UpCodes is hiring our first PM to automate compliance for architects

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WARNING: Do Business Credit Cards Affect Personal Credit? They Can… UNLESS You Take These Important and Easy Steps …

Do business credit cards affect personal credit? They can, and in fact most do. But, they don’t have to.  There are steps you can take to make sure they don’t. The key is to build your business credit score, and choose the right business credit cards.

Do Business Credit Cards Affect Personal Credit? It Depends

If you are asking yourself “Do business credit cards affect personal credit?” you are obviously trying to fund a business. And yes, most high limit business credit cards report to your consumer credit report.  In fact, some report to both your personal credit and your consumer credit.  There are even some business cards that will report negative payment information, but will not report anything if the account is in good standing. If you are trying to keep your business accounts from affecting your personal credit score, you need cards that will not report to personal credit bureaus. 

Do Business Credit Cards Affect Personal Credit? Does it Even  Matter? 

Yes, it matters. Here’s why. You know that if an account, business or personal, is not in good standing, it can be detrimental to your personal credit if reported. Yet, did you know that even if an account is in good standing, it is possible that it may still damage personal credit. 

Check out how our reliable process will help your business get the best business credit cards.

This is due to one of the fundamental differences in business credit vs. personal credit. Your personal credit score is affected by your debt-to-credit ratio. That’s a measure of how much debt you have, relative to how much credit you have available. A high debt-to-credit ratio can negatively impact your personal credit score. This is further complicated by the fact that many business credit cards stay at or near their limit, even if you are making regular payments. It is a function of the fact that business expenses are typically much higher than personal expenses. 

As a result, if those accounts are on your personal report, they can bring your credit score down even if they are not delinquent. The question then becomes, how do you make sure this doesn’t happen? There are two key parts to this. 

Do Business Credit Cards Affect Personal Credit? Make Sure They Don’t

First, if you are getting business credit cards with a personal guarantee, you have to make sure they will not report to your personal credit report. There are a handful that will not, even though they do ask for a personal guarantee. It is important to note that a personal guarantee means there will be a personal credit check. That will create an inquiry that may affect your personal credit for a bit. However, if the account does not report payment information to your personal credit report, the impact will be minimal.  

A Few Examples of Business Credit Cards that Will Not Report to Personal Credit

If you have bad personal credit, the Wells Fargo Business Secured Credit Card is a good option. 

You can get approved with a credit score as low as 580 currently, but that can change of course. 

You do have to make at least a $500 deposit.  Also, they do not report to consumer credit agencies, but they DO report to Dun & Bradstreet. That is, assuming you have your D-U-N-S number. 

That means it can help you build business credit even with a bad personal credit score. They also report to the Small Business Finance Exchange. While the SBFE does not issue credit reports, they do share information with certain lenders, vendors, and credit agencies. 

Wells Fargo will review your account periodically, and they may move you up to an unsecured account if you are eligible, based on a number of factors, including FICO. 

If you have good credit, you have even more options for credit cards that will not report to personal credit.  A few include: 

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®

Costco Anywhere Visa® Business Card (have to be a Costco member) 

Wells Fargo Business Platinum Credit Card

Remember, even though these cards do not report to your personal credit report, they do require a personal guarantee.   That means they will do a personal credit check, and that inquiry will affect your score for a bit. 

Do Business Credit Cards Affect Personal Credit? Business Credit Cards That Will Not Affect Personal Credit Scores Without a Personal Guarantee

Using a personal guarantee to begin building your credit portfolio is okay to start with. The goal, however, is to get as much as you can without a personal guarantee.  To do this, you need to lay the groundwork before you apply for any cards. After all, they cannot report to your business credit profile if there is not one to report to.

Check out how our reliable process will help your business get the best business credit cards.

Do Business Credit Cards Affect Personal Credit? They Do if You Do Not Establish a Business Credit Profile

In contrast to a personal credit profile, you have to intentionally build a business credit profile.  While a personal credit builds passively, business credit scores do not. With consumer credit, all you have to do is get credit accounts and they almost all end up on your consumer credit report. 

How Do You Establish a Business Credit Profile?

First, you have your business up to be fundable. This includes a number of factors, some of which include: 

You can get your EIN on the IRS website for free, and apply for the D-U-N-S number on the Dun & Bradstreet website, also for free.  This is vital, because if you do not have that D-U-N-S number, accounts will not be able to report your payments to Dun & Bradstreet, because you will not have a profile there for them to report to.

The EIN is what you will use when you apply for business credit instead of your social security number. You may have to provide your SSN for identification purposes, but it will not be used to determine approval. This is one way you ensure your business credit accounts are not reporting to your personal credit report. 

Do Business Credit Cards Affect Personal Credit?  How to Get Business Credit Cards That Do Not Affect Personal Credit

Once your business is set up in the right way so that you have a business credit profile, you need accounts that report to that profile. However, if you start applying for high limit credit cards using your business credit profile right away, you are going to get denied. 

You have to find accounts that will extend credit to your business without any sort of credit check. You don’t yet have a business credit score, and you are trying to avoid personal credit all together. To do this, you start with starter vendors

These are accounts that will extend net terms and report payments, but they will approve you based on factors other than your credit score. These factors  may include time in business, revenue, average balance in your  business bank account, or other factors. 

How to Find Starter Vendors

The trick is, these types of vendors are not easy to find. They do not advertise themselves as “starter vendors.” They do not make it easy to find out whether or not they report payments to business credit profiles. Business owners need help finding this information. 

Here are a few options to get you started: 

Grainger

Uline

Marathon

Still, you need more accounts than this reporting before you can build a strong enough business credit score to apply for higher limit accounts. 

Check out how our reliable process will help your business get the best business credit cards.

Do Business Credit Cards Affect Personal Credit? They Don’t Have To

How to Build a Strong Business Credit Portfolio With Minimal Effect on Personal Credit

The secret to building a strong business credit profile as fast as possible and with minimal effect on your personal credit, is to work with a business credit expert. A business credit expert makes this whole process faster and easier. 

They can help ensure you have your business set up the right way, and guide you toward those starter vendor accounts that will help you initially build your business credit score. They will help you know when you have enough accounts reporting to start applying for higher limit accounts and be approved. 

In addition, our business credit experts have the knowledge and expertise to help you find the best accounts to flesh out your business credit portfolio. There is more to this than just building strong business credit with accounts that report. An expert can guide you toward the best vendor accounts for your specific business, whether they report or not. 

The best way to start this process with no risk is to have a free consultation with a business credit expert. They can help you figure out where you stand now, and where you need to start so that you can build your business credit portfolio in the most effective and efficient way possible.

The post WARNING: Do Business Credit Cards Affect Personal Credit? They Can… UNLESS You Take These Important and Easy Steps … appeared first on Credit Suite.

A Complete Guide to Outbound Marketing

Is outbound marketing right for your business?

How do you decide which strategies are going to help you grow your brand?

If you’ve got questions about outbound, then you’ve come to the right place.

What Is Outbound Marketing?

Outbound marketing is where you (the business) initiate conversations with your customers to attract them to your brand. For example, TV commercials, cold calls, paid ads, and direct mail are all examples of outbound.

Inbound marketing, on the other hand, is when your customer initiates a conversation with you. For example, they visit your website, read an ebook, or download a white paper.

The goal for outbound marketing is to actively build authentic relationships through engagement, targeted communications, and putting your company in the right place at the right time. 

There’s no denying that inbound marketing has grown in popularity in recent years (and with good reason, as it produces tremendous results.) However, outbound still takes up 90 percent of marketing budgets due to the high cost per outreach.

To improve your ROI in outbound, you need to allocate your budget to the methods that work for your brand. Below, we’ll cover some strategies to try, but first, let’s talk about its relevancy.

Is Outbound Marketing Still Relevant Today? 

Every business owner loves to cut costs. When you, as a consumer, immediately delete a sales promotion email from your inbox without looking at it, you might wonder why that business would continually persist with an outbound strategy.

The likelihood is, they’ve built a huge mailing list and their promotions go to every single email address—paying no heed as to whether each customer is directly their target audience or not. 

Why? They’ve invested in building a mailing list, and outbound marketing is still an extremely useful tool. It’s amazingly good at driving brand awareness (as long as your emails aren’t repetitive enough that a customer ends up hating you), maintaining brand relevance, and introducing products to new audiences. It helps you be at the forefront of your customer’s mind, for recommendations, word of mouth marketing, and lead generation. 

Inbound marketing is great, and especially for smaller and low-budget businesses, but if customers don’t know your products exist in the first place, they can’t search for something they aren’t aware of. 

