85 Broads is a network

Social network service

A social networking service is an online service, platform, or site that focuses on building and reflecting of social networks or social relations among people, who, for example, share interests and/or activities. A social network service consists of a representation of each user , his/her social...

 for high-achieving women founded in 1997. The name originates from the address of Goldman Sachs

Goldman Sachs

The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 (85 Broad Street

Broad Street (Manhattan)

Broad Street is located in the Financial District in the New York City borough of Manhattan, stretching from South Street to Wall Street.- History :...

), where founder Janet Hanson was the first woman promoted into sales management.

The network currently has over 30,000 members from 92 countries, 39 regional chapters, and 26 undergraduate and graduate college clubs.

85 Broads produces seminars, networking events, and workshops including monthly Power Breakfasts and Broad Advantage Career Boot Camps

Training camp

A training camp is a place, usually with an army-camp-type environment, where people go to learn skills, usually skills involving physical action rather than book subjects, usually for an armed force or an action sport...

. In 2004, 85 Broads staged a "Buycott" encouraging women to prove their purchasing power

Purchasing power

Purchasing power is the number of goods/services that can be purchased with a unit of currency. For example, if you had taken one dollar to a store in the 1950s, you would have been able to buy a greater number of items than you would today, indicating that you would have had a greater purchasing...

 and market clout

Market share

Market share is the percentage of a market accounted for by a specific entity. In a survey of nearly 200 senior marketing managers, 67 percent responded that they found the "dollar market share" metric very useful, while 61% found "unit market share" very useful.Marketers need to be able to...

by refraining from shopping for a day.