Are you planning to open up a business or invest in one? Putting your worth of assets and efforts in retail sector, and particularly outlets in malls can be an ideal choice. Better location, sophisticated surrounds and upscale ambience are add-ons, which are not even taxed on your pockets. While high street standalone units can be ridiculously pricey, these can be leased on simpler terms. Provision of strata title is also popular.
Any Delhi shopping mall is way better than conventional shops due to multiple reasons. Besides aforementioned, you enjoy unlimited exposure not only of customers who fall in the category of your target audience but many more who can be an indirect client. So, there are quite a few benefits and little harm.
In fact, lifestyle sector is all the more lucrative. Starting up a business in luxury services at a Delhi shopping mall is all the more like icing on the cake. Fashion brands and retailing goods sees higher competition. There is a specific loyal following when it comes to these products and creating your own may need some time. Plus, there is an emotional factor also attached with it.
Actually people tend to spend more on lifestyle services as it triggers the ‘feel good’ factor. You would barely shop worth Rs. 5000 every time you visit a mall, but sparing that in a salon or in the food court in Delhi while treating a group of friends is common. Spa centres, gyms, salons, tour planners, and restaurants: these are the most revenue generating ventures for mall owners.
Food especially is a powerful driving factor. For 30% visitors, it is the sole reason that drove them towards a mall and they ended up being engaged in other services.
So, launching a business at a lush shopping mall in one of these genres is a good option.
Any Delhi shopping mall is way better than conventional shops due to multiple reasons. Besides aforementioned, you enjoy unlimited exposure not only of customers who fall in the category of your target audience but many more who can be an indirect client. So, there are quite a few benefits and little harm.
In fact, lifestyle sector is all the more lucrative. Starting up a business in luxury services at a Delhi shopping mall is all the more like icing on the cake. Fashion brands and retailing goods sees higher competition. There is a specific loyal following when it comes to these products and creating your own may need some time. Plus, there is an emotional factor also attached with it.
Actually people tend to spend more on lifestyle services as it triggers the ‘feel good’ factor. You would barely shop worth Rs. 5000 every time you visit a mall, but sparing that in a salon or in the food court in Delhi while treating a group of friends is common. Spa centres, gyms, salons, tour planners, and restaurants: these are the most revenue generating ventures for mall owners.
Food especially is a powerful driving factor. For 30% visitors, it is the sole reason that drove them towards a mall and they ended up being engaged in other services.
So, launching a business at a lush shopping mall in one of these genres is a good option.
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