• futureproofed
  • articles
  • 25 Oct 24

Web3 Marketing vs Traditional Marketing: How to Win in Web3

Winning in Web3 marketing is much more difficult than succeeding with traditional marketing, but luckily for you this article outlines all the secrets.

  • 145
  • 0
  • 0
HE
heatonmindedfrg0
  • rating 0
  • subscribers 0

Traditional marketing already feels like trying to hit a constantly moving target, but marketing in Web3 is another challenge altogether.

The rewards, however, are substantial if you can find how to succeed while others struggle.

Key Takeaways:

  • Web3 marketing brings unique challenges and opportunities by shifting from centralized control to community ownership and transparency.
  • Understand the key differences between Web3 marketing and traditional marketing to navigate this new industry in style.
  • Learn detailed strategies for success in Web3 marketing, including SEO, content marketing, influencer marketing, and social media.

With that in store, let's dive in.

Web3 Marketing vs Traditional Marketing
Web3 Marketing vs Traditional Marketing

Decentralization vs Centralization in Marketing

Traditional Marketing:

In traditional marketing, everything runs through a centralized system.

Think about it for example.

Whether you're using Google for SEO, Facebook for ads, or Instagram for influencer campaigns, you're relying on these big platforms to get your message out there, connect with customers, and find your audience.

You're basically paying for attention, either through organic efforts or ads, but you don't actually own the platforms or the data.

That's all in the hands of companies like Google, Meta, or Amazon.

This setup means these platforms have a lot of control over how and when you can reach your audience.

It often leads to higher costs, unexpected algorithm changes, and limits on how you can share your content.

Web3 Marketing:

On the flip side, Web3 marketing is all about decentralization.

Here, users and communities get to own and control their data, platforms, and interactions.

Although Google is still extremely for Web3 brands as well, there are other decentralized options where Web3 firms can completely own their individual audience.

Thanks to blockchain, smart contracts, and decentralized platforms, businesses enjoy more transparency and security, while users have control over their data and contributions.

This means there's a big emphasis on community-driven efforts.

In Web3, it's not so much about paying platforms to reach people; it's about building loyal, engaged communities.

Users can even have a stake in your brand through tokens or an NFT, making them feel more connected and invested.

To thrive in Web3, brands need to prioritize building genuine relationships with their communities. Transparency, authenticity, and value are key.

SEO in Web3 Marketing

Traditional SEO:

Traditional SEO is super competitive.

You're up against tons of companies, all fighting for the same keywords, which makes it tough to stand out.

With so many businesses in so many different industries going after popular search terms, getting a high spot on search engine results pages (SERPs) takes an amazing strategy and a large budget.

The competition is intense because everyone wants to grab the same audience's attention.

Plus, bigger companies often have more resources to throw at SEO.

They've got access to fancy tools, larger content teams, and can generate a ton of backlinks. This can make it even harder for smaller businesses to compete on the same level.

Web3 SEO:

Both traditional and Web3 companies need to focus on Google SEO because it's such an incredibly powerful tool.

However, when it comes to Web3 SEO content, there's a unique advantage.

Winning with SEO content in Web3 is actually much easier because you're competing with fewer companies, and your main keywords are easier to rank for.

This means you have a greater opportunity to stand out and capture attention in this emerging space.

To make the most of this advantage, it's essential to produce consistent blog posts every month.

Regular content creation not only keeps your audience engaged but also signals to search engines that your site is active and relevant.

In fact, companies that blog generate 67% more leads than those that don't.

Content Marketing in Web3

Traditional Content Marketing:

Traditional content marketing definitely has its downsides.

It often relies on completely centralized platforms that control visibility through algorithms, making it hard to reach your audience without paying for ads.

Plus, there's a constant battle with content saturation, where your message can easily get lost in the noise.

Privacy concerns also loom large, as users become more aware of how their data is really being used.

Web3 Content Marketing:

In the world of Web3, content takes on a whole new vibe.

With blockchain, creators and businesses can publish and monetize their content directly without needing to go through the usual gatekeepers like YouTube or Google.

Web3-specific platforms like Mirror make this possible, giving you the freedom to share your work on your terms.

This community-driven approach means content creators have more control and ownership over what they produce.

For brands and startups, it opens up tons of opportunities to engage more deeply with audiences by offering exclusive content and building stronger connections.

Plus, keep in mind that you need to talk to your audience in a more casual and conversational manner.

Web3 users aren't fans of being blatantly sold to, they're looking for real value.

Web3 content marketing should focus on genuine interactions and delivering meaningful content that resonates with them.

Influencer Marketing in Web3

Traditional Influencer Marketing:

Trusting the metrics of influencers can be tricky due to issues like buying followers and fake engagement pods, and it's difficult to check the real numbers since the social media platform is reluctant to share more data.

