60 likes | 62 Views
Cryptocurrency and blockchain technology are going through profound developments. Although mass adoption might not be possible immediately, these technologies are becoming increasingly popular among modern investors.
E N D
The 7 Most Effective Cryptocurrency MarketingStrategiesIn 2022 Cryptocurrencyandblockchaintechnologyaregoingthrough profounddevelopments.Although massadoptionmightnotbepossibleimmediately,thesetechnologiesarebecomingincreasingly popularamongmoderninvestors.Andwith somany innovativecryptoprojectsreleasing frequently,cryptocurrencymarketinghasbecomeanecessityforbrandsandenterprises. AccordingtoTradingView,thetotalmarketcapforcryptocurrenciessurgedtonearly$3trillion onNovember7,2021.Thisisalmosta225%increaseoverthe$923billionmarketcapatthe end of2020,whichitselfwas a380%riseoverthemarketcaprecordedin2019.Anotherreport fromCNBCrevealedthatcryptoandblockchainstartupsraisedawhopping$25.2billionin 2021alone.Thisiseighttimesmorethanthefigurereportedin thepreviousyear.
These numbers are a statistical testament to the exponential growth witnessed in the sector.And thetrendis onlyexpectedtocontinue.Consequently,weseenewcryptoprojectsandbrands beinglaunchedeveryweek,strengtheningtheprojectedgrowthin theindustry. However, theflipsideofthisimpressiveperformanceistheheighteningcompetitionwithinthe cryptospace.Thenewentrants,especially,takethebruntofthisconstanttug-of-war,leadingto muchinstabilityandspeculationintheindustry.Asolidcryptocurrency marketingplanis, therefore, attheheartofeverysuccessfulcryptostartupandproject. WhyIsACryptocurrencyMarketingStrategyImportant? Followingaresome ofthereasons whyafool-proofcryptomarketingstrategyistheneedofthe hour: 1.ReachNewAudiences Eventhebiggestcryptocompaniesalwaysactivelyworktowardsgettingtheirprojectsout there toreachnewpeople.Infact,expansionofyourtarget-audiencerangeisnotaphenomenon exclusivetothecryptoworld.MegabrandslikeCoca-ColaandLevi’salsospendmillionson theirpromotionstrategies toattractneweraudiences. However, theneedtoattractnewuserswithinnovativemarketingcampaignsisevengreaterfor emergingcryptobrandsthathaveaverylimitedaudienceto startwith.Andtoachievethat,an effective cryptomarketingstrategy isvital.
StandOut Amidst theFierceCompetition • Eversinceinvestorsstartedjumpingontothecryptobandwagon,wehaveseennumerouscrypto startupsdebut.Even thoughmostoftheseareeitherpump-and-dumpprojectsor offernothing new,theyaddtothenoise.As aresult,investorsareoften confusedregardingwhichprojectto investin. • Thatiswheredifferentiatedmarketingapproaches,suchasICOmarketing,cryptomarketing, anddigitalcurrencymarketing,canspellthedifferencebetweensuccessandfailureforyournew cryptoproject. • Apowerfulmarketingstrategycanhelpmarketerssingleoutacryptoproject’sindividuality. This,in turn,canhelpitstandoutin theover-crowdedcryptospaceandshine. • EducateYourTarget Audience • Althoughthecryptoindustry isalotbiggerthanitusedtobe,cryptoandblockchainarestill evolvingtechnologies.Hence,manypeoplestillhavealotofdoubts,concerns,andconfusion regardingthisspace.Uncertaintyalsopreventsmany intriguedinvestorsfromdippingtheirfeet intothecryptoworld. • AccordingtoasurveybyYahooFinance,98%oflaypersons donothavethebasic knowledgeofBitcoinandothercryptocurrencies. • CNBCreportedthat oneineverythreecryptoinvestorspossessesverylimitedknowledge of • how cryptocurrenciesactuallywork. • Theawarenessandunderstandingofblockchaininnovationarelowinthemasses.Butthis,too, canbetackledwithanefficientcryptocurrencymarketingstrategy.Suchastrategyshouldnot onlypromoteyourprojectbutalsoeducateconsumers onitsfinerpoints.If youraudiencedoes notunderstandyourprojectfully,theywillneverfeelconfidentenoughtoinvestinit. • Top7CryptocurrencyMarketingStrategiesOf 2022 • Nowthatwe’vetouchedonthenecessityofcryptocurrencymarketing,let’sdelvestraightinto the bestcryptomarketingstrategies. • DigitalPRandMedia