About the Campaign
The Problem...Retail Leakage
- In 2007, Monroe County residents made retail purchases of about $4.1 million outside of the county. That is $4.1 million dollars that did not support local business owners, their employees and families.
- Monroe County lost the potential sales tax revenue on that $4.1 million.
- Bringing some of the $4.1 million back to Monroe County businesses supports business success, investment in growth, employment numbers, employee incomes, and tax receipts.
The Solution...BuyMoCo
- Buy MoCo is a countywide campaign supported by the Monroe County Tourism & Economic Development Committee as well as the both the Sparta and Tomah Area Chambers of Commerce.
- The goal of the campaign is to increase in-county retail sales by 10% as a result of citizens shifting their current out-of-county retail spending into the county.
- We will accomplish this through
- Educating Monroe County citizens on why, how, and where to buy local.
- Assisting Monroe County businesses in local marketing.
- Educating local government entities on options for buying local.
What can residents do to get involved?
- Take the iBuyMoCo pledge.
- Your responsibilities: Pledge to shift 10% of your out-of-county spending into Monroe County on iBuyMoco.com.
- You receive: a iBuyMoco.com window cling and keychain card along with ideas and incentives to increase local purchases.
How can businesses get involved?
- Register your business as a supporter of Buy MoCo.
- Your responsibilities: Register your support for iBuyMoCo at iBuyMoCo.com.
- You receive: a iBuyMoco.com window cling and keychain card along with marketing flyers and registration postcards to share with your customers. Access to local marketing ideas and free admission to a local marketing campaign event in 2009.
The potential impact:
- A 10% increase in retail spending in Monroe County will increase industry sales by $5.5 million ($4.1 million directly and $1.4 million indirectly),
- increase employment by 100 persons,
- increase personal incomes by $3.5 million, and
- increase municipal tax revenues over $700,000.
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