RE-TALE THERAPY - Aventus Property
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RE-TALE THERAPY AN INDUSTRY MAGAZINE BY AVENTUS TO INSPIRE PEOPLE TO EXPERIENCE THE JOY of crea t ing a beau tiful home and lifest yle Photo credit: Provincial Home Living RETAILER UPDATES OUR NEW CENTRES Retailer News and More Castle Hill Super Centre and Marsden Park Home Page 04-23 Page 16-17 ISSUE 6, AUGUST 2017
Issue 6 | August 2017 aventus industry magazine CHANGE WHAT’S FOR THE BETTER INSIDE IMPROVING NEW FOCUS ON FURNITURE OUR ASSETS RETAILERS CELEBRATES 30 STORES Winston Churchill said that “to improve is to change; so, to be perfect is to have changed often.” P. 02 P. 03 P. 04 I am fortunate to see this philosophy first hand every day, driving retailers in Aventus centres Q&A WORKING AS ONE PROVINCIAL RECIPE FOR across Australia. I also see this as a motivation WITH TO BRING THE HOME SUCCESS ANDREW COMMUNITY GROWING UP KWB GROUP for your customers as they create, perfect, and HOYNE TOGETHER nurture the home of their dreams. As retailers, you make it easier for customers are also expanding Cranbourne Home to P. 05 P. 06 P. 07 P. 07 to turn their dreams into reality, and inspire provide customers with a purpose-built them to think bigger, explore a broader child care facility, redeveloping the former range of ideas that will enrich their lives, and Bunnings tenancy at Sunshine Coast Home, experience the joy of creating a beautiful and undertaking major aesthetic upgrades KEY EVENTS SHERIDAN HOW AUSTRALIANS HAPPY home and lifestyle. at Macgregor Home. We’re committed to making the necessary changes to ensure FAMILY FUN AS STORY CHOOSE RETAILERS In turn, it is our mission at Aventus to provide the best platform for you to do this, so I’m our centres remain the very best home and SALES SKYROCKET BIG-TICKET life shopping destinations in Australia so that thrilled to report that these opportunities for you, our retailers, can continue to build your FURNITURE you to reach and inspire shoppers continue sales, grow your profits, and deliver ever to grow. improved services and retail experiences. Earlier this month we warmly welcomed over Similarly, Re-Tale Therapy aims to arm you 100 new retailers into the Aventus family following the acquisition of Castle Hill Super Centre with invaluable information, sourced from experts and industry leaders, to keep you P. 08, 18, 20, 23 P. 10 P. 11 P. 12 informed as you navigate a rapidly changing and Marsden Park Home retail landscape. in Sydney and the $6.4 million upgrade and We’re keen to hear your feedback and BOX OFFICE DRAW ABOUT TESLA OUR expansion of Belrose suggestions about the kinds of articles Super Centre. We and content you want to be seeing in OUTDOOR MOVIE SUPERCHARGING NEW CENTRES future issues. EVENTS A DRIVING Enjoy the read and I wish you a year of FORCE FOR RETAIL exceptional trading. P. 14 P. 15 P. 16 BIG DATA Q&A OUR PROPERTY LEASING Darren Holland, BEYOND THE WITH PORTFOLIO OPPORTUNITIES CEO, Aventus Property Group. BUZZWORD BOOODL’S GEORGE FRENEY P. 21 P. 22 P. 24 P. 25
Issue 6 | August 2017 aventus industry magazine 02/03 IMPROVING OUR ASSETS We welcome WHAT’S HAPPENING IN CENTRES? our new retailers CARPET COURT FOCUS ON FURNITURE FOCUS ON FURNITURE Jindalee Home Logan Super Centre Belrose Super Centre THE FLAVOUR MILL SHERIDAN STUDIO BARBEQUES GALORE Belrose Super Centre Belrose Super Centre Belrose Super Centre PROVINCIAL HOME LIVING FRAME TODAY IRON STUDIOS Belrose Super Centre Highlands Hub Bankstown Home KRESTA BCF NUTRITION WAREHOUSE Mile End Home Cranbourne Home Kotara Home CRANBOURNE BELROSE SUNSHINE MACGREGOR HOME SUPER CENTRE COAST HOME HOME > Commenced construction of our first Child > Belrose Super Centre completed a > Redevelopment commenced on the > Commenced an exciting facade upgrade Care facility at Cranbourne Home – “Little $6.4million expansion with 2,260sqm of former Bunnings tenancy at Sunshine project for Macgregor Home Learning School” GLA constructed on the existing rooftop Coast Home > The redevelopment works include painting, car park. > Upon completion, this fun and interactive > National retailers Amart Furniture, facade cladding, new feature signage centre will welcome up to 100 kids from > The centre welcomed two new national Sheridan and World Gym have pre- panels, landscaping and an upgrade of the local community retailers to its mix - Focus on Furniture and committed to the project, taking internal common areas Barbeques Galore, who opened their doors occupancy to 100% > Little Learning School are an innovative > Project due for completion during the first for a successful grand opening launch leader in Child Care Services, > Project due for completion during the first quarter of FY18 with established locations all over NSW. quarter of FY18 They are currently rolling out various locations in VIC, with Cranbourne part of this upcoming pipeline > Project due for completion during the first quarter of FY18 Cranbourne Home in construction Belrose Super Centre entrance Sunshine Coast Home in construction Macgregor Home before renovations
Issue 6 | August 2017 aventus industry magazine 04/05 FOCUS ON FURNITURE Q&A CELEBRATES 30 STORES WITH ANDREW HOYNE Competition in the retail sector has never been fiercer, especially as bricks Australian owned furniture specialist, Focus on Furniture, and mortar stores compete with online outlets. The experience people have when recently celebrated opening their 30th new store in Australia. they visit our stores, the emotional connection they have to them, is crucial. We spent 15 minutes with Andrew Hoyne, Principal of the branding and marketing company Hoyne, to learn how place visioning can increase both loyalty and profits. The company specialises in producing new markets and experience the same stylish furniture for an affordable price success we have enjoyed in our established and now operates 33 stores in Melbourne, areas,” Samantha said. regional Victoria, Sydney, NSW Central The Focus on Furniture showrooms feature Coast (Tuggerah), Canberra, South Australia, a generously sized product range. From Brisbane and regional Queensland. contemporary and comfortable sofas in a “We are dedicated to ensuring we offer variety of choices, including leather and quality furniture, at a great price point. We fabric lounges, through to dining settings, firmly believe good value should be available occasional pieces, bedroom furniture, to everyone. You shouldn’t have to pay a mattresses and a whole host of Australian premium, for good quality, contemporary custom made options, there is something for and stylish furniture. Offering this value, everyone and every home. all day every day has resulted in strong “Our mission is to always offer the best value customer loyalty in every area we open,” for money available to our customers and said Samantha Clarke, Marketing Manager, we are delighted to introduce the Focus on Focus on Furniture. Furniture value promise to more customers Samantha said the company has been across the country,” said Samantha. preparing for expansion across Australia for Focus on Furniture is also an official quite some time with more openings planned major partner of Breast Cancer Network later in the year. Australia (BCNA). “Having just opened 10 new QLD/NSW For further details on the range or store locations with a few more only weeks from locations, visit www.focusonfurniture.com.au opening, we are excited to embrace these ABOUT WE ASKED WHY SAMANTHA CLARKE LIKES ANDREW WORKING WITH AVENTUS Since establishing Hoyne in 1991 with Focus on Furniture has one channel where we can communicate all of our advertising the ambition of creating marketing movements and Aventus feeds that through the respective centres. They have a very Q: WHAT DO YOU REALLY MEAN WHEN Q: WHAT DOES BRANDING HAVE good example. Developers The TOGA Group that truly delivers, Andrew has spent open forum for discussion on centre initiatives, constantly referring to the retailer for YOU USE THE TERM PLACE VISIONING? TO DO WITH THESE REAL WORLD bought the old Jewish Hakoah Cultural Club the last two decades perfecting his feedback. They are creative in their initiatives and think outside the box in terms of Let me take a step forward, before I take a EXPERIENCES? and wanted to replace it