Economic Restructuring
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"Scott Day was
really helpful because [he] commented on the [store's]
name and about how it should convey a more fun, colorful,
kid sound. He also talked about what we could do to change
our windows and that we shouldn't have all of our bestsellers
right as you walk in. As a result, sales have gone up
in the last few months, especially for toys and books."
Robin Hendrix
Co-Owner
Totally Kids, Winstead CT |
Business Mix and Cluster Analysis
Before new businesses
are recruited, there needs to be a determination about how particular
businesses can compliment existing business and how they can
share the same customer base. A strong business clustering plan
will place business in the best possible location, thereby building
more traffic for existing businesses. During
this visit, data on downtown's businesses and customers are
reviewed to determine downtown’s strength and position in the
market. Observations
based on downtown's customers, existing businesses, and market
potential are turned into several clustering maps depicting the
ideal location for new businesses.
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