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Making its mark as the first of its kind to alert users when they're near a Black-owned business, the app combines social impact and tech, allowing users to seamlessly circulate the Black dollar.
With the launch of their app, Mandy hopes to give quality Black businesses the exposure and sales they deserve. "I believe it's due time for us to make a conscious effort to buy Black.
We've heard the stats that we have a $1.2 trillion dollar buying power yet a dollar only stays in our community for 6 hours whereas in Jewish and Asian communities, their dollar circulates for 20 days and a month, respectively. With our current political state it's becoming more evident that supporting Black-owned businesses will allow us to vote with our dollars while strengthening the local economy in the Black community," said Mandy.
Some of the app's most notable features include the ability to submit Black-owned businesses, search by category, location, open status, and keyword, view all Black-owned businesses around your current location on a map, leave reviews, and more. Black entrepreneurs are also able to message their followers from the app, get premium search placement, and analytics amongst other features designed to maximize exposure and bridge the gap between the consumer and the business.
When asked about the potential impact of the app Mandy exclaimed, "I believe the OBWS app is our first major step to creating a wealthier and stronger Black community. We've gotten feedback from so many Black business owners who saw positive effects from listing their business on our web-based platform. We're excited to see the app take things to the next level."
This is a promising app for those of us who also want to support Black businesses during the holiday season. Just keep in mind that Black businesses only get 7% of our economic support but still manage to create 1 million jobs nationally.
We have to do better to build ourselves economically. For example since unemployment is around 8.8% of about 22 million Black adults that's about 1,980,000 unemployed people in our community.
Theoretically speaking If we could increase our support of our businesses to just 25% we'd have more than enough economic power to employ every unemployed Black person in the US.
So complain about racism all day on social media or invest in your own economic vitality. It's up to you.
You can download the Official Black Wall Street app now on both Android and Apple devices. If you’re a Black entrepreneur, you can also list your business for more exposure.
To download the app, visit http://onelink.to/obwsapp
Follow the app on social media below...
Twitter - www.twitter.com/TheBlackWallSt
Facebook - www.facebook.com/officialblackwallstreet/
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