SlideShare une entreprise Scribd logo
1  sur  15
Télécharger pour lire hors ligne
A COMPARITIVE STUDY ON
CITY CENTER AND RAMEE MALL




                   Pradeep.M
                   Roll.No: 45
                   Mall Management
                   March 2013
                   Chennai Business School
Learning Outcomes:

The main objective of the study is to learn various steps to successful establishing of Mall from
concept stage to opening of the mall and then managing it further with best practices of CRM,
marketing, operations, leasing, tenant mix, facilities management, atmospherics,
communication mix and other add-ons like entertainment options, its importance, multiplex
operations, brand valuation for mall, parking management, food court management, retain
demand analysis, location analysis and site selection, store design, layout planning, footfalls and
marketing planning , Maintenance management, etc..

The Study focuses in depth in

   •   Understanding the concept of Zoning and Tenant mix across two different malls
   •   Get an idea of role and significance of different types of tenants like, anchor tenants and
       vanilla tenants
   •   Knowing about major issues concerning tenants and tenant mix management
   •   Understanding the concept and need for marketing and promotional activities in a mall
   •   How Mall positioning and Customer profiling is integrated
   •   Effectiveness of Horizontal and Vertical navigation
   •   Role of Anchor Tenants and its correlation with Footfalls
   •   Proportion of Retail-Food-Entertainment-Services and its importance for a mall.
Parameters     City Center                 Ramee Mall                 Remarks

                                                                      City Center is situated at Mylapore
                                                                      which is a cultural hub and
                                                                      neighborhood in the southern part of
                                                                      the city of Chennai, the catchment
                                                                      areas are Mandaveli, Adyar, Marina,
                                                                      Royapettah, Mountroad etc..
Location       Mylapore                    Teynampet
                                                                      Ramee Mall is situated in the heart of
                                                                      Chennai, Anna Salai Teynampet which
                                                                      covers the main areas like T.Nagar,
                                                                      Nungambakkam, Egmore, Mylapore,
                                                                      Gopalapuram ,Royapettah, Alwarpet
                                                                      etc,

                                                                      City Center occupies first five floors of
                                                                      the property. The remaining 5 floors
                                                                      are occupied by corporate offices.
                                                                      Ramee mall occupies the first three
               180,000sq.ft                201,879sq.ft               floors of the property. The remaining
Size
                                                                      15 floors are occupied by Hyatt
                                                                      Regency Chennai.

                                                                      Comparatively both the mall has
                                                                      almost same retail space.

               Complete mix of apparel,                              The clusters of like and similar tenants
               fashion accessories,                                  can hold up the rent levels more
               consumer durables with a    Clusters of like and      successfully than shops of similar type
               blend of few fast food      similar tenants together. being spread widely apart across the
Tenant Mix
               kiosks’ makes its very                                property. Though Ramee has made a
               interactive to customers                              good tenant mix doesn’t attract much
               but failed in forming a                               crowd. In case of city center its vise
               cluster.                                              versa.


                                                                      The presence of a strong Anchor store
                                                                      is also a very critical factor in
                                                                      determining the success of that mall.
                                                                      Strong brands like Lifestyle & Shoppers
                                                                      Stop acts as a pillar to protect the
                                                                      brand. They attract the majority of the
Anchor Store   Lifestyle, Landmark, INOX   Shoppers Stop, Q-Play      customer through their brand names
                                                                      & it results in the increase of footfalls
                                                                      in the malls & thereby generating
                                                                      more sales to other stores also.

                                                                      Both the malls don’t have any food &
                                                                      grocery supermarket, which is very
                                                                      unhealthy.
In both the malls vanilla stores were of
                                                                             similar size.
                     Park Avenue, Indigo Nation, Timex, Eye T World,
                     Mochi, Health & Glow,       Archies, MAC, Biba,
Vanilla Stores
                     Begum etc..                 Krylan etc..                Vanilla Stores in City center are low
                                                                             premium and budgeted brands where
                                                                             as in Ramee it’s more of luxury brands.


                                                                             The walk ins is significantly very low in
                                                                             Ramee when compared to City center.


                                                                             The ratio of walk ins in each mall
Walk ins
                     Weekdays – 15000              Weekdays – 1500           between weekdays and weekends
(Approximate of      Weekends – 25000              Weekends – 5000           City    – 1 : 2.4
the Mall)                                                                    Ramee – 1: 3.33

                                                                             The walk ins is actually 3.3 times more
                                                                             in Ramee during weekends than
                                                                             weekdays.


                                                                             More or less the percentage of walk
                                                                             ins to the anchor stores in both the
                                                                             malls is same.
                     70% - 80% of total walk ins   70% - 75% of total walk
Walk ins in the
                                                   ins                       But when actual numbers are taken it
Anchor Stores
                                                                             makes a huge difference

                                                                             City Center - 16000
                                                                             Ramee      - 2500



                                                                             On an average the conversion rate for
                                                                             City Center is 52% where as for Ramee
                                                                             its 70%
Likely conversions
                     LS - 45% - 50%                SS - 45% - 50%
( Your
                     LM - 30% - 40%                QP - 85% - 90%
guesstimate) in      INOX - 55% - 65%                                        The Conversion for Q-Play is
Anchor Stores                                                                significantly high because it’s a
                                                                             destination point where people make
                                                                             a planned purchase.
There are a variety of ways to get in
                      City Center has                  Ramee has                  contact with customer service
                      conceptualized a French          conceptualized a           representatives in both the malls. The
                      Theme                            Boutique Theme             representative tries to make your
Internal & External
                                                                                  shopping experience more enjoyable
Branding
                      Differentiated in the form       Differentiated in the      by providing General Mall Information,
                      of Kiosks and Vanilla stores     form providing Services    Mall Maps, Lost & Found, Mall Gift
                      proportion                       in the mall                Cards, Wheelchairs, First Aid
                                                                                  Announcement Services, etc.



