Black Friday Campaign - Leverage on US Dollar
Published on November 14, 2021
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
How much is 1 US Dollar($1) worth in your local currency? (Please have your answer in comment)
For WA members outside of the United States the exchange rate is a very critical factor to be considered. The reason why I say this is that currency used in WA and most affiliate programs is US Dollar.
Some currency values are little less that of USD while others are much lesser. In such case non USD purchasers have to dig deeper to level up with the value of USD. I put an example here on US Dollar(USD) against Papua New Guinea Kina(PGK). USD1 = PGK3.40. That means USD100 = PGK340, USD1000 = PGK3400 and so forth.
When it comes to the Black Friday Sale, USD 299 is PGK1,016.60. This is quite a lot of money according to PGK users due to the economical stand in Papua New Guinea.
Due to the challenge of leveling up with US Dollar I came up with 5 Pros that WA members can use in their Black Friday sale and referral campaigns.
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1. Small commission amount in USD, fair amount in local currency
In reference to the example I made, if you get a commission of $100, locally it is
PGK340. That is 50% of an average fortnight pay check locally. You add another $100 and it's a full pay packet covered for you by WA. Again small commission in USD is leveraging your local currency so you are at no loss when it comes to getting paid little. In fact little affiliate commissions will add up.
2. Your USD Earning pays WA
Instead of budgeting in your local currency to pay for WA subscriptions you can actually use the USD commissions within the platform. That solves the hassle of exchange rates and local currency budget
3.USD is accepted globally
When you are trading in USD you are recognized globally compared to your local currency. This is the advantage that Dollar users have when it comes to online payments. The real value of online money lies on the US Dollar.
5. Traveling Abroad made Cheaper
USD has greater buying power overseas. Because some local prices are not influenced by US economy, you can actually pick a lot more groceries than having the same amount spent in the US.USD users won't really see the difference and may take other campaigns to market the Black Friday but for other currency users USD alone is a leverage to theirs.
The feeling of being paid in US Dollar is awesome.
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