What Is The Highest Converting Country for Affiliate Marketing?
Introduction.
Hello! If you have been following this series, we are already one step ahead in choosing the right country to start with.
In our last lesson, I discussed what is affiliate marketing and how it works. I also told you that choosing the right country will determine your success rate when it comes to earning money online.
Now that we know what affiliate marketing is all about, let's do some research on the highest converting countries for affiliate marketers and also explain why these countries are best for affiliate marketers.
- United Kingdom : This is one of the first countries when people start their journey of becoming an affiliate marketer, UK: consumers are more responsive to online advertising as compared to other countries. This is why most of the products are advertised here first before they are launched worldwide.
- The United Kingdom has been a very important market for many years now and it still continues to be so in 2019. As per a recent survey, 4 million Britons spend more than £1 billion annually on shopping websites such as Amazon and eBay alone which shows how responsive they can be when it comes down to buying stuffs online but still there needs some effort from your end as well i.e., you need good content that helps them find what they want quickly without wasting too much time on searching through all those ads or blogs that do not offer any value at all!
One of my most requested question nowadays is:
One of my most requested question nowadays is:
- What country should I choose?
- Which country is best to start with?
- What is the highest converting country for affiliate marketing.
What country should I choose?
Choosing a country is a big decision. It involves a lot of work, money and time. Choosing the wrong country can also be costly.
The first thing you need to know is that if you are an affiliate marketer, there are some countries that will pay you more than others for your products or services (and some will pay even nothing).
The second point is that in most cases, it isn't easy to find out what's the highest converting country for affiliate marketing before you start promoting something on your site/blog/social media platforms etcetera.
It's not easy because it all depends on what type of product or service you're selling:
let's say you're selling books online via Amazon; well then Amazon might be able to tell you what kind of customer buys their books through their website so they'll be able to give approximate figures based on region (e.g., UK vs US vs Australia).
But if we move away from physical products like books into say web design services then things become much more complicated as there aren't any reliable statistics available regarding which country has better potential when it comes down converting visitors into paying customers in this case either due to lack data collection methods used by providers like Google Analytics.
And of course I can not give somebody good advice if I don't know your product, your niche, your plan, etc.
Whether you are looking to make more money or just want to get your business up and running, it's always good to know where the best place is for affiliate marketing.
To answer this question, first we need to understand what affiliate marketing is. In a nutshell, affiliate marketing is when you find products that you want people to buy and promote them online.
You will earn a commission on any sales that come directly from your own website(s) or social media accounts.
The great thing about affiliate marketing is that there's no limit on how much money can be made per sale.
For example if someone buys $100 worth of books but only spends $50 with itself being an affiliate then they'll get half of their commission instead of all their commissions because half goes towards paying off whatever debt occurred during the transaction process!
But what I can do is to give you some of the best converting countries based on my experience, so that you can make a more informed decision.
It's also important to point out that conversion rate is the most important metric in affiliate marketing. It's almost impossible to make money without a good conversion rate.
Regardless of how much money you can earn from your sales, if the conversion rates aren't high enough then you'll probably be back at square one trying to find other ways of making money from home.
With that said, it's very important to track your conversion rate on a regular basis and make sure it stays above 3%. If it drops below 3%, then chances are that you're losing money on every click and should look at optimizing things like your landing page and ad copy before thinking about spending more money on advertising.
First things first :
Let's begin by defining conversion. Conversion is the action that a visitor takes on your website, such as downloading a whitepaper or making an online purchase.
You want to maximize conversions for your website, because it will lead to more money in your pocket and help grow your business.
Now that we've defined what conversion means, let's look at some examples of conversions:
- A customer buys something
- A customer downloads something free
- A customer signs up for an email list (this can also be called email signups)
Now that we've looked at some examples of how a visitor might convert on your site, let's talk about why conversion is important for affiliate marketing.
Let's define conversion.
Conversion is the process of converting a visitor into a customer. Conversion rate is the number of conversions divided by all traffic, expressed as a percentage.
Conversion can be measured in many ways, but for our purposes we'll focus on two main types:
- Lead-to-sale conversion: When someone makes an order or signs up for your newsletter through your website, that's considered a lead-to-sale conversion.
- Unique page views to order/subscription: If someone visits your website and performs one or more actions that result in an order/subscription (like buying an item or subscribing), it counts as a unique page view to order/subscription conversion.
So conversion by it's definition means when someone clicks on your website or banner and then he buys a product or service from that website that he clicked on.
Conversion is the process of turning a website visitor into a customer.
You can either do this with an affiliate program, or use Pay-Per-Click advertising to get traffic to your site.
Conclusion
So, if you are looking for the highest converting country, then it seems that the best option is to look for a country with a high conversion rate.