                      Designed in a double             The Ramee Mall is
                      dumbbell shape, anchors          designed in a ‘T’ shaped   Both the malls have strategically
                      Landmark and lifestyle           fashion (single dumbbell   located their food court and
                      occupying two different          shaped),                   entertainment zone at their top floors
                      corners and vanilla retailers    Anchor tenant Shoppers     to bring the maximum foot traffic.
                      in the middle                    Stop at each floor end
Lay out                                                and vanilla retailers in   But Ramee looks more organized
                      food court and                   the middle.                when compared to City Center.
                      Multiplex(INOX) is
                      positioned on the top floor      food court is positioned   Both the malls placed restrooms at the
                      to attract consumers             on the top floor to        end of long service corridors.
                      vertically up                    attract consumers
                                                       vertically up


                                                                                  Ramee Mall’s tenant mix based on
                                                                                  zoning not only helps attract and
                      Ground Floor – Complete          Ground floor –             retain shoppers by offering them wide
                      mix of kiosk’s, fashion          International Luxury       range of choices and satisfying
                      accessories stores and           brands (Mostly Fashion     multiple needs, but also facilitates the
                      consumer durables.               Apparels) Impulse          smooth movement of shoppers within
                      (Impulse as well as planned      buying products            the mall,
                      purchase)
Zoning
                                                                                  Whereas in City Center few vanilla
                      1st and 2nd floor dominated      1st and 2nd floor well     tenants have moved out (probably
                      by anchor stores(Landmark        known premium brands       lockdown period would have expired)
                      and Lifestyle) and some          with consumer durable      due to which the flow of similar
                      vanilla stores, Kiosk’s in the   and fashion accessories.   tenants is missing. To overcome this
                      middle.(planned purchase)        (Planned Purchase)         gap City Center has converted dead
                                                                                  space in the common area in to
                                                                                  attractive kiosks.
The size of the floors is almost same in
                                                   44,000 sqft at the          both the malls. People tend to cover
                                                   ground floor,               entire floor very well, but still the
                                                   50,000 sqft on the first    navigational movement horizontally is
                   Ground, 1st, 2nd floor –        floor,                      comparatively good in City center than
Navigation
                   40,000 sqft approx              75,000 sqft on the          Ramee.
( Horizontal )                                     second floor and
                                                   50,000 sqft as parking      Ramee has got some dead drop points
                                                   space.                      in its 1st & 2nd floor and some tenants
                                                                               are yet to come.


                                                                               The Vertical Navigation is good in both
                                                                               the malls, strategically located food
                                                                               court and entertainment zone at their
                                                                               top floors to bring the maximum foot
Navigation
                   5 floors + 1(parking)           3 floors + 1(parking)       traffic. Since Ramee mall has got only
( Vertical )
                                                                               3 floors, the traffic travels all the way
                                                                               up to the top floor with minimal
                                                                               reduction of footfalls in each floor.


                                                                               Ramee has got comparatively more
                                                                               number of service providers than any
                                                                               other malls in Chennai, the reason is
                                                                               their main customer base is from
Proportion of
                   Ret - 60%                       Ret - 50%                   Hyatt Regency, to serve them Ramee
Retail,
                   Ent - 15%                       Ent - 20%                   has come up with too many service
Entertainment,     Food- 20%                       Food- 20%                   providers.
Food & Services    Serv - 5%                       Serv – 10%                  (Air/Train ticket booking, Spa/Saloon, Money
                                                                               transfer/exchange, ATM, Photo shoot,
                                                                               International Courier, Mehandi, Tour
                                                                               consulting etc..)

                                                                               Both the malls made good proportion
                                                                               that caters their customer base.


                                                                               Both the malls provide comparatively
                                                                               good ample parking and maneuvering
                                                                               of cars from the parking lot.
                   2 floors of underground         Underground Covered
                   covered Car/Bike Parking        Car/Bike Parking facility   Smart car parking in City Center
                   facility available (70k sqft)   available (50k sqft)        enables customer to choose their
Facilities – Car                                                               parking plan depending upon their
Parking / Bike     Open Air Parking available      Open Air Parking            usage hours. It’s good to have such a
Parking            inside the mall premises        available inside the mall   plan. In near future it is expected that
premises                    all the malls will follow such a plan.
                   Pickup / Drop point
                   available                     Valet Parking available     Though both the malls have Pickup /
                                                                             Drop points, only in Ramee it serves
                   Smart car parking             Pickup / Drop point         well. The multiple lanes at the
                                                 available                   entrance of city center confuse people
                                                                             so that drop point doesn’t cater its
                                                                             purpose.


                                                                             The car parking fee at Ramee mall is a
                                                                             standard Rs.30 irrespective of the
                                                                             number of hours spent.
                   Car-Rs20/ 1st hr                                          However they need to have an
                   Additional Rs10/hr                                        arrangement or consideration for
                                                 Car -Rs30/per day           people who need to come and leave
                   Bike -Rs15/1st hr                                         within 15min? (like say - pick up a
Charges            Additional Rs5/hr                                         baggage from store/ return an item/
                                                 Bike -Rs20/per day          pick up an alteration given).
                   Full day parking-Rs40 on
                   weekdays and Rs60 on                                      City Center has customized its parking
                   weekends                                                  charges in such a way that customer
                                                                             can avail their parking coupon in
                                                                             hourly or full day basis


                                                 Digital mall directory at   Ramee follows a user friendly touch
                   Roof top fine dining with     multiple points             screen enabled digital mall directory,
                   scenic beach view                                         where as in City Center they follow the
                                                 Toilets – separate for      printed mall directory displayed
                   Toilets – separate for        customers and               beneath a huge transparent glass.
                   customers and                 Staff
                   Staff                                                     The Roof top fine dining with scenic
                                                 Water softening and         beach view is really outstanding, no
                   Building and floor            purification                other malls in Chennai has such
Other Facilities   directories detection                                     facility.
                   system                        Signage directing
                                                 customers towards           Ramee’s signage is significantly good
                   Water softening and           elevators, toilets and      in terms of visibility, font size, font
                   purification                  fire exits                  color and readability when compared
                                                                             to City center.
                   Signage directing             Uninterrupted power
                   customers towards             supply with power           City Center has to improve its power
                   elevators, toilets and fire   backup                      supply to next level; there is a gap of
                   exits                                                     few minutes when it turns from direct
                                                 Emergency lighting in all   current to generator.
                                                 areas
Both the malls has well defined the
                                                                               category of services offered based on
                                                                               demographics, psychographics,
                                                                               income levels, competition in
                                                                               neighboring areas and extensive
                                                                               market research of the catchment.
                     Positioned itself as a
                     "family destination            Positioned itself as a     Ramee is clearly perceived as a mall
                     shopping mall built with a     “boutique Shopping         for entertainment. Q-Play Bowling
                     French theme, both the         Mall and Entertainment     Alley, Video games, and a kid’s
Customer Profiling   exteriors and interiors        destination”.              entertainment zone appear to support
& Mall Positioning   designed based on French                                  the perception. Another factor
                     architecture.                                             contributing to the perception is the
                                                    The mall provide           absence of a departmental store like
                     The mall provides premium      high-end luxury            Big Bazaar or Easy Day in the mall.
                     and budget products            products catering to the
                     catering to the middle class   elite class                City Center is also clearly perceived as
                     (socio-economic                (socio-economic            a mall for entertainment. The mall
                     classification B1, B2, C       classification A and B     having low range of shops is hardly
                     consumers)                     consumers)                 visited for purchasing goods, with
                                                                               lifestyle, Landmark and INOX as
                                                                               anchor stores; it is a hang out place for
                                                                               the population in the catchment area,
                                                                               especially students.


