Local businesses are seeing more competition for customers, clients, and patients than ever before. A recent Small Business Administration study reports that local businesses are seeing the largest increase in years.
Since 1990, large corporations have eliminated 4 million jobs and local businesses have added 8 million new jobs.
The number of local businesses has increased 49% since 1982… that is nearly 12 million new businesses that are all competing for customers.
But it Gets Worse!
Recent statistics show that even after coming out of the hard economic times of the past several years, many local businesses are struggling to survive and many will go out of business in the next 3-5 years.
To make matters worse, recent statistics show that most local businesses are relying on traditional methods of getting clients and those methods have stopped working…
Good News: There Are Still Plenty of Customers Out There!
It’s true! The good news is that it is very likely that you will be able to implement these strategies without having to spend anymore than you already are on advertising. Contact us for more information: Judy@MarketingMagicMojo.com.
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