AI-Powered Retail Location Intelligence
Advanced analytics tool for optimizing retail footprint and maximizing sales potential for high-value product rollouts
Client
Market-Leading Prescription Lens Manufacturer
Challenge
The client needed to optimize their retail footprint by identifying the highest-potential locations for existing and new stores for a product rollout with very high-capex, and a strong focus on maximizing sales for key product categories.
- High capital expenditure requirements demanded precise location selection to minimize risk
- Need to maximize sales potential for specific high-value product lines
- Traditional location analysis methods lacked precision and comprehensive data integration
Our Approach
We developed a comprehensive AI-powered analytics platform that transformed how our client evaluates and selects retail locations for their precision lens products.
- Developed AI-driven analytics tool integrating multiple data sources
- Created sophisticated ranking algorithm for sales potential evaluation
- Built predictive model for sales volume forecasting
- Built predictive model for ROI of device installation
- Designed intuitive interface for business users
Results
The AI-powered location intelligence platform delivered measurable improvements in retail expansion strategy and location selection accuracy.
- Adapted for retail expansion strategy intelligence
- Created prioritized ranking of store locations
- Identified overlooked high-potential locations
- Generated precise sales predictions exceeding traditional accuracy
- Tool improved through machine learning from performance data
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