                     Weekdays:                      Weekdays:
                     Least crowded – 10am –         Least crowded – 10am –     The Least and Most crowded time in
                     11am                           1pm                        weekdays is more or less same in both
                                                                               the malls. But there is a significant
                     Most crowded- 6pm to           Most crowded- 6pm to       difference in weekends. It is because
                     9pm                            9pm                        of the prime location of City Center
Least and Most                                                                 which is very near to Marina Beach,
crowed time of       Weekends:                      Weekends:                  Kapaleeswarar temple and Santhome
the week             Least crowded – 12pm –         Least crowded – 10pm –     Bascillica which are tourist spots and
                     1pm                            1pm                        naturally Chennai Citi Center also
                                                                               attracts many tourists.
                     Most crowded- 4pm to           Most crowded- 6pm to
                     9pm                            9pm


Marketing &          At least one or two events     One or two events per      Organizing cultural events has proved
Promotion            per week.                      month.                     vital in attracting consumers to a mall.
activities                                          Highly Involved with       City Center is keener on such activities,
                     Uses Print media for           Social networking          which also act as a differentiator for
conducted by the
                     marketing & promoting          websites to marketing &    the mall.
Mall
                                                    promoting
In city center when a customer shops
                                                                             at their anchor stores, they reimburse
                                                                             the parking fee paid.

                    Parking Coupons from           Loyalty cards provided    In Ramee Mall a special loyalty card is
CRM measures
                    Anchor tenants (typically      for Hyatt Regency         given to Hyatt Regency customers
used by the Mall    not a CRM measure)             customers                 where they can avail discount if they
                                                                             make a minimum purchase of Rs.5000

                                                                             Both the malls follow a healthy
                                                                             practice which motivates customer in
                                                                             shopping and makes loyal towards the
                                                                             mall.


                    CCTV equipped,                 CCTV equipped

                    metal detectors at all entry   metal detectors at all    Both the malls need to have those
                    points                         entry points              signing boards that will clearly tell
                                                                             people where from and how to
                    Patrol & Escort crew           Emergency Phones or       escape. Today these malls are not just
                    available                      Call Boxes                visited by educated crowd. If people
                                                                             are educated and made to understand
                    2 Emergency exits              multiple fire escape      there will be less panic and we can
Safety & Security                                  routes with panic doors   avoid mishaps.
measures of the     Equipped with Fire alarm
Mall                and fire extinguishers,        Equipped with             Ramee mall has Emergency Phones
                    safety masks, oxygen           automatic fire            which is highly visible, located in
                    cylinders, sufficient water    suppression systems,      parking areas and in the mall itself. I
                    sources etc..                  smoke detectors, heat     personally encourage such measures,
                                                   detectors, fire           and this has to be followed in all the
                                                   extinguishers, safety     malls.
                    First aid kits                 masks, oxygen cylinders

                                                   First aid kits,
                                                   ambulances on duty


                                                                             Though the size of both the malls looks
                                                                             similar, the no of employees working
No of Employees                                                              in city center is double the time when
                                                                             compared to Ramee. The reason
working in the
                    150 – 200                      80 – 100                  behind this is the footfalls.
Mall (
approximate )                                                                Footfalls play a key role in determining
                                                                             no of employees in a mall. More the
                                                                             footfalls, more employees to manage.
City Center is built up with a French
                                                                                     theme, taking inspiration from
                                                                                     traditional French culture. The Roof
                                                                                     allows natural light to pass through.
                    35% natural lighting            10% natural lighting             Natural lighting helps to create a
Lighting
                                                                                     softer, friendlier environment.

                                                                                     Ramee is built up with Boutique theme
                                                                                     where electrical lighting is very
                                                                                     essential to maintain the consistency
                                                                                     of look and feel of the place.


                    Temperature was not             Temperature was                  City Center’s air-conditioning is not
                    uniform all over the mall       uniform all over the mall        good enough to relieve people from
                                                    except some dead drop            heat. Having such good foot traffic City
                    Central atrium was super        spots                            Center has to do something about this.
                    hot and humid
A/C
                                                                                     Ramee should improve on using power
                                                                                     supply at an optimal level and reduce
                    *Time of visit : Saturday 2pm   *Time of visit: Friday 12.30pm   wastage.


                                                                                     The rating is given considering the
                                                                                     factors like Management of parks,
                                                                                     fountains, overall look of the mall,
                                                                                     Lush green landscaping with seating
                                                                                     Facilities, Infrastructure, Hygiene etc..
Ambience &
                    Rating: 2.5/5                   Rating: 4/5
comfort inside                                                                       City Center should improve the overall
                                                                                     shopping experience provided for
                                                                                     consumers because at the end it
                                                                                     becomes an important factor for the
                                                                                     success of any mall.


                                                                                     The number of Kiosks in city center is
                                                                                     comparatively very high than Ramee
                                                                                     mall.
                    30% - 35% of the shops are      Hardly 6-8% of the
Kiosk’s vs Retail
                    Kiosk’s                         shops are Kiosk’s                Looking at the bigger picture
stores
                                                                                     considering mall’s catchment,
                                                                                     demographics, and customer profiling
                                                                                     both the malls has good spread of
                                                                                     kiosks.
16 yrs – 26yrs              16 yrs – 26yrs
                     (Students & Bachelors) :    (Students & Bachelors) :
                     3 to 4 hrs                  3 to 4 hrs

                     26yrs – 30yrs               26yrs – 30yrs
                     (Married Couples):          (Married Couples):
Average time         2 to 3 hrs                  2 to 2.5 hrs               In both the malls, the average time
likely to be spent                                                          spent in entertainment zone is high,
by customer (        30yrs – 40yrs               30yrs – 40yrs              also the maximum time is spent by age
according to         (Married Couples with       (Married Couples with      group of 16 to 26yrs.
profile )            Children): 2 to 2.5hrs      Children): 1 to 2.5hrs

                     45yrs to 55yrs:             45yrs to 55yrs:
                     2 to 3 hrs                  2 to 3 hrs

                     Above 55yrs                 Above 55yrs
                     1 to 2.5 hrs                1 to 2.5 hrs


                                                 Staff’s don’t wear a       Wearing uniform can distinguish
                     Staff’s wear a uniform      uniform                    employees and customers.
Mall employees
                     Knowledge about the mall    Knowledge about the        Ramee Mall should work hard on
                     is very good                mall is very bad           educating their employees; make
                                                                            them in line with mall branding.


                                                                            The restrooms in Ramee mall are in
                                                                            line with latest infrastructure and
                                                                            simply at its best. They are super clean
                                                                            and well stocked, but restrooms in City
Restroom
                     Rating: 1/5                 Rating 4.5/5               center are tucked into the corners and
Maintenance
                                                                            are much disproportionate compared
                                                                            to the area and footfalls of the mall.
                                                                            They smell like no other, forcing you to
                                                                            hold your breath, and run out quickly.


