What Crowdtilt Will Do For Local RI Business
A local clothing store that has been a mainstay of Wickford RI main street for decades (7 to be exact!) turned to Crowdtilt (an on line crowd funding source) to raise money to salvage them from bankruptcy. In less than a month over $150,000 was raised to pay vendors, bring in new fall stock and streamline the store to meet the demands of now. It was just amazing to me that this all took place in a little RI village in southern Rhode Island real estate...that this amount of money was raised in a short period of time because of how past customers felt about salvaging small business America.
Will it make a difference for the long term? Well as they say time will tell but it is an example again how Social Media is so important to all businesses and if you are not effectively leveraging it, you are missing out.
The Wilson family who have own Wilson's in downtown Wickford RI had been impacted by the online shopping pull as well as the malls. It has devastated their business and perhaps the lack of 'keeping up' with trends of the consumer. Their building was facing foreclosure and was bought by a local company Alex and Ani to help them and then rented back to them awhile ago.
RI residents have deep roots in independence and in supporting the little business guy. It is outstanding what has happened here to give the Wilson's store their second chance!
This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ... I sell dreams! Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.
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cell: 401.529.7849 Ginny Lacey Gorman, Realtor