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- Data Categories
- Agriculture Data
- B2B Data
- Biometric Data
- Company Data
- Conservation Data
- Demographic Data
- Economic Data
- Environmental Data
- Geospatial Data
- Healthcare Data
- Individual Data
- Industry-Specific Data
- Internet of Things (IoT) Data
- Legal and IP Data
- People and Employment Data
- Political Data
- Psychology Data
- Real Estate Data
- Retail & Commerce Data
- Social Data
- Space Exploration Data
- Sports & Entertainment Data
- Web Data
What Is Foot Traffic Data?
Foot traffic data, or footfall, refers to the number of consumers passing through and visiting certain areas, such as malls or businesses. The data shows the number of people in an area during specific times, how often they came, and how long they stayed. The data also shows the most popular times and days people walk past or stay in an area.
Where Does Foot Traffic Data Come From?
There are many tools to collect footfall data for a certain store, mall, or area. Laser beams are a simple tool that is limited to a basic count and can often be misleading. Thermal imaging sensors are also a relatively basic tool for footfall analytics, though their bulbs burn out quickly and are expensive to replace.
The most common and reliable tool for the micro level (store or mall) is WiFi, which doesn’t even require a phone to connect to. Alternately, you could use Bluetooth.
On the macro level (shopping areas), GPS mobile location is useful, but it is not always updated in real time. It is also not accurate enough for the micro level.
What Types of Columns/Attributes Should I Expect When Working With This Data?
Attributes of footfall data can include the number of visitors in a certain POI over a certain amount of time, mobile devices located at a POI, exact location, certainty and accuracy of location and demographic data about the location of your POI.
What Is This Data Used For?
Footfall data directly helps improve store performance. By measuring local foot traffic data against your sales numbers, you can confirm the effect of foot traffic on sales volume, the percentage of shoppers who actually make purchases, which stores in a franchise are under performing, and whether recent advertisements have been effective. By establishing your lowest-performing hours, you can also set the best staff schedules.
How Should I Test the Quality of Foot Traffic Data?
To assess the quality of a dataset, consider location accuracy and detail, the scale and volume of the dataset, and the recency of the database updates.
What Are the Most Important Factors I Should Vet When Selecting This Data?
You should use the same factors used to vet data providers in order to assess the quality of your data. For example, a dataset with accurate locations that updates infrequently or inaccurately is not completely accurate, and vice versa.
Interesting Case Studies and Blogs to Look Into
Compilantia: The Evolution Of Foot Traffic Analysis And How To Use It In 2020
DataBricks: Building Foot-Traffic Insights Dataset
Tangible Examples of Impact
In 2018, the coffee brand recorded an average monthly foot traffic gain of 6.6% that expanded to 13.8% in 2019.
Foot traffic at Dunkin’ stores continued at an “exceptionally strong” growth rate of 9.2% in the first two months of 2020, he said.
Yahoo!Finance: Is Foot Traffic Growth Key To Inspire Brands’ Interest In Dunkin’?
Relevant datasets
Dor Foot Traffic Data
Supported by their thermal sensing hardware, Dor Foot Traffic Data integrates with existing ERP systems to provide retailers with the most accurate footfall information on the market. Dor also integrates with existing, popular point-of-sale data management systems.
Placer.ai Location Tracking SDK
The Placer.ai Location Tracking SDK tracks WiFi, GPS, beacons, points of interest, and more than 20 million devices every month to deliver the most accurate location data in the US. Additionally, they provide customer data, including app usage and household income data.
In short, users receive an accurate store location and customer data software development kit to better meet their objectives.
Reveal Mobile VISIT Local
Reveal Mobile VISIT Local provides geofenced advertising services. Starting with Reveal Mobile’s mobile tracking and foot traffic data, VISIT Local offers a competitive ad campaign platform. Users identify their most likely customers and their competitors, advertising directly to them and driving direct store visits.
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