HELLO@EARTHKOED.COM

HELLO@EARTHKOED.COM

Company

Kraken

Project Type

Web-3

Year

2020

Kraken

Kraken Exchange, a leading cryptocurrency trading platform, successfully implemented a comprehensive social media strategy to address declining engagement rates and follower growth across multiple platforms. The campaign resulted in significant improvements in engagement and follower counts across key social networks.

Executive Summary

Kraken Exchange, a leading cryptocurrency trading platform, successfully implemented a comprehensive social media strategy to address declining engagement rates and follower growth across multiple platforms. The campaign resulted in significant improvements in engagement and follower counts across key social networks.

Challenge

  • Declining social media engagement despite crypto industry's heavy social media presence

  • Need for improved content strategy across Twitter, Telegram, Reddit, and YouTube

  • Stagnating follower growth

  • Limited platform-specific optimization

Initial Situation

  • Established presence on major social platforms

  • Inconsistent engagement rates

  • Platform-agnostic content approach

  • Limited performance tracking

  • Need for platform-specific content optimization

Strategic Approach

  1. Platform Analysis

    • Conducted comprehensive platform-specific metrics audit

    • Analyzed engagement patterns per platform

    • Evaluated content performance metrics

    • Identified platform-specific opportunities

  2. Content Strategy Development

    • Created platform-tailored content calendars

    • Developed diverse content types

    • Implemented engagement-focused posting strategies

    • Optimized content formats per platform

  3. Community Engagement

    • Established platform-specific engagement protocols

    • Created targeted interaction strategies

    • Developed community-building initiatives

    • Implemented response guidelines

Implementation Process

  1. Phase 1: Analysis & Planning

    • Gathered platform-specific metrics

    • Analyzed current content performance

    • Identified engagement patterns

    • Developed platform-specific strategies

  2. Phase 2: Content Optimization

    • Created tailored content for each platform

    • Implemented new content types

    • Established posting schedules

    • Monitored performance metrics

  3. Phase 3: Community Building

    • Increased community interaction

    • Implemented engagement initiatives

    • Developed response protocols

    • Enhanced community management

Results

Engagement Metrics

  • 2.4M impressions via new & repurposed content

  • 77.4% increase in new Twitter followers

  • 57% increase in new Facebook followers

Platform Performance

  • Significant engagement uplift across all platforms

  • 2M+ impressions within first 2 months

  • Improved community interaction

  • Enhanced brand presence

Key Success Factors

  1. Platform-Specific Approach

    • Tailored content per platform

    • Optimized posting strategies

    • Custom engagement tactics

  2. Content Diversity

    • Mixed content types

    • Engagement-focused materials

    • Platform-appropriate formats

  3. Consistent Execution

    • Regular posting schedule

    • Maintained engagement protocols

    • Continuous optimization

Lessons Learned & Recommendations

  1. Content Strategy

    • Platform-specific content performs better

    • Engagement requires consistent interaction

    • Content diversity drives results

  2. Platform Management

    • Each platform needs unique approach

    • Regular metrics monitoring essential

    • Community engagement crucial

  3. Future Opportunities

    • Expand content types

    • Increase community initiatives

    • Develop platform-specific campaigns

Long-term Impact

  • Sustainable engagement growth

  • Strong community foundation

  • Improved brand presence

  • Enhanced social media ROI

Conclusion

The transformation of Kraken's social media strategy demonstrates the importance of platform-specific approaches and consistent engagement. The significant improvements in follower counts and engagement rates validate the effectiveness of tailored content strategies and dedicated community management.

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I also dabble in design work during my free time, whether it's for personal projects or my freelance clients.

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I also dabble in design work during my free time, whether it's for personal projects or my freelance clients.

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© 2024 Earth Koedsakul

© 2024 Earth Koedsakul