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Gartner: Compound Insights - [Business Breakdowns, EP.160]

Business Breakdowns

NOTE

Broaden Your Client Base Beyond the Obvious

Businesses should assess their customer demographics and consider targeting additional sectors beyond their current focus, especially if they're overly concentrated in Fortune 100 companies, IT-heavy industries, or specific geographic regions. There exists potential in medium-sized corporations that can afford significant investments, like $50,000 services, despite the perception that the price point is restrictive. Identifying new customer segments can help in diversifying the client base and fostering growth.

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