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Advised and sold - Why self-proclaimed experts and coaches will run you down

01/05/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many self-proclaimed experts and coaches who try to run people through advice and sales. These individuals often offer a variety of services designed to help people achieve their goals. These services range from financial advice to personal development to career counseling. They promise that their services will help people improve their lives, but it is important to note that many of these "experts" do not have the qualifications or knowledge to actually help.

Experts and coaches are mainly trying to make money by giving advice and selling, rather than giving truly useful information. They may try to get people to buy a product or service they don't really need through a sales pitch. They may also try to get people to spend more money than they actually can to get a particular service or product. This type of "advising" can be harmful, as it does not help people achieve their goals, but instead entices them to pay more than they actually can.

It is therefore important to carefully check if the services from an expert or coach are really useful. One should always do an in-depth research before considering any consultation or sale. Pay attention to the qualifications of the expert and make sure that they have experience and knowledge to really help you achieve your goals. This way, you can ensure that you don't fall victim to a scam.

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License to print money? Earning millions with digital products and high margins

01/04/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
It's easier than ever to make millions with high margin digital products. With a license to print money, you can develop and market a digital product or service to increase your earnings. With a digital product, you can make money in a variety of ways, including advertising, sales, and affiliate programs. You can also offer a digital product that generates recurring revenue, such as software subscriptions, consulting services, or online courses. You can also offer content for free and run banner ads or advertisements to earn money. With a license to print money, you can also build your own brand and increase your reach by advertising on social platforms like Facebook and Instagram. You can also market your digital product on different platforms to reach more customers.
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Building a profitable business - What are the success factors?

01/02/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Customer orientation: Customer orientation is a key success factor in building a profitable business. Therefore, only buy products and services that are really needed and align your business with the needs of the customers.

2. Financial stability: To build a successful business, you need to make sure that it is financially stable. Therefore, plan your finances carefully and make sure you have sufficient reserves to cover sales drops and other unforeseen costs.

3. Invest in staff: invest in your staff by hiring qualified and motivated employees and providing them with adequate salaries and benefits. Make it easy for your employees to do their jobs by equipping them with the right tools, training and support.

4. Technology: Invest in the right technology to move your business forward. Invest in powerful software to increase productivity and efficiency, and digital advertising to reach more customers.

5. Customer service: top-notch customer service is a key success factor for any business. Use a variety of contact methods to allow your customers to communicate easily and quickly, and respond quickly to inquiries.

6. Marketing: good marketing is essential to attract new customers and increase your sales. Use different marketing strategies to promote your business and position yourself in your industry.

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Press & Public Relations - Everything you need to know

01/02/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Press and public relations is one of the most effective ways to market and present a company, organization or individual. It is an important part of marketing communications and can be done through all media channels, including print, radio, television and social media. It can also help build relationships with potential customers and create a strong public presence.

Press and public relations can be considered a form of referral marketing in some cases, as it aims to reach audiences that may not be directly connected to the company. It is an inexpensive and effective way to market your brand and business without having to spend large sums of money.

A press and public relations campaign can be done in a number of ways. For example, a company can create a press kit that includes information about itself, its products and services, and its mission. The press kit can then be sent to various media organizations to ensure that the message about the company gets out to the public. Another way to conduct press and public relations is by setting up a press release. A press release is a statement directed to media organizations that a company or individual releases to provide information about a special event, product or service.

Another important aspect of press and public relations is setting up social media accounts to maintain a strong presence on various social networks. These accounts can be used to share company news, product information and other important information.

In order to have a successful press and public relations campaign, companies must ensure that they build a strong brand and that their reputation remains intact. A good reputation is critical to how the company presents itself to the public and can help attract potential customers.

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The secret of success of successful online entrepreneurs - How to start your own lucrative online business

12/29/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Choose a lucrative and profitable business model.

There are many different business models you can use for your online business. Choose a lucrative and profitable business model that fits your skills and interests.

2. Familiarize yourself with online business.

You need to familiarize yourself with online business and its different sides. Learn how to create a website, how to reach an audience, and how to sell digital products.

3. Create a unique product.

You need to develop a product that is unique, useful and valuable. It must be a product that your target audience needs and will buy.

4. Create a professional website.

You need to create a professional website that highlights your brand and product. You should make sure that your website is user-friendly and has all the features that your target audience needs.

5. Promote your product.

You need to develop a strategy to successfully promote your product. Use social media, email marketing and search engine optimization to drive traffic to your website and increase sales.

6. Build a community.

Build a community by being active on your social media channels and interacting with your target audience on a regular basis. You can also host live events like webinars or live chat sessions to reach more visitors.

7. Deliver excellent customer service.

Give your customers excellent customer service. Respond quickly to inquiries and resolve issues customers may have. This will help build your brand and keep your customers happy.

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