Are We There Yet?

Places to go, people to see and souvenirs to buy
Magazine Contributor
2 min read

This story appears in the January 2000 issue of Business Start-Ups magazine. Subscribe »

Consumers enjoy collecting proof they've "been there and done that"--that's why there's a gift shop at the top of the Empire State Building and poised cameras capturing terrified expressions on the last dip of every famous roller coaster. And with the strong putting more vacationers on the , researchers have tallied Americans spending $1.17 billion on souvenirs and novelties in the past year, a 20 percent increase from the year before. Americans' love for regionally flavored items, in particular, gives entrepreneurs the chance to counteract the homogeny of huge corporate outlets.

"When people travel, they really want to experience the regional flavor of particular places," says Pam Danziger, president and CEO of Unity in Stevens, . "But today, if you go down any superhighway in the country, it's as though you could be anywhere because the malls and stores are all the same."

Assuming consumers also eschew this monotony, Danziger sees great potential for businesses that create gifts offering some regional flavor. " can, in fact, compete very effectively if they bring that sense of local or historical flavor [to their businesses]," she says. "Here at the end of the millennium, it's time for us to look back on our history and realize there's an awful lot we can learn from tapping into that historical heritage, and people want to do that when they travel."

loading...

More from Entrepreneur

We created the SYOB course to help you get started on your entrepreneurial journey. You can now sign up for just $99, plus receive a 7-day free trial. Just use promo code SYOB99 to claim your offer.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur