Best Ways To Make People Buy Your NFT

best ways make people buy your nfts

After making an NFT, the next step is bringing it to the right audience and getting sales. Now the big consideration here is how to make people buy my NFT. The main work in this project is finding the perfect audience for your NFT. 

You must have set up a mind-blowing story to get your audience and make them see reasons to patronize your NFT. If the project is not brought before the right community, you risk not making a single sale. Making sales for your NFT should not be a threat anymore. Implement these steps and start making sales as much as you can. 

Simplified Guide To Getting Buyers For NFTs 

All that is expected of you is to take action. These steps would only work effectively if you followed them accordingly as instructed. Also, you need to understand the term collaborative NFT. The processes are easy and straight. Explore and start attracting buyers to your NFTs. Below are 5 verified steps for making sales as a beginner in NFT: 

1. Select A Marketplace 

The first thing to do after creating your NFT is to select a marketplace. Various marketplaces are available, like OpenSea and D2C (direct-to-consumer) platforms. The type of NFT you are selling and the fees involved in trading its asset will determine the preferred platform for your NFT. Here are some popular platforms that NFTs creators patronize: 

● OpenSea 

This platform is the most popular digital space for trading NFTs, including game items, exclusive digital collectibles, and crypto arts. OpenSea allows only ERC-721 and ERC-1155 tokens. When listing your NFT on this marketplace, you can select Ethereum or Polygon. OpenSea standard trading fees are 2.5%. This implies that sellers will get the exact percentage deducted from the amount their NFTs are being sold. 

● Binance NFT Platform 

Binance is one of the most recognized cryptocurrency exchange platforms across the world. It has a specific NFT marketplace. Binance NFT marketplace allows trading NFTs of different categories, including sports, entertainment, gaming, and art. Binance Smart Chain and Ethereum are the blockchains supported on this platform. For NFT creators and sellers, Binance charges a trading fee of 1%. This fee is rated the lowest in the market as of now. Also, sellers pay a royalty fee of 1% if the NFT is not theirs (created by someone else). 

● Shopify Marketplace 

Shopify is a well-known ecommerce platform. It was only a short time before it started allowing NFT trading. On Shopify, creators and resellers can offer direct-to-consumer trading by creating their own branded outlet on the platform. So each NFT trader can directly sell digital assets to buyers. Shopify NFT trading is simplified and accepts mobile, credit, and debit card payments. Also, payments can be made through the Shopify Payment gateway (NFT traders pay zero fees when payments are made through this medium). The NFT trader can add cryptocurrencies and other alternative payment methods. In addition, Shopify Marketplace allows blockchains like Ethereum, Polygon, Flow, etc., for listing and trading NFTs. 

2. Create A Crypto Wallet 

Learning how to make people buy my NFT is so smooth and interesting. To get your first NFT sale, you need to have a cryptocurrency wallet before you can list your NFT. Some of the most accepted wallets that accept NTF trading are Trust Wallet, MetaMask, and Coinbase Wallet. Here are some quick facts about these mentioned crypto wallets: 

Coinbase Wallet: This wallet permit users to send and receive NFTs using their usernames instead of the usual public blockchain addresses. It is a simplified method, similar to the usual digital wallets most individuals are familiar with. 

Trust Wallet: Here is another good choice for a crypto wallet. It permits NFT trading and storing of tokens in a secure wallet. 

MetaMask: With MetaMask, you can connect directly to Ethereum blockchain and start trading NFTs. 

3. Place A Price On Your NFT 

Forget the status quo: NFTs are only worth what buyers are willing to pay. The main point is that factors influence NFT pricing systems and the value buyers place on them. 

These factors include the following: 

A 30-Day Average Price - (your market price should be in check with the average market price of other NFTs within the last 30 days). 

Rarity - This concerns the traits that make your NFT better and most sorted for. Rarity will help drive up NFT prices; if your NFT is worth the price, people will surely buy. 

Utility - Can your NFT be traded for a virtual item in a certain game or metaverse? The utility attached to your NFT would make people ready to pay higher. 

Communication - As a creator, if you have built a good reputation over time in the NFT space/community, you can command a higher price for your NFT. Notwithstanding, as a starter, it is recommended that you begin with an average price and move your way upwards. 

4. Make A Listing 

As soon as you have set a price for your NFT, the next step is to create a listing. Creating a listing is a simple task. Depending on the NFT platform, you must log in and follow the steps to create a listing. You can choose between single or multiple collectibles depending on the supply of your asset. Enter a captivating title and enticing description. Remember to mention the reason for your token and other relevant details in your description. Mention the rarity grade of your NFT. Also, make it known if buyers will get perks aside from asset ownership (this is one of the hacks to getting customers' attention). Then choose your preferred listing type: "On Sale" or "Auction". If you decide to sell at a fixed price, then "On Sale" would be your best option. On the other hand, if you decide to set a reserve price for your NFT, where the highest bidder purchase the digital asset, then "Auction" is the best listing option. 

5. Accepting Offers 

Finally, you have reached the point where you have done all you should make people buy your NFT. Watch out for offers from potential buyers. Your platform likely notifies you when a potential buyer places a bid on your listing. However, you should often check to ensure you get all requests. For an on-sale listing, buyers can make direct purchases, known as public sales. 

You will be notified that a digital asset has been sold, and your account will be credited with cryptocurrency or fiat, as the case may be. However, if it is an auction listing, you will get notifications of several biddings placed on your digital asset. Some buyers may send you direct offers containing a stipulated figure for purchasing your NFTs. Nevertheless, you will eventually sell to the highest bidder. 

Crypto Conclusion 

Getting buyers for your NFTs is as easy as seen. It may initially seem so overwhelming that you start searching for how to make people buy my NFT. Make your research and due diligence, coupled with this short guide, and you should be on your way to getting sales for your NFTs in 2023 and beyond.

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