Sam Abrahamson answered 12/29/2019 7:38:48 PM
Are there any rules of thumb or recommendations around how much budget a small company should allocate for marketing and sales activity.
That's a great question! The answer to that really varies by business, which makes it very difficult to give a "rule of thumb" for budget allocation. There are also a variety of considerations when it comes to designing marketing materials, determining where and how to promote your business, how muc... more
Sam Abrahamson answered 12/29/2019 7:20:41 PM
Thanks for the question! There are a number of benefits for members of Fanbank. Here are three that make Fanbank standout:
1) Customer relationships - Fanbank gives its members a way to form and deepen customer relationships like never before by offering incentives that local customers want. When cu... more
Fanbank answered 12/17/2019 9:28:28 PM
What’s the #1 challenge most small businesses will face in 2020? What’s the #1 challenge most small businesses will face in 2020?
Thanks for the question! For anyone running or thinking of starting a small business, there are always challenges business owners will face - from getting access to capital, to finding new customers, hiring employees, and more. Plus, economic uncertainty, access to capital, and other external factor... more
- Small Business Services
Rachel Williams answered 12/12/2019 1:03:23 PM
Fanbank has 2,000+ members in 700+ neighborhoods nationwide. Members range across business categories, from restaurants to local gyms, hair salons, spas, service businesses, and more.
The benefits and tools that Fanbank members receive through their membership are built to help them attract cu... more
Sam Abrahamson answered 12/9/2019 11:40:16 AM
Yes, Fanbank is a rapidly growing business with members across the country. We currently have thousands of businesses who are reaping the benefits of our membership so that they can grow in their local neighborhood and better compete with big chains and franchises.
Fanbank members also have te... more
Sam Abrahamson answered 10/31/2019 2:03:59 PM
Can you provide a review on working at Fanbank? I’ve seen advertisements for a lot of new open positions. What are you looking for in new employees and what are the benefits?
Sure, happy to give you my perspective. First, you should know that Fanbank is very focused on helping main street businesses (and that includes mobile food trucks) thrive by offering them tools and services typically only available to large companies (with large budgets).
This means that we’r... more
Rachel Williams answered 10/17/2019 4:40:44 PM
One meaning of “shopping local” is shopping at independently owned local businesses rather than chain stores or big box retailers.
Research shows that on average, the dollars from 48% of each purchase at a local independent business is re-circulated locally, compared to less than 14% percent a... more
- Local business community
Sam Abrahamson answered 10/13/2019 8:36:01 PM
Thanks for your inquiry. If you have an independent business with a physical store location (or a service truck) based in the US, then YES, Fanbank can help you.
Our members include a wide range of small businesses -- from hair salons, apparel stores, restaurants to home & garden services, and y... more
Scott Geye answered 8/21/2019 8:06:46 PM
Fanbank has taken technology typically reserved for big box stores and enterprise businesses and developed a platform with the same level of performance/sophistication, catering it specifically toward small business owners. Fanbank levels the playing field by giving them access to these tools in an ... more