Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Customer Spotting Technique

An approach to estimating the retail trade area (and sales/revenue potential) for a given establishment or center based on the location of existing customers via point-of-sale information (by obtaining customer address or zip code data) or customer surveys (by interviewing customers as they enter the store); data which can later be mapped to determine the extent of the trade area.

Source: NCREIF | Date: 02 September 2025 | ID: D1033 | Version: 1