KPI
KPI is an abbreviation for 'Key Performance Indicator'. This concept is used to define all indicators that can explain the performance of a location. There are different groups of KPIs defined within the application:
- Sales KPIs such as market share, average basket ...
- Competition KPIs such as number of competitors or total competitive weight
- Potential KPIs such as market potential
- Socio-demographic KPIs such as number of inhabitants, wealth index...
- Location DNA {or micro environment indicators} such as visibility, cross-visit potential...
- Drivetimes between zones and competitors / locations