Lowering risk for new site selection

19 November 2022

Do you work in retail, hospitality or leisure? Would you like to expand to new sites at lower risk?

Resilient brands are still expanding, but are becoming more cautious about site selection. This is why a good quantitative base for prospective investments is so important. Data, location analytics and applied AI can significantly reduce new site selection risk.

Launching new site selection projects without understanding location data wastes significant time on search, review and management decision making. Buying and aggregating various location data sets piecemeal can be complicated and yield mixed results.

Algospark predict sales for new prospective sites using a bespoke tool tailored for client expansion plans. It combines trading data from existing sites with external data (location, demographics, competitors, complimentary brands, visitor numbers, office workers, etc). Do you have a franchise model? Our approach enables you to help new franchisees make investment decisions.

We simplify the complex in a cost effective way to help clients make great decisions.

Get in touch so we can lower the risk for your expansion plans. info@algospark.com

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+44 207 558 8728
info@algospark.com
3rd Floor, 207 Regent Street
London, W1B 3HH. UK
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