March 11-13, 2025 | Myrtle Beach, SC — Price increases by $150 after February 7. Register Now
Data-Driven Domination: A Site Selection Blueprint
Finding the perfect area for a new location is no longer a matter of gut feeling. By leveraging the power of data analytics, restaurant leaders can make informed decisions that drive growth and profitability. This session will delve into the specific use of demographic and traffic pattern data to identify prime locations and optimize expansion plans.
Experts will discuss:
- Analyzing income levels, age groups, family composition and foot traffic patterns.
- Leveraging foot traffic and consumer spending data to assess market potential.
- The impact of nearby businesses and attractions.
- Using real-time traffic data to optimize delivery and takeout operations.
- Mapping tools.
- Forecasting future trends and consumer behavior.