Retail Store Location Planning to Optimize Your Store Footprint

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Retail Store Location Planning to Optimize Your Store Footprint

30 September 2021

What is Site Selection Recommender?

SmartMap Site Selection Recommender gives you suggestions of the best solution for your new outlet or shifting non-performing outlet. It is able to pin site suggestions within a 500m square area.

The suggestion given is based on chosen criteria, existing outlets, and competitors as benchmarks. It analyzes your current outlet surrounding businesses, population, and property information to determine the best potential area for your business.

What Info is Available to Aid You Make Decision From the Recommendation?

A report with the combination of demographic and location data such as property and similar business available.
Well-categorized top Point of Interest (POI) for your business to attract the targeted crowd.

Current and Potential Outlet

Visualize your current outlet and potential area on the map.

Demography Data

Population count by a specific gender, age, and ethnic information.

Properties and POI Data

To identify targeted consumers based on property type and from the POI can locate nearby competitors or potential business consumers.

Similar Business Outlet

Identify your targeted similar business or competitor's location as a benchmark.

POI Attraction

Highlight top POI crowd-pullers that could bring foot traffic to your business.

How does Recommendation Engine work?

Analyze the surrounding of your current outlets and find the new potential locations that match your current outlet surrounding businesses, population, and properties within 500m square area.