I finally got my 200 NFTs all set up. It took several major efforts. By the time I had it sorted it was becoming very easy to me. The next time it will be cake.
Now the marketing of the NFTs. The major efforts have not been panning out.
I approached a close friend in his 80s whose father was a madman on Fifth Avenue in NYC. Bottom line until there are people showing a desire for my NFTs no one will want to buy them. Buyers need a sense that people want them. Buyers want to flip them.
My solution was to start an ad offering Special Savings on 12 of them In groups of three at one price in Eth with the prices incrementally rising from 0.05Eth to 0.3Eth.
I set up the ad and some of the terms. The ad fell flat. I rethought the rules. Younger people are like us. Do not read them the rules.
The next ad was a huge success. I am running ads to wealth people under 35 that might collect NFTs. My market.
This has been running for three days now. But the price of Ethereum in USD has been rocketing. People are saying one minute in their heads I am holding Eth for the rise. My thinking when Eth begins to go more sideways people will think, “I can buy more now with the Eth I have”. This back filling price and buying of NFTs is quite natural. The wealth effect in the stock market underscores a lot of consumption in the US economy.
I also began to use TikTok, TT. The reason is for a couple of posts per day a lot of people will see it for free. The people hearting my posts are running at about 10 to 15% of the viewers. My blurb says, “200 NFTs be first to make a crazy bid”.
The TT audience is not as well heeled necessarily. But low ball bids can be accepted or ignored as steppingstones towards higher bids.
All of this is early. An internet buyer needs to see a work of art six to seven times online to commit. The ads have to be a cumulative affect on the buyers.