Fifty-two percent of SMBs have a website which compares with 61% in 2016. While the number of businesses with a website was down, those with another form of internet presence was up (from 28% to 80%), as was the number with a social media presence (up from 10% to 54%).
Websites are far more common in medium sized businesses than small businesses – 90% compared to 50%. A further 6% of online SMBs that use the internet intend to develop a website within the next year and nearly all are small businesses.
Fewer SMBs with websites believe this has improved the effectiveness of their business – down from 60% to 50%. The main positive impact businesses see from their websites continues to be increased exposure to the market.
Expenditure on building and maintaining their website averaged $2,800 for SMBs in 2016, which was down from $3,300 the year before. As in the prior two surveys, the annual average is more than three times higher in medium sized businesses ($8,800 approximately) than small businesses (just over $2,400). Expected average expenditure by SMBs on websites for 2017 is slightly above $3,400.
Thirty-five percent of SMBs have optimised their website for mobiles and other devices. This has occurred to a slightly greater extent in medium sized businesses (39%) than small businesses (34%). Nearly one quarter (23%) intend to optimise their website in the coming year, with medium sized businesses more likely to do so than small businesses (35% compared with 22%).
Just over three in ten SMBs (31%) with an existing website upgraded it in the last year.