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What does an agency general manager earn?

08/30/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The salary of an agency general manager can vary widely depending on the type of agency, size, location, industry, experience, area of responsibility and individual factors. Agency general managers manage and direct the operations of agencies that provide services such as marketing, advertising, PR, design, digital marketing and more. Here are rough benchmarks for agency general manager salaries in different regions:

Europe:

Smaller agencies: €50,000 - €100,000 per year

Medium-sized agencies: €100,000 - €200,000 per year

Larger agencies or renowned agencies: 200,000 € and more per year

USA:

Smaller agencies: $60,000 - $120,000 per year

Medium-sized agencies: $120,000 - $250,000 per year

Larger agencies or prestigious agencies: $250,000 and above per year

These estimates are general guidelines and may vary depending on agency size, service offerings, reputation, financial results, and leadership responsibilities.

Agency general managers often have a high level of responsibility for the agency's business success, client satisfaction, and managing teams. Therefore, salary also reflects the expanded responsibilities and pressures that come with the position.

To get accurate and up-to-date information about agency general manager salaries in your region and industry, it's a good idea to consult trusted salary surveys, job portals or professional associations.

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Why real companies post fake jobs - THIS is really behind it

08/30/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's digital era, where jobs are fiercely contested and competition in the job market is ever-increasing, many job seekers are struggling with a disturbing trend: real companies posting what appear to be fake jobs. These are job openings that look appealing, but in reality do not exist or have already been filled internally. Such a practice may seem ethically questionable at first glance, but there are a few reasons why companies resort to it. In this article, we'll take a look behind the scenes and find out what's really behind it.

Building talent pools:

One of the main motivations for real companies to post fake jobs is to build a qualified talent pool. By collecting applications for non-existent jobs, they can identify potential candidates and store them in their database. Later, when a suitable position becomes available, they can immediately access this pre-qualified pool and speed up the recruiting process.

Image building and market research:

Posting job ads, even if there are no immediate plans to hire, can serve to strengthen the company's image as an attractive employer. Additionally, they gain insight into the labor market, demand for specific skills, and competition in the industry.

Covert investigations:

In some cases, fake job ads can also be used by real companies to spy on employees or competitors. For example, by mentioning specific skills or technologies in the ad, they can check if their competitors are looking for similar skills or if internal information is leaked.

Budgets and compliance:

Sometimes companies need to spend their HR management budgets to avoid cutting their funding for the next year. By posting job ads and interviewing candidates, they can justify their budgets and may receive increased funding in the future. In addition, some companies must meet certain regulatory requirements and receive a minimum number of applications for certain positions.

Flexibility and planning ahead:

The world of work is dynamic and ever-changing. Companies can maintain flexible workforce planning by advertising fake jobs. This allows them to respond quickly to unexpected staffing needs without losing valuable time on job postings.

Although the practice of posting fake jobs is considered unethical by some, real companies may actually have legitimate reasons for doing so. It is important to emphasize that companies should not deceive or mislead their applicants. Communication should be transparent, and applicants should be notified early on if the job is no longer available.

For job seekers, it remains advisable to be vigilant when applying for a job. Research companies in advance, check their online presence, and use personal networks to learn about potential employers. That way, you can focus your time and effort on seizing real job opportunities and advancing your career.

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What are the biggest mistakes when placing Youtube ads?

08/29/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

When placing YouTube ads, there are several mistakes that can be made that can negatively impact the effectiveness and success of the campaign. Here are some of the biggest mistakes that can be made:

Missing targeting: if targeting is not configured properly, ads may be served to the wrong audience. This can lead to low engagement and low conversion rates.

Inadequate ad preparation: Poor design or uninteresting content in the ads may fail to capture viewers' attention. It is important to create engaging and relevant ads to capture viewers' interest.

Missing Call-to-Action (CTA): A clear and compelling call-to-action in the ad is critical to getting viewers to respond to the ad. Without a clear CTA, the ad may miss its mark.

