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BID Business Plan 2017-2022 ONLINE

Bournemouth Coastal BID proposals 2017 - 2022

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Retail<br />

LEVY PAYERS<br />

46% BY NUMBER<br />

20I7-<strong>2022</strong><br />

£2,026,400<br />

The retail sector is undergoing<br />

dramatic change and evolution.<br />

Success comes from offering a<br />

combination of channels through<br />

which consumers can experience<br />

and buy. 71% of consumer journeys<br />

begin online, with 42% buying via<br />

the web. 18% start in a shop, with<br />

31% purchasing in store. The<br />

Coastal <strong>BID</strong> is able to develop<br />

partnerships across the retail<br />

spectrum offering benefits to all.<br />

45<br />

“The small independent trader<br />

needs all the help we can get<br />

these days to retain our<br />

competitive edge.”<br />

FINANCE 1%<br />

29% RETAIL<br />

“The Coastal <strong>BID</strong> has<br />

delivered a safer,<br />

more animated<br />

environment in which<br />

we can do business.”<br />

All <strong>BID</strong> businesses.<br />

Key Sectors by percentage rateable value.<br />

49%<br />

OF SURVEY RESPONDENTS SAID<br />

<strong>ONLINE</strong> SHOPPING<br />

IS IMPORTANT TO THEM<br />

YET 63% GENERATED<br />

LESS THAN 20%<br />

OF THEIR TOTAL SALES <strong>ONLINE</strong><br />

“The Coastal <strong>BID</strong> has delivered<br />

high impact marketing and<br />

promotional activity, which we as<br />

a traders organisation simply<br />

couldn’t afford, resulting in<br />

significant increases in footfall.”<br />

“The Coastal <strong>BID</strong> has enabled<br />

us to extend our marketing<br />

and tap into a huge range of<br />

new events which have helped<br />

us increase footfall to the<br />

Sovereign Centre.”<br />

PETER RUSCOE<br />

Sovereign Centre Manager

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