2 Geomarketing analysis

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MasudIbne756
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Joined: Sat Dec 21, 2024 3:53 am

2 Geomarketing analysis

Post by MasudIbne756 »

So, assuming that these customers say “yes, it is important for me to have a single-brand store that expresses the brand's philosophy 100%, because now online or at retailers I hadn't fully understood it”, it's time to move on to step 2.


The question you need to ask yourself is: what is the best place, in Italy or in my city, to open a store ? Based on the target customers you want to address and the spending volumes that people make in that specific area, you will be able to understand if it is worth opening in that area or not.

Once the strategic area has been identified, it is necessary chinese singapore phone number list to make a small economic calculation.

3 Profit and Loss Account Analysis
You need to study what costs you will have to face to open a store. So let's talk about rent, logistics, distribution, staff, marketing, but above all management ! Once this part of the income statement is finished, step 4 focuses on the future.
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