"One of the most grossly misunderstood aspects of downtown revitalization is the importance of market analysis. It baffles me that even among the most sophisticated merchants there is so little commitment to understanding the market."...Surveys, while a necessary part of market analysis, are not sufficient. Very often the survey work, itself, is substandard because it usually focuses on a customer survey of the downtown. What we really need are surveys of the customers in our nearby shopping malls and of people shopping in other downtowns in order to learn about their preferences, whether they also use our downtown and about other pertinent information. We need to survey/inventory the business mix of our nearby competitors and complimenters, and we need to survey contemporary marketing information such as national trends that influence shopping habits." (Stitt, p. 20.)
One of the best analyses of downtown revitalization ever written may have been a letter to the editor of a local paper from a disgruntled resident.
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