5 Big Reasons to Shop Small on Saturday
Small Business Saturday is the gem between the chaos of Black Friday and Cyber Monday.
As Thanksgiving draws to a close, the holiday shopping season officially begins. Stores will be packed with Black Friday shoppers before they hop on their computers for the best Cyber Monday deals. Don’t miss the gem between the chaos of Black Friday and Cyber Monday: Small Business Saturday.
Small Business Saturday was created in 2010 to encourage communities to support each other by shopping local. Here are a few reasons you should shake off the turkey hangover on Nov. 25 to convene with family and friends at your neighborhood stores.
1. Small Businesses Shape the Economy
According to the U.S. Small Business Administration, 99.3 percent of businesses in Utah and 99.2 percent of businesses in Idaho are small businesses. Frequenting solely big businesses is like eating only plain turkey on Thanksgiving — there’s a lot you’re missing out on.
According to the SBA, small businesses created 39,823 net new jobs and employed a total of 834,161 people in Utah and Idaho — which put a lot of turkeys on families’ tables this Thanksgiving.
2. Money Spent Local Stays Local
Shopping local puts money back into the community. According to a study by Civic Economics, 48 percent of each local purchase was recirculated in the community, compared to 14 percent of purchases made at big businesses.
When buying a holiday gift for someone at a small business, the money will likely go from your wallet to other small businesses to pay for upkeep, advertising, and other operating costs. By using your purchasing power at a small business, you’re supporting local employees, including friends and neighbors.
Many consumers may already understand these benefits. According to a recent survey by Cicero Group, 38 percent of Utahns and 51 percent of Idahoans say they are “very likely” to purchase locally sourced products.
Think of what you love about your community. Is it the abundance of strip malls? Local retailers make communities unique and memorable.
Whether you’re going to the birding store around the corner, spending an evening with your bookshop’s book club, studying at the local coffee shop where the barista knows your order, or sampling the delicacies your town is famous for, small businesses make for memorable experiences that don’t just allow you to get unique gifts, but give you the opportunity to bond with friends and neighbors.
4. One-of-a-Kind Gifts
Local retailers can offer a bit of uniqueness that big box retailers and mass-produced goods often can’t. Whether it’s a local, handmade product or a specialty drink, buying local can ensure the gifts you’re buying are as unique as the person you’re buying them for.
5. Supporting Local Businesses Brings Communities Together
Small businesses aren’t only creating jobs, they’re bringing communities closer together. A 2014 study from Baylor University found employees were more likely to be committed to local employers. Those strong business ties resulted in employees that built stronger, deeper roots in their communities. The best way to make sure you live in a great place is to invest in it — and a great way to do that is to support your neighbors by shopping local.
Thanksgiving is a time for thankfulness, and there’s no better way to show your gratitude to your community than by grabbing a friend to explore the vibrancy of local retailers. Keep money in your community, help create jobs, and strengthen community ties by hitting your town on Small Business Saturday to shop local.