Hi everyone,
I have a set of US store locations and their revenue mapped out and am trying to identify key success factors that have driven some locations to be more profitable than the others (e.g., demographics, over-index on spending, etc.). This will help inform future expansion and site selection strategy.
Is there a specific analysis or series of steps you would recommend to help identify these criteria?
Thanks in advance.
Hello Amanda,
I recommend the Suitability Analysis workflow in the Business Analyst Web app:
Video: Using Suitability Analysis in Business Analyst - YouTube
Help Document: Suitability Analysis—Business Analyst Web App | Documentation
You can also explore Comparison Reports and Side by side infographics.
Video: Create Interactive Comparison Reports in Business Analyst - YouTube
Blog: Side-by-side Comparison Infographics in ArcGIS Business Analyst
Thanks,
Fasil T.
Business Analyst Team
Thanks for the reply, Fasil.
More specifically, is there a way for Esri to identify the similarities between sites (perhaps more like a regression) instead of me selecting the criteria I want to compare?
Hi Amanda,
I am not sure if you have access to ArcGIS Pro but my colleagues suggested the Target Marketing tool available in that product. They will follow up with you if you have any follow up questions on that.
Target Marketing—ArcGIS Pro | Documentation
Thanks,
Fasil T.