How Quant’s Location Intelligence Redefines Site Selection in Saudi Arabia
In today’s dynamic business environment, agility and data-driven decision-making are vital for success. For businesses navigating expansion and site selection challenges, Quant’s Location Intelligence offers a powerful solution. By combining cutting-edge geospatial data and AI-driven insights, Quant equips businesses with the tools to make smarter, faster, and more accurate decisions, ensuring sustainable growth in Saudi Arabia’s competitive market.
The Growing Importance of Location Intelligence in Saudi Arabia
Saudi Arabia’s data analytics and AI markets are experiencing exponential growth. The big data and AI sector is projected to surge from $0.38 billion in 2024 to $2.19 billion by 2029, while the real estate market is expected to grow at a CAGR of 8%, reaching $101.62 billion by 2029. This growth highlights the increasing reliance on analytics to navigate market complexities and seize opportunities.
Site selection is a critical aspect of business expansion, but traditional methods relying on outdated and manual research often lead to inefficiencies. Quant’s Location Intelligence revolutionizes this process by delivering actionable insights to ensure optimal site selection for businesses.
The Costs of Poor Site Selection and the Case for Data-Driven Decisions
Research shows that poor site selection can lead to 35% less expected revenue in the first year and over 100,000 SAR in additional annual operational and marketing expenses. In competitive markets like Saudi Arabia, such missteps can severely impact business growth.
With Quant’s Location Intelligence, businesses can:
- Access accurate, real-time data.
- Evaluate multiple data points like demographics, traffic flow, and economic trends.
- Make strategic decisions backed by robust analytics.
This precision not only mitigates risks but also ensures that businesses unlock growth opportunities in untapped markets.
Quant’s Location Intelligence: A Game-Changer for B2B Growth
At the core of Quant’s services is the Location Intelligence tool, a multi-layered platform that integrates diverse datasets to provide a clear and actionable picture of market opportunities. From retail site selection strategies to traffic and demographic data analysis, Location Intelligence is indispensable for B2B enterprises seeking competitive advantages in Saudi Arabia.
Key Data Layers in Location Intelligence:
At the core of Quant’s services is the Location Intelligence tool, a multi-layered platform that integrates diverse datasets to provide a clear and actionable picture of market opportunities. From retail site selection strategies to traffic and demographic data analysis, Location Intelligence is indispensable for B2B enterprises seeking competitive advantages in Saudi Arabia.
Demographic Insights
Understanding the characteristics of their target market is crucial to any business seeking to be successful. Quant helps companies get valuable data about characteristics such as population density, income, age, family members per house or even purchasing capabilities. This can serve as a major advantage to businesses, enabling them to market their offerings differently according to the location.
Traffic Patterns
Economic Health and Real Estate Trends
Real-World Success Stories with Quant’s Location Intelligence
Case Study 1: Expanding into Untapped Areas – Fast Food Chain
When a popular local fast-food chain wanted to enter new markets other than Saudi Arabia’s metropolitan cities, they sought the help of Quant’s Location Intelligence services. Quant used demographic data and economic trend analysis to identify areas with high demand and low competition.
After successfully expanding to these regions, the chain gained a 22% boost in customer base and a 7% increase in revenue. Using the data they obtained from Quant, the company was able to easily expand to new markets that captured their brand’s audience.
Case Study 2: Optimizing Branch Locations – Financial Institution
One of the leading banking institutions in the country were experiencing significant challenges related to customer acquisition and profitability at certain branch locations. They leveraged Quant’s Location Intelligence tool to analyze traffic characteristics, region demographics, and economic health to adjust the locations and scale of their branches.
Following this move, the bank was able to increase its retail customer acquisition by 12% and branch profitability by 10%. With the incorporation of Quant’s data into their operations, they managed to streamline their operations and improved accessibility and customer satisfaction.
Case Study 3: Shortening Site Selection Time – Motor Service Business
In the case of a car wash service business in Riyadh, it was vital to find areas with maximum traffic, preferably on commercial streets with more than 1,500 meters of vacant land. The business used Quant’s Sites Scoring Algorithm to cut the time for scouting down to 30% and shortlist 30 suitable locations within a few hours.
In addition to that, the service business was able to cut down acquisition cost by 30% because of the efficiency in identifying strategic locations. This meant that they could now rapidly secure high-traffic and strategic sites to expand their business
Why Quant’s Location Intelligence is Essential for B2B Success
Quant’s Location Intelligence for B2B goes beyond site selection. It offers comprehensive solutions for:
- Optimizing B2B marketing strategies.
- Gaining geospatial insights for business growth.
- Leveraging AI-driven insights to improve strategic planning.
By integrating these capabilities, businesses can streamline operations, reduce costs, and achieve long-term growth.
In the current competitive world, no business has the luxury to wait for a year or even a month to gather data, predict industry trends, and only then make a move. Quant’s Location Intelligence provides the actionable insights necessary for making confident, data-backed decisions in site selection and market strategy.
Whether you’re entering a new market or optimizing your current locations, Quant’s Location Intelligence tool is the key to sustainable growth. Contact us today to learn how we can transform your business strategies and help you achieve a competitive edge.