Caron explains the market philosophy to a local student
Duck Pond Market is a vibrant marketplace for independent crafters, food producers and small businesses to sell in the local community. We give you a market where everything you buy comes from a good place be it locally made by independent small businesses, ethically made by Fair Trade companies or charities, sustainably made by eco friendly ventures, vintage or upcycling and interesting items made in Great Britain and not easily found on the High Street.
Duck Pond Market combines the magic of a festival with interesting stalls, local and ethical food, crafts, music and arts — always in a beautiful setting. We launched in 2009 and keep growing! Stallholder costs are kept low to encourage start-up businesses, the vibe is kept friendly and supportive and this shows in the happy and relaxed atmosphere! When you come, remember that nothing at the market is mass produced — it's all made with love — and therefore we cannot compete with mass market prices. Shop nice!
Why shop local?
When you spend a pound locally it multiplies
Locally owned businesses tend to do business with other locally owned businesses and aren’t constrained to buy only from a national distributor. They bank with local banks, advertise in local newspapers and purchase local services such as accounting and printing. Each time a pound is re-spent in the local economy, it’s like new income – creating a “multiplier effect” - rather than this money “leaking out” through remote corporate headquarters and centralised purchasing departments.
Local business owners live and invest in their community. This makes them less likely to leave and more likely to be invested in how their business decisions affect the community.
A more stable economy
An economy composed of many small, locally owned businesses is more stable and often more prosperous over the long-term than one dependent on a handful of absentee-owned companies. Local ownership ensures that businesses are firmly rooted in the community. They are unlikely to move and will do their best to weather economic hard times. Because there are so many of them, the failure of any one will have only a minor impact on the local economy.
Small, locally-owned businesses provide the largest share of net new jobs generated each year and also provide the most stable employment opportunities in a community.
Local Business Owners tend to be local contributors
Research has shown that small local businesses make indispensable contributions to communities and neighborhoods.
Our one-of-a-kind local businesses are an integral part of our distinctive regional character. The unique character of our area is what brought us here and will keep us here and keep visitors coming back. A local economy of diverse, unique businesses also attracts today's skilled workers and investors who can choose to settle and grow businesses anywhere.
Customer Service is better
Local businesses often hire people with more specific product expertise for better customer service.
Competition and diversity leads to more choice
A marketplace of tens of thousands of small businesses is the best way to ensure innovation and low prices over the long-term. A multitude of small businesses, each selecting products based not on a national sales plan but on their own interests and the needs of their local customers, guarantees a much broader range of product choices.
Reduced environmental impact
Locally owned businesses can make more local purchases requiring less transportation and generally set up shop in town or city centers as opposed to developing on the fringe. This means contributing less to sprawl, congestion, habitat loss and pollution.
Is that reason enough? Read more here...