with a mixed-use approach. Passionate about property, how to drive traffic to their centres. Most importantly is their collaborative approach to step back. Your brand should demonstrate You have to connect with people using both development combining retail, four levels precincts and placemaking, his advertising. They are happy to suggest an idea, or listen to one of ours. Either way they the spirit or personality of your business, branding and what people in planning refer of serviced apartments and several levels interests stretch far beyond brand and are supportive without placing too many red flags in the way and sometimes this can be a and when that comes to large format retail to as placemaking. At Hoyne, the brands we of owner-occupied residences. The local marketing. His involvement ensures downfall of a large centre group but Aventus seem to really focus on the larger objective centres, this means reflecting the spirit and create actually tell a story. They connect with community is very vocal and loyal to their the improved quality of the overall – to assist us growing our business, so they can grow theirs. Focus on Furniture has 8 aspiration of that community as a whole. something genuinely unique about a store, suburb and its culture. We had to work with development, resulting in greater stores across Aventus centres and we look forward to continuing the strong partnership. Done correctly, branding can attract the a product or a retail centre, and bring that to the architects and developer to ensure the commercial outcomes for every client. consumers you need, plus the other retailers life. You’ve got to find something people truly whole project embodied beachside living but Of the 14 books he has been involved and ancillary businesses you want. But recognise and connect with, something they are that the retail plaza, in particular, would be in publishing, three have focussed on before that can be achieved you must create proud to be a part of, or want to become part of. beloved by the local community. This meant specific suburbs and precincts. His a vision of what type of distinct place is being Q: AND HOW DOES PLACEMAKING FIT making it look really great in the location but most recent book, The Place Economy, created and what will make it memorable. INTO ALL OF THIS? also choosing the right food and beverage is an embodiment of that philosophy. To predetermine the experience you’d like We talk about place visioning and that’s where tenants. The branding we created celebrates Ultimately, Andrew is driven by a love for people to have, the first step should always we combine all our knowledge and research Bondi and all its eccentric residents and creative solutions that are the result of We are dedicated to ensuring we be to develop a place vision. Q: WHAT ADVANTAGES DO REAL about an area or a project, then identify the ultimate experience people would love to have attractions. Physically, Boheme actually creates a pedestrian throughway that locals powerful strategies. offer quality furniture, at a great WORLD RETAILERS HAVE OVER ONLINE COUNTERPARTS? when they come into contact with it. From there we literally envision how that will look, now use all the time. Commercially, its stores and cafes are popular with locals and tourists to by every single stakeholder. Successful price point. We firmly believe The thing people often forget about is how emotive a retail experience can be. An online feel, smell and sound, then recommend the elements required to make it all happen. The alike. It’s a huge success. The developers got the profitable project they needed while the brand and place experiences demand that every touchpoint is consistent when it good value should be available to shopping experience might be less expensive or more time efficient but it will never compare same can be done with one small store or an entire shopping precinct. You create the community got a new hub they loved. Q: SO WHAT’S THE ULTIMATE SECRET TO comes to the quality, commitment and the personality they reflect. To talk practicalities, everyone. You shouldn’t have to to the thrill or pleasure of actually spending time in a great retail environment, seeing experience you know people will not be able to ignore. SUCCESS IN YOUR MIND? Actually Brett Blundy, Director of Aventus this can start in the carpark and travel through the cafes, into the stores, even into pay a premium, for good quality, products displayed well, being exposed to new ideas and being served by welcoming Q: CAN YOU GIVE US A REAL WORLD EXAMPLE? Property, made the point in one of his recent editorials. He referred to the fact that the washrooms to be honest. As a consumer I have to feel like I’m on a unique journey, contemporary and stylish furniture. professionals. Kids still want to go shopping with grandparents and girlfriends still want to Sure, it’s easier to reference a project which has existed for a few years, because people collaboration between management, leasing, operations, marketing and retailers contribute obviously a really positive and enjoyable one, that I’m going to return to again and again, spend Saturday afternoons together getting a to the overall success of your centres. I could Samantha Clarke, Marketing Manager, have had an opportunity to experience it and that I’m going to recommend to others. little retail therapy. properly, and it’s a proven success. Boheme not agree more. Place visioning and branding Focus on Furniture in the Sydney beachside suburb of Bondi is a has to be understood, agreed to and adhered
Issue 6 | August 2017 aventus industry magazine 06/07 WORKING AS ONE PROVINCIAL HOME TO BRING THE COMMUNITY GROWING UP TOGETHER Provincial Home Living was founded in Wangaratta, Victoria in 2002 where the Along with the obvious and valuable societal benefits stemming from Pausewang family had purchased a co-op and business contributions and public engagement, there are many important began restoring the building to its former glory. reasons why leading retailers are deciding to play an increasingly When the renovation was near completion, The Provincial brand acknowledges prominent role in their communities. there was only one store left to lease. The current trends but primarily focuses on the founders saw an opportunity for manchester foundation pieces that every home needs. and homewares in this region and, with that The Pausewang family strives to work with While the immediate exposure to consumers traffic through, and provided great exposure With the current retailing landscape being A Junior Reptile & Amphibian Handlers thought, they became the final tenants and suppliers who share similar values and that can be gained often serves as the key to all stores. Customers were invited directly continually challenged by consumers’ shift Workshop held by the Best Friends store opened the first Provincial Home Living store. beliefs, and many of the suppliers are also driver for involvement, the longer-term gains into stores with a number of different retailer toward online shopping and purchasing, attracted more than 100 children and family businesses. The store began trading and business through business participation in community activations on the day. the benefits of engaging with community resulted in a substantial increase in foot was going well, though customers began In just 15 years Provincial Home Living has events can sometimes be overlooked. and being rightly perceived as a vital aspect traffic and sales on the day. Meanwhile, requesting to purchase the units the products grown from one small country store to a large Many of the instore events were aimed at Studies have shown that a strategic of local society have never been more nobody was going hungry at Red Rooster were displayed in. Seeing an opportunity for business with 32 stores located in Victoria, children in order to encourage family groups approach to community involvement important for businesses to consider and where 365 free kids’ meals were given away. expansion, the Pausewang family decided to South Australia, Queensland, ACT, and New to come along on the day. Activities included contributes strongly to the achievement of plan for. The promotion generated a significant spike add furniture to their product list, and it has