
Huff model
The Huff model is a way to predict where people will choose to shop based on factors like store size, location, and attractiveness. It estimates the likelihood that a customer will visit a particular store by considering how appealing the store is and how close it is to the customer, relative to other options nearby. Essentially, it helps businesses understand shopping patterns and optimize store placement or marketing strategies by modeling consumer choice through a balance of convenience and attractiveness.