Cross-promotion is a marketing strategy where two or more brands or businesses collaborate to promote each other’s products or services. This tactic is particularly effective in social media marketing, as it allows brands to reach new audiences, increase engagement, and drive conversions. Below are three diverse and practical examples of cross-promotion tactics that can be leveraged on social media platforms.
In a competitive market, businesses can engage their audience and gain new followers through collaborative giveaways. This cross-promotion tactic involves partnering with another brand to offer a prize that combines products or services from both companies. This not only increases reach but also enhances brand visibility.
A beauty brand might collaborate with a fitness apparel company to host a giveaway on Instagram. Participants are required to follow both brands, like the post, and tag friends in the comments. This encourages sharing and increases engagement, as users are more likely to participate when they see the potential for winning valuable products from both brands.
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Live streaming is an increasingly popular way to engage audiences in real time. By hosting a joint live streaming event, two brands can tap into each other’s followers, creating a win-win situation. This tactic works well when the brands have complementary offerings.
For instance, a travel agency could partner with a local hotel to host a live Q&A session on Facebook or Instagram. The travel agency shares travel tips while the hotel promotes exclusive discounts for viewers. This collaborative effort not only provides value to the audience but also showcases the partnership between the two brands, encouraging followers to explore both offerings.
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Content swapping is an effective way to cross-promote by sharing each other’s content to reach a broader audience. This tactic works particularly well for brands with similar target demographics but non-competing products or services.
For instance, a healthy meal prep service might collaborate with a nutritionist who has a strong social media presence. They can agree to share each other’s content—such as recipes or nutrition tips—on their respective social media platforms. The meal prep service can share the nutritionist’s posts about healthy eating, while the nutritionist can promote the meal prep service’s offerings as a convenient way to achieve dietary goals.
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These examples of cross-promotion tactics for social media marketing illustrate how businesses can collaborate to enhance their reach and engagement, ultimately leading to better marketing outcomes.