South Wales, and is still proudly family owned a reptile and amphibian handlers workshop, business goals through improved reputation in paid meal orders for parents, with overall since become Provincial’s largest department. and run. face-painting and balloon art, lucky dips, Events such as Cranbourne Home’s Free Fun as well as the attraction and retention sales up by $2,000 for the week as a direct and discounted admission into the centre’s Day highlight the impact of working together Over the next few years, the products and After the success of stores in Aventus Centres of employees. result of the event. commercially operated play centre. to create unique and local experiences the presentation were refined while the at Mile End, Peninsula, Jindalee, Kotara, Retail Marketing Managers at Aventus for customers. business opened stores in Bendigo, Ballarat, Sunshine Coast, and Shepparton, Provincial Retailer perspectives: It’s a win-win are committed to supporting retailers and and numerous locations across country Home Living is proud to open their newest Retailers were unanimously positive, Free Fun Day: Retailer highlights continuing to strengthen community ties. Victoria. Provincial offered a fresh outlook store in the Belrose Super Centre. reporting significant spikes in sales figures Bargain Depot reported that the train ride The primary objective of our community on retail, instead of the usual shelved space, and in-store foot traffic. Patrons at some provided “great retailer exposure as it went events are to create opportunity for locals to the store was set up as a home with defined food outlets chose to take their meals from one end of the centre to the other” and come together, and interact with retailers at bedrooms, living rooms, dining rooms, and picnic style on the centre’s grassed areas rated the day as the best event the centre the centre. Retailers at Cranbourne Home in Melbourne with demand for table seating, at times, exceeding capacity. had run. The centre kitchen set-ups displayed throughout. recently joined forces to create a ‘Free Fun Day’ during the April School Holidays. The The overall mood of businesses that “It drove customers directly to our door,” a store representative said. heavily promoted centre heavily promoted the event which participated were best expressed by Red Lombards was giving out free balloons as the event which RECIPE FOR SUCCESS Rooster assistant restaurant manager Petar engaged 51,000 people via the event’s well as staging a lucky dip and offered face Facebook page, attracted a large number of customers to the centre on the day, and Fadljevic who said the event, and others like it, consistently validated and rewarded the painting for kids. The store reported that engaged 51,000 they had struggled keep up with the huge increased traffic by approximately 5%. decision to participate. demand. “We have never seen that amount people via KWB GROUP “I love how Cranbourne Home works with us of customers in our store,” Fiona the Store The centre supported the event with a jumping castle at one end of the centre and to host fun days like the Drive–In Movie night, Manager said. the event’s Family Fun Day and even the Dog Day Out! I a train ride at the other. This helped in driving Facebook page believe it is great for the community as well as for the store and its sales,” Fadljevic said. Kitchen Connection and Wallspan The company is also investing in new growth showrooms will benefit from a new verticals with digital innovation, entry into production facility recently established in complementary categories (such as flooring) Brisbane and future plans for growth. and network expansion as key focus areas for the business. The recent acquisition of the $8 million industrial asset in Lytton, is part of the Said John: “Improving our customer company’s aggressive growth strategy service offering has been central to all of which has seen a multi-million dollar turn these plans. The new production facility around for both brands since they were means we can turn around projects faster acquired by KWB Group in 2012. and our Virtual Reality program is yet another way we can improve the experience we offer John Bourke, Managing Director of our customers.” KWB Group said: “The new production facility in Lytton is a significant development for our business. “We now have the opportunity to be able to sell and install kitchens faster and more efficiently than anyone else currently in the renovation market. “We will also be able to supply an even higher level of customer service in terms of customisation and rectifications.”
Issue 6 | August 2017 aventus industry magazine 08/09 FAMILIES SADDLE UP FOR FAMILY FUN AND FANTASTIC SALES While the old saying about not working with kids or animals may hold true in showbiz, the opposite has been conclusively proven true when it comes to retailing promotional events. Families have been flocking to join in the fun Kids weren’t the only ones getting caught The centre recorded a 32% increase in The Easter Bunny popped up once again, with retailers at Aventus centres across the up in the animal antics, with free camel customer traffic which retailers said was this time visiting Logan Super Centre in country with the chance to get up close with, rides taking the fun to a whole new level. converted into a significant spike in sales. Queensland to deliver eggs and pay a visit handle, play with and even ride some animals Plenty of parents were hoofing it on over for to every store in the complex. The visit was Early Settlers and Gamble & Brown driving up foot traffic and delivering a free ride, and the results for the resident part of a broader program of fun for local outlets reported strong traffic due to their a boon for sales. retailers ensured everyone left with a smile kids with the Logan Kids Club - held every participation in the event, while another on their face. second Tuesday - already a firm favourite for Cranbourne Home in Victoria was the first retailer reported 16% growth on the previous the youngsters. Suzanne ‘The Fairy Lady’ has to kick of the furry fun this year with Best Along with the happy families who attended, year’s event. been entertaining kids with songs and stories Friends Pets & Cranbourne Home partnering retailers at Caringbah Home were the key 10% of retailers joined in the fun by offering and other fun activities once a fortnight. to create a Dogs Day Out in mid January. beneficiaries from the first of these events their own free activities as part of the Despite the heat, 200 dog owners enjoyed as the centre recorded a 25% increase The Easter Bunny’s final Aventus appearance event which was advertised throughout a day out with their canine pals enjoying in customer traffic on the day. Huge for the year, to the Belrose Super Centre, the centre using die-cut signage featuring activities such as a pet photo booth, crowds lined up for hours for the chance was a special one made possible by Kids the star attractions. Once again customer doggie pools, dog face-painting for the to be carried about on camelback and the Cove Early Learning Centre in Terrey Hills. engagement via Facebook was strong with kids, giveaways, dog demonstrations and overwhelming feedback from young and old Kids Cove sponsors the centre’s Mini Super many compliments flowing in after the event. more. Best Friends sent an email to 15,000 was that the fun was well worth the wait, Trouper Kids club, a regular and hugely customers via their database, while the even at peak periods. Retailer involvement The same day, Highlands Hub retailers were popular fun social program. The Easter event’s reach via Facebook hit 20,079. The included free balloons at Mint Flooring, free similarly being swamped with additional Bunny was only too happy to be a part of event was picked up by and featured heavily 6x8 prints at Harvey Norman and a count the foot traffic with a free animal farm event – a the fun, giving away Easter eggs galore and in the local paper. DVD stack game at JB Hi-Fi just to name a regular and perennially popular promotion leaving behind a sea of smiles on the faces of few. The promotion also garnered a pleasing for the centre – drawing its biggest crowds retailers and kids alike. Epping Hub was next up, assisting retailers level