                                                 Connected only by MTC      City Center is very well connected in
                     Well connected by MRTS      buses as of now.           terms of public transportation than
                     elevated rail network and                              any other malls in Chennai.
                     MTC buses.                  Metro Rail system is in
Connectivity
                                                 progress right now, but    The ongoing Metro Rail construction
                     walk able distance from     it will take 2 yrs to      would take 1.5 years to complete;
                     Marina beach                complete                   once it is completed Ramee will get a
                                                                            significantly a better connectivity.
City Center has its competitive
Landmark     Marina Beach                  Anna Arivalayam             advantage on its location. It is very
                                                                       near to Marina Beach, Kapaleeswarar
                                                                       temple and Santhome Bascillica which
                                                                       are tourist spots.


                                                                       With three entry points, traffic
                                                                       Management within the mall is better
Traffic      2 entry/exit points + 1 for   Single entry/exit point +   organised in City Centre. Also, the
             parking                       1 for parking               strategically located exits ensure that
Management
                                                                       moviegoers can get back to the mall
                                                                       for a quick dinner or even a late night
                                                                       shopping trip.
Report:

         A good location defined in terms of factors like ease of access via roads, good visibility,
etc. is considered as one of the prime prerequisites for a mall. Both the malls have a very good
location but City Center being very near to Marina Beach, Kapaleeswarar temple and Santhome
Bascillica which are tourist spots makes it a competitive advantage.

Ramee has got a cluster of tenants, the customer perception is that the property offers greater
variety and therefore will have the item that the customer seeks. The customer is therefore
more likely to visit the property and acquire goods. City Center doesn’t have a cluster pattern
instead they have sprinkled Kiosks all over the mall which have a 360 degree exposure and are
placed in high customer traffic areas. But too many kiosks may look bad; it can give a high
street shopping experience to customers. City center has to significantly reduce the number of
kiosks to survive in the near future.

Both the malls have restaurants, entertainment and movie theaters (yet to come in Ramee) to
the mix. In addition to generating regular traffic, supermarkets can fill vacant spaces left by
closed department stores or other large tenants. It’s a way to lease space to somebody who
generates a lot of traffic on an ongoing basis. And because the mall pulls people from a greater
distance [than a shopping center], it’s now seen as a pretty good place for food stores to
locate.”

Like in a movie, storylines help create a consistent look and feel to the space. Many times the
story is part of the architectural and interior concept. In both the malls, the lighting was
different and supportive of the storyline. Lighting design complements and adds to the scheme.
Further to this, Signage’s used in Ramee mall show contrast of dark solid figure against a white
background and significant to be seen by the visually handicapped and the aged. City Center
uses fancy signage using “Queen” and “King” is confusing and should not be encouraged. It is
not easily distinguished by the visually handicapped and the aged.

Both the malls have placed restrooms at the end of long service corridors. Unfortunately I can
only give City Center a rating of 1 out 5 stars because the bathrooms are gross. There is always
a line. They smell bad. They are always dirty and in need of attention. Ineffective ventilation
makes restrooms unbearable.

Ramee has to work on drafting marketing strategies for them to meet the needs of the local
consumer base and the challenges of local and regional competitors. I personally feel Ramee to
take responsibility to generate productive footfall by signing up for revenue share and lowered
rentals.
Ramee has to consider putting their employees in uniforms. There is a famous quote “you dress
your employees to match your brand”.

Once the mall opens up and the number of vacant shops is huge, the consumer perceives the
mall as lacking because in an enclosed space the unlet premises are extremely conspicuous.
This leads to a bad first impression in the consumer’s mind. The same applies to a tenant too, if
prospective tenants see more of unlet areas, they perceive the mall as having failed to attract
tenants and may even change their mind to set up shop in the mall. Unfortunately, both the
malls fall in to this. It’s time to start working on this gap.

CONCLUSION

        Positioning & profiling of the Mall plays an important role for the success of any Mall. A
very well designed Mall constructed with lot of aesthetics can be a failure if the positioning and
profiling is not done in a professional way. After positioning, Zoning & Profiling of the Mall is a
very critical aspect. It requires lot of planning and understanding the psyche of the buyers.
Right mix of the brands and products with right zoning & profiling is a key to success of the
Mall.

It is important to know that, even though both the malls carry shopping goods, entertainment
and food, perception of the target population varies from mall to mall. Perception has taken a
tilt towards the dominant component of the mall could be entertainment, shopping or some
other aspect. It is clear that both the malls are centrally located. The only difference is that the
target segment is different. City Center caters to the middle income group, where as Ramee
caters to the upper income segments.

Contenu connexe

Tendances

Inorbit mall hyderabad casestudy
Inorbit mall hyderabad casestudyInorbit mall hyderabad casestudy
Inorbit mall hyderabad casestudyA Hil
 
District center nehru place
District center nehru placeDistrict center nehru place
District center nehru placesonali parashar
 
SelectCity Walk Mall
SelectCity Walk MallSelectCity Walk Mall
SelectCity Walk MallSheetu Goel
 
Case Study - Forum mall , Bangalore
Case Study - Forum mall , Bangalore Case Study - Forum mall , Bangalore
Case Study - Forum mall , Bangalore Onal Kothari
 
Shopping Mall - Thesis 2016
Shopping Mall - Thesis 2016Shopping Mall - Thesis 2016
Shopping Mall - Thesis 2016MOHAMMED RABIN
 
Select city walk mall case study
Select city walk mall case studySelect city walk mall case study
Select city walk mall case studyPrince Pathania
 
Z Square Shopping Mall Pvt. Ltd.
Z Square Shopping Mall Pvt. Ltd.Z Square Shopping Mall Pvt. Ltd.
Z Square Shopping Mall Pvt. Ltd.Ahmad Suhaib
 
case study of Select city walk, saket, new delhi
case study of Select city walk, saket, new delhicase study of Select city walk, saket, new delhi
case study of Select city walk, saket, new delhiSumit Jha
 
CASE STUDY NEHRU PLACE,DELHI
CASE STUDY NEHRU PLACE,DELHICASE STUDY NEHRU PLACE,DELHI
CASE STUDY NEHRU PLACE,DELHIAashna Arora
 
Multiplex case study
Multiplex case studyMultiplex case study
Multiplex case studySiddiq Salim
 
Sarath City Capital Mall, Hyderabad Case Study.pdf
Sarath City Capital Mall, Hyderabad Case Study.pdfSarath City Capital Mall, Hyderabad Case Study.pdf
Sarath City Capital Mall, Hyderabad Case Study.pdfKAndrew01
 
study of a shopping mall
study of a shopping mallstudy of a shopping mall
study of a shopping mallAbhiniti Garg
 

Tendances (20)

Inorbit mall hyderabad casestudy
Inorbit mall hyderabad casestudyInorbit mall hyderabad casestudy
Inorbit mall hyderabad casestudy
 
DLF Mall of India Noida, Sector 18, Noida
DLF Mall of India Noida, Sector 18, NoidaDLF Mall of India Noida, Sector 18, Noida
DLF Mall of India Noida, Sector 18, Noida
 
District center nehru place
District center nehru placeDistrict center nehru place
District center nehru place
 
SelectCity Walk Mall
SelectCity Walk MallSelectCity Walk Mall
SelectCity Walk Mall
 
Desktop study
Desktop studyDesktop study
Desktop study
 
Case Study - Forum mall , Bangalore
Case Study - Forum mall , Bangalore Case Study - Forum mall , Bangalore
Case Study - Forum mall , Bangalore
 
Shopping Mall - Thesis 2016
Shopping Mall - Thesis 2016Shopping Mall - Thesis 2016
Shopping Mall - Thesis 2016
 
Select city walk mall case study
Select city walk mall case studySelect city walk mall case study
Select city walk mall case study
 
Z Square Shopping Mall Pvt. Ltd.
Z Square Shopping Mall Pvt. Ltd.Z Square Shopping Mall Pvt. Ltd.
Z Square Shopping Mall Pvt. Ltd.
 
