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End of Word-of-Mouth Advertising? GoDaddy Data Shows Gen Z Trusts Influencers More Than Friends
Prnewswire· 2024-10-17 13:12
Trust dynamic not the only shift for younger generationsTEMPE, Ariz., Oct. 17, 2024 /PRNewswire/ -- For years, word-of-mouth has played a critical role in the marketing success of small businesses. New data from GoDaddy suggests that recommendations from friends, family and co-workers are being replaced by influencers in terms of importance to younger consumers.The GoDaddy survey of 1,000 U.S. consumers in September shows that while both Gen Z and Millennial customers are starting to behave differently than ...
What matters to small businesses on Election Day
Prnewswire· 2024-10-08 12:50
Core Insights - The survey conducted by GoDaddy highlights that small business owners prioritize inflation, tax reform, and cost of living as critical issues ahead of the upcoming elections [1][2]. Group 1: Small Business Concerns - 93% of small business owners believe that addressing wage and cost inflation should be a top priority for the next administration [2]. - Nearly 70% expect above-average inflation to persist for at least another year, with 34% citing increases in operating costs as their most significant economic challenge [2]. - 50% of respondents rank tax reform as a top policy priority, while only 24% feel current federal tax incentives effectively promote growth and investment [2]. - 32% of small business owners feel that rising housing costs hinder their ability to achieve "The American Dream," with a higher percentage of women (36%) expressing this concern compared to men (27%) [2]. Group 2: Voting Behavior and Election Impact - 18% of small business owners report that their voting behavior in federal elections has changed since they became business owners [3]. - 51% anticipate that the upcoming election will have a moderate to major impact on their businesses, while 49% predict a minor or no impact [3]. - 38% believe that federal government leadership will positively impact their business over the next four years, whereas only 16% expect a negative impact [3]. Group 3: Business Outlook - Despite economic uncertainty, 77% of small business owners aim to grow their businesses in the next 12 months [4]. - Only 27% expect an increase in revenue over the next six months, while 41% anticipate no change [4]. - The importance of small businesses to the economy and communities is emphasized, with a call for elected officials to consider their concerns in policy-making [4].
GoDaddy: Clicking Up Profits
Seeking Alpha· 2024-10-07 14:05
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...
GoDaddy Inc. to Announce Third Quarter 2024 Financial Results on Wednesday, October 30, 2024
Prnewswire· 2024-10-07 13:00
TEMPE, Ariz., Oct. 7, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) will release financial results for the third quarter of 2024 on Wednesday, October 30, 2024, after the U.S. stock market closes.Following the news release, GoDaddy management will host a live webcast at 5:00 p.m. Eastern Time, which will be available on GoDaddy's Investor Relations website at https://investors.godaddy.net. To participate, please register here.Following the webcast's completion, a recording will be available on GoDaddy's In ...
Nearly 1 in 3 Consumers Find Paying Return Shipping More Annoying Than Jury Duty
Prnewswire· 2024-10-02 13:17
Core Insights - A recent GoDaddy survey reveals that 80% of U.S. consumers prioritize cost savings over convenience, with 42% identifying saving money as their top priority [1][2] - The survey indicates that consumers are willing to endure inconveniences to save money during the holiday season, suggesting that e-commerce businesses may need to adjust their strategies to retain customers [1][2] Consumer Behavior Insights - Nearly 30% of consumers find paying for return shipping more annoying than jury duty or visiting the DMV, and 77% check return policies before making purchases [3] - 62% of consumers prefer paying with cash over incurring a 3% surcharge for credit card payments, while 69% would continue shopping at a business that does not offer "Buy Online, Pick Up In-Store" options [4] - 38% of consumers would abandon an online purchase if the payment page takes longer than 10 seconds to load [5] Generational Trends - Gen Z is the most likely to seek alternatives if a business does not offer in-store pickup, with 41% indicating they have avoided shopping due to this [6] - Younger generations, including Gen Z and Millennials, are more willing to pay extra for credit card convenience, with 43% and 45% respectively agreeing to a 3% surcharge [6] - When it comes to waiting for website loading times, 47% of Gen Z and 45% of Millennials would not wait longer than 10 seconds, compared to 68% of Gen X and Boomers who would wait 30 seconds [7] Recommendations for Businesses - As holiday shopping approaches, small businesses should consider extending return policies, avoiding return shipping fees, and offering convenient shopping options to attract cost-conscious consumers [5][8] - GoDaddy emphasizes the importance of providing convenient shopping experiences, particularly for businesses targeting Gen Z and Millennials [7][8]
Getting Connected: Digital infrastructure Overhaul Sparks 280,000 Jobs Nationwide, Finds GoDaddy and UCLA
Prnewswire· 2024-09-10 13:13
However, not all regions are created equal. The South and Southeast regions of the United States, in particular, experienced unparalleled growth in microbusiness activity and job creation due to investments and improvements in digital infrastructure. The states with the highest growth in the infrastructure index over the last four years include:These findings stem from GoDaddy's Venture Forward research initiative and UCLA Anderson Forecast. The organizations jointly publish the Microbusiness Activity Index ...
GoDaddy Stock Surges 57.7% YTD: Will the Bull Run Continue?
ZACKS· 2024-09-03 16:32
GoDaddy‘s (GDDY) shares have outperformed the Zacks Computer & Technology sector as well as its peers Shopify (SHOP) , BigCommerce (BIGC) and Alphabet (GOOGL) on a year-to-date (YTD) basis.While GDDY’s shares have returned 57.7%, Alphabet increased 16.9%. Shopify and BIGC registered declines of 4.9% and 39.8%, respectively, year to date. The broader sector has appreciated 20.7% over the same timeframe.GoDaddy’s robust stock price performance has been driven by its better-than-expected financial results and ...
GoDaddy (GDDY) Aids Small Business Marketing in Digital Sector
ZACKS· 2024-08-21 17:21
GoDaddy (GDDY) is expanding its footprint in the digital marketing space with the launch of its all-in-one Digital Marketing product. The tool is designed to empower small business owners by simplifying and enhancing their online marketing activities. Recognizing challenges that entrepreneurs face, such as limited time, budget and expertise, GoDaddy’s new offering integrates essential tools like Search Engine Optimization (SEO), social media and email marketing into a single platform. The latest launch enab ...
GoDaddy (GDDY): One of This Year's Most Overlooked Stocks
ZACKS· 2024-08-21 15:16
“Every morning brings new potential, but if you dwell on the misfortunes of the day before, you tend to overlook tremendous opportunities.” – Harvey MackayEvery year, many stocks outperform the market. It’s easy to spot the high-flying tech stocks that are constantly hyped up by the financial media. It’s much more difficult to identify stocks that beat the market but also fly under the radar.Investors tend to overlook these companies because they’re not necessarily flashy or making news headlines. Spotting ...
GoDaddy Helps Entrepreneurs Thrive with New AI-Powered Digital Marketing Tools
Prnewswire· 2024-08-20 13:15
Tailored solutions maximize brand awareness to attract customersTEMPE, Ariz., Aug. 20, 2024 /PRNewswire/ -- Entrepreneurs today understand the importance of marketing to stay competitive, build their brand and attract customers. However, in a recent survey, 73% of respondents said they are not confident that their current strategy is contributing to their business goals. For many, a lack of time, money, and skills make online marketing one of the biggest pain points of being a small business owner. Digital ...