Doug Llewellyn is the President and Chief Operating Officer of Purch, a New York City-based digital publishing and marketplace platform that helps more than 100 million users make better buying decisions. Purch is now relaunching Business.com, a platform that allows Purch to develop an ecosystem for small- to medium-sized businesses (SMBs). The new Business.com provides entrepreneurial expertise, products and services, all of which are crucial for SMBs to navigate complex buying decisions and gain a competitive advantage.I had the opportunity to hear from Doug and learn what value Business.com is bringing to growing businesses.

To read the article, please click here

 

 

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Small and medium businesses bullish on rollback of regulations, but political uncertainty remains a cause for concern

(New York, May 1, 2017) Almost 70% of small and medium business (SMB) owners are optimistic they’ll see business growth, expansion, or increased revenue over the next 12 months, but their enthusiasm is tempered by unease over political uncertainty in Washington, according to a new survey released today by Business.com.

Driving their optimism is the administration’s plans for deregulation, with 61% of respondents saying the promise of deregulation has impacted their business investment plans, 34% going even further to say the impact would be great. Excessive regulations hinder hiring, according to 56% of SMB owners, while 33% see regulations blocking investment in new technology, software, and equipment. Of the respondents who envisioned an acquisition or other liquidity event over the next year, 63% said it would be facilitated by deregulation.

As to the greatest threat to their businesses’ survival, more than a quarter of respondents (26%) said “political uncertainty.” The other top responses, “taxes” (32%) and “regulations” (21%), both hinge on the unsettled political climate in Washington.

“Our Business.com survey shows that the people who drive the vital small and medium business sector of our economy clearly expect proposed deregulations from the Trump administration to stimulate business growth, investment, and acquisitions,” says Doug Llewellyn, President and COO of Purch, which recently relaunched Business.com to bring together industry-specific communities of small business owners with the experts who can help them understand and grow their businesses. “Given the central role of SMBs nationwide, growth in that sector can have ripple effects throughout the economy. But a lot of the current optimism rests on Washington, so it’s not surprising that political uncertainty looms so large in their threat assessments.”

The Affordable Care Act drew mixed responses with 32% saying it had no impact on their growth, 26% feeling it impacts how and when they hire, and 26% saying it affects how and when they spend. And while 48% think health insurance regulations are among the most restraining they face, 59% saw governmental applications, licenses, and reviews as even more restrictive.

The Business.com survey ran April 10-17, 2017, with nearly 900 Business.com members across a variety of industries from around the country responding. For more information on the survey, please visit https://www.business.com/articles/small-business-optimism-trump-survey/.

To learn more about Purch and its owned and operated brands, please visit www.purch.com.

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Purch is a digital publishing and marketplace platform uniquely positioned at the intersection of content, commerce and customer. By combining in-depth product reviews, comparisons, and services with industry leading publisher technology, Purch creates a seamless connection between intent-based buyers and sellers. The company generates more than $1billion annually in facilitated commerce through its tech, shopping, lifestyle and SMB brands, including Tom’s Guide, Top Ten Reviews, ShopSavvy and Business.com. With more than 1,200 product categories, Purch is the #1source for buying advice for more than 100 million people each month.

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The New Business.com Platform Underscores Purch’s Position as a Leader in Connecting High-Intent Buyers and Performance-Based Marketers in Both SMB and Consumer Markets

(New York, April 25, 2017) Purch, a next-gen digital publishing and marketplace platform, announced today the launch of the new Business.com, a content and commerce marketplace that brings together industry-specific communities of small business owners with the experts who can help them understand and grow their business.

“Business.com is a revolutionary disruption of the small business model, providing business owners with the tools, services, and expert and peer advice they need to grow their businesses,” says Greg Mason, CEO of Purch. “The SMB community is the backbone of the American economy, but, up until now, we have failed to give them the resources they need to succeed.  With Business.com, Purch has built a platform to serve those businesses throughout their lifecycle, from budding start-up to global expansion.”

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The new Business.com builds upon Purch’s already robust community of 5.7 million SMB members. Key features of the new Business.com include:

  • First-of-its-kind combination of expert content, in-depth advice and Q&As, reviews and tools – all focused on helping SMBs succeed;
  • Innovative SMB marketplace that connects small business owners with the right products and services specific to their business needs;
  • Unique membership and services model that provides Business.com members with cashbacks and other incentives, in addition to discounts on products that SMBs buy frequently.

Business.com will focus on 15 key industries, including restaurants/hospitality, construction/general contracting, retail, healthcare, manufacturing, real estate, agriculture, travel, and financial services.

The relaunch of Business.com bolsters Purch’s growing portfolio of Business-to-Business brands and services, including BuyerZone, the leading online marketplace for buyers and marketers of SMB products and services, and Business News Daily, which empowers small business owners to lead and grow their businesses with clear and actionable buying advice and how-to information. In the coming months, Purch will be announcing an array of new features, functionality, and integrations on Business.com and the company’s growing SMB platform.

To learn more about Purch and its owned and operated sites, please visit www.purch.com.

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Purch is a digital publishing and marketplace platform uniquely positioned at the intersection of content, commerce and customer. By combining in-depth product reviews, comparisons, and services with industry leading publisher technology, Purch creates a seamless connection between intent-based buyers and sellers. The company generates more than $1billion annually in facilitated commerce through its tech, shopping, lifestyle and SMB brands, including Tom’s Guide, Top Ten Reviews, ShopSavvy and Business.com. With more than 1,200 product categories, Purch is the #1source for buying advice for more than 100 million people each month.

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By Teresa Novellino

Purch, a New York-based digital content and commerce company that aims to help users make informed buying decisions through sites it runs such as Top Ten Reviews and Mobile Nation, today announced it has acquired Business.com, an online portal for small- to mid-sized businesses.

A spokesperson said terms of the acquisition of the Carlsbad, California-based company would not be disclosed.

The deal expands Purch’s content-meets-commerce approach to 1,200 categories spanning consumer electronics, technology, home, outdoor, health and more. It also lets Purch take a crack at increasing its revenues through the 28 million small businesses that exist nationwide, a segment that makes up 55 percent of all jobs.

“As Purch continues to build services that help business owners grow and be successful, Business.com’s content assets help us provide even more value to the existing 10 million SMBs who have sought detailed purchase advice through our services,” Greg Mason, CEO of Purch said in a statement.

Read the full article here: http://www.bizjournals.com/newyork/news/2016/06/22/commerce-media-biz-purch-picks-up-business-dot-com.html

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By Anthony Ha

Digital media company Purch has acquired Business.com — which, in addition to being a pretty great URL, offers advice and other content for small businesses and operates a marketplace for business products and services.

Purch owns a number of product-focused sites, including Tom’s Guide and AnandTech. It raised a $135 million round last year and has continued to grow its portfolio through acquisitions since then, most recently by buying mobile shopping startup ShopSavvy.

As for Business.com, it was founded back in 1999 and is currently run by Resource Nation, which acquired the brand and assets (with funding from JMI Equity) back in 2011.

Read the full article here: https://techcrunch.com/2016/06/22/purch-acquires-business-com/

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