In today’s world, DeFi is the most important part of the financial sector. DeFi has overshadowed traditional finance, making it a better thing in the long run.
A DeFi project must be seen, heard, and discussed if it is to be sent to the moon. As a result, you must consider how and to whom you will advertise when planning the pre-launch of your DeFi project marketing campaign. Once you know who you want to interact with, where they congregate, and what their issues are, you’ll be able to direct your DeFi marketing campaign in the right direction. You’ll be well on your way to launching the perfect product if you use the following DeFi marketing strategy.
Hiring a DeFi marketing company could ease you out with the way they make the strategies work based on your project requirements.
The world’s best finance now: DeFi
Decentralized finance (DeFi), also known as crypto finance, aims to replace banks with cryptocurrency (DeFi coins) and financial products, effectively eliminating the need for them. It’s done through a system of decentralized applications (dApps) based on smart contracts (much like the apps on our smartphones). To put it another way, we can now borrow, take out loans, and earn interest on our cryptocurrencies just like we can with regular cash. All without the need for identification, a Social Security number, or any other personal information!
But, oh, it goes so much further. DeFi and crypto are much deeper and more complex, arising from underlying concerns within the current financial ecosystem.
DeFi aims to address some of these issues by allowing everyone, regardless of ethnicity, geographic location, cultural identity, or other factors, permissionless and open access to financial services.
When it comes to getting DeFi projects to where they need to be, the marketing stages are crucial. There are three stages where DeFi stands tall. However, in this blog, let us see the phase prior to the DeFi launch. However, hiring the best DeFi marketing services from top-rated companies holds you in the competition.
The marketing for the early stage of DeFi
Landing Page and website
Many people doubted DeFi’s success when it first entered the finance industry. This is where the display ads would direct potential subscribers, so it’s critical to get it right. Everything you do after this page will lead to your DeFi or crypto marketing strategy, so it’s critical that you define it now. Consider it the ‘center of attention,’ with the goal of attracting potential clients.
You must ask questions and then respond appropriately in order to obtain the desired outcome.
Influencer marketing is all the hype as everyone like recommendations from the ones they follow/trust. Many DeFi and crypto blogging influencers have worked hard to build a loyal following, so it makes sense to try to build your own brand and reputation while leveraging their credibility.
The cryptocurrency and decentralized finance fields have been dominated by YouTube, Instagram, and Telegram, which are the most popular channels for both decentralized finance and crypto-related topics. A review is likely to be the most profitable as influencers and KOLs will dive right into your DeFi platform and highlight its benefits to their entire audience.
Instagram is the newest addition to the DeFi marketing social media platforms. It may not appear to be the most obvious choice when running your pre-marketing campaign. It does, however, fit within an omnichannel marketing approach, in which you reach out to potential prospects regardless of their location. Of course, viral posts can help your DeFi startup grow, and while they’re frequently outrageous, they’re a great example of how to go viral from the start.
Display ads are vital in getting the target audience at the pre-launch stages as it is the place where your budget would be tight, and there will be a need for your brand to be widespread across your crowd. Making your brand the heart of your audience is the ultimate part of the pre-launch stage. You need to lay the foundation for your DeFi project and act accordingly with the delivery of the brand using display ads to the right people.
Email marketing plays a pivotal role in growing your contacts who are interested in your brand. You could keep them informed about the regular updates and other information that you would like to provide in order to grow your brand. It is also an important process where you can convert the leads that you might have received from the landing pages and Display ads. Those emails must be configured according to the specific time, day, and so on. Do stay in touch with every new user and start building what you are up to.
Taking on the world of well-known DeFi projects demands the use of multiple tools. Collaborating with other projects in this situation can provide you with early access to your own early-bird users. Look for collaborations that can benefit both of you, as all partnerships are founded with the objective of obtaining a mutually beneficial conclusion. In exchange, you’ll gain access to an established pool of users that are eager to transfer to your services and appreciate the DeFi solution you offer.
Groups on social media
People form strong bonds on social media platforms, and they could be the most beneficial aspect of your project in achieving the desired results. You can easily find out how to target people who are interested in your projects, which could be a huge thing. Share articles about your venture, videos, whitepapers, and litepapers through social media groups and pages dedicated to your initiative, as well as connections to your website. Join networks that share a shared interest in decentralized finance to make use of what’s already available. Increase indexation, community interest, and visibility by posting content on the DeFi project’s social media pages.
DeFi marketing with Medium
Many people post on Medium as they are free of cost and could be the ones who could bring the desired results. They publish articles on Medium about blockchain and DeFi crowds, and when they use the right keyword optimization, their articles appear on the first page of Google search results. You can post articles about defi and other topics that will help you get the best results based on their website rank.
DeFi marketing with Reddit & Telegram
Both are known for attracting crypto, and early adopters. Share links to DeFi project-related articles and topics in DeFi subreddits and community forums within Telegram (which can support up to 200,000 in one community alone!) to promote your DeFi project. There are two techniques to DeFi marketing on Reddit. The first stage is to go completely organic, which entails starting dialogues and debates regarding decentralized finance and the role your projects play in it. The second method is to contact moderators of DeFi-related subreddits and discuss how you can use their help to promote your startup and reach the audience that the subreddit has to access.
Telegram channels like BTC Champ and IEO Pools attract a diverse range of users, including cryptocurrency traders, who may be exactly what your DeFi project requires. You’ll have to select between sponsored and organic marketing on Reddit, similar to DeFi marketing, with the latter indicating talking to users, creating a dialogue, and being the community’s information source.
The DeFi marketing strategies used are making it count with the way you start promoting your brand in the early stages of your DeFi project. However, choose wisely and post regular content on your project so that your content reaches your audience at the right time. It could be a future right for your DeFi projects.