The model runs in two modes:
i an impact study for a single location
ii a forecast for the whole country (CES and partners only)
In an impact study, the user can:
- select a location
- select a development scheme and change its characteristics (floor space, opening date, etc)
- set up a new scheme in the chosen location – specify its floorspace and other characteristics
- specify a new shopping location and associated development scheme
- create and display a Google map of territories in the catchment area of the chosen location
- output results for ten years ahead – shoppers, spending, leakage to competing locations etc.
The model is a version of a gravity-type model in which the flow of shoppers from all residential zones (postal sectors) to shopping destinations depends on:
- The propensity of shoppers to travel different times and distances to shop.
- The attractiveness of alternative shopping locations ( which is a function of size, and many other factors – such as parking, layout, presence of key retailers, etc) and/or derived from past time series of shopping developments and surveyed change in shopping patterns.
The model ensures the number of shoppers adds up consistently to the total shoppers in each residential zone (postal sector) and the travel function is calibrated to to minimise the difference between calculated and surveyed shopper flows.
It can be run on a non-food shopping system , or on a grocery shopping system depending on the data available.
Link to the model – (requires password) http://22.214.171.124/