WJR Business Beat
641 episodes - English - Latest episode: 9 days ago - ★★★★★ - 2 ratingsWJR Business Beat as heard on 760 WJR, hosted by Guy Gordon and StartupNation's founder and CEO, Jeff Sloan.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Start a YouTube Channel as a Business is Hot
April 14, 2023 07:00 - 2 minutes - 2.25 MBThinking about starting a new company or growing an existing one in the tech field, we've got research that indicates what type of tech businesses people are most interested in learning about.
The Olga Loizon Grant for Women
April 13, 2023 07:00 - 2 minutes - 1.88 MBOlga Loizon Memorial Foundation created by Olga's Kitchen will provide grants of up to $10,000 in honor of the brand's late founder and food pioneer.
M-Commerce Continues to Grow
April 12, 2023 07:00 - 2 minutes - 1.98 MBThe mobile phone is a primary gateway into the digital world and your business otherwise known as mCommerce.
Venture Capital Down Significantly
April 11, 2023 07:00 - 2 minutes - 2.05 MBThe results are out for how the US venture capital market fared in Quarter 1, 2023, and the news just isn't encouraging. For the fast growth startup community whose lifeblood depends on available venture capital funding, it's going to be harder to secure.
Main Street Small Business Study Indicates Concern
April 10, 2023 07:00 - 2 minutes - 2 MBMost small main street shops across the country have access to only enough cash reserves to stay open for two months or less if they're sales dry up.
What Women in the Workforce Really Want
April 07, 2023 07:00 - 2 minutes - 1.85 MBOf the 800 women executives surveyed by Chief as reported on CNBC it comes down to two things: pay and promotion.
Video Marketing Gains Popularity
April 06, 2023 07:00 - 1 minute - 1.8 MBVideo marketing continues to grow in popularity as a tool to drive much needed leads in sales to small businesses.
Fed Reports New Job Openings Begin to Cool
April 05, 2023 07:00 - 2 minutes - 1.95 MBThe Fed's efforts to slow the labor markets may be working as job openings fell below 10 million in February for the first time in nearly two years.
Website Optimization Key to Online Sales
April 04, 2023 07:00 - 2 minutes - 2.05 MBConsumer satisfaction for experiences on company websites is at an all-time low, and those consumers are making it clear they'll go elsewhere if expectations aren't met.
Quick Quitting is New Labor Market Phenomenon
April 03, 2023 07:00 - 2 minutes - 1.99 MBQuick quitting has become more common due to employees feeling empowered to ask for sufficient pay benefits and flexibility in the wake of the great resignation.
Growing Concerns Among Small Business Owners
March 31, 2023 07:00 - 1 minute - 1.47 MBNew data from the Small Business Index from MetLife and the US Chamber of Commerce makes clear that just one in five business owners today feels good about the health of the economy, and that's down from last quarter.
Most Effective Small Business Marketing Strategies
March 30, 2023 07:00 - 2 minutes - 2.23 MBEmail is number one when it comes to small business marketing. Small businesses place email on their top three channels that deliver the most ROI.
Use a Loyalty Based App to Create You Own Big Win
March 29, 2023 07:00 - 2 minutes - 1.87 MBWhat's driving consumer engagement these days? Well, one thing for sure is the use of mobile apps.
The Power of Consumer Reviews to Drive Purchases
March 23, 2023 07:00 - 2 minutes - 2.03 MBWe've got news about the most powerful factor you can include on your e-commerce site that's gonna help you drive those conversions from site visitor to purchase.
Email Marketing Benchmarks
March 22, 2023 07:00 - 2 minutes - 1.98 MBEmail marketing is one of the most powerful ways to market your small business. You must establish some key performance metrics to track your goals and expectations on how you feel the campaign should perform.
Entrepreneurs Find Opportunities in the Pet Market
March 21, 2023 07:00 - 1 minute - 1.63 MBEstimated at $179 billion a year, and projected to hit $255 billion a year by 2027. 45% of American pet owners spend the same amount of money or more on their pets healthcare as they do on their own.
New Micro Loan Program Announced
March 20, 2023 07:00 - 2 minutes - 1.86 MBA new 10 million business micro loan program has just been launched, intended to provide capital to women, veterans, and entrepreneurs of color in Michigan.
New Coalition Announced to Support Small Business
March 10, 2023 07:00 - 2 minutes - 2.21 MBThe New Economy Initiative in the Michigan Municipal League announced the formation of an initiative for Southeast Michigan that works to build a regional network of support for entrepreneurs and small businesses.
