New Store Impact/Store Closure (Cannibalization) App
$1,000/report
ABOUT THE APP
Determine the impact (cannibalization) that adding a new location or closing a location has on your existing location(s). This app’s methodology only utilizes mobility data and does not take into consideration any sales or customer data.
Input: Existing location(s) – store address file or point on a map; potential location/store to close – point on a map or address; trade area (miles)
Output: Likely impact % and honeycomb visualization
- Inrix
Industries:
- Retailers
- Restaurants
- Franchisors
- Franchisees
- Real Estate/Broker Organizations
User Roles:
- Real Estate Developers
- Real Estate Broker
- C-Level
- Finance
- Strategy
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