As cryptocurrency adoption accelerates, especially across Asia, crypto companies face immense pressure to capture mindshare in an increasingly competitive landscape. However, firms once reliant on niche crypto media are finding mainstream finance outlets like Bloomberg, Reuters and Yahoo Finance key to influencing wider audiences as digital assets permeate traditional finance.
This sea change demands rethinking restrictive press release distribution approaches to embrace more creative earned media strategies. Specifically, crafting announcements for general news discovery and framing stories around sector-wide impact rather than product features alone.
This blog post examines critical distribution shifts needed for crypto brands targeting major Chinese markets to widen reach. Follow three recommendations to evolve past niche outlets reliance limiting influence:
I. Optimizing Press Releases for Mainstream Online Discovery
Crypto press releases frequently read like engineering specification sheets — overly focused on technical details versus real-life relevance. This overly insider approach worked when targeting crypto-savvy audiences through vertical outlets.
But as blockchain permeates business and culture, firms must better highlight their technologies’ cross-domain impact. Writing announcements viable for general financial press demands embracing a mainstream mindset.
Start by identifying news hooks with wide appeal. Did your NFT initiative just partner with a major sports franchise to expand fan engagement? Connect hot topics like the Metaverse or AR to communicate broader trends.
Also evaluate top performing Google News and Yahoo Finance search queries to integrate what the public actually discusses, not just industry insiders. Keyword analyze competitor headlines as well for inspiration.
This outside-in approach makes announcements accessible versus niche while still clearly communicating capabilities. The result? Vastly expanded discoverability and pick-up to multiply potential impression volume.
II. Pursuing Targeted Earned Media and Thought Leadership
Blanket-blasting press releases through newswires fails to cut through fragmented modern media. Furthermore, leading DeFi and crypto firms today must shape sector narratives, not just respond to news.
Here earned media and thought leadership rise to the forefront. Rather than passively waiting for inquiries, proactively pitch unique perspectives to writers at prestigious finance outlets.
Position executives as go-to experts for commentary on issues like regulation, sustainability or Web3 investment by securing byline articles and interviews. This massively elevates brand positioning while expanding organic reach and backlinks.
To maximize returns, identify most aligned focus areas for contributing writers or podcast guests. Fintech issues perfectly match payment/transaction platforms. However, highlight decentralization benefits for infrastructure providers.
Earned media requires more work than newswire blasts but generates exponential influence. Set your crypto brand apart while educating millions of finance readers.
III. Localizing Content for Greater China Cultural Nuance
Western crypto press releases often directly translate into Simplified Chinese without regional adaptation. However, resonating in unique Greater China markets demands localized messaging addressing cultural needs.
While Singapore or Hong Kong media share more Westernized finance perspectives, Mainland Chinese central bank digital currency (CBDC) initiatives influence public discourse differently. Similarly, Taiwanese regulators take markedly distinct stances on crypto oversight.
Ensuring copy, narratives and media targeting align with local contexts is critical, especially when conveying complicated DeFi or NFT concepts. Communicate through appropriate frames like wealth management for individual investors or advanced R&D for academics.
Nuanced regional outreach also builds credibility with local journalists who give backlinks and airtime supporting SEO and impressions. Respect cultural uniqueness.
Conclusion
Broaden Scope to Match Cryptocurrency’s Rising Prominence
Web3 advances enable revolutionary finance and technology trade-offs globally. However, crypto firms seeking to drive this transformation rather than follow must expand influence beyond insider circles. Tight niche distribution strategies once sensible now limit reach as applications proliferate.
Luckily, tools exist to seamlessly make press releases more relatable while still clearly conveying technical advantages. Similarly, proactive pitching provides avenues to lead industry narratives on prime platforms. Remember regional adaptations as well in cosmopolitan Greater China markets like Singapore and Taiwan.
Rethinking restrictive practices offers possibilities for crypto brands to access vast new audiences, especially important as digital assets make further mainstream progress. Match outreach strategies to cryptocurrency’s rising real-world prominence or risk fading into irrelevance. Lead through ideas to push society forward.
SOURCE: https://asiapresswire.medium.com/beyond-niche-outlets-press-release-strategies-to-grow-singapore-and-hong-kong-crypto-firms-936bac1b008c
