IF every resident in Greater Shepparton spent just $10 at a local business, it would inject around $700,000 directly into the local economy.
But the real impact doesn’t stop there.
Unlike money spent outside the region, dollars spent locally are more likely to be spent again within the community. Local businesses employ local staff, engage local suppliers, use local services, and support local organisations, sporting clubs and events, creating a multiplying effect that can significantly increase the value of the original purchase.
That means a single $10 transaction can help support jobs, strengthen local businesses and organisations, and contribute to further economic activity across the region.
Shopping locally also helps maintain the diversity and character of regional towns. Independent retailers, family-owned businesses, and locally operated services provide employment opportunities and contribute to the vibrancy of shopping precincts.
It’s a simple concept, but one that highlights the collective power of shopping local. Small purchases made by thousands of people can add up to a substantial economic benefit for Greater Shepparton and its surrounding communities.
Whether it’s a morning coffee, a takeaway lunch, a gift, a haircut or a household item, every dollar spent locally helps keep money circulating within the community.
The GMCU $25,000 Giveaway is designed to encourage exactly that. By rewarding shoppers by supporting participating businesses, the competition helps keep spending within the region while giving customers and those participating businesses a chance to win a share of $25,000.
So next time you’re deciding where to spend your money, remember that even a modest $10 purchase can have a much bigger impact than you think, and until July 26, could win you a share of $25,000.
