GeoIQ's Solution for Lenskart
When recommendation engines are backed by location data, businesses are able to add another data layer to their expansion models and make more pin-pointed decisions. The brief idea behind optimizing the expansion plan for a business is to identify the best-performing stores and find new locations using real-world data with similar conditions: socio-economic, demographic, level of infrastructure, population density, and many more.
Build Your Site Report with RetailIQ
A detailed report providing a brief about revenue score, demography, and other vital attributes to help you make a data-driven informed decision for your next optimal retail location. Get 20 free credits to derive insights for 20 different locations.
For more details please get in touch with us at [email protected], or visit our website https://geoiq.io/.