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Business

Maptitude Learning Portal articles tagged with Business

How to Perform Spatial Segmentation Analysis?

Understanding your customers is essential for growth, and one of the most powerful tools for doing this is business GIS. With tools like Maptitude, organizations can move beyond simple lists of customers or ZIP Code maps to uncover patterns, trends, and opportunities that are otherwise hidden in spreadsheets. Using geodemographic segmentation data alongside your customer …

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How to Identify Target Zones for Expansion

To identify target zones for expansion, you can use market targeting mapping software. Market targeting is a strategy used by businesses that have a deep understanding of their customer base. This approach relies on identifying customer traits and linking them to data sets for actionable insights. For example: An established restaurant may know its core demographic …

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How to Measure Hotel Market Share using the Huff Model in Maptitude

This article explores how hotels can be used to measure tourism attractiveness. We do this by establishing the size of the trade area of each community based on the number of lodging opportunities in competing towns. To complete this analysis, we use Maptitude Mapping Software. Why do a Trade Area Analysis? A trade area analysis provides …

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How Do I Calculate Market Share for Three or More Brands?

You can calculate market share for three or more brands by using sales mapping software. You can create a multiple brand Market Share analysis using the Huff Gravity model to compare three or more sets of competing locations by any area (postal/ZIP codes, political/administrative/territory boundaries, etc.). The analysis will estimate the market share for all sets …

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