Commercial location development

Commercial location development

Commercial location development (CLD) is a method used by the public sector to position its territory and create good frame conditions for the development of its economy. After having made a thorough diagnosis of the actual situation the public entities design a Marketing strategy of the location, which includes, as in any Marketing Mix, the target groups definition (type of enterprises they want to conserve or attract), the offer, the pricing, the promotion and the sale's strategy. The topic includes the recruitment and retention of the appropriate human capital.

The design of a CLD strategy allows local governments to manage their territorial and economic development accorded to fixed and legitimized goals instead of having to react to single cases and demands in a short time. The concerned territory can be municipal, inter-municipal or larger.

The aim of this page is to present the methodology and tools used for designing a Commercial Location Development strategy.

Contents

Methodology and tools

Territorial diagnosis

The first step consists of assessing the CLD situation at the level of the considered territory. This can be done using both statistical data and interviews of local stakeholders. The collected information is then summarized using i.e. a balanced scorecard (BSC) or SWOT analysis.

Competition analysis

After having identified the main territorial competitors, these ones are then assessed using as far as possible the same tools as for the territorial diagnosis. The results are then compared in order to determine in which topics and frame conditions the concerned commercial location has to improve to enhance its competitiveness versus its competitors.

Benchmarking

Ideas for the new strategy are then developed taking inspiration out of a benchmarking analysis and/or a best practices or worst practices inventory.

Designing of a commercial location development strategy

The strategy is then designed, democratically validated and implemented.


See also

References

External links

COMUNIS


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Commercial Spaceflight Federation — Type Non profit Trade Association Founded 2005 Location Washington D.C. Key people Er …   Wikipedia

  • Commercial agriculture — refers to a process of large scale production of crops for sale, intended for widespread distribution to wholesalers or retail outlets. In commercial farming crops such as wheat, maize, tea, coffee, sugarcane, cashew, rubber, banana, cotton are… …   Wikipedia

  • Commercial Real Estate Women — (CREW) Network Founder(s) CREW National (Commercial Real Estate Women National) Type Women s Organization Founded January 1, 1989 with 11 Chapters and 1,100 members …   Wikipedia

  • Development communication — Development Communication, has been alternatively defined as a type of marketing and public opinion research that is used specifically to develop effective communication or as the use of communication to promote social development. Defined as the …   Wikipedia

  • commercial fishing — Introduction  the taking of fish and other seafood and resources from oceans, rivers, and lakes for the purpose of marketing them.       Fishing is one of the oldest employments of humankind. Ancient heaps of discarded mollusk shells (shell… …   Universalium

  • Commercial Application of Military Airlift Aircraft — A C 17 performing a medical evacuation in Antarctica, August 2007. Commercial Application of Military Airlift Aircraft (CAMAA) is a joint initiative between the United States Air Force (USAF), Boeing, and academia designed as a means to mitigate… …   Wikipedia

  • Mobile application development — is the process by which application software is developed for small low power handheld devices such as personal digital assistants, enterprise digital assistants or mobile phones. These applications are either pre installed on phones during… …   Wikipedia

  • Urban development in Detroit — refers to a series of revitalizations, over many decades, aimed at enhancing the city s economy and quality of life. An early effort, in response to civil disturbance and racial unrest in the late 1960s, was the New Detroit committee, a group of… …   Wikipedia

  • Delhi Development Authority — The Delhi Development Authority was created in 1955 under the provisions of the Delhi Development Act to promote and secure the development of Delhi . Contents 1 History 2 DDA Master Plans 3 DDA Housing 4 …   Wikipedia

  • Grandin Road Commercial Historic District — Infobox nrhp name = Grandin Road Commercial Historic District nrhp type = hd caption = lat degrees = 37 lat minutes = 15 lat seconds = 55.299 lat direction = N long degrees = 79 long minutes = 58 long seconds = 38.2152 long direction = W locmapin …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”