Going to #Revo2017? We’d love to meet you to discuss your digital wayfinding and advertising needs. Visit Stand 4 @RevoLatest
James Scott, Director at Mall Communications Ltd, is currently embarking on the charity Barcelona or Bust Rally across France and Spain. All sponsorship money will be donated to Scope: About Disability and the Macular Society. To donate:
Together with his brother, Paul Scott, they were tasked to find a vehicle for under £500 to drive across the continent and complete a number of challenges. They chose a typically British 1996 black cab! Starting in Rouen on Friday 8th September 2017, they will arrive in Barcelona on Sunday night. We wish them lots of luck!
Keep up to date with all the latest developments in shopping centre technology with a brand new news feed and sharing site:
Check out shoppingmall.technology for a one-stop hub for shopping mall tech updates, news and more...
The site shoppingmall.technology is brought to you by Mall Communications. If you have comments, an article to submit or wish to contact us, it is email@example.com.
What Shoppers Want @OnBrandGroup showing shopping centres need to engage customers online first, but that centres are very much still in use.
Mall Communications is pleased to announce that we will be exhibiting at the Revo Conference and Exhibition in the Liverpool Exhibition Centre from the 19th -21st September 2017. We have just completed the artwork for our stand and are excited to be part of this superbly run event.
This Revo conference is a unique opportunity to connect and do business with over 2,700 senior level cross-sector experts from the retail property market. Companies such as Aviva Investments, British Land, Savills, various City Councils and many more will all be in attendance. Learn more about the Revo community @revolatest or www.revocommunity.org/events_awards.
We are looking forward to meeting many of you in person and demonstrating our MallVision digital wayfinding products and services, @MallVisionNews.
Mall Communications is pioneering a breakthrough use of WiFi in shopping centres to deliver promotions and services directly to the customer’s mobile phone. In partnership with Trust Systems, we can piggy-back on centres’ WiFi network (or install WiFi) providing a new channel for a whole host of offers, which benefits both the customer and centre management.
As a customer... Logging in just once, with no need for an App, the customer can access immediate discounts, coupons, easy wayfinding to stores, facilities and local area information, plus give feedback. With mobile phone ownership universal, it’s a strategic play that capitalizes on what is now second nature to today’s centre goers.
For the centre itself, there are rich opportunities for revenue generation, with paid advertising from sponsors, tenants, and brands offering discounts via this platform. Moreover, the system affords access to a treasure trove of invaluable data from analytics, such as footfall, traffic flow, return and unique visitors. It can extend to demographics, dwell time or patterns of travel in the centre.
This enables the centre to understand customer behaviour more fully: Examine the impact of the centre layout, see where customers need more help, which devices they use, what they like/dislike and where improvements can be made.
Article by mallcommunications.com
After three very productive days last week at ICSC RECon 2017 in Las Vegas, I can state with absolute certainty: The shopping mall is not an endangered species. Evolving yes, but not dying or in danger of disappearing anytime soon. Nearly 40,000 people gathered in the middle of the Nevada desert stand testament to the fact that the business of Shopping Malls is alive and kicking.
We're seeing a steady stream of press suggesting that malls are 'failing' with the shuttering of legacy anchor stores such Sears and Macy's, the proof of the pudding. It's these headlines that stick in the sub-conscious and cast a negative light on this close-knit industry. Because it only tells part of the story, this narrative has wide-ranging implications for businesses that depend on the industry such as services or ancillary income sectors. It's white noise but it's confidence-eroding nevertheless and that makes potential investors, particularly institutional ones, nervous and they may opt for 'safer' investments in other sectors over the mall business. By way of industry financial background, dividend yield on
shopping mall investments in the year to April 30th 2017 was second only to home financing and healthcare, according to the National Association of Real Estate Investment Trusts.
What needs to be made clear is that nothing stays the same in any sector and that the changing landscape we're seeing is a natural evolution of the industry as a whole. The business of operating a mall must adapt and change its offer to suit the local market. A mall can no longer be seen as one single concept, it must focus on the customer and the experience. From the owners we spoke to last week it's business as usual, tenants change all the time and alway have. Granted, the anchor store changes are a big shift in thinking but the management teams are well ahead of the curve in implementing new concepts. There are many positive stories out there of malls carving up space from anchor stores and bringing in multiple tenants - creating a new draw that, arguably, bests the traditional department store. This is a positive change of direction and we will no doubt end up with multiple concepts in the future tailored to local catchment requirements. Some malls will unfortunately find they no longer have a place in the market due to over saturation, lack of investment, or inability to adapt, but this re-shuffling of the pack will ultimately produce a leaner, fitter industry offering a more dynamic customer experience.
It'll be very interesting to see how the individual owners deal with these new challenges and which of the pioneering strategies that emerge in the next 12 months prove successful in the medium to long term. There are so many technological advances that can be leveraged to offer the customer a personalised experience and seemlessly combine their online, offline and in-store activities. The combination of a dynamic retail offering including brands, pop-ups, dining, and events such as fashion shows - with customer engagement powered through technology - benefits mall owners, retailers, and customers alike. Retailers in particular, need new ways to enable them to reach their customers - targeting consumers with offers directly at the point of sale - and react proactively to business conditions. These tools are already tried and tested and are set to become commonplace in the next 18 months. New malls and refurbishments must place the customer experience at the top of the design
agenda so that customers view it as a desirable destination in its own right - leading to increased dwell time and spend.
So it's goodbye to Las Vegas until RECon 2018 where I'm sure we'll see at least another 40,000 people all connected in some way to a thriving, yet changing, Shopping Mall business.
Lastly, a big thanks to ICSC for a great show once again. #ICSCRECON
It’s that time of year again, the weather is improving and the summer sales are coming soon...
Here at MallVision we can help direct even more customers through your tenants’ doors at this busy time.
Don’t forget, the reverse of our digital wayfinding screens in centres are HD advertising screens, which can be updated remotely to promote brands’ seasonal promotions, throughout the centre…
…with the added bonus that customers can then find the way to the store quickly and easily on the wayfinder!
For more info, firstname.lastname@example.org 020 8068 0350