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How to create the perfect ICO/STO marketing strategy

Posted 29 Jun-2020 04:15 PM by wagner | 556

IN 2017, there was a boom at the ICO (Initial Coin Offering) business. The ICO fundraising method, initiated by Ethereum back in 2014, nevertheless falls considerably short of their $188.8 billion raised from over 1,600 traditional Initial Public Offering (IPO) projects in 2017. Despite ICOs increasing only about 2% of IPO proceeds worldwide, ICOs are becoming more popular than IPOs. In the first 3 weeks of 2018 alone, ICOs raised more money than the entire of 2017. The $13.7 billion mark was hit 5 months in and it is currently at an estimated $21.7 billion.

However, not every ICO is a success. E.g. at 2017, the 10 biggest ICOs accounted for at least 25% of the entire amount of money raised, with only 48% of ICOs termed successful. Competition is fierce. This while now there are more than 2,094 cryptocurrencies in flow spread across nearly 15,840 markets.

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The gap between failure and success in regards to an ICO/STO (Security Token Offering), more frequently than not, is at the advertising. Planning a winning strategy to advertise your ICO/STO project from the start is absolutely essential. Hire SEO Consultants  It can be argued that a promotion strategy might be more important than the actual product itself. That is because while your merchandise may alter, the perception the public has of your staff and endeavor rarely conveys a poor first impression.

Successful ICO/STO advertising campaigns utilize lots of different advertising channels, from the conventional and established methodologies to the very latest innovative techniques used in advertising. As competition and budgets gain in the ICO/STO world, so will the need for advanced, out-of-the-box marketing strategies. If you want to make an ICO or STO that is effective, you'll require a multi-faceted strategy that maximizes limited funds and uses different traditional and non-conventional advertising channels.

The year 2017 was the'Wild West' of First Coin Offerings (ICOs) - it was simple to take an ICO to advertise and to obtain funding outside of traditional channels as offered by the legacy banking system. Unfortunately this opened the door to suspicious players who have done enormous harm to the market, prompting players like the U.S. Securities and Exchange Commission (SEC) to measure in.
Data suggests that by the year 2020 the market is going to be dominated by STOs to the tune of $10 trillion. It's very important to take note of the change from the marketplace - and to plan accordingly.

Utility vs Safety Token

It's of extreme value to market your token the correct way from the beginning. E.g. if your investment is a security token, but you promote it as a utility token - you stand the real danger of having your project closed down by the authorities or even worse.

There are lots of ICOs, especially among the ones who started this past year, that didn't do it right from the start and they now have a lot of explaining to do to both supporters and the authorities.

Spare yourself a lot of headaches by getting it right from day one. It's best to check with legal specialists who specialize in this field first Web Designing Company . Besides avoiding running to the problem mentioned above rather than having to re-do marketing content way in, getting it right will show those that are interested in purchasing into your ICO/STO that you can not be dismissed lightly.

The Pre-Launch Phase

Your advertising plan begins months before your ICO/STO launches. While your job is still in the preparation phase, it's important to become an active part of the crypto community, even if you are not already. Building links will make it a lot easier to publicize your ICO/STO the moment it starts. This is your chance to glean information that may improve the advertising strategy of your ICO/STO along with your ICO/STO itself. By engaging the crypto community, you'll learn what jobs the community is excited about and what marketing efforts actually appear to engage them. Take notes about what does and doesn't do the job.

If your project will benefit people out the crypto community, then spend some time networking together as well. Collect ideas for what issues they have the blockchain can solve, beyond everything you envisioned for your product.

A significant side effect of this phase is that you'll also be constructing older reports on social networking and forums -- we'll get in the significance of that later.

The Price: Your only real investment for this point should be your time.

Construct a Killer Website and Creatives for Your ICO or STO

Your site is your store's window. If you walk past a store with an untidy, cluttered, or sparse window screen, it is likely that you are not likely to enter. The identical principle applies to your website. If you provide a slow, untidy, and unappealing website to your ICO/STO, then people will get turned off very quickly. Your website's design, content, layout, and ease of navigation are important. Nonetheless, these aspects frequently do not get the attention that they deserve.

