Why we targeted Indonesia
Indonesians are acutely aware of the impact of an unreliable local currency.
In the Asian financial crisis, Indonesians lost 50% of their wealth in the course of one week.
They have always revered gold as the antidote to currency risk and SendGold prices are extremely competitive with their local options.
10 Year Gold Investment Return
As the world’s fourth most populous nation, Indonesia has a predominantly young population, SendGold’s target market.
- The Millennial generation (those between 23 and 37 years old) is one that will sustain Indonesia’s future. According to the Indonesian Central Bureau of Statistics, Millennials currently make up more than 50 percent of the productive age population (those aged 16-64).
- Millennials are potential buyers as well as future markets. Many Millennials are working and are saving for or have purchased a home.
- Millennials are also very information-literate, and are up-to-date with the latest technology, and so they choose to access investments, payments and gifts via gadgets such as smartphones.
We look forward to servicing this exciting market.