GIS@market
Saurabh Mishra
Assistant Editor,GIS Development
saurabh.mishra@GISdevelopment.net
North Arizona University
(College of Business Administration)
has started MBA
in GIS. At University of Redlands, School
of Business, students can customise their
MBA by electing an 'Emphasis' in Geographic
Information Systems (GIS);
Finance, Global business and Information
systems being the other three.
UK's Coventry University too has
MBA in GIS! Geotechnologies are moving
to business, read retail and marketing.
GIS is taking roles beyond its traditional
use by public and related government
agencies to businesses analyses
that enable movements in the marketplace.
It was couple of years back that Levi
Strauss, North America was on the
look out for a cost-effective solution to
manage the growth and approval of
new authorised retailer locations. It
wanted a tool that would geographically
display its existing authorised
retailers, potential retailers, and the
customers the distributors serve. This
objective was to ensure that new
stores do not impact the sales of existing
stores adversely. The company's
Sales Center started using BusinessAnalyst
of ESRI. The solution streamlined
its review process of new retailer
applications that allows it to see
prospects geographically in relation to
existing stores. It reduced onsite visits
to new retailers, accurately modeled
locations of existing and potential
retailers and provided quick analysis
that was repeatable with same evaluation
criteria for each prospect.
Geomarketing, which in simpler
terms means marketing analysis using
geolocation (geographic information),
also includes physical analysis of sales
and service
issues. It is
about bringing
maps together
with critical
data on customers
to gain
better insight
on how and
whom to target
the marketing
efforts. Starting
from the background
of various
research
and application
fields, such as
geology, economic
geography,
urban
planning and
environmental
technology, GIS has evolved continuously
and achieved a high level of
maturity. The movement to business
might be attributed to the pushed-up
business scenario world-wide (consumerism)
as a result of globalisation
and opening up of economies. With
the terms "sales-engineering" and
"market analyses" coming on the centre-
stage, businesses are vying for
solutions to get the two working for
profits. Added to this the fact that 80%
of the data that an organisation uses
has spatial component, GIS have its
wider role cut out. As opined by 64% of
the business executives, as part of an
international survey, Location Intelligence,
which may be taken as the subset
of Geomarketing, largely improves
business processes. The survey carried
out last year by the then MapInfo in
collaboration with Businessweek
Research Services also mentions that a
3rd of these executives have GIS-based
solutions in the pipeline. It is also
interesting to note one more result of a
survey that says more and more GIS
players are now moving to develop
location-based services and applications.

http://www.geoconcept.com/?574/Geoptimisation
Map-overlays enable market and
company-specific data visualized and
structured that thus can be directly
related to the tasks of sales and marketing,
further enabling their optimization
(Geo-optimisation; see box).
A reliable and updated data handled
by means of GIS massively supports
the entire sales process. This in turn
guarantees improved customer orientation
and productivity.
Typically, Business GIS (term used
interchangbly with Geo-marketing) in
sales and marketing process leads to
study and analysis of
i) Geography - topography, infrastructure,
economy, culture - at local,
regional and global level
ii) Market factors - Offering answers to
where can I find more of my best customers;
Where are competitors impact-ing my business? Where is my newest
product or service most valuable? The
decision support is offered while going
for new locations and distribution
points.
iii) internal corporate factors, such as
the location of production plants, purchasing
and delivery stores and
branches
An interactive thematic map application
presents geographic sales and
marketing data that proves useful in
many situations, as:
i) comparison of
sales to historical results or to budgeted
plan by geographical area
ii) regional/
geographical comparison of market
share and price point data
relative to the products of competitors,
iii) evaluation of the influence on
local sales of regionally targeted advertising
or promotional campaigns,
iv)
comparison of the effectiveness of
sales person calling efforts by geographical
area, and
v) quick preparation
of exhibits to present financial
performance in a map format. A GIS
solution can be linked to a marketing
organization's ERP/ accounting system
so that GIS reports for marketing
analysis can be generated as automatically.
www.tatukgis.com/products/custom/
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