Madison is Hawke’s Director of Growth. When he’s not planning custom marketing strategies for clients, he’s chillin with his very handsome dog and certified good boy, Jax.
CBD is one of the hottest trends in consumer goods. Many leading consumer brands are spinning up CBD-infused or hemp-based products or even full product lines dedicated to the additive known to relieve pain and anxiety, while even more entrepreneurs are starting entire businesses around CBD products.
Because major digital advertising channels – Facebook, Instagram, Google, and Amazon – still won’t allow these brands to run paid ads, these brands are differentiating themselves with user-generated social content, interactive sites, strong SEO strategies and earned media. While effective, these channels are becoming saturated, and brands are missing out on the growth-accelerating power of paid acquisition, leaving a booming industry to wonder – where can you advertise a CBD brand?
Here are seven ways CBD companies can effectively advertise their brand and products, despite limitations on major platforms:
1 – Influencer Marketing
Influencer marketing allows brands to reach a wider audience on social by tapping into the communities of tastemakers in relevant industries. Your brand can leverage the trust that influencers have built with their followers to promote your products in an organic way. Sometimes, picking the right influencers for your brand can be tricky – keep in mind that sometimes influencers with smaller, niche audiences can make better partners for brands than influencers with broader reach, but less engagement.
2 – Affiliate Marketing
Leverage publishers to generate traffic to your website. Because affiliate fees are completely performance-based, working with affiliate networks offers your brand a low-risk way to generate quality traffic. Be sure that your conversion and retention strategies are in place, as customers from affiliate partners often present the highest potential customer lifetime value (CLV).
3 – Native Advertising
Native advertising is a form of advertising, typically within a digital publication, where placements are made to look like relevant content. By placing your content into publications like Civilized.life with millions of active readers of all shapes and sizes, you can leverage their audiences to grow awareness for your brand.
4 – Content Syndication
Similar to native advertising, content syndication is another great to way leverage your content to drive brand awareness. Platforms like FieldTest can help republish your content on relevant third-party sites, giving you an opportunity to put the right content-based advertisements below or near similar articles.
5 – Snapchat Advertising
Unlike its competitors, Snapchat places no restrictions on direct-response CBD advertisements, meaning you can freely market your brand to your target audience. Be aware that Snap’s user demographic skews younger, so keep regulations and good faith in mind when advertising on this platform.
6 – Out-of-Home
Billboards. Sounds old-school, but it works. This traditional form of marketing presents a great way to grow awareness and move products in specific retail locations but can be expensive.
7 – Podcast Ads
Marketing your brand to dedicated podcast listeners is another great way to boost awareness. Though it can be expensive, placing ads into relevant podcasts associates your brand with personalities listeners trust.
The CBD industry continues to spread like a weed through organic channels. With these seven paid acquisition methods, CBD brands can add fuel to the fire of organic growth, despite extremely limiting restrictions on major digital platforms. As with any paid acquisition strategy, brands should be attentive to data, always testing and optimizing strategies to maximize budgets for ROI.
Need help with your marketing strategy? Hit us up. We’re ready to chat.