Banking News

Comerica Bank Delivers Valuable Competitive Market Research to Small Businesses

Comerica Bank Delivers Valuable Competitive Market Research to Small Businesses

SizeUp by Comerica provides small business customers nationwide with key insights to make data-driven decisions

In recognition of National Small Business Week, Comerica Bank is introducing SizeUp by Comerica, an exclusive and complimentary new tool that allows small business customers to tap into industry-specific research, insights and analysis to help them make data-driven business decisions. SizeUp by Comerica thus provides small businesses with a competitive advantage in a highly challenging business environment.

The new tool is the latest addition to the Comerica SmallBizCo-op, a suite of unique product and service offerings designed to help Comerica small businesses customers grow and thrive.

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Specifically, SizeUp by Comerica allows small business banking customers to:

  • Rank their business performance to industry competitors
  • Compare revenue, employment, wages and more to the local competition
  • Discover potential customers, suppliers and competitors
  • Measure consumer spending in their local area
  • Optimize marketing to target their ideal customers

“SizeUp by Comerica is a leading-edge tool that enables our small business customers to harness the power of big data and obtain free market data, along with customized analysis that would otherwise cost them thousands of dollars to obtain on their own,” said Omar Salah, Comerica Bank’s Director of Small Business Banking. “We are dedicated to helping small businesses reach their goals, and this resource has the ability to make a significant impact on the growth trajectory of small businesses and aspiring entrepreneurs across the country.”

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Part of a larger, concerted small business support strategy

SizeUp by Comerica is the latest solution Comerica has launched as part of a larger initiative to share its resources with small business customers. Through SmallBizCo-op, Comerica also provides customers with significant savings on everyday business purchases and more nationally, along with other programs uniquely tailored to specific markets.

SizeUp by Comerica follows the announcement of Comerica CoWorkSpaces, a new concept that offers complimentary office space exclusively to the bank’s small business customers in North Texas. Through a $3 million investment, nearly 10,000 square feet of existing banking center space across nine Comerica Bank locations will be transformed into unique resource centers where Comerica customers can conduct business. Each CoWorkSpaces site will be equipped with features like Wi-Fi, AV presentation equipment, reservable meeting rooms, hospitality stations and more.

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