Black Women are Fastest Growing Demographic of Entrepreneurs
March 09, 2023 07:00 - 1 minute - 1.82 MBWomen of color are starting businesses currently at four and a half times the rate of the overall population. As the fastest growing group of entrepreneurs, black women are increasingly leaving corporate roles to launch companies of their own.
Get a Side Hustle to Combat Inflation
March 08, 2023 07:00 - 2 minutes - 2.23 MBStarting a business can be complex, but starting a business can be as simple as identifying a skill or service that you excel at and selling it on a freelancer exchange like Fiverr, for example.
Business Sectors Publishing Most on Social Media
March 06, 2023 07:00 - 2 minutes - 1.85 MBTop four most active business verticals on social media today. Data comes from posts made on FB, Google My Business, IG, LinkedIn Company pages, Pinterest, TripAdvisor, & Twitter.
Applications Open for New TechTown Detroit Program
March 03, 2023 07:00 - 1 minute - 1.81 MBBecome educated and prepared to launch and grow a new business in the TechTown Detroit Start Studio Discovery Program. Applications now open for their 2023 cohort through March 10th.
Changing Consumer Behavior When Purchasing From Restaurants
March 02, 2023 07:00 - 2 minutes - 2.13 MBIf you own a restaurant and want to drive more sales, take notice of these motivating factors that will lead consumers to do just that.
Consumers Focused on Essential Purchases Today
March 01, 2023 07:00 - 2 minutes - 2.25 MBAs widespread layoffs and economic uncertainty continue expect consumers to stay focused on purchases in categories like clothing, housewares, and other living essentials.
Etsy's Growth Makes it Exciting Platform for Entrepreneurs
February 28, 2023 07:00 - 2 minutes - 1.95 MBEtsy provides entrepreneurs w/ a place to sell their unique wares, and as their audience and revenues grow, so does opportunity for entrepreneurs wanting to either create a new business or grow their existing one by selling on one of these platforms.
Motorcity Match Program Announce Grant Winners
February 16, 2023 07:00 - 2 minutes - 2.3 MBJeff announces the Motorcity Match grant winners for Detroit.
Focus Your Marketing on Engaging Loyal Customers
February 15, 2023 07:00 - 2 minutes - 2.01 MBThere's a cost to attracting new customers as well as a cost to keep. When budgets are tight, it makes a lot more sense to spend dollars targeted at your existing customers because they cost a lot less to drive revenues from.
Valentine's Day Retail Spend Projection 2023
February 14, 2023 07:00 - 2 minutes - 2.01 MBAccording to the National Retail Federation, US consumers are expected to spend $25.9 billion on this Valentine's Day.
Yelp 2022 Reporting Advertising Sales Up
February 13, 2023 07:00 - 1 minute - 1.66 MBEven in these challenging times, companies are hanging tough and staying aggressive.
Most Popular Social Media Apps for 2023
February 10, 2023 07:00 - 2 minutes - 2.03 MBWe all know how critically important marketing on social media platforms has become for small businesses. So which social media platforms are going to get the most attention from marketers in 2023?
State Economy Projected Better Than National Economy
February 09, 2023 07:00 - 2 minutes - 1.9 MBDetroit Economic Outlook study for 2022 indicates that our local economy is likely to fare better than the broader national economy. And Detroit is expected to see employment levels well above their pre pandemic levels by 2020.
Pursue Government Contracts As a Way to Drive Revenue
February 08, 2023 07:00 - 2 minutes - 1.89 MBLooking to start a new business or trying to figure out ways to bring in more revenue for your existing business. Consider government contracts, where you provide goods or services to the federal government, and in exchange you get payment.
Survey Shows Americans Focused on Paying Off Debt
February 07, 2023 07:00 - 2 minutes - 2.08 MB"State of Savings Report" by Plunket, a savings platform, 42% of Americans are prioritizing paying off debt due to rising interest rates and record inflation. High interest rates on debts such as credit cards can quickly drain consumers' budgets and make it difficult for them to save.
Omni Channel Approach Works Best for Grocery Sales
February 06, 2023 07:00 - 2 minutes - 2.37 MBJeff explains how businesses are leveraging digital to drive engagement in the post-pandemic grocery market.
Chat Bots Popular in Customer Service Today
February 03, 2023 07:00 - 2 minutes - 2.27 MBJeff explains how ChatBots are impacting customer service and business with Artificial Intelligence.
