6 Franchise Marketing Statistics you Need To Know
The world of franchising grows with every passing year and with it the need for more effective customer communication. Don’t take our word for it. Let’s take a look at some of the statistics related to franchises.
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1. It’s estimated that 300 businesses start franchising each year
2. Franchising makes up around 3% of the American GDP
Also read: Effective Ways to Improve Customer Retention And Management
3. In 2019, 7-Eleven was the world’s biggest franchise with over 68,236 stores worldwide
4. 93% of all consumers use the internet to find local businesses
5. 55% of US franchises use social media as their main marketing channel
6. Franchises that choose to automate their email marketing process generate up to 320% more revenue
For digital marketing services, contact Business Catalyst
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