Small Business Labs

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News and Information a Barbell Industry

Small Business Labs

I was looking through the State of the News Media annual report and ran across this interesting bit of data: " 80% of the traffic to news and information sites is concentrated at the top 7% of sites. " There are, of course, millions of small news and information sites (including this one) that share the other 20%. 

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Expert Network Industry Big and Getting Bigger

Small Business Labs

Our clients leverage the insights and perspectives shared by our Advisors to stay informed and make better business decisions. The industry is also growing rapidly, with industry revenues expected to exceed $1 billion by 2022.    This doesn't come cheap. million people working as experts for these firms.

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The Staffing Industry Analysts on the Gig Economy and Cloud Labor

Small Business Labs

The Staffing Industry Analysts (SIA) recently released their U.S. But they do provide a lot of useful research summaries and information for free on their Staffing Stream blog. Gig Economy - 2018 Edition report. They found that about 48 million Americans are in the gig economy, which is 31% of the workforce. They also found about 13.7

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Google and Facebook's Domination of the Advertising Industry

Small Business Labs

The chart is from an article from The Information. This is a paid subscription site ($399 annually) that covers the technology industry. Well worth subscribing to if you have a strong interest in the tech industry. .  But it's clear traditional media companies are losing share in advertising at an amazingly fast clip.

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Media a Barbell Industry

Small Business Labs

Paid Content has an interesting article on media becoming a barbell industry. We've looked at dozens of industries and all have this structure or are moving to it.   The Paid Content article points out that large media firms like New York Times and the Wall Street Journal are going to survive and even thrive.

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Meetings a Huge Industry

Small Business Labs

Based on these numbers, the meetings industry contribution to U.S. GDP is greater than the motion picture/recording industry ($113B), performing arts/spectator sports/museums ($87B) and information and data processing services ($80B). . $28B  in federal, state and local tax revenue. 66.8B  in U.S.

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Street Fight - Great Hyperlocal Information Source

Small Business Labs

.  It covers the local and hyperlocal  content and commerce industries.  Because they cull and report local information from a variety of sources, I don't have to spend a lot of time looking for this information. . I follow their website and subscribe to their free daily newsletter.    

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