The story of Black business ownership in 2020 is a dynamic mix of explosive growth and an acknowledgement of lingering societal roadblocks to success. Black-owned firms grew 34% from 2007-2012, totaling 2.6 million companies, and minority small businesses in general increased 79% by 2017. The top 100 Black-owned companies generated $30 billion in 2018, and…
All Statistics Articles
13 Eye-Opening YouTube Stats: What YouTubers Need to Know in 2020
It may not surprise you that YouTube is the king of video on the internet. What you may not realize, though, is the sheer scope of YouTube’s influence today. The YouTube stats below offer a compelling picture of why so many people, often called YouTubers, are drawn to post videos on the platform. It’s simply…
16 Game-changing CRM Statistics for 2020
Software products have upped the ante for businesses of all sizes, and CRM is leading the pack of the biggest software markets in the world. It’s getting to the point where if you don’t have a CRM, you’re falling behind. Whether you’re leading a sales team or the whole company, you need to understand the…
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10 Eye-opening Crowdfunding Statistics 2020
Crowdfunding is a popular method of raising funds for startup business expenses, charities, and personal causes. While funding isn’t guaranteed, crowdfunding statistics show us that a strong pitch and continued communications throughout your campaign can increase your chances of success. The ten most eye-opening crowdfunding statistics are:
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Best States for Female Entrepreneurs 2020—Definitive Ranking of All 50 States
There is no more exciting time for the female entrepreneur than the present. According to a 2019 American Express report, the number of women-owned businesses has increased 21% within the past five years, compared to only 9% of all businesses—and with double the annual growth rate! As the start-up landscape braces for an unprecedented era…
11 Content Marketing Statistics to Help You Crush Your 2020 Goals
Content marketing is hot—red hot, in fact. Videos, blogs, emails, podcasts, and viral-worthy images are among the most popular content tactics for boosting search rankings and skyrocketing sales. We’ve compiled a list of 11 eye-opening content marketing statistics that will help you bring your A-game to all your content marketing initiatives in 2020.
11 Important Lead Generation Metrics for Sales Professionals
Lead generation metrics are how you measure the effectiveness of your strategies of collecting and qualifying prospective customers such as the number of leads converted into customers. It’s critical to measure your lead generation efforts with metrics so your business can track results, fine-tune your prospecting strategy, and ultimately, increase revenue. Here are 11 tips…
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21 Mortgage Statistics You Might Not Know
Mortgage statistics can help real estate investors and homebuyers who are looking to borrow money to buy a house or rental property research and find the best rates and terms. Having data on mortgage trends can also help to determine the best time to buy an investment property and evaluate a property’s positive cash flow….
Black Friday & Cyber Monday Broke Records. Here’s What It Means for Your Business
Black Friday and Cyber Monday reach record numbers yet again. This year, U.S. retailers brought in $7.2 billion in online sales during Black Friday and are projected to make $8 billion in online sales throughout Cyber Monday. One of the biggest surprises came as Thanksgiving Day online sales increased by 24%. Although digital sales are…
20 Shopping Cart Abandonment Statistics You Should Know
According to Baymard Institute, approximately 69.57% of online shopping carts are abandoned before the purchase stage due to customers just wanting to browse, prices being too expensive, and requirements to create an account. We’ve gathered other shopping cart abandonment statistics to help you better understand your online customers’ turn-offs and increase sales. Here are 20…
27 Microfinance Statistics You Need to Know
Microfinancing is used to stimulate economic growth by providing small loans to those who are underserved by conventional lending. This type of financing is used worldwide, with loans smaller than $100 offered in some underdeveloped countries. Readers can use the following statistics to learn more about how microfinancing works and the populations it serves. The…
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20 Influencer Marketing Statistics You Should Know
In 2018, companies reported an average return of $5.20 for every dollar spent on influencer marketing. Today, businesses continue to invest more money into social media influencer marketing to increase sales. Staying abreast of influencer marketing statistics can help companies boost engagement and reach, especially stats on industry growth, strategy, and trends. Here are 20…
