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Foot traffic in retail stores

Top Auswahl an Renault Trafic neu & gebraucht. Finde jetzt Dein Wunschauto Günstige Preise & Mega Auswahl für Store Gardinen After all, when it comes to retail success, foot traffic and conversions go hand-in-hand. Related: 15 Key Metrics (KPIs) to Measure Retail Store Performance. The first step to improving your conversion rate is to measure it. Hook up your foot traffic counter to your point of sale system so you can measure how many visitors ended up making a.

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What is foot traffic? Foot traffic is the number of customers that walk into a brick-and-mortar retail store over a given timeframe. The more customers that walk into your store, the more likely a retailer is to increase their in-store sales. How to measure foot traffic. Accurately tracking in-store foot traffic is a challenge that many. That's why we've curated a lengthy list of unique ideas for retailers to boost foot traffic and increase sales in their brick-and-mortar stores. Grow your retail business with Shopify POS. Shopify POS is the market-leading point-of-sale system for retailers looking to capture and convert more customers 01. Reveal a Location's True Performance. Learn More Dive into foot traffic growth, visits trends and rankings. 02. See Your Real Audience. Learn More Identify customer demographics, interests, and visitation patterns based off an accurate True Trade Area data. 03. Maximize Your Retail Footprint The surge in foot traffic to convenience stores from Q4 to Q1 could be a product of the holidays. Once the holiday's come to an end and shoppings busiest gift-giving season wraps up, traffic to Mass Merch stores tends to decline. Afterward, there's still a need for the everyday essentials you can quickly grab at a C-store HOW TO MEASURE FOOT TRAFFIC. One major problem that most retailers face is their inability to track the foot traffic in their retail store. While some agencies (like Figure3) offer specific tools for measuring foot traffic, retailers use some techniques like video surveillance, heat sensors, in-store analytics, mobile tracking technology, and social engagement

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Foot traffic trends that we at Reveal Mobile compiled from mobile location data at over 8 million U.S. locations found that these seven retail chains saw the most visits on Black Friday: Walmart. The Data - Retail Foot Traffic Statistics. GroundTruth regularly reviews foot traffic data for more than 250 major retail brands across a range of industries. This can help retailers looking for reliable retail foot traffic statistics. Last year, GroundTruth looked at mall traffic statistics, and data for stores in the Gas/Convenience. As retailers are well aware, foot traffic is a key factor for any successful brick-and-mortar location. And increasing that foot traffic to your physical store is a constant struggle. More visits to your storefront from current and potential customers can boost sales and customer engagement, as well as give you the opportunity to connect in-person with real shoppers. The first step to.

Learn how foot traffic data, shopper demographics data, & POI data help chains & retailers with trade area analysis, store site selection, & retail analytics. What is foot traffic data? Foot traffic, also known as footfall, is a term used to describe pedestrian visitors to a business or commercial site The most common and popular in-store retail events include launch parties, meetup groups, classes and workshops. To Easily Increase Foot Traffic In Your Retail Store We hope this blog answered how to get more people into your store. By implementing a number of these tips, you are guaranteed to bring in more foot traffic and increase sales Foot traffic is a term used in business to describe the number of customers that enter a store, mall, or location. Foot traffic numbers are heavily monitored by store owners in particular retail. Foot traffic is the measure of people who physically walk in and move around in a given location (e.g., a retail store or facility). It's sometimes referred to as pedestrian activity and it's a metric that's typically used by retail store owners and landlords to measure the performance of a commercial location

How COVID-19 and Social Distancing Changed Foot Traffic at Top Retail Brands. Almost overnight, social distancing has changed how U.S. consumers shop. Across the country, foot traffic to shopping destinations, in general, declined by 36% by March 25. And yet, some consumers are waiting in long lines to enter stores, while others continue on in. Best Technologies to Analyze Foot Traffic in Retail Stores. When customers visit a brick-and-mortar store, they leave clues about their shopping preferences all around the store. They leave hints about their favorite shopping times or days, the store sections they love spending time in, and their preferred products With consumer behavior shifting in major cities and states due to COVID-19, many retailers, including major brands, are seeing changes in foot traffic patterns. Grocery stores remain open as essential businesses, but they still are seeing less store traffic than average. As of March 31, food retail saw a 40% decline in consumer visits. This. Foot traffic may sound like sidewalk rush hour, but the term is used to describe the number of pedestrians (or cars) that pass by your business and how many enter. In a way, it is a measure of how attractive your business and its products are to the casual passerby

People flocked to stores - and back to restaurants - over Labor Day weekend in the United States, setting post-pandemic highs for retail foot traffic and seated dining but also posing a puzzle And the ripple effects of all changes eventually reach the shores of retail: Foot traffic to stores - a key indicator of shopper behavior - declined by 13% to 16% in the final four months of.