of social media engagement with plenty yet. Retailers jumped on board with Subway in the running of the centre’s first School In a separate event, the Mini Super Trouper of praise being plastered across the event’s offering free mini cookies and an Easter egg Holiday activation on Friday, 29 January, Kids club were visited by the NSW Fire Facebook page. competition was held at Beacon Lighting. in the carpark. Free School Holiday fun Service and the NSW Police Force. The Kids included a jumping castle, animal farm, The following day, rather appropriately a Ballarat Home was meanwhile busy assisting Club events are a great way for retailers to giveaways, face painting and more. Free Wednesday (a.k.a. ‘hump-day’), Kotara its retailers to run a school holiday activation share special offers and marketing materials roving entertainment was provided by Kids Home retailers and their customers got their throughout the centre. The Free School with their target market during every week of Space (a centre retailer) on the day and turn. While the kids were busy learning about Holiday Fun event, heavily supported by the school terms. a magic show after the event at their play the different animals and how to care for retailers, included one day only retailer centre proved highly popular. Overall the them, the camels were taking customers on offers, a jumping castle, animal farm, event attracted 526 children which impacted mini-expeditions. Children also enjoyed free giveaways, face painting at Lincraft and traffic by 5.4%. activities from our retailers; Hungry Jacks Fantastic Furniture, bargain spruiking, gave away free cheeseburgers, Gamble roving entertainment, an Easter egg hunt Eggcellent Easter Extravaganza and Brown handed out free mini cupcakes, at Fantastic Furniture and more. The event Come the Easter school holidays, it was Bunnings distributed gardening pots to kids, attracted 13,065 to its Facebook page and time for animal fun of a different kind with a and a colouring in competition along with 875 people to the centre on the day, boosting series of animal farm events proving a huge lucky dips were staged at Early Settler. traffic by 17%. drawcard for families.
Issue 6 | August 2017 aventus industry magazine 10/11 SHERIDAN HOW AUSTRALIANS STORY CHOOSE BIG-TICKET 40% of shopping searches on FURNITURE Google are for broad category queries such When Australians shop for big-ticket furniture items such as sofas, as “bedroom side tables, and shelves, their smartphones are their go-to assistants. furniture.” For retailers, this creates big opportunities to be present and useful in shoppers’ intent-rich moments. Big-ticket home furniture is often more than Your brand can win points right WHERE’S-THE-BEST-STORE something to fill a room—it’s a statement. from the beginning as 49% of Australians 3 MOMENTS And as Australians look for inspiration, have discovered and bought new brands Big-ticket purchases may not always happen narrow their choices, find the right store, they had little knowledge of prior to on mobile, but mobile certainly influences and then seal the deal, they use their a smartphone search.3 them. I-want-to-go moments are when the smartphones for ideas and information. rubber meets the road as shoppers look for I-WANT-JUST-THE-RIGHT-THING To understand what these moments look like, 2 MOMENTS local stores that have just what they need. we conducted qualitative and quantitative Consider a shopper on the hunt for a new Once shoppers know exactly what kind research, exploring the role of mobile—from sofa. While watching the nightly news, she of sofas or bathroom tiles they want, they the moment someone first thinks about searches for “kid-friendly sofa materials” on need to know where they can pick up their redoing the bathroom to the moment the final her smartphone. She reads a few articles that items without too much hassle. When tile is in place. convince her to go with a leather sofa instead people conduct local searches on their Here are the four key micro-moments we of fabric. This behaviour is common across smartphones, 76% visit a business within uncovered for Australian furniture shoppers, Australia, with 82% of people using their 24 hours of the search.5 And 28% of those as well as insights into how your brand smartphones at home to search online when searches results in a purchase.5 can win each moment. buying home goods furnishings.3 How to win where’s-the-best-store After she knows what kind of sofa she moments 1 I-NEED-SOME-IDEAS MOMENTS wants, it’s time for her to find the right one. >> Have a local presence: By the time they When a shopper kicks off a new project, She might head to a few retailer sites she’s search for locations, shoppers are ready Sheridan is celebrating its 50th Anniversary this whether it involves finally redoing the living room or looking for a new bed, they’re in already familiar with, and she’ll also search for broad terms, such as “affordable leather to roll. Make sure your online business listing is updated, that you’re present year with a series of collaborations that nod to discovery mode. They want to see what’s sofa” or “best leather sofa.” for local search terms such as “furniture what makes Sheridan unique; artistry, quality, out there, so they head out not to research With so much information available to stores near me,” and that you have craftsmanship and iconic design. Introduce creative thought and mattress prices, but to look for ideas. In fact, 40% of shopping searches on Google are consumers, Australians conduct dozens of searches to help them find exactly the location extensions set up. >> Show product availability: As much beauty into everyday things of life for broad category queries such as “bedroom furniture.” right thing. Nearly half (45%) of recent home furnishings purchasers in Australia as shoppers care about optimising and finding the perfect piece, they care need to make comparisons. You can run a quick check on how mobile-friendly your Claudio Alcorso Shoppers in these I-need-some-ideas compared choices and product features on equally about being efficient and saving site is right now with Test My Site. Sheridan was founded in Australia by available in their Studio and Sheridan moments are looking for inspiration. What their smartphones.4 time. To drive shoppers directly to you, visionary entrepreneur Claudio Alcorso in Boutique stores from end of July. This >> Include detailed product specs and colours are in style right now? How can I show product availability at your different 1967. As a boy working in the family textile collaboration talks to the artistry at the heart How to win I-want-just-the-right-thing answers: If shoppers have questions that arrange the room to make the best use of store locations with local inventory ads. printing business in Italy, Claudio acquired of the brand’s history. Done first created a moments a sales rep can’t answer, they’ll go—you knowledge and a love of textiles. When he sell-out collection for Sheridan in the 80’s. light? What themes can I incorporate? >> Provide detailed information and tips 4 THIS-IS-THE-ONE MOMENTS guessed it—to their smartphones. Even migrated to Australia he bought with him an about products: It’s crucial for your Often when shoppers enter your store, in those final moments, you’ll need to The launch of Sheridan Studio concept How to win I-need-some-ideas moments inherent understanding of the importance site and any ads supporting your site to smartphone in hand, they know what they be there and be useful on mobile, if only stores is also key in Sheridan’s 50th year. The >> Be there: It’s crucial for your brand to of quality as well as his passion for art and have all the information shoppers need to want—but they may also have other options in to help shoppers feel confident in their new concept stores enable the customer to have a mobile presence at this point beauty. Claudio believed that beauty in art make choices. mind. In the store, they want to check how the purchases when they walk out the door. create, curate and style their home with a full because 90% of smartphone users belonged to everyone, everywhere – not just >> Get in front of interested shoppers: piece looks in real life, how it feels, and whether home offering – from floor rugs to