{"id":1522,"date":"2014-03-24T15:41:56","date_gmt":"2014-03-24T15:41:56","guid":{"rendered":"https:\/\/www.mbi-geodata.com\/en\/purchasing-power\/"},"modified":"2018-02-19T09:56:55","modified_gmt":"2018-02-19T09:56:55","slug":"purchasing-power","status":"publish","type":"page","link":"https:\/\/www.mbi-geodata.com\/p1\/purchasing-power\/","title":{"rendered":"PURCHASING POWER"},"content":{"rendered":"
OUR DEFINITION OF PURCHASING POWER \/ INCOME DATA<\/div>\n

Purchasing Power refers to the disposable income (i.e. income after taxes and social contributions, including received transfer payments) of a certain region\u2019s population. Consequently Purchasing Power consists of net incomes from  employment and assets (after taxes and social contributions), pensions, unemployment benefits, benefit payments and other national transfer payments.<\/p>\n

A per capita index of 100 indicates the area\u2019s purchasing power is in line with the national average and index above or below this average shows the amount of deviation from the average, positively or negatively.<\/p>\n

Purchasing Power \u2013 The key indicator for sound location and sales territory planning<\/strong>
\nIn today’s competitive retail market, sales, optimization and growth are critical to survival. All businesses need to know where their customers are located and how much disposable income their target groups possess. Basically the understanding of what the population in a given area has available for consumption. The Purchasing Power allows companies to zero in on their regional markets with increased precision and accuracy.<\/p>\n

ADVANTAGES OF THE MB-INTERNATIONAL PURCHASING POWER<\/h2>\n