Situation
Up to a point, it pays to advertise….unless, like Honey Creek
Mall, you have the reach to attract nearly three-fourths of the people
in your market area at least once a month. At that point it’s
time to think about exploring new channels of communication that can
increase the frequency
of visits and the amount of sales.
A market
survey by Honey Creek Mall confirmed with emphasis what the mall’s
managers already knew: that Honey Creek Mall is a powerful retail
draw for the nine counties of the Wabash Valley (west central
Indiana and east central Illinois). Mall manager Kim Ingalsbe said
of the results, “We were astounded to find out that 97% of
the population had visited the mall at one time or another.” The
mall’s research showed that customers want their regional
mall to be more than just a shopping center. They expect an entertaining
experience and family oriented activities. They are Internet-savvy
and will read eMessages from the mall.
Problem
“People know where the mall is, they know our stores, and much
of the time they make us their first choice for retail,” general
manager Kim Ingalsbe said. “But we needed help to think
outside the ‘marketing
box,’ and achieve the business goals of the mall’s
management company.” These goals were to move aggressively
to grow sales and maintain market dominance, to create a new image/brand,
to increase
sales per square foot and sales in the food court, and to build
additional sources of revenue.
Solution
To help, mall management brought in its marketing firm, MillerWhite
LLC, as a strategic partner. MillerWhite proposed a detailed
data analysis and integrated marketing plan. Bill White,
a partner
in the firm, said, “After we defined the mall’s business goals
and analyzed the research, we put together an initial two-year marketing
plan that proposed marketing goals, objectives, strategies and tactics
that were new to the mall.”
• Creating a new image/brand
Through an exercise called "Unlocking the Power of Your
Pledge®," MillerWhite
helped the mall develop a pledge that in turn led to the creation
of a new tagline, jingle and creative direction. Analyzing
responses to questions about the company’s benefits, customers
and competition, the pledge that emerged was, “Honey Creek
Mall pledges to make each shopper’s visit an experience
that is entertaining, family oriented and one-of-a-kind,” and
the tagline that was created was “It’s All About
You.” That new brand/image became
a part of all of the mall’s marketing.
• Increasing sales per square foot
This objective targeted the mall’s frequent shoppers,
its not-so-frequent shoppers (which included people over 50
and those under 25) and potential
tenants as well. MillerWhite focused on the mall’s
web site as the message outlet for many of its strategies
to support getting
more people to visit the mall, getting current customers
to visit more often and getting them to increase the amount
of their purchases.
A web site audit and resulting re-vamp added maps and bus
routes for older customers and students, as well as a popular
job listings page.
An on-line MeClub and an eNewsletter for
frequent shoppers
featured store specials to encourage them to come in more
often and spend
more. Periodic eMails to MeClub members offered an incentive
for every new
member they got to register. All marketing efforts, even
traditional advertising messages, were designed to drive
traffic to the
web site.
• Increasing food court sales
The mall established a community room and offered more activities,
centered in the food court, through the mall’s kids club for
the younger and family audience. It made the community room available
for special activities of civic groups, schools, the mall itself and
mall partners, and started a Lunch & Learn series that encouraged
customers to grab lunch at the food court and attend a craft lesson
or other seminar.
• Building additional revenue
In light of the mall’s popularity, MillerWhite developed
several 12-ft. by 4-ft., free-standing, eye-level indoor billboards
that would
be attractive as an advertising medium for businesses
outside the mall because of the large number of people who come
to the mall to
shop. Businesses buying space on the billboards became
preferred partners with the mall and had the benefit of using
the community room free
of charge.
Result
Implementation of the marketing plan has definitely
paid off, White said. “In the plan’s first
year, our goal was to increase sales-per-square-foot
by 2%. We beat that with an actual increase
in sales-per-square-foot of 5%.” This was at
a time when retail nationally was suffering its weakest
holiday shopping season since
1970.
Honey Creek Mall hasn’t abandoned traditional
advertising. Special events, the kids club and the
web site get airtime on local radio
and TV. But with sales continuing to do well and the
eDatabase growing, the fact that mall management and
MillerWhite can control, through
the Internet, when and what messages are being sent
to drive traffic, was seen as an invaluable asset.
“This is an ongoing process,” White
said. “You implement
and then evaluate specific integration tactics,
then begin to develop the next
two-year plan.”
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