Search Engine Marketing (SEM) vs. Search Engine Optimization (SEO): Finding the Right Balance

In the realm of digital marketing, the battle between Search Engine Marketing (SEM) and Search Engine Optimization (SEO) has been ongoing for years. Both strategies are incredibly valuable for businesses looking to boost their online visibility and attract potential customers. However, the key to a successful online presence often lies in finding the right balance between SEM and SEO. Explore these two essential digital marketing approaches, their differences, and how to strike the perfect equilibrium for your strategies.

Understanding SEM and SEO

Before we delve into the balance between Search Engine Marketing and Search Engine Optimization, let’s clarify what each of these strategies entails.

SEM primarily involves paid advertising to appear at the top of search engine results pages (SERPs). Google Ads is the most well-known SEM platform, where businesses bid on keywords to display their ads to relevant users. SEM delivers immediate visibility but comes at a cost per click.

SEO, on the other hand, is the process of optimizing your website and content to improve organic (unpaid) search engine rankings. This involves on-page SEO (optimizing content, meta tags, and headers), off-page SEO (building high-quality backlinks), and technical SEO (improving site speed and mobile-friendliness). SEO is a long-term strategy that requires ongoing efforts but offers sustainable, free traffic.

Read Also: Optimizing Social Media for 2024: Strategies and Best Practices

Benefits of SEM

1. Immediate Results: SEM delivers quick results, making it ideal for time-sensitive promotions or product launches.

2. Targeted Advertising: SEM allows precise targeting based on keywords, demographics, location, and more.

3. Measurable ROI: You can track every click and conversion, enabling accurate ROI measurement.

Benefits of SEO

1. Sustainable Traffic: SEO efforts can yield long-lasting results, providing a steady stream of organic traffic over time.

2. Cost-Effective: Once established, organic traffic doesn’t incur per-click costs, making SEO cost-effective in the long run.

3. Trust and Credibility: High organic rankings convey trust and authority, boosting your brand’s credibility.

Finding the Right Balance

The key to digital marketing success lies in finding the right balance between SEM and SEO. Here’s how to strike that equilibrium:

1. Set Clear Objectives

Determine your short-term and long-term goals. If you need immediate visibility and conversions, allocate resources to SEM. For long-term growth, invest in SEO.

2. Budget Allocation

Balance your budget between SEM and SEO. The allocation depends on your objectives, industry competition, and available resources.

3. Keyword Strategy

Use SEM for high-intent, high-conversion keywords, and SEO for broader, informative keywords. This ensures you cover all aspects of the customer journey.

4. Complementary Content

Create content that complements both SEM and SEO efforts. Use paid ads to promote new content quickly, and let SEO work its magic over time.

5. Consistent Monitoring

Regularly analyze data and adjust your strategy. Allocate more resources to the approach delivering the best results at any given time.

SEM and SEO are powerful digital marketing tools, and choosing between them isn’t a matter of one being better than the other. Instead, it’s about finding the right balance that aligns with your business goals and resources. By integrating both SEM and SEO into your marketing strategy, you can harness the advantages of immediate visibility and long-term sustainability, ensuring a well-rounded and successful online presence.

Social Media Shopping: Where E-Commerce is Going this Year

The world of e-commerce is continuously evolving, and in recent years, social media platforms have played a significant role in shaping the online shopping landscape. As we embark on a new year, it’s time to explore the trends and developments in social media shopping that are set to redefine the e-commerce experience in the months ahead.

The Rise of Social Commerce

Social commerce, the fusion of social media and e-commerce, has been steadily gaining momentum, and 2024 is poised to be a pivotal year for this innovative retail concept. Here’s a closer look at how social media shopping is transforming the e-commerce landscape:

1. Seamless In-App Purchases

Leading social media platforms, such as Instagram and TikTok, have been actively enhancing their shopping features. Users can now discover, browse, and purchase products without leaving the app. This seamless experience not only simplifies the buying process but also encourages impulse purchases.

2. Shoppable Posts and Stories

Shoppable posts and stories have become commonplace on platforms like Instagram. Brands can tag products in their posts, allowing users to click through and make a purchase with ease. These interactive posts provide a visually appealing and convenient shopping experience.