Increase Marketing Spend Now to Win Big Later
February 02, 2023 07:00 - 1 minute - 1.36 MBBeing aggressive in business when others are pulling back allows you to advertise at lower cost, capture market share, and get out in front of the competition.
Global E Commerce Sales Hit One Trillion for First Time Ever
February 01, 2023 07:00 - 2 minutes - 2.24 MBE-commerce spending in the US crossed the 1 trillion threshold for the first time ever. In the fourth quarter, eCommerce's 332 billion in sales, helped push the total to over 1 trillion for the year.
The Importance of Purchase Order Financing
January 30, 2023 07:00 - 2 minutes - 2.21 MBSmall manufacturers want to grow their business might explore how purchase order financing can be a means of funding orders so that you can fill 'em and profit from 'em when you'd otherwise perhaps turn that business away.
In Tough Times Consider Grants to Fund Your Business
January 27, 2023 07:00 - 2 minutes - 2.14 MBNeed funding for your business, finding it tough to find and secure? Look no further than grants as a possible option to get your business seated, launched, and off the ground.
Comerica Hatch Detroit Contest is Back
January 26, 2023 07:00 - 2 minutes - 1.95 MBThe Comerica Hatch Detroit Contest is an annual competition that focuses on high touch local businesses that have a direct impact on the community. It is a great way to support up and coming entrepreneurs and help them open their doors in Detroit, Hamtramck or Highland Park.
Reseller Fashion Market Grows Significantly
January 24, 2023 07:00 - 1 minute - 1.8 MBSectors performing better in these tough times is the apparel resale marketplace. With the uncertainty about where the economy is headed resale buying is projected to have a big year.
TikTok Has Positive Impact on ROI for Businesses
January 23, 2023 07:00 - 2 minutes - 1.89 MBMore than half of small businesses that use TikTok feel it has had a significant impact on their overall marketing. Performance and regularity in publishing content is key to achieving.
Melanie Radner, Franklin Cider Mill
January 21, 2023 13:00 - 38 minutes - 35.1 MBFranklin Cider Miller's third generation family member, Melanee Radner, and current CEO of the iconic business in Franklin, Michigan that continues to delight customers every fall tells the family story.
Empowering Black and Brown Women Entrepreneurs: Celebrating the Success of the Black Girl Ventures Foundation Pitch Competition
January 20, 2023 07:00 - 2 minutes - 2.14 MBCelebrating the success of the Black Girl Ventures Foundation Pitch Competition three winners, all three entities that demonstrate the passion and the power of entrepreneurship, whether for-profit or not-for-profit, and how that can lead to very positive things.
Slump in RV Sales, Indicator of Economic Challenges Ahead
January 19, 2023 07:00 - 2 minutes - 1.96 MBJust like the lipstick Economic Barometer, sometimes you can look to simple consumer purchasing patterns as a good way to gauge consumer sentiment and confidence, or the lack thereof.
Small Businesses Facing Tighter Margins as Inflation Cools
January 18, 2023 07:00 - 2 minutes - 1.94 MBThe difference between survival & failure is to develop a plan. How are you going to sell more? How are you going to cut your costs? Ahead of the tighter margins coming to all small businesses in 2023.
Discounts and Returns Cannabalize Holiday Sales
January 13, 2023 07:00 - 2 minutes - 2.3 MBConsumers spending was brisk, but holiday returns rose by 63% to total 13% of all online orders, according to analysis by Salesforce in the six days after Christmas.
Consumer Sentiment Continues to Decline
January 11, 2023 07:00 - 1 minute - 1.69 MBSurvey conducted by KeyBank shows Americans are becoming more challenged financially as many as 42% report that they are feeling overwhelmed or burned out as a result of financial challenge, 33% of Americans are spending less and budgeting more.
Baby Boomers Are A Hot Demographic
January 04, 2023 07:00 - 2 minutes - 1.98 MBBoomers are hot for many reasons: they're starting life anew, they're empty nesting and or settling into retirement. The key is that all these life changes create needs, and in turn, those needs create opportunities for businesses to sell to.
Loans to Small Businesses Declining
January 03, 2023 07:00 - 1 minute - 1.58 MBBiz to Credit Lending report released in Dec., loan approval rates at big banks have been on a decline since August of 2022, declined to a 14.6% approval level in Nov., down from an approval level of 28%.