In recent years, there has been a growing movement to shop local and support small businesses. Shopping local refers to buying from businesses that are owned and operated within your community. While online shopping and big-box stores may be convenient, there are several reasons why shopping local is important. In this blog post, we will discuss the benefits of shopping local and provide statistics to support our argument.
1. Boosts the Local Economy
When you shop local, you are supporting the local economy. According to the American Independent Business Alliance, for every $100 spent at a local business, $68 stays in the community, compared to only $43 when spent at a chain store. This means that shopping local has a multiplier effect, as the money circulates within the community, creating jobs and supporting other local businesses.
2. Unique Products and Services
Local businesses offer unique products and services that are not available at big-box stores. Local businesses often specialize in niche products and services that cater to the needs of their community. According to a survey conducted by the Institute for Local Self-Reliance, local retailers carry an average of four times as many locally-made products as chain stores. This means that shopping local supports the local arts and crafts community, and helps to preserve the unique character and identity of your community.
3. Environmental Benefits
Shopping local has environmental benefits as well. Local businesses often source their products locally, reducing the carbon footprint associated with transportation. In addition, local businesses are more likely to use sustainable practices and materials, reducing waste and promoting environmental sustainability. According to a study by the Sustainable Business Network, independent retailers use 25% less energy than chain stores, which translates to a reduction of 35,000 tons of CO2 per year.
In conclusion, shopping local is an important way to support your community and promote economic, social, and environmental sustainability. By shopping local, you are supporting local businesses, boosting the local economy, and preserving the unique character and identity of your community. Therefore, the next time you are in need of a product or service, consider shopping local and supporting small businesses.