1. Locations like towns, cities, retail parks, and office parks provide opportunities for businesses to interact with customers through employment, shopping, leisure activities, and transportation hubs.
2. These locations are organized in hierarchies where larger population centers have gravitational pull over smaller nearby locations. Understanding these hierarchies can help with branch planning and network development.
3. An example hierarchy shows the town of Droitwich satisfies basic needs but residents may travel to larger nearby Worcester or dominant center Birmingham for more options. Representation in the network should consider location importance within hierarchies.
RE Capital's Visionary Leadership under Newman Leech
Understanding Location Hierarchies
1. UNDERSTANDING LOCATIONS www.siteassessment.co.uk We all live, work, shop and enjoy ourselves in different places, or “locations”, but how do we define them, how do they inter-relate, and why does it matter? Site Assessment Services Consultancy
![Potential locations for your stores or branches take different forms …. ,[object Object],[object Object],[object Object],[object Object],www.siteassessment.co.uk Site Assessment Services Consultancy All these locations offer opportunities for interaction with existing and potential customers.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)