The pandemic has hit the retail sector particularly hard, cutting into both rent collection and foot traffic at stores and shopping centers, although there are signs of a rebound for the former 5. Exclusive In-store Promotions. Running in-store promotions is a tried and tested way to drive foot traffic. However, retailers need to be strategic about how they run promotions so that they can maximize profitability. Using promotions to generate foot traffic can be done by creating exclusive in-store offers which incentivize customers to. On the backs of all those foot traffic declines, and the movement of more sales to e-commerce, came a large number of permanent store closures. 2019 was already a bad year for retailers in terms.

Offer a quick drink. Another fun way to indirectly drive foot traffic is to hydrate your customers and their pets. Shoppers get thirsty walking around, so offering free water can help drive traffic to your store. If your store sells outdoor products and has a place to refill reusable water bottles, it makes a good impression on your customers After plunging in 2020, central Ohio retail is climbing out of its pandemic hole.. Foot traffic is rising, leasing is up, and new stores are opening throughout the Columbus area, but plenty of. Retail metrics to track. Metrics provide the numbers that you can use to measure KPIs and analyze in-store customer behavior. Tracking metrics is important because metrics allow you to make data-based decisions regarding the customer experience. For physical stores, the most common metrics include pedestrian foot traffic, walk-in rate, shopper. Ready to measure your retail foot traffic and convert more customers? Contact BrandMuscle to learn more and work with our leading team of local media buyers. BrandMuscle is the leader in integrated local and channel marketing, enabling over 300 of the world's top brands to scale their marketing programs and accelerate revenue growth

Examples of stores using foot traffic analytics. One well-known retailer invested in in-store tracking is Godiva. According to a case study by ShopperTrak, the chocolatier used people counters to gain insights about the foot traffic in its stores. After looking into the traffic trends for their branches, Godiva used the data to plan staff. As a result, your business benefits from increased digital publicity. Through in-store signage, incentives and even sales associate's conversations, encourage your customers to do this as a way for your store to gain more awareness. 2. Lean on Technology to Bring Clarity to Foot Traffic Behavior

Shoppers Pull Back for Black Friday, Cyber Monday - ABC News

So, do retailers need to increase foot traffic? My team of analysts and I analyze store traffic from thousands of retail stores across North America. A couple years ago, we analyzed the store traffic data from a 600-store specialty retailer. In 2015, their stores averaged about 200 traffic counts per day, which over the course of the year adds. Ten Tips To Increase Foot Traffic To Your Local Store Posted on August 8, 2013 November 13, 2019 by Nelson James Foot traffic: not just the pedestrian equivalent of rush hour, but the presence of customers in and around your business Need more foot traffic in your store? Sure, who doesn't? Well aside from location, retail displays are huge when it comes to driving foot traffic. Here are a few quick tips that will help you get the most out of your displays. Keep It Clean: There's always the urge to display as many items as possible to show you have something for everyone Foot traffic to clothing stores is generally back to levels that haven't been seen since before the pandemic, with visits down 3.4 percent in the week beginning April 5 compared to the same week.

