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Res-2019-014 EDBA
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2019-01-15 10:00 AM - Commissioners' Agenda
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Res-2019-014 EDBA
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Last modified
1/18/2019 9:36:53 AM
Creation date
1/18/2019 9:35:17 AM
Metadata
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Meeting
Date
1/15/2019
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Alpha Order
p
Item
Request to Approve a Resolution for the 2019 Distressed County Sales and Use Tax Infrastructure Improvement Program Agreement with Ellensburg Business Development Authority
Order
16
Placement
Consent Agenda
Row ID
50670
Type
Resolution
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2.1.2 Trade Area Definition <br />Although the number of visits provides an overall view of customer origin, a more accurate way <br />to evaluate customer loyalty is to frame customer visits in the context of the population of each <br />zip code. This method corrects for zip codes that have exceedingly large or small populations <br />that might skew the market penetration data. The primary trade area (PT A) is the geography <br />where the most loyal and frequent customers to community businesses reside. <br />Tables 1.1 and 1.2 reveal customer visits per thousand residents, showing an index that allows <br />for an equal comparison of market penetration per zip code. It shows customer visits per <br />thousand people for the highest representative visits to the Ellensburg community during both <br />survey periods in 2015. <br />Visits per <br />Name Population Vialta . ThoL1$and <br />~N$1 E I .i 2~h - <br />el "' (JU ~Q !F. 3002 150 1 5 <br />C«itral Wuh ngton Univ 11.799 71 60 <br />k1t1 1 , 20 1_ <br />C S um .12 9 46 (j <br />Table I.I: Customer visits per 1,000 population in July o/1015. <br />Zip Name Population Vlaits VieitaPer <br />Thousand <br />Q& JI 'llbU,vlNSIDe .774 708 :, .. . , <br />~89 26 ~Outside ~ ,00 -1a 168 <br />cwu Central Wahington U 11,799 388 31 .0 <br />34 ~ 1,683 78 4-93 <br />1.2 Cleeium 1,1:tQ 78 2 <br />Table 1.2: Customer visits per 1,000 populatlon in October of 2015. <br />Detennining the primary trade area can sometimes be more ''art" than science. At times, <br />significant bteak.s in customer visits are not obvious. In Ellensburg's case, the division is clear; <br />Ellensburg. Kittitas, and Cle Elum emerge as the "most loyal., zip oodes for area businesses and <br />are thus identified as the primary trade area. Additionally, visits from Central Washington <br />University students also fall into this range during the October survey but not the survey <br />conducted in July. This suggests that for the months that school is in session, CWU students <br />contribute significantly to the E1lensburg marlret. <br />8
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