Placements • Marketers usedigital PR strategies toimproveacryptoproject’sbrandawareness andonline reputation.Theyachievethisbyleveragingtheirconnectionswithpresspublicationstogettheir projectsfeaturedin differentcryptomediaoutlets. • Also,rememberwhatwesaidearlier?Agoodcryptomarketingstrategyshouldnotonlyattract newaudiencesbutalsoeducatethemaboutyourproject.Andthereishardlyanymarketing techniquethatdoes boththesethingsbetterthandigitalPRandmediaplacements. • Topcrypto-mediapublications,likeBitcoinist,YahooFinance,orNewsBTC,havemillions of • loyalanddedicatedreaderswhotrusttheirword.So,imaginethekindofattentionandcredibility yourbrandwill receivewhenanyoftheseplatformspublisharticlesaboutyourcryptoproject! • SocialMediaMarketing • Understandingyourtargetmarketisthefirststepofasuccessfulmarketingcampaign.Inthecase ofthecryptoindustry,themarketisdominatedbyarelativelyyoungaudience.AstudybyPew
ResearchCenterrevealedover60% ofAmericancryptoinvestorsareagedbetween18and29 years. • Toengagewithsuchayoungconsumerdemographic,youneedtotake yourmarketingpitchto theirmost-frequentedplatforms.Your bestbetistoapproach theseyoungcryptoenthusiasts • through socialmediaplatformswheretheyspendthebulkoftheirtime.Theone-to-many model ofsocialmediamakesitthebestchannelto reachout toalargeaudiencesimultaneously. • Astheentire cryptocommunitygathers ontheseplatforms,anemergingcryptobrandcannot affordtoignorethismarketingavenue.Let’staketheexample ofTwitter,whichis prettymuch • consideredtheultimatehubforhard-corecryptoandNFTfollowers. • Twitteriswhereeveryonediscussesallkindsofupcomingcryptoprojectsandthelatest blockchainevents.Targetingtherightcommunitythrough cryptoTwittermarketingcanbe especiallyeffectiveduringthepre-launchofyourproject. • Othersocialmediasitespopularamongblockchain enthusiastsincludeReddit,Telegram,and Discord. • DMMarketing • DM (directmessage)marketingmaybeafairlynewcryptomarketingstrategy,butit’snot one lackinginimpact. • WithDMmarketing,youcanengagewithyourtargetaudiencedirectlyinsteadofleavingyour luck onthenewsfeedalgorithms.In this regard,aswell,Twitteristhemostuseful,impactful, • and practical platform. You can reach out to thousands of crypto enthusiasts on the platform at once byleveragingcryptoTwitterDM marketing. • Therearetwosignificantadvantages tousingTwitter DMsforcryptomarketing: • Cost-Effective • Marketingteams usuallyhaveto allotasubstantialsumfromtheirbudgettographic designing,videoediting,etc.ButTwitter DM marketingrequiresjustaconvincingpitchand copywritingexpertswhoknowhowtodeliver.Thus,itsavesyoumoney whichcanbespent onresearchandotherareas. • MoreEfficient • There’s onlyonethingworsethannomarketing:marketingthatannoys theaudience. Promotionalcampaignswhichbombardpeoplewithadswithoutdefiningatargetaudience resultinpeoplelosinginterestinyourproject.However,TwitterDMmarketingforcrypto avoids such complications. It takes the marketing pitch directly to the inbox of only those whoshowinterestin thecryptospace. • ListingonCoinMarketCap • Launchedin 2013,CoinMarketCapis themostpopularprice-trackingwebsiteinthe cryptocurrencyworld.Cryptoinvestorsandenthusiastsuseitfortrackingthepricesofthecrypto projectsandassetsthey’reinterestedin.Peoplealsousetheplatform forfindingotherimportant dataregardingdifferentcryptotokensandNFTsprojects. • Moreover,itsonlinelibrary,Alexandria,featuringthousandsofeducationalarticles,isanother reasonformanyusers tofrequentthewebsite.Accordingtosomeonlinetrackers,theonline libraryreceivesmorethan12millionvisits everyday. • Therefore,gettingyourcryptoprojectlistedonCoinMarketCapcan helpdirectmassivetraffic towards it.Moreover,itwillalsohelpyousolidifyyourcryptobrand’scredibilitywithinthe
