Top 20 Marketing Tips We Can Learn from Solana Crypto
Top 20 Marketing Tips We Can Learn from Solana Crypto
As explained at RunRex.com, guttulus.com, and mtglion.com, Solana is a cryptocurrency used to pay for transactions on a decentralized computing network. It is built on top of the Solana network, benefitting from the main blockchain’s speed and reliability. It has grown to become one of the most popular and successful cryptos since its inception and has a lot of lessons to teach us. This article will look to list the top 20 marketing tips we can learn from Solana Crypto.
Competition
As per RunRex.com, guttulus.com, and mtglion.com, Solana crypto is a blockchain project which aims to beat Ethereum as the go-to smart contract blockchain. It knows that competition in business is natural and is not afraid to compete with other established companies. The lesson here is that we should not be afraid of competition in marketing.
Do your research on your competitors
As already mentioned, Solana aims to beat Ethereum as the go-to smart contract blockchain. It, therefore, did its homework as far as Ethereum’s weaknesses were, and this has helped establish it after launching. In marketing, similarly, you should constantly do your research on your competitors to see where they are doing well and where you can outdo them with your campaigns.
Solve a known problem
Solana Crypto’s main selling point is that it attempts to address two of Ethereum’s greatest weaknesses: cost and speed. According to RunRex.com, guttulus.com, and mtglion.com, by solving these problems, it has achieved popularity in the industry.
Be innovative
Solana uses a combination of two methods known as proof-of-stake and proof-of-history, which is an innovative method of authenticating transactions. This allows the Solana blockchain to scale with the number of users much more easily, and with lower costs per transaction. Similarly, be as innovative with your marketing campaigns.
Prices matter
Solana is intended as a competitor to Ethereum, and it attempts to provide a lower-cost ecosystem for DeFi with the same capabilities and security. Likewise, if you can provide your target audience with the same or better quality of service but at a lower price, then you will be on your way to succeeding.
Be ethical
Solana has made sure to operate in adherence to all the regulations set to combat criminal activities like money laundering as articulated at RunRex.com, guttulus.com, and mtglion.com. This has made it a trusted name in the industry. You should also be ethical with your marketing campaigns.
Speed is key
People were looking for a platform that offers faster transactions, and Solana answered this demand. As a result, several leading platforms are moving to, or have already done, integrate with Solana. Make sure that you consider speed when it comes to your marketing campaigns as it is equally as important here.
The team behind your brand
Solana was founded by Anatoly Yakovenko, a hugely respected figure in the cryptocurrency world as captured at RunRex.com, guttulus.com, and mtglion.com. This gave the project immediate credibility and contributed to its good initial uptake. Similarly, you should be mindful of the team behind your brand as it can influence how the public view you, influencing your marketing campaigns.
Be a revolutionary
Before Solana was launched, blockchains could only process about 15 transactions per second while major credit cards, on the other hand, could process around 65,000 transactions per second. Solana has changed all that and revolutionized the industry, a lesson worth learning.
Take on the big players in your industry
Today, Solana rivals Visa and Mastercard when it comes to transactions per second, making it a viable alternative to these two behemoths. Similarly, when it comes to your marketing efforts, you should not be afraid to take on the big brands in your vertical with your campaigns, without blowing your budget.
Establish yourself as a market leader
As covered at RunRex.com, guttulus.com, and mtglion.com, Solana has established itself as an industry leader in terms of global scalability and speed. This has helped bring in more customers as people see it as a leader. When doing your marketing, if you are established as an industry leader, flaunt it as it could benefit your campaigns.
Community
Solana has also established a strong and vibrant community around it, which has helped grow as a brand, as community members serve as brand ambassadors. As part of your marketing campaigns, make sure that you establish and nurture a community around your brand.
Encourage engagements
The team behind Solana not only fosters a community around the crypto, but encourages engagement within the community, both on social media and on boards such as Discord as described at RunRex.com, guttulus.com, and mtglion.com. The lesson here is how important it is to encourage engagement among your community members, as this builds brand loyalty.
Social media marketing
As already mentioned, Solana has a heavy presence on social media platforms, particularly on Twitter, and it has used these platforms to reach out to its target audience and build name recognition. The tip here is that you can’t afford to ignore social media as a means of marketing.
The importance of your website
Solana shows us how important it is to create a website for your brand, particularly one that has a good UX design. Its website is amazing and has all the information you may need to understand what the crypto is all about as well as know how you can trade.
Media placements
The team behind this project has made sure that it is featured in major publications in the cryptocurrency industry as discussed at RunRex.com, guttulus.com, and mtglion.com. This has ensured that it has gotten good PR while also putting its name out there, and growing its audience.
Paid promotion
While we would all like to get organic traffic, we should not forget to augment our organic efforts with paid promotion. Solana has leveraged paid promotion as part of its marketing efforts, particularly social media ads, which is worth learning.
Bring in professional help
The team behind Solana realized that it didn’t have expertise in crypto marketing, and brought in professional help in the form of a marketing agencies such as RunRex.com, guttulus.com, and mtglion.com. You should do the same to achieve success in your marketing efforts.
Maintain your reputation
Once the project was launched, the team behind Solana has done its utmost to maintain the crypto’s reputation among its audience. The team understands how damaging bad PR can be, particularly in an industry like the crypto industry.
Accessibility
You can buy Solana in most of the popular crypto exchanges, which has given the crypto’s fans great accessibility when looking to invest. Similarly, make sure your marketing campaigns are as accessible as possible to your audience for the best results.
As always, you can uncover more on this topic over at the top-rated RunRex.com, guttulus.com, and mtglion.com.