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Bringing Retail to Underserved Markets

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Title: Bringing Retail to Underserved Markets


1
Bringing Retail to Underserved Markets Plugging
Retail Leaks
2
About Buxton
  • The industry leader in customer analytics and
    site selection to the retail industry
  • Ernst Young Entrepreneur of the Year 2007
    Southwest Area winner
  • Named The Site Selection Whiz in 2006 by Retail
    Traffic Magazine
  • 450 cumulative years of retail experience
  • 1,500 clients
  • 300 community clients
  • Our communities have recruited over 15 million
    sq. feet of retail
  • We Speak Retail!

3

Identifying Customers
4
Key Steps in Strategy Development
  • Step 1. Delineate Your Trade Area
  • Step 2. Identify and Profile Your Customers
  • Step 3. Match Customers to Retailers
  • Step 4. Provide Customized Marketing Packages

5
Step 1. Delineate Your Trade Area
Types of Trade Areas Compared
6
Step 2. Identify Profile Your Customers
  • Traditionally, locations were selected based on

7
Step 2. Identify Profile Your Customers
For retailers Its Customers, Not People
  • Now, customers can be identified based on
  • Lifestyles
  • Purchase Behavior
  • Media Habits

8
Buxtons Customer Data
In-house data on over 116 million households, up
to as many as 6 individuals in each household
27 Terabytes of online data capacity managed in
our state-of-the art technology center
9
Census Profile
Step 2. Identify Profile Your Customers
  • Customer One Customer Two
  • Age 40 Year Old Male 44 Year Old Male
  • Income 42,000 Income 46,000 Income
  • Ethnicity Caucasian Caucasian
  • Marital Status Married Married
  • Kids 2 Children 3 Children
  • Education Post-graduate degree College Graduate

10
Step 2. Identify Profile Your Customers
Psychographic Profile
  • Customer One Customer Two
  • Owns iPod Power Boat
  • Eats Boston Market Chilis Grill Bar
  • Reads Barrons Field Stream
  • Watches PGA Tour Country Music TV
  • Drives BMW 5 Series Dodge Ram
  • Drinks White Wine Bud Light

11
Step 2. Identify Profile Your Customers
All U.S. households fall into 1 of 66 customer
segments
12
Step 3. Match Customers to Retailers
This profile represents the makeup of a community
Core Customers
13
Step 3. Match Customers to Retailers
A retailer profile is then compared to your
community profile. The blue bars represent the
core segments for the retailer.
Core Customers
14
Step 4. Customized Marketing Packages
Custom Retail Trade Potential
15
With CommunityID You Have
  • Immediate Competitive Advantage
  • A Retail Economic Development Strategy
  • A Partnership with Recognized Industry Experts
  • A Marketing Program Ready to Execute

16
In 60-Business Days You Can
  • Aggressively Market to Retailers You Select
  • Begin to Reduce Retail Leakage
  • Increase Sales Tax Revenues
  • Build a Stronger Retail Sector and Economy

17

What is the Next Step to Move Your Retail
Development Forward?
18
www.buxtonco.com Email buxton_at_buxtonco.com 817.33
2.3681
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