When selecting the best way to evaluate new store sites, you may want to consider the following:
- The complex characteristics of your Market Areas, including geographic areas, numbers of stores, and number of customers
- Developing a profile for your customers, describing their demographics, lifestyle characteristics, and consumption behavior
- The people who will use the profiles and the best way to get them the information
- Your budget.
Here are some options to help you evaluate new store sites:
- Engage a service who will work with you to understand your specific needs and develop profiles, reports, and maps that suit your objectives
- Sign up for an online, web-based service, which allows you to discover new site candidates, evaluate sites and select a new site based on the data
- Acquire software - a good choice for those who have the staff and budget to design and deliver their own solution.
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