The growth rate is truly mind-blowing. The smart phone is changing the way in which customers interact with businesses, in the way that they obtain information from friends via texting, social media, in the way they buy things and generally behave especially in retail. The whole phenomenon of “show-rooming” where a person goes into a store to examine a product before purchasing it online is having a huge impact on the retail trade.
For every business, addressing the needs of the mobile customer is not a nice to have, it’s an absolute essential. Who is the mobile customer and how can companies better serve them?
- According to Cisco, by the end of 2013 there will be more mobile devices on the planet than people.
- According to the IDC Worldwide New Media Market Model Forecast, by 2015 there will be more people accessing the web using a mobile device than a wireless computer.
- RealBusiness says that there are an estimated 24 million smartphone users in the UK alone, which is nearly 38% of its population, and this number is projected to rise steadily until 2016.
- In February 2013 alone there were more than 275 million app downloads in the UK.
Check out this data:
How do small business owners feel about the economy?
Almost 70 percent of small business owners say their local economy is doing better now compared to just one year ago. Here are a few valuable takeaways to keep you “in the know”:
- 67 percent of owners surveyed predict their overall business profits to increase.
- 65 percent assessed their current experience as “easy” when it comes to retaining current employees.
- 43 percent of owners indicated their intention to increase full-time hiring in the next year.
- The No. 1 hiring challenge for small businesses is finding candidates with the necessary level of industry experience.
This is our hot new startup for Monday.
Exploding Startup Solves the Dreaded College Move
Campus Bellhops Saves Time, Hassle and Backaches
Chattanooga, TN – (June 10th, 2013) – Parents across the US are preparing for a task that 40% compare to a root canal or waiting in line at the DMV: collegiate moving. With 14 million students attending college in the US, each moving a average of 3.5 times during their collegiate tenure, many disgruntled parents will be bribed into coming to town to help with the process. Serving 49 college cities and counting, Campus Bellhops is the answer. (https://campusbellhops.com/#campuses).
Business Models for Startups
The startup’s business model has become more important than the business plan over the past decade or so. Before 2000 no one talked about business models. Everyone wanted to see your business plan instead. Now the situation is reversed. Unfortunately many people have a problem grasping how to design a business model since it’s such a abstract concept–or appears to be so for first-timers.
Watch this short video for an explanation on how to visualize the business model for your startup.