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What are common misconceptions about online marketing?

02/24/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Online marketing is easy: Many believe that online marketing is easy and that you can achieve success quickly. But that is not the case. Online marketing requires strategy, patience, continuity and constant adjustments.

Online marketing is cheap: Although online marketing is often less expensive than traditional marketing, it can still be expensive, especially if done incorrectly. A good strategy requires time, resources and sometimes investment.

Online marketing is always the best choice: Online marketing is not always the best choice for every business or every target audience. Sometimes offline marketing efforts or a combination of online and offline marketing may be more appropriate.

One-off campaigns will do: Success in online marketing requires continuity and regular adjustments. A one-time action or campaign will rarely be successful in the long run.

Success in online marketing is guaranteed: There is no guarantee of success in online marketing. As with any other business, there are risks and uncertainties. Careful planning, execution and monitoring are necessary to maximize success.

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What are typical mistakes in online marketing?

02/23/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

No clear strategy: A clear and well thought-out strategy is the key to success in online marketing. Without a clear idea of who the target audience is, what the goals are, and what tactics to use, marketing can be unfocused and ineffective.

Incorrect targeting: incorrect audience definition can result in marketing efforts being directed to the wrong people, wasting time and money.

Poorly designed landing pages: the landing page is where a visitor is supposed to be converted into a customer. If the landing page is not clearly and invitingly designed, it will be difficult to convert visitors into customers.

Poor content: Content is the key to success in online marketing. Poorly written or irrelevant content can cause potential customers to stop engaging and turn away from the brand.

Ignoring Mobile Optimization: more and more people are using mobile devices to browse the internet. A lack of mobile optimization can result in potential customers being deterred from using the website.

Lack of analysis and adaptation: success in online marketing requires continuous analysis and adaptation to the changing needs of the target audience and the market. If analysis and adaptation do not take place, marketing can quickly become outdated and ineffective.

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What are typical beginner mistakes when designing and running Google Ads?

02/22/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Wrong keyword selection: Keyword selection is critical to the success of your Google Ads campaign. Avoid choosing keywords that are too general or focusing on only a handful of keywords. Instead, use keyword tools to find relevant and specific keywords related to your product or service.

Insufficient budget: having too little budget can result in your ads not being displayed enough times, and therefore not generating relevant clicks. It is important that you budget enough to make your ads visible and drive potential customers to your website.

Lack of landing page optimization: When you run a Google Ads ad, it is important to make sure that the landing page you link to is relevant and user-friendly. Otherwise, you risk users leaving your site quickly and you won't achieve success.

Missing ad extensions: Ad extensions are an important part of Google Ads. They can help make your ad more eye-catching and informative. Use the various ad extensions to include additional information like opening hours, location, and phone number in your ad.

Lack of conversion tracking: without conversion tracking, you can't accurately measure which ads are successful and which are not. Use Google's conversion tracking tool to see which ads are leading to conversions on your website and adjust your campaign accordingly.

Not monitoring regularly: It is important that you monitor and adjust your Google Ads campaign regularly. Otherwise, you run the risk of your ads becoming ineffective and wasting valuable budget.

No targeting: Use the various targeting options to ensure that your ads are played out to the right users. Otherwise, you risk your ads being served to people who are not interested in your product or service.

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What Google Ads can not do?

02/21/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

While Google Ads is a powerful tool for increasing online visibility and traffic, there are also some things it can't do:

It can't replace a poor website experience: If the company's website is not user-friendly, a Google Ads campaign alone will not be enough to achieve a high conversion rate.

It can't guarantee success on its own: Even if a Google Ads campaign is executed very well, it is not a guarantee that the company will be successful. Success requires a holistic strategy and other factors such as customer service, product quality and pricing also play an important role.

It can't convert all traffic into quality leads: although Google Ads campaigns can drive traffic to the company's website, it doesn't automatically mean that every visitor is a potential customer. It requires further strategies to convert traffic into quality leads.

It can't guarantee instant results: It may take some time for a Google Ads campaign to deliver the desired results. The campaign needs to be continuously monitored and optimized to get the best out of it.

It may not cover all keywords: although Google Ads campaigns can cover a wide range of keywords, there are some specific keywords that may not be covered. In this case, it may be necessary to use alternative strategies such as SEO or content marketing to cover these keywords.

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How to run effective monitoring and reporting

02/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Define your goals: Before you start monitoring and reporting, you need to think about what goals you want to achieve. Define specific metrics for success and make sure they align with business goals.

2. Develop an overarching planning and reporting concept: develop a reporting concept that includes all necessary reports. Define what data should be included in the reports, who should receive the reports, and when they should be sent.

3. Select the right tools: You need the right tools to run your monitoring and reporting efficiently and successfully. Select software that fits your business strategy and allows easy integration with your existing IT systems.

4. Develop a reliable data collection system: Collecting and storing data is an essential part of effective monitoring and reporting. Develop a reliable and scalable data collection system that captures and stores all relevant data.

5. Analyze the data: You need to analyze the collected data to draw reliable conclusions about the performance of your business. Use the right tools to visualize and evaluate the data.

6. Create reports: create reports that contain the most important results of your data analysis. These reports should be easy to understand and include a brief summary of key findings.

7. Share the results: Share the results of your monitoring and reporting with your staff, colleagues, and business partners. This way, everyone involved can use the results to improve their work.

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