Kile Martz

Archive for August, 2009

What Recession?

Thursday, August 20th, 2009

Congratulations! You are making a difference!

Flying in the face of a global recession, you grew the Fair Trade business last year. In the U.S., sales of Fair Trade Certified products gew by 10 percent, according to the Fair Trade Foundation in the United Kingdom.

We weren’t even the strongest supporters of Fair Trade. Consumers in Australia and New Zealand spent 72 percent more on Fair Trade products, the highest of any group. Canada increased spending by 67 percent and seven countries increased spending by more than 50 percent. The Brits spent 43 percent more and exceeded the U.S. in spending for the first time.  

What were you buying with all that money? Tea sales rocketed up by 112 percent, cotton products rose by 94 percent, and coffee gained 14 percent in sales.  

Most importantly, how many were you helping by spending dollars to support sustainable production, living wages, and community building? At the end of last year, there were 746 Fair Trade Certified producer organizations representing over a million and a half farmers and workers.  

Good job!

Keep shopping your good values.

Velocity of Money

Saturday, August 1st, 2009

Last fall I was lamenting to a friend and customer about the state of the economy. He said he didn’t think it had anything to do with the amount of money available, but everything to do with the velocity of money.

I understood what he meant right away. There is still money out there. Lots of it, in fact.  The country is awash in stimulus money from residential energy grants, to new infrastructure projects, to cash for clunkers, and that’s just the tip of the pile. 

Main Street needs it’s share of that new money.  As an accelerator of dollars, there is none better than your local downtown businesses. For every $100 spent, about $63 gets recycled through local hands like yours and mine.  

That’s the beauty of the program known as the 3/50 project.  It’s brilliantly simple.  Think of three independently-owned businesses that you would miss if they closed.   Stop at each one and say hello while you pick up something that will make someone smile. 

If you spend a total of just $50 at three independently-owned businesses each month you can help keep them open.  If just half of all the employed in the U.S. spent that much each month it means local businesses would benefit from $42.6 billion in revenue. 

We’re all getting back to basics and there’s nothing more basic than local brick and mortar.  Don’t forget to visit the one’s near you.

Keep shopping your good values!