furniture say they aren’t sure of the specific >> Provide multiple checkout and on gallery walls or in ornate gold frames. His Shopping ads help you get your product the colour is what they expected. In Australia, and storage solutions to wallpapers, wall art, brands they want to buy when they fulfillment options: When ready to buy, vision was to “introduce creative thought photos in front of consumers searching 68% of smartphone shoppers have used their bathroom accessories and soft furnishings. begin shopping. people want convenience and simplicity. and beauty into everyday things of life” and online for what you offer. phones to search for information about items Sheridan Studio also continues to house a >> Showcase compelling visuals: Providing If shoppers are looking to buy online, his down to earth, egalitarian way of thinking they were looking to buy while in a store.3 curated selection of Sheridan’s most adored high-quality visuals can help shoppers >> Include descriptive photos: Shoppers make it easy by allowing them to check was a perfect fit with the Australian spirit. bed linen, towels, cushions, throws and focus their vision. like to get a feel for your furniture without Whether you’re the store the shopper out as guests and providing them with That’s a vision that still holds true for bed accessories. having to drive to your store, so include is standing in or the competitor she’s multiple ways to pay. >> Provide helpful content: Many Australian Sheridan today and guides us in everything product photos from different angles and researching, you want to have all your ducks Mobile influences shoppers’ choices all along Studio stores operate as an interactive space shoppers save pictures of room design we do. We’re known and loved in Australia in context. in a row to make it easy to choose you. the way. When you consider what furniture with large communal tables for conversation, ideas they come across as they search. and around the world for our beautifully >> Turn on reviews: Featuring product shoppers need at each step of the journey learning and consultation, and workshops. When shoppers find (and save) photos designed, quality products that make life just How to win this-is-the-one moments The new store format will be home to styling of contemporary living room layouts, for reviews and user comments can increase and provide helpful and quick experiences, that little bit more indulgent around the home – >> Offer a seamless mobile experience: sessions and workshops, transforming the example, from a brand’s blog, they’re a shopper’s confidence in a product and your brand can influence decisions in the be it bed linen for the bedroom, towels for the It’s crucial that mobile experiences are traditional retail framework into a hub of much more likely to keep your brand in get them ready to head to the store. moment and shape consumer preferences in bathroom, table linens, loungewear or home frictionless and have everything shoppers creativity and a truly bespoke customer mind as they come closer to purchase. the long-term. accessories for all the other places experience, enabling the customer to create of the home. an entire Sheridan home. One collaboration in the 50th year that Sources (5) For more activity around their stands out is the partnership with iconic 50th anniversary visit 1. Google internal data, anonymised, aggregated searches that trigger a PLA, November 2015, U.S. Australian artist, Ken Done. He has created Sheridan.com.au@sheridanaustralia 2. Google/Ipsos, “Consumers in the Micro-Moment, Wave 3,” August 2015, U.S., n=1,291 online smartphone users 18+. 3. Google/Galaxy, “Consumers in the Micro-Moment,” June 2015, Australia. a limited edition collection of quilt covers, #sheridanaustralia 4. G oogle/TNS, “The Consumer Barometer Survey,” 2014–2015, Australia, n=128 smartphone users and home furnishing recent purchasers. cushions, and a beach towel that will be 5. Google/Purchased Digital Diary, “How Consumers Solve Their Needs in the Moment,” May 2016, U.S., representative sample of n=1000 smartphone users, n=634 local searchers, n=1140 purchasers.
Issue 6 | August 2017 aventus industry magazine 12/13 HAPPY RETAILERS Adairs, Caringbah Home Petbarn, Kotara Home Sleepy’s, Kotara Home Toys R Us & Babies R Us, Bankstown Home Freedom, Belrose Super Centre Choices Carpet, Kotara Home Autobarn, Cranbourne Home Barbeques Galore, Castle Hill Super Centre Best Friends, Cranbourne Home OZdesign Furniture, Caringbah Home Provincial Home Living, Belrose Super Centre Best & Less, Highlands Hub Snap Fitness, Epping Hub 99 Bikes, Mile End Home Snooze, Bankstown Home Barbeques Galore, Belrose Super Centre JW Computers, Bankstown Home Subway, Bankstown Home 24/7 Fitness, Cranbourne Home Freedom Furniture, Castle Hill Super Centre Lombards, Cranbourne Home Howards Storage, Castle Hill Super Centre Barbeques Galore, Belrose Super Centre Ezyswim, Bankstown Home Thyme Out Cafe, Cranbourne Home Barbeques Galore, Belrose Super Centre Beds n Dreams, Mile End Home Office Works, Epping Hub Sleeping Giant, Castle Hill Super Centre Red Rooster, Cranbourne Home BRAND PARTNER OPPORTUNITIES Red Rooster, Cranbourne Home Provincial Home Living, Belrose Super Centre Godfreys, Belrose Super Centre Chemist Discount Centre, Peninsula Home Partnering your brand with Aventus has never Barbeques Galore, Belrose Super Centre Freedom Furniture, Belrose Super Centre The Good Guys, Bankstown Home Plush, Mile End Home been easier. With 22 centres across Australia, we’ll help you connect your brand message to the right customers. Our spaces are as diverse as our customers, With solutions in Digital Media, Social, bringing together Home, Lifestyle, Site Activations, In-Centre Media and The Flavour Mill, Belrose Super Centre Beacon Lighting, Bankstown Home Autobarn, Mile End Home Adairs, Caringbah Home Food and Health & Wellbeing – creating Sponsorships, Aventus is where you hubs that are so much more than just a need to be. shopping destination. Visit www.partnerships.aventusproperty. com.au to find out more. Gamble & Brown, Kotara Home Kids Space with Darren Holland CEO at Barbeques Galore, Bankstown Home Sofa Shop, Mile End Home Epping Hub
Issue 6 | August 2017 aventus industry magazine 14/15 BOX OFFICE DRAW ABOUT TESLA OUTDOOR MOVIE EVENTS A SUPERCHARGING DRIVING FORCE FOR RETAIL Tesla was founded in 2003 in Silicon Valley by a group of engineers who wanted to prove that electric cars could be better than gasoline-powered cars. A car with instant torque, incredible power, and zero emissions, Tesla’s products would be cars without compromise. Each model would be increasingly affordable, Ballarat Supercharger Opening helping the company work towards its Tesla’s Ballarat Home Supercharger station mission: to accelerate the world’s transition is the first connection from Melbourne to to sustainable energy. Adelaide. The official opening was held at the centre on Tuesday 7th March 2017 with Since announcing the technology, Tesla a ribbon cutting ceremony. has deployed more than 800 Supercharger Stations and more than 5,195 Superchargers Councillor Jim Rinaldi from the Ballarat City worldwide, making it the fastest-growing Council was on hand to cut the ribbon and fast-charging network in the world. declare the six bay station open. Multiple owners drove from near and far for the Supercharger stations are strategically opening event and vehicles were on display placed to allow owners to drive from station for locals to test drive. to station with minimal stops. Stations are located near amenities like roadside diners, The Tesla Supercharger can add up to cafes, and shopping centres so road trippers 270 km of range in just 30 minutes of can stop for a quick meal and have their charging. Superchargers are designed for Crowds gather to Model S Tesla vehicles charged by the time they’re done. city to city travel, allowing owners to travel for about three hours, take a quick break, Energy, excitement, fun and broad-appeal. These are not only enjoy outdoor Tesla Superchargers charge a Model S in and get back on the road charged up. key ingredients in successful retailing but also the recipe for a cinema family screening minutes instead of hours. The ability to quick charge, allows easy long-distance travel hit. So, it