There is a very specific way to installing the update.

You will find this text in your computer in the directory '\traktorfs\'
in the root of the drive you selected to unzip the update)

Click on the update link and choose the option 'OPEN'
Confirm to start the extraction
As destination select the root directory on any drive of your computer (i.e. C:\)
Verify if the option 'Use File Path' is checked


After succesful installation verify if the following 3 files
have been installed in the root of the selected drive:
\traktorfs\traktorfs.tag
\traktorfs\updates\tfs-111RC1.tuc
\traktorfs\updates\tfs-111RC1.tup

Boot into Traktor FS and quit the application to get to the service menu
Select the option: '3 Update Traktor FS'
Reboot your computer