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Traffic Sales and Profit

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In Just One Year, 91 Black Business Owners Teamed Up to Raise $49M in Revenue

Consumers supporting Black-owned businesses is one thing, but seeing Black entrepreneurs come together to support each other is even better. Black Business reports that from July 2019 to July 2020, 91 Black business-owners joined forces to collectively raise $49 million in revenue, with most sales happening after the COVID-19 breakout. Traffic Sales and Profit — a powerful network and Facebook group of almost 14,000 purpose-driven Black entrepreneurs — made the big announcement this week as they’ve been able to prevail in spite of the global health crisis. Despite news outlets like CBS reporting that 40 percent of Black-owned businesses are not expected to make it through the pandemic, Traffic Sales and Profit has proved that theory to be false. Led by founder Lamar Tyler, Traffic Sales and Profit is responsible for bringing together owners across different industries, including everything from brick-and-mortar stores and e-commerce brands to service and product-based businesses,...

Jul 28, 2020