Outbound marketing guarantees you reach people. You won’t be shouting into the void. Blogs are great for SEO and hoping Google’s Algorithm will take pity on you, but when you pay for a TV ad in a half-time break of a popular show: you know it’s going to be seen.

It can be expensive, but, when done correctly, it still provides a good ROI and is still relevant today as a complement to inbound marketing. 

7 Outbound Marketing Strategies to Try

Most marketing success comes through a combination of different strategies. Whether it’s inbound or outbound, there are lots of different ways to reach your target audience, and often it will take lots of different strategies to achieve your goals. 

Here are seven outbound sales strategies you can use to boost your marketing. 

Outbound Marketing Strategy Number #1: Cold Email

Email seems to have been around a long time now, but it’s still bringing in an incredible ROI for marketers

We’re all accustomed to receiving newsletters from websites, but we tend to forget about an important part of outbound strategy: cold email.

Cold emails are unsolicited emails you send out to prospects. You’re initiating the interaction, so it firmly fits in with the principles of outbound marketing. 

“Everybody hates receiving unsolicited emails, spam is the worst.” 

Well, what if your cold emails didn’t feel like unsolicited emails? What if they were highly personalized, respected your customer’s time, and actually offered value to them beyond a product that can fix “all of life’s problems?”

Outbound marketing doesn’t have to be pushy, impersonal, sales-based spam. It can have all the creativity of inbound marketing. Using your understanding of your target audience, you can craft cold emails that get responses and create leads. 

Here are some things you will want to concentrate on with your cold emails:

  • cleaning your list: make sure you’re reaching live emails
  • engaging subject lines: earn the click
  • personalization: make people feel like they’re not the millionth person to receive this email
  • offering value: you want something from them, what can you offer in return?
  • A/B test everything: subject lines, signatures, CTA’s, interval between each email, the time you send each email, and, of course: the copy itself

Small details make a big difference, for example, 30 percent of people open an email based on the subject line, so make sure you’re optimizing every aspect of your outbound marketing.

Outbound Marketing Strategy Number #2: Direct Mail

First, I recommend “cutting edge technology” with emails, and now I’m telling you to send people letters through the mail?

Well, yes!

So much of our lives might have moved online, but we still exist away from the internet and we still receive mail. As it turns out, we still enjoy seeing something in the mailbox with our names on it, and this is an effective way of using outbound marketing. 

This scientific study found brand recall is 70 percent higher among participants exposed to direct mail than an online ad. It may not have the fancy analytics, and you may not be able to put a GIF on it, but it’s certainly a good way to gain traction for your brand, and can still be relevant to your ethos, voice, and how you want to present yourself.

Just take a look at KitKat’s amusing example

outbound marketing through direct mail

Estimates for the average ROI from direct mail vary a lot, and, like with most outbound marketing, it’s all about how good your campaign is. 

With direct mail, it’s important to:

  • Remain targeted with your approach and segment people based on past purchases, location, demographics, etc.
  • Be creative and make your ad stand out amongst the crowd.
  • Include a way to track the success of the campaign (unique discount codes are a great way to see which customers are responding).

It might not seem like it fits with the digital age, but direct mail is still a useful outbound strategy.

Outbound Marketing Strategy Number #3: Search Ads

Paid search ads can be seen as a cross between inbound and outbound marketing. While the targeted user has likely actively searched for information related to your products, you’re still artificially placing your brand in front of them in a way more reminiscent of outbound marketing.

Search ads are great for immediate success. 

With SEO, you write an article and watch as the search engines gradually start to rank it. When it does start to bring in traffic, it’s an amazing tool because you’re not paying for clicks, but it takes time and there’s no guarantee of success. 

When you invest in paid search ads, you give your brand an immediate presence in the SERPs, almost guaranteeing you traffic. Of course, you will be paying for each click which means the most important thing with search ads is optimization

Not only do your ads have to be on-point, but so do your landing pages (here’s how I make sure my landing pages are converting). 

Clearly set out what you’re trying to achieve with your paid ads and make sure everything is streamlined toward driving action from your customers. Small issues such as a clunky checkout page can hurt your conversion rate and make a big difference to your ROI on your search ads.

The average conversion rate for search ads on the Google network is 4.4 percent, but the hard work you put in might see you push well beyond this. 

Here’s my “Guide to Google Ads” to help you out.

