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Mall Management

Tags : Mall, Mall Management, Shopping Malls, Stores, Retail India, Retail Chains, Retail Industry, Retail Market, Retailing, Retail
Industry : Retail Chain/Logistics, FMCG/Foods/Beverage
Functional Area : Consumer Sales, Logistics & Supply Chain
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About "Mall Management" topic:

Retailers today face many challenges, including increasing competitive pressures, thin margins, high occupancy costs and unpredictable supply base that come in the way of their attaining operational efficiency and profitability. As organized retail grows, the market will only become more competitive and developers will have to work hard to differentiate.

http://www.indiamike.com/photopost/data/509/1826BOM-crossroad.jpg

Faulty mall management along with inappropriate tenant mix would lead to poor mall traffic and closure of individual stores in malls. Professional third party mall management service providers are hence likely to come to the fore. They not only understand these business challenges, but also have the ability to help retailers effectively deal with them.

So, lets have a discussion mall management....

2 insight , 4 debates , 4 idea contests , 3 question on topic: "Mall Management"
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MALL DESIGNING TO BOOST SALES     A creative and talented retailer can use this upcoming art to breathe in new life into his store products. A perfect design process and the ability to create ideas that are different are required. Awareness of happenings is needed so as to keep up-to-date with the dynamics of the market constantly. The art of presentation  includes window displays, signs, interior displays, cosmetic promotions and any other special sales promotions, which puts the merchandise in focus to attract customers and to boost sales. It helps in:  * educating the customers about the product/service in an effective and creative way.  * establishing a creative medium to present mercha...
Susil S. DUNGARWAL  |  Commented  |  2 years ago
I am sorry, I think the author here means "Retail Designing" and not Mall Designing....they are two different things but part of the same industry. Shopping mall Designing involves more of the circulation plan, tenant mix, services, retail...
 
 
Insight: "MALL DESIGNING TO BOOST SALES" deleted from your view.
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If you're in no mood to wrestle with the traffic to get to a mall, hop on their free bus or better still, have them send you a cab. If your grandmother's knees aren't able to keep up with your shopping frenzy, get a golf cart to ferry her around for free. As for your children, they will be looked after at the play centre. 'Malls are going the extra mile to cater to every need of their customers. Malls today are going beyond being shopping and entertainment centres and are becoming community centres,' says Kishore Bhatija, chief executive of InOrbit Malls. People living around the In-Orbit Malls in Mumbai, can attend free workshops on varied interests like self defence, calligraphy or fruit ...
ravi vyas  |  Commented  |  1 year ago
Malls have beocme todays garden, ,meeting place, recreation centre and what not. where else would sthe city dweller go for entertainment today. so this is sthe best place to woo the customers..and thanks they are doing that good for us marketeers.
s.baalu  |  Commented  |  1 year ago
MALLS ARE TURNING OUT TO BE PLACES OF ENTERTAINMENT FOR TIME PASSING,MEETING PEOPLE IN ADDITION TO THE BUILT IN SERVICE OF PROVIDING EVERYTHING UNDER ONE ROOF.A GOOD DEVELOPMENT,SAVING TIME MONEY AND ENERGY.
 
 
Insight: "Malls turning community centres to woo customers!!!" deleted from your view.
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(rate this)
1 Behave like a doctor not a sales man
2 Assist & Chat
jd prasad  |  Added idea  "How to increase the sale"  |  1 year ago
In this issue what ur mention is right.......  for my side i express my idea i.e. there is a chance to adorn sale . we have a chance to create the need to the customer .
murali  |  Added idea  "Be an Advisor"  |  1 year ago
Sales staff Should be Well groomed Given proper training Identifying the customer needs Product Knowledge Smart enough to do up selling Follow SOP  
 
 
Ideate: "How retail staff should act to boost sales?" deleted from your view.
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In India, where people never ever thought of going to a AC room for there vegetable buying are not going in for stores like Reliance Fresh, Spencers etc. So what effect will it have on the locals, who...
Jaygopal Raghavan  |  Answered  |  3 years ago
Both Gaurav and Ajay have got it right equally. Kirana stores will indeed stay for the very simple reason as stated above - personalised service. If i may add further to it - A kirana store owner may even go out of the way to source some rare...
Gangadhar GangaSagar  |  Answered  |  3 years ago
I beg to differ partly. Mall stores offer deep discount, greater variety and independence of making choices, which smart buyers are quick to grasp. On the other side of the spectrum"kirana" stores have higher prices and do severly restrict...
 