3. Live Shopping Events

Live streaming has gained popularity across various social media platforms. In 2024, expect to see more live shopping events where brands and influencers showcase products in real-time, answer questions, and encourage immediate purchases. This format offers a sense of urgency and interactivity.

4. Augmented Reality (AR) Try-Ons

AR try-on experiences are revolutionizing the way consumers shop for fashion and beauty products. With AR, users can virtually try on makeup, clothing, accessories, and even see what furniture will look like in their home before making a purchase decision. This technology enhances user engagement and reduces returns.

5. User-Generated Content (UGC) in Shopping

User-generated content is a powerful tool in social commerce. Brands are leveraging UGC to build trust and authenticity. Customers often appreciate seeing real people using and enjoying products. Sharing UGC in product listings and ads can boost conversion rates.

Social Commerce Benefits for Businesses

Embracing social media shopping offers several benefits for businesses. Social commerce enhances brand visibility as users interact with your products and share them with their networks no matter if they’re the average customer or an influencer. The use of social commerce tools such as shoppable posts, live shopping events and AR try-ons improve customer engagement and create memorable shopping experiences. Because of these two concepts and a seamless shopping experience, businesses often experience increases in conversion rates and more sales. Finally, since everything is done through a social media platform, your business has greater access to data and analytics which can lead to clearer insights on customer behavior and optimization of marketing strategies

Social media shopping is more than just a trend; it’s a transformation of the e-commerce landscape. In 2024, businesses that leverage these social commerce trends effectively will gain a competitive edge and tap into the growing appetite for convenient and engaging online shopping experiences. As social media platforms continue to innovate and provide new tools for e-commerce, brands have the opportunity to connect with their audiences in exciting and innovative ways, ultimately driving sales and fostering customer loyalty.

The Future of SEO: Ranking Strategies for 2024

Search Engine Optimization (SEO) has been the cornerstone of online visibility and organic traffic for years. The utilization of SEO is how businesses attract the right sort of customers to their website. As we look ahead to 2024, the landscape of SEO is poised for significant changes. Staying ahead of the curve and adapting your strategies is crucial for maintaining or improving your website’s ranking in search engine results pages (SERPs). Below, explore the ranking strategies you should consider to stay competitive in 2024.

1. E-A-T and Expertise-Centric Content

Google’s emphasis on Expertise, Authoritativeness, and Trustworthiness (E-A-T) in content will continue to be a critical ranking factor, which is backed by consumer expectation of a company’s industry awareness and how it interacts with its customers. In 2024, create high-quality, authoritative content that establishes your expertise in your niche. Focus on providing valuable information that users can trust.

2. User Experience Optimization

User experience (UX) on your website will play a more substantial role in SEO in 2024. Google’s Core Web Vitals, which measure page load times, interactivity, and visual stability, will become even more critical for ranking. Ensure your website loads quickly, is mobile-friendly, and offers a seamless browsing experience.

3. Voice Search Optimization

Voice search is on the rise, thanks to the popularity of virtual assistants and smart speakers. Optimize your content for voice search by targeting long-tail keywords and providing concise, informative answers to frequently asked questions.

4. Mobile-First Indexing

Google has been prioritizing mobile-first indexing since 2019, and this trend will continue in 2024. Ensure that your website is mobile-responsive, with content and images optimized for smaller screens. Google primarily uses the mobile version of the content for ranking and indexing.

5. Structured Data Markup

Leveraging structured data markup (schema.org) will be essential for enhancing your search presence. It helps search engines understand your content better and can result in rich snippets, featured snippets, and other enhancements in search results.

6. AI and Machine Learning Integration

Google’s algorithms, such as BERT (Bidirectional Encoder Representations from Transformers), are increasingly driven by AI and machine learning. These technologies enable search engines to understand the context and intent behind user queries and provide them with accurate and useful results. Craft content that addresses user intent comprehensively.

7. Video SEO

Video content continues to gain traction. Consider incorporating video into your SEO strategy. Create engaging, high-quality videos that provide value to your audience along with optimizing video titles, descriptions, and tags.

