Topic: Importance of good marketing (Read 618 times)

In DMD Diamond's telegram group we often see "marketers" drop in trying to sell us their services.

The thing is, obviously they know we exist, and supposedly they are looking to or maybe even hoping to promote us, so...

...When they then start hinting at or outright suggesting that they want us to pay them for promoting us, it totally undermines their pretense of expertise, because think about it, if their expertise truly is the effective promotion of crypto projects, obviously their objective in seeking us out would have been to examine our project to judge whether it was worthy to be the next in their ongoing series of marketing triumphs, which of course as they are multiplying their wealth over and over and over again by promoting crypto projects they presumably only still need or wish to find more because as all investors should know, the more ridiculously huge your wealth the harder it can get to find things to put it into.

So presumably effective crypto-project marketers have to run around constantly looking for more projects whose coins and tokens they can buy up then market effectively, which, possibly unfortunately, produces so much wealth yet again that yet again they need to run around again seeking another worthy project into which to pour their latest marketing triumph proceeds...

So WTF, these imbecile pretenders - believe me, they do seem almost indistinguishable from some new generation of chat-GPT or its ilk, we most times seriously doubt they are actual humans at all - are so clearly blatheringly incompetent that their asking for money is insulting.

I am still working my way backward through this forum-section and this is so far the first decent thread I seem to have encountered about marketing so age of it be darned it seems worth bumping by responding.

-MarkM-

EDIT: Possibly they aren't inanimate bots at all but merely suckers sucked into trying to earn a commission from a marketing firm by advertising that marketing firm? In which case maybe the firm should get rid of its referral commissions structure and just hire a better firm's marketers to market them for them?

EDIT2: I suppose now of course someone is going to teach chat-GPT to say it is important the marketing firm be at arms length from what it markets, yeah yeah suuuurrre, thats the ticket...

Those are the second factor I think, an invesor will choose the project and will keep the token in the long term as along as the project has a real use case. Because the investor will know that the token will be used by most people in the future and it means they will be profitable. The decreasing value that often happened in this crypto space because the token didn't have a real use case, most of them only use good a marketing way instead of the feature of the project itself. This is why we often see the token price decreasee when it has launched because the investor is doubt to hold it for long term.

In fact, the value of the token depends on the investor and owner of the project. If the project has many good products and offers positive news, they will attract a lot of attention from investors.

You probably sounded like you being robbed before by these ICO generating funds. There is a reason why there is not much crowdfund sourcing done in their own platform and this is due to scam that has been done before. But there is a replacement process for it called IEO, in this way marketing is so much effective now compared before cause it was done by a third party and those exchanges are trusted by investors and traders. I think without this IEO invented the altcoin process has been dead already. Good thing Binance started this and some follow so we still have chance to generate more funds to be added in the crypto market. Too sad for hunters cause they will not run any campaign instead gonna do an IEO for much visibility.

Marketing a good project is very important.I think good marketing makes a good project a success.Many bad projects and good marketing can lead to success.Marketing is the key to success.

Those golden days are long gone and we are now ocufied by a lot of scammers who would make projects without any marketing strategeties to intentionally lure  and get an easy money out of the pocket of any possible investors. Sadly ICO, or any method of coin offering has come to where almost everybody don't partake with due the risk that it would cause.

There might be some project that underperform despite having a big funding because of the good marketing strategy still it doesn't make the importance of marketing any less. If the project flop because the project is simply a bad project meanwhile the marketing is doing so well, you should praise the marketing team of that project.

This is exactly as it is, the value of a token on an exchange depends on its community positive outcry and the impact of marketing on potential investors.

A project is good only when people know about it, have an encounter with it and test it out, but people are only aware when you have good marketing and they knoe

well said comment , good marketing can make make you beat or brake you better . Instead of marketing there are lots of campaign which are really good on their track bcz of good BM and his team work . Yet there are some with fudding and attarctive marketing hype can bring nothing but a poor project  . There are  different levels of marketing theme available for crypto space .  Which one is best you have to research it with your own capability .

You're right. The success of a project consists of many factors. Each component has a very important role. That is why many projects dont succeed because they cannot organize a good team work.

Marketing is very important in every area of business and of course the crypto industry. Some project lacks good marketing, some don't even market. Cos they don't want to spend there Fiat doing so. Most successful project did alot of campaign through all media channels, some make use of hunters and so many other methods to promote their project and they were successful, except they exit scam. But the point is marketing is very important.

not all are like that, every project has its roadmap and has been designed from the start. we need to check their development whether the roadmap is running accordingly or even they are not carrying out their plans. including marketing has also become part of the roadmap. we must read more about a project before deciding to invest.

Good project often came unnoticed. Well, there were countless of project out there we couldn't say it that they lack the market 'cause there were some participants always been involved, the quest if is the project itself if it is going to have a good run or not. IMO, no matter how big or small the project itself as long as it have a sufficient stuff it needs, it will going to progress but it will just ride a rough road ahead. But anyway, projects with good promotion or advertising often gather a lot participants especially those who do not check what stuff the projects have behind.

- A good marketing strategy really allows us to increase our ability to raise capital in the market when the information about the products and technologies we are creating is widespread, even sometimes it will be a revival for a whole project when I see some projects that are not so good but with unique marketing, the project suddenly became a bright spot in the community. And although marketing is important but I still think the cost of advertising should be limited, instead of using as much as you suggest, we need money for other purposes such as cooperation or listing on exchanges

I also believe that even if your project has a nice review and good development but if your strategy to promotion
Your project is bad is will stuck and won't grow up.
Some, specially of the project only rely from news, or market situation, it wont survive for long.

In the cryptocurrency industry, marketing certainly plays a big role. But I am sure that we should concentrate on the financial support of the project. The problem is that there are not enough financial injections in cryptocurrency projects.

Yes no matter how good your vision are if you don't have a good marketing strategy and good people that will handle it then you won't be reaching the success your aiming for. Marketing strategy that makes people advertise it to their friends without the team telling them to do is what a project needs, imagine having it advertise by lots of people at the same time, it will dramatically increase the chance of the popularity of the project which will result to success, investors will come and more people will join the community. Marketing and advetising should not be limited in funds, it is one of the most critical part of a project.

right, I think promotion is more effective to get investors so that they are on target. but it must be balanced with hard team work, so that investors who have joined feel comfortable to support the development of the project. advisor without the network to the outside world, namely investors, I don't think there is any function

In addition, in a target must think about the strategy of marketing itself, starting from making decisions about marketing costs, marketing mix, and marketing allocation. In marketing, do not forget to protect market share, while expanding the market, a dominant project must also maintain its market share so as not to escape to competitors. Therefore the importance of marketing

The lack of poor marketing is what is killing most of these crypto projects these days. They rather wish to employ the services of so called advisors who only come to be paid huge amounts of money yet don't bring in any real investors on board. It's better to promote your project on platforms where crypto enthusiasts would follow it up other than employing these guys don't have any real connections in this industry. Moreover, these days people pay to be acknowledged on ico rating sites as advisors so you can't really trust the assessment of these guys. They bring in zero contribution to blockchain startups and CEOs should learn this.