Investing in companies that can sell in multiple sectors can be a smart move for a number of reasons.
One of the primary advantages is the increased stability and resilience that comes with diversification. By selling in multiple sectors, a company can mitigate the risks associated with relying on a single market or industry. For example, a company that sells primarily to the government may be at risk if funding is cut or there is a change in leadership. However, a company that also sells to higher education, business, and non-profit sectors can weather such changes and continue to generate revenue from other sources.
Another advantage of investing in companies that sell in multiple sectors is the opportunity for growth and expansion. By tapping into a variety of markets and industries, a company can access new customers, resources, and expertise that can help it to grow and evolve. This can be especially beneficial for investors, as it can help to drive long-term value and stability for the company.
In addition to stability and growth, companies that sell in multiple sectors can also benefit from increased credibility and expertise. By demonstrating their ability to serve a variety of markets and industries, these companies can establish themselves as leaders in their field and build a strong reputation for versatility and adaptability. This can make them more attractive to potential clients and partners, and can also help to differentiate them from their competitors. In fact, Apple, Microsoft and Alphabet (the three largest public SaaS companies) all sell into multiple sectors [1].
Overall, investing in companies that sell in multiple sectors can be a smart move for a number of reasons. From increased stability and growth opportunities to increased credibility and expertise, these organizations offer a number of advantages that can be attractive to both employees and investors.
Meet Amesite
Since inception, Amesite Inc. (Nasdaq: AMST) has sold into five key sectors – business, higher education, K-12, museums and government. Amesite has a proven track record of launching successful programs in a timely manner and our programs have an impressive 98% retention rate across sectors. Watch our most recent shareholder update for more details.
Learn more about Amesite from our recent features in Benzinga, Small Caps Daily and USA Today. You can watch Amesite’s CEO talk about growth potential on CNBC, Yahoo! Finance and Mornings with Maria.
[1] https://eqvista.com/top-public-saas-companies-by-market-cap/