B Sey’s Post

Shopping malls in Malaysia are much more than just places to shop! From being vibrant cultural hubs to community gathering spots, they shape our daily lives in so many ways. Want to know how they impact Malaysian lifestyle? Check out this article to discover the Top 8 Roles of shopping malls across Malaysia! 💬👇 https://lnkd.in/gm7juBbX #shoppingmall #retailmalaysia #propertymalaysia

🌟 Exciting Update! 🌟 Had the incredible opportunity to visit Watsons Malaysia Store at Sunway Pyramid recently, and the experience was truly enlightening! 🛍️💼 Diving into the vibrant health and beauty scene in Malaysia, I was impressed by the diverse product offerings and customer-centric approach at Watsons Malaysia. From skincare essentials to wellness products, the store catered to a wide range of consumer preferences with localized promotions and friendly service. Key Takeaways: 🌟 Product Assortment: Watsons Malaysia offers a diverse range of products catering to local tastes, while Watsons Hong Kong focuses on premium and international brands. 🌟 Pricing Strategies: Watsons Malaysia adopts competitive pricing strategies, whereas Watsons Hong Kong targets a higher-end market segment. 🌟 Cultural Influences: Each store integrates cultural elements and marketing tactics tailored to the unique characteristics of its respective market. Overall, the store visits provided valuable insights into the dynamic retail environments of Malaysia and Hong Kong, highlighting the adaptability and innovation of Watsons in meeting the diverse needs of consumers across different regions. Can't wait to explore more and share further insights! 💼✨ #Watsons #RetailInsights #MarketComparison #HealthAndBeauty #RetailExperience #MKW3444 #Fieldvisit

Assigned to do the retail part of One Bangkok, a historic megaproject. As we all know, Thais are good at department stores. I did the homework for video opening the mall in Bangkok since 2000. Almost all were conceptual videos. Probably because of the limitation that the movie had to be filmed before the mall was finished. The shops were not all open yet. No one could wait because in this business, every minute will be converted into income. (Thank you very much for waiting for Factory01. LOL Sorry for the inconvenience.) The structure of One Bangkok in the retail part is divided into many zones, covering all types of Targets, so we set the flag for all sprectrums of the masses. Hmm... "Conceptual, but everyone can access." The most important thing is probably the name One Bangkok. How can it not remind those, One Siam, Siam One, The One Card, etc. It has to depart from all EM and Central group, which are bigest players in the market that do continuous communication. In short, it is independent from all the information in the consumer's brain. Looking at the whole project. It's just like building a capital city inside the capital city. It is Bangkok of Bangkok. If Bangkok is not the capital, it should be the first time that Bangkokians will have the experience of returning from the capital, just like people from other provinces. Everyone has an interesting story for people at home and at work to ask. This is another time that clients were a very very important part. That makes the work come out like this. Khun Due, Khun Lek, Khun Ja, Khun Ta, Khun Jack Thank you for supporting us throughout the project. Ideal teamwork indeed. Flow (Wolf BKK), agency team, P'Toey, Palm, P'Win, Bua, Ice, Mix, Nook, New, Benz Thank you to all my crews as always. Especially the units of P'Air, P'Neung, and Aui. PS: The music is muted in some countries according to license. Please feel free to check our work for OneBangkok at https://lnkd.in/gfE7nxWM #OneBangkokRetail #Flow #Wolf #Factory01 

IADS EXCLUSIVE | Singapore’s retail scene is a fascinating blend of tradition and innovation. From the bustling luxury stores of Orchard Road to the cutting-edge experiences at The Jewel in Changi Airport, the city’s shopping landscape is constantly evolving. 🛍️✨ In a competitive market, some long-standing department stores are rising to the challenge by embracing curated experiences that engage both locals and tourists. While a few are redefining what it means to shop in Singapore, others are still navigating the complexities of this ever-evolving space. This week, IADS delves into how Singapore’s retail landscape is shifting to meet modern consumer demands. Are department stores ready to take the leap into the future? Discover more in our IADS Exclusive on the future of retail in Singapore. 💡 Click the Substack link in the comments to read the full story! #IADSExclusive #RetailInnovation #SingaporeRetail #DepartmentStores #CuratedExperiences #FutureOfRetail #OrchardRoad #TheJewel #OCBC #RetailTransformation

In today's news article, Datuk Paul Khong, analyzes how cautious consumer spending habits in Kuala Lumpur are affecting shopping malls. It highlights that despite the rising supply of retail spaces, retailers and malls are facing challenges with lower footfall and reduced spending. Therefore, the future of retail depends on adapting and enhancing the consumer journey. Source by: The Edge Malaysia, 2nd September 2024 #NewsArticle #shoppingmalls #RetailOutlook #RetailTrends #kualalumpur #malaysia #Savills #SavillsMalaysiaGroup #SMG

