and Releases First Report Finding Small Businesses Less Than Three Years Old Represent a Technology Marketing Opportunity
NEW YORK, NY -- JupiterResearch, a division of Jupitermedia Corporation (Nasdaq: JUPM), announced today that, according to a newly published analysis, while technology spending by small businesses will be relatively flat in 2005, certain segments are planning spending increases and should be targeted by technology marketers. The analysis appears in the first research report of a new research service called SMB Marketing, which JupiterResearch has launched today.
According to a survey of 260 purchase decision makers at small businesses (less than 250 employees), overall Small Business technology spending will remain flat in 2005 compared to 2004, with 44% of establishments budgeting less than $5,000 for technology purchases this year. A closer analysis of the Small Business market, however, reveals spending dynamics in certain segments that marketers should exploit. For example, businesses less than three years old will increase spending in the $5,000 - $24,999 range and thus represent a 2005 technology marketing opportunity.