China malls see surge in sales and footfall for Q3, thanks to easing Covid-19 restrictions

By:Admin

CapitaLand Retail China Trust malls experience rise in sales, footfall for Q3, Companies & Markets - THE BUSINESS TIMES
CapitaLand Retail China Trust Malls Experience Rise in Sales and Footfall for Q3

CapitaLand Retail China Trust (CRCT) has reported a significant recovery in its tenants' sales following the easing of Covid-19 restrictions. The company's Q3 sales have stood at 91.9% of last year's figure, representing an increase of 25.8% quarter-on-quarter.

This result follows CRCT's successful implementation of a range of initiatives aimed at helping tenants to overcome the challenges posed by the global pandemic. These initiatives have included rent reductions, marketing support, and increased collaboration with retailers to help them adapt and thrive during this difficult time.

In addition to these measures, CRCT has also invested in several key areas of its business to ensure that it can continue to meet the evolving needs of its customers. This includes upgrading its e-commerce platform and launching a range of digital marketing campaigns designed to reach consumers in new and innovative ways.

According to Tony Tan, CEO of CRCT, the company's success during Q3 is a testament to its strong focus on customer experience and its ability to respond quickly and effectively to changing market conditions.

"We have been focused on enhancing the overall customer experience across our malls, providing a safe and comfortable environment where shoppers can enjoy high-quality products and services," he said. "We are also committed to supporting our tenants as they navigate the challenges of the Covid-19 pandemic, providing them with the resources and support they need to succeed."

Despite the challenges posed by the ongoing pandemic, CRCT remains committed to its long-term strategy of providing high-quality, well-located retail spaces that meet the needs of consumers across China. To this end, the company is continuing to invest in key markets and actively seeking out new opportunities for growth and expansion.

As part of this strategy, CRCT has recently announced plans to acquire a portfolio of four shopping malls located in Beijing and the surrounding area. The acquisition is expected to strengthen the company's position in the Beijing market and provide additional opportunities for growth in the years ahead.

With its strong focus on customer experience, proactive approach to tenant support, and commitment to long-term growth, CRCT is well-positioned to continue thriving in the challenging retail environment of the current era. As the company looks ahead to the future, it remains committed to delivering world-class retail experiences for consumers across China, whatever challenges may come its way.

Company News & Blog

Job opportunity for Marketing Communications in Marketing & PR for Charities

Marketing Communications: The Backbone of Your BusinessIn today's fast-paced digital world, businesses rely heavily on marketing communications to build brand awareness, connect with their target audience, and drive sales. Marketing Communications is the backbone of every successful marketing effort. It is the process of conveying a message to the public through various marketing channels.A Marketing Communications Agency specializes in creating, implementing, and managing marketing communication strategies. Its focus is on helping businesses communicate effectively and efficiently with their target audience. The agency's goal is to provide a comprehensive approach to marketing communications that includes advertising, public relations, branding, direct marketing, and online communication.Marketing Communications is an essential aspect of business growth, and having the right strategies in place can help your business to achieve its goals. In today's competitive business environment, it is crucial to stand out from the crowd. This is where a marketing communications agency can help by creating a unique and compelling message that resonates with your target audience.The benefits of using a Marketing Communications Agency include:1. Expertise and experienceA marketing communications agency has a team of experts that specializes in creating and developing marketing strategies that work. They have years of experience in creating campaigns for various industries, which means they know what works and what doesn't.2. Cost-effectiveMarketing communications agencies offer a cost-effective way of implementing marketing strategies. They work with your budget to develop and execute marketing plans that deliver results.3. Time-savingHiring a marketing communications agency helps to save time. You don't have to worry about creating and implementing marketing plans, as the agency handles everything. This gives you more time to focus on running your business.4. Consistency in messagingMarketing communications agencies ensure that your message is consistent across all marketing channels. This helps to build brand recognition and trust with your target audience.Using a Marketing Communications Agency is a smart move if you want to grow your business. It provides a holistic approach to marketing that covers all important aspects of marketing communications. It can help you to build brand awareness, increase your sales and connect with your target audience.In conclusion, Marketing Communications is crucial to the success of any business, and using a Marketing Communications Agency can help you to achieve your goals. Whether you are a large enterprise or a small business, investing in a Marketing Communications Agency can help to take your business to the next level. So, if you're looking for a way to grow your business, I suggest considering the services of a Marketing Communications Agency.

