Preview

Online Shopping

Powerful Essays
Open Document
Open Document
5233 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Online Shopping
* Define industry and Product segment

Shopping centers are purpose built complexes which can contain retail shops, restaurant and other eateries, service such banks and leisure facilities such as cinemas and bowling alleys.

The Australia shopping centre industry comprises companies that build, develop and manage shopping centers in Australia. There shopping centre owners derive income from charging tenants, such as retail shop owners, banks and restaurant, rent for the space that they occupy and maintenance for operating the shopping centre. Rent are charged to tenants based on supply and demand.

* Industry Value chain

Purchase the land and building the shopping centre., choose the high traffic and volume location
+
Lease out the retail spaces to retailer leasehold or joint-venture or large department store /supermarket chain or restaurant/demand or supply and provide corresponding service to consumer
+
Refurbished the site and extend to retail the tenant and attract more customers
+
Provide good service and parking to customers and keep innovation way

Property selection-redevelopment-branding and marketing-retail relationship-financing-manage the shopping centre

* Industry life-cycle

The online shopping is at the maturity to shake out of its life cycle

Whether the consumer are online, bricks-and-mortar or a combination of both, Australia shopping centers in 2010 suffered through one of the most difficult years in memory

It’s expected that it will account for 4 per cent of retailing within 5 years and a few years it’s expected that about 12 per cents of all US retailing will be done either online or via mobile device

Impact high growth of internet shopping and shop around for best price globally, a large Australia retail, that is. The global financial crisis forced US business to look for source of revenue outside their normal channels, maybe ship to globally. In some categories, physical store will pretty much disappear.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Rice Epicurean

    • 353 Words
    • 2 Pages

    * The dot-com meltdown of 2000-2001 caused many Internet Grocery Shopping dead and wounded. There were still new online trading initiatives. What would be the future of online shopping?…

    • 353 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    blue nile case analysis

    • 921 Words
    • 4 Pages

    -Big brick and mortar stores may make bigger push into online retailer (zales, costco etc.)…

    • 921 Words
    • 4 Pages
    Good Essays
  • Good Essays

    accg340 2013

    • 3215 Words
    • 13 Pages

    “In disturbing news for any business reliant on household spending, economic survey figures due this week are expected to show consumers are becoming increasingly pessimistic….”. There is a risk that reduced consumer spending would eventually convince many retailers to cut staff or close altogether, sending reverberations…

    • 3215 Words
    • 13 Pages
    Good Essays
  • Powerful Essays

    U29 - P1 and M1

    • 954 Words
    • 9 Pages

    Out of town shopping centres Sales area and product strategy Store type Product strategy Supermarkets, superstores, hypermarket Very large stores which sell a full range of food and non-food products. Supermarkets are stores with at least 200m² of sales area, using self-service methods and having at least 3 checkouts. Superstores have 2,500m² of sales area space and car parking facilities. Hypermarkets are large superstores that have 5,500m² of sales area. Retailers which concentrate on selling large…

    • 954 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Towards the late 1950s, new American-inspired shopping centers and supermarkets began springing up, particularly in the newly-built suburbs. These contained a number of shopping facilities under one roof and markedly changed Australian shopping habits. Fast food stores such as Kentucky fried Chicken, McDonalds, Dominos, Pizza hut also pervaded in parts of Australia, starting from the late 60’s.…

    • 584 Words
    • 3 Pages
    Good Essays
  • Best Essays

    David Jones

    • 4190 Words
    • 17 Pages

    The industry does not possess major threat from new entrants due to strong barriers to entry and strong competition for retail space. There is also a strong rivalry between competitors as limited space is being contested by major players alongside competing sales events meant to attract new customers. Online shopping is the most significant substitute for David Jones but is not as threatening as the hand on experience is not replicable by online shopping. Buyers or consumers possess a moderate amount of power as consumers are more careful of expenditure after the GFC and with the strong Australian currency, they can afford to purchase cheaper imported products. Supplier power is split in two, where more popular brands possess high power as they can choose whether to supply or not while smaller companies have considerably less as they depend on department stores to gain awareness and momentum. With the PEST model, it is shown that the department store industry is expected to show only a small amount of growth due to lack of confidence and increased spending. Also, government legislation is increasing David Jones’s fixed cost for operating by increasing employee wages, electricity bills and taxation. However modern technologies used such as Radio-Frequency Identification (RFID) can help reduce expense and achieve high performance. Increasing population, increasing importance of sustainability and also increasing multi-cultural growth, forces David Jones to adapt to satisfy…

    • 4190 Words
    • 17 Pages
    Best Essays
  • Better Essays

    Suburban Regional Shopping

    • 1019 Words
    • 5 Pages

    Another change that would need to be made is changing store configurations, referred to as zonal merchandising. This is where you group together stores that serve the same basic need and draw the same basic shoppers. This will help those shoppers that come to the mall to purchase a specific product. They then will see the other stores that sell similar products to what they are…

