Citation:

Hanson M.P. Situmorang, Manahan Parlindungan Saragih Siallagan. "Proposed Marketing Strategy of Web3 Media In Indonesia to Enhance Brand Awareness (Study of CoinFolks)" International Research Journal of Economics and Management Studies, Vol. 3, No. 8, pp. 139-143, 2024.

Abstract:

CoinFolks, a Web3-focused multi-platform media company, faces lower engagement and follower metrics compared to competitors in Indonesia. This study analyzes the company's internal and external environments using frameworks like RBV, VRIO, Porter's Value Chain, and SWOT based on primary data from in-depth interviews and secondary data from market trends and competitor strategies. The findings highlight CoinFolks' valuable and unique resources, such as expertise in content creation, research capabilities, educational resources, strong community engagement, and strategic partnerships. The proposed marketing strategy includes enhancing promotional content, leveraging data analytics for targeted marketing, and fostering community ties through interactive formats. These strategies aim to boost CoinFolks' brand awareness and engagement, strengthening its market position and promoting long-term growth in the Indonesian Web3 media landscape.

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Keywords:

Digital Marketing Strategies, Brand Awareness, Web3, Crypto Media.