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HomeMy WebLinkAbout2/23/2005 - STAFF REPORTS (3) r�rr�rr�!.�r�rryl�� Palm Springs, CA Who N &M-01 '? Community/D Phase 11 • Customer research firm specializing in retail site selection • Over 450 years of retail experience • Analyzed every type of retail,restaurant and service concept �p • Over 2.5 billion square feet of analysis in 2004 ,aDRN • Over 1,000 clients including retailers,restaurants, developers and communities February 2005 We Sneak Retail! ay� Z31o5 3i5T�-1$� ,4T f-t�Tln1C� 1 r�rnrn�ni{yl�' r�rnrri!�r�rr yl What is CommunitylD? Where is CommunityfD? Retailer Matching ro =# • Matches the specific retail and restaurant concepts to the buying habits and Iffestyles of y the consumers living in your trade area Unique Program Y= • Is the only p►ogram of Its kind that can -_ factual identify exactly which concepts _ should be in your community N CommunitylD present Over 100 Communities in 28 States 2 CommunitylU Communitylll' Is a two-phase retail recruiting system: In Phase 1, we determined and analyzed the trade area by: Phase 1: Retail Trade Area Determination Defining the drive-Hme trade Phase 11: Identities retailers and area of three sites in Palm provides an executable Springs marketing system Profiling the Iltestyles and __3 buying behavior of the consumers in your community 3 CommunityLO' CommunitylDl' Phase II In Phase II, we: • Incorporated the drive time trade Purpose area for Site 3 from Phase I To identify retailers and restaurants that best fit • incorporated the household the market trade area profile of the consumers in this trade area Application • Matched speck retailers with The City of Palm Springs can now focus core customer profiles that are resources on recruiting specific retailers that like your households _ _- match the trade area's consumers. • Will provide retail recruiting packages customized for each target retailer 4 CommunitylD' Drive-Time CommunityllY Drive-Time Drive-Time Technology More accurate trade areas are created Incorporates speed limits,stop signs and signal using drive fime data and technology lights,road classifications,time of day,as well as other factors Consumers think in terms of convenience, Accurate) determines shopping based on how long it takes to drive to y a given store versus the distance to said store. the amount of time a customer would spend s Trade areas are more i to drive from home to accurately depicted utilizing the retail center „w drive-time polygons,not radial rings. .' Shopest route l- 'M �_ @UkuhtltlAn _ _ _ eachhoua�hotl- _ - ti 5 Palm Springs Palm Springs — Retail Site 3 camwtyd This map depicts the Site for Analysis: .�- location of the retail site Site 2 Is located at the _ u that has been evaluated intersection of Palm In Phase it(Site 2-Desert Canyon Drive and _ Fashion Plaza). - Tahqultz Canyon Way on the western side of , - the city.The primary trade area for this site MewTyM1e consists of a fifteen .d° minute drive-Hme. ' 6 Household Profiles Palm Springs Overview Households in the 15-minute trade area were profiled Brief Segment Description based on their lifestyle habits and purchasing behaviors. Segment 30 • Seniors living in suburban areas • Likely to travel domestically 15+nights,a year Likely to have social security deposited Contains the largest share of civilian veterans II 3,61e V% v 3,017 s.t% J 2c 1,633 We know where they live and the activities they enjoy. is 31Iw 3.9% 1 3 9.W3 eea member oiawUron club 211 tx 2 llNv e�[Mnrbate! t'!5 31 10,338 36.3% 3 ECa[SYro ,. ti5 a0 3,339 9E% a H. rtessbnal cleaned 155 5 Hwe taken asmiseln tiw lss[th�ee ears 115 n r.n..•a�..�.eu....nv.... ..o.........a.n«.....o OYK 1Xp cE esanimNxad 7 Palm Springs Overview Palm Springs Overview Brief Segment Description Brief Segment Description Segment 39 Segment 40 • Seniors with some young adults • Young,single parents and seniors • Live primarily In renter occupied housing • Typically renters • Enjoy primetime television • Shop at convenience food marts • Ranks high in owning a hatchback automobile • Have made several home furniture purchases In the last year We know where they live and the activities they enjoy: We know where they live and the activities they enjoy: 1 - Ert atilillaGeaah � 1,35 ��1 Eat at9wicUM�In r 1i4 2 Uaaalauntlmmat-- �9 2 Ikapr6pmd Who oaNa IM 3 imH damvaGcvif 15+M htc r:car - 133 } £tafP .fohRa 124 l Pu�haae n'st FIRa - 1S8 4 Fla--adtbaR 1m E_ axrtaaMraro r 12e 3 - PJ2MaM OaSaalaatEhea - M - OVKYIIW. _ Wlal aRltMaYltl a'KSL00 tar Drip an irMavad 8 Trade Area Demographics Matching Retailers to Households Recommended Retailers :ao9 PrgeNOP 1aew 3W9 a.ryLroe� n,ve 2oo9 9s,bu 203 99,1e1 ce.,-+ +'c..�..m•. Caro 2WOQuu Wj,369 2NOCmu 37,3W 6=3 ��wnNxrL..e•uaa un !MC— )S,bl 1990 Ceuu 33.178 x.Nwr�.r:hP.a Z. GromM1from l9N-20]0 19A9% GttwA Rvm IM-2000 15.93% Mmu'Ic SIS wL oe WgLit/gL� 6W PmImJryM'WL,gq•4fnnee itp OFMuICUYLRpn• (]5 From 1990 to 2000,the population of the trade area P�nMM'TWrM. IN Increased from 179,446 to 189,620, a 5.677.growth rate. m • .-.. �L wo„L�•ryp..1 I.M G:k Svn. 755 Wwm',M,a�.,4�rMa 9u• 1G Wamn'• vl.Neuen•• III 9 Match — Men's/Women's Apparel Non-Match — Home Decor/China Profile Comparison Profile Comparison hues-nwdn lis hw.am n.yn SR-xv _ � yes�rr Ps.ao r p ;r t i Thts mlaper to locate in enclosed supxrepicnal math.enclosed ThLMPperp .mnioloaateinthe downtown/eeMrd business didci, rylendmoYsI s,"eenlen,community ahlp anlw%dewMown/aenhal mdovd-Oau al maps,cultist amen and beestanding lccaHona businew dlshid,hwslandinp locapaw,and airport/ho afon anfwa Portion and. co-hs.0h am wpod nwdeupofhWd, scunss Wlts,mA re_pnlesred.Then custcnw bomb Pscald pnHLTh Theo cudomwfw in and made up of hiphfnoome adults,mMat.They ewr.Mly I.W.in and have h o plan me children,teens,and adopt They..My opewl.m and have plan lorfulun ezpansien in California and lhrw+phe l.! hend d the PlSiaot.Ix eN+onaon in Capfemia and lhroupherut the ms1a11M VMlad us, 10 Second Home Owners Household Profiles Tourism Household Profile Sa�JN�Own Twl� Zto)Mllilt��' F I Ato XW PmapemHome 1{ MWae Yeua i 12 AG 2f Oe T4JTWn le MXGti[ 11 Retailer Specific Marketing Report Custom Recruiting Package - • Marketing packages addressing specific `L_ retailers • Integrates all aspects of the CommunifyID analysis to create a = _ comprehensive toot for _-; attracting retail u - 12