Consumers also showed their love for online small businesses on the day
By American Express
As Small Business Saturday closed out its eighth year on Saturday, Nov. 25, shoppers provided an encouraging boost to small businesses at the start to the holiday shopping season.
According to data from the 2017 Small Business Saturday Consumer Insights Survey, released by the
National Federation of Independent Business (NFIB) and American Express, an estimated 108 million consumers reported shopping or dining at local, independently owned businesses.
"Year after year, Small Business Saturday receives remarkable support from shoppers and communities nationwide," said Elizabeth Rutledge, executive vice president of global advertising and media at American Express. "In year eight, it's encouraging to see Small Business Saturday continue to gain momentum as more people recognize the benefits that independently owned businesses bring to their neighborhoods - and our country as a whole."
The Small Business Saturday Consumer Insights Survey also found 70 percent of U.S consumers are aware of Small Business Saturday. In addition to support on Main Street, shoppers turned out for online small businesses - with 35 percent reporting they "Shopped Small" online on Nov. 25 alone.
The 2017 Small Business Saturday 50-State Survey, also released by the NFIB and American Express, showed 73 percent of consumers who reportedly "Shopped Small" at independently owned retailers and restaurants on Small Business Saturday did so with friends or family. The most reported reason for consumers aware of the day to shop and dine at small, independently owned businesses was to support their community (64 percent).
Further insights from the 2017 Small Business Saturday 50-State Survey included the following:
•Shoppers made Small Business Saturday an all-day affair, as 58 percent of those who participated in the day reported shopping or dining at more than one small, independently owned retailer or restaurant on Small Business Saturday this year.
•On a national level, nearly half (48 percent) of consumers who participated in Small Business Saturday reported visiting a small business that they had not previously been to on Small Business Saturday.
•Relative to the national average, shoppers in Colorado, Hawaii and Vermont reported pet stores as the type of small business frequented the most; while shoppers in Illinois, Massachusetts and New York reported visiting a bakery the most; and shoppers in Georgia, Idaho and Texas reported visiting spas, nail salons or hair salons the most.
Full results of the survey and an interactive infographic with state-by-state breakouts can be found
here.
At the local level, Small Business Saturday is fueled each year by grassroots activities organized by "Neighborhood Champions" - small businesses, business associations, local chambers of commerce, and other community organizers that rally their communities to celebrate Small Business Saturday. This year, more than 7,200 Neighborhood Champions (a 7 percent increase from 2016) across all 50 states, Washington, D.C., and some U.S. territories - engaging an estimated 2.2 million small businesses - celebrated Small Business Saturday on Nov. 25, showing their love and appreciation for small businesses through activities such as shopping passport programs, pop-up holiday markets, sleigh rides and a "Shop Small" sand sculpture.
Through the Small Business Saturday Coalition, more than 575 organizations helped spread the "Shop Small" message this year, an 18 percent increase over last year. The coalition, led by Women Impacting Public Policy, was created in 2011 to help amplify Small Business Saturday and is comprised of national, state and local associations that help coordinate activities for Small Business Saturday with consumers and small business owners.
"Small Business Saturday has become an incredibly important day for small businesses across the nation," NFIB CEO and President Juanita Duggan said. "We are very proud to be a part of this program and to be able to show how valuable small businesses are to local communities, whether on Main Street or online. Partnering with American Express is a great honor and we look forward to Small Business Saturday each year."
Elected Officials across US encourage Communities to 'Shop Small'
- Elected officials in all 50 states and Washington, D.C., championed Small Business Saturday.
- A total of 239 federal officials and agencies showed support for Small Business Saturday through posts on Facebook and Twitter.
- The U.S. Senate unanimously passed a resolution designating Nov. 25, 2017, as Small Business Saturday.
- 653 city proclamations in support of Small Business Saturday were issued by mayors and other elected officials covering all 50 states and Washington, D.C.
- 11 unique public service announcements encouraging the public to "Shop Small" were recorded by government officials across the nation.