Outbound Marketing Strategy Number #4: Social Media Ads

Billions of people are on social media every day. The average daily usage of social media is two hours and 25 minutes

In marketing, we talk a lot about reaching your customers where they’re hanging out, and the data shows this is overwhelmingly on social media. If you’re not running social media ads, then you’re missing out.

Social media is becoming more and more “pay to play,” increasingly making it an outbound tool. Paid social media is:

  • more cost-effective than organic social media
  • increases brand awareness
  • boosts reach

The average organic post reaches just five percent of your followers, so you need a huge following to make a difference with organic social media. Paid ads on the other hand allow you to immediately reach a highly targeted audience.

outbound marketing through social media ads book example

One of the most powerful aspects of advertising on platforms like Facebook, Instagram, TikTok, and LinkedIn is targeting. These companies have an incredible amount of data on their users and you can use this to be extremely targeted, serving your ads to the people they’re going to have the most impact on.

Outbound Marketing Strategy Number #5: Trade Shows/Events

Marketing may have shifted focus from the physical world to the digital one, but that certainly doesn’t mean getting out and meeting people is a dead art. One of the best ways to get your brand in front of a targeted audience is by attending a trade show. 

This can represent a large upfront cost (on average it costs $100-$150 per square foot of floor space), but the exposure and new connections you make can be well worth it. 

Maintaining brand relevance is something that takes constant commitment, and having a stand at a major trade show is one of the ways you can do this. Just think of any major trade show, and you’ll expect the biggest brands to be there. For example, what would an international farming show be without John Deere?

It may seem like these companies are so big it doesn’t matter whether they attend a trade show, but they recognize that to remain relevant you’ve got to be visible.

When planning for a tradeshow, make sure you’re setting goals and managing your budget appropriately. 

Outbound Marketing Strategy Number #6: Cold Calls 

Outbound doesn’t always have the best reputation and cold calls certainly fit this picture. Despite this, the inescapable reality is cold calling works for many businesses

Sales and marketing are still about reaching new audiences and starting conversations and that’s exactly what cold calling allows you to do. Of course, there are good and bad ways of doing this, and you need to consider your approach carefully.

Again, it’s easy to look at cold calling and think it’s all about numbers. Sure, outbound relies on volume, but the most important aspect is still quality, in this case, the quality of the conversations you can have. 

This is why there’s a push away from scripted sales pitches towards approaches like SPIN selling where the focus is on helping the customer to solve their problems (if you’ve read my inbound marketing articles then you know this is something I talk about all the time).

If you’re thinking about using cold calling as part of your outbound strategy then keep these important points in mind:

  • Invest in the right software: this will save you so much time and make you much more efficient.
  • Think about your brand image: don’t be pushy, work on growing relationships.
  • Research your prospect list: make sure you’re reaching a targeted audience.
  • Respect people’s privacy: take people off your contact list when requested.
  • Protect the vulnerable: look after your customers, especially the elderly, and put protections in place (such as a 30-day refund guarantee) to allow them to change their minds. 

Outbound Marketing Strategy Number #7: TV, Radio, and Print Ads

Online marketing has transformed the way businesses advertise, but traditional advertising is far from dead.

There are lots of online places you can advertise your business and continue to grow your brand. TV and radio ads may require a bigger investment than other forms. like PPC but they still bring in big results.

outbound marketing US tv consumption

The average American might spend more than two hours a day on social media, but traditional TV consumption is even higher among the older generations:

  • 50-64-year-old Americans watch an average of four hours and 59 minutes of traditional TV each day.
  • Over 65s watch a massive six hours and 39 minutes.

Consumption of traditional media might be changing but it’s still there—and therefore it’s still a big opportunity for marketers. Make sure you understand your target demographics and are showcasing your brand with creative messaging and you can still see an excellent return on your investment.

Outbound Marketing Frequently Asked Questions

What is the difference between inbound and outbound marketing?

Outbound relies on the business initiating the interaction whereas inbound marketing relies on the customer searching for your brand.

Is social media inbound or outbound marketing?

Social media can be both inbound and outbound. Paid social media ads would be classed as outbound, whereas organic reach is inbound marketing.


Why is outbound marketing effective?

Outbound marketing is often effective because it’s immediate. You’re not waiting for people to find you, you’re putting your brand in front of people and initiating interactions.

Is outbound marketing dead?

No, it is very much alive. Many businesses still use outbound to achieve a good return on their investment. 

What are examples of outbound marketing?

