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Broad targeting wastes ad spend by serving impressions to uninterested users, while hyper-niche targeting limits reach and increases CPMs. Once these indicators look solid, increase the budget in small increments (2030%) and monitor performance. The audience you thought would convert isnt responding. Neither guarantees results.
Okta was niche. But … if it yields additional growth, that lets you hire more product people #itscomplicated. But if you just go heads down, and keep it up: 2020: $10m 2021: $14m 2022: $20m 2023: $28m 2024: $38m 2025: $53m 2026: $75m 2027: $105m 2028: $148m 2029: $206m 2030: $290m. June '20: $91 billion.
So you know you want to enter sales, you've chosen a field with a wide range of career avenues and niches. Job growth as a travel agent is expected to increase by 20% from 2020-2030, much faster than most other industries. But locking in on a role you can secure and grow in can be tough.
As a marketer who specializes in audience growth, I sway with the 44% of people who think that the same tactics won't work on both groups -- at least not forever. By 2030, 75% of the workforce will be made up of millennials. But is either group of consumers right about their perceptions?
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