Customer Journey for Business Site Relocation/Expansion
To provide an overview of the customer journey when choosing a site for business relocation or expansion including initial need, site research, location visit, and final decision. Research will be used to better understand the customer journey process.
RELOCATION - INITIAL NEED
SITE RESEARCH AND VISIT
- The report found that larger businesses tend to employ a more objective and systematic decision-making process when researching for the next company site.
- Smaller businesses tend to rely on individual personal preferences, such as proximity to the business owner's residence.
- The following factors were determined to be the most important to firms when researching potential sites: access to transport, property price, proximity to clients, and availability of skilled labor.
- The following factors were deemed to be of low importance: proximity to current firm location, personal preference of key decision makers, quality of life for employees, local wages, government policies, and proximity to suppliers.
EXTERNAL SUPPORT AND FINAL DECISION
Proposed next steps:
You need to be the project owner to select a next step.