Examples include paid search ads, social media ads, cold email, cold calls, trade shows, and tv/radio/print ads.

Outbound Marketing Conclusion

Outbound marketing is something that’s still relevant today. It’s a great complement for your inbound marketing and an excellent way to grow your brand. 

Marketing is a competitive field, and sometimes you can’t rely on people coming to you, instead, you’ve got to put your name out there and guarantee you’re getting exposure. In these cases, cold emails, search ads, social media ads, trade shows, cold calls, and traditional media ads can make a huge difference. 

The most important thing to remember is that many of the same principles of inbound marketing still apply to outbound. You still need to understand your target audience, and you’ve got to be able to provide value and help solve people’s pain points. 

If you can successfully do this, then outbound marketing can be an important part of your strategy. 

What’s your favorite outbound marketing strategy?

New comment by JonathanStevens in "Ask HN: Who is hiring? (July 2021)"

https://watcherr.com | Life-saving start-up | Machine Learning/Data Scientist | Senior Software Engineer (Python) | Always remote (in EU)

Brief overview video: https://youtu.be/ANSosPGSuEU

Company: watcherr.com is a healthcare tech start-up that is currently developing an ecosystem around a medically certified smartwatch that can provide a much sought-after solution for the market, providing features like indoor and outdoor location tracking, voice communication and advanced daily activity insights to save lives by proactively trying to prevent cardiac arrests and helping a person in distress more quickly.

Location: always remote (located in EU), main timezone is CEST

Type: can be either contractor or on payroll, both for a long-term cooperation

Looking for:

– Medior/senior Python (Flask) engineers with cloud experience (preferably AWS): https://watcherr.com/careers/software-engineer/

– Machine Learning/Data Scientist: set up the data pipeline, train models on medical data to detect diseases and heart rate anomalies, gesture recognition with data from our smartwatch and more: https://watcherr.com/careers/data-scientist

Bonus: worked in a start-up before

Why us?

– contrarily to most start-ups, customers are already waiting in line for us to deliver the product

– the company is founded by people with proven experience in this industry

– we have our hardware, firmware and software under one roof, which gives us full control over the ecosystem that we are building

– we value everyone who helps to build this story and reward that with stock options. If the company does well, so will you.

If you’re interested, send me your resume/LinkedIn via the website or to jobs@watcherr.com

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New comment by JonathanStevens in "Ask HN: Who is hiring? (July 2021)"

https://watcherr.com | Life-saving start-up | Machine Learning/Data Scientist | Senior Software Engineer (Python) | Always remote (in EU)

Brief overview video: https://youtu.be/ANSosPGSuEU

Company: watcherr.com is a healthcare tech start-up that is currently developing an ecosystem around a medically certified smartwatch that can provide a much sought-after solution for the market, providing features like indoor and outdoor location tracking, voice communication and advanced daily activity insights to save lives by proactively trying to prevent cardiac arrests and helping a person in distress more quickly.

Location: always remote (located in EU), main timezone is CEST

Type: can be either contractor or on payroll, both for a long-term cooperation

Looking for:

– Medior/senior Python (Flask) engineers with cloud experience (preferably AWS): https://watcherr.com/careers/software-engineer/

– Machine Learning/Data Scientist: set up the data pipeline, train models on medical data to detect diseases and heart rate anomalies, gesture recognition with data from our smartwatch and more: https://watcherr.com/careers/data-scientist

Bonus: worked in a start-up before

Why us?

– contrarily to most start-ups, customers are already waiting in line for us to deliver the product

– the company is founded by people with proven experience in this industry

– we have our hardware, firmware and software under one roof, which gives us full control over the ecosystem that we are building

– we value everyone who helps to build this story and reward that with stock options. If the company does well, so will you.

If you’re interested, send me your resume/LinkedIn via the website or to jobs@watcherr.com

The post New comment by JonathanStevens in "Ask HN: Who is hiring? (July 2021)" appeared first on ROI Credit Builders.

How to Use eSports Marketing to Grow Your B2C Reach

Twenty years ago, I had no idea we would be talking about eSports marketing. eSports was somewhat of an underground industry coveted by the most loyal fans. Today, eSports is a booming industry ripe for the taking by smart but strategic business owners who understand their audience

What Is eSports Marketing?

eSports is the projected 1,790 million dollar industry taking hold of Millenials. It’s competitive gaming where groups assemble teams and play against each other as they would in any other sport. They hold tournaments, and many professional gamers have large followings on gaming platforms like Twitch. 

