New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids...

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Transcript of New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids...

Page 1: New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids Location Intelligence for West Marine. Dr. Lawrence Joseph. Research Manager. ESRI
Page 2: New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids Location Intelligence for West Marine. Dr. Lawrence Joseph. Research Manager. ESRI

How Tapestry aids Location Intelligence for West Marine

Dr. Lawrence JosephResearch Manager

ESRI Business Summit – July 18, 2015 – San Diego, CA

Page 3: New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids Location Intelligence for West Marine. Dr. Lawrence Joseph. Research Manager. ESRI

West Marine47 Years of History

• 1968 - “West Coast Ropes” in founder’s garage

• 1975 - First store in Palo Alto, CA

• 1993 - Company goes public

• 1996 - Acquired E&B Marinestore count to 152 doors

• 2003 - Acquired 63 Boat U.S. stores

• Today - Expanding the business as a Omni-Channel, Waterlife Outfitter

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265 Stores including Hawaii, Alaska and Puerto Rico

Page 5: New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids Location Intelligence for West Marine. Dr. Lawrence Joseph. Research Manager. ESRI

Customers

• People who recreate on or around the water

– Boating participants

– Coastal lifestyle

– Outdoor activity enthusiasts

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Core Products

Electronics Safety Maintenance Hardware

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Waterlife

Apparel Water sports FishingFootwear

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Small Store

Flagship

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Old

New

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Chicago – May 2015

Page 11: New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids Location Intelligence for West Marine. Dr. Lawrence Joseph. Research Manager. ESRI
Page 12: New How Tapestry aids Location Intelligence for West Marine · 2015. 7. 31. · How Tapestry aids Location Intelligence for West Marine. Dr. Lawrence Joseph. Research Manager. ESRI

Core Departments

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Chicago, IL

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Esri Business AnalystData

– Over 1,600 data variables– Demographics– Tapestry (Lifestyle Segmentation)– Consumer spending– Market potential– Shopping center/businesses– Competitors– Street data

• Drive-time analysis

Customer Profiling– Prospecting

• Admirals• Captains• Adventurers

Sales Forecasting– Modeling– Analogs– Cannibalization

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Distance Decay Analysis

Lifestyle affects distance decay and varies by product

West Marine’s leading Tapestry segment

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Targeted Growth Segments

Growth segments have greater friction of distance…why?

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Contact: [email protected]