In an era of economic uncertainty and workplace disruptions, traditional market data is no longer reliable for business decisions. Retail chains must now embrace advanced analytics and hyperlocal datasets, like mobility data, to stay competitive.
Location data is crucial for the success of your physical stores, helping you tackle complex business challenges and minimize risks throughout your retail strategy. It aids in:
Market analysis
Trade area definition and site selection
Predictive analysis model creation
Performance and profitability monitoring
Chain store network optimization
Customer experience improvement
This eBook from Korem guides you through leveraging location data to transform your retail operations and ensure sustained success.