Program Successes
For the past 9 years, the community of Strathroy, Ontario (population
13,000) have been using “Downtown Dollars” with spectacular
success. The very first year they transacted $2,000.00 and incrementally
increased the amount every year. In December 2005, they provided
a WHOPPING $70,000 in “Downtown Dollars” to local
residents.
In fact, it created a consumer frenzy whereby customers were lining
up at the bank at 7:30AM to collect their dollars before they ran
out. The bank transacted $20,000 the very first day of the 2005
launch. The impact of this venture on the local economy was dramatic.
It created loyalty and an immediate positive jolt to the local economy.
Similarly, the town of Petrolia, Ontario (population 4,844) have
implemented their version of “Downtown Dollars”. They
began their program in 2004 with $2,000.00 and in 2005, they transacted
$3,000 with the help of 3 financial institutions.
What could $70,000 worth of business do for your downtown merchants?
- It could be the difference between surviving and thriving for
most independent merchants in the downtown area.
- With the advances in technology today, it presents an ideal
opportunity to glean the e-mails and other pertinent information
for future direct marketing messages.
Need to know
more about the program? Use our Information Request Form
to let us know about your project.
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