The days that you had to contact an external consultant and wait for a few weeks to have an answer are – fortunately – behind us, because with the RetailSonar platform you now can easily answer this question.

Our online platform (24/7) is the place to consultant all the relevant data you need to evaluate a location in no time at all. You combine internal sales figures with very accurate external data sources for a quick and thorough scan of locations. It’s a great way of saving time and - above all – money.

You answer the following questions at a glance

• What are the strengths and weaknesses of my existing and future stores?
• Is this a good location for a new branch or shop?
• Which spending potential exists in my market segment in this region?
• Which results can I potentially achieve in a market segment?
• What is the social-demographical profile of my potential customer?
• Where is my potential customer located?
• Where are my competitors located?
• Which other nearby retailers can gradually increase my revenue?
• How many shops does my competitor have near my new, potential location?
• How large are my competitors’ shops near my new location?
• How willing are my consumers to travel to my new location?
• How much congestion is there near my new shop location?
• What are my primary and secondary catchment areas?

Moreover, the platform is very user-friendly and can be set up and tailored to your needs, in just a few days. And to make everything even handier, you can export all the results and explorative analyses to a PDF document or Excel file.

Looking for even more insights?

We import your most recent business data to make accurate sales and impact forecasts. You can also easily calculate the cannibalisation effect on your own stores and the stores of your competitors. And you can analyse how online and offline sales interact and enhance or weaken each other.