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What is a business model?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A business model describes the fundamental elements of a company, such as its customers, its products or services, its revenue sources, and its cost structure. It is a strategic tool that helps companies identify, plan, and track their profitable business activities. A business model can also help a company differentiate itself from the competition and gain a competitive advantage.
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What is a service portfolio?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A portfolio of accomplishments is a document that contains a summary of an individual's or company's accomplishments. It may include information about prior work, education, experience, skills, qualifications, technical knowledge, accomplishments, and other relevant information. A performance portfolio can be an important tool for a person's or company's success because it provides a consolidated view of skills and accomplishments that can be adjusted to show what is required for specific jobs or positions.
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What is Data Discovery?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Data discovery is a form of data analysis in which data from various sources is collected, analyzed and visualized to uncover and understand business information. The goal is to gain insights into the data that can be useful for decisions and processes within an organization. Data discovery tools can help companies better understand how to use data and improve decision making.
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What are promotional products?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Promotional tools are tools that marketers use to advertise and market their brand. They can come in a variety of formats, including print, audio, video, digital, and social media. Some of the most common promotional tools are advertisements, flyers, brochures, ads, postcards, banners, PR pieces, giveaways, giveaways, email campaigns, and many others. These promotional tools are used to increase brand awareness and customer loyalty, attract potential customers, appease customers, and generate more sales.
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What is Viral Marketing?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Viral marketing refers to a specific type of digital marketing that focuses on the spread of content via social media. The term "viral" comes from Latin and means "like a virus," indicating that the content spreads quickly across the Internet much like a virus. Viral marketing has proven to be an effective advertising tool because it can achieve a wide reach by attracting the attention of potential customers. This type of marketing can include both organic and paid media, including social media posts, videos, images, blogs and email campaigns. It can help establish a brand by attracting new customers and increasing brand awareness.
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