ken wisnefski weighs in on hubspot's future
TRANSCRIPT
A Successful IPO Is Only the Beginning
• For every Twitter or Facebook IPO, there is a Groupon and Zynga IPO. What will the future of HubSpot be?
The Numbers
• HubSpot currently operates at a loss. It lost $33 million last year.
• However, as it’s a subscription service provider, this is normal in the beginning.
• HubSpot made $77.6 million and experienced 50% year to year growth.
• It raised $120 million in its IPO
• The Wall Street Journal valued the company at over one billion dollars.
Challenges to Success
• Digital Marketing Expert, Ken Wisnefski, said that his company Webimax has used HubSpotfor four years.
• In a blog post, he wrote that HubSpot is not easy to learn for an average user and a web developer and marketing expert are often needed to successfully use its tools.
• Manual assistance is required.
Case for Success
• As inbound marketing becomes crucial to a business’s marketing plan, HubSpot should remain popular.
• HubSpot provides users with a variety of tools and analytics to fine-tune their digital marketing campaigns. Tools include blogging, a social box, email software, site-builder and more.
The Verdict
• Although there are some challenges, Webimax’s Ken Wisnefski believes that HubSpot will be a winner. The IPO should give HubSpot the opportunity to fine-tune its product to give users the best software to enhance their digital presence.