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Marketing digital products - How to make money with digital info products

12/18/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Digital marketing and marketing digital products are one of the best methods to make money online. Marketing digital products is one of the easiest and most profitable methods to earn passive income. With digital product marketing, you can earn income without having to bear the cost of manufacturing, packaging and delivering products.

Marketing digital products allows you to sell your own product or service without having to have a physical presence on site. There are many different types of digital products you can market, including e-books, software, audio and video files, online courses, subscription services, and digital memberships.

To market successfully, you must first create a product that provides value to your target audience. You then need to create a website where you can sell your product. It is important that you create a professional website where your customers can shop. You also need to create an effective marketing and advertising program that will allow you to market your product to a wide audience.

There are several ways to market your product online. You can sell your product on various online marketplaces, such as Amazon, eBay, and many others. You can also create your own website and sell your product directly to your customers. There are also different types of online advertising platforms where you can promote your product, including search engine marketing, display advertising, social media marketing, and email marketing.

If you want to successfully start marketing digital products, you need to make sure you have the right strategy and the right product. If you have a high-quality product that provides value to your target audience, you can earn passive income by selling your product.

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What are the biggest exit mistakes?

12/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Underestimation of the sales process: many entrepreneurs underestimate the effort and complexity of a sale. Selling a business is a complex process that requires a lot of time, know-how and patience.

2. Wrong pricing: a too high or too low sales price can reduce the value of the company, so that the transaction does not lead to an adequate return for the seller.

3. Inadequate preparation: a successful sale requires thorough preparation before the sales process begins. This includes a comprehensive review of the business to determine the true values of the business and to ensure that all important documentation and information is in place.

4. Not staying consistent: If the seller does not remain consistent and is not firm on pricing or other important issues, it can delay the sale process and diminish the value of the business.

5. Inadequate public relations: effective public relations is an essential part of the sales process. A business owner must ensure that potential buyers are informed about the sale in order to create a competitive market.

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Tips for Telephone Acquisition

12/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Be friendly and cordial: Be friendly and polite when you call customers. If you are unsympathetic or rude, the customer is likely to discourage you from continuing.

2. Stick to the agenda: stick to your agenda when you call customers. If you take the customer too much time, they may not remember you.

3. Let your customer talk: Let your customer talk when you call them. This will give you a better understanding of what he wants and how you can help him.

4. Be careful about selling: Be careful when you try to sell something to the customer. If you are too aggressive, the customer may find you uncomfortable.

5. Be patient: Be patient when you talk to customers. If you are too impatient, the customer may feel uncomfortable and stop calling you.

6. Be professional: Be professional when you call customers. If you speak too loudly or casually, the customer may feel uncomfortable.

7. Listen: Listen to your customer when you call them. This will give you a better understanding of what he wants.

8. Be honest: Be honest and transparent when you call customers. If you are not honest, the customer will not trust you.

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What are the biggest mistakes as a founder?

12/08/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Not Doing Enough Research: Not doing enough research is one of the biggest mistakes a founder can make. It’s important to research the market, the competition, and the customer needs before launching a product or service.

2. Not Having a Clear Business Model: Not having a clear business model is another common mistake made by founders. It’s important to have a solid business plan and understand how you will make money from your product or service before launching.

3. Not Having a Strong Team: Having a strong team is essential for any successful business. Without a great team, you are unlikely to be able to execute your vision and reach your goals.

4. Not Having an Exit Strategy: It’s important to have an exit strategy for your business in case things don’t work out. This could mean selling the business, transitioning to a new owner, or simply closing down.

5. Not Paying Attention to Your Finances: Not paying attention to your finances is one of the most damaging mistakes a founder can make. Without a good understanding of your finances, it’s difficult to make wise business decisions.

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High student salary without any training or studies? What really matters in sales

11/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
High student salaries in sales are possible, but they are not likely without any training or studies. Sales success is largely driven by an individual's ability to build relationships, close deals, and understand the needs of their customers. To do this successfully, individuals must have a thorough understanding of the product or service they are selling, as well as the market and industry. Therefore, it is important to invest in training and studies to gain the skills and knowledge necessary to succeed in sales.
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