Retail and Service Business Mix in Wisconsin’s Downtowns – Full Report

Written by Bill Ryan, Beverly Stencel, and Jangik Jin, this paper analyzes the number and types of downtown retail and service establishments in Wisconsin’s cities and villages. It provides a snapshot of street-level business activity to stimulate ideas about business expansion and recruitment. The analysis of retail and service mix serves as one source of the baseline data required for a comprehensive community business analysis. It is one tool in a spectrum of techniques available for the analysis of local demand and supply.

Read More...

“Buy Local” Campaigns and Economic Research

Incorporating good economic data and research into your “Buy Local” campaign can have multiple benefits. This article outlines how economic data can strengthen the development, implementation, and evaluation of a buy local campaign. It will focus on economic data related to demographics, “what-if” economic impact scenarios, and evaluation data. The first step in determining what data you’ll need is to be specific about what questions you need answered. These questions might include: what is the income range of the people who are already shopping at our local businesses? How much do they typically spend at these business locations?

Read More...

Evaluating Your “Buy Local” Program

This article guides you through an evaluation of your Buy Local program: Has it made a difference? Are people buying locally? Is your community’s economic base more stable and secure because of this effort?

Read More...

“Buy Local” Campaigns – Getting Started

The “Buy Local” movement continues to gain traction in communities across the United States. Local business and downtown advocates are finding common cause in emphasizing buy local strategies as part of the community’s overall economic development plan. But how does one go about actually developing a “Buy Local” campaign? The following steps are intended to provide a framework for developing your buy local campaign. While they are presented sequentially, your group will likely be addressing more than one step at a time.

Read More...

Backdoor Retailing – Alternatives to Traditional Storefront Sales

Based on many downtown examples, firms with significant backdoor operations are usually stronger and stay in business longer than other firms that rely solely on traditional storefront sales. Moreover, these merchants are not inclined to passively wait for shoppers to come to them. They are more likely than other merchants to be savvy about social marketing conducted both face-to-face and online. This is not to say that they are untouchable by economic down turns. In addition, the reduced dependency on downtown customer foot traffic potentially makes these firms less tied to their downtown locations. Nevertheless, backdoor retailing is a strategy fitting for many downtown businesses and complements a downtown association’s business retention and expansion efforts.

Read More...

Public Markets, Street Vendors and Downtowns

Public markets and street vending can help communities revitalize their downtown. Street vending has historically been a large part of the American economy, but went into a period of relative decline following the 1920s. Street vending is now returning as a way to help entrepreneurs create viable businesses because of their low start-up and upkeep costs. Street vending also has positive spillover effects that can benefit existing storefront businesses.

Read More...

Revitalizing Downtown Retail – Finding the Right Tenants in a Changing Market

As a result of the economy and changes in the retail market, it is important that downtown tenant recruitment efforts recognize changes in consumers and competition. A generic retail recruitment formula does not work downtown. Carol Gies of 4Insights, Inc. shared her perspectives on this topic at the International Downtown Association 2009 Annual Conference in Milwaukee.

Read More...