We synthesise multiple location parameters including: economic, demographic, competitors, brands, points of interest, traffic, commercial concentration, etc.
We then calculate new site potential by combining location metrics with operations data from existing retail sites.
This is used to predict new site sales, store characteristics, trading patterns and profitability.
Our proven approach and rapid start implementation means that we quickly help clients make excellent new site investment decisions.
Value from Location Spark includes:
- Reduced analysis time (20-40%).
- Increased speed to decision using robust and repeatable process.
- Increased forecasting accuracy and minimised probability of poor new site selection.
- Rapid automated site evaluation at low cost with great "return on analytics".