The Importance of Business Networking in 2021
In the world of business, networking is the lifeblood that keeps everything flowing smoothly. Building a strong and diverse network can mean the difference between success and failure, and in 2021, networking has become even more crucial. In this article, we will explore the top 5 business networking statistics you need to know in 2021.
Stat 1: 85% of Jobs are Filled Through Networking
According to a recent study, 85% of jobs are filled through networking. This means that if you are not actively building your professional network, you could be missing out on potential job opportunities. The study also showed that the majority of job seekers found jobs through their personal and professional networks, rather than traditional job listings.
Stat 2: 80% of Professionals Consider Networking as Important for Career Success
Another study revealed that 80% of professionals consider networking to be important for career success. Building a strong network can open up new opportunities, help you gain new insights and knowledge, and provide valuable connections that can help you build your career.
Stat 3: 64% of Small Business Owners Rely on Networking for Sales
Networking is not just important for individual career growth, but it is also crucial for the success of small businesses. In fact, a study revealed that 64% of small business owners rely on networking for their sales. Building relationships with potential clients, partners, and other professionals can help small businesses grow and expand their customer base.
Stat 4: 89% of Business Professionals Agree That Face-to-Face Networking is Important
While online networking has its benefits, face-to-face networking is still the most effective way to build genuine connections. In a survey, 89% of business professionals agreed that face-to-face networking is important for long-term business relationships. Attending industry conferences, events, and trade shows are great ways to build face-to-face connections.
Stat 5: 78% of Networkers Fail to Follow Up
Finally, while networking is crucial, it is important to follow up after making connections. Unfortunately, a survey showed that 78% of networkers fail to follow up after networking events. Following up with potential connections is critical to building strong relationships and maintaining communication.
In Conclusion
In 2021, networking has become more important than ever before. Building a strong and diverse network can provide numerous benefits, including job opportunities, career growth, sales, and more. By staying up-to-date on the latest business networking statistics and trends, you can build a stronger network and take your career or small business to the next level.