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The Evolution of Foot Traffic Analysis and How to Use It in 2020. Foot traffic analysis is helping brick-and-mortar stores gain the same rich customer insights e-commerce brands have been capitalizing on. When online shopping made headway, e-commerce brands had an upper hand in terms of data. They could track more than just how many people came. So how can retail stores increase their foot traffic? The first step is to accurate measure it! We really cannot overstate how important this KPI retail metric is for any business owner. Related: 7 Tips to Increase Foot Traffic to Your Store. But one major challenge is that some retailers find foot traffic difficult to reliably track

How to Drive Foot Traffic Into a Retail Store. A brick-and-mortar store is built on the customer experience. Unlike an online store, customers can touch and feel merchandise before they buy it and are driven to make choices in part because of a store's look and atmosphere. Before you make this silent pitch for. While the best response for retail businesses is to offer online shopping and delivery services, its obvious implication is the lack of in-store foot traffic. There is a plethora of malls and retail stores. Competition is one of the leading causes of concern in improving foot traffic. The more stores there are, the tougher the competition will be Explore the Sessions On-Demand Watch Now! LOGIN. CONTAC

40 Ideas to Boost Retail Foot Traffic and Increase Sales

  1. As much as many people want to go back to normal after COVID-19, the fact is retail will look different for a while (maybe for good) even when states and cities start opening back up again. Because of this, traditional ways of driving foot traffic to retail stores may not work as well as before. For example, pre-pandemic, it's not uncommon for retailers to hold in-store events and.
  2. The report split the ranking of stores by foot traffic into four categories based on store count. The footfall ratio equals average footfall per location over the average footfall for the industry. A brand on par with the industry average would have a ratio of 1.0
  3. To increase foot traffic in stores, grocers should reimagine the shopping experience. For example, stores may install cashier-less technology or offer endless aisles. Another approach is to use in-store displays that seamlessly connect with customers' cell phones to create compelling shopping experiences and convert foot traffic into online.
  4. That being said, you cannot rely on these factors to generate foot traffic. Instead, you must take proactive steps to entice shoppers and make them want to visit your brick-and-mortar store, even when shopping online may be easier. Keep reading to see how to increase foot traffic in a retail store. 8 tips to bring more customers to your store 1

4. Consider your store location . If you're a small retail store located on a street with a ton of foot traffic and near a ton of other shops (like New York's Nolita district), the way you approach your window displays will be different than if you're located in an area that's less accessible by foot For stores with traffic that is often the same people walking by this is even more crucial as you want to create. ~ Baruch Labunski, Rank Secure. 14. Advertise on Local Radio A great opportunity to improve foot traffic to your physical business location is to advertise on a local radio station The pandemic — which many have seen as a death knell for brick-and-mortar shopping — may be pushing more brands to open their own stores, rather than selling through other retailers.. Foot traffic at direct-to-consumer stores rose by 20 percent during the first week of April for athletic brands like Nike, Under Armour and Adidas compared to the same week in 2019, according to a new white.

Promoting a mall walker program can literally increase foot traffic near your store. Mall walker programs are an excellent way to market your store and have a positive impact. Centers often encourage mall walker programs by helping to organize clubs, offering discounts, and providing health checkups onsite. 5. Use technology to attract customers Identifying foot traffic trends can help improve security and advertising. Retailers: You can gauge your marketing success by counting how many patrons enter your stores. Restaurants: Identify trends in times and patrons and see whether they relate to special occasions, deals or other events

How to Increase Retail Store Foot Traffic in 2019

In-store foot traffic is important to many types of businesses, particularly retail establishments, as higher foot traffic can lead to higher sales. Landlords also care about the volume of foot traffic because their own businesses are tied to the success of retail tenants. To help small business owners, we've listed in-store retail event. Adopting omnichannel practices is a must. Though e-commerce accounted for 14.1% of retail (US) in 2019, the ripple effect on retail stores—even on large retail brands—has challenged many business models. This was before the COVID-19 crisis, an unprecedented situation that has seen people turn to e-commerce in higher numbers

20+ Unique Ideas to Boost Foot Traffic to Your Retail Stor

  1. Daily percent change in foot traffic for various grocery store chains, relative to the same day in 2019. This, combined with aggressive social distancing measures, has led to a 19% drop in y/y foot traffic to grocery stores by April 2, with Piggly Wiggly the only store in the set still holding strong with an eight percent y/y increase
  2. Visits to Walmart and Home Depot stores in April grew by 21.7% and 23.6% respectively, according to Placer.ai, a data firm that tracks foot traffic. Brick-and-mortar stores, which had already been.
  3. The retail store experience put them in a unique position to understand the needs of their retail, catalog, and on-line customers, making Foot Traffic one of the first sock companies to understand the social expression opportunity for socks
  4. Foot traffic analytics is a precursor to foot traffic attribution. In order to know the impact a campaign has on real-world traffic, marketers need a baseline before the campaign takes flight. Foot traffic analytics show the volume of people who visit a physical location within a specific timeframe. It quantifies in-store visits
  5. Needless to say, foot traffic volume at grocery stores across the U.S. is in flux, especially with some states implementing a phased reopening of retail stores and consumer-oriented businesses. As we move forward, we will continue to analyze foot traffic to consumer and retail locations that are essential to our economic, social, and personal.

