Request demo

How Traffic Data Explain Customer Behavior

June 6, 2022
3 min read

Try TrafficZoom’s AADT metrics today with a free trial

Get instant access now
Check out a sample reportUnlock Ticon's sales forecastExplore the sample reportRequest a Demo

“Mass transit” is what you see through the plate glass window of your store every day: thousands of cars, thousands of people going from point A to point B, and back. This constant movement of vehicles and people generates a considerable amount of data which provides insights into traffic volumes and drivers’ behavior. And what turns drivers into buyers? Their willingness and ability, under certain road conditions, to slow down and park at a shopping facility at a particular segment of the road. This readiness – and ability – depends on the behavior of drivers, which is reflected in the speed and acceleration of their vehicles in traffic. See how the speed distributions differ in the traffic flows: the right graph shows a significant percentage of cars going at a low speed, which makes it much easier to make a maneuver and drive into a parking lot. At the same time, there are a decent number of cars moving at high speed, which indicates the absence of traffic jams at this moment in this particular place. But the analysis of speed distribution by itself is not sufficient to confirm the shopping behavior, because high-speed variance can be influenced by a variety of indirect factors, including traffic lights, road signs, congestion, and more. To avoid these uncertainties, Ticon also considers data on acceleration, lane distribution, terrain and roadway features, weather, and other factors. Ticon multi-factor analytics ensures that the decrease in speeds for a certain percentage of vehicles in the flow is not caused by traffic difficulties but reflects the intentions of drivers to stop shopping in this location. In contrast, on the left graph, most drivers in the traffic flow are moving at the same speed. When we analyze this in combination with the other factors mentioned above, it gives us reasons to characterize the behavior of drivers in this section as "transit", indicating their intention to pass this section of the road without stopping, and without spending their time on shopping. It should be noted that both pictures show traffic flows, characterized by similar average speed and traffic volume values.

behavioral customer segmentation
Figure 1. Speed and volume distribution

Thus, by applying multi-factor analysis of speed and acceleration distribution patterns, rather than just traffic volume (counts, AADT), and, as a maximum, average traffic flow speed, Ticon provides the best way to choose a new site for your store. Now, when you consider several sites with the same AADT, you can select one site where the driving behavior of potential buyers will be most suitable for the success of your business.

Get a demoRequest a DemoExplore the sample reportExplore the sample report
‍Electric Vehicles Continue Growing Their Numbers on the US Market
C-Store Chains Growth Spurt Continues
More for you
April 20, 2023
Demystifying the Target Audience Analysis

If you want to succeed in business, you need to know who your customers are and where to find them. That’s why site selection and area analysis are not complete without a clear picture of your target audience...

Read
March 9, 2023
https://csite.ticon.co/post/role-of-traffic-flow-data-in-proactive-management-of-c-store-operations

It is well known that 91% of С-Store customers drive their vehicles to the stores. It should be obvious, then, that the changes in traffic flow parameters, especially at the road sections adjacent to the c-store...

Read
February 20, 2023
https://csite.ticon.co/post/ai-is-artificial-but-is-it-always-intelligent

About two months ago, ChatGPT, a high-capacity chatbot that employs an enhanced version of OpenAI's AI technology to converse in simple English, has been introduced to the world. Despite the fact that...

Read

Let’s discuss your next site selection move

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.