Fill out the form

close
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Blockchain Is Eating Social Media Marketing (Part 3/3)

Blockchain Is Eating Social Media Marketing (Part 3/3)
Jane Smith

Senior Editor

calendar_today
Mar 6, 2022
Blockchain Is Eating Social Media Marketing (Part 3/3)

Even without large traditional brands fully transitioned to social media marketing, the strategy has become competitive enough to turn campaigns negative-yielding

Many brands are turning back to traditional marketing mediums because even with the attribution problem, there is still a positive expected yield on the campaigns

Marketing teams are exploring all options to bring their customer acquisition costs back to sustainable levels. Social tokens and NFTs are seen as the new frontier for marketing

Instead of targeting customers using internet activity, teams are able to utilize wallet level data to build loyal communities around brands

A combination of tokens, NFTs, Discord, and Twitter have been used for years to build blockchain brands as some of the largest in the world

I expect most major marketing teams to implement social tokens and NFTs as their new customer acquisition and retention strategy over the next 12 months