To promote steem is to spread his gospel. Truly, steemit has become addiction to many including yours sincerely. I got to know this from a friend as a money making platform, then I joined before I see it as fun and real enjoyment galore.
Steem can be promote through linking steemit with other existing plartform. Example, Twitter link its page with Facebook and other plartform. You can share your twitte to your Facebook page and WhatsApp and others.
Steem has potential to overtake SBD and the likes if is been manage well. Let the exchange be readily available then more opt for it. The competition may be tough, though. Yet, it can still maintain the balance.
Among the major way to promote steem is "digital marketing". As a certified digital marketer I can testify to the testimony of others who have thread the path. It can be throigh mailing, direct messaging, Ads etc.
Can also be improve through community such as cryptocurrency community and the likes. Make it appear without been a threat to others but complementary so as to build little trust before convincing action.
Steemians should be proud of sharing the link of the steemit post on other social network. Invite link should be readily available to invite more people, the higher the population the greater the competition.
A social group with the tag can also influence it. The group can be targeted at youth most especially. The availability of such group in student arena is of high advantage. Youth most especially student love social platform more importantantly the one who pays with less work. You write and you get paid.
Steemit is a great platform for writers to earn. You use your data subscription and earn from it.