Shopping centers
Shopping centersShopping centers
Shopping centers
 
Data collection of malls
Data collection of mallsData collection of malls
Data collection of malls
 
case study of Select city walk, saket, new delhi
case study of Select city walk, saket, new delhicase study of Select city walk, saket, new delhi
case study of Select city walk, saket, new delhi
 
INORBIT MALL CASE STUDY
 INORBIT MALL CASE STUDY  INORBIT MALL CASE STUDY
INORBIT MALL CASE STUDY
 
CASE STUDY NEHRU PLACE,DELHI
CASE STUDY NEHRU PLACE,DELHICASE STUDY NEHRU PLACE,DELHI
CASE STUDY NEHRU PLACE,DELHI
 
Multiplex case study
Multiplex case studyMultiplex case study
Multiplex case study
 
Sarath City Capital Mall, Hyderabad Case Study.pdf
Sarath City Capital Mall, Hyderabad Case Study.pdfSarath City Capital Mall, Hyderabad Case Study.pdf
Sarath City Capital Mall, Hyderabad Case Study.pdf
 
lulu mall
lulu malllulu mall
lulu mall
 
Mantri mall by param
Mantri mall by paramMantri mall by param
Mantri mall by param
 
Literature final
Literature finalLiterature final
Literature final
 
study of a shopping mall
study of a shopping mallstudy of a shopping mall
study of a shopping mall
 

Similaire à Comparitive study of City Center and Ramee mall

Case study on Visual Merchandising in Reliance Retail- By Raghav Kulkarni
Case study on Visual Merchandising in Reliance Retail- By Raghav KulkarniCase study on Visual Merchandising in Reliance Retail- By Raghav Kulkarni
Case study on Visual Merchandising in Reliance Retail- By Raghav KulkarniRaghav kulkarni
 
Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp02Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp0219870
 
Crm in retail industry
Crm in retail industryCrm in retail industry
Crm in retail industryMANSI DHINGRA
 
KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India
KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India
KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India Retailers Association of India
 
Small v s-mall__2007
Small v s-mall__2007Small v s-mall__2007
Small v s-mall__2007Ruchi Shah
 
A project report on consumer preference towards organized and unorganized ret...
A project report on consumer preference towards organized and unorganized ret...A project report on consumer preference towards organized and unorganized ret...
A project report on consumer preference towards organized and unorganized ret...Projects Kart
 
Notes chapter 1
Notes chapter 1Notes chapter 1
Notes chapter 1kamran
 
321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends
321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends
321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trendskamran
 
Big bazaar crm project report
Big bazaar crm project reportBig bazaar crm project report
Big bazaar crm project reportPrachi Batham
 
Is the mall really dead?
Is the mall really dead?Is the mall really dead?
Is the mall really dead?Cooper Carry
 
Is the mall really dead?
Is the mall really dead?Is the mall really dead?
Is the mall really dead?coopercarry1960
 
How to Achieve Multi-Channel Nirvana
How to Achieve Multi-Channel NirvanaHow to Achieve Multi-Channel Nirvana
How to Achieve Multi-Channel NirvanaFadi Shuman
 
Retail Formats In Mumbai
Retail Formats In MumbaiRetail Formats In Mumbai
Retail Formats In Mumbaikanika gupta
 
6 Strategies to Address Price Transparency in Retail
6 Strategies to Address Price Transparency in Retail6 Strategies to Address Price Transparency in Retail
6 Strategies to Address Price Transparency in RetailMartin Mehalchin
 
Retail and sales management
Retail and sales managementRetail and sales management
Retail and sales managementSoumya Sahoo
 
Interview ..Retail etc
Interview ..Retail etc Interview ..Retail etc
Interview ..Retail etc PESHWA ACHARYA
 

Similaire à Comparitive study of City Center and Ramee mall (20)

Mall Management
Mall ManagementMall Management
Mall Management
 
Retail
RetailRetail
Retail
 
Case study on Visual Merchandising in Reliance Retail- By Raghav Kulkarni
Case study on Visual Merchandising in Reliance Retail- By Raghav KulkarniCase study on Visual Merchandising in Reliance Retail- By Raghav Kulkarni
Case study on Visual Merchandising in Reliance Retail- By Raghav Kulkarni
 
Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp02Walmartbigbazaar 090412073018-phpapp02
Walmartbigbazaar 090412073018-phpapp02
 
Crm in retail industry
Crm in retail industryCrm in retail industry
Crm in retail industry
 
KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India
KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India
KRS 2014: Panel Discussion: Realty Facts : Emerging Cities in South India
 
Small v s-mall__2007
Small v s-mall__2007Small v s-mall__2007
Small v s-mall__2007
 
A project report on consumer preference towards organized and unorganized ret...
A project report on consumer preference towards organized and unorganized ret...A project report on consumer preference towards organized and unorganized ret...
A project report on consumer preference towards organized and unorganized ret...
 
Notes chapter 1
Notes chapter 1Notes chapter 1
Notes chapter 1
 
321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends
321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends
321 23 hints-concept-review-questions_chapter-1-retailing-role-relevance-trends
 
PESHWA ACHARYA
PESHWA  ACHARYAPESHWA  ACHARYA
PESHWA ACHARYA
 
Big bazaar crm project report
Big bazaar crm project reportBig bazaar crm project report
Big bazaar crm project report
 
Is the mall really dead?
Is the mall really dead?Is the mall really dead?
Is the mall really dead?
 
Is the mall really dead?
Is the mall really dead?Is the mall really dead?
Is the mall really dead?
 
