8 Reasons To Shop Local on Small Business Saturday

Mega e-tailers, like Amazon and Walmart, may monopolize online commerce, but it’s the small businesses across the country that keep the economy going. In fact, according to the Small Business Administration (SBA), the 28 million small businesses in America account for 54 percent of all sales in the country. Small businesses create jobs, build a demand for locally made products, and keep communities thriving. 

Your local small businesses are part of your community’s landscape. That’s where you rub shoulders with your neighbors, where you catch the latest town news, and where you’re always greeted with a warm smile. At a local small business, you’ll be guaranteed superior service and the gratification that comes from knowing you’re supporting the economy in your own community. 

Here at DoverPhila Federal Credit Union, we strongly believe in supporting the community and helping local businesses flourish. Join us in our mission by shopping local on Small Business Saturday and throughout the holiday season. 

Here are our some of our top reasons to shop local: 

HELP CREATE JOBS IN YOUR COMMUNITY
The money you spend at local retailers goes back into your community. When you support these small businesses, you enable them to grow and hire more workers, thus creating more jobs and helping the local economy thrive. 

KEEPS YOUR TAX DOLLARS IN THE COMMUNITY
Why pay to support public services in a town across the country? Let your tax dollars serve your own community by shopping local, small businesses. 

When you spend your money at local retailers, approximately $68 of every $100 spent will be reinvested in your community. That money will go toward better schools, libraries and parks—in your own neighborhood. 

SUPPORT THE AMERICAN DREAM
Keep the spirit of America alive by supporting the American Dream: Anyone can start a business and work to keep it thriving. When you shop local, you’re showing support for the entrepreneurs in your community, those folks who were brave enough to strike out on their own.   

SMALL BUSINESSES GIVE BACK TO THE COMMUNITY
According to Community Business Finance, 92% of small business owners personally donate to charities and nonprofit organizations. Whether it’s a contracting company that sponsors a little league team or a café that hosts an open mike night to raise money for the local soup kitchen, small businesses play a large part in supporting community causes and charities. 

When you shop local, you’re enabling small businesses to continue supporting community charities. 

CELEBRATE YOUR COMMUNITY
Celebrate your community on Small Business Saturday! Spend a delightful afternoon browsing the local shops and talking with customers and small business owners. Ask about their family members, chat about the weather, and revisit all your favorite local hotspots. You’ll reconnect with your community, support its businesses, and rediscover what makes it thrive. 

FIND UNIQUE GIFTS
Skip the overrated, mass-produced items at huge chain stores this holiday season, and find gifts for everyone on your list at local stores. You’ll be rewarded with an array of truly unique and durable items that will make the perfect gifts for your family and friends. 

HELP KEEP YOUR COMMUNITY INTERESTING
Imagine your community with no small businesses, only franchise stores from major retailers and restaurants. How boring would that be? Sure, we need those mainstream retailers and everyone likes a fast food chain they know well, but it’s the small businesses that keep the community vibrant and colorful. They’re the ones running quirky marketing campaigns and hosting online contests that have the entire town buzzing.

You wouldn’t want any of the charming little stores that dot your town’s landscape to be forced to close due to a lack of business.  These stores rely on your patronage! Shop local to help keep those mom-and-pop shops thriving. 

EXPLORE NEW RETAILERS AND RESTAURANTS
What better way to try out the latest haunts in town than by spending the day shopping local, small businesses? Give that new pizza place a try, sample the lattes at the small coffee joint that just opened its doors, and browse through the merchandise at the quaint costume jewelry store you’ve been wanting to check out since its grand opening. It’s a fantastically fun way to kick off your holiday shopping! 

On Small Business Saturday, and throughout the holiday season, give back to the community you love by shopping local. You’ll be glad you did!

5 Scams to Avoid on Black Friday and Cyber Monday

Black Friday and Cyber Monday can be great fun – but they can also put you at great risk. Scams abound on the weekend that heralds the holiday shopping season, and you don’t want a phishing scheme or a bogus bargain to turn you into a Grinch. 

Here are five scams to look out for as you brave the frenzied crowds while trying to snag the best deals after Thanksgiving. 

1. BOGUS CRAZY DEALS 
An iPhone X retailing at just $12? A pair of Ugg boots for $9? These deals sound insane because they are. And yet, thousands of people fall for these scams. And, of course, once the scammers have your credit card information, they’ll use it for their own shopping spree – on your dime. 

Be smarter: Don’t believe any advertised price that is ridiculously low. 


2. GIFT CARDS FOR CHEAP 
In the weeks before Black Friday and Cyber Monday, you might see an explosion of gift cards being sold at online marketplaces for a fraction of their real value. These cards are usually stolen from their real owners, who will likely report them lost. The card will be disabled and you’ll have spent your money on a worthless piece of plastic. 

Be smarter: Don’t buy any super-cheap gift cards 


3. BAIT AND SWITCH
 
Want to win a brand new iPhone X? Just fill out a form with your personal details, and you might be the lucky winner! Your personal details and a site whose authenticity you can’t verify are two things that should never meet. The sweepstakes is just the scammer’s bait to get at your information. 

“Bait and switch” scams can happen offline. Retailers advertise deals so amazing that you’ll find yourself travelling across town to grab the bargains. Once you reach the store, though, you’ll be told those items are sold out, but you can check out what they do have in stock. You may be offered similar, but inferior, products and cheap knockoffs, or nothing you’re interested in at all. These scams are a waste of your time and money. 

Be smarter: Don’t enter any sweepstakes or believe advertisements for heavily marked-down prices on sites and stores you’re unfamiliar with. 


4. DELIVERY PROBLEMS
 
If you receive an email claiming there’s been a problem with the delivery of one of your purchases, be wary. You may be asked to click on a link or download an attachment to arrange an alternative delivery date. Ignore these emails; they’re likely to be scams. If you have a problem with the delivery of your purchase, contact the seller or company directly. 

Be smarter: Never download anything or click on a link from an unverifiable source. 


5. WIRE TRANSFERS
This Black Friday and Cyber Monday, use your credit card. It offers you the most protection against purchases that don’t turn out to be what you expected. A debit card can be a good choice, too, if you’re only shopping at stores and sites you trust and frequent often. 

Never agree to an online purchase demanding payment via money order or wire transfer. These are favorites among scammers since they are similar to paying with cash – once the money has changed hands, there’s almost no way you can get it back. 

Be smarter: When frequenting unfamiliar stores and sites, use your credit card. 

Be an educated shopper this Black Friday and Cyber Monday, and outsmart scammers!