Having a physical store has some advantages for an e-commerce retailer, and it would be a wasted opportunity not to make use of those. One of the best things you can do to drive foot traffic and as a result, in-store sales, is to organize various events, like new product launches, runway shows, shopping festivals, etc Foot traffic comps from the week of 3/30 show that across most retailers, there have been even further declines in foot traffic from the previous week. However, over this full week Nielsen reports that in-store CPG sales are still $3.2B above where they were last year . This could mean larger basket size during less frequent trips and/or fewer. Retail foot traffic change in the U.S. during COVID-19 2020-2021, by week. Published by D. Tighe , Jun 16, 2021. In the last week of April 2021, shopper foot traffic in the United States was down.

Retail Foot Traffic Data for Any Store or Chai

Click here to read the full article. In its weekly Retail Impact Scoreboard, data analytics firm Unacast said average foot traffic at retail across all segments is down 15 percent year-over-year — an improvement over the past month. Week-to-week traffic is up 16 percent, researchers at the firm noted, adding that home goods and home improvement stores are, to date, the most. Retail. Offering shoppers new experiences isn't helping as malls see tsunami of store closures, falling traffic. Foot traffic at some of the best shopping centers across the country peaked. Most of us move through stores and aisles following ingrained traffic laws like keep to the right whether we're on foot or four wheels. Read on to learn about the subconscious traffic laws your shoppers follow - and how your retail store's layout can optimize that natural retail store traffic A retail store will get different proximity traffic if near an Apple store or a supermarket. Because retailers lease stores on shopping malls based on projected demand and visitor segments , the statistics of retail mall stores start with foot traffic data

Retail Foot Traffic Trends & Analysis: Convenience & CPG

  1. Walmart's weekly traffic growth during the coronavirus pandemic U.S. 2020. In week 11 (March 9 to 15) of 2020, foot traffic in Walmart stores was up by 16.86 percent when compared to the.
  2. A tracker developed by Placer.ai shows foot traffic falling across the retail world, including stores that have stayed open as essential retailers and sell daily necessities, including drugstores.
  3. Smart, Efficient, and Anonymous People Counting Solutions. Capture your visitor traffic and draw insights from your data with Storetraffic's right-sized footfall counters, app and cloud-based analytics platform. Make better-informed business decisions. Optimize your traffic performance and staffing. Control your occupancy in real-time
  4. Field opened the discussion by explaining that U.S. retail traffic began to decrease long before stay-at-home orders went into place. Despite cases being fairly low, events such as the COVID-19 diagnoses of Tom Hanks and Rita Wilson and sports beginning to suspend games for the season led to the drop in store visits
  5. Below is a list of retail strategies that can improve in-store traffic: Retail Strategies that Drive In-Store Traffic across owned and paid media channels to boost foot traffic and increase in.

How to Drive Maximum Foot Traffic to Your Retail Store [15

The coronavirus pandemic took its toll on retail outlets nationwide, but area shopping malls are doing their part to bring back foot traffic. Officials with Dayton Mall and Austin Landing in Miami. First, we need to know your store traffic so we can calculate your conversion rate. In week 1, you had 1,200 people enter your store. Of those, 150 made a purchase, so your conversion rate was 12.5 percent. In week 2, you had 2,000 people enter your store. That's a lot more foot traffic. During week 2, you made 160 sales The phone data show millions of American consumers basically voting with their feet. Traffic at retail and food establishments ticked upward for most of April and May as businesses reopened. Source: jeepersmedia / Flickr 10. Dollar Tree > Pct. of total US retail foot traffic: 0.55% > Pct. of discount stores, warehouses & wholesale stores visitors in April: 22.33% > No. of U.S. stores. Dispensary Marketing Strategies For Maximizing Cannabis Retail PopUps. Dispensary marketing strategies can be a huge challenge to new cannabis entrepreneurs who are trying to increase foot traffic to their new or existing retail stores.. Most of this challenge comes from the strict advertising restrictions when it comes to marketing your marijuana dispensary

