Build a foundation with local business |
| By Kathy Cruz |
The importance of building and maintaining a local foundation.![]() I recently visited a client’s shop in a tourist town. Within a few minutes of my visit, she said something that stopped me in my tracks: “We rely on the ebb and flow of tourism.” She mentioned how many neighboring businesses have closed over the years and how hard it is to build something steady when your revenue depends on the unpredictable rhythm of travel. Focusing on localsTourism is a gift. It creates volume, momentum and the kind of busy energy many retailers work hard to earn. At the same time, it can also create inconsistency, and inconsistency makes a business harder to manage. Inventory is a bigger gamble, staffing gets tricky and cash flow becomes unpredictable."When a store serves both tourists and locals, it stops feeling seasonal and starts feeling sustainable."Shopping like a localLocals don’t shop like tourists, though. Visitors want memorable, one-of-a-kind items that represent their trip. Locals want something else: connection, community and a reason to return. They become regulars when a store gives them a place in the story.Strong in every seasonTourist traffic doesn’t need to be replaced. It becomes more powerful when it’s supported by a local strategy.Although tourism comes in waves, community is constant. Tourist business can bring peak sales, while local business helps a store become a community staple. When a store serves both tourists and locals, business stops feeling seasonal and starts feeling sustainable. Kathy Cruz is a retail business coach and host of the Savvy Shopkeeper Retail Podcast. Reach her via email at: kathy@savvyshopkeeper.com. Learn more on her website, www.savvyshopkeeper.com and Instagram @savvyshopkeeper. |