In a lot of ways, your website should be the focal point of your ICO/STO advertising plan. It is the first impression the community will have of your job and you can't afford to get this wrong. Your site needs to be clear, succinct, and simple to navigate. All the crucial data, such as information on the best way to put money into the ICO/STO, needs to be readily accessible, well presented, and sell the offering without creating falsehoods or promises you'll be not able to fulfil. Within the website, there also needs to be a clear Call-to-Action (CTA) section that tempts investors to become whitelisted ('a distinctive list' of possible contributors) or get involved in any pre-sale.

All graphics and creatives must follow the exact same methodology of being eye catching and clear while not making claims that can't be kept. When someone sees a banner for your first time, its content is the difference between a click-through and a blow off, success and failure. Products and sites can be altered, however, the initial impression from a banner or website cannot.

If possible, a short video on the web site which explains your product and ICO/STO may be an important asset. A picture paints a thousand words, and also a short, clear, and engaging video gives a better idea to potential investors as to what they could expect.

The Cost: The cost to build a website can differ tremendously, from hundreds to thousands of bucks. Skimping on price for your site is a false economy. Though you might not need to create the best website on the internet, there are certain expectations of what an ICO/STO website must possess. These comprise a modern design, clear navigation, and educational content.

Publish on Blogs, Medium, and Steemit

While working on your website and creative materials, remember the value of the written word. Blogging is a valuable instrument for establishing yourself in the cryptocurrency community. It is up to you if you have a blog in your project's site, or if you prefer to submit guest posts to well-established crypto and technology sites.

Medium is a great source of information for the crypto community.  Organic SEO Marketing The Medium community is big, educated, and engaged. Publishing there, or even commenting on well-read blogs, is a measure that can't be ignored.

Steemit is also well known in the crypto-sphere, but it's not necessary to create unique content for this. Sharing brief articles there may be a fantastic way to spread the word regarding everything your ICO/STO is all about.

Both Moderate and Steemit have performance that enables users to"upvote" content, so it's important that you create quality content that individuals may want to read and discuss with others. Articles for all these platforms should share solutions or ideas, instead of simply being a description of your ICO/STO.

If your team does not incorporate any strong writers, you may have to outsource this task to professional copywriters.

The Cost: If you're in a position to compose your own sites, this won't take anything from your advertising budget. Freelance copywriters might charge by the term, hour, or post. The more experienced and knowledgeable they are, the more they will cost. Beware of writers with surprisingly low prices, because they might have poor language skills or participate in plagiarism more frequently than not.

The worth of PR and Media Outreach

When the website is done, it's time to begin your public relations outreach. The public needs to learn about your ICO/STO and you have a number of alternatives available to you to maximize your PR and media outreach. Press releases are a tried and tested way of getting your ICO's/STO's message out to the public. There are a few top-tier websites that may publish your press release, but unless you have a connection with these websites, you will most likely need to pay a premium to get your press release printed.

Articles published in the very popular of crypto media outlets are another excellent way of getting your ICO/STO in the public domain. There are some outlets that haven't any issues with publishing well-written content at no cost, but the majority of the best outlets charge a premium for publishing your article.

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The Cost: You have two options for PR and media outreach in Regards to your own ICO/STO. You can outsource to bureaus and anticipate a small number of press releases and articles to be published on top-tier sites, at a cost of about $50,000. The other option is to do this yourself, with enough motivation and time, the staff may do it on their own without spending outrageous amounts of money to get a PR company.

Social networking management and cryptocurrency community management are very important to the success of an ICO/STO or STO. Even the crypto community is educated, huge, and expanding, and have to be tapped into as a way to accomplish the results you want to your ICO/STO. Dynamic Website Development Acquiring the trust of the community has to be treated as a priority. The way the ICO/STO is introduced will ascertain the amount of trust within the community, and finally may be the deciding factor between success and failure for your ICO/STO project. There's a veritable abundance of online channels available for promoting ICOs/STOs, but Some of the top free ICO/STO marketing channels are as follows:

Facebook classes: There are any number of classes on Facebook that frequently discuss ICOs, STOs, blockchain, and cryptocurrencies.

