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Economic Development Marketing: Building a Business Brand National League of Cities, Austin December 2014 Quiz Time. • You PROBABLY knew that: – Scottsdale is home to 125+ area golf courses, resorts, 9,300 hotel rooms and 600 restaurants – Over 300 sunny days per year • But did you have ANY IDEA that: – – – – 21% of Arizona corporate HQ are in Scottsdale Scottsdale is a NET IMPORTER of jobs In top 5 of regional fiber deployments in US Top employment in healthcare and social assistance Business Attraction & Marketing • ‘Sales’ arm of the City • Promotes community as a NEW location for business to companies, site selectors, brokers • Targets companies for recruitment & leverages existing relationships for leads • Trade shows, website, collateral, digital media, data, target industry analysis Top Business Decision Factors Site Selection Quality of Life 1. 2. 3. 4. 1. 2. 3. 4. 5. 6. Labor costs Highway accessibility Availability of skilled labor Availability of advanced ICT services 5. Occupancy/construction costs 6. Energy availability and rates 7. Corporate tax rates 8. Available buildings 9. Tax exemptions 10. Low union profile/right to work 7. 8. 9. Low crime rate Healthcare facilities Housing availability Housing costs Rating of public schools College and university presence Climate Recreational opportunities Cultural opportunities Source: Site Selection Magazine, 2012 Annual Corporate Survey Recent Announcements Now Add the Complexity: Economic Development Goals Retention VS Expansion Target Industries Unique Site Selection Criteria for Each Unique Methods of Communicating Message Each Unique Value Proposition Has Unique Solutions Labor attraction Regulation Transportation Infrastructure What Do You Need In Order to Address All This? A Strong Understanding Of: 1. Your local economic strengths and weaknesses. 2. Your community’s place in the broader regional economy. 3. Your community’s economic development vision and goals. 4. Your community’s strategy to attain its goals, along with resources and measurements. 5. Connections between economic development and other city policies. 6. Your regulatory environment. 7. Your local economic development stakeholders and partners. 8. The needs of your local business community. 9. Your community’s economic development message. 10. Your economic development staff. Source: NLC, the Role of Local Elected Officials in Economic Development If You Cannot Do ANYTHING Else, Address Your Digital Presence. • Can be out of the game before you knew you were in • Fully redesigned, award winning website • SizeUp tool helps businesses determine: – How to increase cash flow – See who their competitors are – Outperform their competition – Find the best place to advertise • Commercial real estate search • EXTENSIVE amounts of data within the site Thank you. More information: ChooseScottsdale.com @ScottsdaleEcDev Danielle Casey, CEcD, EDFP Director 480-312-7601 [email protected] ChooseScottsdale Text ‘ChooseScottsdale’ to 22828 for e-news