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What marketing strategies do CPG companies use to target cryptocurrency users?

avatarAkshitNov 23, 2021 · 3 years ago3 answers

What are some effective marketing strategies that consumer packaged goods (CPG) companies use to target cryptocurrency users?

What marketing strategies do CPG companies use to target cryptocurrency users?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    One effective marketing strategy that CPG companies use to target cryptocurrency users is influencer marketing. By partnering with popular cryptocurrency influencers, CPG companies can reach a large and engaged audience. These influencers can promote the benefits of using CPG products in the context of cryptocurrency, creating a strong association between the two. Additionally, CPG companies can leverage social media platforms like Twitter and YouTube to engage with the cryptocurrency community and promote their products.
  • avatarNov 23, 2021 · 3 years ago
    Another marketing strategy that CPG companies can employ is content marketing. By creating informative and engaging content about the intersection of cryptocurrency and consumer goods, CPG companies can attract and educate cryptocurrency users. This can include blog posts, videos, and social media content that highlight the benefits of using CPG products in the cryptocurrency space. By positioning themselves as experts in this niche, CPG companies can build trust and credibility with cryptocurrency users.
  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, we have seen success with a third-party approach. CPG companies can partner with cryptocurrency exchanges or wallets to offer exclusive discounts or rewards to cryptocurrency users. This not only incentivizes users to try CPG products but also helps to build brand loyalty. By aligning themselves with trusted cryptocurrency platforms, CPG companies can tap into an existing user base and gain exposure to a highly targeted audience.