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Enterprise -- In Box
BLOWING YOUR HORN ON A BUDGET
The smallest businesses seldom have money to advertise, so it's no surprise they depend on a freebie. A survey from New England Business Service Inc. shows word of mouth is the No.1 advertising method for companies with fewer than 20 employees. Other types of promotion include business cards, the Web, and trade shows, each cited by 5% of respondents. A small minority (14%) spend nothing at all, while median ad expenditure among the rest is $1,400 annually. For retailers, it's $2,500.EDITED BY EDITH UPDIKEReturn to top
TABLE
Shout It Out
How small businesses advertise
WORD OF MOUTH 38%
YELLOW PAGES 21
LOCAL NEWSPAPER 18
FLYERS, NEWSLETTERS, BROCHURES 14
PERSONAL CONTACTS, TELEPHONE 12
BROADCAST (TV, RADIO) 7
MAGAZINES 6
DATA: NEW ENGLAND BUSINESS SERVICE INC.
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