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Finding and addressing business customers - this is how it works

04/04/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

It is important for every business to acquire and retain customers. In the B2B area, however, the challenges are often even greater than in the B2C area. It's not just about finding potential customers, but also about convincing them of your products and services. Here are some tips on how your company can successfully find and approach business customers.

Target group analysis: Before you approach potential customers, you should be clear about your target group. Which industries and companies are best suited for your products or services? What needs do these companies have? A thorough target group analysis is essential in order to target your sales activities.

Data Analysis: Data science and analytics can help you identify potential customers and understand their needs. With the help of data, you can refine your target group analysis and develop more targeted approaches. Various tools are available for this, such as CRM systems or web analytics tools.

Content Marketing: With relevant content you can attract the attention of potential customers and convince them of your company. A well-directed content marketing strategy can help your company be seen as an expert in your field. This can also lead to potential customers approaching your company on their own.

Networking: Networking is an important part of B2B sales. It's about making connections and nurturing relationships. Use industry events and conferences to exchange ideas with potential customers and business partners.

Personalization: A personalized approach is often crucial for success in the B2B sector. Show your prospects that you care about their business and their needs. A personalized approach can help capture the prospect's interest and build a positive relationship.

All in all, there are various ways to successfully find and address business customers. A combination of targeted data management, content marketing, networking and personalization can help attract potential customers and build long-term business relationships.

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Self-PR - How to take public relations into your own hands for yourself or your company

03/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Self-PR is an important way to take public relations for yourself or your company into your own hands and generate more attention. Here are some tips to successfully do self-PR:

Define target audience: Define your target audience and the media they consume. This will allow you to target your PR efforts to meet the needs of your audience.

Develop PR strategy: Develop a PR strategy that defines your goals and actions. Determine what topics you want to communicate, what media you want to target, and what actions you will take to achieve your PR goals.

Write press releases: write press releases regularly to communicate important news and developments. Make sure the releases are interesting, informative and targeted to your audience.

Use social media: Use social media to spread your messages and content. Choose the channels that best fit your audience and share relevant content regularly.

Write guest posts: write guest posts for relevant media to share your expertise and messages. Make sure the post fits the topic and adds value for readers.

Organize events: Organize events to engage your target audience directly. Invite relevant media and experts and use the opportunity to present your messages and content.

Maintain contacts: Maintain your contacts with relevant media and experts. Keep them up to date on news and developments and offer them interesting stories and topics.

By implementing these tips, you can take public relations into your own hands and successfully spread your messages and content. It takes some work and time, but it's an important investment in the success of your business or you.

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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 are avoidable mistakes when setting up your own business?

03/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Here are some avoidable mistakes that can be made when building a self-employment business:

Unclear vision: without a clear vision and goal, it can be difficult to have a clear focus and steer the business in the right direction.

Lack of business planning: poor business planning can lead to unclear goals, insufficient funding and lack of direction.

Lack of market analysis: a lack of market analysis can lead to a business not understanding its target audience or what needs it should be meeting.

Lack of financial planning: inadequate financial planning can lead to an unexpected financial shortfall that can threaten the survival of the business.

Lack of legal advice: a lack of legal advice can cause a company to miss the necessary steps to comply with laws and regulations and potentially face legal difficulties.

Lack of marketing strategy: a lack of marketing strategy can result in a business struggling to reach its target audience and attract customers.

Lack of self-discipline: without self-discipline and self-motivation, it can be difficult to succeed in the long run.

By avoiding these mistakes and carefully planning and implementing your self-employment, you can increase the chances of success and build a profitable business.

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How to have storytelling take your PR to the next level

03/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Storytelling is a very effective way to take your PR to the next level. By telling stories that present your brand or company in a positive light, you can capture the interest and attention of your target audience and get your message across more effectively. Here are some steps you can take to improve your PR through storytelling:

Identify your target audience: before you tell a story, you need to understand who your target audience is and what they are interested in. Try to take your audience's perspective and consider what kind of stories might appeal to them.

Find your story: think about the story you want to tell and how it relates to your brand or business. For example, you can tell a success story about how you overcame a particular challenge or how your products improved the lives of your customers.

Create a connection: to capture your audience's interest, you need to connect with their lives. Use emotion to bring your story to life and get your message across.

Use different media: you can tell your story in different ways, such as text on your website, video on YouTube, or a social media post. Choose the medium that best fits your story and your audience.

Be authentic: Avoid overdramatizing or exaggerating your story. Be authentic and honest so your audience trusts you and your brand.

By following these steps and incorporating storytelling into your PR strategy, you can more effectively convey your message and gain the interest and attention of your target audience.

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