Over 10 years we help companies reach their financial and branding goals. Engitech is a values-driven technology agency dedicated.
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Enhance your insights with trillions of external data, discover local food preferences by neighborhood, and identify opportunities to expand your restaurant chain.
See how the power of trillions of external data points and data science has transformed the ability to identify the best locations for your specific restaurant concept.
Choosing the wrong restaurant location is costly. Key challenges include:
Without in-depth data, it’s difficult to determine if a target area has enough people interested in a particular cuisine. For example, not knowing how many people in an area prefer Mediterranean cuisine or their spend on dining out.
Choosing a location without knowing nearby competitors can lead to oversaturation, making it hard to stand out. Identify key players and locations offering similar cuisine to maintain distance and meet market demand.
A seemingly perfect location may have high crime rates that deter customers. Broad crime stats aren’t enough; you need detailed, area-specific data on relevant crimes and the nature of the crime to make informed decisions.
For restaurant chains with many location options, making decisions without targeted analysis that identifies the most strategic areas lead to hasty choices.
Site selection is a trade off between how much business can be generated from local demand for the cuisine versus the number of competitors that offer similar cuisine.
By leveraging trillions of external data points, our software pinpoints areas that strike the ideal balance between the target customer base and the number of competitors.
Many software solutions offer parcel information, listing availability, and demographic data, but they fall short in delivering a true understanding of the market.
We help to analyze competitor proximity, catchment areas, potential customer distribution, and consumer shopping patterns to help support you in the retail listings you share with your clientele.
Define the client’s use case.
PriceEasy runs a massive simulation to identify regions that are strategic for the retail concept.
Provides comprehensive intel on every site to find key opportunities.
Show site recommendations that have a favorable ROI based on the use case.
Compare top recommendations for the best opportunity in the client’s best interest.
Gain precise intel on the site, combining the data from Vision AI with other external data.
Unique Intelligence that is Only Available with the PriceEasy System
By analyzing people’s mobility patterns, the restaurants they visit, where they shop for groceries, and their spending habits on food—both dining out and at home—we identify your true competitors for any given location, based on their cuisine preferences.
People prefer dining near home or work. Our system analyzes mobility patterns and dining habits to define a catchment area—the region from which you’ll draw customers, based on competitor locations. And the number of people within the catchment area.
When choosing a restaurant, people consider more than just the quality of the food—the overall experience, including location, safety, and surroundings, plays a vital role. We provide a comprehensive analysis of an area’s crime history and overall quality.