8. Local SEO and Google My Business

For businesses with physical locations, local SEO will remain crucial. Optimize your Google My Business profile, gather customer reviews, and ensure that your NAP (Name, Address, Phone number) information is consistent across all online directories.

9. Technical SEO Audits and Updates

Regularly perform technical SEO audits to identify and fix issues like broken links, duplicate content, and slow-loading pages. Keep your website’s backend well-maintained and up to date with best practices.

10. Content-Length and Depth

Read Also: Google Ads: Best Basic Practices

In-depth, comprehensive content tends to perform better in search results. Invest in long-form content that thoroughly covers topics of interest to your audience. However, ensure that the content remains engaging and user-friendly.

The future of SEO in 2024 is all about user-centricity, technical excellence, and adapting to emerging technologies. By focusing on E-A-T principles, optimizing for mobile and voice search, and staying informed about Google’s algorithm updates, you can position your website for success in the ever-evolving world of SEO. Remember that SEO is an ongoing process, and continuous monitoring and adaptation are key to maintaining and improving your rankings.

Influencer Marketing: The Future of Collaborations

Influencer marketing has been a game-changer in the world of digital advertising. Over the years, it has evolved from a novel approach to a critical strategy for brands seeking to engage their target audience authentically. As we peer into the future, it’s evident that influencer marketing is set to become even more vital, offering a plethora of opportunities and collaborations that can redefine the way brands connect with their audiences.

The Evolution of Influencer Marketing

To understand the future of influencer marketing, let’s first look at its evolution. Initially, it revolved around macro-influencers, individuals with vast followings and celebrity status. While macro-influencers still play a role, the focus has shifted towards a more diverse ecosystem of influencers, including micro-influencers and even nano-influencers.

Micro-Influencers: The Sweet Spot

Micro-influencers, individuals with a smaller but highly engaged and niche-specific following, have gained prominence. Their authenticity and relatability resonate well with audiences, making them valuable collaborators for brands. In the future, we can expect brands to build long-term partnerships with micro-influencers, prioritizing authenticity over reach.

Nano-Influencers: The Hyper-Local Connect

Nano-influencers, with even smaller follower counts, are becoming essential for hyper-local and grassroots campaigns. These influencers have a highly concentrated, loyal following within their communities, making them perfect for local businesses looking to build trust and credibility.

Read Also: Affiliate Marketing for Long-Term Partnerships

The Future of Collaborations

So, what does the future hold for influencer collaborations?

1. Authenticity Reigns Supreme

In the years to come, authenticity will remain at the core of influencer marketing. Audiences are increasingly savvy and can spot inauthentic endorsements from a mile away. Brands will seek out influencers who genuinely align with their values and can deliver authentic content.

2. Long-Term Partnerships

Short-term, one-off campaigns will still have their place, but long-term partnerships will be the future norm. Brands will collaborate with influencers over extended periods, allowing for more profound connections and consistent messaging.

3. Diversification of Platforms

While Instagram and YouTube have been influencer marketing hotspots, other platforms will gain prominence. TikTok, Snapchat, and emerging platforms will offer fresh opportunities for influencer collaborations, especially when targeting younger demographics.

4. User-Generated Content Integration

Influencer-generated content will find more extensive use in brand marketing. Brands will leverage influencer-created content for their own channels, creating a cohesive narrative and building trust through social proof.

5. Data-Driven Strategies

Advanced data analytics will shape influencer collaborations. Brands will use data to identify the most effective influencers, measure campaign impact, and fine-tune their strategies for maximum ROI.

6. Inclusive Influencer Marketing

Diversity and inclusivity will become central to influencer marketing. Brands will work with influencers from diverse backgrounds, promoting inclusivity in their campaigns to connect with a wider range of audiences.

Influencer marketing is not just a trend; it’s a dynamic field that continues to evolve. The future of influencer collaborations is marked by authenticity, diversity, and data-driven strategies. As brands adapt to this changing landscape, they’ll discover new and innovative ways to connect with their target audience, making influencer marketing a cornerstone of their advertising efforts. So, whether you’re a brand looking to grow or an influencer eager to partner with like-minded companies, the future holds exciting possibilities in the world of influencer marketing collaborations.

