Propin can help retailers forecast sales for new store locations by analyzing historical sales data, foot traffic patterns, and other relevant factors.
Create opportunities map based on scoring of various data sources, such as demographics, competition, reviews, and traffic. This helps customers strategically expand their operations by identifying optimal areas for opening new stores and available commercial properties.
Precise revenue prediction. Customers understand how their new locations affect each other and how much sales are lost due to cannibalization. By analyzing this impact and also the competition, customers can adjust their strategies and optimize their operations to maximize profitability.