Missing monitoring and optimization: continuous monitoring and optimization of ad campaigns is important to maximize success. Failure to make adjustments to respond to ad performance can result in wasted budgets and ineffective advertising.

Ignoring Analytics Data: YouTube provides detailed analytics data for ad campaigns. If this data is not regularly reviewed and analyzed, it can be difficult to measure campaign success and make necessary adjustments.

Wrong message or tone of voice: It is important to understand the target audience and choose a message and tone of voice that matches. A poorly chosen or inappropriate message can deter audience interest.

Advertisements that are too long or too short: The length of the ad is critical. If the ad is too long, it can bore viewers and make them skip it. On the other hand, an ad that is too short may not convey enough information to keep viewers interested.

It is important to avoid these mistakes and conduct thorough planning, monitoring, and optimization of YouTube ad campaigns to achieve the best possible results.

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Skills shortage & recruitment: Why media presence is essential in the fight for the best talent

08/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Today's business world is characterized by increasing competition for highly skilled professionals. At a time when the shortage of top talent is being felt in various industries, companies have realized that attracting and retaining top-notch employees has become one of the biggest challenges. In this context, it has become evident that a strong media presence is a crucial factor to succeed in the battle for the best talent.

The importance of media presence

In recent years, the media has become a powerful tool to reach, inform and influence people. This power has also affected human resources. Today's professionals are tech-savvy, well-connected and informed. They use a variety of information sources to research, evaluate and select potential employers. A strong media presence, whether in the form of online articles, social media or corporate videos, allows companies to showcase their culture, values and opportunities to a wide audience.

Attracting the best talent

Companies that engage with the media signal not only their openness and transparency, but also their innovative spirit. They show that they keep up with the latest trends and developments in the industry. This is extremely attractive to qualified professionals, as they look for companies that not only offer them employment, but also open up opportunities for personal and professional development.

Building trust and credibility

A solid media presence helps build trust. When companies regularly publish content that offers insights into their work culture, employee success stories, and industry knowledge, it creates a connection with potential applicants. This, in turn, increases the company's credibility and helps make professionals more likely to choose to advance their careers within that organization.

Build long-term relationships

A successful media presence goes beyond simply recruiting talent. It allows companies to build long-term relationships with potential candidates. By regularly sharing useful and relevant content, companies can build a community of professionals who remain interested and engaged over the long term. These relationships can later lead to high-quality applications and successful hires.

In times of a shortage of skilled workers, media presence has become an indispensable tool in the recruitment arsenal. Companies that are visible in the media have a clear advantage in the competition for the best talent. The opportunity to showcase the company culture, capture the interest of professionals, build trust and establish long-term relationships makes investing in media presence a worthwhile strategy for any company looking to reach the top of the industry.

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What is media buying?

08/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Media buying is a term from the field of marketing and refers to the process of buying advertising placements in various media channels. It can include traditional media such as television, radio, newspapers and magazines, as well as digital channels such as websites, social media and mobile apps.

The media buying process usually involves several steps. First, careful planning is done to define the target audience and identify the appropriate media channels. Then, budget allocation is done to efficiently use the available financial resources.

After that, the media buying process is completed.

After planning and budgeting, the actual implementation of the media buying process follows. This involves contacting media representatives or agencies, buying advertising placements and negotiating prices. The media buyer tries to obtain the best possible conditions for the desired advertising placements.

Once the ad placements are purchased, the media buyer monitors their performance and analyzes the results. This analysis makes it possible to evaluate the effectiveness of the advertising and make adjustments as needed. For example, the media buyer can optimize the placement or frequency of the ads to achieve the desired marketing goals.

Media buying is an important component of many marketing campaigns, as it allows companies to communicate their messages to a wide audience and effectively reach their target audience.By using different media channels, companies can maximize their reach and engage potential customers on a variety of platforms.

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