Shopping Mall (Research Project)

To be able to do this project you should select a company of your choice and identify the various market research techniques the company has used to gather information of the market.

In a day of, “I want it now and I’m willing to pay for it,” a shopping center has to offer a variety of stores, and also have several options. The shoe shopper will go to the place with 5 shoe stores before they go to the place with only 1. They may not realize that of the 5 available shoe stores; only 1 is in their price range, but satisfying a wider variety of consumers will help the mall broaden the shopper’s experience. But it is important to remember that shoppers are price sensitive, so not only do you need a variety of stores offering a variety of products, but you also need to be able to provide a variety of price points so you don’t limit your shopper demographics.

From the moment one enters the mall doors it becomes a mission. A mission to spend money in a selfish manner in attempt to feel better about oneself. In a crowd full of people all with the same intention, many malls have conquered our mindsets into believing we’re a community by coming together with no purpose. The mall is in fact a beast with attracting qualities. From the Stores, and food to the shiny floors and fancy designs.

You will also read about the Company’s advertising strategy and how this approach will bring into line the Company’s marketing goals. It will be determined how effectively the advertising will be measured and how the different promotional strategies relevant to the Company advertising will be utilized. Further discussion will establish the best marketing research approach used to measure customer satisfaction with the Company’s product (cassava powder) and training service initiated to train farmer in implementing large-scale farming. It will be explained how gaps in customer expectations and experiences will be addressed by the marketing wing of the Company, using the high knowledge and proficiency of experienced and well-schooled people in marketing management.

I decided to go the Southlands Mall in Centennial, to observe people interactions. I choose to head over to the mall around 11 am on Friday, September 15th. This was a great time for me because my son was in school and I knew I needed at least two hours where I could just sit and observe people without any distractions. When I was observing, I was looking for norms of behavior and American values.

To gain a better understanding of the retail and commercial activity in the Toronto area, two different types of retail will be evaluated in the following report. The character, market orientation and location of a retail space all play crucial role in contributing to the success of the business. All three aspects of the retail spheres will be carefully assessed in order to make direct comparisons between the two types of retail businesses. The two retail systems that will be contrasted includes the ancillary retail system in downtown Toronto and the Retail Strip on Spadina, south of Baldwin.

In this essay I will talk about the most enjoyable place I have ever visited. This place is known as the Mall of America. My family also travels a lot, so there were quite a few places for me to choose from. I have been to a lot of places like Mount. Rushmore, Crazy Horse, and about 14 of the 50 states. One place I wish I could have gone to was Disneyland since it appears like an incredible place, but I wasn't born when my family journeyed there.

According to the textbook, the retail life cycle consists of the introduction, growth, maturity, and decline. (Perreault, Jr., Cannon, & McCarthy, 2011) To keep a local suburban regional shopping mall from reaching its decline, one must spend time and money during the maturity phase to keep with today’s trends.

A distinguished structure that is present in today’s retail environment is a shopping centre. A shopping centre is where multiple stores presenting different merchandisers are formed under a building and allocated through a leasing agency. Shopping centers are aimed towards middle income suburban residents who are mobile. A shopping centre has controlled walkways which enable consumers to walk from store to store. Plenty of effort is put into developing the design of a shopping centre, thus increasing the amount of time people spend shopping. The

In “Enclosed. Encyclopedic. Endured: The Mall of America” David Gueterson spoke about the idea behind the creation of the Mall and his journey as a reporter inside it. For instance, he talked about how the mall not only intended to attract Minnesotan, but also to appeal to tourist from everywhere. Because of it enormous size and diverse activities, the mall is like the mecca of shoppers. He also mentioned that, Some people got engaged and some even got their marriage ceremony at the mall. After all he described the mall as a success, and the companies behind the mall are even thinking about building similar malls around the world. (161-72). Such marketing strategies stated above are embodied in many businesses today, with the intention not only to bring people in, but also to make them spend money and come back again.

Built in 1968, the Boulevard Mall is the oldest mall in the valley and a single story mall. When I first came to Las Vegas years ago, this mall seemed run down to me. When the Great Recession hit, the process of deterioration accelerated after they lost one of their anchor stores. It didn't look like the old mall had much of a future, until about three years ago. New owners purchased the property at a discount and immediately began to turn things around.

M1: Explain, with examples, how different market research methods are appropriate to assist different marketing situations. Looking back at the market research methods that could be used to collect information, methods such as questionnaires/ survey, observation, focus groups, experimentation, internet, website monitoring etc. I am going to select 3 primary and 3 secondary methods of research from the ones I have written about. I have chosen 3 primary researches which are: •

When conducting research, when is it conducive to use primary research over secondary research and vice versa? Both research techniques are viable and beneficial. They each have purpose and can be used as a marketing research template when conducting research. Both techniques are equipped with tools that can be used to guide a researcher through the research process. If these tools are properly adhered to, the research process can be seamless and quite effective. Moreover, market research can assist a researcher in making accurate decisions and improve the chance of success. This paper will explain the difference among research tools used in primary and secondary research. It will also depict the

In order to complete this assignment, students were invited to visit the Park Meadows Mall and observe the demographics, the prevalent features or characteristics of different areas of the shopping center. The three areas the class were to stop at were the Nordstrom’s region, the JCPenney’s region, and the food court region. All three of them can be characterized as regions because common features are shared within them. The Nordstrom’s region displayed itself as an area designed mostly for older and wealthier customers, presumably women, as it contained many expensive furniture stores, as well as a Victoria’s Secret and an infant clothing store. The areas around the stores are more spacious and the lights are dimmed. The absence of small children

The nature of the merchandise and services the retailer will offer to satisfy the needs of the target market