How to Achieve Multi-Channel Nirvana
How to Achieve Multi-Channel NirvanaHow to Achieve Multi-Channel Nirvana
How to Achieve Multi-Channel Nirvana
 
Retail Formats In Mumbai
Retail Formats In MumbaiRetail Formats In Mumbai
Retail Formats In Mumbai
 
6 Strategies to Address Price Transparency in Retail
6 Strategies to Address Price Transparency in Retail6 Strategies to Address Price Transparency in Retail
6 Strategies to Address Price Transparency in Retail
 
Retail and sales management
Retail and sales managementRetail and sales management
Retail and sales management
 
Interview ..Retail etc
Interview ..Retail etc Interview ..Retail etc
Interview ..Retail etc
 
RETAIL.pptx
RETAIL.pptxRETAIL.pptx
RETAIL.pptx
 

Dernier

Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseri bangash
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...lizamodels9
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 DelhiCall Girls in Delhi
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 

Dernier (20)

Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 

Comparitive study of City Center and Ramee mall

  • 1. A COMPARITIVE STUDY ON CITY CENTER AND RAMEE MALL Pradeep.M Roll.No: 45 Mall Management March 2013 Chennai Business School
  • 2.
  • 3. Learning Outcomes: The main objective of the study is to learn various steps to successful establishing of Mall from concept stage to opening of the mall and then managing it further with best practices of CRM, marketing, operations, leasing, tenant mix, facilities management, atmospherics, communication mix and other add-ons like entertainment options, its importance, multiplex operations, brand valuation for mall, parking management, food court management, retain demand analysis, location analysis and site selection, store design, layout planning, footfalls and marketing planning , Maintenance management, etc.. The Study focuses in depth in • Understanding the concept of Zoning and Tenant mix across two different malls • Get an idea of role and significance of different types of tenants like, anchor tenants and vanilla tenants • Knowing about major issues concerning tenants and tenant mix management • Understanding the concept and need for marketing and promotional activities in a mall • How Mall positioning and Customer profiling is integrated • Effectiveness of Horizontal and Vertical navigation • Role of Anchor Tenants and its correlation with Footfalls • Proportion of Retail-Food-Entertainment-Services and its importance for a mall.
  • 4. Parameters City Center Ramee Mall Remarks City Center is situated at Mylapore which is a cultural hub and neighborhood in the southern part of the city of Chennai, the catchment areas are Mandaveli, Adyar, Marina, Royapettah, Mountroad etc.. Location Mylapore Teynampet Ramee Mall is situated in the heart of Chennai, Anna Salai Teynampet which covers the main areas like T.Nagar, Nungambakkam, Egmore, Mylapore, Gopalapuram ,Royapettah, Alwarpet etc, City Center occupies first five floors of the property. The remaining 5 floors are occupied by corporate offices. Ramee mall occupies the first three 180,000sq.ft 201,879sq.ft floors of the property. The remaining Size 15 floors are occupied by Hyatt Regency Chennai. Comparatively both the mall has almost same retail space. Complete mix of apparel, The clusters of like and similar tenants fashion accessories, can hold up the rent levels more consumer durables with a Clusters of like and successfully than shops of similar type blend of few fast food similar tenants together. being spread widely apart across the Tenant Mix kiosks’ makes its very property. Though Ramee has made a interactive to customers good tenant mix doesn’t attract much but failed in forming a crowd. In case of city center its vise cluster. versa. The presence of a strong Anchor store is also a very critical factor in determining the success of that mall. Strong brands like Lifestyle & Shoppers Stop acts as a pillar to protect the brand. They attract the majority of the Anchor Store Lifestyle, Landmark, INOX Shoppers Stop, Q-Play customer through their brand names & it results in the increase of footfalls in the malls & thereby generating more sales to other stores also. Both the malls don’t have any food & grocery supermarket, which is very unhealthy.
  • 5. In both the malls vanilla stores were of similar size. Park Avenue, Indigo Nation, Timex, Eye T World, Mochi, Health & Glow, Archies, MAC, Biba, Vanilla Stores Begum etc.. Krylan etc.. Vanilla Stores in City center are low premium and budgeted brands where as in Ramee it’s more of luxury brands. The walk ins is significantly very low in Ramee when compared to City center. The ratio of walk ins in each mall Walk ins Weekdays – 15000 Weekdays – 1500 between weekdays and weekends (Approximate of Weekends – 25000 Weekends – 5000 City – 1 : 2.4 the Mall) Ramee – 1: 3.33 The walk ins is actually 3.3 times more in Ramee during weekends than weekdays. More or less the percentage of walk ins to the anchor stores in both the malls is same. 70% - 80% of total walk ins 70% - 75% of total walk Walk ins in the ins But when actual numbers are taken it Anchor Stores makes a huge difference City Center - 16000 Ramee - 2500 On an average the conversion rate for City Center is 52% where as for Ramee its 70% Likely conversions LS - 45% - 50% SS - 45% - 50% ( Your LM - 30% - 40% QP - 85% - 90% guesstimate) in INOX - 55% - 65% The Conversion for Q-Play is Anchor Stores significantly high because it’s a destination point where people make a planned purchase.
  • 6. There are a variety of ways to get in City Center has Ramee has contact with customer service conceptualized a French conceptualized a representatives in both the malls. The Theme Boutique Theme representative tries to make your Internal & External shopping experience more enjoyable Branding Differentiated in the form Differentiated in the by providing General Mall Information, of Kiosks and Vanilla stores form providing Services Mall Maps, Lost & Found, Mall Gift proportion in the mall Cards, Wheelchairs, First Aid Announcement Services, etc. Designed in a double The Ramee Mall is dumbbell shape, anchors designed in a ‘T’ shaped Both the malls have strategically Landmark and lifestyle fashion (single dumbbell located their food court and occupying two different shaped), entertainment zone at their top floors corners and vanilla retailers Anchor tenant Shoppers to bring the maximum foot traffic. in the middle Stop at each floor end Lay out and vanilla retailers in But Ramee looks more organized food court and the middle. when compared to City Center. Multiplex(INOX) is positioned on the top floor food court is positioned Both the malls placed restrooms at the to attract consumers on the top floor to end of long service corridors. vertically up attract consumers vertically up Ramee Mall’s tenant mix based on zoning not only helps attract and Ground Floor – Complete Ground floor – retain shoppers by offering them wide mix of kiosk’s, fashion International Luxury range of choices and satisfying accessories stores and brands (Mostly Fashion multiple needs, but also facilitates the consumer durables. Apparels) Impulse smooth movement of shoppers within (Impulse as well as planned buying products the mall, purchase) Zoning Whereas in City Center few vanilla 1st and 2nd floor dominated 1st and 2nd floor well tenants have moved out (probably by anchor stores(Landmark known premium brands lockdown period would have expired) and Lifestyle) and some with consumer durable due to which the flow of similar vanilla stores, Kiosk’s in the and fashion accessories. tenants is missing. To overcome this middle.(planned purchase) (Planned Purchase) gap City Center has converted dead space in the common area in to attractive kiosks.
