Posted on Monday, October 23, 2023
Here’s why.
To keep the high street alive, we need to use it. On top of the immediate financial benefits, shopping locally helps create a general buzz – thus generating more footfall. On the other hand, if shoppers stay away, more stores shut, creating a wasteland that deters visitors.
A fair proportion of the money you spend with local businesses will go back into your community instead of going into the coffers of a global giant. A recent survey showed that for every £10 spent locally, £3.85 is recirculated within the local community2.
Many small businesses support local sports clubs, fundraising efforts and charities. Without their contribution, some of these small organisations – that make a huge difference – wouldn’t be able to carry on.
A healthy local economy means a broader choice of job opportunities for people in the area. Many workers welcome the chance to work close to home and save time and money by avoiding a lengthy commute.
Locally made or grown produce will have a lower carbon footprint than similar products flown or shipped in from abroad.
Online shopping has its benefits, but nothing compares to seeing a product with your own eyes. It’s also a plus to be able to speak to a real person – not a chatbot – if you have any questions.
Bumping into people you know when you’re out and about and chatting to local business owners is a great way to embed yourself in the community.
Here at JDG Estate Agents, we’re proud to be part of the Lancaster business community. Tell us where you love to shop on the high street. Comment below.
Sources...
1 Local Data Company
2 Shop Local UK