Local
Business is the Heart of Our Community
Localbusiness marketing is actually a 21st century co-operative marketing
concept who time’s arrived. Local businesses contribute to local
economies by bringing growth and innovation to the community in which
the business is established. Locally owned businesses build strong
communities by sustaining vibrant town centers, linking neighbors in
a web of economic and social relationships, and contributing to local
causes. Many also support local causes, creating even more good
within a community.
Small businesses also help
stimulate economic growth by providing employment opportunities to
people who may not be employable by larger corporations. Small
businesses tend to attract talent who invent new products or
implement new solutions for existing ideas. Larger businesses also
often benefit from small businesses within the same local community,
as many large corporations depend on small businesses for the
completion of various business functions through outsourcing.
In
the 21st century, communities that preserve their
one-of-a-kind businesses and distinctive character have an economic
advantage. Locally owned businesses create more jobs locally and, in
some sectors, provide better wages and benefits than chains do. Local
business owners are more likely to give back to your community.
Beyond actual dollars being kept within your local community –
which is significantly higher when dollars are spent at a local
business vs. corporate one – small business owners are also more
likely to “do good” for your community, as well. Small businesses
deliver community character and economic advantages to the town they
are positioned in, but also strengthen partnerships among neighbors,
residents, other small business owners, community leaders and even
schools by offering social and economic relationships.
Marketing these local businesses
keeps them vibrant and creates a stronger community for everyone
within the area. Local ownership ensures that important decisions are
made locally by people who live in the community and who will feel
the impacts of those decisions. Many small businesses also possess
the ability to respond and adapt quickly to changing economic
climates. This is due to the fact that small businesses are often
very customer-oriented. Many local customers will remain loyal to
their favorite small businesses in the midst of an economic crisis.
This loyalty means that small businesses are often able to stay
afloat during tough times, which can further strengthen local
economies. Small businesses also accumulate less revenue than larger
corporations, meaning they may have less to lose in times of economic
crisis.
The
power of our local marketing lies in our automated web message
distribution. When other local businesses share you content on their
social media sites – it is like getting an implied endorsement
which may result in immediate traffic, leads and sales. In essence,
every other business is a marketer seeking to increase profits.
Maybe a new joint venture or affiliate marketing arrangement is in
order. Think relations. Think cooperation.Think Local. Think TriadInternet Marketing.
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