These are top Crypto trading strategies for wider understanding.

Beyond Web3: Crypto Marketing Strategies for Broader Awareness


Designing effective marketing strategies to appeal to a wide audience is critical and challenging at the same time. In the year By 2023, the number of crypto users will reach over 420 million, showing a significant increase in interest and participation.

This growing demographic presents a unique opportunity for companies to craft marketing strategies that resonate across diverse audience groups.

Changing the narrative to reach the masses

Understanding your audience is the foundation of any effective crypto marketing strategy. This means realizing that the common man is more interested in how blockchain technology can improve their daily lives than complex technicalities and jargon.

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For this reason, crypto marketing expert Kevin Hernandez asserts that messaging should promote the real-world application of these technologies. The ultimate goal should be to make them more accessible and relatable to the public.

It is important to choose the right communication channels to reach a wide audience. While traditional crypto-specific channels like X (formerly known as Twitter) or Reddit have value, Hernandez points out the importance of tapping into popular platforms like Instagram, Facebook and WhatsApp.

Engaging audiences on these platforms can help break down barriers to entry. Thus creating a more inclusive environment for discussion around crypto.

“Content that is very dense on money or financial matters will only reach a small audience. Now, instead, if we put in place a cost-effective solution that addresses inflation issues and reflects the content in a way that anyone can use on a normal day, the public can connect with the message better, which can lead to growth.” It adds to the community,” Hernandez said.

Read more: 13 Best Crypto Marketing Agencies for 2023

Therefore, participation and education are critical components of this strategy. Simplifying content to make it more relatable and focusing on practical solutions to common problems creates stronger connections. Given the knowledge gap in crypto awareness among various demographic groups, education is critical.

For example, in A July 2023 survey found that while 26 percent of millennials owned Bitcoin, only 14 percent of all American adults did, highlighting the importance of educational efforts to bridge the divide.

“We have a real challenge here. Nowadays, younger generations tend to embrace technology. But marketing the products as antimicrobials to target older generations may not work to eradicate the traditional system. The approach should be more passive, co-existing, demonstrating the benefits of blockchain technology to improve existing systems, Hernandez added.

Building trust and solving real world problems

Building trust and branding are key aspects of Hernandez's approach. He advised crypto projects to foster positive user experiences and build trust with their audience by maintaining good governance practices.

“During a bear market, projects that survive are separated from those that disappear due to natural selection. Trust is found after the relationship between the platform and users, and you cannot buy this relationship, you have to build it. And usually, the easiest way is through a positive experience, solving problems organically and in the daily life of the user. It's about being in motion,” Hernandez emphasized.

With 70% of crypto investors being men, there is a critical need for inclusive strategies that appeal to a wider audience, including women and older, tech-oriented groups. Crypto marketing efforts should help those unfamiliar with digital technologies build a strong community beyond native token value.

Therefore, as crypto gains mainstream acceptance, trading strategies must adapt. Cryptocurrencies and blockchain technology should be presented as financial freedom tools and solutions for everyday financial needs.

This change in perception is crucial for crypto to become as common and user-friendly as other mainstream financial instruments.

Read More: 6 Best Web3 Marketing Agencies To Support Your Crypto Project

Demographics of Crypto Ownership. Source: Statista

Hernandez explained customer testimonials and reviews of crypto projects on the market to a wide audience. Positive feedback and real-world stories of how crypto has benefited users can be powerful tools in driving adoption.

“I think the best example I can give is my recent trip to Bogotá, I saw a lot of people who didn't have a lot of money, and in most places they didn't accept cards like Zinli or Wally, but we had bitcoins and we went. To an ATM to withdraw pesos with Bitcoin seamlessly. This simple experience solves a problem for us using technology. Now imagine that this experience is embedded in a marketing strategy, and you'll get great results,” Hernandez said.

These examples give credibility to the projects. They also provide relevant narratives that can convince potential users to explore and adopt crypto solutions.

Disclaimer

Following Trust Project guidelines, this feature article presents opinions and perspectives from industry experts or individuals. BeInCrypto is committed to transparent reporting, but the views expressed in this article do not necessarily reflect those of BeInCrypto or its employees. Readers should independently verify information and consult with a professional before making decisions based on this content.

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