Monday 28 December 2020

Importance of Marketing in 2020 for IEO

 

IEO is a crowdfunding technique in a crypto market. Entrepreneurs launch an IEO to raise funds for their project. Tokens are issued by the entrepreneurs for their project. The investors can purchase these tokens in exchange for cryptocurrency like Bitcoin, Ethereum, etc. The tokens are not sold directly to the investors but through an exchange. These exchanges are responsible for marketing and trading these tokens. Although exchanges are accountable for marketing an IEO, one should never fully trust these exchanges. Every entrepreneur should equally participate in marketing their project.

IEOs are the latest trend. Many entrepreneurs are launching new IEOs for their project. If you are planning to start an IEO, you must know that marketing is very crucial for the success of an IEO. Many entrepreneurs even approach professional companies to launch and market their IEO. These companies provide excellent IEO Launch Services and IEO Solutions. In this post, we will discuss the importance of IEO marketing and understand why marketing should be your top priority for IEO. IEO marketing can be divided into three stages.

Three Stages of IEO Marketing

1. Pre IEO Marketing

In this stage, you need to inform the investors about the IEO. You should create awareness about their project, token and company. It is done to create hype among the audience and to make the IEO launch successful. This stage of marketing plays a very important role in creating a huge opening for an IEO. 

2. Ongoing IEO Marketing

This is the second stage of marketing. In this stage, the IEO is already running. The time period is very short at this stage, so the marketing techniques need to be quick and fast. Most people prefer social media marketing, campaigns and content marketing. It is done to boost the sale of tokens. You need to expand your audience reach in this stage.

3. Post-IEO Marketing

This is the last and final stage of IEO marketing. You need to give your all at this stage. It is mostly done to inform the investors that token launch is over. It shows the credibility of the project. It is also done to increase the demand for the coin in the crypto market. High demand will increase the price of the coin. You can create a marketing website to keep the investors updated.

These are the three important stages of marketing an IEO. You need to plan each stage ahead of time to make the most of market conditions. 

Tools and techniques of IEO Marketing

There are many different ways in which you can market an IEO. You can adopt various marketing tools and techniques to market your IEO project. Here are some common marketing strategies adopted by entrepreneurs to promote IEO.

  • Referral programs
  • Cross-marketing (marketing along with exchanges)
  • Influential Marketing
  • Market-centric Promotion
  • Press Releases
  • IEO Aggregators
  • Bounty Campaigns
  • Social Media Marketing
  • E-mail Marketing
  • Airdrops
  • Content Marketing
  • Marketing Website
  • Mouth Publicity

These are a few techniques and strategies used in launching most of the successful IEOs.

Importance of Marketing for IEO

As we have discussed before marketing plays a crucial role in the success of an IEO. Here we are going to discuss the importance of marketing for IEO projects.

Network of followers

When you market your IEO, people get to know about it. All the marketing will create hype about your IEO. If the investors like your ideas, you will gain a large number of followers for your IEO project. It will eventually help you to generate a strong network of followers.

Brand awareness

When you are new in the market, investors will judge your project and your company. With marketing strategies like influential marketing and press release, you can turn these judging investors into potential investors. It also makes people aware of your brand. Marketing increases brand awareness among investors.

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