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More than 50% of Small Businesses Spend 5 or Less Hours on Marketing: Survey

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According to the Survey conducted by Outbound Engine, it has been revealed that 58% of small businesses don’t give the necessary time to marketing. The report titled, “Stress, Time & Growth: Factors Affecting Small Business Marketing in 2019”, the emphasis is laid on the complexity in today’s small ecosystem. And analyzing the marketing strategies of small businesses, the report points out that stress is the major factor which affects the amount of time small businesses spend on marketing its products or services.

Mark Pickren, the CEO of Outbound Engine, said that the marketing plays a vital role in boosting the growth of any business and it requires a lot of efforts to successfully promote products as well as services. However, Small Business Marketing Trends highlight that the lack of necessary knowledge and the budget to capitalize on marketing options are the two important factors which could be attributed to increasing the complexity in the small businesses environment. This, in turn, leads to an increase in stress in the ecosystem of small businesses.

The survey emphasizes that the lack of knowledge, finance, and talent are the major factors which have led to increasing the complexity of doing marketing in the small business environment. 28.5% of the small businessmen don’t have enough money, 22.39% don’t have sufficient time, and 14.25% attribute the inability to find the best marketing tactics as the reason for poor marketing of their business. Other than this, 11.96% don’t have the skilled staff and 2.80% are not aware of the customer base they need to target for the promotion of their products.

And major fact trending in the report shows that 54.45% spend only 5% or less of their revenue on marketing. Only 4.33% invest greater than 20% of their revenue on marketing. The more the spending on marketing, the more is the growth of small businesses, the survey results hinted.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Fitness Dating Brand, FITFCK, Expand Into Influencer Management

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Fitness dating brand, FITFCK, recently announced the launch of their management company “FITFCK MGMT”. The company, which recently announced the launch of its £5m A Round investment raise is looking to expand on their brand growth by offering content creators of all niches and brands a full 360 lifestyle management service.

Rebranded in March 2022, the recently featured BBC News company has emerged as the leading brand for gym goers that are looking to make new connections – whether through IRL fitness dating events or online dating experiences. To accompany its strong digital product suite, FITFCK is now developing a series of consumer products to further enhance their brand power, with the most recent being a holistic management company for content creators and brands.

FITFCK Founder and UK Government Enterprise Advisor, Jamie says: “Having worked closely with content creators for the last eighteen months since our relaunch, this addition made nothing but complete sense to me. As a management service, you should be looking at improving all angles of your clients life – not just quick brand deals for a few quid. We are looking to offer a 360 lifestyle approach where we assist our clients with everything from their income, branding, business advisory, PR, legalities and more – all under the FITFCK brand umbrella.”

To continue its ruthless chase of becoming the largest omni-channel community for dating, relationships, casual meets and friendships, FITFCK will be looking to embed the management service into members of their ever growing community which already includes a number of high profile content creators.

The first creator to be signed under the label is Santino Valentino, a fitness content creator boasting over 70,000 followers across platforms. Valentino states; “I have known Jamie for a few months now and have felt nothing but constant support from himself and the rest of the FITFCK team. Having seen where they have taken the brand in such a short space of time, I am hoping they can do the same for me. I am really looking forward to seeing where we can take this whilst learning under Jamie and Callum simultaneously”

FITFCK MGMT athlete manager Callum Roberts added: “At the core of every FITFCK movement is the care we have for our community. This ethos is something that we will be looking to reflect in the management company. Hyper-focused care for our clients where they know they feel valued and at ease with us. We are not looking to just improve our client’s income, we are looking to improve their lifestyle”

If you are looking to work with FITFCK MGMT, you can contact the team at support@fitfck.co.uk for more information.

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