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#secondstreetlab
#secondstreetlab
SMBS JUST MADE EMAIL YOUR NO.1 PRIORITY
#secondstreetlab
Matt CoenPresident & Co-FounderSecond Street@mcoen
Gordon BorrellCEOBorrell Associates@goborrell
#secondstreetlab © Borrell Inc., 2016. All
rights reserved
SMB Survey Details
Survey launched mid-April; continues to June 30Solicited via media companiesToday’s snapshot is from 1,702 responses83% of respondents in business 6+ years54% have single location; 31% multiple
To Join the Survey:
www.borrellassociates.com/surveys
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
Highlights
What’s Going Up
* Cinema sample size is small and thus has a higher variance possibility
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
Source: Borrell SMB Survey, Q2 2016; Preliminary results N = 1,702
HighlightsThis Explains Their Digital Focus
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
Highlights
SMBs Are Pestered They get 21.6 “sales attempts” per month
On average, they speak to 5.6 reps per month
Their preferred contact method is ??? (81%)
Their preferred buying method is ??? (57%)
Their preferred digital channel is ??? (56%)
74% want to see the results of our SMB survey
Source: Borrell SMB Survey, preliminary results from Q2 2016; N = 1,702
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
SAMPLE COMMENTS
“Cut the costs. Most are drowning.”
“Become knowledgeable about new and emerging advertising channels and services.”
“Learn about (my) business before reaching out to me.”
“If radio and TV ads were more affordable, small companies could use them.”
Source: Borrell SMB Survey, Q2 2016; N = 500 comments
Highlights
What SMBs Want From Media
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
Source: Borrell SMB Survey, preliminary results from Q2 2016; N = 1,702
How Do You Prefer to be ContactedAbout Advertising/Marketing Programs?
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
Source: Borrell SMB Survey, preliminary results from Q2 2016; N = 1,702
How Do You Prefer to Buy Advertising?
#secondstreetlab
Source: Borrell Q1 2015 SMB Survey; N = 2,990
© Borrell Inc., 2016. All rights reserved
Source: Borrell SMB Survey, preliminary results from Q2 2016; N = 1,702
What Online Marketing MethodsDo You Plan to Use in 2016?
#secondstreetlab
Source: Dun & Bradstreet, 2016
© Borrell Inc., 2016. All rights reserved
Consider Setting These GoalsEmail addresses for 80% of local residentsEmail addresses for 100% of advertising customersEmail addresses for 30% of all local businesses
Raleigh: 89,691Abilene: 23,850Butte: 17,477
Sacramento: 266,813Syracuse: 53,001Salisbury, Md.: 31,342
How many businesses are there?
#secondstreetlab
Matt CoenPresident & Co-FounderSecond Street@mcoen
Gordon BorrellCEOBorrell Associates@goborrell
Questions?
#secondstreetlab