Reddit: There are many channels that are extremely popular with the crypto community. A high amount of exposure can be accomplished through the invention of subreddits or even simply by commenting on existing threads. Most crypto subreddits require a minimal account era and karma, so make certain to become active well before you start your ICO/STO.

Telegram: This is a social media channel which should never be dismissed. Telegram is very much the next generation of community building and messaging.

Quora Discussions: Quora is proving to be a less valuable channel for its coverage of ICOs/STOs than others. That being said, posting in frequently updated threads can help gain exposure.

Remember that articles here must be from the perspective of the CEO and the profile has to be that of the CEO - not the company. Failure to obey this will lead to serious limitations by Quora.

LinkedIn Groups: There are quite a few LinkedIn groups with members running into the tens of thousands. Joining these groups and being active in them may help you connect to other industry leaders. This is best performed by the CEO or someone in house.

Instagram: based on the attention of your ICO/STO, Instagram may also be useful if you use images/videos to publicize your ICO/STO. It is sometimes a relevant platform if you're focused on style, photography, travel, lifestyle, or if you've got a great in house creatives department which may create viral memes.


Specialized Forums: Popular technical forums, are widely read from the crypto community and are,a great source of vulnerability for your ICO/STO. Like Reddit, some of those forums have accounts age and action requirements, hence the importance of building your existence in the community throughout the pre-launch phase.

Though you will probably have a team specializing in social networking, it's also highly beneficial for a minumum of one big member of your staff -- founder, CEO, president, or even lead programmer -- to have active participation in your social media outreach strategy. Mature social networking accounts that feature your job help build confidence in your ICO/STO. Likewise, maintaining an active and engaging presence on the channels and forums devoted to your project can help fans feel a deeper connection to your project.

The Price: Working online forums and societal media channels is labour intensive. This is sometimes achieved in-house, but you'll still need to budget at least $5,000 to find knowledgeable managers who will administer a thriving social networking direction (SMM) and community building strategy. Outsourcing to a agency will ensure the degree of experience needed to maximize the all-important community and societal media stations, but at a price of around $50,000 or more.

Using PPC to Get Results

Bans on ICO/STO advertisements, for Google, Facebook, and Twitter narrow the area on wherever your ICO/STO can be promoted. The bans are a manifestation of their volatility and high threat of ICO/STO investment and also make utilizing PPC difficult but not impossible. Specialized crypto networks, such as CoinTraffic, supply targeted visitors, while banner ads ought to be viewed on relevant sites, forums, news publications, or other online platforms which have readers interested in the digital money and blockchain sphere.

Addendum: As October 2018, controlled cryptocurrency exchanges will be permitted to advertise on Google in the USA and Japan. It remains to be seen whether this acceptance of some crypto advertisements are going to end in a lift of the ICO ad ban.

The Price: As ICO/STO marketing becomes increasingly more limited, the demand for alternative platforms becomes larger. Pay-Per-Click (PPC) campaigns are a fantastic source of targeted traffic, and if done correctly, can be cost effective regardless of the high prices of advertisements. Specialized crypto networks have become costly due to the PPC opportunities available, but there are frequently packaged deals offered which contain banner placement and content novel opportunities. Employing an agency to professionally handle all your PPC needs can cost between $50,000 -- $250,000 for media alone. Another management fee of between 10 percent -- 20% ought to be added to the cost too.

In the immediacy of marketing ICOs and STOs, search engine optimisation (SEO) gets wrongly overlooked. As an increasing number of restrictions are applied to marketing ICOs/STOs, SEO becomes increasingly important. There are just two SEO strategies which needs to be formulated. The first is an search-engine plan, making sure your site is optimized for SEO in sync using a well-researched key word and content creation strategy.

SEO should be the basis for your ICO/STO marketing plan. Too frequently, ICO/STO advertising plans neglect SEO and it's to their own peril. SEO optimization, both search-engine and off-page, will guarantee there is vulnerability to a ICO/STO long after the launching. Where there is no SEO strategy or optimization, it's an indication that the ICO/STO only has a short term focus. This may scare off the savvier investors. Too many ICOs/STOs concentrate on just the short-term capital generation of the ICO/STO, i.e. the launching, but for the ICO/STO project for a long-term achievement, the marketing strategy must incorporate an SEO-optimized website and an off-page link building plan with online reputation management. When performed properly, without potentially harmful short-cuts, SEO can provide a easy, cost-effective, and long-term solution to guarantee continued visibility and viability of your ICO/STO project.

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The Price: SEO is the 1 portion of the ICO/STO advertising strategy that the use of an outsourced agency is always recommended. You also have to remember that SEO is an ongoing process, with a minimum of three months necessary to begin attaining the desired benefits. Budget a minimum of $4,500 monthly for three months with a reputable agency to form an effective search engine optimization strategy.

You should not send advertising emails to people without first obtaining their approval. There's a limited exception for your own previous customers called the'soft opt-in', but sending unsolicited'spam' emails may damage your company's reputation, the ability to send additional emails, and incur a financial penalty.

A fantastic long-term solution is to construct your own email list, but it takes time. For many ICOs and STOs this is simply not possible. While taking shortcuts in email marketing may bring in quick results, there is the very clear potential to cause more lasting harm than good. Agencies offer a solution, as they have their own email lists together with people who've'opted-in'. It is also possible to perform some sort of email marketing on a lesser scale on your own. In all circumstances, it's very important to build your own email marketing list so as to optimize your interest base. Strong direct capture with clear opt-ins over a period of time may give you a healthy list to advertise to. If done on your own, this may cost between $500 -- $1,000 on a monthly basis.

How a Bounty Program Could Boost Your ICO/STO

A bounty program is one marketing channel that is proving to be an effective part of any ICO/STO advertising strategy. Structured as a incentive-based rewards methodology, bounty programs provide compensation and incentives that can be used to attract investors and other stakeholders into your ICO/STO. Many ICO/STO marketing campaigns run some kind of bounty program, with supplies available during the length of the ICO/STO. Bounty programs can be helpful in some cases, but not all. You need to carefully examine and make a decision about it on a case by case basis. In case you opt to perform a bounty plan, you should begin as soon as you can and finish close to the pre-sale.

Airdropping has become another popular way of attracting attention to your ICO/STO. While the notion of dispersing free tokens has been implemented in many ICOs/STOs, there needs to be a clear and planned strategy in place in order for airdropping applications to succeed. If an ICO/STO starts airdropping too much and giving away too many tokens, it is going to raise concerns for some investors. Carefully think about the pros and cons of an airdrop.

Formulating an effective bounty program demands balance and know-how. In the event the ideal offers are provided, airdropping can be a great way of generating attention and garnering investment. Offer too little, or no wages in any way, and you put yourself at risk of not maximizing your campaigns. Offer a lot of and there is a fantastic possibility that a number of investors will view the ICO/STO for a scam or not a worthwhile investment.

The timing of airdrops must coincide with if you want to draw the maximum attention to your ICO/STO. Normally, both most advantageous times for airdrops are before the pre-sale or between the pre-sale and main sale.

The Cost: Businesses exist to oversee the bounty program from begin to finish, and cost approximately $3,000 -- $7,000. It is advised that any ICO/STO should set aside between 0.5 -- 1.0percent of their tokens particularly for bounty programs, based upon the job's individual needs.

Getting your ICO or STO on specific websites which record ICOs/STOs are fantastic for ICO/STO coverage and exposure. There are a few free websites which you can get recorded on, but the best and hottest ICO/STO listing websites will charge a premium. Be aware that if a site doesn't specifically mention STOs, they likely include security tokens in their list as well.

The Price: An outsourced agency can provide the best and most extensive coverage for around $20,000. The cost of an effective in-house ICO/STO listing strategy is normally within the $5,000-$10,000 range, plus any costs to manually administer.

Crypto Occasions

Conventions and events centered around the crypto and blockchain industry are being held globally every week. Attending, sponsoring, as well as hosting crypto occasions are great methods of communicating and networking with your ICO/STO to interested parties. Events and conferences provide the ideal chance for face-to-face communicating. The costs and benefits of hosting or attending events will come via trial and error. There are still a small number of really great events that you ought to factor into your own ICO/STO marketing plan, but do not expect to gain a lot of investors at these events. A definite, well-presented message and merchandise at a great occasion should raise chances of stakeholder investment and is fantastic for brand building overall. Should you decide to attend some occasions we propose to judge interest and create meetups centered in your ICO/STO parallel to such events.
They ought to be well-spoken, social, and knowledgeable about your project as well as the blockchain in general.

