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News / Blog: #process

What is a digital management consultancy?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A digital business consultancy is a company that helps businesses adopt technology, digitize and manage their digital processes. Consultants also offer a variety of services to help companies choose, implement, and use the right technology to achieve their business goals. These include advice on selecting the right technologies, implementing them and putting them into practice, and support in optimizing digital processes.
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What is target group analysis?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Target group analysis is a systematic process aimed at defining the target group of a company, brand or product as precisely as possible. This includes identifying and describing essential characteristics, attributes and needs of the target group. The aim of target group analysis is to better understand the target group and develop marketing measures tailored to it.
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What is quotation preparation?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Quotation preparation is the process of making a specific offer to a customer. It usually involves a detailed analysis of the customer's requirements, determination of costs, preparation of a draft offer, negotiation of the price and final agreement on the offer. The goal of this process is to create a customized offer that meets the customer's needs.
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What is customer acquisition?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Customer acquisition is the process by which companies acquire new customers. It includes direct approaches, cold calling, telephone canvassing, online marketing and other activities aimed at acquiring new customers. Customer acquisition is an important part of customer retention and is often used in combination with other marketing and sales activities to increase customer satisfaction and drive sales.
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What is a process analysis?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A process analysis is a method of studying a process to better understand how it works and how it can be improved. It can be a process in an organization or business, or a process being researched in a particular area. In a process analysis, a process is broken down into its component parts to determine how it operates, the ways in which the different parts of the process work together, and how they are connected. This makes it possible to identify and correct problems in order to optimize the process.
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