Glossary entry

Chinese term or phrase:

商圈評估

English translation:

Assessment of the business potential of the operating area

Added to glossary by Germaine A Hoston
Sep 24, 2012 03:53
11 yrs ago
Chinese term

商圈評估

Chinese to English Bus/Financial Business/Commerce (general)
This is in the title of a clause in a franchise agreement for a Starbucks type franchise. The entire title of the clause is: 商圈評估差旅費

The first sentence of this clause reads as follows:
"乙方可依需求向甲方申請商圈評估人員,評估人員薪資由甲方負擔,商圈評估差旅費(食膳、交通及住宿)由乙方負擔."

Any assistance would be greatly appreciated--thank you in advance!

Discussion

Shirley Lao Sep 24, 2012:
See references Trade area analysis and mapping describe the characteristics of the area around a store or network of stores.
http://www.mappinganalytics.com/trade-area-analysis/trade-ar...

A trade area can be loosely defined as the geographic area from which businesses or a city draws its customers. A trade area is determined by the city size, location of the city with respect to other trade centers, and the criteria used to distinguish trade area boundaries.
http://www.discovernorthwood.com/trade.htm

http://www.google.com.hk/#hl=zh-CN&safe=strict&q=商圈 trade a...

Proposed translations

+1
3 hrs
Selected

Assessment of the business potential of the operating area

For an existing or prospective spot for a new franchised shop.

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Note added at 6 дн (2012-09-30 20:42:46 GMT)
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Or "operating area business potential assessment"..
Peer comment(s):

agree Joanna Chow
1 day 0 min
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4 KudoZ points awarded for this answer. Comment: "This is excellent!"
+1
11 mins

business circle assessment

travel expenses for the business circle assessment
Peer comment(s):

agree Joanna Chow
1 day 3 hrs
Thank you.
Something went wrong...
+1
4 hrs

business assessment

There are some good educated guesses here, but in the absence of further information, we'd have to say we don't know what this means. The term 商圈 has When the Chinese is underspecified and vague, giving a vague translation is a good solution!

If you're happy with the definition that Shirley and Patrick suggest - that 商圈 here has a geographical meaning - then you could use:
Area assessment
Franchise potential survey
Local survey
...or a mix and match of the above
Peer comment(s):

agree Vladyslav Golovaty : student's aid: 商discuss, deliberate, consult ... 圈 ring, circle… 评 evaluate, assess, characterize, criticize ... 估 estimate ...
25 mins
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9 hrs

Franchise Territory Assessment

To conduct franchise territory mapping

Hire your own consultant to map out the franchise territory, typically based on many factors such as social demographics, business counts, market size, customer potential, human traffic etc.
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