    • 1019 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Aa Case Study

    • 5003 Words
    • 21 Pages

    A second blow came for the retail sector with the Reserve Bank’s decision to leave interest rates on hold for February. As we head towards the toughest month of the year, Christmas credit card bills will roll in and back to school costs will tighten household budgets even further. There is one certainty, and that is consumers are conservative, and remained conservative over the festive season. The fact that even food sales were down confirms this- even though some of it could be due to continued supermarket price wars and declining fruit and vegetable prices. We also saw some serious declines across the fashion and department store categories. A month on month boost was reported however this was probably due to heavy discounting and at any rate the growth figure was below CPI levels. Year on year, the trend is still towards declines in these key areas which rely on both discretionary spend and periods such as the festive season to get them through. Retailers will be disappointed at the setbacks and will be looking seriously at their business plans to ensure their business can be run sustainably. Perhaps one of the most interesting parts of the retail trade figures is the consistent ‘boom’ in the other retailing category. There are many types of retailing lumped into the ‘other’ category, and we have said recently it could do with some drilling down into given it consistently posts year on year growth of between five and eight percent. One of the elements in the ‘other’ category is pure play online, which is worth a closer look given PayPal recently declared December 2011 as the biggest month yet for online shopping. What’s more, 70 percent of online shopping done by Australian consumers during this period was with purchases from Australian…

    • 5003 Words
    • 21 Pages
    Powerful Essays
  • Best Essays

    Case Study Lowe's Stores

    • 1992 Words
    • 8 Pages

    Method such as collecting consumer data can be utilized to quantitatively evaluate the impact of a new store on the trade area. Retail chains like Lowe’s can collect information from their customer through surveys that collects consumers’ shopping preference, request credit card user census from card companies, or signing up for speciality card in store and record the addresses of the customers. A map can be formulated from the census data to show the area where people spend the most at the store and expand to a location that is closest to the major source of demand.…

    • 1992 Words
    • 8 Pages
    Best Essays
  • Best Essays

    Retail Buying

    • 3282 Words
    • 14 Pages

    In today’s highly competitive markets retailers evaluate all opportunities and possibilities to present the right product at the right price with the right promotional support in the right place. Category Management (CM), Efficient Consumer Response (ECR) and Consumer Relationship Management (CRM) are concepts that have been embraced by Retail Buyers and Retail Buying. To begin with, CM is a retailing concept to help retailers increased value to the end consumer and then increase customer loyalty, and it is also belong to ECR; ECR is managerial approach which helps retailers and suppliers to implement more efficiency, and CRM is a strategic concept used by retailers and suppliers to gain a mass of data about consumers. Even though they all have own benefits, they still have limitations. For instance, CM is difficult to apply only by retailers; ECR must grasp consumers’ expectation very accurately and CRM is a kind of investment with high costs and risks. Therefore, it is better to apply them three together.…

    • 3282 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Critical Infrastructure

    • 1213 Words
    • 5 Pages

    economic blow to many different types of retailers, throughout the east coast, who rely on the…

    • 1213 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Also, developments in mobile phone technology are drawing more consumers away from brick-and-mortar stores toward online retail platforms. As a result, over the five years to 2012, the number of…

    • 4037 Words
    • 17 Pages
    Good Essays
  • Powerful Essays

    Ann Taylor Case Study

    • 3378 Words
    • 14 Pages

    • The 2008 economic downturn had a profound effect on the retail industry as a whole. One industry group estimated that over 6,000 retail stores had closed in 2008 which was a 25% increase from the previous year. Macroeconomic conditions were worsening and the entire retail environment was threatened by less consumer demand.…

    • 3378 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Baby Boom

    • 1511 Words
    • 7 Pages

    What exactly are malls and what is their purpose? What has malls done for Americans? A shopping mall, also known as a shopping center, or shopping plaza, is a modern, historical marketplace. The mall is a combination of independent retail stores, services and has a parking area, which is used by many Americans primarily for convenience. Many malls also contain restaurants, banks, theatres, professional offices, and sometimes entertainment areas for children. There is also a mall in the U.S. that has its own amusement parks. Shopping malls and shopping centers has proved to be so efficient that has become the main instrument for a good offline shopping. Architecture of each mall is to help people to find it easily, and so it would not…

    • 1511 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Nowadays, the development of the Internet is faster and faster. And it has brought some effects on our social life, for example, it is changing the retail industry gradually, both in content and structure. Today we will discuss main four impacts of the Internet on retail , which are, ⑴Internet promotes retail business prosperity by reducing cost;⑵Internet helps retailers enlarge market share; ⑶Internet creates a new form of retailing----e-retail; ⑷Internet brings crisis to bricks & mortar retailers.…

    • 1071 Words
    • 5 Pages
    Good Essays

Related Topics