These practices can inflate numbers, making it hard to gauge genuine reach and impact.

Influencers must also comply with platform rules, and their content can be restricted or de-prioritized by algorithms.

Web3 Influencer Marketing:

In Web3, both influencers and companies have more control over their audience and content by using Web3-native tools and sites.

ls like Tunnl.io you can even see transparent information of Web3 influencers and even pay them with cryptocurrency.

This setup allows influencers to connect with their community in more meaningful ways, without relying heavily on centralized social platforms.

Here's how easy it works:

Step 1: Create a campaign

Send a custom offer to any Twitter (X) account in less than 60 seconds

Step 2: Verify

Posts are automatically verified by Tunnl to meet content requirements.

Step 3: Payout

Payment is automatically sent after agreement completion.

The relationship between brands and influencers in Web3 is less transactional and more community-focused, with a value exchange that's transparent and decentralized.

How to Succeed in Web3 Influencer Marketing:

Partner with Web3-native influencers who have built trust and credibility in their relevant niche and work with them to best provide value to the industry as a whole.

Separate yourself from others by making it clear that your project is not a “pump and dump” or a “rug pull”, but rather a project with real use cases.

Social Media in Web3

Traditional Social Media:

As we all know, in the current system of traditional social media, platforms like Facebook, Twitter, and Instagram call all the shots.

Algorithms decide what content users see, and businesses have to shell out for ads to get noticed.

These platforms own all the data and content, and they rely heavily on user data to serve ads.

But with all the privacy concerns and data scandals lately, users are starting to push back.

Web3 Social Media:

Web3 is shaking things up with decentralized social media platforms like Mastodon, Minds, Lens Protocol, and Farcaster.

Here, users own and control their data, and privacy and transparency take center stage.

Instead of relying on ads, Web3 social media lets users monetize their content through things like tokenization and tipping.

Brands can connect directly with their community without having to rent their audience from centralized platforms.

How to Succeed in Web3 Social Media:

Build genuine, community-first relationships and explore rewards for engagement.

Don’t just create generic content, actually offer real value to your audience by giving them exclusivity, ownership, and control over how they interact with your brand.

Email Marketing in Web3

Traditional Email Marketing:

Traditional email marketing is all about sending newsletters and promos to your subscribers.

You usually use platforms like Mailchimp or Constant Contact to handle your campaigns.

While it works, this method is not the most effective and it involves collecting and storing user data, which can lead to privacy issues.

Plus, emails often end up in spam, and getting people to engage can be a bit of a gamble.

Web3 Email Marketing:

New email newsletter platforms like Beehiiv have essentially given companies and creators new life.

One of the greatest examples of email marketing success for a Web3 brand is the crypto newsletter Milkroad which grew a substantial subscriber base of 250K+ in just 10 months and then immediately sold for multi-millions, all from their work on Beehiiv.

Beehiiv has multiple monetization options for creators that let them focus on growing their newsletter without having to rely on spammy ads for revenue.

How to Succeed in Web3 Email Marketing:

Focus on building trust by delivering content that truly matters to your audience.

People are tired of emails they don't care about, so make sure every message offers real value.

Use new tools to enhance engagement, perhaps with verified interactions or unique rewards.

Web3 Marketing vs Traditional Marketing: Pros and Cons

Web3 Marketing

Pros:

  • Decentralization: Direct connection with your audience without relying on middlemen.
  • User Ownership: Users have control over their data, enhancing trust and engagement.
  • Community-Driven: Builds loyal communities through genuine interactions and value.
  • Innovative Monetization: Opportunities for unique revenue streams like tokenization and tipping.

Cons:

  • Emerging Technology: Still in its early stages, which can mean a learning curve.
  • Limited Reach: Smaller audience compared to traditional platforms.
  • Infrastructure Development: Requires adaptation to new tools and platforms.

Traditional Marketing

Pros:

  • Established Platforms: Access to large audiences on platforms like Google, Facebook, and Instagram.
  • Proven Strategies: Decades of refined techniques and metrics for measuring success.
  • Broad Reach: Ability to target a wide range of demographics and interests.

Cons:

  • Centralized Control: Platforms own user data and control visibility through algorithms.
  • High Competition: Saturated markets with many businesses vying for attention.
  • Privacy Concerns: Increasing user wariness about data usage and privacy issues.

Conclusion

If you're a marketer, now's the time to dive into Web3 marketing tools and strategies with full force.

Staying ahead of the curve means you can really make the most of this new wave of digital engagement, and grow your business while everyone else falls behind.

Whether it's through SEO, content marketing, influencer partnerships, or social media, Web3 is packed with possibilities for brands ready to embrace decentralization and get creative in this exciting new space.

Get moving!

  • 145
  • 0
  • 0