04/03/2022
𝟓 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐘𝐨𝐮 𝐒𝐡𝐨𝐮𝐥𝐝 𝐓𝐚𝐫𝐠𝐞𝐭 𝐅𝐨𝐫 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐥𝐞 𝐀𝐝𝐬 & 𝐖𝐡𝐲?🤑💰
1 - 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬
When thinking of the best country to sell to, the United States quickly comes into mind.
Did you know that it is the largest consumer market in the world?
The US has a high GDP per capita of $63.5k; an enormous eCommerce spend of $709.78 billion in 2020 and a large population of 328.2 million people. It’s the holy grail for eCommerce businesses.
Some Pros and Cons of Targeting the United States are……..
𝐏𝐫𝐨𝐬:
- High average disposable income
- Enormous e-commerce spend
- Large population
- Many fulfillment centers available (and thus fast shipping)
- Ecommerce sales vs. In-store sales ratio is rising each year
- English speaking country
2 - 𝐔𝐧𝐢𝐭𝐞𝐝 𝐊𝐢𝐧𝐠𝐝𝐨𝐦
The second best country to target as a drop shipper is the United Kingdom. It features a highly developed eCommerce market, a GDP per capita of $40.28k, and the world’s highest eCommerce spend per capita of $4,201.
𝐏𝐫𝐨𝐬:
- Highest eCommerce spend per capita
- 98% of the population speaks English
- A large population of 66.6 million people
3 - 𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚
Another great country to target as a dropshipper lies in Oceania.
Australia, of course!
This country features a rapidly-growing eCommerce market with:
- A big eCommerce spend per capita of $1,764.
- A social network pe*******on of 79.9%.
- And the eCommerce revenue annual growth rate is expected to be 5.8%!
𝐏𝐫𝐨𝐬:
- Lots of people are active on social media
- Less expensive to target in comparison with the US
- High eCommerce revenue annual growth rate
- Each resident spends almost 150$ a month on e-commerce purchases
4 - 𝐂𝐚𝐧𝐚𝐝𝐚
Canada is next in line with e-commerce spending per capita of $1,746, which is very similar to Australia’s.
Canada offers 26.1 million online buyers, and the share of millennial online shoppers is 28%.
𝐏𝐫𝐨𝐬:
- Average eCommerce spend per capita is high
- English speaking population
- A high share of millennial online shoppers
5 - 𝐆𝐞𝐫𝐦𝐚𝐧𝐲
Germany is another great country to target as a drop shipper. It is Europe’s largest economy, and after Russia, it’s also Europe’s most populous country.
Germans have a good income since the GDP per capita is $45.7k.
The predicted online sales for 2022 are €103.4 billion, which is why it isn’t hard to pick a piece of this huge sales cake.
𝐏𝐫𝐨𝐬:
- High GDP per capita
- Large population
- A high percentage of English speakers compared to other European countries
- Less competition in comparison with the US or UK
- With a German dropshipping store, you can target Germany, Austria, and Switzerland all at once