The Price: Could fluctuate widely, depending on whether you are a paid speaker or a paying attendee. If you will be setting up a booth, you'll have to factor in those fees as well as the price of having many individuals to staff the booth, and any promotional items you're need available. Finally, travel costs need to be taken into consideration (unless you're engaging in a virtual event).

Post ICO/STO Marketing

The ICO or STO is finished and you might believe that the time has arrived to set your head down and focus on finishing the project. Despite the fact that you have finished meeting your delicate cap and/or hard cap, you haven't finished marketing. It's vital to keep an active social networking presence in the article ICO/STO marketing stage, too.

Your investors will probably have questions regarding the project's progress. Quiet social media stations and unanswered messages can result in rumors of an exit scam.

Additionally, it's important to keep engagement up so that if you do have a finished product or other exciting news, your posts get seen. Social media algorithms rely heavily on engagement prices, therefore keep people talking while you're working to make sure you don't lose the benefits of all the hard marketing work you did during the ICO/STO.

During the post-ICO/STO phase, it is important to send out regular updates about the development process. Investors would like to know when they will be able to use your product, and when the coin is going to be recorded on exchanges in order they can buy more, Email Marketing Solution  or sell some of their initial investment. Weekly updates go a very long way to maintaining confidence in your project.

This time is also a valuable opportunity to educate users about how your system or app will do the job. As you create beta and alpha versions, you can invite your audience to test them, provide comments, and enable you to hone your consumer tutorials. You spent a great deal of time and money gaining this crowd from the pre-sale and ICO/STO phase. Don't let's lose their participation and trust.

The Price: You are able to ease back a bit on the frenzy of social networking marketing, so your article ICO/STO advertising costs will likely be less than they were throughout the pre-sale and ICO/STO stages. The wise choice is to organize and plan for article ICO/STO marketing as part of your initial contract having an ICO/STO promoting bureau, so there are not any surprises about costs. This will also allow you to keep on working with the exact same team instead of worrying that they will move on to a new project.

5 Quick Tips for a Better ICO or STO

1. Have an Engaging Story to Tell

You've got a solution and now you need to inform the world about it. Create your ICO/STO story interesting, engaging, and clear in a means that will inspire individuals to buy into your vision and spend on your mission.

2. Have a Minimum Viable Product (MVP)

It's important to get a minimum viable product (MVP) set up. This shows individuals interested in buying into your ICO/STO which you've got more to offer than merely the guarantee of a product.

3. Know Your Audience

Despite the increasing international popularity of ICOs and STOs, a prosperous ICO/STO marketing strategy still needs to be focused on the right market segments to make the best and most cost-effective outcomes.

4. Transparency

Put simply, if your offer isn't transparent, it could function as a repellent towards potential investors. People today want to know just what they're buying into, as well as know the folks behind the product. A lack of transparency will decrease interest and negatively affect the amount of money that you can increase.

5. Compliance

Rules and regulations have been put in place which will need to be adhered to. Although still considered to be a gray area in many countries, implementing a compliance process -- according to the SEC guidelines -- from the very beginning can just help your long-term ICO/STO plan.

Get the Attention Your ICO/STO Deserves

More companies are using ICOs/STOs rather than traditional funding avenues, and more money is being increased via ICOs and STOs. Competition is increasing and so are the restrictions and regulations surrounding marketing ICOs/STOs. You need your token to stand out and be seen by the ideal people in the ideal manner. Remember, you have just one opportunity for a first impression.

All of the very successful and finest ICOs/STOs, with no exception, enlisted the services of ICO/STO advertising professionals. The experience and expertise these companies bring will reduce costly mistakes and let you reach the audience you're targeting. Moreover, the right ICO/STO marketing agency will allow you to formulate a marketing plan that will get the eye of the crypto community at large.

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