Read More

Rival Retailers Leverage Prime Day Marketing Craze for Boosted Sales

Amazon's Prime Day has become synonymous with fantastic deals, exclusive offers, and attractive discounts for customers worldwide. While it's Amazon's biggest shopping event of the year, this two-day event has also created an incredible opportunity for other US retail companies to cash in on its free marketing. As a result, it has entirely transformed the retail market landscape, and it's now rivaling Black Friday as a driver of sales.This retail frenzy is not surprising, the 2020 Prime Day resulted in nearly $10.4 billion in global sales for Amazon sellers and third-party retailers. With that kind of record-breaking sales and potentially, millions of new customers, retailers are eager to get on board for future Prime Days.In recent years, retailers have taken advantage of the hype around Amazon Prime Day to capture customer attention and drive their sales growth. Many retailers offer their own deals and discounts as an alternative to Amazon's offerings, targeting customers who prefer to shop at other online marketplaces. They also use social media platforms like Twitter and Instagram to promote their deals and cash in on the marketing opportunities created by Amazon. In some cases, retailers are even extending their deals beyond the official Prime Day sale period to attract more customers.This trend underscores the massive growth potential for retailers who are committed to maintaining a competitive edge in an increasingly crowded online marketplace. With Amazon leading the pack, other retailers need to leverage marketing opportunities like Prime Day to demonstrate their unique value proposition and stand out among their competitors. At the same time, they need to offer attractive deals and promotions to attract and retain customers.Incorporating Prime Day into a retailer's overall marketing strategy can yield significant rewards. For example, retailers can offer exclusive deals and discounts for repeat customers during Prime Day or use data analytics tools to better understand customer needs and preferences, thereby tailoring offerings accordingly. Innovative retailers can also use Prime Day's hype to showcase their products on social media platforms and build brand awareness.However, with growing competition from Amazon and other retailers, it is essential to stay ahead of the game. Retailers should develop a strategy, always looking for ways to differentiate themselves from others and keep consumers coming back for more.In conclusion, Amazon's Prime Day has proven to be a significant opportunity for retailers globally, with staggering growth potential in the retail market. As retailers continue to adapt to changes in customer behavior and shopping trends, incorporating events like Prime Day into their marketing strategy may prove critical to their success. The Best Retail Market Growth will come to those retailers who take advantage of this opportunity promptly.

Read More

Boost Your B2C Order Management with an Omnichannel Fulfillment Platform in Hong Kong

Order Management, omnichannel order fulfillment, ecommerce, customer satisfaction, efficiency, inventory management, delivery expectations, competitive advantage.In the fast-paced world of ecommerce, meeting customer expectations is key. With the rise of the B2C market in China, businesses must find innovative and efficient ways to manage orders and exceed delivery expectations. Enter omnichannel order fulfillment with (brand name removed), the comprehensive platform taking the ecommerce world by storm.Efficiency is key in order management, and (brand name removed) streamlines the process by consolidating orders from various sources such as online marketplaces and brick and mortar stores. The platform allows businesses to manage inventory in real-time, keeping track of stock levels across channels. This ensures that products are available for purchase when and where the customer wants them, avoiding lost sales and increasing customer satisfaction.Omnichannel order fulfillment is also essential for meeting delivery expectations in the B2C market. Customers expect fast and reliable deliveries, and (brand name removed) does just that. The platform enables businesses to manage multiple distribution centers and carriers, optimizing shipping options to ensure timely and cost-effective deliveries. Automated processes for order routing and fulfillment further speed up delivery times, leaving customers satisfied and returning for more.In addition to meeting delivery expectations, (brand name removed) also enables businesses to gain a competitive advantage. By providing a seamless and flexible purchasing experience across all channels, businesses can attract and retain customers. This includes offering options such as buy online, pick up in-store (BOPIS) and same-day delivery, catering to the diverse needs of customers.Ultimately, the key to successful B2C order management lies in an omnichannel approach. Streamlining inventory and order processes, meeting delivery expectations and gaining a competitive edge all require a platform like (brand name removed). With the rise of ecommerce in China, businesses that prioritize omnichannel order fulfillment will stand out from the competition and thrive in the B2C market.