space.For thesereasons,listing onCoinMarketCapisacryptomarketingstrategythat’s gaining inpopularityamongmarketers. InfluencerMarketing GenZ andmillennialaudienceslookuptosocialmediainfluencersforinspirationon diverse topics.Thesepeopleenjoyalargefanfollowing—ofteninthemillions.Andthecryptoworld isn’texemptfromthis.Thetopcryptoinfluencers,suchasPlan B,loom,andothers,enjoygreat commandandinfluenceovertheirfollowers. What’smore,theirfollowers trustthemandvaluetheiropinions.Youcanuseyourindustry connections tocollaboratewith theseinfluencers,gettingthemto talkaboutyourcryptoproject. Thisis anotherdigitalcurrencymarketingtechniquethatcanboostyourcryptoproject’s visibilityandbrandawarenessimmensely. AffiliateMarketing Affiliatemarketingisamarketingtechniqueinwhichyoucompensatethird-party blogs, websites,andcontentcreatorstogenerateleadstoyourwebsite orimpactdirectsales.Although theconceptissimilartoinfluencermarketing,herein,thecreatorsdon’tnecessarilyneedto have millions offollowers. Infact,anyoneinterestedinyourproductcantakepartin this campaign.Thismarketingmodel is commonlyusedinthee-commerceindustry.However,thesedaysotherindustries arealso experimentingandseeingresultswiththistechnique.Ifdoneright,youcangeneratesizable traffictoyourcryptoproductthroughaffiliatemarketing. Airdrops&Giveaways Airdropsandgiveawaysareincreasinglybecomingacommonmarketingtechniqueinthecrypto industry.Thesehelpnewcompanies tocaptivatetheattentionofthousandsandcapturethe market.Eventhoughthisavenuecanprovetobeexpensiveforsmall-timeventures,theresults andengagementitgeneratesmorethanmakes upforit. HowCanACryptocurrencyMarketingAgencyHelpYou? Theabove-mentionedcryptocurrencystrategiescanhelpyoucanpromoteyourcryptoprojectto alargeaudienceeffectively.However,marketingyourbrand onyourown isn’talwaysagood idea.Manycryptobrandsthesedaysprefertopartnerupwithexperiencedcryptomarketing agencies.Hiringsuchanagencyhasseveralsignificantadvantages.Allowus toelaborate. OutsourceAll Requirements Doingallthelegwork yourselfmeansdealingwithpressrequirements,PR,marketresearch, strategizing,etc. You wouldneedafull-fledgedmarketingteamtoformulatedifferentstrategies andputthemtoeffect.Andthisrequiresagreatdealoftime,energy,andresources. However,youcan saveyourselfmuch ofthisheadachebyhiringaprofessionalcryptomarketing agency.Infact, outsourcingalltheseservicesmayevenhelpyoureapmuchbetter results. RelyontheExperts Whenyouworkwith aprofessionalcryptocurrencymarketingagency,yourelyontheexperts. Thesemarketershaveyearsofexperienceintheindustryandarewell-acquaintedwithallits
nuances.Hence,collaboratingwithacryptoPRfirmwouldmeansmootherstrategy implementations andbetteroutcomes. Cut DownonMarketingExpenses Cryptocurrencymarketinginvolves usingseveralpremiumtools.Thesetools don’tcomecheap, especially forsmallbusinessesorindividualsworkingindependently.Butan experiencedcrypto PRfirmwouldalreadyhaveaccesstoallthelatestmarketingtoolsandtechniques.Therefore, hiringacryptomarketingagencyrelievesyoufromalltheseexpenses. AndwhenitcomestocryptoPRandmarketing,noonedoesitbetterthanDigitalNod.Asthe#1 cryptocurrencymarketingagencyintheever-expandingcryptospace,wecan helpyoubuildthe rightnoisearoundyourcryptoprojectandcatapultittofame. Ourexpertcryptomarketingteamhasbeendeliveringconsistentresultsformany years.Weuse allthelatestandmostmodernmarketingtools andstrategies topromoteourclients’ cryptocurrency-basedprojects.Andwearereadytogotoanyextenttotakethesecryptoprojects tothemoon!Youdon’thavetotakeourwordforit;justaskoneofourthousandsofsatisfied clients! Conclusion Onethingiscertain:blockchaintechnologiesandcryptocurrenciesareheretostay.Moreover, thesetechnologiesaregoingtomakeupanotablepartofourfuture.Andsoon,theirinvolvement willbenoticeableinmanyotherindustriesaswell. So,don’tholdback! Now istheperfecttimetocapitalizeonthis explodingtechnology.Ifyou arelookingforanagencytoprovideend-to-endcryptomarketingandPRsolutions,yoursearch endshere! Contactustoday,andgetreadytomakeyourprojectthenameoneverycrypto enthusiast’slips.