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PlaceIQ

PlaceIQ is a leading data and technology provider that powers critical business and marketing decisions with location data, analytics and insights. An early industry pioneer, PlaceIQ has become the standard for fueling better decisions for marketers, analysts and publishers through powerful location-based consumer insights, real-world measurement and attribution. With PlaceIQ, companies can uncover opportunities within the consumer journey by learning about and connecting with location-based audiences, measuring real-world ROI, and applying insights that drive intelligent marketing and successful business outcomes.

February 7, 2022 / Business

SDT: Traffic patterns indicate consumer enthusiasm is returning

From PlaceIQ
Where we sit – in New York and the San Francisco Bay Area – cases are coming down fast. Hope is on the horizon and it looks like the pattern we watched in South Africa and the UK will play out here: Omicron will spike COVID case counts like never before before leaving as fast as it arrived. Looking at these case patterns alongside our foot traffic data, the patterns look very, very similar to the lead up to 2021’s Second Reemergence: a period of sudden foot traffic gains shared by nearly all categories.
December 20, 2021 / Business

SDT: Black Friday spurred a surge of traffic across nearly all verticals

From PlaceIQ
As we come to the end of another year of social distancing, we’re using today’s tracker to share some insights on Black Friday, how the holiday season is faring so far, and what malls can tell us about larger trends and shopper hesitancy. We’re also sharing our recommendations for marketers on how to respond to ongoing shifts and sentiment due to omicron. Comparing the changes social distancing brought to holiday shopping in 2020 vs 2021, one thing is clear: Black Friday had brands rebounding in a big way. Let’s take a look below.
December 3, 2021 / Culture

SDT: Thanksgiving traffic is way back – but what can we expect from Omicron?

From PlaceIQ
We hope you all had a wonderful Thanksgiving, at home or visiting loved ones. Last week, holiday travel surged back to levels just shy of our 2019 pre-COVID benchmark. Compared to 2020 people were more likely to travel, traveled significantly further, and returned to airports en masse. Today, we’ll break down the pilgrimage for you all. But first, let’s touch on the big topic of the hour: the potential of the Omicron variant. There’s still so much we don’t know, but there’s some scenario planning we think is valuable for marketers as we stare down the idea of a new COVID wave.
November 24, 2021 / Business

SDT: Whole Foods’ visitors highlight changing grocery trends

From PlaceIQ
Foot traffic has been relatively up and stable since the decline of our initial Delta case wave and the conclusion of the back-to-school season. From October onward, things are pretty flat. Grocery is the category we want to discuss today -- that yellow line in the middle of the pack. It nicely encapsulates the complex mix of behaviors in the market right now, as some people return to their old behaviors, others stick with their new ones, and the remainder find a happy middleground.This dynamic -- the presence of old normals, new normals, and hybrid normals _all at once_ -- is showing up in every category we track. Understanding and serving this dynamic is key to winning this holiday season and beyond.
June 25, 2021 / Culture

SDT: Are we back to our old habits yet?

From PlaceIQ
Last week felt like a big one in California. Vaccination rates are up, cases have slowed to a trickle, and the state has now fully reopened. Across the US, our initial spike of foot traffic enthusiasm has subdued a bit. All the things we didn’t expect to pop — like grocery, big box, and dollar stores — have subsided to their usual levels. But the Vacillating category — the hotels, casual restaurants, entertainment venues, and bars — hasn’t given up its gains. And in some cases, traffic is still trending upward.
June 2, 2021 / Economy

PlaceIQ & PwC Recap: Rethinking Demand Models for the Pandemic Era

From PlaceIQ
The pandemic raised new questions, new challenges, brought new opportunities, and accelerated the need for data-driven decisions across many industries. We recently teamed up with our partners at PwC to share our approach for enhancing existing demand models using multiple datasets and to show an example of how they’re built in the PwC ecosystem. We discussed from our respective points of view how demand changed, and how it can affect your planning.
April 30, 2021 / Business

Foot Traffic tempers after Q1 surge

From PlaceIQ
The second Reemergence we saw last issue has tempered a bit. A confluence of events — rising vaccine deployment, dropping case numbers, improving weather, federal stimulus, and more — drove people out of their homes seemingly all at once. Even businesses that were already doing well, like fast food restaurants, enjoyed a spike in traffic starting February 20th.
April 7, 2021 / Economy

SDT: Learnings from our second reemergence

From PlaceIQ
Today we’re going to look at our Second Reemergence. Foot traffic has dramatically increased over the last few weeks as quarantine fatigue, vaccinations, declining case counts, weather, and more encouraged us to leave our homes en masse. We’re not back to normal. Like our first reemergence last Spring, traffic is distributed differently and highly regional. But even still: we haven’t seen activity like this in quite some time.
November 27, 2020 / Business