Until recently, only brands like Red Bull and others associated with gaming were able to get in on eSports marketing. Things have quickly changed. Now, you have businesses from all niches, including Mercedes and Coca-Cola, wanting to get in on the action. Is it the right fit for your business? It might be. 

Why eSports Marketing? 

Why would a B2C business want to choose eSports marketing over another strategy? First, marketing in eSports allows you to reach a dedicated and engaged audience. The people who follow eSports are invested in it; they interact with professionals from the industry, and they take the sport seriously. 

Second, the cost of advertising is still relatively low due to the lack of competition. There aren’t many ads, and many of the big-name competitors haven’t reached the market yet, which means there are opportunities for smaller businesses to come in and display ads at a low cost. How do you use it? 

6 B2C eSports Marketing Strategies to Try 

Now that you understand the power of an eSports marketing strategy, you need to know how to implement it. In the following sections, I’ll break down actionable steps you can take to promote your business to the eSports market. 

1. Create In-Game Ads 

Investing in an in-game ad can be a unique, but powerful strategy. This is one sure-fire way to separate yourself from the competition, gather precise data about your audience, and help increase your brand awareness. 

Keep in mind that the depiction of the average gamer isn’t always accurate. People think that gamers’ ages skew much younger than they do. There are a lot of stereotypes, but the average gamer is actually 34 years old, owns a home, and has a family. Plus, more and more women are gaming, as well. 

Another advantage of in-game advertising is there are a number of display options. 

eSports marketing example in madden

The example above from the Madden football game from EA Sports shows a GMC ad as if it was a real game. In the NFL, companies often sponsor certain segments of the game. In this case, the auto manufacturer GMC sponsored the “moment of the game,” which is a highlight of the best play of the game. 

You can also display your ad on virtual billboards and sidelines in games such as Madden, FIFA, and MLB The Show which are all part of the eSports world. 

2. Dynamic Ads

Dynamic ads in eSports are unique because they are only seen by viewers, and not the players. This presents an opportunity for you to reach a highly targeted audience because you know and understand the demographics of the people watching the sport. Much of that data is easily available to whoever wants it. 

eSports marketing example in league of legends

For example, the popular eSports game, “League of Legends” uses dynamic ads in one of their battlefields. As players move through the battlefield, they’ll continue to see the game as-is. Meanwhile, viewers of the game are seeing advertisements increasing brand awareness for those who advertised. 

To implement an ad like this, you’ll need to contact the advertising and public relations teams of whatever game you want to advertise on. This is where the research and knowledge of your audience comes into play. Certain games have different audiences. 

For example, I’ve provided the names of a few different games in this article so far. We talked about Madden and League of Legends. These two games have a completely different audience with unique interests. It’s up to you to understand these games, even if you don’t play them, because that’s how you’ll target the right people. 

3. Partner With eSports Influencers 

Like any other industry, there are influencers. This strategy opens the door to more possibilities because you can piggyback on the following and audience of the influencer across a variety of platforms. If the influencer is on TikTok and Instagram, you’ll be able to take advantage of that audience as well. 

One of the reasons influencer marketing and gaming go hand-in-hand is because it’s engaging. These professional gamers actually talk to their audience, they engage on Twitch, they talk during their streams, and their audience respects them. 

Streaming has become social media for eSports, so by partnering with an influencer and getting them to promote your brand, you’re increasing brand awareness and also using the respect the gamer has earned to boost your brand. 

bang is a popular sponsor of eSports marketing

One great example of this is Bang Energy drinks. You’ll find these everywhere throughout the eSports world, but the advertisements seem so natural. It could be as simple as a gamer drinking it with the logo facing the screen for an hour. It brings awareness to the brand and influences the people who love that gamer to support it.  

Partnering with an influencer could be as simple as getting a shoutout during live videos. There’s no cut-and-dry way to implement influencer sponsorship. You need to reach out manually to big names in the industry until someone gets back to you. 

4. Sponsor a Team 

B2C eSports Marketing Strategies to Try - Sponsor a Team

Another eSports marketing strategy is to sponsor a team. What does that mean exactly? It means that you’re responsible for some of the team’s expenses in exchange for the publicity. Companies that sponsor teams often get their logo on uniforms or the teams agree to consume their product exclusively whenever they’re on camera. 

