How Location Data is Used in Site Planning?
When it comes to design development, advances facilitated by location data are continuing to revolutionize company standards and procedures. It is now possible to estimate which sites are most likely to enhance sales for seasonal, permanent, and mobile enterprises using knowledge from new data streams. Food trucks, which are a popular lunchtime option for many, operate on a location-based business strategy. Food trucks, on the whole, offer identical lunch selections for around the same cost, making it more difficult for the companies to stand apart from adjacent competitors. As a result, the placement of a food truck can decide the success of the business. Taking an instance of Starbucks, let us understand how the world’s leading coffee chain Starbucks, plans its store location to get the best business profit. Starbucks Criteria These are the only factors that Starbucks evaluates, but based on Rong Di's report and our research, those were some of the characteristics th...