Why We Need a Social Platform?
Quick Glance of Small Businesses in the U.S. By the Numbers
US Small Businesses
- American business overwhelmingly consists of Small Businesses, according to the SBA , there are 30.2 million Small Businesses, 99.9% of the United States Businesses in 2015.
- The United States Small Business Administration defines a small business that has fewer than 500 employees.
%
The Percentage of US Small Businesses
US Small Businesses By Employment
- U.S. small businesses employed 58.9 million people, or 47.5% of pthe private workforce in 2015
- 78.5 Percent of small businesses are operated without any employees.
- The media income for individuals self-employed at their own incorporated busineses was $50,347 in 2016, which was lower than the median household income ($59,039). For individuals self-employed at their own businesse, this figure was $23,060.
Millions of jobs by US Small Businesses (2015)
%
Small businesses without any employees
Search-Driven Economy by the Numbers
%
of online experience begins with an online search and keywords
%
businesses have no online presence or marketing context for search engines
%
of websites do not invest in content marketing to generate online leads
%
of location-based mobile searches result in offline purchases
Empowering Small Businesses with Online Search Presence
US Small Business GDP share
- Small and medium-sized enterprises represent over 90 percent of the worldwide business population, 60~70% of employment and 55% of GDP in developed economies, according to the World Trade Organization.
- In the United States, the small business created $5.9 Trillion, 43.5% of the $13.6 Trillion, according to the Small Business report published by US SBA in December 2018.
- According to the report, small business GDP share has gradually declined from 48% in 1998 (adjusted from the previously published figure of 50.5% in 1998) to 43.5% in 2014. The wholesale and retail sector has declined more from 52.9% in 1998 to 42.1% in 2014.
- The declining small business GDP share is attributable to the markedly faster growth of large businesses with big budgets, according to the report.
- Large business GDP grew 9.2%, almost double the small business growth rate, while small business GDP grew 4.8%.
- In the New Digital Economy driven by innovation and technologies, the digital gap to adapt for the speed of digital transformation significantly impacts small businesses, influences people's shopping experience, and escalates the importance of online search, digital marketing and digital business strategies, as seen in the rapid growth and influence of Google and Amazon.
- Biggest trends affecting local businesses are mobile search, local search, online leads and ratings and reviews of micro-influencers.
- Small businesses must adapt to this digitalization trend and find their niche to survive or to sustain their businesses.
Web Presence & Brand Images
%
do not recommend a business with a Poorly designed & outdated website of the company
%
of the judgements on a company's credibility are made on the company's website
GDP share of Small business continues to decline over time.
Mission Statement
We introduce this as a wiki-social™ project, a collaborative digital community platform to support small businesses, freelancers and nonprofits.
The wiki-social means a knowledge base social learning website for members, on which each member collaboratively add, modify the content for other members, work together and smarter, help each other, and create or increase social values.
We all may have heard that small businesses are the backbone of the United States economy, the biggest employers, and job creators.
However, many small businesses are experiencing declining sales or closing their businesses.
They cite the strong force from digital marketing and e-commerce, such as Amazon, as the top causes of their declining businesses.
90% of them in the survey of 850 small businesses cite that Amazon is having a negative impact on their revenue and 81 percent said on-line leads or online sales are becoming very important to their business success.
As an indicator of the decline of local small businesses, the share of GDP contribution of small businesses has been slowly and steadily declining.
The latest technology and digitalization, such as mobile traffics, local searches, and organic searches, set the most significant trends affecting local businesses.
Unfortunately, many small businesses do not have the expertise to utilize those technologies and cannot afford to hire IT experts or digital marketing professionals to benefit from these trends.
Most of them do not have digital business experience to bring the lead or develop digital marketing strategies to utilize their location-based niche or advantages to compete against the online giant.
78% of small businesses are operating without any employees, and 98% of small businesses have fewer than 20 employees.
We create this as a social platform, to help small businesses for digital transformation to get found from global search engines, and build their local business base with the support of other community members, local fans and friends.
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