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Local spending for a feasibility study, Schemes and Mind Maps of Marketing Business-to-business (B2B)

Local spending of the target market of laundry shop

Typology: Schemes and Mind Maps

2024/2025

Uploaded on 02/09/2025

gretchen-montoya
gretchen-montoya 🇵🇭

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Local Spending
The laundry shop will create a positive ripple effect on the local economy by sourcing supplies and
services from local vendors. When small businesses support each other, the local economy becomes
sustainable and resilient. When the business purchases supplies and equipment from local vendors, it
will help create a market for those vendors and encourage them to continue operating in the area. This,
in turn, will create more job opportunities for local residents and generate tax revenue for the local
government. Furthermore, when the laundry shop advertises its services locally, it will attract more
customers to the area, which can benefit other local businesses as well. For instance, potential
customers who come to the laundry shop might also visit nearby restaurants, cafes, or shops, helping to
stimulate economic activity in the area. By supporting local businesses and suppliers, the laundry shop
will play an important role in contributing to the growth and vitality of the local economy.

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Local Spending The laundry shop will create a positive ripple effect on the local economy by sourcing supplies and services from local vendors. When small businesses support each other, the local economy becomes sustainable and resilient. When the business purchases supplies and equipment from local vendors, it will help create a market for those vendors and encourage them to continue operating in the area. This, in turn, will create more job opportunities for local residents and generate tax revenue for the local government. Furthermore, when the laundry shop advertises its services locally, it will attract more customers to the area, which can benefit other local businesses as well. For instance, potential customers who come to the laundry shop might also visit nearby restaurants, cafes, or shops, helping to stimulate economic activity in the area. By supporting local businesses and suppliers, the laundry shop will play an important role in contributing to the growth and vitality of the local economy.