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November 6, 2008 ( PowerHomeBiz ) -
Cochin, India
-- GIS assists you to make strategic business plans with an exclusive set of
planning services which helps you make decisions in various competitive
retail business segments. The retail store network is optimized to improve
your return-on invested-capital (ROIC) based on identifying the specific
trade areas.
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By understanding geography and people's relationship to location, we can
make informed decisions about the way we live on our planet. Successful
businesses use Business Geointelligence. Organizations can go beyond
standard data analysis by using GIS tools to integrate, view, and analyze
data using geography.
How do you choose a successful retail site?
Location is the often repeated mantra that empowers retail site selection
success. Gis accelerates this success by identifying a site of high demand
potential and visual exposure through our business geointelligence methods.
GIS has tailored solutions for specific business needs which include
advanced geospatial modeling, statistical analysis, and cross-referencing of
customer, public and private data.
All these are designed to help companies identify, analyze, and
prioritize the fresh and upcoming business prospects and optimize existing
sales and marketing programs to enhance their profit potentials.
GIS help you make decisions on:
Real Estate Management. Planning New Locations. Network Optimization/
Selection. Planning Business Planning. Territory Planning. Input for the
process
Demographics. Expenditure potential. Consumer segmentation. Shopping
center locations. Your corporate or proprietary database.
Applications of GIS Services in Retail Sector:
Evaluate current market position and identify under and over invaded
submarkets. Estimate the number of locations a market can support.
Understand the effects of competitive market moves. Identify the optimal
expansion opportunities in a market. Evaluate existing stores to spot over &
under performers. Measure the impact of new store openings,
relocations,remodels, closures, and competitive acquisitions. Identification
of a series of existing locations that resemble the proposed location. A
compilation of maps and reports that highlight the crucial information about
a potential site in a consistent and comparable manner. Score potential
locations based on the quality and composition of the expected trade area.
Assess the size and shape of a proposed store’s trade area based on
urbanicity and competitive intensity. Store networks and prioritize capital
investments based on predictive, multi-factor trade areas. Optimize store
networks; and localize marketing and merchandising. Prioritize markets to
enter, expand or exit. GIS Benefits:
Increase revenue potential by realizing market share. Understand spheres
of influence and gain knowledge of your trading areas. Estimate sales and
quantify market cannibalization. Enhance performance of existing stores.
Prioritize retail expansion and optimize retail network strategies. Improve
returns on direct marketing and promotional campaigns with better. Stimulate
development strategies for improved results. Reduce risk on long-term real
estate decisions.
We hope you found it useful. For more information about the applications
of GIS Services in various sectors Please visit the following link.
http://www.sblgis.com
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