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Economic Development Marketing in Greater Reading Presentation to Commercial Industrial Council

Why Brokers Should Work with EDO's

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Greater Reading Economic Partnership markets Greater Reading, PA to position the region as a community built for success. We do this through many channels, but GreaterReading.com is our top marketing tool. The new property and data addition to GreaterReading.com provides free access to high-quality demographic, market & business analysis.

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Page 1: Why Brokers Should Work with EDO's

Economic Development Marketingin Greater Reading

Presentation to Commercial Industrial Council

Page 2: Why Brokers Should Work with EDO's

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What Does GREP Do?

Page 3: Why Brokers Should Work with EDO's

GREP: Committed to Berks County Companies

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Page 4: Why Brokers Should Work with EDO's

• Financing

• Entrepreneur Training

• Workforce training

• Municipal, township, borough & state officials

• Governor’s Action Team

• Local utility providers

• Business to business introductions & referrals

• New market expansions

• Best manufacturing processes & practices

• Innovation experts

• Exporting

• Succession Planning

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GREP: Committed to Berks County Companies – providing connections to:

Page 5: Why Brokers Should Work with EDO's

• Maidencreek Township– Excelsior Blower

• Muhlenberg Township– EthoSource– Fidelity Technologies– Great Grow– National Brokers of America

• Exeter Township– Birdsboro Kosher Farms– Visionary Insurance Partners

• Wyomissing– SG America– Longhorn Steakhouse

• Maxatawny Township– Saucony Creek Brewing

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GREP: 2013 Highlights

1,467 total jobs822,500 square feet

• City of Reading– Bills Khakis– Einstein Analytics– Isolator Fitness– Metals Your Way– Prizer Painter (BlueStar)

• Cumru Township– Reitnouer, Inc.

17 new and expanding companies!

Page 6: Why Brokers Should Work with EDO's

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Birdsboro Kosher Farms

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GreaterReadingSites.com

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Fish where the fish are.

Site selectors and businesses will go straight to GreaterReadingSites.com.

Brokers can profit from:• Free marketing• Increased traffic• Direct, qualified leads• Expanded lead generation

Page 9: Why Brokers Should Work with EDO's

Nearly all businesses and site selectors use the Internet to make location decisions

• 98% of corporate real estate professionals & site selectors use the Internet for researching site location decisions

• Site selection research by non-consultants is performed after business hours & weekends

Sources in Order: Economic Development Marketing: Present & Future; Dennis Donovan, Wadley-Donovan, UEDA Annual Conf. SF.

©GIS Planning Inc. 2012

Page 10: Why Brokers Should Work with EDO's

User-generated content (blogs, forums)Videos

Transactions (business licenses, permit applications, etc.)Formatting option for mobile devices/mobile apps

Business listComparisons to other areas

Social media integrationNews about community (past or present)

Hyperlinks to other organizationsTestimonials and success storiesEmployment training programs

Quality of life (climate, schools, housing, culture, healthcare, etc.)Business assistance services/how to start a business

GIS mapping tools for site selection analysis assistanceMajor employers

IncentivesStaff directory and contact information (phone, fax, email, address)

Major industries or business/industry clustersMaps

Infrastructure (utilities and transportation)Demographic reports

Labor force (availability and wages)Land/sites and buildings inventory

24%33%

48%51%

53%55%

60%60%

67%67%

70%73%74%

77%80%81%

83%83%85%86%

90%91%91%

Most important features for economic development websites

Source: National Survey of Economic Developers and Site Selection Professionals by Ubalde & Simundza. 2011.

Page 11: Why Brokers Should Work with EDO's

• Free Marketing• Direct Leads• Qualified Leads• Money in Pocket

©GIS Planning Inc. 2012

What GreaterReadingSites.com means for real estate professionals

Page 12: Why Brokers Should Work with EDO's

Qualified Leads: If they contact you they have already done their homework

and know that you have

something they want.

©GIS Planning Inc. 2012

What GreaterReadingSites.com means for real estate professionals

Page 13: Why Brokers Should Work with EDO's

Business Intelligence:

Access to

high-quality demographic, market & business analysis (for free).

©GIS Planning Inc. 2012

What GreaterReadingSites.com means for real estate professionals

Page 14: Why Brokers Should Work with EDO's

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Access to Data

Page 15: Why Brokers Should Work with EDO's

©GIS Planning Inc. 2012

GreaterReadingSites.com speeds up, simplifies and expands the process of generating leads and gathering information

Page 16: Why Brokers Should Work with EDO's

Increasing Visibility at the Local, State

AND National Level

©GIS Planning Inc. 2012

Page 17: Why Brokers Should Work with EDO's

All pros, no cons

• Simple and fast to add listings• Substantially increase traffic• Free marketing• Access to informed, motivated prospects• Qualified leads• Strengthen rapport with your community

Page 18: Why Brokers Should Work with EDO's

How We Can Work Together

• Assistance with prospect and company visits

– GREP rolls out the red carpet to Berks County

• Customized demographics and workforce reports

• Connectivity to ED resources and community leaders

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Page 19: Why Brokers Should Work with EDO's

Contact us, we are here to help!

Pamela Shupp, AICP, CEcD

Vice President

[email protected]

(610) 376.4237

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Page 20: Why Brokers Should Work with EDO's

Connect with Us!

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Facebook.com/GreaterReadingEconomicPartnership

Company Page: Greater Reading Economic Partnershipwww.linkedin.com/in/pamelashupp

@GreaterReading#GREP2014#GreaterReading

GreaterReading.com

Page 21: Why Brokers Should Work with EDO's

Pamela Shupp, AICP, CEcD, Vice President201 Penn St. Suite 502, Reading, PA [email protected](610) 376.4237

Thank you.Let’s continue working together to be something greater.