Consider the benefits of shopping local
When you shop local, it maintains our schools, paves our roads, employs our friends and neighbors and makes Cache Valley a wonderful, diverse, and interesting place to live.
Keep more money in our community
Create more jobs
For every $100 spent at a locally owned business, $68 dollars stays in the community
For every $100 spent at a chain store, $43 dollars stays in the community
For every $100 spent online, $0 to very little stays in the community
A Stronger Economy
Shopping local pays for services
Parks, police, schools, roads, water, etc. When you shop local, you benefit from the services your tax dollars provide.
Shopping local creates jobs
Small businesses account for 65% of all net new jobs over the past 17 years.
They are your neighbors and friends. Scout leaders, volunteer firemen, and little league coaches. They rescue animals and help feed the less fortunate. These are some of the people who make our community a wonderful place to live.
Shopping local gives back
Small businesses donate more than twice as much per sales dollar to local non-profits, events, and teams compared to big businesses.
Saved a few bucks shopping online?
But what is it really costing you?
Amazon’s effect on our economy
- Putting local businesses, out of business. Leaving large vacant buildings in our community to deteriorate
- Displaces jobs
- Drives down wages (median compensation in 2018 was $28,836)
- Manipulates shopper’s search results by promoting businesses willing to play by Amazon’s rules
What can you do?
A survey by the American Planning Association asked people, “what makes an ideal community?” The top answer was having locally owned businesses nearby.
Unfortunately, it’s tough these days for local businesses to stay open. They face stiff competition from big-box chain stores and online retailers. If you want to see Cache Valley businesses survive and prosper, the best thing you can do is shop here.
1. Learn About Local Businesses
Set aside a day to explore our community and see what it has to offer.
2. Shop Locally
- Most local businesses are very much aware of online price wars. Ask your local business if they can match or come close to the price you find online.
- Shop local for the holidays. Most communities offer unique, one-of-a-kind products! These products make great gifts!
3. Eat Locally
Not all local businesses are useful to everyone. However, everybody has to eat, so eating at our restaurants and shopping our locally owned grocery stores are some of the best ways to support your local economy.
The farmers market gives you a chance to meet not just the people who sell your food, but the people who grow it.
4. Bank Locally
Another way to keep your money in your community is to literally keep your money at a local community bank or credit union, rather than at a large national bank. Banking locally offers several benefits:
- Lower Cost. Many locally owned banks and credit unions offer the same services as big national banks, such as credit cards and online bill payment. However, their rates and fees are typically better.
- Better Service. Community banks and credit unions offer more personal service because they serve a much smaller area.
- Supporting the Local Economy. Community banks and credit unions make most of their money from loans to local people and businesses. Because small local banks make most of their loans within the community, they have an interest in helping that community prosper.