is no surprise that our outdoor family film promotions have along well-travelled highways around the world. The Tesla Supercharger been attracting as many as 3000 customers to some screenings. is substantially more powerful than any existing charging technology, providing up to 120 kilowatts of power and 270 km of range But how do retailers reap the rewards of this many ways to get involved. These include customer traffic for the day, with 1600 people in 30 minutes. Councillor Jim Rinaldi and Senior Marketing & Communications Manager for Tesla Australia, foot-traffic, especially when screenings are offering screening day specials, free in-store visiting after 4pm equating to 34% of the Heath Walker, officially opening the charging station at Ballarat Home. generally scheduled during sunset hours? activations, airing commercials prior to day’s customer traffic. the movie and more. With centres showing significant crowd Additional attractions - a puppet show and increases on repeated events, more and more retailers are choosing to extend RECENT the chance for customers to have their photo taken with the NRL Premiership Trophy - The event opening hours. And with the majority of families arriving an hour or more in advance FEATURE proved hugely popular. Retailers reported many customers returning after the event attracted over of the screening, operators are finding many simple, cheap and effective ways to HIGHLIGHTS to make purchases. 990 customers Epping Hub – Movie: Zootopia entice families into their stores such as free balloons, popcorn, and competitions. Bankstown Home – Movie: Zootopia Despite poor weather forcing the cancellation of a community market planned to and significantly boosted foot With over 60% of retailers participating on The return for retailers is an opportunity complement the centre’s first outdoor movie the evening, holding their own free activities, to boost sales, increased brand/store event, customers arrived early and enjoyed traffic. some 1,600 cars visited the centre after 3pm. awareness, and (in what seems to be a free retailer activations including jumping growing trend, based on retailer feedback) Customers skied the Swiss Alps in castles, novelty animal rides, food trucks, customers deciding they need to come back Bankstown via a JW Computers 3D virtual free face painting, and roving entertainment. for a particular product or item at a later time. reality world demonstration, while a puppet The event attracted over 990 customers and show brought back some nostalgia significantly boosted foot traffic. With both parents (a.k.a. the ‘dual decision for parents. makers’) generally present at screenings, Peninsula Home – Movie: Cars mums and dads are returning soon after to Once again, retailers reported a boost in Pre-movie entertainment - including free purchase items they may otherwise have sales including additional gym memberships, retailer activations, go karting, giveaways, never seen or considered. a spike in bed sales and Toys R Us recording jumping castle, and a roving jazz band - had a 20% jump in customer traffic. customers flocking early. The event attracted Due to increasing demand from patrons and retailers, Aventus will continue to roll these close to 500 patrons on the night, increasing Caringbah Home – Movie: Zootopia movie events out. foot-traffic by 9.7%. With wet weather looming, the centre’s As with anything, the more a store puts loading dock was immaculately cleaned in, the greater the return - and there are and transformed into a makeshift ‘screening hall’. The event achieved a 54% increase in
16 Issue 6 | August 2017 aventus industry magazine 16/17 OUR Castle NEW CENTRES Hill Super Centre Marsden Park Home The Australian reported the acquisition in its 31 May 2017 edition: Aventus buys Home Hubs for $436m In July this year, Aventus became the very The Aventus Property Group has struck the country’s biggest-ever large-format retail but it doesn’t rerate the entire industry,” Mr Holland said. Macquarie said the deal was consistent with the Aventus strategy of consolidating in large- proud owners of two large format retail centres purchase with the listed trust buying Home He pointed to other deals involving private format retail. The company listed in late 2015 Hubs in the northwestern Sydney suburbs of to allow it to access listed capital to move on in Sydney, located at Castle Hill and Marsden Castle Hill and Marsden Park for $436 million. buyers but the value of well-positioned centres opportunities in a fragmented asset class. is expected to rise as a result of the new metrics Park. This acquisition introduced an additional The company beat stiff competition from retail that have been set and Aventus may sell some Since then it has bought a Blackstone portfolio 104 shops across more than 71,800sqm to the magnate Gerry Harvey to buy the two Sydney centres from international heavyweight smaller assets. and snapped up smaller individual centres, with the latest deal viewed as earnings- Aventus portfolio. LaSalle Funds Management, leaving it Mr Holland noted that Aventus had grown from a 9 per cent share of the national large-format neutral or slightly dilutive, although Mr well positioned to consolidate further in retail market to 14 per cent as its portfolio had Holland pointed to a number of opportunities industry superannuation funds — AustSafe the industry. lifted to more than $1.8 billion. to improve the centres. Super, Club Plus Super, Energy Super and The blue chip centres sold on a weighted “Whilst the deal is not hugely material Intrust Super. He agreed that it was pursuing industry Aventus now owns 22 large format retail average capitalisation rate of 5.6 per cent. for earnings in the very near term, this consolidation but insisted that it was also They reaped a hefty premium after buying the centres across four states, with a combined Home Hub Castle Hill went for $336m at a transaction improves Aventus’ exposure to the boosting value by delivering on its development Castle Hill facility for $178.5m in 2012 and the value of $1.8m. We are now the largest LFR fully leased yield of 5.5 per cent and Home pipeline and exploring planning reform at its Sydney market,” Macquarie said. site for the Marsden Park property in 2015 for landlord in Sydney, with catchment area Hub Marsden Park for $100m at a fully leased existing sites. $66m, and then developing it. coverage to 43% of Sydney. The sale of the centres by the LaSalle Australia yield of 6 per cent. Aventus yesterday conducted a $215m Club Investment Trust is another marker “The dominant, strong performance, high In typical Aventus style, we quickly identified Aventus chief executive Darren Holland played entitlement offer, handled by investment for the sector that is producing steadier growth aspect and exceptional quality of the opportunities to enhance and energize the look and feel of the centres, as well as improving customer experience and linger Aventus Team down concerns that prices in the emerging sector had escalated too quickly, citing its banks Macquarie and UBS. The raising was backed by billionaire co-founder Brett Blundy performance than landlords exposed to department stores and some struggling anchor assets resulted in significant investor interest from international investors, domestic growing maturity and the rising proportion and Sanity boss Ray Itaoui who will hold a supermarket chains. institutions and a range of high-profile private time. Works have already commenced across Photo credit: Hellas Kamarinos of tenants that were listed on the ASX and combined stake of about 35 per cent after the investors,” Mr Rooney said. both sites, and rebranding of the “Home The homemaker portfolio was marketed Hub” name is planned as “Castle Hill Super pursuing multibrand strategies. heavily bid raising. by Simon Rooney of JLL and Dan McVay “The deep investor pool was clearly attracted Centre” and “Marsden Park Home”. “We think there might be some (capitalisation The $2.32 per share price showed a 7.1 per cent and Sam McVay of McVay Real Estate after to the long-term potential and the high rate) compression off the back of this ... fiscal 2018 distribution per security yield. being assembled by LaSalle on behalf of four population growth outlook for both assets.”