For my International Marketing Unit (MKW3444) assignment, I have analyzed IKEA's marketing methods such as market positioning, product assortment, pricing, promotion, store design and customer service. An in-store field study was conducted in the IKEA Jorai area to gain a deeper understanding of the brand's adaptation to the Malaysian market. I noticed that the stores were designed to be open, more spacious and well-organized layout so that consumers can clearly perceive what they need. In addition, the Scandinavian simplicity can still be seen in Ikea Malaysia and on top of that, Ikea Malaysia has considered product localization such as incorporating traditional Malay elements and serving Halal food. Overall, IKEA's success in Sweden and Malaysia demonstrates its flexible market positioning and localization strategy. By understanding and adapting to the needs of different markets, IKEA has been able to effectively meet the diverse needs of consumers and maintain brand consistency. These differences reflect the balance of "localization and globalization" in international marketing. This analysis made me realize that adapting to the needs and cultures of different markets is the key to successful international expansion. #MKW3444 #FieldVisit #CE:Dr Ankita M. #Tutor: Ms Diana Adil

According to experts, domestic enterprises possess numerous competitive advantages to develop large-scale shopping mall markets. Notably among these are a deep understanding of the domestic market, the psychology of Vietnamese consumers, and readily available resources.   Mai Vo, National Head of Retail Services at CBRE Vietnam, stated: “Having business operation in the local market gives Vietnamese enterprises/corporations more advantages, especially having local relationships, market knowledge together with an insightful understanding of the local legal system and government regulations that give them more opportunities and advantages to access into land bank quicker”   However, experts also assess that the greatest challenge to developing large-scale shopping malls effectively lies not merely in capital, but more importantly in formulating a long-term, sustainable development strategy to ensure long-term success. #CBRE #CBREVietnam #ThoughtLeadership #RealEstate #BatDongSan #Retail #Banle

coolest supermarket in Singapore

Good job Yudong! The best way to truly understand a new market before making business decisions is to immerse yourself—set foot on the ground, engage with the locals, taste the food, and absorb the culture. However, for many small businesses and start-ups, this level of immersion isn't always possible due to limited resources. That’s where the power of the internet comes in, offering incredible tools to bridge the gap. The following tools I mostly use during site selection and conduct market research. 1. Google Maps – More than just navigation, it’s a powerful tool for exploring urban landscapes, understanding traffic patterns, and assessing the proximity of potential store locations to key landmarks, shopping areas, and competitors. Use Street View to take a virtual walk around the neighborhood. 2. YouTube – A treasure trove of local insights. Watch vlogs, street tours, and daily life videos to get an authentic feel for the culture, lifestyle, and consumer behavior in different areas. It’s like doing a site visit from the comfort of your desk. 3. Google Trends – Stay ahead of the game by tracking what’s trending in your industry. Compare search interest in your brand versus competitors, spot seasonal patterns, and gauge public interest across regions to make data-driven decisions. 4. Hoodmaps – While playful and based on stereotypes, this tool offers valuable crowd-sourced insights into neighborhoods. It highlights areas based on local perceptions—whether they're seen as trendy, up-and-coming, or more industrial—helping you find the right fit for your business. #marketresearch #Miniso #Google #busienssinsight #siteselection

☠️𝑴𝒂𝒍𝒍 𝑰𝒔 𝑫𝒆𝒂𝒅☠️ Really? 🎶This is the crowd at Plaza Singapura (a popular mall in Singapore) last Sunday when K-pop group Aespa was in town for their fan sign event. 🎤The mall was packed like sardines over 6 floors. Fans went gaga at the sight of their fav idols. Spill-over effects? 🛒Well, mall tenants especially F&B establishments are likely to benefit from the surge in mall visitors. 💰Ka-ching!!! 💲While it’s not every Sunday that malls host events like this, but when they do, they could help increase footfall and hopefully revenue for tenants. 📆As long as malls have a strategic, well-planned activity calendar to pull in the crowd, whether it’s fansign events, curated art exhibition, mall/tenant collab etc, I believe there’s light at the end of the tunnel for malls in Singapore. ⭐️Give shoppers (locals or tourists) more reasons to visit. No - I’m not talking about more podium sales events. 🌈Definitely not all gloom and doom for malls. >>>>>>>>>> Till the next one. I’m Kelvin C.. >>>>>>>>>> #retail #retailisnotdead #retailsingapore #retailinasia #retailnews #malls #marketing #kpop #ccpn #kelvinc 📽️Creator / XHS