market analysis

Collaborative Downtown Market Analysis and Benchmarking Workshop Held in December

Screen Shot 2017-02-03 at 1.51.06 PMAs a partnership between the Connecticut Main Street Center, UConn Extension and the University of Wisconsin Extension six communities and several state agencies attended a workshop on December 2, 2016  to learn how to conduct a downtown market analysis.  Nationally known downtown expert and Community Business Development Specialist Bill Ryan and UConn Extension Educator Laura Brown co-presented the morning agenda which included an overview of ways to use existing data to better understand downtown trade areas and market potential.  John Simone, from the CT Main Street Center led a discussion in the afternoon about what data might be needed to benchmark success and demonstrate how downtowns are changing statewide.  Based on an evaluation of the 14 participants many felt the most effective part of the workshop was learning about new online tools like the Downtown Market Analysis Toolbox, Canva & On The Map.  If you weren’t there, you can explore the tools presented in the workshop here:

 

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