Communities & Supporters Contribute to Success in Year Eight
In addition to the Neighborhood Champion Program and the Small Business Saturday Coalition, corporations, consumers and businesses across the country brought their communities together for Small Business Saturday. For example:
•American Express enlisted the support of corporate supporters to help drive excitement for Small Business Saturday. Nearly 100 companies, including
Grubhub,
Etsy,
Ace Hardware,
FTD,
Square and
Liberty Mutual Insurance, came together to promote Small Business Saturday and the "Shop Small" movement.
•Small business owners successfully used the "Shop Small Studio" nearly 105,000 times for customizable and ready-to-use marketing materials and/or merchandise to help promote their businesses on Small Business Saturday, up 23 percent from 2016. As part of a new pilot program, downloadable marketing materials were offered in Spanish, and 15 percent of studio visitors requested assets in Spanish.
•From the first of November through the 25th, there were more than 605,000 social media posts combined on Facebook, Instagram and Twitter about Small Business Saturday and/or the "Shop Small" movement, and nearly 177,000 were posted on Nov. 25 alone. Posts included consumers showing-off their favorite small businesses, business owners hosting events with promotions and activities taking place on Small Business Saturday, as well as government officials, celebrities and artists showing their support for the day and their favorite small businesses.
Shop Small All Year Round
The benefits of Small Business Saturday reach beyond just one day. According to the 2017 Small Business Saturday Consumer Insights Survey, 84 percent of consumers who are aware of Small Business Saturday said the day makes them want to "Shop Small" all year long, not just during the holiday season.
Consumers can continue to find small businesses in their community by visiting
ShopSmallNow.com. In addition to products and services, American Express offers the below resources for small businesses year-round:
"
OPEN Forum" - A platform that combines content and community to deliver advice to small business owners. This is where small business owners come together to help each other get unstuck on issues such as expanding their business, marketing and more complex topics like expense management.
Mark your calendar for Small Business Saturday 2018, which will be celebrated on Nov. 24.
About Small Business Saturday
Nov. 25 was the eighth annual Small Business Saturday. Dedicated to supporting the diverse range of local businesses that help to create jobs, boost the economy, and enhance neighborhoods around the country, Small Business Saturday was created by American Express in 2010 in response to small business owners' most pressing need: getting more customers.
2017 Small Business Saturday Consumer Insights Survey projections are based on current U.S. Census estimates of the U.S. adult population, age 18 years and over. Other information is from the 2017 Small Business Saturday Consumer Insights Survey.
About NFIB: NFIB is the nation's leading small business association, with offices in Washington, D.C., and all 50 states. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB's network of grassroots activists sends their views directly to state and federal lawmakers through a unique, member-only ballot. NFIB's mission is to promote and protect the right of its members to own, operate and grow their businesses. More information about NFIB is available online at www.NFIB.com/news.
About the Small Business Saturday 50-State Survey: Morning Consult, on behalf of American Express and the National Federation of Independent Businesses, from Nov. 25-26, conducted the 2017 Small Business Saturday 50-State Survey, among a national sample of 10,000 Americans aware of Small Business Saturday. The data cited are estimated based on self-reported data from this survey and do not reflect actual receipts or sales. Morning Consult used a statistical technique called multilevel regression and post stratification (MRP) to construct state-level estimates from the national survey data. The state level estimates were weighted to approximate a target state level sample based on age, gender and education. The interviews were conducted online in English, results from the national survey have a margin of error of plus or minus 1 percentage point, and the state-level margins of error vary by state (typically 2 percentage points to 5 percentage points).
About the Small Business Saturday Consumer Insights Survey: The Small Business Saturday Consumer Insights Survey was conducted by Teneo among a nationally representative sample of 2,160 U.S. adults 18 years of age or older. The sample was collected using an email invitation and an online survey. The study gathered self-reported data and does not reflect actual receipts or sales. It was conducted anonymously on Nov. 26, 2017. The survey has an overall margin of error of +/- 2.1 percent, at the 95 percent level of confidence. Projections are based on the current U.S. Census estimates of the U.S. adult population, age 18 years and over. The survey was commissioned by American Express and the National Federation of Independent Businesses.
