As we continue to watch the economic news and work towards opening the Medford Market, a question seems to keep coming up. What effect will this economy have on our efforts?
The effect of the economy on getting the doors open is the first part. of the question. I don’t have many ideas on that other than to remain optimistic and confident in the progress of the experienced, hardworking people in the ownership and board. The second part of the question is easier for me to comment on. If the economic trouble continues long term as some predict it might, what effect might that have on the Market once it is open for business?
When your income is being stretched as it has not been for some time, it is easy to be discouraged about where things are heading. I remain very optimistic, however, in the success of the store once it is open. I have seen many demographic facts and figures about how the demand for local and ethical food continues to grow. Even in this economy, many co-ops are very successful catering only to a small part of the local populace. The Medford area is quite large and I think a store like the Medford Market can be very successful without needing to attract a large percentage of local shoppers.
But what really gives me confidence in the store’s success once open, is the feedback I have heard from questions I have posted both in forums around the web and in articles I have written. All of my questions have been asked within the past several months, during a time when the "bad" economic news has been in every newspaper and on every news broadcast. It is also on everyone’s mind as they shop for food and fill their gas tanks.
My questions have all been similar to the following.. If you buy sustainable, organic, local, or ethical, (SOLE) products now, will you continue to do so even if the economy does not soon begin to improve? Is it important to you how food is produced and if yes, do you willingly pay higher prices for food you consider healthier or more sustainably produced? The questions have been varied, but the responses have almost uniformly been positive. Even when posting the questions on forums unrelated to food or health issues, there is a notable lack of antagonism towards the questions and the bigger issues involved.
As examples, here are some questions and the answers from polls I attached to a couple of articles I wrote.
Question:
Does it matter to you where you buy organic food?
Poll answers:
Yes, I would prefer to buy from a locally owned co-op or grocery. (71 votes)
No, my first priority is price, not where the food comes from. (8 votes)
Question:
Do you now, or have you ever shopped at a food co-op?
Poll answers:
Yes, I do now and I am a member. (6 votes)
Yes, I do now, but I am not a member. (12 votes)
Yes, not now, but in the past. (15 votes)
No, but I would if I lived near one. (35 votes)
No. I could, but I choose to shop elsewhere. (0 votes)
Now some may say these articles were being read, and the polls voted in, by the very "choir" some of us are at times accused of "preaching to". Maybe the choir is targeted to some extent in these polls, but I suspect the reality is this…. The Medford area has a big enough population so that even if the vast majority of shoppers at the co-op are already members of the choir, that choir is large enough to support a thriving community store, a store that the rest of the community would then most likely welcome.
What do you think? Do you have first-hand knowledge of how the current economic conditions are affecting existing co-ops? Do you have a friend or relative that works in a co-op? Maybe you do? Leave a comment here and let us know your ideas and opinions.