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More sales with fewer customers? With the high price strategy to more success in business

12/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

It is a fact that companies want to make more sales. However, it is not always easy to achieve this. One way to generate more sales is to pursue a high-price strategy. With this strategy, companies can increase sales by targeting fewer customers who are willing to pay higher prices.

The success of a high-price strategy depends on a few factors. First, companies need to identify the right target audience that is willing to pay more for a product or service. Companies also need to choose the right positioning to stand out from the competition and create a premise for the higher price. Another important factor is proper marketing. Companies must convince their customers that they will get better value for their money if they purchase a higher-priced product.

A high-price strategy can be an effective tool to generate more sales. However, it is important to make sure that the strategy is aligned with the right target audience and that there is a clear premise for the higher price. Also, companies need to make sure they have the right marketing strategy in place to convince their customers that they will get more bang for their buck if they buy a higher-priced product.

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Content is King - How to generate more sales and revenue as a B2B company

12/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Create a content strategy: A content strategy helps you create and distribute the right content for your B2B company. Define your target audience to create the right content that is relevant to your audience.

2. Focus on high-quality content: Make sure your content is relevant and valuable to your target audience. Create content that will persuade your target audience and make them want to buy your products or services.

3. Use social media: Use social media to spread your content and drive more sales. Post quality content regularly on your social media channels and use ads to increase your reach.

4. Optimize your website: make sure your website is optimized for search engines to generate more traffic. Use SEO optimized content and make sure your website loads quickly.

5. Use email marketing: email marketing is one of the most effective ways to generate more sales and revenue as a B2B company. Create newsletters and publish them regularly. Offer exclusive content and discounts to your subscribers to generate more sales.

6. Collaborate with influencers: One of the most effective ways to generate more sales is to work with influencers. Pick influencers who reach your target audience and offer them a partnership. This will give you more visibility and help you generate more sales.

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From the idea to the dream customer - How to create a customer avatar

12/23/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A customer avatar is an important tool to optimize your brand's strategy and communication. It's a detailed, fictional character that helps you better understand your customers' needs, wants, and motivations. By creating a customer avatar, you can get a clearer idea of how your brand affects your target audience and how to tailor your products, services, and campaigns to your target audience.

The process of creating a customer avatar starts with identifying your target audience. Take time to research to complete your customer's profile. Research their background, lifestyle, interests, values, and goals. Then create a list of your target audience's most important characteristics.

Once you have identified the characteristics of your target audience, create a fictional profile of your dream customer. Describe a single person who possesses all the characteristics of your target audience. Give him a name and an age. Think about what he does and how he lives. Think about his motives, goals and dreams.

Finally, you need to ask yourself the question: How can my company help my dream customer achieve his goals? Get clear on how your business can meet his needs and help him achieve his goals.

By creating a customer avatar, you'll have a clearer picture of your target audience and can more easily develop memorable campaigns that directly target your dream customer.

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Public Relations - Or: The Art of Influencing Public Opinion

12/23/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Public relations is a very important tool to influence public opinion. It can help improve a company's image, but it can also be used to promote new products or services. It can also help to change and alter public opinions and attitudes.

Public relations involves several elements that help influence public opinion. First, you must define the audience you want to target and develop a strategy to reach that audience. Then one must consider which media are best suited for communication and how best to use them. Then, the content of the communication must be developed to achieve the desired effect.

Public relations also involves bringing in different partners to help with the communication. These include journalists, bloggers, social media influencers and others who have an impact on public opinion. These partners can help spread and amplify communications.

Public relations can also help improve a company's image by associating it with positive events and activities. Press releases, PR campaigns, and other communications efforts can be used for this purpose.

Public relations can also help promote new products or services. To do this, press conferences, product announcements, and other promotions can be used to draw the public's attention to the product or service.

Public relations is a very versatile tool that can be used to influence public opinion. It can help improve a company's image, promote new products or services, and change public opinions and attitudes. Therefore, it is important for companies to use public relations as part of their communication strategy.

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How does acquisition work as a self-employed person?

12/23/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
As a self-employed person, you need to build a network to attract new customers. It is important that you promote your services and products to the right target groups so that you reach potential customers. For example, you can use social media channels, online advertising and other marketing strategies to do this. You can also approach potential customers directly and pitch your product or service. It is also important that you provide your customers with good customer service and use a professional sales strategy.
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