 
Answer: "What are your views on the Effect of Mall Culture on Kirana Stores?" deleted from your view.
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In big shopping malls there is no check on sale of Tobacco Products and Liquor and some stores don't even ask for your Age Proof, while selling such products. What do you have to say about it.
Gangadhar GangaSagar  |  Answered  |  3 years ago
I assume you are talking about malls in India, right? Why should purchasing tobacco and liquor from mall be any different than buying cigarettes from a corner "pan-stall"? The point I am trying to make is, malls can impose age limits for these...
Jaygopal Raghavan  |  Answered  |  3 years ago
Why not? Shopping Malls are about choices and range. There is nothing wrong in selling them in Malls. But personally i feel it should be done with general warnings like the smoking is injurious or dont drink and drive messages displayed...
 
 
Answer: "How much is it justified to sell Tobacco Products and Liquor in shopping malls?" deleted from your view.
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Yes 
1
VS
1
 No
santosh kumar  |  Argues in support of  "No"  |  2 years ago
Many malls have spurted across the country. THey have an advantage of providing a slew of options under one roof in a convienient environment. But presently many of them are running empty with falling footfalls even low footfall conversion...
 support: 
 
 
Debate: "Mall retail industry will convert in profit making Business in India" deleted from your view.
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Yes 
15
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4
 No
Rajesh Kumar Thakur  |  Argues in support of  "Yes"  |  1 year ago
Yes, in malls and big bazars companies can display their product which helps on recall the buyer and customer can make comparision also with different brands
NATTERAJA R. ARIKRISHNAN  |  Argues in support of  "No"  |  1 year ago
Thanks for the referrral Mr.Malladi Madhukumar. In my view the malls super bazars helps upto some extent only and that too who are the buyers, only the rich class and upper middle class customers.Here again the product reachability has been...
malladi madhukumar  |  Argues in support of  "Yes"  |  2 years ago
  In small shops either seller has to introduce the product or buyer should ask. Whereas in malls product it self introduces. In advertisement the product is introduced orally or visually from far of distance.In mall we can feel, investigate...
 support: 
 
 
Debate: " contribution of malls, big super bazars, hyper malls in marketing and brand management" deleted from your view.
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1 One Stop place to visit
2 Balanced mix and lay out of stores, footfall, ample spaces, parking, food & rest areas, temprature control & promotions
sls  |  Added idea  "focusing"  |  1 year ago
focusing here referring to the initial concept and how well a management team stick to the concept and run the whole show.
sls  |  Added idea  "accessibility is the playing part of the challenge too"  |  1 year ago
connecting to the mall and easy for shopper to reach also playing very important role here. suburban mall is growing more and more and ppl tend to travel short now and most mall develop keen to look land to develop submall rather than focusing on...
 
 
Ideate: "What are the Strategies involved in Mall Management?" deleted from your view.
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1 Total Safety Concepts
2 Construction Design Management (CDM)
SHRIKANT MANOHAR DANKE  |  Supported idea  "total safety feature"  |  1 year ago
Safety first! which should be the first concern for the customers.
Akhilesh S Joshi  |  Added idea  "Movements on Escalators"  |  1 year ago
It's a very good topic for discussions. While considering all general aspects of safety like, shop lifting, fire fighting, chain snatching, pick pocketing, accidental skids etc., I think, escalators have become the major reason of accidents, even...
rathod bipinchandra liladhar  |  Supported idea  "Total Safety Concepts"  |  2 years ago
Yes definetly I am supporting in total safety concept. They must have smoke detector, heat sensor, automatic fire fighting system/sprinking system for high rised mall. They must have exit route in spare for meeting with any emergency.
 
 
Ideate: "What safety measures one should have in malls?" deleted from your view.
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every mall uses anchor store, multiplex, food court entertainment zone as the part of attracting customers or increasing footfalls.Apart from this promotional activities are also part of increasing f...
Javed Akhtar  |  Answered  |  1 year ago
Ideas for increasing footfalls in the mall: 1. Family disco in the mall as family people hesitate to go in other discos. 2. Safety & Security: Availability of doctors in terms of emergence. 3. Site Map: For proper guidance regarding availability...
shivpal singh  |  Answered  |  1 year ago
Innovative ideas for increasing footfalls and conversion rate Purchase of some amount and above would exempt the car parking charges in the mall premises. This would help to increase conversion from window shoppers. Include counters where all...
 
 
Answer: "innovative ideas for increasing footfall in mall" deleted from your view.
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