Suburban retailing in Singapore  How do you define Suburban? Suburban is known as a non-CBD (Central Business District) area and is normally close to.

Slides:



Advertisements
Similar presentations
Retail Store Operations
Advertisements

UNIT C THE BUSINESS OF FASHION 3.03 Identify the types of fashion retailers.
Retailing and Wholesaling
Card vending machines BY GROUP 9. Project Profile The project is to bound card and vending machines to provide foods for students in the ten universities.
Retail Institutions by Store-Based Strategy Mix
Worlds biggest retailer Sells Grocery & General Merchandise One Hour Photo Studio Pharmacy & Optical Centre Tire & Lube Express Gasoline station Fast.
Chapter 10 Site Selection RETAIL MANAGEMENT: A STRATEGIC APPROACH,
Chapter 10. To Examine Types of Locations To Note Location Decisions To Describe One-Hundred Percent Location To Discuss Criteria for Retail Location.
David F. Miller Center For Retailing Education and Research International Retailing Education and Training (IRET ) Locations in Chinese Retail Industry.
Covered shopping mall – called The Quadrant Key store is Debenhams Also pedestrianised street – Oxford Street, Swansea ONLY ONE CBD IN ANY TOWN OR CITY.
Essential Retail Studies Tutorial 12 HS0802(HB) Group Members: JolInna Ang Noor Fakheerah Tan Meiling Alex Wo ng.
By Megan Hultz & Jade Reisland Shopping Centers Group of retail and other commercial establishments that are planned, developed, owned, and managed as.
Retail Strategy Mix and Wheel of Retailing.
INTRODUCTION TO RETAIL PRODUCT MANAGEMENT: SCOPE AND CONCEPTS
Sales Levels for US Retail Channels Non-s easonal Trends January 1993 to March 2007.
Shilin Night Market Food Court. Shilin Night market: One of the most successful traditional Market in Taiwan. What factors attract people to go there?
RETAIL INSTITUTIONS BY STORE-BASED STRATEGY MIX
Multiple Nuclei Model Ch 13.
Pioneer Place Jessica Blakney, Jane Dahl, Jenny Doltar, Laura Swalko, Jeff Verber.
Retailing and Wholesaling
Retail Institutions by Store-Based Strategy Mix
Urban Settlement Patterns
Niche Markets. What is a niche market? Niche marketing is the process of finding and serving profitable market segments and designing custom-made products.
What we know so far about the Paris Basin.....
Retail Positioning Advanced Fashion: Standard 3 Created by: Kris Caldwell Timpanogos High School.
‘Retail Formats’ PROF.C.VIGNALI PhD. Presentation Layout Introduction to current shopping trends, Factory Outlet Retailing; background, characteristics.
Form 4 Commercial studies
Retailing and Wholesaling What is Retailing? Retailing includes all the activities involved in selling products or services directly to final.
Page 1Marketing Module David F. Miller Center for Retailing Education and Research Retail Marketing Management 4. Store Atmospherics and Visual Merchandising.
INTRODUCTION TO RETAILING Class 2 28 November 2009.
BM 0019 Principles Of Marketing Marketing Research Project Presented to: Mr Simon Leong Presented By: Cheong Jia Ni Koo Yee Shan Lim Pei Shan Wang Ying.
Retailing and Wholesaling
Distribution Strategies Retailing and Wholesaling
Product Convenience Products FairPrice offers a wide range of products ranging from food to body care to hygiene products. These items are convenient.
Copyright © 2008 Pearson Education CanadaPrinciples of Marketing, Seventh Canadian Edition Chapter 13 Retailing and Wholesaling.
Key Concepts.  Over 1 million U.S. retailers employ more than 15 million people  Retailers account for 11.6 percent of U.S. employment  Retailing accounts.
School of Business Management
Strategy is a plan, a “how,” a means of getting from here to there. Strategy is perspective, that is, vision and direction. What is a Strategy.
Retail Location. The Retail Property Developer’s Simple Truths!
Module 10 Lesson 2 Factors Affecting Business Location.
D. MARKETING A SMALL BUSINESS 8.02 Explain the factors affecting selection of the business location Identify place decisions faced by small business.
E1 “A Healthy Fast Food Shop” By JACG. 2 Contents VINCE? Business Overview Organization Structure Products & Services Product Differentiation The.
Retailing.
Members: Nur Jannah, Sheril Melissa, Kaira Tan Jia Ling, Alexandria Chu, Jessica Ong WATSONS.
Retail Institutions by Store-Based Strategy Mix
Principles of Marketing
HKTDC Hong Kong April Fairs 2012 On-site Survey HKTDC Hong Kong April Fairs 2012 On-site Survey Actrium Solutions 10 May 2012.
Home ____ Home Home is where the ____ is _____ home.
Retail Locations Location is the prime consideration in a customer’s store choice.
Peak Sports Meeting Your Outdoor Needs Since 1972 Leah Clark Kelly McCrary Jason Mariner.
Retail Mgt. 11e (c) 2010 Pearson Education, Inc. publishing as Prentice Hall 5-1 Retail Institutions by Store-Based Strategy Mix RETAIL MANAGEMENT: A STRATEGIC.
Chapter 21 Nature & Scope of Marketing
Retail Location Power centers - This center is dominated by several large anchors or Category killers. Neighborhood Centers : They are designed to provide.
Aspects of the placement decision
10-1 Retail Mgt. 11e (c) 2010 Pearson Education, Inc. publishing as Prentice Hall Site Selection RETAIL MANAGEMENT: A STRATEGIC APPROACH 11th Edition BERMAN.
Competitive Advantages BMI3C. Competitive Advantage An advantage a business has over its competitors May be Sustainable (i.e. an advantage you can maintain.
Urban Land Use Chapter Major Land Uses 1. Residential (40%) 2. Transportation (33%) 3. Commercial (5%) 4. Industrial (6%) 5. Institutional and Public.
5 Chapter 5 Retail Institutions by Store-Based Strategy Mix RETAIL MANAGEMENT: A STRATEGIC APPROACH, 10th Edition BERMAN EVANS.
+ Shoppers Stop “Start Something New” Jessica Young Emalisa Carvalho.
Marketing Strategy Presented By - Sonakshi Saxena.
Our Keyword (Services)  Digital Online Marketing  Direct Consumer Marketing Direct Consumer Marketing  Effective Online Marketing.
The presentation of Anastasia Kashkan, Form 8 “A”, “Sosny “ school
Retail Institutions by Store-Based Strategy Mix
Chapter 3-2 Site Selection RETAIL MANAGEMENT: A STRATEGIC APPROACH,
Chapter 10 Site Selection RETAIL MANAGEMENT: A STRATEGIC APPROACH,
Entrepreneurship Week 8 Competition.
Retailing and Wholesaling
Retailing and Wholesaling
Retailing and Wholesaling
Retailing and Wholesaling
Presentation transcript:

