Location is often the “make or break” factor in the real estate, retail, and restaurant industries. The landscape is filled with closed stores and failed real estate properties. Why? In many cases it’s the wrong location. To make sure you’re choosing the right location for your next store, service outlet, distribution center, or other real estate venture, use HERE’s (formerly known as Navteq) industry-leading spatial solutions from NAVmart.
You will be able to analyze all relevant information related to potential locations, including:
- Existing locations in your network
- Competitor locations
- Consumer and/or business demographics in the area
- Market penetration
- Extent of trade area
- Location of existing and potential customers
- Traffic counts and travel patterns
HERE’s products will help you make smart, successful decisions that maximize your market penetration while minimizing the costs of expansion. If your strategy is to expand or consolidate an existing network of locations, Korem geospatial (HERE’s Trusted Partner) can provide services that help you choose which locations make the most sense, so that you can provide the best service to existing customers and maximize ongoing profitability.
For more information on how we can help solve your business needs, please contact one of our experts at 844.440.1630 or by email.