Crisis Management on Social Media: Navigating Challenges Effectively

In today’s digital age, where information spreads rapidly and social media platforms serve as hubs of communication, effective crisis management on social media is more crucial than ever. A single tweet or post can escalate a minor issue into a full-blown crisis within minutes. It is important to have crisis management tools available to your community management team so they have safe and effective strategies for navigating challenges.

The Power of Social Media in Crisis

First, it is important to be aware of how the beast that is social media operates when there is a crisis so that your team can respond appropriately. Social media has the power to amplify both positive and negative stories. During a crisis, negative information can spread like wildfire, potentially damaging your brand’s reputation. It is often best to assess whether this is a small-scale issue that can be dealt with through social media interaction or if it should be dealt with at a higher level

 If it is smaller scale, then there are some positive elements to communicating through social media. It can also be used in tandem with other outlets for bigger crises so you maintain a more intimate relationship with your customers. Social media provides a direct line of communication with your audience. During a crisis, timely and transparent communication is essential to address concerns, provide updates, and manage public perception. 

Stakeholders, including customers, employees, investors, and the media, turn to social media for information during a crisis. Engaging with these stakeholders in a meaningful way can influence their perception and trust in your response.

Read Also: Five Ways TikTok Can Help Grow Your Business

Strategies for Effective Crisis Management on Social Media

1. Preparation is Key

Proactive planning is critical to effective crisis management. Develop a crisis communication plan that includes roles and responsibilities, escalation procedures, and message templates. Identify potential crisis scenarios and prepare responses in advance.

2. Monitor Social Media

Use social media monitoring tools to stay vigilant and track mentions, trends, and conversations related to your brand. Early detection allows you to respond swiftly.

3. Empower Your Team

Empower a dedicated crisis management team with the authority to respond promptly. Ensure team members are trained and equipped to handle social media crises effectively.

4. Assess the Situation

When a crisis emerges, assess the situation before responding. Understand the scope, severity, and potential impact of the crisis. Identify key stakeholders and the most appropriate channels for communication.

5. Be Transparent and Honest

Honesty and transparency are non-negotiable during a crisis. Admit mistakes, share accurate information, and communicate clearly. Avoid the temptation to conceal or downplay the issue, as it can exacerbate the crisis.

6. Provide Regular Updates

Keep your audience informed with regular updates as the situation unfolds. Address questions and concerns promptly, even if you don’t have all the answers. Acknowledge that you are actively working on a resolution.

7. Show Empathy and Compassion

Demonstrate empathy and compassion in your responses. Acknowledge the concerns and feelings of those affected by the crisis. A compassionate tone can go a long way in calming a tense situation.

8. Use Hashtags and Crisis Messaging

Create a dedicated crisis hashtag and messaging to centralize communication around the issue. This helps you maintain control over the narrative and ensures consistent messaging.

9. Engage in Two-Way Communication

Engage with your audience on social media by responding to comments and messages. Address concerns and offer assistance when possible. Avoid automated or robotic responses.

10. Learn and Improve

After the crisis has subsided, conduct a post-crisis analysis to evaluate your response. Identify areas for improvement and update your crisis communication plan accordingly.

Case in Point: Successful Crisis Management

One notable example of effective crisis management on social media is how Johnson & Johnson handled the Tylenol poisoning crisis in 1982. They responded swiftly by recalling millions of bottles and communicated transparently with the public. Their commitment to safety and accountability rebuilt trust and set a precedent for crisis management.

In the digital age, social media can be a double-edged sword, both a source of crisis and a platform for effective crisis management. A well-prepared and responsive approach is essential to navigate challenges effectively. By planning ahead, monitoring social media, and communicating honestly and transparently, your brand can weather storms and emerge stronger from crises, building trust and credibility with your audience. Remember that in the world of social media, the way you handle a crisis can define your brand for years to come.

Optimizing Social Media for 2024: Strategies and Best Practices

The social media landscape is constantly evolving, and staying ahead of the curve is essential for businesses and marketers looking to make the most of these platforms. As we move into 2024, it’s time to reevaluate your social media strategies and adopt best practices that can help you thrive in this dynamic digital environment. Adjust your 2024 approach to social media with these key strategies and best practices to optimize your brand’s online presence.

