Small Biz In A Digital Age
Monday, October 27, 2014
The world of business is moving faster -- hyper fast. Small businesses face the challenge of trying to keep up and innovate their business to create an advantage.
Starting this week, GoLocal will offer, "Small Biz In A Digital Age" -- information to make your business go faster and smarter. This series is sponsored by Blue Cross Blue Shield of Rhode Island - but know they have no editorial review or control. The goal is to help small businesses compete and grow in a period of tremendous change.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTFocus on Mobile
The discussions of mobile devices are too often under appreciated in most small businesses. How big is mobile? How fast is mobile growing?
"We expect global mobile transaction volume and value to average 35 percent annual growth between 2012 and 2017, and we are forecasting a market worth $721 billion with more than 450 million users by 2017," said Sandy Shen, research director at Gartner.
Basic Function is Critical
For businesses looking to let customers know where their store is located or list the hours - a mobile platform is critical. Where do consumers search for the basic? It is most often via their smartphone.
According to Goldman Sachs research, digital commerce adoption and expansion is anticipated to further accelerate, with annual growth reaching nearly 17 percent within the next three years.
Small businesses need to have a mobile version of their websites and if they want to capture customer's attention and economic transactions. Small businesses need to understand that mobile devices are in the hands of 70% of the US adults and this is only growing.
Related Articles
- The Rhode Island Black Business Association Launches New Website
- Federal Hill Business Leaders Pledge to “Take Back” Their Community
- RI Small Business Owners Learning New Emergency Leave Program
- Second Quarter Data for RI New Business Creation Shows Increase
- Smart Benefits: IRS Issues Final Regulation on Small Business Tax Credit
- Rhode Island Business Rankings
- Over 70 RI Businesses Celebrated at 20th Annual Worksite Health Awards
- Barrington Businessman Indicted for Defrauding 9 Local Businesses
- RI Ranked Last in U.S. for Business Climate by CNBC
- Providence Still Failing, Ranked 2nd Worst City in the Country for Small Business
- Fung Releases New “Open for Business” Ad
- The Scoop: McKee Unveils Business Initiatives, Cianci to Announce Waterfront Plan, and More
- RI Business Plan Competition 2015 to Launch October
- Better Business Bureau Gives Uber Failing Grade
- Six RI Businesses Receive $269,963 in State Grants
- Business Innovation Factory BIF10 Summit Draws Packed Crowd at Trinity Rep
- BENRUS CEO Feroce Delivers “How to Achieve Exponential Growth” Speech at Business Expo
- Fung Proposes Reform of Business Regulation for Rapid Service
- Fung Shot “RI Open for Business” Ad in Ohio
- Rhode Island Black Business Association Announces 2014 Business Awards Winners
- RI Universities Seek Greater Collaboration to Launch More Businesses
- Herb Weiss: Mistaken Identity Can Be Hazardous to Your Business
