Southport-Oak Island Area Chamber of Commerce
Promotes Shop Local Through The 3/50 Project

The 3/50 ProjectFebruary 20, 2010 Southport, North Carolina (NC) - It is a simple idea but powerful. We hope you will join us in promoting it throughout our community. After reading the below information we encourage you to go to the website and sign up. After signing up:

1. Download the poster- put it up in your window.

2. Download and print the flyer- hand it to your customers and thank them.

3. Email The Chamber and let us know you are participating.

If you want the Chamber to provide you with copies of the handout Email Us! Don't wait sign up today at www.the350project.net.

Start spreading the word. "Pick 3 Spend 50 Save your local economy."

Minneapolis, MN - March 19, 2009 --Having been an independent stationery store owner for fourteen years, Cinda Baxter understood the pain felt by retailers when the economy sank and consumers held back. What began as an economic downturn in the autumn had become a psychological tsunami by March 1st.

What the country needed, in her opinion, was a meeting of the minds between two groups that held valuable stakes in the game - small business owners and members of their communities.

Enter The 3/50 Project.

With a tag line "Save your local economy three stores at a time," the Project's goal is to promote shopping in locally owned businesses while thanking customers for the positive impact that decision has on a local economy.

"We're constantly inundated with doom and gloom," says Baxter, now a retail consultant and professional speaker. "The system is broken, the banks are frozen, the economy is bleeding. "That's all we hear. The images painted by the media are ghastly and devoid of hope. What we need - what we crave- as a nation is to pinpoint areas where positive change can occur, then feel good about having promoted them."

By early March, she'd decided enough was enough, and that it was time to give retailers ammunition to fight back with. Rather than get tangled in complex messaging and deployment, Baxter combined a straightforward theme, a free flyer, and her blog as the mechanism to launch The 3/50 Project.

"We ask consumers to think about which three stores they'd miss if they disappeared, then remind them to return there," explains Baxter. "Shoppers have become so rooted in thinking about the essentials that they've forgotten about the little gift store on the corner whose owner remembers their name."

"Fifty comes from the idea that if even half the employed population spent a mere $50 per month in a locally owned retail stores, those purchases would generate more than $42.6 billion in revenue," she continues. "That's a huge impact for a relatively small investment."

Which leads to a third number on the flyer, sixty-eight- the dollar amount that remains in a community's economy for every $100 spent in locally owned stores. By contrast, only $43 per one hundred remains local when spent in national chains; little or no revenue results from online purchases.

"In essence, the whole thing boils down to 'Pick 3, spend 50, save the economy.' It's really that simple."

Since ease of use was key to store owners jumping on board, Baxter designed a free flyer for participants to download, print on any color printer, then hand to consumers with their purchases. "The idea is to look customers in the eye, put this right in their hands, and say "thank you for shopping in a locally owned store' rather than just pop these in the bottom of the bag and hope someone sees them."

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