Issue 6 | August 2017 aventus industry magazine 18/19 THINKING OUTSIDE Meanwhile in Queensland a number of retailers at Jindalee Home joined forces to host the centre’s most successful carpark sale yet. The inclusion of food trucks and THE STORE kids’ activities created great shopper circulation throughout the centre and drew a massive crowd of customers. The event saw a traffic increase of 22% on the day, with enough cars to fill the carpark 9 Kotara times over. It was the centre’s busiest day in the previous 12 months. Carpark Retailers were thrilled with their efforts as they reported their best sales days Sale! of the year, with many recording bigger one day revenue totals than during the Christmas period. Highlands Hub in NSW similarly opened up its carpark to retailers in June with large crowds proving that the right mix of deals and attractions can easily be enough for shoppers to ignore the winter chill. The Huge Carpark Sale event saw overall foot traffic up by 8% and participating retailers reporting strong sales results. And rounding out the final two weeks of June, Beds n Dreams hosted its very own massive car park sale at Belrose Super Centre. Catherine from Beds n Dreams promoted the event via the store’s customer email database and, with the support of the centre’s social media and website, the sale was such a great success that it has already been booked in for a repeat next year! Mile End It was Carpark the centre’s Fun! busiest day in the previous 12 months It’s one of the most important advantages that physical stores can offer over their hamstrung online-only competitors. It can create some of the most fun, cost-effective and simplest opportunities to promote customer traffic. And, having only grown in popularity due to the increasingly exciting variety of deliverable customer experiences, it’s a proven MARKETING winner at driving up sales. Yes, it’s the fresh-air and the wide‑open spaces! MANAGERS Our Retail Marketing Managers are here to support our retailers, so please ensure all marketing correspondence is directed to the appropriate contact. We look forward to working with each and everyone of you. We’re talking about taking the shopfront Participating retailers recorded strong sales Other stores in the centre also reported One retailer reported the additional cars outside, really leveraging the real estate with one store operator alone reporting significant rises in sales, with one business equated to an extra $2,000 per vehicle Sarah George Georgia Kelly Jenny Birt Donna Godwin Jillian Christie available, and transforming the shopping a 135% increase on the same period the reporting a doubling in revenue for the in sales while another retailer reported Retail Marketing Manager Retail Marketing Manager Retail Marketing Manager Retail Marketing Manager Retail Marketing Manager experience into a market feel. previous year. day, and another reporting a more than garnering some $750 for every set of wheels Queensland New South Wales Victoria NSW & SA New South Wales 15% jump. that turned up. Logan Super Centre, MacGregor Castle Hill Super Centre & Cranbourne Hub, Peninsula Home, Midland Home, Caringbah Home, Belrose Super Centre, Tuggerah Indeed, some of the most popular and hugely Television ads were used for the first time Home, Tweed Hub, Jindalee Home, Marsden Park Home Ballarat Home, Shepparton Home Bankstown Home, Mile End Home Super Centre, McGraths Hill Home, successful events that our retailers have to promote the regular event with customer “This event is always strong for us and 2017 Sunshine Coast Home 02 9634 1116 & Epping Hub & Highlands Hub Kotara Home & Warners Bay Home been involved with this year have been our traffic matching the huge numbers achieved delivered again with our sales up double!” 07 3209 3656 gkelly@aventusproperty.com.au 03 5991 4922 02 9847 7002 02 9542 7344 carpark sales. By re-imagining these areas in 2016. said another retailer, adding: “Big, big sgeorge@aventusproperty.com.au jenny@aventusproperty.com.au jillian@aventusproperty.com.au donna@aventusproperty.com.au at Aventus centres, retailers have created a increase in customer traffic.” Another such event, also staged annually fun market place vibe – and the change of by Mile End Home in South Australia in May, “Killed it - sales were great,” was the short scenery has been a hit with the public. was a huge winner with 80% of the centre’s and sweet summary from another store Kotara Home in NSW was among the first of retailers choosing to participate and creating operator, with their neighbours’ expressing the centres to take advantage of the great a heap of energy throughout the centre. similar excitement about their gains from outdoors this year with its now annual Car the event. Retailers again reported excellent results. Park Sale taking place in March. Once again, part of its sprawling carpark The sales achieved by one chain outlet store in the centre launched it to number one in its “Excellent awareness [converted into] strong sales - many new customers were Big, big space was converted into a pop-up group national rankings for the day. The store commenting they [hadn’t previously known] increase in ED ED marketplace with retailers trading in the usually sits around 5th or 6th in Australia for the brand was at the centre,” said one IN IN customer traffic JO JO car park and shoppers snapping up the daily sales, however a sales spike of between store operator. ST wonderful deals and specials on offer. 70-80% saw it top the charts. ST JU JU
Issue 6 | August 2017 aventus industry magazine 20/21 CLEANING UP BIG DATA IN STYLE BEYOND THE BUZZWORD Two lucky shoppers, and their families, will be Every second we create new data. And every day our ability to create, analyse and going home to beautifully clean and tidy homes investigate data is growing. A recent EY report, Big Data: Beyond the Buzzword has all year after winning 12 months’ worth of free highlighted the growing relevance of data across all areas of the property sector. weekly cleaning services courtesy of the Kotara Home and Mile End Home centres. ABOUT EY The promotional events – being repeated reflecting their local community. All images EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and at both centres due to the overwhelming were posted on the centre’s Facebook page, in economies the world over. We develop outstanding leaders who aim to deliver on our success of the competitions in previous with the public invited to vote on a winner promises to all of our stakeholders. In so doing, we play a critical role in building a better years – also saw retailers cleaning up by by ‘liking’ their favourite image. The top ten working world for our people, for our clients and for our communities. way of boosted sales figures directly tied to images were then reproduced and exhibited EY refers to the global organization, and may refer to one or more, of the member firms the events. in centre on display stands and car park of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young banners. The top ten students each took Global Limited, a UK company limited