relations, you should find out about the common pricing models offered by PR agencies.

Hourly: Many PR agencies charge for their services on an hourly basis. The hourly rate depends on the consultant's experience and expertise. The higher the qualifications and experience of the consultant, the higher the hourly rate will be. On average, you can expect an hourly rate of 100 to 250 euros.

Project basis: Some PR agencies charge for their services on a project basis. This means that they charge a flat rate for all the work required for the project. The price here depends on the scope and complexity of the project.

Retainer model: in this model, the client pays a monthly fee to hire a PR consultant or a team of consultants for a specified period of time. The fee varies depending on the agency and the scope of work.

In addition to these pricing models, there may also be additional costs, such as costs for materials like printing, shipping and translations.

To reduce costs associated with PR and public relations, companies can also leverage their internal resources, such as employees who are skilled in public relations or have the ability to write internal newsletters and social media posts.

Overall, there is no blanket answer to the question of what press relations costs. Costs depend on a variety of factors and should always be negotiated on an individual basis. However, companies should keep in mind that good PR and public relations is an important investment in their brand awareness and success.

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What Google Ads can not do?

02/21/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

While Google Ads is a powerful tool for increasing online visibility and traffic, there are also some things it can't do:

It can't replace a poor website experience: If the company's website is not user-friendly, a Google Ads campaign alone will not be enough to achieve a high conversion rate.

It can't guarantee success on its own: Even if a Google Ads campaign is executed very well, it is not a guarantee that the company will be successful. Success requires a holistic strategy and other factors such as customer service, product quality and pricing also play an important role.

It can't convert all traffic into quality leads: although Google Ads campaigns can drive traffic to the company's website, it doesn't automatically mean that every visitor is a potential customer. It requires further strategies to convert traffic into quality leads.

It can't guarantee instant results: It may take some time for a Google Ads campaign to deliver the desired results. The campaign needs to be continuously monitored and optimized to get the best out of it.

It may not cover all keywords: although Google Ads campaigns can cover a wide range of keywords, there are some specific keywords that may not be covered. In this case, it may be necessary to use alternative strategies such as SEO or content marketing to cover these keywords.

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Don't waste time - How to successfully start your own business

01/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Set clear goals for yourself: Define what you want to achieve and when you want to achieve it. Clear goal setting is the key to starting your self-employment successfully.

2. Build a network: Networks are an important source of information, customers and new business opportunities. Build a network by making contacts and networking with other entrepreneurs online and offline.

3. Find a mentor: a mentor is someone who can help you get the most out of your self-employment. Find a mentor who has had similar experiences and can help you succeed.

4. Create a business plan: A business plan is an important step in planning and ensuring your success. Create a business plan that includes your goals, strategy and timeline.

5. Focus on your business model: define your services, pricing and target markets. Develop a business model that will make your business profitable and help you establish yourself for the long term.

6. Get support: It is important to get support. Get support from family, friends, and experts to successfully start your self-employment.

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What factors influence your business success?

01/12/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Customer satisfaction: a satisfied customer is a satisfied customer. It is important that customers have a positive experience and trust the company.

2. Demand: The success of a company depends on the demand for the products and services. If customers do not have enough demand, businesses cannot grow.

3. Pricing: a competitive price is an essential factor to attract customers. It is important to offer a pricing model that is profitable for both customers and the company.

4. Marketing: a good brand and a strong marketing strategy are essential to increase the customer base and attract new buyers.

5. Product quality: a product must be of the highest quality to attract and retain satisfied customers.

6. Location: a good location can affect the success of a business. A location close to customers can help increase sales and profits.

7. Technology: thanks to new technologies, companies can reach more customers and offer their products and services faster and more efficiently.

8. Financing: good financing is crucial to make a business successful. Companies need financial resources to make investments and achieve growth.

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Conversion optimization of online stores - with these measures you increase sales & turnover

12/19/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Test different pricing models: If you offer a product or service that is made up of multiple parts, you can try different pricing models. For example, instead of individual prices, you can offer a package price to give customers a better deal.

2. Create a user experience: make sure your online store is easy to use and user-friendly. A poor user experience can lower your store's conversion rate.

3. Make sure you have a Responsive Design: Responsive designs are important for customers as they are able to display correctly on any device, including smartphones and tablets.

4. Use cross-selling strategies: cross-selling is a great way to increase your sales and conversion rate. This strategy allows you to offer your customers products or services that can be combined with those they have already purchased.

5. Use upselling strategies: upselling is another effective strategy to increase sales and conversion rate. Upselling allows you to offer your customers an upgrade to a better product or service.

6. Use clear navigation: make sure your store has a clear navigation so that your customers can easily navigate through the different pages.

7. Use a customer loyalty program: create a customer loyalty program to give your customers a reason to buy your product or service again and again. This will make them feel valued and may even make them spend more than they originally planned.

8. Provide live chat: Live chat is another effective strategy to increase conversion rate and sales. With a live chat, you can help your customers immediately and assist them with any questions or problems.

9. Create a newsletter: A newsletter is a great way to inform your customers about all new products and services. This will help them stay up to date, which in turn will increase the chances of them buying something.

10. Add a social media strategy: social media is a very effective strategy to increase your sales. So create a social media strategy to reach out to your audience and attract more customers.

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