GSA Business’ Book of Experts did a full-page article on Locally Epic this week. Story isn’t online, but here is the story below:
A key thing to pull from the story:
There’s no denying the convenience of the internet – it is, after all, in your phone, and your phone’s in your pocket or purse (or more likely, your hand) right now. But about that buck: For every dollar you spend in a Greenville business, a whopping 75 cents stays right here in Greenville. Even if you’re shopping at a Woodruff Road big box (and we all do, right?), 35 cents of every buck you spend stays local. In either case, that’s cash that flows through local employees, managers and owners and into other local businesses like grocery stores and gas stations. It buys cars from local dealerships. It buys homes constructed by local builders. It is our economic life blood. If Upstate consumers pivot $20 a week away for a year from online or a big box store to a locally owned store that would in increase the local Upstate economy by $300 million.