Future Demand Flashcards

1
Q

Future Demand Anagram =

A

PHAEGO

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

P =

A
Population Growth
Biggest contributor to growth
Demand is not static - saturation not true (Langston et al., 2006)
North/South Divide
Measurement:
- LA housing plan
- Long Term Population forecasts
- Vulnerable Areas (Debenham, 2003)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

H =

A
Household Changes:
Customer may change in 10yrs
Ageing Household
Multi-generational
More single houses
Greater Austerity
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A =

A

Ageing Population
Easier to predict - 11.4% of the population over 80 by 2050
Is geographical - South West
Grey Pound:
Affects products - interests, mobility, health
Store Type - convenience
Store Layouts - wider aisles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

E =

A

Ethnic Change
Can be hard to predict - result of political change
Specific Geographies
White Flight
Independent Stores in convenience market (Wrigley and Dolega, 2011)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

G =

A

Gay Market
Pink Pound - 90% of LGBT loyal to this
Co-op Respect Campaign aim to target this group
Slight geographies - e.g. Brighton

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

O =

A

Online Demand
New growth
Is this the death of geography?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Langston et al., 2006

A

Saturation depends on the geography

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Wrigley and Dolega, 2011

A

Growth of independent convenience stores attributed to ethnic population growth

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Debenham et al., 2003

A

Vulnerable Areas

How well did you know this?
1
Not at all
2
3
4
5
Perfectly