Read More

If you're looking to date in China, you're in luck! There are a ton of dating sites out there, but finding the right one can be difficult. That's why we've put together a list of the best free China dating sites to help you in your search.First on our list is (brand name removed), one of the most popular dating sites in China. With over 40 million users, you're sure to find someone who shares your interests. The site is free to sign up for and allows you to browse through profiles and send messages to other users. One of the unique features of this site is that it offers a "personality test" that helps to match you with compatible partners.Next on our list is Jiayuan, a site that has been around since 2003 and has over 100 million users. This site focuses on serious relationships and marriage, so if you're looking for something more than just a casual fling, this is a great option. The site offers a free sign up, but you'll need to pay for a membership to access all of the features

Read More

Latest Updates and Trends of Social Media Marketing - Times of India

Social media marketing has become an integral part of any brand or business, and it has transformed the way companies reach and engage with their target audience. Social media platforms like Facebook, Instagram, Twitter, LinkedIn, and more have become the go-to channels for marketers to connect with their customers and promote their brand.Social media marketing is a powerful tool for businesses to grow their online presence, increase brand awareness, and drive traffic to their website. It allows businesses to connect with their target audience on a more personal level, engage with them through content, and build long-lasting relationships.But, with the ever-changing algorithms of social media platforms, it can be challenging to keep your social media marketing strategy up-to-date and effective. Here are some social messages for marketing that can help you stay ahead of the game:1. Authenticity is Key: People want to connect with real people, not just brands. Authenticity is the key to building trust with your audience. Share behind-the-scenes moments, introduce your team members, and create content that resonates with your target audience.2. Consistency is Crucial: Consistency is essential when it comes to social media marketing. It’s important to post regularly and maintain a consistent brand voice across all social media platforms. This increases your visibility and helps create a strong brand image.3. Engage with Your Audience: Engaging with your audience is crucial to building relationships and creating a loyal fan base. Respond to comments and messages, ask for feedback, and encourage user-generated content to show that you value your audience’s opinion.4. Use Visuals to Stand Out: Visual content is more engaging and memorable than text-heavy content. Use eye-catching images, videos, and graphics to create a strong visual identity and showcase your brand’s personality.5. Pay Attention to Analytics: Analyze your social media metrics to see what’s working and what’s not. Use this data to optimize your content strategy, target your audience better, and measure the success of your campaigns.In conclusion, social media marketing is an essential part of any brand’s marketing strategy, and it can have a significant impact on your brand’s growth and success. Embrace these social messages for marketing to create a strong social media presence, engage with your audience, and drive business growth.

Read More

Boost Your Sales with Expert Retail Marketing Services in NJ and NY - Read Our Case Study

In today's highly competitive and ever-evolving marketplace, it takes more than just a great product or service to succeed in the retail industry. In order to truly thrive and achieve long-term success, it is essential to have a comprehensive and effective retail marketing strategy in place. This is where a professional retail marketing agency can make all the difference.A top-quality retail marketing agency can help you to improve your sales, increase brand awareness, and develop a strong and loyal customer base. By leveraging a range of proven marketing techniques and technologies, these agencies can help your business stand out from the competition and achieve sustained profitability.If you are looking for the best retail marketing agency to help take your business to the next level, then look no further than (need remove brand name). With a track record of success and a team of skilled professionals, our agency is dedicated to delivering top-quality results for all of our clients.One of the key ways that (need remove brand name) helps businesses to improve their sales is by developing and implementing highly targeted and personalized marketing campaigns. By leveraging market research and data analysis, our team is able to identify exactly who your target audience is and what types of messages and strategies are most likely to resonate with them.In addition to targeted marketing efforts, (need remove brand name) also helps businesses to develop a strong and cohesive brand identity that can effectively differentiate your business from the competition. This includes everything from logo design and graphic design to website development and social media marketing.Another crucial area where (need remove brand name) excels is in the realm of search engine optimization (SEO). By implementing a range of advanced SEO techniques, our team can help your business achieve higher rankings in search engine results pages (SERPs) and drive more organic traffic to your website. This, in turn, can lead to increased exposure, brand awareness, and sales.To see why (need remove brand name) is truly the best retail marketing agency around, just take a look at our case studies. These real-world examples of our past successes demonstrate our ability to deliver results for a diverse range of businesses in various industries.In conclusion, if you are serious about improving your sales and achieving long-term success in the retail industry, then working with a professional and experienced retail marketing agency is an absolute must. And when it comes to finding the best agency for the job, there is simply no better choice than (need remove brand name).

