Market Research for Crypto magazine Website

Today I am gonna light all of you with data for a crypto based magazine website.

Let’s start with Demography

DEMOGRAPHY

Do you know nearly 5M+ people browse through Crypto websites to do research about investment. And this figure is of-course growing.
And the leading countries are the USA, UK, Canada, Spain, India, Australia.

Screenshot 2020-05-07 at 7.56.03 PM.png
Screenshot 2020-05-07 at 7.56.03 PM.png

And during this lockdown more people entered crypto and invested, which is evident from the rise in the above graphs and country wise statistically.

Screenshot 2020-05-07 at 8.20.06 PM.png
Screenshot 2020-05-07 at 8.19.52 PM.png

We can observe that India grew 102%, which is an outstanding figure and suggests that lockdown made people understand blockchain and diversify their income.

Of Course country wise stats opens up opportunities to focus as a marketer.

TRAFFIC SOURCE

Screenshot 2020-05-07 at 8.21.39 PM.png

About 50% average traffic comes from Search Engine, well that is normal.
Top search terms are related to bitcoin and that's totally understandable.

Screenshot 2020-05-07 at 8.22.08 PM.png

On an Average 5% comes from referral websites.

Twitter serves average 50% traffic among social media channels in reciprocation to the volatile nature of Cryptocoins.

Screenshot 2020-05-07 at 8.22.37 PM.png

But an interesting fact here is that 0.15% of traffic comes from display advertisements. Out of which around 90% are adult websites.

Screenshot 2020-05-07 at 8.22.49 PM.png

I reason it out as Crypto is highly volatile and thus it matches with people who like instant gratification. But, I am still wondering the reason here, if anyone figures out please do comment.

CONCLUSION


From the above data, people who are facing marketing challenges can re-channelise their efforts to get max. Traffic.

  1. Tremendous rise in queries from countries : India and Canada
  2. Maximum marketing efforts should be on optimising for Search Engine as it counts nearly 50% of traffic.
  3. Most Active social media is twitter among crypto communities, thus efforts can be re-focused to twitter only.

I have done more in depth study for crypto magazine for starters, as I myself was going to make one. But then, I changed the course to start my own Crypto Exchange, with a vision of offering the best rate.

I think for someone who is starting a crypto blog or magazine can sure use the above data to plan go to market strategy.

Hope that helps.

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