
Our Retail Edge Solution Set is designed to meet the needs of
your retail operations – from research to real estate.
Retail Edge Solution Set
- Site Selection and Network Optimization Analytics
- Market Research/Intelligence
Site Selection and Network Optimization Solutions
for the Entire Enterprise
Retail Edge is the cornerstone of our solution. It's a proprietary
and customized site evaluation model for sales forecasting
and site screening. Each model is individually developed using
a customer's internal performance data, our in-depth market
data, and traditional demographics. The result is a highly
predictive forecast with a high degree of accuracy that reduces
investment risk.
MetroEdge provides our customers with proven network optimization
and expansion strategies that provide maximum value on infrastructure
investments and new location selections. We also specialize
in reaching previously undefined markets such as underserved,
ethnic, growth, and urban environments.
Network Optimizer
If you are looking to create greater market presence, it's
advantageous to optimize the location of a network of stores
in an area rather than singularly. With MetroEdge's
proprietary methods that better capture the potential of an
area, both urban and suburban markets, you increase your potential
for success.
Cannibal Modeling
One of the most complex factors in new store location is the
potential sales diversion from existing stores. Cannibal estimates
transfer sales from neighborhood stores and, if required,
factors the transfer sales into the estimate produced by Retail
Edge – creating a more realistic view of new sales.
Trade Area Mapper
Often, trade areas do not fit neatly into pre-determined boundaries.
Our Trade Mapper constructs custom Huff-style probabilistic
trade areas for new and existing stores, using advanced modeling
techniques such as maximum likelihood and entropy maximization.
The result is an increase in the accuracy of sales forecasts.
Market Research Solutions
"On-The-Ground" Intelligence Tools for "In-The-Field"
Decisions
MetroEdge can provide you with in-depth market data that
uncovers the true potential of markets, trade areas, and individual
sites. You receive a proactive and targeted investment program
that will better reach your customers while improving profit
goals.
Expert Source
Tap into your company's expertise to create more accurate
forecasting with Expert Source. Based on customized questionnaires
for your internal teams you can quickly capture and rate "soft
information" that can be incorporated into a sales forecasting
model for a more targeted forecast to improve your investment
program.
Hurdle Strategy
With Hurdle, you can accurately estimate the probability of
a new store meeting a user-defined sales goal or hurdle. This
is important as you plan your infrastructure investments to
produce a successful expansion program.
Benchmark Performance
Evaluate the performance of your existing stores. Using Benchmark,
you can assess the performance of your stores based on market
and site potential. Determine if your stores are over- or
under-performing relative to potential. With this analysis,
you can then target your merchandising, promotions, and product
mix to increase a store's performance.
Customer and Store Segmentation
MetroEdge can create a custom segmentation system from your
own internal customer database to improve target marketing
strategies and results. We can conduct a segmentation of your
stores according to market characteristics to help you better
profile your customers and meet their preferences.
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