You’ve probably seen how some cities (like this and this) have attempted to rein in local dollars and boost their economies with campaigns for buying local. We have our own push here with Local First Arizona, a non-profit group promoting your support of locally owned businesses throughout the state.
But apart from this move to nurture small businesses such as nurseries, nail parlors and ethnic restaurants, there is a lot of money moving out in terms of … advertising. Park & Co have put together a microsite featuring nine agencies (apart from Park&Co), with a push that urges companies to rethink where they s(p)end their dollars.
“You buy local produce, seek out locally owned stores, and drink local wines. So why go to other markets like L.A. for your advertising? Phoenix agencies offer a wealth of talent, from brand strategy and development to internationally award-winning creative, as well as innovative interactive campaigns and Hollywood-caliber film and video production. And you don’t have to look far.”
As Time magazine once put it, the buy-local trend “enhances the ‘velocity’ of money.” But most people only think of products, not services, says Park Howell, who says that it is time to focus on buying local business services, specifically advertising, creative and communications. “We’re promoting our competition because we’re big believers in a rising tide lifts all boats. There’s plenty of business to go around, so keep it local.”