by guarantee, does not provide services to clients. Newcastle based retailers at Kotara Home home a voucher donated by centre retailers were the first to benefit through their event For more information about our organization, please visit ey.com. Bargain Depot, Regal Sleep Solutions or Red held in April. Shoppers seeking to win the Rooster. The centre received over 33 entries grand prize needed to have spent $20 and 859 votes via its Facebook page. or more in any of the centre’s stores to Construction giant Skanska is using big data While some companies in our industry are be eligible. Lending a hand to bring people and tools together on job sites. adept at understanding data, few are good And while Cranbourne was busy supporting Using sensors to track worker movements, at translating analytics into measurable Along with a total of more than 9,000 entries the working of budding artists, retailers in Skanska has optimised the position of tools results. And ultimately, the value of big data in this year’s prize draw, the promotion Belrose were doing their bit for the fight and resources to reduce worker time-in- must be evaluated on how it achieves better garnered 3,000 unique email addresses for against cancer. motion by one-third – and slash the average business outcomes. the customer database. Customer traffic for the centre was up 29% for the duration of On May 25th, the centre’s retailers banded worker’s daily trudge by 3.2 kilometres a day. The reasons for this are technical, financial the promotion and dollars raised from entry together to participate in the Cancer Council Meanwhile over at Mirvac’s 200 George Street and cultural. Many companies are coupon records totalled more than $3.25m. Australia’s Biggest Morning Tea at Belrose in Sydney, sensor technology is tracking a overwhelmed by the complexity of the task Super Centre. dozen indoor environment factors from air and the costs involved with capturing data. Come June, it was time for retailers at Adelaide’s Mile End Home to share in The annual event helps the Cancer Council temperature to humidity, and light to carbon They are unsure of how to communicate the wins with the SA event echoing the fund its vital cancer research, prevention dioxide levels. The huge volume of data the benefits of big data analysis to their successes at Kotara Home. programs, advocacy and support services gathered is sent to Mirvac’s ‘Living Lab’ and stakeholders. They are also confounded by for those affected by cancer. analysed for patterns. Researchers are using the complexity of their businesses, which The promotion had attracted more than 3000 the data to run controlled experiments, such makes the task of isolating and measuring entries with more than a week to run before With a sea of yellow balloons around the as filling a space with plants to address specific actions taken as a result of big data the prize draw. centre, provided by Spotlight, tickets in the carbon dioxide levels. analysis a challenging one. raffle were very popular. Nathan from Lazy- Boot-load of bargains And for retailers, the impacts are even more EY Real Estate Managing Partner, Selina Boy donated the largest prize - a chair - and Keeping with the clean and polished theme, obvious with growing use of analytics across Short says big data has the potential to truly Victoria from Focus on Furniture provided albeit with a slightly different spin, Highlands building design, customer experience and a shift the way the industry thinks and creates gift vouchers. Many other retailers provided Hub in Mittagong NSW combined classic range of analytic technology within shopping its future spaces– from building design to prizes for the morning. cars with fun, prizes, entertainment and good spaces that predict consumer behaviour. tenant attraction to consumer behaviour. food as customers rallied to the centre for a Morning tea was provided by The Flavour Mill Show ‘N’ Shine in the carpark. Café, Scancelli Café, Subway, Fresh Delights These are just three examples of how “The challenge is great, but the opportunity and Choice Sushi. Customers were also the industry is using big data to deliver is greater. Creating a culture that embeds Held in June, the event proved a huge better outcomes. analytics into decision-making can answer treated to the delights of the Hummingsong attraction as car lovers travelled from far and questions, solve problems and ultimately Choir which had everyone tapping their toes The term ‘big data’ itself may be a bit of a wide to get a close look at some gorgeously improve the bottom line of a business,” and singing along. buzzword, but what it means is harvesting presented vehicles. And it wasn’t just Short said. tyre kickers, with a resulting 25% spike in The commitment in Belrose to helping others data en masse across multiple sources, and customer traffic from the event ensuring that also includes a charity donation fountain looking for both patterns and anomalies. For leaders in the property sector, the biggest retailers benefited handsomely. that has become a beloved feature at centre. challenge is to create a culture that embeds Connecting and correlating these disparate Customers have long been dropping in coins analytics into decision-making, and embraces Along with the vehicle display a local charity sources of data can unearth a treasure trove an iterative approach that uses big data to got involved, staging a BBQ from breakfast and making their wishes. While it is hoped that all these wishes come true, the coins WIN A CLEANER FOR A YEAR of insights to drive business efficiencies and answer questions, solve problems and build through to lunch, while there were also SPEND $20 OR MORE IN ANY MILE END HOME STORE TO ENTER reduce costs, analyse risks, optimise current are already having a huge impact on the lives stronger, more competitive businesses. raffles, live music, a jumping castle for the ENTRIES CLOSE SUNDAY 25 JUNE 2017. TERMS AND CONDITIONS APPLY, SEE ENTRY COUPON FOR DETAILS. offerings or develop new ones, and guide of some very ill but brave young children. smarter strategy. Download EY’s latest whitepaper, kids and plenty of deals to be had in-store. All proceeds from the money fished out of Big Data: Beyond the Buzzword: fountain is donated to the Bear Cottage Big data can influence decision-making The art of retail http://www.ey.com/au/en/ across the entire industry value chain: from Speaking of showing off works of art, at children’s hospice. industries/real-estate/ey-big- using data to inform design and development Cranbourne Home, a partnership with local data-beyond-the-buzzword The recent collection total from one month mileendhome.com.au to managing assets more efficiently, and from high school Lyndhurst Secondary College unpacking the customer journey to delivering alone saw a donation of some $1500 to a brought art to life throughout the centre. return on investment very worthy cause that is dedicated to caring Students were invited to design an image for stakeholders. for children with life limiting conditions.
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