Although the cannabis industry has changed remarkably over the years, marketing remains a serious challenge partly due to industry regulation and legalization. The good news is that today’s digital age presents cannabis business owners with a number of tactics that they can use to advertise their products and services.
Below is what you need to know about the industry and the effective ways of reaching potential customers through digital marketing:
If you are to market cannabis & CBD effectively, you should understand the challenges associated with advertising the product. Here are some of the challenges of marketing marijuana:
One of the challenges that marijuana business owners face is that major e-commerce brands choose to stay out of the industry. While it is possible to purchase cannabidiol even in locations where marijuana is not legalized, the difficulty in determining the amount of THC in a CBD product persists. The unwillingness of e-commerce companies to cooperate with cannabis companies presents a major marketing challenge.
A good number of potential customers prefer to buy cannabis on the streets. One of the reasons for this is because buying on the streets is cheaper than purchasing it from a store. Sustained reliance on illegal sources leads to cash flow constraints on the part of cannabis companies. In the end, it becomes difficult to advertise the product.
Before selling cannabis products online, companies need to confirm the age of their customers. To do this, cannabis companies have to rely on information such as the name, date of birth, and address of the customer. However, some customers alter important documents during the purchase process, exposing cannabis merchants to liability risks.
The cannabis industry is still highly regulated. Before merchants & dispensaries can sell their products online, the products have to be subjected to tests to establish how much THC they contain. These legal requirements can lead to delays, posing significant challenges in terms of marketing.
With the ups and downs that the cannabis industry has experienced, it remains difficult for cannabis companies to stay on top of inventory and sales. Lack of clear distribution channels to facilitate door-to-door deliveries also makes it difficult for companies to keep up with demand.
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Considering the various challenges when marketing cannabis, there are several strategies that you can use to create marijuana brand awareness. Here are some of these strategies:
Most social media platforms have ad policies that forbid people from posting content related to cannabis. However, if you are careful about how you go about it, you can take advantage of these platforms. Twitter and LinkedIn are more lenient in this regard, while Instagram allows you to market through visual media such as images and videos. You can also use Facebook messenger to deliver excellent customer service.
Optimizing web content is one of the most effective tactics you can use to increase your SEO rankings. However, some well-established brands already rank for the relevant and high-value keywords. If you want to take advantage of content marketing to increase your visibility, you may want to optimize local search. Optimization will involve including local keywords in your content, updating your GMB account, soliciting for quality reviews, and building your link profile.
To achieve success with email marketing, consider offering incentives for customers to join your email list after making an in-store purchase or through the call to action on your website. Anyone in the cannabis business can use email marketing to promote the specific products they sell.
Text messaging is not only effective but will also allow you to reach a wide audience. Provided you exercise caution and do not run afoul of the law, text messaging will enable you to promote your products cost-effectively. You can take advantage of the high open rate to send personalized messages and keep customers engaged with you.
Paid search is a great way to place your products in front of the right customers and attract qualified traffic. However, this option will not work when it comes to cannabis advertising since Google has a policy that bans “ads for substances that alter mental state for recreation.” It would be important to limit your search-related efforts to SEO and GMB optimization until this policy changes.
In addition to creating SEO optimized blog content for your website, you can also use other related sites to market your cannabis brand. However, you will need to identify the specific websites and blogs that potential customers visit regularly. You can then guest post on the blogs, display ads on third-party advertising platforms or relevant industry websites.
Although this can be considered to be a traditional tactic, it can still work well in today’s digital era. Affiliate marketing can help you to widen your reach and realize a great ROI. Considering the huge influence and following that influencers have, partnering with them will enable you to promote your cannabis brand to a sizable audience. For a small fee, the influencer will create brand awareness, helping you create long-term sales of your marijuana and CBD products.
As restrictions on the cannabis industry continue being lifted, out-of-home advertising is becoming an effective way to market and create a buzz around your cannabis brand. While the rules around this form of advertising vary from state to state, you should not put them near a school, depict consumption, show the product or make health claims. You will also need to make sure that around 70 percent of the viewers are over 21 years old and include the disclaimer required by the state.
For businesses in the marijuana industry, marketing their cannabis brands can be difficult. You will want to choose the most effective marketing channels and implement a marketing strategy that will build brand awareness and drive traffic. In addition, you will be looking to run your marketing campaign without offending the law by avoiding definitive statements and going against the platform’s ad policy. With studies showing that consumers are 131 percent more likely to buy after reading educational content, experts can help you run a professional marketing campaign. When you choose to work with a proven marketing agency, their experts will suggest the best ways to grow your website traffic, online leads, and sales. That’s what we do!
Since 2009, we have helped many Cannabis businesses grow strategically. Let us do it for you!
We’ve been growing businesses since 2009, let us do it for you!