  • 7. The size of the floors is almost same in 44,000 sqft at the both the malls. People tend to cover ground floor, entire floor very well, but still the 50,000 sqft on the first navigational movement horizontally is Ground, 1st, 2nd floor – floor, comparatively good in City center than Navigation 40,000 sqft approx 75,000 sqft on the Ramee. ( Horizontal ) second floor and 50,000 sqft as parking Ramee has got some dead drop points space. in its 1st & 2nd floor and some tenants are yet to come. The Vertical Navigation is good in both the malls, strategically located food court and entertainment zone at their top floors to bring the maximum foot Navigation 5 floors + 1(parking) 3 floors + 1(parking) traffic. Since Ramee mall has got only ( Vertical ) 3 floors, the traffic travels all the way up to the top floor with minimal reduction of footfalls in each floor. Ramee has got comparatively more number of service providers than any other malls in Chennai, the reason is their main customer base is from Proportion of Ret - 60% Ret - 50% Hyatt Regency, to serve them Ramee Retail, Ent - 15% Ent - 20% has come up with too many service Entertainment, Food- 20% Food- 20% providers. Food & Services Serv - 5% Serv – 10% (Air/Train ticket booking, Spa/Saloon, Money transfer/exchange, ATM, Photo shoot, International Courier, Mehandi, Tour consulting etc..) Both the malls made good proportion that caters their customer base. Both the malls provide comparatively good ample parking and maneuvering of cars from the parking lot. 2 floors of underground Underground Covered covered Car/Bike Parking Car/Bike Parking facility Smart car parking in City Center facility available (70k sqft) available (50k sqft) enables customer to choose their Facilities – Car parking plan depending upon their Parking / Bike Open Air Parking available Open Air Parking usage hours. It’s good to have such a Parking inside the mall premises available inside the mall plan. In near future it is expected that
  • 8. premises all the malls will follow such a plan. Pickup / Drop point available Valet Parking available Though both the malls have Pickup / Drop points, only in Ramee it serves Smart car parking Pickup / Drop point well. The multiple lanes at the available entrance of city center confuse people so that drop point doesn’t cater its purpose. The car parking fee at Ramee mall is a standard Rs.30 irrespective of the number of hours spent. Car-Rs20/ 1st hr However they need to have an Additional Rs10/hr arrangement or consideration for Car -Rs30/per day people who need to come and leave Bike -Rs15/1st hr within 15min? (like say - pick up a Charges Additional Rs5/hr baggage from store/ return an item/ Bike -Rs20/per day pick up an alteration given). Full day parking-Rs40 on weekdays and Rs60 on City Center has customized its parking weekends charges in such a way that customer can avail their parking coupon in hourly or full day basis Digital mall directory at Ramee follows a user friendly touch Roof top fine dining with multiple points screen enabled digital mall directory, scenic beach view where as in City Center they follow the Toilets – separate for printed mall directory displayed Toilets – separate for customers and beneath a huge transparent glass. customers and Staff Staff The Roof top fine dining with scenic Water softening and beach view is really outstanding, no Building and floor purification other malls in Chennai has such Other Facilities directories detection facility. system Signage directing customers towards Ramee’s signage is significantly good Water softening and elevators, toilets and in terms of visibility, font size, font purification fire exits color and readability when compared to City center. Signage directing Uninterrupted power customers towards supply with power City Center has to improve its power elevators, toilets and fire backup supply to next level; there is a gap of exits few minutes when it turns from direct Emergency lighting in all current to generator. areas
  • 9. Both the malls has well defined the category of services offered based on demographics, psychographics, income levels, competition in neighboring areas and extensive market research of the catchment. Positioned itself as a "family destination Positioned itself as a Ramee is clearly perceived as a mall shopping mall built with a “boutique Shopping for entertainment. Q-Play Bowling French theme, both the Mall and Entertainment Alley, Video games, and a kid’s Customer Profiling exteriors and interiors destination”. entertainment zone appear to support & Mall Positioning designed based on French the perception. Another factor architecture. contributing to the perception is the The mall provide absence of a departmental store like The mall provides premium high-end luxury Big Bazaar or Easy Day in the mall. and budget products products catering to the catering to the middle class elite class City Center is also clearly perceived as (socio-economic (socio-economic a mall for entertainment. The mall classification B1, B2, C classification A and B having low range of shops is hardly consumers) consumers) visited for purchasing goods, with lifestyle, Landmark and INOX as anchor stores; it is a hang out place for the population in the catchment area, especially students. Weekdays: Weekdays: Least crowded – 10am – Least crowded – 10am – The Least and Most crowded time in 11am 1pm weekdays is more or less same in both the malls. But there is a significant Most crowded- 6pm to Most crowded- 6pm to difference in weekends. It is because 9pm 9pm of the prime location of City Center Least and Most which is very near to Marina Beach, crowed time of Weekends: Weekends: Kapaleeswarar temple and Santhome the week Least crowded – 12pm – Least crowded – 10pm – Bascillica which are tourist spots and 1pm 1pm naturally Chennai Citi Center also attracts many tourists. Most crowded- 4pm to Most crowded- 6pm to 9pm 9pm Marketing & At least one or two events One or two events per Organizing cultural events has proved Promotion per week. month. vital in attracting consumers to a mall. activities Highly Involved with City Center is keener on such activities, Uses Print media for Social networking which also act as a differentiator for conducted by the marketing & promoting websites to marketing & the mall. Mall promoting
  • 10. In city center when a customer shops at their anchor stores, they reimburse the parking fee paid. Parking Coupons from Loyalty cards provided In Ramee Mall a special loyalty card is CRM measures Anchor tenants (typically for Hyatt Regency given to Hyatt Regency customers used by the Mall not a CRM measure) customers where they can avail discount if they make a minimum purchase of Rs.5000 Both the malls follow a healthy practice which motivates customer in shopping and makes loyal towards the mall. CCTV equipped, CCTV equipped metal detectors at all entry metal detectors at all Both the malls need to have those points entry points signing boards that will clearly tell people where from and how to Patrol & Escort crew Emergency Phones or escape. Today these malls are not just available Call Boxes visited by educated crowd. If people are educated and made to understand 2 Emergency exits multiple fire escape there will be less panic and we can Safety & Security routes with panic doors avoid mishaps. measures of the Equipped with Fire alarm Mall and fire extinguishers, Equipped with Ramee mall has Emergency Phones safety masks, oxygen automatic fire which is highly visible, located in cylinders, sufficient water suppression systems, parking areas and in the mall itself. I sources etc.. smoke detectors, heat personally encourage such measures, detectors, fire and this has to be followed in all the extinguishers, safety malls. First aid kits masks, oxygen cylinders First aid kits, ambulances on duty Though the size of both the malls looks similar, the no of employees working No of Employees in city center is double the time when compared to Ramee. The reason working in the 150 – 200 80 – 100 behind this is the footfalls. Mall ( approximate ) Footfalls play a key role in determining no of employees in a mall. More the footfalls, more employees to manage.
