The United States Bureau of Labor Statistics (BLS) publishes an annual compilation of workplace injury statistics that policymakers use to improve working conditions and address safety concerns across the country. While not every injury recorded by the BLS is covered by workers’ comp, business owners can draw on the information to identify and mitigate risks…
19 Advertising Statistics Savvy Small Business Owners Know
In advertising, one small detail can make a big difference in the success of your campaigns and your ability to leverage a marketing budget. You don’t risk damaging your brand or waste ad spend by learning through trial and error. To help, we’ve found the most vital advertising statistics to help small businesses avoid the…
7 Ways COVID-19 Has Changed the B2B Sales Industry
It’s no secret that COVID-19 has changed the way we do business worldwide, and the B2B sales industry is certainly no exception. Sales leaders have been forced to change the way they sell their products and services by going virtual internally with team members and with customers and prospects. Furthermore, it looks like the new…
Best & Worst Time to Buy a House: Month-by-Month Analysis
The beginning of the year is typically the best time to buy a home. However, there are several factors that play into the economics of homebuying. The biggest are available interest rates, which affect buying power and the number of homes listed for sale in an area, also known as inventory. In addition, the state…
Insurance Industry Bracing for Historic Change in 2021
Insurance is saddled with an unfair reputation of being stodgy and unchanging, but the truth is that the events of one year often impact how the industry works in the future. Business owners who identify the circumstances of 2020 that might influence their coverage can better prepare for 2021 and beyond. Insurers Predict $107 Billion…
15 Small Website Mistakes That Cost You a Lot of Money
Online business is booming—nearly 30% more people are shopping online this year compared to last. As more consumers look to the computer instead of the shops to buy what they want, more organizations are shifting their focus to selling online. Unfortunately, while there are tons of great tools to create a professional small business website,…
25 Shopping Cart Abandonment Statistics
Approximately 69.57% of online shopping carts are abandoned before the purchase stage due to casual browsing, expensive prices, and account creation requirements. We’ve gathered a list of shopping cart abandonment statistics to help you better understand your online customers’ turn-offs and to increase sales. Below are 25 shopping cart abandonment statistics you need to know,…
7 Eye-opening Credit Card Fraud Statistics
People might think using a personal or business credit card is safe, but credit card fraud is a major global and national problem. Although some people skate by without ever dealing with fraud, these seven alarming credit card fraud statistics goes to show how prevalent it is in our world. 1. Credit Card Fraud Losses…
31 Online Shopping Statistics You Should Know
Online shopping statistics show that while brick-and-mortar purchases still make up a majority of consumer spending, online shopping is steadily on the rise. Many legacy brick-and-mortar chains are struggling to stay open. Meanwhile, a crop of new small businesses, direct to consumer retailers, and ecommerce startups are gaining popularity with shoppers. We’ve gathered over 30…
Average Credit Card Debt Statistics In the US
The average American holds four credit cards, which isn’t surprising because credit cards are a handy way to finance purchases big and small—from groceries to big-ticket gadgets. However, far too often, Americans can’t afford their balances, miss payments, or get hit with interest charges. This results in these eight surprising average credit card debt statistics…
10 Sales Stats You Need to Know & Why They Matter
As any seasoned salesperson knows, the sales climate is always changing. There are tried-and-true techniques, but depending on the market, economy, and competition, you always have to adjust. We’ve compiled 10 relevant sales statistics along with key takeaways sales leaders can incorporate into their sales management strategies today. 1. If you have less than 50…
25 Real Estate Statistics You Should Know
Real estate statistics give buyers and agents data-based insight into the constantly shifting housing market. This can be helpful when setting buying expectations, finding the right property, and negotiating the right price for a home. For the most accurate look at the current real estate market, review our 25 statistics below. 1. 40.6% of…