Middle America Market Overlooked
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Shaan Puri shares insights about targeting demographics on Facebook, particularly highlighting how Silicon Valley companies often miss opportunities by focusing too narrowly on coastal millennials instead of the more profitable middle America market.
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Most Profitable Facebook Marketing Demographics:
- White women in middle America (35-65 years old)
- Specifically mentions Texas as an example market
- Describes this demographic as "gold" for Facebook advertising
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Silicon Valley's Common Mistake:
- Over-focus on LA, New York, and San Francisco markets
- Target single millennials in coastal cities
- These customers are:
- More expensive to acquire
- Have quickly changing lifestyles
- Highly competitive market for attention
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Better Business Strategy:
- Don't limit scope to your personal lifestyle
- Look beyond "25-year-old dude in San Francisco" mentality
- Consider unconventional demographics:
- Middle America demographics
- Different age groups
- Various lifestyle segments
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Key Business Insight:
- The issue isn't that one market is definitively better
- Rather, don't artificially limit yourself to familiar demographics
- Look for underserved markets that others might be ignoring
- Consider markets that might be less competitive and more profitable
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Real World Example:
- Shaan's own business targets slightly younger than the 35-65 demographic
- But still focuses on middle America market
- Found success by avoiding oversaturated coastal markets
50:42 - 51:57
Full video: 01:30:33SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.