1. Embrace New Platforms and Features

Social media platforms are continually introducing new features and functionalities. In 2024, it’s crucial to keep an eye on emerging platforms and stay updated on the latest features of existing ones. For instance, consider exploring the potential of the metaverse, dive into audio-based social networks, and leverage the latest advertising tools offered by platforms like Facebook, Instagram, TikTok, and X.

2. Prioritize Video Content

Video content has been a dominant force in social media for several years, and its significance will only grow in 2024. Consider incorporating various video formats such as short-form videos, live streaming, and interactive content. Create engaging and visually appealing videos that resonate with your target audience and tell your brand’s story effectively.

3. Personalization Through AI

Artificial intelligence (AI) will continue to play a pivotal role in social media marketing. Leverage AI-driven tools to analyze user data and behavior, enabling you to deliver personalized content and tailored ad campaigns. Personalization enhances user engagement and can lead to higher conversion rates.

4. Community Building and Engagement

Building a strong online community around your brand is a long-term strategy that pays off. In 2024, focus on fostering engagement by responding to comments, conducting polls, and running contests. Engaged communities can become brand advocates, helping you expand your reach and credibility.

5. Social Commerce

The convergence of e-commerce and social media, known as social commerce, is gaining momentum. Explore the opportunities to sell products directly on social platforms. Platforms like Instagram and TikTok Shop are transforming into e-commerce hubs, enabling seamless shopping experiences for users.

6. Data Privacy and Ethics

As privacy concerns grow and regulations like GDPR and CCPA become more stringent, prioritize data privacy and ethical practices in your social media strategies. Obtain explicit consent for data usage and ensure compliance with relevant laws to build trust with your audience.

7. Content Quality Over Quantity

In 2024, the quality of your content will be more critical than ever. Focus on producing high-quality, informative, and entertaining content that adds value to your audience’s lives. Avoid spammy and clickbait content, as users are becoming increasingly discerning.

8. Measure and Analyze

Effective social media marketing requires ongoing measurement and analysis. Use robust analytics tools to track key performance indicators (KPIs) and adjust your strategies accordingly. Regularly evaluate the effectiveness of your campaigns and make data-driven decisions.

9. Collaborate and Partner

Consider collaborating with influencers, complementary brands, and industry leaders to expand your reach and credibility. Influencer marketing remains a potent strategy, but focus on authenticity and long-term partnerships for optimal results.

10. Adapt and Evolve

The digital landscape is ever-changing. Be prepared to adapt and evolve your strategies as new trends and technologies emerge. Continuously educate yourself and your team to stay on top of the latest developments in social media marketing.

Read Also: 2024 Marketing Trends: Personalization, Balance, and Diversifying for Audience Needs

Optimizing your social media strategies for 2024 requires a proactive and adaptive approach. By embracing new platforms and features, prioritizing video content, leveraging AI for personalization, and maintaining a strong focus on community engagement and ethical practices, your business can thrive in the dynamic world of social media marketing. Remember to measure your performance, adjust your tactics, and stay agile in response to evolving trends and consumer preferences.

2024 Marketing Trends: Personalization, Balance, and Diversifying for Audience Needs

In the ever-evolving world of marketing and advertising, staying ahead of the curve is crucial for success. The 2024  landscape is poised for significant changes driven by technological advancements, shifting audience behaviors, and a growing emphasis on authenticity and sustainability. In this blog post, we’ll explore ten cutting-edge trends that are expected to shape the marketing and advertising industry in the coming year. From AI-driven personalization to the evolution of influencer marketing and the rise of secondary advertising channels, these trends offer insights into the strategies that businesses and marketers should consider to thrive in an increasingly dynamic digital environment. Let’s dive into the future of marketing and discover the exciting possibilities that await in 2024.

