Retail Catchment Analysis
Retail Catchment Analysis
Problem
Inventory management, Demographic challenges, Parking and traffic management challenges.
Solution
Catchment Analysis is the defined area around a store, site or venue that has a sphere of influence to draw in customers. Using Azure maps retailers can gain an insight of the locality. It allows them to gather the data related to parking availability, competitors, understand a location, and analyze business drivers and disruptors from a spatial perspective. All these factors help businesses to strategize and increase sales.
BENEFITS
- Better understand business drivers and disruptors
- Search within the Isochrone to determine the demographic data
- Increase in Sales
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