How to Create an Effective EV Strategy
Etienne Lincourt|August 23, 2023
Thinking about adding EV chargers to your stores? We answer the key questions to help you unlock the potential for increased revenue for retail businesses.
The Missing Ingredient in Your Competitive Landscape Analysis
Gabrielle Lebrun|February 23, 2023
All companies from the smallest startups to multinational corporations can benefit from a competitive landscape analysis, which is considered a key ingredient to success. But they are all missing one thing: the usage of hyperlocal data such as mobility data.
The Power of Traffic Data for Retail Predictive Analytics
Gabrielle Lebrun|February 9, 2023
To measure store success, static data must be combined with pedestrian and vehicle mobility data, which are a powerful means of predicting sales and adapting supply to demand with the utmost accuracy.
Building an Efficient EV Infrastructure Strategy With Geospatial
Gabrielle Lebrun|February 8, 2023
Korem can help you develop an effective EV infrastructure strategy through location data and site analytics that will assist you in complying with regulations and meeting increasing customer demand.
The Benefits of Geolocation for the Retail Industry
Gabrielle Lebrun|November 3, 2022
Geolocation can help retailers in the post-pandemic era in three ways: optimizing last-mile delivery, managing new mobility data sources, and building an electric vehicle charging station strategy.
When Average Annual Daily Traffic (AADT) Is No Longer the Standard
Jean-Sébastien Turcotte|October 3, 2022
For years, the retail industry has relied on Annual Average Daily Traffic (AADT) to understand traffic around existing and planned locations. However, it is no longer an accurate measure as a differentiating indicator because there are now more reliable sources of traffic data available, such as DHT.
EV Charging Stations Will Challenge Retailer’s Brand Identities
Joe Francica|July 6, 2022
Currently, EV charging stations are popping up at hotels, malls, and restaurants. This is already transforming trade areas for both fuel retailers and the places where consumers stop for longer periods of time than they would to gas up their ICE cars.
The Revenge of Demographics
Joe Francica|June 8, 2022
If Census geographies are suspect and mobile movement data are subject to limited geographic extents and privacy, what’s the answer? The answer is to use both.
How Geospatial Technology Can Help Select Optimal Locations for Electric Vehicle Charging Stations
Gabrielle Lebrun|April 4, 2022
Access to quality geospatial data and analysis of that data using a geographic information system (GIS) is critical to determining ideal sites for electric vehicle charging stations.
Using Foot Traffic Data to Discover Retail Success
Jean-Sébastien Turcotte|December 20, 2021
Foot traffic data contributes to the creation of a model for retail store success. It helps measure customer attraction, understand local demographics and the impact of competition.
Retail Traffic Analytics is not a Trivial Pursuit
Jean-Sébastien Turcotte|December 14, 2021
Traffic analysis has many benefits, such as understanding sales performance and consumer behavior, as well as better competitive intelligence. There are several ways to use vehicular traffic data, which deliver accurate, comprehensive traffic counts.
Where Retail Site Selection, Analytics and Perfect Information Meet
Joe Francica|August 26, 2021
Today, selecting “where” is the domain of the geospatial data scientists that have an abundance of information available to them. However, because the access to digital data is rich and vast, the competition is brutal.
The Best Ways to Perform Retail Trade Area Analysis Today
Joe Francica|August 16, 2021
The trade area definition hasn’t really changed, but the amount and variety of data available to create and analyze trade areas certainly has. Read more for today’s techniques and benefits of trade area analysis in retail.
Take-out? Drive thru? BOPIS? Retailers Adapt Quickly to Serve Loyal Customers
Joe Francica|May 5, 2021
Geospatial technology can be the critical element that provides superior customer service. Read how retailers have adapted during the pandemic.
Paying the Right Amount of Online Sales Tax? It’s Taxing
Joe Francica|April 15, 2021
Online retailers have the burden of assigning the right sales tax to each purchase—the task can be complex if you add local jurisdictions and tax district boundaries.
Mobile Location Data Dynamically Identifies Trends in Retail, Real Estate and Beyond
Joe Francica|February 16, 2021
Mobility data has tremendous potential and the COVID-19 era shed light on how more dynamic, more real-time data has been utilized. Users can now seek those additional applications of the data and technology.
Geospatial Innovation in Fuel Retail for Smarter Decision-Making
Mike Nadeau|July 27, 2020
Confidently creating winning pricing strategies, forecasting sales, and executing is within your grasp with a personalized approach and the best mix of geospatial data, technology, and expertise.
How Retail Industry Data and Geospatial Analysis Are Used to Gain Customer Insights and Drive Growth
Antoine Émond-Verreault|July 17, 2020
Location data represents one of the critical success factors in the retail industry. Geospatial data and technologies are the foundation of retail success, from site selection to geospatial marketing to customer experience.