  • 11. City Center is built up with a French theme, taking inspiration from traditional French culture. The Roof allows natural light to pass through. 35% natural lighting 10% natural lighting Natural lighting helps to create a Lighting softer, friendlier environment. Ramee is built up with Boutique theme where electrical lighting is very essential to maintain the consistency of look and feel of the place. Temperature was not Temperature was City Center’s air-conditioning is not uniform all over the mall uniform all over the mall good enough to relieve people from except some dead drop heat. Having such good foot traffic City Central atrium was super spots Center has to do something about this. hot and humid A/C Ramee should improve on using power supply at an optimal level and reduce *Time of visit : Saturday 2pm *Time of visit: Friday 12.30pm wastage. The rating is given considering the factors like Management of parks, fountains, overall look of the mall, Lush green landscaping with seating Facilities, Infrastructure, Hygiene etc.. Ambience & Rating: 2.5/5 Rating: 4/5 comfort inside City Center should improve the overall shopping experience provided for consumers because at the end it becomes an important factor for the success of any mall. The number of Kiosks in city center is comparatively very high than Ramee mall. 30% - 35% of the shops are Hardly 6-8% of the Kiosk’s vs Retail Kiosk’s shops are Kiosk’s Looking at the bigger picture stores considering mall’s catchment, demographics, and customer profiling both the malls has good spread of kiosks.
  • 12. 16 yrs – 26yrs 16 yrs – 26yrs (Students & Bachelors) : (Students & Bachelors) : 3 to 4 hrs 3 to 4 hrs 26yrs – 30yrs 26yrs – 30yrs (Married Couples): (Married Couples): Average time 2 to 3 hrs 2 to 2.5 hrs In both the malls, the average time likely to be spent spent in entertainment zone is high, by customer ( 30yrs – 40yrs 30yrs – 40yrs also the maximum time is spent by age according to (Married Couples with (Married Couples with group of 16 to 26yrs. profile ) Children): 2 to 2.5hrs Children): 1 to 2.5hrs 45yrs to 55yrs: 45yrs to 55yrs: 2 to 3 hrs 2 to 3 hrs Above 55yrs Above 55yrs 1 to 2.5 hrs 1 to 2.5 hrs Staff’s don’t wear a Wearing uniform can distinguish Staff’s wear a uniform uniform employees and customers. Mall employees Knowledge about the mall Knowledge about the Ramee Mall should work hard on is very good mall is very bad educating their employees; make them in line with mall branding. The restrooms in Ramee mall are in line with latest infrastructure and simply at its best. They are super clean and well stocked, but restrooms in City Restroom Rating: 1/5 Rating 4.5/5 center are tucked into the corners and Maintenance are much disproportionate compared to the area and footfalls of the mall. They smell like no other, forcing you to hold your breath, and run out quickly. Connected only by MTC City Center is very well connected in Well connected by MRTS buses as of now. terms of public transportation than elevated rail network and any other malls in Chennai. MTC buses. Metro Rail system is in Connectivity progress right now, but The ongoing Metro Rail construction walk able distance from it will take 2 yrs to would take 1.5 years to complete; Marina beach complete once it is completed Ramee will get a significantly a better connectivity.
  • 13. City Center has its competitive Landmark Marina Beach Anna Arivalayam advantage on its location. It is very near to Marina Beach, Kapaleeswarar temple and Santhome Bascillica which are tourist spots. With three entry points, traffic Management within the mall is better Traffic 2 entry/exit points + 1 for Single entry/exit point + organised in City Centre. Also, the parking 1 for parking strategically located exits ensure that Management moviegoers can get back to the mall for a quick dinner or even a late night shopping trip.
  • 14. Report: A good location defined in terms of factors like ease of access via roads, good visibility, etc. is considered as one of the prime prerequisites for a mall. Both the malls have a very good location but City Center being very near to Marina Beach, Kapaleeswarar temple and Santhome Bascillica which are tourist spots makes it a competitive advantage. Ramee has got a cluster of tenants, the customer perception is that the property offers greater variety and therefore will have the item that the customer seeks. The customer is therefore more likely to visit the property and acquire goods. City Center doesn’t have a cluster pattern instead they have sprinkled Kiosks all over the mall which have a 360 degree exposure and are placed in high customer traffic areas. But too many kiosks may look bad; it can give a high street shopping experience to customers. City center has to significantly reduce the number of kiosks to survive in the near future. Both the malls have restaurants, entertainment and movie theaters (yet to come in Ramee) to the mix. In addition to generating regular traffic, supermarkets can fill vacant spaces left by closed department stores or other large tenants. It’s a way to lease space to somebody who generates a lot of traffic on an ongoing basis. And because the mall pulls people from a greater distance [than a shopping center], it’s now seen as a pretty good place for food stores to locate.” Like in a movie, storylines help create a consistent look and feel to the space. Many times the story is part of the architectural and interior concept. In both the malls, the lighting was different and supportive of the storyline. Lighting design complements and adds to the scheme. Further to this, Signage’s used in Ramee mall show contrast of dark solid figure against a white background and significant to be seen by the visually handicapped and the aged. City Center uses fancy signage using “Queen” and “King” is confusing and should not be encouraged. It is not easily distinguished by the visually handicapped and the aged. Both the malls have placed restrooms at the end of long service corridors. Unfortunately I can only give City Center a rating of 1 out 5 stars because the bathrooms are gross. There is always a line. They smell bad. They are always dirty and in need of attention. Ineffective ventilation makes restrooms unbearable. Ramee has to work on drafting marketing strategies for them to meet the needs of the local consumer base and the challenges of local and regional competitors. I personally feel Ramee to take responsibility to generate productive footfall by signing up for revenue share and lowered rentals.
  • 15. Ramee has to consider putting their employees in uniforms. There is a famous quote “you dress your employees to match your brand”. Once the mall opens up and the number of vacant shops is huge, the consumer perceives the mall as lacking because in an enclosed space the unlet premises are extremely conspicuous. This leads to a bad first impression in the consumer’s mind. The same applies to a tenant too, if prospective tenants see more of unlet areas, they perceive the mall as having failed to attract tenants and may even change their mind to set up shop in the mall. Unfortunately, both the malls fall in to this. It’s time to start working on this gap. CONCLUSION Positioning & profiling of the Mall plays an important role for the success of any Mall. A very well designed Mall constructed with lot of aesthetics can be a failure if the positioning and profiling is not done in a professional way. After positioning, Zoning & Profiling of the Mall is a very critical aspect. It requires lot of planning and understanding the psyche of the buyers. Right mix of the brands and products with right zoning & profiling is a key to success of the Mall. It is important to know that, even though both the malls carry shopping goods, entertainment and food, perception of the target population varies from mall to mall. Perception has taken a tilt towards the dominant component of the mall could be entertainment, shopping or some other aspect. It is clear that both the malls are centrally located. The only difference is that the target segment is different. City Center caters to the middle income group, where as Ramee caters to the upper income segments.