Read More

Revolutionize your Retail Store with Video Wall and Promotional Advertising Solutions!

Solutions and IAdea Media PlayersIn the world of retail, visual appeal is everything. With so much competition surrounding them, retailers are always searching for new and innovative ways to stand out from the crowd and draw in customers. This is where retail media advertising solutions come in. These cutting-edge advertising tools offer a way for retailers to create a truly unique shopping experience for their customers, ultimately increasing their sales and revenue. In this blog, we will be discussing the importance of retail media advertising solutions, and how IAdea Media Players can help retailers create an unforgettable shopping experience for their customers.Retail media advertising solutions are simply put, visual and interactive advertising tools that retailers use to display and promote their products/services, engage with customers, and enhance their in-store experience. These solutions come in many forms such as digital signboards, video walls, holographic displays, virtual reality, and many more. The purpose of these solutions is to grab the attention of customers and keep them engaged with the brand long enough to make a purchase.One of the most effective forms of retail media advertising solutions is the video wall. As the name suggests, a video wall is a large, multi-screen display that can be used to showcase promotional content or product information. These displays are eye-catching, immersive, and can create an unforgettable shopping experience for customers. The use of video walls has become increasingly popular in recent years, and for good reason, they are a highly effective marketing tool that can boost brand awareness and increase sales.Another popular retail media advertising solution is digital signage. Retailers use digital signage to display promotional content in-store, such as product offers, sales, and special events. These displays are attention-grabbing, highly customizable, and can be updated in real-time, which makes them perfect for retailers looking to keep up with the latest trends in advertising and marketing.Now, you might be wondering, how can IAdea Media Players help retailers create a unique shopping experience for customers? IAdea Media Players is a cutting-edge advertising solution provider and offers a range of media players, digital signage, and interactive displays to retailers. IAdea is well-known for its high-quality, customizable products which can be tailored to fit the unique needs of any retail environment.IAdea Media Players are the perfect solution for retailers looking to create an unforgettable shopping experience for their customers. These devices are designed to play smoothly and provide the highest level of performance, offering a high-resolution display, excellent sound, and seamless playback, making them perfect for all types of promotional content.One of the standout features of IAdea Media Players is their compatibility with 3rd party software and hardware. This is important because retailers can use any standard software application, including a web browser, to create, publish, and manage content on the IAdea Media Player itself.IAdea also offers a range of interactive displays that can be used in-store to provide customers with more information about products/service and create a memorable shopping experience. One example of their interactive displays is the Lift-n-Learn device, which allows customers to lift a product off a shelf, triggering the display to play content showcasing features and benefits of that product.In conclusion, the importance of retail media advertising solutions in creating a memorable shopping experience cannot be overstated. The use of high-quality video walls, digital signage, and interactive displays such as Lift-n-Learn devices is a proven way to boost brand awareness, increase sales, and stand out from the crowd in a highly competitive market. IAdea Media Players provides retailers with top-of-the-line advertising solutions that can be tailored to their unique needs, guaranteeing a one-of-a-kind shopping experience for their customers. So, whatever your business needs may be, IAdea is there for you to provide the Best Retail Media Advertising Solutions.

