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What are the most pressing issues in online marketing?

09/08/2023 | By: FDS

The most pressing problems in online marketing can vary over time, but some common challenges often remain. Here are some of the most common pressing issues in online marketing:

Data privacy and data protection regulations: With the introduction of laws such as the General Data Protection Regulation (GDPR) in the EU and similar regulations around the world, online marketers face the challenge of ensuring that they are properly collecting, storing and using users' personal data.

Search Engine Visibility (SEO): Constantly changing search engine algorithms make it difficult for companies to achieve good visibility in search results. Optimizing the website for search engines requires continuous adjustments and attention.

Ad blockers and ad blindness: more and more people are using ad blockers to protect themselves from online advertising. This makes it more difficult for brands to reach their target groups via ads. In addition, many users suffer from ad blindness, meaning they often simply ignore online ads.

Increasing competition: the online marketing landscape is extremely competitive. Businesses are struggling to capture users' attention in a flooded online world and to stand out from the competition.

Measurability and Attribution: Accurately measuring and attributing conversions to specific marketing activities can be challenging. Often, users use multiple channels and devices before taking an action, and properly attributing earnings is complex.

Social Media Algorithm Changes: Platforms such as Facebook, Instagram and Twitter regularly adjust their algorithms to present users with more relevant content. This can impact the organic reach of posts and requires brands to make adjustments to their strategies.

Mobile optimization: With the growing number of users using mobile devices, optimizing websites and content for mobile devices is critical. A poor mobile experience can negatively impact user engagement and conversion rates.

Content quality and saturation: High-quality, relevant content is critical to capturing the attention of the target audience. However, as more and more companies produce content, it can be difficult to create standout content that stands out.

Personalization and privacy: users increasingly expect personalized online experiences, but at the same time they are concerned about protecting their privacy. The challenge is to find personalized approaches that are ethical and privacy-compliant.

Technological developments: The rapid development of new technologies such as AI, voice search, and AR/VR opens up new opportunities in online marketing, but also brings with it the challenge of effectively integrating these technologies into marketing strategies.

This list is not exhaustive, as the online marketing landscape is constantly changing. Effectively addressing these challenges requires a combination of strategic thinking, continuous learning and adaptability.

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What does a web designer earn?

09/01/2023 | By: FDS

A web designer's salary can vary widely depending on experience, specialty, location, industry, and individual factors. Web designers are professionals who design and build websites, often combining skills in graphic design, user experience (UX), and web development. Here are rough benchmarks for web designer salaries in different regions:

Europe:

Entry or junior web designer: €25,000 - €40,000 per year

Experienced web designer: €40,000 - €60,000 per year

Senior web designer or subject matter expert: €60,000 and up per year

USA:

Entry or junior web designer: $40,000 - $60,000 per year

Experienced web designer: $60,000 - $80,000 per year

Senior web designer or subject matter expert: $80,000 and up per year

These estimates are general guidelines and may vary depending on specialization (e.g., UI/UX design, graphic design, front-end development), skills, and portfolio. Salary may also depend on the size of the company, location (big city vs. rural area), and industry.

Many web designers also work freelance or on a project basis, which further affects earning potential. Some web designers may also earn additional income from designing logos, business cards, marketing materials, and other graphic design services.

To get accurate and up-to-date information about web designer salaries in your region and industry, I recommend consulting trusted salary surveys, job portals, or professional associations.

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Real wages in Germany to rise slightly in Q2 2023 despite inflation

08/30/2023 | By: FDS

Nominal wages in Germany recorded a remarkable 6.6% year-on-year increase in Q2 2023, the Federal Statistical Office (Destatis) announced today. This marks the highest increase in nominal wages for a reporting quarter since records began in 2008, while consumer prices rose by 6.5% over the same period. As a result, real wages posted a modest 0.1% year-over-year increase, marking the first increase since Q2 2021.

This development was made possible by a combination of factors. A decisive contribution came from the inflation compensation premium, which can amount to up to 3,000 euros and is tax- and duty-free. Employers pay this premium on a voluntary basis. Likewise, the increase in the minimum wage to 12 euros per hour in October 2022 contributed to this positive trend.

The nominal wage increase for marginally employed persons was particularly impressive, at 9.7% compared with the same period last year. This is largely due to the increase in the mini-job earnings threshold from €450 to €520 per month from October 1, 2022, as well as the minimum wage increase. Part-time workers (+7.2%) and apprentices (+8.4%) also recorded above-average wage increases. By contrast, nominal wages of full-time employees rose slightly below average by 6.3%. Within full-time employees, however, the bottom fifth of the wage scale recorded the strongest increases, averaging +11.8%.

An interesting finding from the data is also the wage growth in sectors heavily affected by the Corona crisis. In the hospitality sector, nominal wages increased by an impressive 12.6% compared to Q2 2022, while similarly large increases were seen in the arts, entertainment and recreation (+11.9%) and transportation and warehousing (+10.0%) sectors. These increases can largely be viewed as catch-up effects, as these sectors were hit hard by lockdowns and short-time work during the pandemic.

A closer analysis of the various sectors shows that pre-crisis wage levels - as measured by the nominal wage index in Q2 2019 - have been regained almost everywhere. A few exceptions are motor vehicle manufacturing, other transport equipment manufacturing, and aerospace.

The new earnings indexes beginning with the 2023 reporting year are based on the improved earnings survey, which provides more comprehensive coverage of employment types and economic sectors. As a result, the data provide a more accurate and comprehensive representation of wage growth and its interrelationships in the German economy as a whole.

In the aggregate, the new earnings indices indicate that the German economy is growing at a faster pace.

Overall, the current data suggest that German workers have experienced a slight increase in their purchasing power despite general inflation and economic uncertainties. This could have positive implications for consumption and economic stability, while the sustainability of this development should continue to be monitored.

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Challenges for Expats in Germany: Isolation and Everyday Barriers

08/16/2023 | By: FDS

In Germany, life for expats - people who live and work far from home - is apparently anything but easy. A recently published survey by "Expat Insider" reveals that starting a new life in Germany comes with a variety of challenges. From bureaucratic hurdles to a lack of digitalization and difficulties with social integration - the list of obstacles is long.

The international expat community took to the "Expat Insider" report to offer insight into the lives of expats in various countries. Germany ranked 49th out of a total of 53 countries. The situation seems to be even more difficult only in some other countries. The general quality of life in Germany still reaches 18th place in the ranking. Factors such as the healthcare system, travel and commuting infrastructure and leisure opportunities are included here. Germany also does relatively well at work, with 15th place for earnings and career opportunities, work culture, and job security and wages.

However, a different picture is revealed in the social sphere, with Germany landing in 50th place, indicating a lack of friendliness, difficulties with social networking and an inadequate welcoming culture.

Expats complain in particular about the lack of digitization in Germany. The "Expat Essentials Index," which evaluates the infrastructure designed to help foreigners organize a life abroad, places Germany in last place. A lack of digitization, the tight housing market and language barriers pose significant challenges. Germans' preference for cash meets with a lack of understanding.

Expats working in Germany are often in IT, manufacturing and engineering or the financial sector. They come predominantly from the U.S., the U.K. and India. So the hurdles to a happy life in Germany appear to be high for expats, while other countries are rated as much more hospitable and livable.

The "Expat Insider" survey thus makes it clear that while Germany appears to be an attractive work destination for expats, it faces a number of difficulties in the areas of social integration and infrastructure. Improving these aspects could benefit not only expats, but also the country itself by increasing its appeal to international professionals.

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