Every POS at maximum performance.
Are your existing points of sale (POS) performing at maximum capacity or is there still some room for improvement? Our models can map the full potential of every point of sale and every neighbourhood. We then compare this with their current performance and identify underutilized points of sale and regions. Finally, we search for the best way to turn them into absolute champions.
Benchmark your current network
- Calculate the theoretical potential for every point of sale and neighbourhood, based on theoretical buyer flux models or historical performance.
- Compare this potential with recent effective performance to benchmark every store and every neighbourhood.
- Identify underutilized points of sale and POS with overcapacity as well as those that are underdeveloped.
- Identify areas that are underdeveloped.
- Explain the effective performance by mapping customer penetration, buying frequency and average receipt amounts. This enables us to understand what is the problem in underdeveloped points of sale.
Analyze potential decisions
- Analyze the impact of every action you take through the RetailSonar platform.
- Periodically check the evolutions of the actual performance of every point of sale and for every neighbourhood.
- Evaluate which actions were a success and which weren’t. Use these insights to permanently optimize the potential of your points of sale.
- And so much more.
And so much more.
Optimize your performance
- Take the right action for every point of sale to grow towards its theoretical potential.
- Organize in-store promotions to reverse low footfall and low receipt amounts.
- Decrease the capacity of points of sales that have insufficient potential to run at full capacity. We can determine the optimum staffing and layout of these points of sale with our queue models.
- Activate customers through specific marketing campaigns for underutilized points of sale.
- Activate underdeveloped areas with targeted marketing campaigns.
How we’ve helped our clients
“Thanks to RetailSonar, we avoid internal uncertainties and subjective estimations.”
"RetailSonar shows us exactly how many new shops we could potentially open and where."
“We only invest our money in the very best places.”
“An accurate sales forecast now takes 5 minutes instead of 10 working days.”
"We are optimizing our entire branch network with greater confidence and certainty."
"We wanted unambiguous and accurate revenue forecasts for each new store"
“This type of investment can run into millions, which is why our franchisees need to be able to rely on accurate information.”
“Within 5 minutes I already know whether it is worth analysing a location in more detail. This saves me a lot of time.”
"The predictions of Chargeplanner perfectly align what we see in reality"
"We can now substantiate our intuition with facts."
“ChargePlanner helps us improve how we think, plan, and grow.”
Upcoming events
Take your network performance to the next level with this beginner-friendly session, designed to identify opportunities and catch...
Take your network performance to the next level with this beginner-friendly session, designed to identify opportunities and catch...
Take your network performance to the next level with this beginner-friendly session, designed to identify opportunities and catch...
Book a meeting with our retail expert and maximize your ROI
Discover how you can optimize your location strategy by making the smartest location decisions.