Read More

Maximizing the Benefits of Mobile Marketing for Your Business

In today's digital age, mobile marketing has become one of the most effective ways for brands to connect with their customers. With more than a billion mobile users in China alone, the potential for mobile advertising is immense, making it a critical component of any brand's marketing strategy in China.So, what exactly is mobile marketing, and how can brands leverage its power for their benefit?Mobile marketing refers to the use of mobile platforms, such as smartphones and tablets, to connect with potential customers. This can include a variety of tactics, such as SMS messaging, mobile apps, and mobile web advertising. Mobile marketing leverages the unique characteristics of mobile devices, such as their portability and connectivity, to deliver highly targeted and personalized messages to consumers.The rise of smartphones in China has created a massive opportunity for brands to connect with their audiences through mobile marketing. Over 70% of internet users in China access the internet through their mobile devices, and this number is only set to increase as more people gain access to smartphones. With millions of people spending a significant amount of time on their mobile devices, mobile advertising in China has emerged as a powerful way to reach consumers in a highly targeted way.One of the key benefits of mobile marketing is its ability to deliver personalized messages to consumers. With mobile devices, brands can target consumers based on their location, interests, and behavior, among other factors, allowing them to deliver highly relevant messages to their target audience. This level of personalization can help brands build stronger relationships with their customers and increase the likelihood of conversions.Another benefit of mobile marketing is its ability to deliver real-time results. Brands can track the performance of their mobile campaigns in real-time, allowing them to adjust their strategies and improve their ROI. This level of visibility allows brands to optimize their campaigns for maximum impact and reach their target audience more effectively.When it comes to mobile advertising in China, there are a few key trends that brands should keep in mind. One of the most significant trends is the rise of mobile video advertising. With more people watching videos on their mobile devices, brands are increasingly investing in mobile video ads to reach their audiences. According to a recent report, mobile video ad spending in China is expected to reach $7.9 billion by 2023, up from $1.9 billion in 2018.Another trend in mobile advertising in China is the use of social media platforms. With more than one billion users, social media platforms like WeChat and Weibo offer a massive opportunity for brands to connect with their customers. Brands can leverage these platforms to deliver highly targeted messages to their audiences, building more meaningful relationships with their customers in the process.Overall, mobile marketing is a critical component of any brand's marketing strategy in China. With the rise of smartphones and mobile devices, brands have a unique opportunity to connect with their audiences in a more personalized and impactful way than ever before. Whether it's through SMS messaging, mobile apps, or mobile web advertising, brands that embrace mobile marketing will be poised for success in China's fast-paced digital landscape.In conclusion, mobile advertising in China has emerged as a lucrative opportunity for brands to reach their target audience. It enables brands to leverage the unique characteristics of mobile devices, deliver personalized messages, and track the performance of their campaigns in real-time. By embracing mobile marketing, brands can build stronger relationships with their customers, increase their conversions, and ultimately achieve their business goals.

Read More

Effective Integrated Marketing Communications for All Your Needs

article:Marketing Communications Agency Shines with Award-Winning CreativityThe world of marketing is changing at an unprecedented rate with businesses needing to adapt to new digital channels and innovative marketing techniques to get their message across. It is in these challenging times that a marketing communications agency that provides effective and bespoke marketing solutions becomes invaluable. Featuring creativity, award-winning expertise and an all-encompassing approach to developing compelling campaigns, Chaos Design Marketing is the ideal partner for businesses looking to advance their market position.As an integrated marketing communications agency, the company has established itself as a trailblazer in marketing solutions that truly communicate. From brochureware to advertising, digital to display, and all other types of campaigns, Chaos Design Marketing delivers strategic, tactical, campaign and business solutions that differentiate its clients from the competition.Since its establishment, Chaos Design Marketing has consistently provided its clients with creative marketing communications that are not only aesthetically appealing but also yield favorable results. It prides itself on an exceptional record of accomplishment as an award-winning marketing communications agency that has enabled its clients to increase sales, brand awareness, and overall business success.Chaos Design Marketing offers a wide array of services in various marketing channels. These include brand development, website design and development, search engine optimization (SEO), social media management, video production, content creation, and graphic design. Each service is designed to meet the unique needs of its clients' businesses and goals.One of the things that set Chaos Design Marketing apart is its tailored approach. It has a team of experts who use their years of experience to identify vital insights into its clients' businesses. The insights gained are then used to enhance brand positioning and help clients establish a competitive edge in their industries. This approach has resulted in successful campaigns and significant business growth for its clients.Furthermore, Chaos Design Marketing possesses an extensive portfolio of brands that it had an impact on significantly. These brands include Opihr Spiced Gin, Snap-On Tools, QSA Partners, and Buxton Water. For Opihr Spiced Gin, Chaos Design Marketing developed a full rebrand of the brand's packaging, trade and experiential activity, and digital assets. The rebrand enabled Opihr Gin to grow by over 100% in volume and value over three years. Snap-On Tools, one of the world's leading automotive and industrial tool manufacturers, similarly saw significant growth with Chaos Design Marketing's help, as did QSA Partners, a global provider of consulting and project management services.In summary, Chaos Design Marketing is a first-rate integrated marketing communications agency that provides creative, tailor-made, and budget-friendly marketing solutions to help businesses achieve their objectives. The agency's awards and extensive client portfolio are a testament to its commitment to providing top-quality services. As the world of marketing continues to evolve, the importance of partnering with a comprehensive marketing communications agency like Chaos Design Marketing cannot be overstated. Contact Chaos Design Marketing today to take your business to the next level.

