![]() Financial Daily from THE HINDU group of publications Thursday, May 13, 2004 |
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Catalyst
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Brands Columns - Market King The grand brand experience Jagdeep Kapoor
Ms Subramaniam, a well-educated working mother of two intelligent kids visits the mall to buy at Chennai to buy clothes for them. She too has a wide range to choose from. But is she truly satisfied with the service as well as the assessment of her particular needs? Does someone listen to her about her children's special preferences and suggest the relevant product along with knowledgeable advice? This too is a Mall Call.
Earlier, it was difficult to get a choice of products under one roof. Now malls provide that. But the standards of Indian consumers have gone up. They have become world-class consumers. They do not just want products, but advice, guidance and a clear solution to their needs.
Mr Shah buys his shirts and trousers from the malls at Mumbai. He finds it convenient and easy to shop. But he has a unfulfilled craving. He feels there is no one who understands his tastes, his likes and dislikes of colours and designs. This is Mall Call. Consumers want to be understood and served, making them feel special.
Whether it is Globus or Lifestyle or Shoppers' Stop, Ebony, Westside or Pantaloons or any of the stores at the malls, each one has what I name a Mall Call. A call from customers who visit the mall.
The time has come to go beyond just the handing over of goods displayed to ensure that the customer who visits the mall is fully understood and does not leave with a feeling that he wanted more but did not get it. The customer is looking for sensitivity and appreciation of his or her needs and special wants. Therefore he or she visits malls and not the corner store. If the normal store is able to give personal attention and serve individual needs, customers would go there.
This is a wake-up call to all the new stores and malls in India. Customers started visiting stores at malls because they got a wide range under one roof with a good ambience and received it conveniently. But that stage is over now. Everyone is expecting and getting these things in a location which is near their home. But now what? Customers expect more - they feel that connect with the store or mall brand. Today there are about 20-30 malls with hundreds of anchor stores. In two years, there will be over 300 malls and thousands of anchor stores. What will be the difference between one and the other?
That is the Mall Call. It is a call to all stores and malls to be sensitive and personalised to ensure the grand brand experience. It is not sufficient to provide tangible facilities or even a loyalty programme. It is more than that.
Customers are changing day in and day out. Their expectations are rising. They are looking for their intangible needs to be satisfied. A smile is necessary but not sufficient, because every competitor will smile. Walking the extra mile will be needed to really make the customer happy, in terms of patiently understanding the customers' desires. This the normal store does well. It is time to learn from them, though they may not have the space or range. Malls will have to pay heed to this. This will truly bring about a tangible and intangible grand brand experience.
The six important things that need to be done as per my advice are as follows:
Listen to the Mall Call and increase sales, customer satisfaction and profits.
(The author is Managing Director, Samsika Marketing Consultancy.)
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