Retail sales in July remained unchanged from June with more being spent on clothing and groceries, and less at auto dealerships and department stores. Consumer spending accounts for more than two-thirds of output in the U.S. economy. The labor market upswing has not delivered strong wages or spending growth as would be expected.
Did you know that that a Facebook post with more than 80 words garners twice as much engagement as shorter posts? Or that that a post with an image gets 37 percent more engagement than a post with only words? Check out this infographic from TrackMaven and craft the perfect message the next time you post to Facebook for your small business.
Entrepreneurs tend to have strong feelings about social media marketing. Some believe it to be a fad, or a temporary interest. Some find the learning curve off-putting, and fail to see the advantages it offers.
The National Federation of Independent Business (NFIB) survey in July showed the confidence of small business owners with regard to Q3. The survey followed the unexpected growth of the U.S. economy in Q2. There was a 0.7 point jump to 95.7 - the second highest reading of 2014 - in business optimism.
An active social media community can be an invaluable tool for small businesses. With an active community you can effectively reach your customers and get them to become brand ambassadors. To build an active community, Blogaholic recommends asking yourself these questions and following the tips below: