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What is the market price?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The market price is the price at which a particular good or service is traded in the free market. It is determined by supply and demand and can change depending on supply and demand. The market price is an important part of price formation and can be considered as an indicator of the value of a product or service.
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What is a provider?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A provider is a company that offers services such as Internet access, web hosting, web design, e-mail, voice over IP, and other communications services. A provider is also a company that provides a customer with a connection to a network or other resource.
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What is a hoster?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A hoster is a company that hosts websites and other content on a server. Hosting companies provide a physical connection to the Internet and manage the administration and maintenance of the servers that store their customers' content. They also provide the necessary bandwidth and storage space to store and run the content. Some hosting companies also offer additional services such as setting up email accounts and web design tools.
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What is a Tech stack?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A tech stack is a set of technologies used to develop and implement a piece of software or service. It usually consists of a combination of client-side and server-side software, databases, frameworks, programming languages, and other technologies needed to fully execute the program.
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How do I find out potential customers among website visitors?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Use a tracking tool to track the activities of your website visitors. This will allow you to see which pages they visit, how long they stay on each page, and how often they return.

2. Add a sign-up form on your website to get visitors to sign up for your newsletter or other offer.

3. Create preference profiles for your website visitors based on the pages they visit and use this information to target them.

4. Have a demand or lead generation page on your website where visitors can request your products or services.

5. Create an email campaign to inform your website visitors about news, offers and updates.

6. Segment your website visitors and target your marketing and promotions to those most likely to be interested in your products or services.

7. Use social media to interact with your website visitors by providing and responding to relevant content.

8. Conduct a survey to learn more about your website visitors' interests and needs.

9. Conduct A/B testing to find out which pages and content resonate best with your website visitors.

10. Use customized emails to target unique website visitors and convert them.

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