Market Analysis encompasses geographic areas (Census Places of cities, towns, or villages) of which the majority of your clients reside. Our Market Analysis also determines whether or not a real estate market has the ability to support the deployment of your new facility.
Markets are compared using socio-economic, demographic, customer density, and a variety of other factors to bring to the forefront the optimal markets for facility deployment.
The goal is to fully understand the financial strengths and weaknesses of those markets in relation to your organization’s value proposition and business model. Once the optimal market has been identified, Redmond will begin the Trade Area Analysis process within the optimal market or markets.