Comments on: Vertical Search vs Specialty Malls!

By: Manish Madan

Manish Madan — Sun, 03 Jun 2007 16:47:09 +0000

There was a time when these malls were fast running out of business because footfalls didn’t really translate into purchases. One study said this was because of powercuts in the Delhi/NCR region. Whenever there was a powercut, people headed to a mall to enjoy the airconditioned atmosphere!

By: The art of profitability - Adrian Slywotzky (part 1/3) « Me-and-erring scribbles

Thu, 08 Mar 2007 09:35:49 +0000

[...] The model seems applicable in very specific scenarios but consider a travel agent that offers the best deals on all airlines and hotels as opposed to one that has limited tie-ups. The concept of specialized malls as mentioned in Bâ€™s post is another such example [...]

By: Bharani

Bharani — Wed, 07 Mar 2007 18:53:23 +0000

Ramki, Monk makes sure that you are always on your feet answering his questions

Jeeva, \”Mall of malls\” huh? LOL…I need to chat with you sometime…will ping you in the weekend. Allow my application

Uday, I did read about the Gold Towers (different from Gold SOUK) you are referring to. Infact, Gold SOUK is planning a branch in chennai too…You are right about ROI. I don\’t see huge crowds in this GOLD SOUK which is next to my apartment…No facts available too…

Murugesh, thanks for writing about Russian malls…

By: Jeeva

Jeeva — Wed, 07 Mar 2007 12:23:48 +0000

Monk

I did mean maalamaal.

Jeeva

By: Monk

Monk — Wed, 07 Mar 2007 07:34:38 +0000

Ramki,
I didn’t refer to the mall… it was more on “time for actual purchases”

Jeeva,
Amsterdam is famous for different reasons –> so that becomes “maalamaal”

By: Murugesh

Murugesh — Wed, 07 Mar 2007 07:15:19 +0000

Quite nice to see you back on track…

I had some great experiences in Moscow. I happened to see IKEA furniture mall. One of the best I have seen.

Then there was a electronics super market(3 floors). Deals can be negotiaited. Its called Gorbushka.. Moer like our Richie street. But it happens in Mall.
http://www.gorbushka.ru/
http://en.wikipedia.org/wiki/Gorbushka

I happened to purchase at a spot called Auchan. One of the best organised retail super market I have seen. Complete Moscow shops there… Every thing is 10-30% cheap. Typical saravana stores.. but a superior quality and well organised billing and service… The important Management lesson I learnt there was..”Lesser the margin, bigger market share you acquire, and there is no need for big advertising… the customers do it for you, If your service happens to be good”…

http://www.auchan.ru/
http://en.wikipedia.org/wiki/Auchan

Hope Reliance makes something of that kind in India. It will help the middle class. Retail should focus on Middle class to make it big.

By: Scott

Scott — Wed, 07 Mar 2007 04:31:08 +0000

I’m in the process of building a Water Property Cyber Mall right now. You really put it together. Thank you.

By: uday

uday — Tue, 06 Mar 2007 15:00:47 +0000

Not sure if you are aware of a GOLD SOUK in chennai,
http://www.realvalue.in/realgold_souk_decs.htm.

Ya while speciality malls do offer a lot more than shopping experience, i really doubt the ROI with respect to setting up bussiness in these malls compared to conventional individual establishment. To me buying in malls become cheaper once cost of setting up malls becomes less, real estate wise.

By: Jeeva

Jeeva — Tue, 06 Mar 2007 13:54:58 +0000

What about the “Mall” in Amsterdam? That is a “mall of malls” right ?

By: Ramki

Ramki — Tue, 06 Mar 2007 09:27:48 +0000

@Monk, amazingly I haven’t visited even one mall till now.
Not that there are lots in Bangalore, but even the ones that are there haven’t benefitted.