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How to develop an advertising strategy for more success

03/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A successful advertising strategy requires careful planning and execution. Here are some steps you can take to develop an advertising strategy that will lead to greater success:

Target Audience Analysis: identify your target audience and their needs. Define who your target audience is, where they can be found, what their interests are, and what problems they have that your products or services can solve.

Goal setting: define your goals and measure the success of your advertising strategy. Set realistic goals and measure the success of your promotions to ensure you are on track.

Budget planning: set a budget for your advertising strategy. Determine how much you want to spend on advertising and what type of advertising will be most effective for your target audience.

Select channels: Select the channels you want to advertise on. Analyze which channels are most relevant to your target audience and use them to place your ads.

Develop message: Develop a message that appeals to your target audience and portrays your brand or products in a positive light. Make sure your message is clear and concise and highlights the benefits of your products or services.

Timing: Set a schedule for your promotions. Determine the optimal time to reach your target audience and plan your promotions accordingly.

Monitor and adjust: Monitor the success of your promotions and adjust your strategy accordingly. Analyze the results of your advertising and make changes to optimize your strategy and achieve your goals.

By taking these steps and developing a carefully thought-out advertising strategy, you can effectively reach your target audience and increase your chances of success.

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What is a self-publisher?

03/09/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A self-publisher is an author who is responsible for publishing and marketing their book themselves, without enlisting the help of a traditional publisher or book agency. Self-publishing allows authors to publish their work at their own expense without having to comply with a publisher's guidelines or restrictions.

With developments in digital media and print-on-demand technology, it has become possible for self-publishers to publish their book as an e-book or print-on-demand book without incurring a large amount of printing costs or Build a warehouse for physical items.

A self-publisher also typically takes responsibility for marketing their book, including creating and maintaining their own website, using social media, and running promotions. Self-publishing offers authors greater independence and control over their work, but it also requires more work and expense to publish and market the book.

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Publish guest posts - This is important to note

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

If you want to publish a contribution as a guest author on another website or in a magazine, there are a few things to consider:

Target audience and subject area: Make sure you know the target audience and subject area of ​​the website or magazine you plan to publish on. Your contribution should fit the target group and correspond to the topic focus.

Relevance and Quality: Your guest post should be relevant and of high quality to engage and provide value to readers. Carefully check the grammar, spelling, and formatting of your post.

Backlinks: Your guest post should not be viewed purely as a promotional post or as an attempt to generate backlinks to your own site. Instead, set links to relevant sources and only use links that offer added value for the readers.

Compliance with guidelines: Many websites and magazines have specific guidelines and requirements for guest posts, such as post length, formatting, or the use of images. Follow these guidelines to ensure your post can be published.

Contact: Before you send in your guest contribution, you should contact the responsible editor and express your interest in publication. Make sure you know their contact information and their preferences regarding the topic and format of the guest post.

Cooperation: It is important to develop a positive relationship with the host and to be responsive to their concerns and needs. Take responsibility and work closely with the host to ensure the guest post is published successfully.

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What is a marketing budget?

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

A marketing budget refers to the amount of money a company or organization allocates to marketing activities over a specific period. The budget is used to fund various marketing activities such as advertising, promotions, events, market research and digital marketing.

Marketing budget can be determined based on various factors such as company size, type of product or service, target audience, marketing goals and overall budget available.

An effective marketing budget enables a company to plan, implement and monitor its marketing strategy. It also helps measure ROI (return on investment) and ensures the company is focusing marketing spend on the most promising channels and actions to achieve the desired growth and success.

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What is self-PR?

03/07/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Self-PR or "self-public relations" refers to the actions a person or organization takes to promote its own image and brand. Essentially, it is a type of self-promotion aimed at improving public perception and reputation. Self-PR can take various forms, such as publishing articles or blog posts, sharing success stories on social media platforms, or participating in public events and discussions to raise one's profile. The goal of self-PR is to build a positive perception and image and thus gain the trust and recognition of customers, investors or other stakeholders.
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