A clear indicator that a trend is gaining momentum is support by diverse interest groups. This is happening with the trend of buying locally produced goods. I got multiple responses to my post on Conscious Consumers, which mentions that consumers are getting more interested in buying products made in the USA. Through this feedback I found out about a range of made in the USA sites and resouces, including:
- The Made by Yankees blog which covers products made in the US. They also have a made in the USA product finder.
- The Made in the USA blog which also covers made in the USA products.
- China Free Christmas blog which focuses on toys and where they are made.
- Made in the USA magazine.
Obviously support for products made in America and efforts to reduce foreign imports are nothing new. Leading up to the Boston Tea Party, US patriot and tea smuggler John Hancock organized a very effective boycott of Chinese tea imported by his foreign competitor, the East India Company.
What is interesting is how many different consumer segments are involved in the buy local movement. These include:
- Buy American types who are worried about the US economy and job loss.
- Safety types who are worried about unsafe and/or inferior foreign made products. I've posted in the past on the growth of local food production, which is in part driven by safety concerns.
- Environmentalists who see buying locally as more sustainable. Bill McKibben's book Deep Economy covers this trend.
- Consumers who are looking for unique, one of a kind or handcrafted products. This growing consumer segment often looks to local or regional producers for these goods.
We're not the only ones seeing a trend toward localism. Nokia just released a study looking at the future of entertainment and one of their key trends was localism. From their study release:
"The report uncovered a locally-minded sprit emerging in entertainment consumption and Localism will become a key theme of future entertainment. Consumers will take pride in seeking out the local and home-grown."
The growing coalition of consumers who are increasingly interested in buying local, coupled with new and cheaper technologies that better enable local production, is resulting in a range of new small business opportunities. We will be covering this trend in more detail in our next forecast report.
The Center for Media Research has released a study by Vertical Response that shows just where many of these ‘Main Street’ players are going with their online dollars. The big winners: e-mail and social media. With only 3.8% of small business folks NOT planning on using e-mail marketing and with social media carrying the perception of being free (which they so rudely discover it is far from free) this should make some in the banner and search crowd a little wary.
www.onlineuniversalwork.com
Posted by: Gregory Williams | April 28, 2010 at 12:03 AM
The Center for Media Research has released a study by Vertical Response that shows just where many of these ‘Main Street’ players are going with their online dollars. The big winners: e-mail and social media. With only 3.8% of small business folks NOT planning on using e-mail marketing and with social media carrying the perception of being free (which they so rudely discover it is far from free) this should make some in the banner and search crowd a little wary.
www.onlineuniversalwork.com
Posted by: Gregory Williams | April 27, 2010 at 12:12 AM
According to the study, the most important tool for small businesses to succeed in 2010 is search engine marketing, while email marketing, public relations and social media cited as crucial for success.
23.8% of all small businesses reported that search engine marketing was the tool most needed for their business to succeed in 2010.
www.onlineuniversalwork.com
Posted by: davidbaer | January 22, 2010 at 11:10 PM
23.8% of all small businesses reported that search engine marketing was the tool most needed for their business to succeed in 2010.
Posted by: alex | January 08, 2010 at 11:42 PM
Small Business owners are largely forgotten. Thats why I only focus on them. I have experience several members of my family file bankruptcy due to small business failures. I also I suffered through 2 destroyed businesses due to failure however, in my failings I have learned some of the secrets to success. (Who can say they know it all?)
What I like about small business owners is that they are not afraid to take huge risks and lay it all on the line. But, I agree they do need a lot of help with their marketing. I think having them go the social media and email route is not only the least expensive but its also the most effective. Thanks for the stats!
Posted by: alfredmarteen | January 07, 2010 at 02:06 AM
What I like about small business owners is that they are not afraid to take huge risks and lay it all on the line. But, I agree they do need a lot of help with their marketing. I think having them go the social media and email route is not only the least expensive but its also the most effective. Thanks for the stats!
Posted by: alex | January 06, 2010 at 11:42 PM
1. Often we forget the little guy, the SMB, in our discussions of the comings and goings of the Internet marketing industry. Sure there are times like this when a report surfaces talking about their issues and concerns but, for the most part, we like to talk about big brands and how they do the Internet marketing thing well or not so well.
www.onlineuniversalwork.com
Posted by: Charles brooks | December 16, 2009 at 02:51 AM
I love your view to the future. It is truly affecting how small business works NOW.
Thanks, Jason M. Blumer
Posted by: Thriveal | December 04, 2007 at 09:55 AM