Search among the top café & restaurant brands by number of locations
Join us for a demo where we'll discuss how Realytics can support your business growth and adaptability in changing market conditions
Managing Partner, Global Business Development
Search among the top 10,053 café & restaurant brands by number of locations
Search among the top café & restaurant brands by number of locations
In Cafe & Restaurants
·May – Jul 25
Formosa is ahead of most brands
Sample of brands in the same percentile
See what factors influence Formosa performance in the Latvia and how they change over time
See what factors influence Formosa performance in the Latvia and how they change over time
Available by subscription
Available by subscription
An analysis of Formosa' competitors in the Latvia
An analysis of Formosa' competitors in the Latvia
Top-5 brands that brand's customers also visit
Discover your traffic workload during different times of the day
Join us for a demo where we'll discuss how Realytics can support your business growth and adaptability in changing market conditions
Managing Partner, Global Business Development
In Cafe & Restaurants
In Cafe & Restaurants
Search among the top 10,053 café & restaurant brands by number of locations
Cafe & Restaurants
Market performance percentile indicates brand's share of foot traffic, revealing its competitive strength and customer preference in the industry.
Formosa's market performance is at the 56th percentile in the Cafe & Restaurants industry in Latvia, indicating an average market standing. It suggests that Formosa is on par with brands such as "Kazbārs", SPURA, Fontaine Gypsy Camp, Gardi gan, Picērija Meistars un Margarita, and Druvas, which share the same percentile. This performance reflects a moderate level of customer preference and competitive strength within the industry.
Identifying competitors through cross-visitation patterns helps understand market dynamics and customer preferences in the Cafe & Restaurants industry.
Formosa's customers in Latvia also frequently visit CAFFEINE, BarDuck Restobar, Rocket Bean, Plovs no Bahtijara, and And Bubble Tea屿茶, with a cross-visitation rate of 25% for each. This suggests that these brands are perceived as alternatives or complementary options by Formosa's customer base.
Analyzing traffic workload by hours helps optimize staffing and resource allocation to match customer demand effectively.
Formosa experiences peak traffic workload between 10:00 and 20:00, with the highest workload at 11:00 (60%). There is no traffic from 0:00 to 9:00, and after 20:00. This data indicates the prime operating hours for Formosa and suggests when staffing should be at its highest levels.
Analyzing consumer segments by Gender and Generation informs targeted marketing and positioning strategies in the Cafe & Restaurants industry.
Women (232 index) and Gen Y (193 index) are overrepresented among Formosa's consumers. This means that women and Gen Y are more likely than average consumers to visit Formosa. This suggests a higher affinity towards Formosa among these groups.