Where Do You Manufacture Spend
Last week I talked a little about the concept of manufactured spending being local. As I mentioned, people are always telling me how it is dying off and how there simply aren’t many avenues left to manufacture spend.
Certainly we have lost a lot of methods of manufactured spend. Among the most popular are:
But we also gained a few really cool methods, most notably REDbird. While REDbird probably won’t last past this year, it has made the art of manufacturing spend easier than ever. But of course there are so many other ways to go as well.
Manufactured Spending Poll Results
In an effort to show you how diversified manufactured spending is, I put up a poll last week asking people where they manufacture the majority of their spend. Over 2,000 people read the article, however only 191 people voted in the poll. Here are the results:
Where do you manufacture the majority of your spend?
- Grocery stores (37%, 70 Votes)
- Big box stores (23%, 43 Votes)
- Other (16%, 31 Votes)
- Malls (13%, 25 Votes)
- Drug stores (8%, 15 Votes)
- Gas stations (4%, 7 Votes)
As you can see, grocery stores are still the most popular way to manufacture spend and I can tell you why. Every town/city has multiple chains vying for business and most sell gift cards with credit cards. If one store stops selling, there are two or three others ready to step in. There are also quite a few credit cards with category bonuses at grocery stores.
No matter what you take from the poll, it does show that people are utilizing many different avenues to manufacture spend. Aside from REDbird, these days it may take a little more effort to manufacture spend, but there really are a ton of opportunities out there.
Sometimes people get mad at me for posts like this. They accuse me of encouraging people to get into this hobby which they argue ruins everything. I actually think I am doing the opposite. I want people to get into the hobby, but I also want them to learn how to figure things out for themselves. Having new people with fresh minds in this hobby will no doubt lead to the discovery of more awesome ways to manufacture spend!