  1. AI-Driven Personalization: AI and machine learning will continue to play a crucial role in creating personalized marketing campaigns. Marketers will use AI to analyze data and consumer behavior to deliver more tailored content and experiences.
  2. Voice Search Optimization: With the growing popularity of voice-activated devices like smart speakers and virtual assistants, marketers will focus on optimizing their content and ads for voice search, including long-tail keywords.
  3. Diversifying Advertising Channels: Media buyers will diversify their advertising efforts by exploring secondary and emerging channels to reduce their reliance on dominant platforms like Meta, concreting a more balanced and resilient marketing strategy.
  4. Social Media Channel Shopping: Social media platforms like Instagram and TikTok will lead the way in transforming themselves into e-commerce hubs, allowing users to shop directly within the apps, making the shopping experience mobile, seamless, and convenient.
  5. Video Content Dominance: Video marketing will continue to thrive, with a shift towards short-form videos for platforms like TikTok and Instagram Reels. Live streaming and interactive video content will also gain traction.
  6. Influencer Marketing Evolution: Influencer marketing will mature into a holistic approach, where campaigns are strategically planned to include a blend of macro-influencers, secondary influencers, and supportive talent creators. This diversified influencer mix will allow brands to reach various audience segments effectively and build more authentic connections.
  7. Apple Spatial Video Capture: Apple’s spatial video capture technology will enable marketers to create immersive 3D video content, enhancing user engagement and providing innovative ways to showcase places, products and services.
  8. Interactive Content: Interactive content formats, such as quizzes, polls, and shoppable posts, will become more popular as they engage users and provide valuable data for marketers.
  9. Programmatic Advertising Growth: Programmatic advertising will continue to grow as it offers more efficient and data-driven ad buying across various channels, including display, video, and streaming.
  10. Privacy-First Marketing: With increased privacy concerns and regulations like GDPR and CCPA, marketers will adopt strategies that prioritize consumer data privacy and opt-in consent, while still delivering personalized experiences.

Read Also: OOH Advertising: Take Your Campaigns Into the World

Take a Break from Product Posts

Written by: Danielle Gazda

 

If you advertise on Facebook, Instagram, or other social media platforms, here’s something to think about: Audiences can become bored by endless posts about a company’s products or services. 

If they are already following you, then they know what you’re selling, where they can purchase items, and what your claims about your products or services are. So why should audiences keep following a brand that they already know and buy from? For some, it’s brand loyalty or identification with the product. For others, it’s the hope of finding out about new products or getting discount codes. However, when those aren’t possibilities, audiences need something else to keep their attention.

Fun, trendy posts can be a great way to keep your audience engaged and  interact with them. Let’s have a look at a few different types.

 

Current Events

Posts about current events are a great way to start. Keep up with events, such as sports championships, the Olympics, and major news stories. Even if your company isn’t a sports brand, showing support when a hometown team is involved in a big game can go a long way toward community building. Most companies stay away from politics, but if you want your company to reflect your opinions, it can be good to post about various causes you support. You can hold fundraisers around the winter holidays or in a relevant month.

Holidays

Widely celebrated holidays are also important sources of material. You can choose them based on your audience’s demographics, how a holiday relates to your product, geographic location, or other factors. Some companies choose to acknowledge as many as possible, so they can include their whole audience. Popular holidays such as Valentine’s Day and Halloween are also great for promoting special offers. Make sure you also acknowledge country-specific or regional holidays based on where your audience is from, not just where your company is located.

‘National’/Social Media Holidays

Other holidays to observe are the so-called “National” holidays — as in, National Read Across America Day or National Hydration Day. You can find calendars online that show you what weird, thoughtful, or just plain fun holidays will be celebrated in a given month. There are also national holiday weeks and months — as in, National Mental Health Awareness Week and National Noodle Month. The holidays on these calendars are also great for marking the changing of seasons or reminding your followers of the observances that occur during a month. Browse through them to find holidays that fit in well with your brand. There are food, beauty, medical, mental health, nature, animal/pet holidays, and so many more.

Subscribe to our newsletter to receive a list of them at the beginning of each month.

Memes

Memes are tried and true, but can actually be tricky to navigate. Audiences may see companies as trying too hard if they overdo posting memes. It’s best to keep them relevant to trends that are very popular at the time of posting and to keep the posting of memes to a minimum — one or two per month is usually enough. There are exceptions depending on the format of the meme and what your company can say by using it. Remember that memes are meant to be fun and funny, so don’t overthink them.