Holiday shopping is in swing

From PlaceIQ
We’re in the middle of a significant COVID surge, with a 54% growth in the new case rate over the last 14 days. Nearly every state is trending the wrong way and hospitalizations are up dramatically. In response, many states have issued new restrictions and guidance. So, how have consumers adjusted?
November 17, 2020 / Economy

New metrics to monitor the brick and mortar economy

From PlaceIQ
In our last issue, we named the Fall Flats, the latest phase we’ve measured in traffic reemergence. We had been hesitating to pick a name for this time period because, well, nothing was happening. Traffic had reached an equilibrium. The Summer Slump seamlessly transitioned to unchanging foot traffic in September and October.
November 2, 2020 / Culture

The two stages of reemergence explained

From PlaceIQ
According to the data, reemergence marches on, slowly and subtly. We’re now in a phase where national changes to foot traffic are small to nonexistent for most categories. We quantify visitation trends by comparing a 7-day average volume of foot traffic to the 7 days prior. This metric removes blips and lets us measure how much foot traffic is increasing or decreasing over the past week.
October 14, 2020 / Economy

Tactics to address the hybrid holidays

From PlaceIQ
We are now into Fall, but the phase after the Summer Slump defies definition. It is a slowww crawl upwards for most categories – barely above a flatline.
September 28, 2020 / Economy

Examining the 2020 holiday halflife

From PlaceIQ
With this week, Summer is officially over. And so too our Summer Slump comes to an end, with traffic ever-so-slightly up from its August levels. Now, there’s something to note about that Labor Day spike: it’s not what it seems. Our Reemergence Index works by comparing weekday traffic year-over-year. We compare the 14th Friday in 2020 to the 14th Friday in 2019.
September 15, 2020 / Business

Visit durations reveal business transformations in grocery, dining

From PlaceIQ
Coronavirus metrics across most of the US continue to head in the right direction. We’re starting to see some upticks in traffic; most categories are slightly up. Though, not quite dramatically enough to coin a new phrase to follow the Summer Slump. Let’s see what happens next week. Interestingly, we’re seeing a jump in the tourism segment. Visits to airports, hotels, and outdoor areas are up significantly vs. a year prior.
August 25, 2020 / Culture

Back to school, from a distance

From PlaceIQ
It appears as though the Summer Slump continues on. In one more week, it will match the duration of the Reemergence Ramp. Traffic is mostly flat, aside from traffic to Nature & Outdoor venues (which has been cycling a bit with recent weather patterns) – and some signs of life among the lower trafficked categories, like hotels and movie theaters.
August 13, 2020 / Culture

Consumer research spotlights the persistence of Pizza

From PlaceIQ
Time moves differently during a Pandemic. The news is constant, cramming what would have been a week’s worth of content into a single day. But at the same time, here we are in August. Time both crawls and runs in the era of COVID. Reviewing this week’s foot traffic category indices, we were similarly struck by how long the Summer Slump has persisted. Here we are, in August, still in the thick of sustained, flat traffic.
August 3, 2020 / Economy

How is the summer slump impacting dining?

From PlaceIQ
Dining is a category that has continued to change regionally, nationally, by category, even by meal time. With the nation still in what we’re calling a traffic Summer Slump, restaurants are reacting in real time to manage official guidelines and the safety and preferences of diners. The stall – or slump – in reemergence remains visible in our latest analysis.
July 27, 2020 / Travel

What does a Summer vacation look like now?

From PlaceIQ
It’s fair to say we could all use a change of scenery right now. Over the last few weeks, we keep hearing about the mundane vacation. Friends and colleagues have been renting or borrowing houses for a week or two if only to answer email and video conference from a different couch, cook from a different kitchen, visit a different grocery store, and hike a new trail. These places are relatively close by – only a road trip away.
July 20, 2020 / Travel, Culture

Summer travel, entertainment, and our latest traffic stall

From PlaceIQ
You don’t need a data analyst to tell you people are going outside a lot more these days. Camping sites are nearly impossible to come by. You can’t find an RV to rent. Bikes are sold out everywhere. These trends illustrate a pattern we’ve observed during COVID: if an activity is nearby, safe, and cheap people will flock to it. Beaches and forests are often within driving distance, outdoors, and (generally) lend themselves well to social distancing. This is a summer of road trips.
July 16, 2020 / Economy, Culture

Foot traffic recovery slows its pace

From PlaceIQ
We’re not quite ready to call it a new phase in our quarantine life, but the Reemergence Ramp has largely plateaued in recent weeks. The change kicked in around June 20th, as we saw regional upticks in cases throughout the south and west, and has persisted through some holiday spikes. We’ll dive into the slowdown of traffic in more detail below.