Navigating Consumer Behavior in 2024: The Beat of Boston’s Foot Traffic

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Boston is a city teeming with history, industry, and, as it turns out, a particularly distinctive pattern of consumer behavior. We looked at foot traffic across the city of Boston in 2023, and as it turns out, it's more than just the iconic Fanueil Hall and red-bricked Freedom Trail that bring in visitors. Our data provides a deep dive into this year's consumer trends and helps paint a picture of Boston’s role as a local and regional hub.

Exploring Boston Consumer Behavior Through Foot Traffic

Studying Boston foot traffic data reveals consumer behavior distinct from the U.S.'s other top 25 metropolitan areas. Visitors here travel a median distance of 21 miles, compared to the mean median distance of 17 miles in those other cities. Boston is busiest in the afternoon, between noon and 6PM, when 38% of visits occur. While less busy in the morning and busier in the evening than the average across top U.S. cities, this trend speaks to Boston’s role as a later-in-the-day destination.

The city's heartbeat is as unique as the trajectories of its visitors. In Boston, 50% of place visits are to restaurants and 16% to outdoor or recreational areas, painting a portrait of a city that values both leisure and culinary experiences. It is less surprising then that only 3% of visits are to shopping spots and 1% to entertainment destinations, signaling that Boston consumers prioritize gastronomic delights over retail cravings, and outdoor activities over indoor entertainment.

Foot Traffic Caters to the Connoisseurs

Weekends in Boston see a spike in foot traffic to hotels, arts, nightlife, and restaurant venues. With 25% higher traffic at nightlife venues and 16% more dinnertime excursions, Boston’s social scene doesn't wait for the weekend—though it does intensify. Comparable cities, by contrast, experience significantly larger spikes over weekends, hinting at an eclectic and perennially inviting nature that's inherently Bostonian.

Boston's distinctive consumer behavior suggests it's a haven for coffee lovers, health nuts, and beauty buffs. The local ambiance and offerings seem to cater to a population that both appreciates and participates in a vibrant culture of experience and wellness.

Boston Consumers in 2024

2024 in Boston may not herald the next Tea Party, but our consumer data underscores the city's energetic flow as a destination and a place of community. These intriguing and sustained visit patterns reveal the ways Boston is much more than just a geographical location—it’s a lifestyle, a cultural oasis, and a dynamic arena that exemplifies the unique cadence of the "Hub of the Universe."

For More City Foot Traffic Insights

For real estate investors and businesses, understanding city foot traffic is at the heart of identifying upcoming consumer trends and market opportunities. For the data curious, our City Foot Traffic dashboard offers a snapshot of Boston's visitor patterns. For those needing a more comprehensive overview, our extensive report, "What Makes A Great Downtown," offers even deeper insights into the ebb and flow of urban life.

Talk to Unacast

A leader in the location intelligence space, Unacast offers solutions tailored to meet businesses at every phase of their data analytics journey. With a reputation for accuracy, transparency, and innovation, Unacast's location insights platform stands out for its capability to transform raw location data into actionable insights. This lets organizations across industries make more informed decisions, understand consumer behavior, and ultimately drive business growth. Whether used in urban planning, to refine retail strategies, or to support investment decisions, Unacast’s flexible suite of software, APIs, and location data makes it easy to get the insights you need. 

If you’re interested in learning how to use location intelligence to supercharge your business, speak with one of our location data experts today. We'd love to show you how Unacast can facilitate data-driven decision-making in your organization. Book a meeting here.

Frequently Asked Questions

Discover how analyzing real-world movement patterns can reveal valuable trends in customer behavior, optimize business operations, and enhance strategic decision-making.

What is site selection and why is it important?

Site selection is the strategic process by which businesses identify, evaluate, and choose optimal locations for their operations. This process is paramount as the location of a business directly influences factors such as accessibility, visibility, profitability, and market longevity. For retailers, the right site can mean higher customer footfall and increased sales. In real estate, a well-selected site can promise lucrative returns on investment and tenant stability. Financial service firms leverage site selection to position their branches or ATMs in high-demand areas. Essentially, site selection plays a pivotal role in ensuring the success and growth of a business by aligning its physical presence with market opportunities and demands.

How does location intelligence enhance site selection?

Location intelligence refers to the harnessing of geospatial data to derive actionable insights, which can significantly enhance the site selection process. By analyzing data like consumer demographics, foot traffic patterns, competitor locations, trade area data, and more, businesses can make more informed decisions about where to establish or expand their operations. Location intelligence allows for a deeper understanding of market dynamics, revealing hidden opportunities or potential pitfalls. For instance, retailers can identify gaps in the market, real estate professionals can forecast property value trends, and financial service providers can assess areas with high customer demand. Advanced tools, like those offered by Unacast, further refine these insights by leveraging AI and machine learning, enabling more precise and timely decision-making.

What challenges do businesses face in the site selection process?

Unacast provides invaluable support to businesses during the site selection process through its advanced location data and analytics software, all powered and refined by Artificial Intelligence and Machine Learning technologies. The company offers a suite of products designed to deliver accurate, actionable, and comprehensive location intelligence. This data proves crucial for businesses looking to understand consumer behavior, analyze traffic patterns, evaluate competitor locations, and much more. With Unacast’s robust tools, businesses in retail, real estate, and financial services can derive insightful information necessary for making strategic, informed site selection decisions. The platform not only provides reliable data but also ensures it is readily actionable for businesses, whether they are looking to open a new store, invest in property, or expand their financial services to new locations.

What types of location data are crucial for informed site selection?

Demographic data offers insights into the age, income, and lifestyle of people in a particular area, helping businesses understand their potential customer base. Foot traffic data provides information on the number of people visiting a location, which is crucial for retailers to estimate the store's potential popularity and for real estate professionals to assess an area's vibrancy and demand. Geographic Information System (GIS) data helps in visualizing and analyzing geographical details, supporting companies in identifying accessible and strategically located sites. Understanding the proximity to competitors, accessibility, and the socio-economic profile of the surrounding areas is also vital. Unacast’s platform aggregates and analyzes these various data types, providing a holistic view that significantly empowers businesses in their site selection endeavors.

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