stats presentation group
TRANSCRIPT
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`Understand the mall culture in India
`
Understand the peoples perception of mall
Analyze the recent fall of sales in malls
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` Primary Data
Questionaire answered by people visiting malls
` Secondary Data
Books and InternetSample Area-Mani Square Mall,Southcity Mall,City
Centre Mall
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` Sample Area-Mani Square Mall,Southcity Mall,City
Centre Mall.
Collecting the data
Survey Method
Questionaire
Books and Internet
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` A shopping mall, is one or more buildings
forming a complex of shops representing
merchandisers, with interconnecting walkways
enabling visitors to easily walk from unit to unit,along with a parking area a modern, indoor
version of the traditional marketplace.
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Weekly MarketsVillage Fairs
Melas
Convenience Stores
Mom and Pop/Kiranas
PDS Outlets
Khadi Stores
Cooperatives
Exclusive Brand Outlets
Hyper/Super Markets
Department Stores
Shopping Malls
Traditional/Pervasive
Reach
Government
Supported
Historic/Rural
Reach
Modern Formats/
International
Evolution of Shopping Mall
Source of
EntertainmentNeighborhood
Stores/Convenience
Availability/ Low
Costs /
Distribution
Shopping
Experience/Efficiency
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` Fashion/Specialty Centers
Characterized as higher end, fashion oriented centers between 80,000 and250,000 sq. ft.
` Community Centers
Characterized as having between 100,000 and 350,000 sq. ft. Usually two
types of anchors, such as a discount department store or largespecialty/discount apparel store.
` Lifestyle Centers
A new designation that has a loose definition. Generally, it's a center that doesnot have an anchor tenant in the classic sense (that is, a department store).However, lifestyle centers increasingly have a cinema as a major tenant.Others have just a small collection of exclusive shops.
` Outlet Centers
Characterized as manufacturers' outlet centers between 50,000 and 400,000sq. ft.
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` Regional CentersArea between 400,000 and 800,000 sq. ft.Two or more anchors, such as a conventionaldepartment store, junior department store, massmerchant, discount department store, or fashion apparel
store.` Superregional Centers
Area over 800,000 sq. ft.Three or more anchors, such as a conventionaldepartment store, junior department store, massmerchant, or fashion apparel store.
` Theme/Festival CentersCharacterized as tourist-oriented, retail and servicecenters between 80,000 and 250,000 sq. ft.
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` High establishment cost` High maintenance cost` Too many competitors` Offers cannot attract all types of footfalls` Food courts and multiplexes making most of the
deals` Profit margin not being very high` Easy availability of all brands at local markets at
cheaper rates` Prices being compared with local markets
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5-7 million
Super Rich
70 80 million
Afford Cars, Private Healthcare &Foreign travel
250 - 300 million
Afford goods like Refrigerators , Scooters& Colour TVs
600-700 million (Generally Rural)Afford simple industrial products
e.g. bicycles , radios , textilesPoverty Line = income less than $ 1 /day
Source: McKinsey,
60 % of Indias population are under 24 years
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Bargraph showing no. of visitors-
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Average people per hour = 16097
12
=1341 persons per hr.(approx.).
Average people per minute =134160
= 23 persons per min.(approx)
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0%
5%
10%
15%
20%
25%
30%
35%
40%
VISITTO
DISCOU
NTST
OR
S
CIALA
ARL
NTR
TAINM
N
LUXUR
YST
OR
S
TIM
AS
S
Series1
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` Out of 16097 through random sampling method
we questioned only 100 people (20 persons each).
` Out of these 100 we found:
Students-47.Office goers-22
Housewives-13
Staffs and others-18
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` Interiors attracts but prices do not` No credit available` Too much window shopping` Higher brands higher costs` Being regarded as get together spot` Terms and conditions not as expected` Recession forcing people to save every penny
of their income
` Local market being close and more cheaper` No benefit on bulk purchase` Offers on selected products
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` Advertise More
` Examine the Pricing Strategy
` Manage theirMoney
` Check that customers get connected to productsand owners both.
` Allow credit to regular customers
` OfferDiscounts to Repeat Customers
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