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Target Marketing
Home computing
is a fast-growing and competitive area of retailing. Sarah manages
an up-and-coming retail computer store. She realizes the need
to get the word out about the store's product line, but at the
same time is faced with limited resources to put together an advertising
campaign. She figures that she has only enough money to send out
10,000 flyers advertising the store's next major sale.
In order
to get the most value for her money, Sarah wants to mail flyers
only to her best, core market. This includes parts of the city
that
1. Have high
education levels, and
2. Fall within
15 km of the store
Which neighbourhoods
should receive the flyers? The ability of location analysis to
quickly analyze large amounts of community information makes it
a natural to help solve this problem.
Sarah uses
location analysis to identify the city neighbourhoods that fit
her two criteria. A colour theme map (where light areas indicate
a poor market, and dark areas a good market) quickly shows where
her best markets are:
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