The Challenge
There’s a reason many marketing analytics platforms target analysts or data experts working for enterprise companies: big budgets and a deep understanding of why quality data is worth a premium price.
This “reality” left a gap in the market for providing proper analytics to smaller businesses like early-stage startups, and a serial entrepreneur decided to fill it.
As Chris, the company’s brand director, put it, “Our approach is that social data can help any small business, and we provide products to get those businesses started.”
The problem with targeting small businesses and early-stage startups was the much smaller average order value (AOV). They needed to cast a much wider net and develop a sustainable customer acquisition strategy to grow.
Like many fast-growing companies, they didn’t have a fully realized structure to automate certain aspects of their sales and marketing. Many people on their marketing team came from other disciplines and weren’t up to speed on best practices.
“We didn’t really know how to get started,” Chris explained. “We didn’t know how to do our own growth hacking. We had users, we just weren’t doing anything with them. We weren’t pushing them to buy our premium offerings.”
To bring their marketing and sales processes up to speed, the company turned to Opascope.