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News / Blog: #success

What are common sources of error for startups?

12/29/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. not investing enough time and resources: Many startups underestimate how much time and resources it takes to be successful. One mistake that is often made is to plan beyond the most important elements of a business instead of focusing on the most important tasks.

2. Insufficient funding: without sufficient funding, a startup cannot survive. Many startups try to get by on a limited budget, but it's important to have enough money to develop and grow the business.

3. Lack of market research: market research is an essential part of a startup's success, but many companies don't take it seriously enough. They need to know who their target customers are, what they want, and what they value in order to improve their product or service.

4. Faulty products or services: If a startup offers a bad product or service, they will not be able to convince their target customers. Therefore, startups need to make sure that their products and services are of the highest quality before launching them.

5. Lack of communication: a startup needs to reach out to their target customers in order to succeed. However, to do so, they need to develop a strong communication strategy and ensure that they stay in touch with their customers.

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Content-Bot - Artificial Intelligence and the text creation for websites and videos

12/29/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Artificial intelligence is an important tool for creating text for websites and videos. With the help of AI-based solutions, it is possible to automatically generate text content that suits the purpose at hand. Artificial intelligence can also be used to perform optimization of text content for search engines by identifying the relevant keywords and adjusting the texts accordingly. AI-based tools can also be used to analyze videos and optimize the insertions to improve viewability. Artificial intelligence can also be used to automatically cut and edit videos, as well as facilitate post-editing. Artificial intelligence can thus help make websites and videos more effective and successful.
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What advice should those interested in starting a business take to heart?

12/28/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Those interested in starting a business should first inform themselves well and develop a comprehensive understanding of their own industry, market, customers and competitors. It is important to develop a unique business model that stands out from the competition. A good business plan is the key to success. In addition, people interested in starting a business should not only rely on their own ideas, but also seek the opinions and experiences of others. Above all, they should have the courage to pursue their ideas and not be discouraged by setbacks.
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How to implement successful cross-selling

12/28/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Define your goals: Think about the type of cross-selling strategy you want to pursue and the results you want to achieve.

2. Define your target group: define your target group so that you know which products and services best suit them.

3. Create a concept: Create a concept that will form the basis of your cross-selling strategy.

4. Measure the results: To see if your cross-selling strategy is successful, you need to measure results regularly.

5. Test new ideas: Test new ideas to see if they work for your target audience.

6. Optimize the strategy: review and optimize your cross-selling strategy so that it is still relevant and successful.

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Why it is important to choose the right wording in a press release

12/28/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Press releases are an important part of media-based marketing. They can portray your brand and company in a positive light, attract new customers and spread important news. That's why it's important to choose the right wording in a press release.

The right choice of words and tone can make the difference between a successful press release and a less successful one. A press release with meaningful and professional language can help ensure that your brand and company are taken seriously. It can also help readers more easily understand the essential information in the text.

A press release should also be able to grab the attention of readers. With the right wording, you can make your message not only clear and understandable, but also interesting and appealing.

The most important thing is to choose the right wording that will make your message clear and concise. It is also important that you choose the right language to grab the attention of the readers. With the right wording, you can ensure that your press release is successful and that your message gets to the right people.

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