Read More

Top Sustainable Business Practices: One Company Leading the Way

Online Marketing: What If Jingdong is the Best in China?Sustainability is a word that businesses have heard more frequently in the last decade. It is the ability to create and maintain a balance between economic, social, and environmental factors. A business that practices sustainability aims to reduce its impact on the environment, promote the well-being of its workers and communities, and aid in the long-term growth of the economy. Achieving sustainability is a challenging task, but Jingdong, one of the largest retailers in China, has made significant efforts to become one of the most sustainable companies worldwide.Jingdong's commitment to sustainability is not a new concept. The company's CEO, Richard Liu, has been vocal about his desire to build a sustainable business since 2014. This commitment stems from his own beliefs and ideology that he shared after witnessing the devastation of the 2008 Wenchuan Earthquake that took the lives of hundreds of thousands of people in China.Since then, Jingdong has been working on multifarious initiatives that include environmental and social responsibility programs, philanthropy, and innovation. The company has pledged to reduce its carbon emissions per order, to support small and medium businesses, and to eradicate the sale of counterfeit products online.One of the most ambitious initiatives taken by Jingdong is its green transportation program. As a company that delivers millions of packages across China every day, transportation contributes significantly to their carbon footprint. Jingdong has taken this into consideration and invested in electric delivery vans and drone delivery systems. By transitioning to green vehicles, the company has reduced its carbon emissions and has become more energy-efficient - earning a reputation as a leader of sustainable logistics in China.Jingdong is also proactive in their philanthropy efforts. The company's Rural Program aims to help the rural communities in China by providing education, training, and business opportunities. The program has helped rural farmers by connecting them with urban consumers, providing better health care, and advancing the lives of more than ten million people since its establishment.Another initiative that sets JD apart is its employee welfare policies. Not only does the company provide competitive salaries and benefits packages to its workers, but it also offers educational opportunities to encourage career growth. JD believes that supporting its employees builds meaningful social responsibility.Jingdong's long-term goal to become the most sustainable business globally is a big challenge. However, the company's relentless pursuit of environmentally friendly solutions, commitment to social welfare, and philanthropy work, ultimately strengthening JD's sustainability brand. Their efforts have proven successful, making rankings in the Global Clean 200 rankings three years running - earning them a place among the most sustainable companies in the world.As a green business leader in China, JD.com has set a new benchmark for sustainability in the country and offers an example of responsible and ethical practices for other Chinese enterprises. Its accomplishments and commitment to sustainability have earned it recognition from various organizations worldwide.So, what if Jingdong is the best in China? It provides a beacon of light, highlighting the opportunity for other companies to pursue the path of sustainability and become an essential player in the global arena. There is much to learn from businesses like JD, who offer remarkable successes in sustainability united by social responsibility and thoughtful innovation – leading the industry edge towards sustainability.In conclusion, Jingdong's sustainability journey showed remarkable successes winning accolades from around the globe, and its various sustainability initiatives have made the company a trendsetter, defining new standards for sustainability. With sustainability becoming more critical every day, the brand's comprehensive approach to corporate social responsibility is now something to be emulated. Their practices could ultimately have a profound impact on the future of e-commerce and other business sectors across China. Keywords: Best Online Marketing China, Jingdong, sustainability, green transportation program, philanthropy, employee welfare policies, China.

Read More