Small Business Labs

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Forerunner Ventures on Solopreneur Commerce

Small Business Labs

." Their essay The next revolution in commerce will be driven by the seller goes deeper into this thesis: If commerce is a transaction between buyer and seller, the face of the seller is evolving with new tools for discovery and purchase that allow for a personal relationship between creator and customer.

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Retail and the Growing Experience Economy

Small Business Labs

The New York Times article Stores Suffer From a Shift of Behavior in Buyers  covers the growing consumer trend towards purchasing experiences over objects. But the rise of social media has led to people wanting experiences they can post about on Facebook, Instagram, Twitter and elsewhere.

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Using Twitter's Promoted Tweets

Small Business Labs

They are described by  Twitter  as "ordinary Tweets purchased by advertisers who want to reach a wider group of users or to spark engagement from their existing followers." As always, we recommend small businesses experiement with a variety of social media platforms.  Here are our reactions: 1.

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Showrooming is Just Beginning

Small Business Labs

The growth of the Internet, online reviews, social media and smartphones is rapidly increasing the transparency of business in general and retail transactions in particular. Meanwhile, the analyst firm Forrester thinks the showrooming problem is way overstated. and service.

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Top Ten Small Business Trends for 2012

Small Business Labs

  In particular, the small business use of software and systems that combines and analyzes data from websites, customer purchases, marketing campaigns and social media activity will grow and greatly improve small business efficiency.    Economic Trends.   Obviously this is not a new trend. 

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Accenture on Social Commerce

Small Business Labs

Accenture, a global consulting and services firm, predicts that social commerce will grow to $1.2 Accenture defines social commerce as: "The integration of social experiences and ecommerce transactions in a single path to purchase, enabled by platforms." trillion in global revenue by 2025.

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InboxQ's Excellent Twitter Q&A User Survey

Small Business Labs

.  The key quote from the article: "58 percent of Twitter users said they’re likely to follow businesses that answer their questions on Twitter, and 64 percent said they’d be more likely to make a purchase from a company from which they’ve received an answer to a tweeted query."

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