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The Top 20 Best Ideas for Increasing Foot Traffic to Your

25 Low-Cost Ways to Get More Foot Traffic to Your Store

Measuring Foot Traffic Trends: The Future Of Retail Marketin

Q3 2020 Retail Foot Traffic Report. As we entered the core months of summer in Q3, state-by-state restrictions and re-openings continued to impact retail visitation across the country. With economic uncertainty and personal safety top of mind, consumer shopping behaviors fluctuated throughout the quarter--particularly around seasonal events and. We need to measure foot traffic because it is an important metric to the state of physical retail, Kohan told MPD CEO Karen Webster when asked how relevant foot traffic is anymore as a.

With vaccination rollouts, though, it seems more promising for brick-and-mortar retail stores. COVID-19 protocols would be less stringent, and people will have confidence again to shop in person. But then again, getting foot traffic can still be a challenge for retailers. How Brick-and-mortar Establishments Can Boost Foot Traffic . 1 The map will show colors on the floor that correspond to the foot traffic in an area over a certain timeframe: red areas saw a large amount of traffic, green areas experienced lower traffic, and blue areas mean that spot didn't receive much foot traffic. Using this information from a heat map, you can easily revamp your store's layout Retail foot traffic could rebound this spring. And retailers may want to take advantage of the rise in brick-and-mortar traffic by upgrading their stores with new attractions. Insider Intelligence.

Retailers like Nordstrom hiring influencers to boost in-store foot traffic, promote safe shopping Sluggish retail sales as a result of the coronavirus pandemic has prompted some brands to hire. Retailers are hoping returns hubs can drive foot traffic. Retailers are expecting e-commerce sales to go up — and the number of in-store visits down — while coronavirus cases remain high. But they're also betting that there's one transaction people will still prefer to do in person: returns. Last week, Staples announced that it was. A Target store in Jersey City, N.J., March 2020. Foot traffic at big-box chains is falling after surging in the early stages of the coronavirus pandemic, according to Placer.ai. The foot traffic. Driving up foot traffic gives you more opportunities to influence consumer behaviour and increase sales, and retailers continually tempt customers into stores with offers, rewards and memorable experiences. The most successful also understand the importance of retail intelligence from traffic counting systems

Retail Foot Traffic Statistics & Mall Data GroundTrut

  1. An accurate foot traffic prediction system can help retail businesses, physical stores, and restaurants optimize their labor schedule and costs, and reduce food wastage. In this paper, we design a large scale data collection and prediction system for store foot traffic
  2. Driving foot traffic is incredibly important for brick and mortar stores. To figure out how much traffic you currently have and see how it increases, you need an effective method of tracking in-person customers. Make sure your store's facade appears physically appealing and well-kept
  3. EC Life chose UShop+, an AI-driven retail management platform from Advantech to help transform its in-store sales. The solution enables data-driven insights to help retailers create personalized customer experiences, improve brand loyalty, drive foot traffic, and increase sales (Figure 1). Figure 1. UShop+ system overview
  4. Nationwide Foot Traffic to Stores and Restaurants Down 9% From Last Month. Foot traffic and in-store visits to retail, restaurants and entertainment venues have been up since the beginning of 2021, according to the data scientists at Zenreach. They analysed their data and found that across all industries, nationwide foot traffic is up 38% since.

