Amidst big brands such as Amazon, Walmart, and the list goes on, small businesses account for quite a bit of market share.
Google estimates that there are approximately 115 million small businesses in the world while the United States of Small Business Administration Office of Advocacy estimates that there are 28.8 million businesses in the US alone.
Of course, there’s much discussion to be had pertaining to what specific attributes must be realized to qualify as a small business. But I’m not writing to debate those finer points.
With both numbers on the rise annually, one has to wonder how small businesses are able to affordably differentiate themselves, especially when considering small businesses with a strict local or hyper-local presence.
How many oil change, dog grooming, nail salon and other local-centric business services do you pass daily going to and fro?
If you’re like me, then you’re likely surrounded by a growing number of small businesses, varying in name, peddling similar services in hopes that a potential customer remembers their business when the need arises.
Hoping that customers remember your business in a sea of competitive small businesses offerings is not a sound plan for existing or growing local market share.
But here’s something to ponder. Would you be interested in uniquely differentiating your business from the competition using an emoji domain?