Among the activities usually regarded as increasing the turnover of shopping centre tenants, there are all the different kinds of competitions and lotteries that are held, as well as the usual loyalty programmes. But it is such bonus schemes, which have hardly changed for many years, that now seem to be having a negative effect on sales promotion. In the changing economic situation and with improving living standards, consumers are no longer interested in small prizes or discounts – and this is a change in attitude reflected in a study by SW Research commissioned by the Polish Council of Shopping Centres. The survey actually revealed a growing indifference in some of the respondents to these kinds of tools. Therefore a rethinking of sales promotion methods now seems to be necessary. In a classic shopping centre marketing plan there is often a clear differentiation between image building, which is usually limited to billboard campaigns or press advertising, schemes to generate gre
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young