Area Research Associates can partner with your company to create a realistic plan to grow your business. Working together, we make use of the power to test any imaginable number of potential strategic scenarios to create a clear vision of what your facility network can look like in the future. Capabilities that ARA offers in scenario testing include:
- Identifying the best markets for targeted retail expansion based on the balance of key factors that determine your facility’s success. In the process, you reduce your risk and avoid potentially expensive mistakes in site selection.
- Helping you screen and select within a market to uncover the potentially “hottest” site locations.
- Projecting future sales and profits for any number of alternative real estate development scenarios.
- Helping you develop a strategic plan to optimize locations and improve overall sales penetration while keeping cannibalization of existing facilities to a minimum.
Area Research Associates combines the latest GIS techniques with years of “on the ground” real estate experience. Take advantage of quantifiable market research to successfully execute your real estate plans.