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Easily validate your grocery sales projections
Getting sales projections for a proposed grocery location should take mere minutes. However, accuracy and transparency should not be sacrificed for speed. When brands leverage SiteZeus, they get a highly accurate sales projection within minutes as well as the ability to explore the variables behind every projection. With SiteZeus, brands have a constant, high-level understanding of their model accuracy using the Synergy Power Score, which represents the median accuracy of the overall model. Users can also review the variables positively and negatively affecting their individual projections with the Variable Impact Tool. And additional features such as mobile data, traffic data, and comparable sites equip users to further validate their projections with ease. To see how you can validate sales projections using SiteZeus, watch below:
Instant insights into grocery revenue potential
Calculating revenue potential is a top priority when analyzing proposed grocery locations. In the past, brands used a time-consuming, complex process to understand sales potential. With SiteZeus, users can evaluate the revenue potential for a proposed grocery location faster, easier, and more accurately for a higher ROI on their location-based decisions! Once your brand has a predictive model in SiteZeus, you can run as many projections as you'd like. When you drop a pin on the map, a revenue projection — known as a “Zeustimate” — is immediately calculated. To make the Zeustimate even more accurate, you can update site characteristics (e.g., square footage, building type, number of drive-thrus, etc.) for the proposed location, and the machine learning algorithm will instantly re-evaluate the location's potential. Each Zeustimate is conveniently broken down into different revenue streams for more detailed insights. To see how SiteZeus makes finding and validating new grocery locations easier than ever before, watch the quick demo below:
Crucial steps towards successful grocery expansion
Are you looking to expand your grocery brand quickly and effectively? By recognizing what key factors drive your sales and by how much, SiteZeus can support your brand’s current expansion plans. Understanding key sales drivers are crucial steps in the continued success of any expansion strategy. Most importantly, while these insights used to take days, weeks, or even months for other solutions to produce, SiteZeus’ Synergy Grid can present this vital information in a matter of minutes. Through fast and accurate data analysis, the Synergy Grid investigates the correlations between brand locations and conveniently displays findings in a highly reportable manner. To learn more on how the Synergy Grid can benefit you, see this tool in action by watching this short video or by scheduling a demo below:
Retail brands look beyond A.I. to solve for locations
“Artificial intelligence is going to change everything, everything, 180 degrees…There is no way to beat the machines, so you’d better bone up on what makes them tick.” Mark Cuban, American businessman, and investor.
Thank you for stopping by at ICSC RECon 2019
Thank you for a successful ICSC RECon 2019! We hope you were lucky enough to partake in our #FREEcon Giveaway.
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