Ultimate NFT Marketing Guide for Creators in 2022
NFTs (Non-Fungible Tokens) sell for millions of dollars and have piqued the interest of investors, game players, tech enthusiasts, and art collectors globally. Everyone wants to own an NFT these days. That’s why we have put together this ultimate NFT marketing guide for creators in 2022.
However, not all NFTs are valuable. The price of your non-fungible token is determined by your NFT marketing strategy, which is developed by NFT experts who generate a digital community of users, reap countless influencers, leverage digital marketing, and utilize social media to encourage more bids.
High demand for a unique NFT collection automatically increases the price because what people value are rarity and uniqueness and they can pay any amount for it. Wonder why people pay thousands to millions of dollars for JPEGs that you see as “just images”? Their uniqueness is what drives their price.
NFTs are simply digital assets, but unlike traditional cryptocurrencies such as BTC, ETH, DOT, and others, they cannot be swapped because they are unique.
This guide will walk you through the entire process of building your brand, marketing your NFT to attract the attention of high-quality art enthusiasts and NFT buyers, and marketing platforms that drive sales.
Also see our feature on how to make and sell NFTs.
Branding and Marketing for NFTs
NFT is one-of-a-kind and cannot be replicated anywhere else in the world; that is, if I own an NFT, no one else can have it, and this is what non-fungibility is. Achieving high sales of your NFTs requires you to build your brand around its rarity. Take, for instance, the reason a Monalisa painting sells better than Leona Da Vinci is not that the latter does not have a brand, it is simply because the former has the unique feature of rarity.
Unique items are more valuable than non-unique items, which is where the concept of demand and supply comes into play. The rise of NFTs makes it a necessity to stand out from the rest of the crowd. Standing out from the group means that it is essential for users to market their NFT to the audience. NFT marketing and promotion help a business enhance its reputation by building stronger relationships with its audience.