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Category Archives: Part 4: Store Location Planning
Hurricane Sandy’s Impact on the Economy
Please be in a safe, secure place as you read this post. If you are in an affected area, business can wait. According to Evan Gold of Planalytics (a business weather intelligence firm), writing for CNBC: “Hurricane Sandy, a rare, late … Continue reading
Posted in Part 1: Overview/Planning, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together
Tagged Atlantic City, crisis management, economic impact, Hurricane Sandy, natural disaster, Planalytics, retailing, tips, weather
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Consumer Perceptions of the Best Retailers in Eight Countries
OC&C Strategy Consultants, a firm based in the Netherlands, annually does research related to its Retail Proposition Index: 2012 “marks the third year we have produced the Index, a major piece of consumer research measuring shopper perception of the strength of … Continue reading
Posted in Global Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 7: Communicating with the Customer
Tagged consumer perception, customer expectations, global retailing, opportunity, planning, retail analytics, shoppers, trends
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A Geotargeting Case Study
Recently, Mandarin Oriental’s Miami luxury hotel hired iProspect to help it better target prospective customers. It used a location planning technique known as geotargeting to discover more about the surrounding area and better focus its promotion efforts. It also targeted Latin … Continue reading
Posted in Global Retailing, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 7: Communicating with the Customer
Tagged advertising, geotargeting, global, infographic, iProspect, location, Mandarin Oriental, online shopping, promotion, segmentation, social media, strategy, success
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