Audio Trends

Audio trends are going to be most relevant if your company utilizes TikTok for marketing. (Some of these can also translate well to Instagram Reels.) Audio trends are clips of songs or viral phrases that go in and out of fashion very quickly, so it is important to keep up to date. There are a few evergreens that can always be brought back or revitalized if the topic of content requires it. Use these well and sparingly though — as with memes, if audio trends are overused, audiences may think you’re trying too hard to be relevant to younger users.

 

Spice up your social media profiles with some of these fun post ideas. Marketing is no longer straightforward advertising of a product; being trendy, relatable, and human are becoming far more important. That’s how you bring in an audience and keep them coming back for more.

 

How NFTs are Changing Art Forever

By: Danielle Gazda

 

Let’s start with what an NFT is.

NFT stands for non-fungible token. This “token” is the general and commonly used term for a piece of digital art that has been authenticated and minted. The most familiar forms are 2D and 3D digital art, but it can also be music, photography, videos, Tweets, memes, and more. Any type of digital media is viable.

 

How can you own something intangible and replicable?

Think about NFTs like they’re expensive, physical art. If you own an original painting by Monet then you have the genuine, one-of-a-kind piece; however, that doesn’t stop museums and online stores from selling prints of the exact same piece. It can exist outside of its original form.

NFTs are essentially the same thing. The concept was initially created as a way for digital artists to authenticate their original pieces and be able to sell it like physical art with ownership. The sites where you buy NFTs function the same way that auction houses or eBay does, where people bid on the items they are interested in.

 

Creating and selling NFTs.

There are many places across the internet where you can find out the specifics of creating, minting, and selling NFTs, but there are some key things you should know. Minting, for instance, is the process of changing a regular file of digital media into an NFT. This is done on a registry website that uses blockchain.

A blockchain is a decentralized software network where no single computer controls the network, instead they work in tandem and separately to store files securely, keep records, and act as a payment ledger. A commonly used site is Ethereum, which is also one of the biggest names in cryptocurrency. Cryptocurrency is important because that is the only payment method available to create and purchase NFTs. 

To purchase and use cryptocurrency (crypto) you need a digital wallet. Setting up a digital wallet and buying crypto happen in separate places. Common wallet types are MetaMask, Exodus, Trezor T, and Ledger. Common sites to buy crypto are Coinbase, Binance.US, Gemini, and more. There may seem like a lot to learn, but once you’re set up, it gets easier.

From here, you can buy and sell NFTs at your leisure.

 

Why should your company make NFTs?

NFTs are popular, trendy, and worth a lot of money in most cases.

Creating an NFT based on your company logo, a product, or concept can be a new way to get your brand visibility for more and new people to see. It also establishes that your company is tech-savvy and future forward.

Making digital art is free, but changing it into an NFT can be expensive. There are fees involved, but the payout can be significant since most NFTs go for thousands, hundred thousands, and even millions of dollars. This may not happen right away, but making an NFT may still be a fun and advantageous avenue to explore.

 

If your company has a strong brand identity then it may be worth pursuing. Remember to be creative with the digital media you make, see what’s out there, and what you can contribute to this new digital art world.

January Social Media Articles

You can find all of the links to the social media news we want to share with you throughout the month of January. Take a look.

 

Instagram Adds Option to Delete Individual Posts from Carousels, Shake to Report Feature

Social Media Today reports on Instagram’s updates to carousel posts and the new “rage shake” feature to report issues with the app. Read it here.

 

Social Media Marketing Trends for 2022: Predictions From the Pros

Social Media Examiner has compiled 22 trends for 2022 from the experts. Check it out here.

 

Technology Is Changing PR and Marketing Forever

Entrepreneur talks about the importance of evolving your brand alongside changes in technology. Read what they have to say here.

 

Adobe buys social media marketing startup ContentCal

Adobe recently acquired ContentCal, a social media content management website. Read about the acquisition and plans to come here.

 

Social Trends 2022

Hootsuite determined the five trends that will shape marketing strategies in 2022, based on responses from more than 18,000 marketers. See what they had to say here.

 

4 Ecommerce trends you need to know for 2022

Online shopping is evolving into social media e-commerce shopping. See what trends Sprout Social thinks will happen in e-commerce here.