Smokescreen-Icon-292x   YouTube-social-squircle red 48px
March 17, 2016
Chamber Offers Resources To Help Grow Retail In Law. Co.
View this email in your browser
 

CHAMBER OFFERS NEW RESOURCES
TO HELP GROW RETAIL IN LAWRENCE COUNTY

The Lawrence County Chamber of Commerce is working with retail development firm Retail Strategies to increase retail opportunities in Lawrence County. “Retail Strategies is a full-service consultant firm that develops and implements long-term commercial retail real estate strategies for municipalities,” explained Retail Strategies. “Our company mission is simply to make connections between the public and private sector that would not otherwise happen. Our process is to inform, educate, market and create opportunities.”

 In addition to the identification of potential future retailers, another primary focus of this relationship is to provide market research, including inventory development assistance, to our existing retail businesses. Through Retail Strategies, the Chamber is now ready to provide assistance to existing retailers, including:

  • Demographic Reports
  • Consumer Expenditure Reports
  • Consumer Attitude Reports
  • Retail Gap Analysis

Demographic reports give businesses an idea about who their average customers might be by detailing: age by gender, age by income, household wealth, consumer behavior, and income information. This information can help business owners determine their marketing strategy and product offerings. The gap analysis, consumer expenditure and consumer attitude reports provide information to businesses about what items are being bought by Lawrence Countians outside of the county. This information is important in helping businesses determine what specific products they should carry, how they might place the product within their stores, and what products they might consider dropping in order to maximize profit.

This information is available to all existing businesses in Lawrence County, as well as those interested in relocating to Lawrence County. To learn more about how your business can benefit, contact Ryan Egly at the Lawrence County Chamber of Commerce. TEL: 931-762-4911 or This email address is being protected from spambots. You need JavaScript enabled to view it..