With the ever-changing economy and throwing in the newly elected President, now more than ever is the time that consumers will likely be watching what they spend and where they choose to spend it. Though profits for both large and small businesses may be on the rise due to the Christmas shopping frenzy upon us, learn just what it means to the consumer and your business when they say, “invent your dollars wisely”. Keep reading to learn more.
Key Takeaways:
- Price will be a deciding factor for many consumers and businesses seeking goods and services – even if they do understand the multiplier effect of investing in their local community, their bank balance may dictate otherwise.
- As the annual Christmas shopping frenzy fast approaches, I am starting to see the “Shop Local” messages circulating on social media.
- In the midst of a digital technological revolution, it is ridiculous to demonise online shopping especially when some of those online businesses are based locally and gaining benefit from a wider geographic audience.
“In the midst of a digital technological revolution, it is ridiculous to demonise online shopping especially when some of those online businesses are based locally and gaining benefit from a wider geographic audience.”
https://insidesmallbusiness.com.au/planning-management/invest-your-dollars-wisely
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