Suburban retailing in Singapore

 How do you define Suburban? Suburban is known as a non-CBD (Central Business District) area and is normally close to residential estates and mrt stations/bus interchanges.  The introduction of suburban shopping,a concept initiated in the early 1990s and targeted to reach out to a larger section of the population by bringing the shops to their neighborhood.

Retail stores in suburban malls……

What are the common amenities around the suburban shopping malls?  Close to mrt stations and bus interchanges  Residential estates  HDB shops  Learning institutions

 Targeted consumers  Housewives/families  Secondary and Primary school students  People working in the non CBD areas  Elderly people

Types of shops and brands that can be found in Suburban and Town areas

Others… Departmental stores and supermarkets  cold storage supermarket  John little Fashion wear & Accessories  Bossini  Dano  Esprit  Giordano  Hang Ten  Op  U2 and U.W.N( U2women)

Food & Restaurants  McDonald’s  KFC  Old Chang Kee  Pizza Hut  Prima Deli  Orange Julius Furniture, Furnishings & Household  Courts  Home-Fix The D.I.Y store

Gifts  Cards n Such  The Scent shop Hair & Beauty  Jantzen Hair Salon  Jean Yip Hair Salon & Jean Yip professional slimming & Beauty centre  Watson’s  The Body Shop Jewellery & Watches  Goldheart

 Poh Heng Jewellery  Tian Po Jewellery Leather Goods, Bags & Shoes  Charles & Keith Music & Audio Visuals  Music Junction Optical  Nanyang Optical  OPSM Optometrists

Pharmacy & Health  Eu Yan Seng  GNC ( General Nutrition Centre)  Guardian Pharmacy  Nature’s Farm Sports & Leisure  Royal Sporting House  Sports Connection

Two successful examples of how retailers differentiate themselves from their competitors 1. Bread Talk  Can be found in non-CBD areas and town areas-23 outlets.( strategic locations)  Strong promotions and advertisements  Strong Branding  Innovative and wide selections of bread and pastries  Open concept  Visual attractiveness

2.NTUC  Can be found in non-CBD areas and town areas  Household names  variety  Membership (rebate)  Easily accessible  Competitive prices

How do suburban shops survive? In order to keep up with those retail stores in the CBD areas. They need to constantly upgrade their business operations to keep up with competitions from new players in the retail market.

How suburban shopping malls and town shopping malls still appeals to you? suburban  Easy accessibility  Lower transport fees  Less variety on goods  Simple layout & common brands and shops  shop to buy necessities CBD area  Not as accessibility  Costly transport fees  More variety on goods  Glamorous layout & more specialty shops

Promotions and Events Suburban  Catalogs/flyers to promote festivities  Target at residents  Less extensive festivities decorations CBD areas  TV Ads  Target at locals and tourists  Extensive decorations

Case study Suburban Destination: Compass point Time consumed transport: 40 mins (to and fro) Bus trip: $1.16 Things to purchase:  Pokey(Japan) cold storage = $1.92  L'Oreal Hydra fresh (Watson's) = $11.12  McDonald's big Mac meal = $5.90  Green Frapuccino (tall) star bucks=$5.55  U2 basic tee = 2 for $18 Total time and cost: 1 ½ hrs and $43.65 Town area Destination: orchard Time consumed transport: 1 hr 20 min ( to and fro) Mrt trip: 1.6x2=$3.2 Things to purchase:  pokey (Japan) cold storage = $1.92  L'Oreal Hydra Fresh (Watson's)=$11.12  McDonald's big Mac meal =$5.90  Green Frapuccino (tall) star bucks = $5.55  U2 basic tee = 2 for $18 Total time and cost: 1hr 45 min and $45.69

What we have learnt  How Suburban malls compete to survive  How retail stores in suburban malls functions  The outlook of the future retail market in suburban shopping malls

Q & A JanetJasmine

Appendix