trade area

Retailer's customer region

A trade area is the geographic region from which a business draws its customers.

Retail analysts map trade areas to understand market reach: The new grocery store's trade area extends about five miles in each direction.

The term also applies to zones designated for commerce, like free trade areas where tariffs are reduced or eliminated between participating countries.

Related

retail district · commerce · shopping center · shoppers · radius · drive time · boundary · retail · big box · customers · consumer base · footfall · foot traffic · downtown · town center · plaza · merchants · local businesses

Categories
Opposites
commercial activity

trade areadead zone

Area lacking signal coverage

residential area · wilderness · hinterland · protected wilderness

economic integration

trade areaautarky

Complete economic independence

quarantine zone

commercial function

trade areashipping route

Maritime freight pathway

trade route · supply chain · distribution network

Family

trade, area, trades, traded, trading, trader, traders, tradesman, tradesmen

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