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    Home»Arts/Lifestyle/Culture»The role of university markets in promoting small businesses and sustainability
    Arts/Lifestyle/Culture

    The role of university markets in promoting small businesses and sustainability

    Ivy SwibelBy Ivy SwibelAugust 27, 2024No Comments3 Mins Read

    The UOW markets might provide a fun diversion for students from studying each fortnight, but it also helps build small local businesses.

    The markets allow artisans to connect and bond with their customers, with the products on offer reflecting their passion and craft of their makers.

    UOW student Ruby Moore shops at the markets regularly and enjoys not only discovering new products but also conversing with the stall owners.

    “The stall owners see me every fortnight and know I shop at the markets every second Wednesday,” Ms Moore said.

    “They always say hi to me and really value their relationship with regulars.”

    This direct-to-consumer model allows artisans to receive immediate feedback and build relationships which is invaluable for small businesses looking to grow their brand and maintain more sustainable practices and higher-quality products.

    The presence of these markets on campus also enriches the university experience by fostering a vibrant community atmosphere.

    These markets provide a break from academic life, offering a space for social interaction, discovery, and inspiration.

    For students and staff, browsing through stalls filled with handcrafted jewellery, unique clothing, homemade cupcakes, and one-of-a-kind books is not just shopping—it’s an opportunity to engage with the local culture and support creative endeavours.

    Local markets also encourages students to be more eco-minded and intentional in their shopping choices.

    A National Australia Bank (NAB) research initiative last year found that one in five small and medium business owners plan to enhance the sustainability of their business within the next two years. The same research also revealed that one in four consumers prioritise sustainability and would choose a more sustainable product, service, or brand if available.

    NAB Executive for Business Metro Julie Rynski said the findings were in line with what she hears directly from customers.

    “There’s a growing recognition of the importance of sustainability not just for the top end of town, but also for smaller businesses in our cities and regional towns,” Ms Rynski said.

    “Our customers increasingly want to address climate change and improve their business operations while reducing costs at the same time.”

    The UOW markets will be on again Wednesday, September 4.

    The UOW Wednesday market is vibrant hub of creativity and community. In this video, we explore the stories behind the stalls, speaking with two passionate market stall owners who share their experiences of bringing unique handmade goods to campus and connecting with students. We also hear from a student customer who regularly shops at the markets, sharing why she loves supporting local artisans and discovering new treasures.

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    Ivy Swibel

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