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Indoor-Winter-Market

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The goal of this project is

To form a conclusion and make a recommendation regarding the viability of an indoor winter market by:

  • Exploring consumer interest in an indoor winter market.
  • Measuring the ability of vendors to participate in an indoor winter market.

Methods and Skills:

  • Dot Survey
  • Online Survey
  • Unstructured Interviews
  • Data Analysis

Collaborators:

  • Kathleen French
  • Claire Jolie
  • Museb Alkhomshi
  • Hamza Malik
  • Monica Truax

Time Frame:

  • Two Weeks

A Divide Between Vendors and Customers

Overall, are there going to be enough vendors to support the customer demand for an indoor market?

  • The majority of vendors are interested in the idea of a winter market, but they are unsure or unlikely to participate.
  • Almost all of the customers surveyed in our dot survey would attend an indoor market. Only 15% of respondents would attend less frequently than in the summer market.





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Research Process

We started the research process of this project with an exploratory research to observe and to build an understanding of the organization. We followed that with a dot survey to explore consumer interest in an indoor winter market. Then we used an online survey to measure the ability of members to participate in an indoor winter market.





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Dot Survey

We conducted a dot survey as a rapid market assessment to roughly identify consumer attendance frequencies, purchase preferences and interest in a winter market. We conducted the dot survey with the following three questions:

  • Would you be interested in an indoor winter market?
  • How frequently would you come to an indoor winter market?
  • What would you be most likely to buy at an indoor winter market?


96.2% of customers surveyed would attend an indoor market, and 63% would go for agricultural products. Only 15% of respondents would attend less frequently than in the summer market.





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Online Survey

We created a survey to send out to the member list. Our outgo was to 100 percent of members and our goal was to get a 50 percent response rate. These responses were used to determine member ability and desire to participate in a winter market. Our survey consisted of 23 questions for the vendors currently participating in the market.

The majority of vendors (58%) are interested in the idea of a winter market, but they are unsure (23%) or unlikely (23%) to participate.





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Recomendation

Do not go forward with a winter market:

  • Vendors interest is good but participation is insufficient
  • There is a lot of skepticism about the location of the new place





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