13 Business Facts You Might Find Interesting

by Dan Ross on March 3, 2010

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  1. Minimum wage was 0.25 per hour when it was first enacted in 1938
  2. 63 mln US households to pay bills online by 2014 Source: Forrester
  3. Retail sales for soft drinks in the United States in 2001 were more than sixty billion dollars.
  4. During the holiday season, approximately $220 million worth of Poinsettias are sold
  5. Amazon.com’s sales were 1/17th of Walmart in 2009 Source: Company statements
  6. 89% of Americans with income over $75,000 subscribe to broadband Source: Leichtman Research
  7. 64% of small employers change the content on their Web site less frequently than once a month Source: NFIB
  8. 57% of Americans watch TV and surf Internet simultaneously Source: Nielson
  9. Microsoft made $16,005 in revenue in its first year of operation (1975).  In 2001, the 5 most valuable brand names in order were Coca-Cola, Microsoft, IBM, GE, and Nokia
  10. In 1962, the first Wal-Mart opened up in Rogers, Arkansas.  In 1984, when Wal-Mart was 22 years old, the company had a 0.3% share of the U.S. retail market. Source: GigaOM
  11. 58% of Americans have a mobile phone with Web connectivity Source: Pricegrabber survey
  12. 90% of all restaurants fail during their first year of operation
  13. Thanksgiving day 2008 there was approximately $50 million in Gross Merchandise Volume sold on eBay:  Source: SBA
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