As mentioned earlier, these actions may embody occasions such as jazz, classical music, opera, Latin music, musical plays, non-musical performs, ballet and different dance. In order to know what types of audiences attend these cultural actions, the National Endowment for the Arts conducted a 2008 nationwide participant study. The commerce area for arts and leisure activities may be completely different than your Trade Area outlined earlier in your market analysis. This area is typically referred to as a “destination” trade space, meaning that people could also be keen to journey longer distances to attend art or entertainment occasions. Data to describe market demand for arts and entertainment can embody info on where your expected viewers lives, who they’re, and what forms of actions they take pleasure in collaborating in. Different arts and leisure activities can have completely different commerce areas, so it is important to be taught what kinds of …
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