|[May 13, 2014]
Wi-Fi is Better Than Chocolate? National Survey of Entrepreneurs Says Yes
PHILADELPHIA --(Business Wire)--
A national survey of entrepreneurs and small business IT decision makers
conducted by Bredin
Research and sponsored by Comcast
Business found that offering free Wi-Fi works better at keeping
customers happy than common "waiting area" conveniences like candy,
water or magazines. These "Main Street" businesses that offer Wi-Fi -
coffee shops, bars, restaurants, retailers, doctor's offices and others
- are leveraging the service to attract new clientele, improve customer
loyalty and raise their profile within the community.
Respondents who indicated that they do not currently offer Wi-Fi�also
understand the benefits of offering the service in their location, and
overwhelmingly their intention is to offer it in the near future. Those
that do not plan on offering it - predominantly those that have been in
business for 20 or more years -�cite concerns over tech support,
employee distraction and cost.
"Main Street businesses and entrepreneurs of all types recognize that
wireless Internet access is a must for their patrons, and that providing
free Wi-Fi can give them a competitive edge," said Bill Stemper,
president, Comcast (News - Alert) Business. "More and more, we are seeing that if a
business provides Wi-Fi now to its employees for business purposes,
extending access to its customers is a logical next step that is a way
to keep them coming back in the future. Given the challenges that small
businesses face in today's uncertain economy, we are encouraged that
technologies like Wi-Fi will help sustain growth."
The key survey findings are:
Wi-Fi is better than candy. Main Street business owners say
Wi-Fi is equally or more effective at making patrons feel welcome than
other amenities such as magazines (94%), community bulletin boards
(91%), candy (90%) or water (86%).
Wi-Fi helps draw customers. Nearly eight in 10 businesses
offering Wi-Fi (79%) say it helps keep customers happy while they
wait. 65% report it has encouraged repeat business, and 55% say it has
brought in new customers.
Wi-Fi helps sales. More than half (55%) of businesses providing
Wi-Fi believe it has resulted in higher sales per customer visit.
Promoting Wi-Fi is key. Those businesses that expected
increased revenues in 2013 are more likely to promote the Wi-Fi they
offer (64% vs. 38% of businesses that expected decreased revenues). In
turn, customers are more likely to promote these businesses through
their social media channels.
Non-users have concerns. Fears of tech support (33%), employee
distraction (33%) and costs (32%) are reasons cited for not offering
Wi-Fi to patrons.
Non-users see advantages. Many respondents recognize the
benefits of offering Wi-Fi, including raising their company profile
(41%) and keeping up with the competition (38%). Of those Main Street
businesses that currently don't offer Wi-Fi to patrons, 61% plan to
offer it soon or would consider providing it.
Wi-Fi builds connections. Nearly 20% of the business owners
surveyed promote themselves as "community hubs," such as a meeting
place for church groups, sports clubs or other community groups.
Businesses with Wi-Fi expect growth. 67% of businesses that
offer Wi-Fi to their customers expect revenue growth. Of the
businesses that don't offer Wi-Fi, only 50% expect growth.
Businesses with Wi-Fi boost productivity. Separate from
offering Wi-Fi to patrons, respondents' employees use Wi-Fi for
business purposes such as accessing corporate resources (49%),
tracking inventory (36%) and holding conferences with business
partners and customers (35%). 93% of these businesses believe that
Wi-Fi enhances productivity. Companies with growing revenue were more
likely than non-growing companies to use Wi-Fi as a customer amenity.
The Small Business Wi-Fi Survey was conducted online among a
representative sample of 602 principals and IT decision makers at
companies with 1 to 100 employees in the United States between Dec. 18
and Dec. 31, 2013. The survey has a margin of error of +/-4 percentage
points at the 95% level of confidence.
Find the SMB Wi-Fi survey on social media with #SMBWiFi.
About Comcast Cable
Comcast Cable is the nation's largest video, high-speed Internet and
phone provider to businesses and residential customers. Comcast has
invested in technology to build an advanced network that delivers among
the fastest broadband speeds, and brings customers personalized video,
communications and home management offerings. Comcast Corporation
(Nasdaq: CMCSA, CMCSK) is a global media and technology company. Visit www.comcastcorporation.com
for more information.
About Comcast Business
Comcast Business, a unit of Comcast Cable, provides advanced
communication solutions to help organizations of all sizes meet their
business objectives. Through a next-generation network that is backed by
24/7 technical support, Comcast delivers Business Internet, Ethernet, TV
and a full portfolio of Voice services for cost-effective, simplified
For more information, call 866-429-3085.
Follow us on Twitter (News - Alert)�@ComcastBusiness�and
on other social media networks at�http://business.comcast.com/social.
Bredin is a market research firm and consultancy which helps
clients�better understand and engage with small and mid-sized businesses
(SMBs). Bredin provides market insight through original research,
develops marketing strategy and executes acquisition and retention
programs to help clients develop profitable, long-term relationships
with SMBs. Learn more at www.bredin.com.
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