The importance of driving foot traffic in the e-commerce era. While reports show rapid growth in online shopping trends, and consumers claim to complete more than half of their purchases online, retailers continue to see great value in driving foot traffic to their physical locations. The U.S. department store, Nordstrom, for instance, reported. 4 Ways to Drive Foot Traffic Into Your Store. Kelly Spors. micro. retail. Customers. They're the lifeblood of any retailer. You can have the most efficient operations, fantastic employees, and a beautiful storefront, but if you don't have people in your store buying your merchandise, your business will flounder quickly According to a post published by Placer.ai, an artificial intelligence company that measures foot traffic, Costco, Walmart, and Target all saw a decrease in visitors for the first time since the. Tomic recommended that businesses see foot traffic as a result of marketing activities, and vice-versa. They feed each other and are interdependent, he said. You can drive and track offline sales using online channels. For example, make exclusive offers online using a coupon, which the person takes to the store. You can track that way. Real-time foot traffic analytics as an IoT solution for smart retail. In-store traffic counting, data collection, and analytics. We developed a system that uses triangulation to determine the most popular zones in the store. The solution uses intelligent LED track lighting with the True ColorTM system that has a high CRI (Color Rendering Index.

Foot Traffic: How to Accurately Measure and Increase

Shopping Malls. Gain crucial insights into your shopping center performance. Analyze return visitors, view foot traffic in real time, compare floors, and more. Our data is up to 98% accurate to help you improve your quarterly and annual forecasts, improve daily and weekly analytics, and make assist in driving smarter business management Convenience retailers are essential businesses during times of crisis, but COVID-19 is bringing consumers to the stores with new questions and concerns, said Frank Beard, convenience store and retail trends analyst for GasBuddy, in the company's Consumer Ratings & Foot Traffic Report for first-quarter 2020. Is it safe to touch the pump handles

Foot Traffic Data For Trade Area Analysis & Retail Site

Some of the benefits of Blix Traffic include: Quick and easy setup peformed in less than 30 minutes. No interruption to retail store trading. Uses your existing WiFi network or Blix's Plug 'n Play system. Measures both in-store and passing traffic outside the store. Does not count staff Many apparel sellers have slashed staff and closed stores for good. Weekly foot traffic from July until the second week of September is down by an average of 14% compared with the same period a. Foot Traffic Counter. Density is, as the company's website puts it so simply, a people counter. Like other startups that analyze foot traffic, Density is designed to let retailers, coffeeshops, co-working spaces and other places collect better data about how many customers pass through their doors Essential retailers have observed a variety of changes in store traffic over the past few months. Between March 20 and April 20, daily changes in foot traffic at warehouse store Sam's Club ranged from around -40% to +16%, while Costco's daily foot traffic was consistently lower - ranging from -60% to -15% They sign long leases, up to 20 years. And they bring a lot of foot traffic to strip malls. Scott Burns, managing director at commercial real estate firm JLL, said stores like Aldi and Trader Joe.

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The Top 11 Ways to Get People Into Your Retail Store in 202

Retail Impact Scoreboard. Comparing current foot traffic to the pre-COVID-19 days can provide a deep understanding of the commercial and economic impact of the virus across different industries and geographies. Better still, industry- or brand-specific traffic trends can help identify early signals of a potential recovery in different regions. For Kohl's, it generates much needed foot traffic. And every customer who hands over a return receives a coupon day pass. I can see this making sense for Staples in much the same way. Accepting returns from other retailers is the new accepting coupons for competitors. If it generates in-store traffic, then it's a win BC-Retail-Foot-Traffic-in-Canada-Ramps-Up-in-Sign-of-Pent-Up-Demand , Shelly Hagan and Erik Hertzberg. (Bloomberg) -- Canadians are eager for in-store shopping as virus restrictions ease, according to geolocation data compiled by SafeGraph Inc. The San-Francisco based analytics firm released complete Canadian data for the first time this week. In March — when retail stores and malls began to shut down to try to slow the spread of Covid — visits tumbled 59.5%. That was followed by a 95.9% year-over-year decline, marking a bottom, in. Retail traffic is an important indicator of shopper behavior and a bellwether for retail sales results. If more people are visiting stores, there are more opportunities for retailers to convert shoppers into sales. When traffic is down, retailers have fewer opportunities, thus, typically, fewer sales

Foot Traffic Definition - investopedia

Holcomb extends 'stay at home' order, closes Indiana retail businesses to foot traffic House to Home, a downtown decor store, is offering free local delivery But the foot traffic data suggest that the second week of March 2020 was a pivotal period. The COVID-19 Retail Impact Tracker foot traffic is measured from location software that the data and marketing firm Placer.ai shares with app developers free in exchange for anonymized aggregate foot traffic data, said Ethan Chernofsky, a Placer.ai vice.

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