Start with a question you want to answer. Questions can be broadly categorized into three types:
- Type 1: Questions that can be answered by "looking up" the data. Ex: What is the population in Upper West Side, NY
- Type 2: Questions that are clear but the answer requires a "level of infererence". ie, multiple data points need to be combined and a result has to be derived and cannot be approximated as a lookup problem. Ex: Which branches of a huge chain are underperforming?
- Type 3: Question vague and answer requires question distillation into Type 2 and Type 1. Ex: Where should a restaurant setup a new location and why? The question needs to be diluted to simpler questions and metrics need to be created. Such as what does it mean to justify a location choice
Note that these are boilerplate questions can be modified / extended based on the use-case, depth of the study and so on. There is no obligation to stick to these questions. Contributors are encouraged to come up with their own questions.
- Comparative Statistics for all outlets of a particular brand in a city / country
- Metrics across a number of features such as driving time from locations, nearby competition and nearby demographics
- Result can be a ranked list of locations based on location suitability
- Possibly recommend certain locations to shut down
https://api.dotlas.com/socio-demographics/sales_territory/timehttps://api.dotlas.com/socio-demographics/sales_territory/distancehttps://api.dotlas.com/competition/nearby/{commercial_type}
- Which cuisine occurs the most in a city
- How does the cuisine correlate with outlet rating and locations?
- Are there clustered cuisine hotspots where a certain cuisine is saturating the market?
- Ex: If a new outlet is setup in a neighbourhood where there are multiple restaurants of a particular cuisine, then what are the odds of success from the marginal contribution of the same cuisine in that restaurant?
https://api.dotlas.com/competition/nearby/{commercial_type}https://api.dotlas.com/competition/insights/categories/{city}/{commercial_type}https://api.dotlas.com/competition/categories/{city}/{commercial_type}
- What are the most competitive areas in a city for a restaurant?
- Where do most restaurants of a particular category or type share locations?
- Mark locations that would not be worth the "bang for buck" under this paradigm
https://api.dotlas.com/competition/nearby/{commercial_type}https://api.dotlas.com/competition/brands/{city}/{commercial_type}https://api.dotlas.com/competition/insights/brands/{city}/{commercial_type}
- Which city, area and locations are most suitable to setup a restaurant business?
- All endpoints relevant to perform to a top-down analysis.