January 10, 2024
Our experience in the CIS market
CIS is the Commonwealth of Independent States. It includes the entire Russian Federation, Ukraine and many more Russian-speaking countries.
Let's look at a few facts about working in the CIS marketplace:
- More than 10 000 cryptocurrency channels in Telegram with an average monthly return of more than 500$;
- The average conversion rate for sales with an average check of $150 is 2% of the total audience;
- High demand for VIP channels with signal recommendations, compared to other product variants;
- The audience prefers to take short-term basis subscriptions (month - few months) rather than a long-term basis ones (year - lifetime);
- It costs an average of $2 to attract one targeted subscriber.
The main disadvantages of working on the CIS market in the cryptocurrency sphere in Telegram:
- The emergence of a large number of unscrupulous channels that do not allow honest administrators to work;
- In the last year, the advertising return has deteriorated greatly, which does not allow us to run the advertising campaign qualitatively and effectively;
- Low solvency of the audience compared to European clients;
- The abundance of channels has created a lot of competition in the market of cryptocurrency Telegram channels in the CIS.
Benefits of operating in the European cryptocurrency telegram channels market in 2024
- High solvency of the audience: according to our calculations, it is possible to raise the cost of products by 50% on average;
- Low competition in the telegram market;
- The stability of the telegram advertising market, which allows you to buy advertising more effectively;
- Potential market size is higher than in the CIS: which allows to attract a much larger target audience;
- Low quality channels, which gives a lot of freedom in the development of this market.
That's why we started to work in a new market - utilised all our extensive experience in quality work and conquering new heights.