As you can see in the above image, Red Bull, Puma, and Twitch are all sponsors of this team because their logos are on the uniform. 

This strategy is popular in sports of all kinds (even Little League) and is used to drive brand awareness. Will anyone see that shirt and immediately go out and buy a case of Red Bull? Probably not, but you’re keeping your brand fresh in the minds of people who purchase the product and that’s what larger companies pay for this type of advertising. 

If you’re a smaller company, I wouldn’t recommend this method because people may not know who you are. An ad where you can briefly describe your product or service would do better. The companies that advertise this way are already well known and want to remind consumers that their favorite brands support eSports. 

5. Create a Static eSports Ad 

Static advertising is the opposite of dynamic advertising. Rather than changing, these ads remain in the game forever and display to both players and the viewers. There are a few different ways for this to work. 

One strategy is with fictional brand advertisements. Think about “Buzz-Cola” from The Simpsons. Even though they call it a different name, we all know what reference they’re making so it serves its purpose. 

You don’t have to choose such a subtle ad though. Some games such as racing games will display full billboards of ads for real companies. These static ads do not change no matter what happens in the game, and generally don’t require an internet connection. 

Games like Fortnite, for example, have constantly changing dynamic ads because they are played online. A static ad would not require a connection and would likely be found in a story mode that is played offline. 

To get your brand in the game, you’ll have to contact the marketing and public relations department—-and you’ll also need a pretty hefty budget. It takes a long time for development, and there isn’t a solid way to measure the results of a static ad, since you can’t track impressions. 

6. Advergaming 

Advergaming is one of the most extreme eSports marketing strategies. This is when a game is specifically created with the intention of promoting a brand or product. Do you remember when Burger King came out with “King” based games for the Xbox years ago?

Burger King advertising using eSports marketing

If your brand uses advergaming, you’re putting your business front and center. However, there are a few clear concerns with this strategy.  

First, for you to have any success, the game has to be fun to play. If the game is a flop, no one will play it and you might as well have flushed the money down the drain. 

Second, you’re relying on the marketing and promotional efforts of the company. Chances are, you’ll only be able to get a smaller engineering company to sponsor your game. 

Third, it’s going to cost a lot of money and take a lot of time because you’re producing a game from scratch. There’s probably a reason why Burger King only did this once. 

eSports Marketing Frequently Asked Questions

What is the target market for eSports marketing?

The target market is men between ages 18-34 and primarily people located in Asian-Pacific countries. These individuals make up as much as 57 percent of eSports viewership. In recent years, female eSports viewership has increased quite a bit, with 20-30 percent of the audience made up of women. 

How much do eSports ads cost? 

According to esports.net, dynamic in-game advertising is the most affordable route, because you’re paying per 1,000 impressions. The price depends entirely on the game, niche, and target audience. 

Static advertising can cost anywhere between 25,000-50,000 dollars depending on the game. The cost is so high because it requires the creator of the game to actually develop an in-game advertisement for your brand from scratch. 

Advergaming is the most expensive option and can cost as much as 500,000 dollars depending on the game, target audience, and extent of the advertising. You’re essentially producing a game from scratch that is built around promoting your business. 
Total, brands spent around 364 million dollars on eSports advertisements and sponsorships in 2020, and that number is expected to increase to 634 million by 2023. As demand increases for advertising space, so will the price. 

What are the main types of eSports ads? 

The main types of eSports marketing ads are dynamic ads, static ads, and advergaming. These ads require you to work directly with the creators of the game rather than the eSports teams. If you’re working with the players and teams involved with the sport, you’ll likely do influencer marketing or sponsorships. 

What brands should consider eSports marketing campaigns? 

All brands could benefit from some form of eSports marketing. It’s just important for you to use the right one for your business and goals. For example, a small business without a ton of reach wouldn’t likely benefit from endorsements and sponsorships because people don’t know who you are. Instead, you’d want an ad that allows you to describe your offering.

eSports Marketing Conclusion 

If you’re considering hiring an eSports marketing agency to help you, why not see what we can do for you? eSports is a booming industry among both young and old generations. 

Keep in mind that younger generations are finding entertainment in different ways. Streaming continues to grow, and, as a result, these people enjoy watching their favorite streamers the same way that older generations liked watching their favorite talk show host. 

To be successful, you need to take advantage of growing marketing trends, and eSports is right at the forefront of it all. 

How do you plan to take advantage of eSports marketing? Do you think it’s all hype?

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