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Monday, 29 October 2018 10:42

Make your BID a better place to live, work and play

As a successful BID, you need to be able to prove that you are making a difference, and that the investment that has been put in by local businesses is proving to be worthwhile – for them and you.

T-Stats Pro is the UK’s leading online tracking system that is tailored to your BID’s requirements. Our experience working with destinations across the UK has shown that monthly trackers offer the optimal period for measuring anything that matters in your BID.

T-Stats Pro’s easy-to-use database can be adapted to collect, store and report on a wide range of trackers such as footfall, visitor arrivals, business rates, unemployment, weather, traffic, car parks, website and social media…you name it, T-Stats Pro can track it!

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From all this stored data, you can generate reports showing month-by-month or year-by-year changes, and significantly, to discover cause and effects – for example: “does an increase in rainfall lead to more cars parked?”, or “does a decline in unemployment lead to greater footfall?” The clever system even allows you to benchmark with other BIDs as well as compare your own data with national data.

Just some of the questions existing clients have used T-Stats Pro to answer:

• How much were my high street visitor numbers down this year compared to the previous year, and why?
• Is there sufficient demand to indicate the need for an additional hotel in the town centre?
• Is there a link between consumer spending and vacancy rates on my high street?

T-Stats makes your job a whole lot easier and provides you with all the data you need to prove that the BID is making all the difference.

Make your BID become a better place to live, work and play!

More in this category: « Simplifying Statistics