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Aarihant Aaryan

Prev- Founder & CEO ...ย โ€ขย 1y

Shopping malls are failing in India, infact today the success rate of malls has gone below 27% I can bet you don't even know what the reason is See shopping malls make money by renting an outlet or charging a % of commission on total sales by an outlet They only make money, when the mall is well designed to distribute the traffic equally to all outlets and bring a lot of traffic into the malls Hence they bring music concerts, movie theaters, gaming and eateries to attract traffic to the mall but because of the digital revolution, How we buy, where we buy and what we buy have fundamentally changed Today the definition of a shopping mall has changed, apps on our phones are shopping malls, and we can buy through them, get entertained, order food As apps got better engagement, shopping malls lost their revenue to them.

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The biggest mall in India is Lulu Mall in Thiruvananthapuram, Kerala, with a total area of 2.5 million square feet. It's a massive shopping destination offering a wide range of national and international brands.

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Hey I'm working on my startup, helps international brands and upcoming brands get affordable space in high traffic malls in the Capital of India, with free content and organic reach, looking for seed funding

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Malls currently represent about 12% of the total retail market in India.

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What could be added to Amazon, Flipkart or other similar marketplaces to strengthen any of the following: 1. Trust 2. Traffic 3. OR Better Shopping experience (be as much creative as you can*)

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I doubt that for most of the malls if you want to have a store of yours in them. they literally ask for lakhs of rupees. Then how these croma and more mostly people don't even buy in malls and also not visited by most of the people. I understand

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