increase your venue's profitability
MAXIMISE THE RETURN ON YOUR REAL ESTATE INVESTMENTS
data driven decision makingAs a shopping centre owner, thorough knowledge of your customers and their shopper behaviour enables you to increase your venue’s profitability. We provide the foundation for data-driven operational and strategic decision making. By measuring customer activity in your shopping centre, you can effectively monitor occupancy levels, maximise shopper engagement and even predict expected footfall. PFM analysts are committed to making data transparent, understandable and immediately applicable. Property owners receive monthly impressions from the crowds in their shopping centre. We currently count in 11 (out of 20) leading shopping centres in the UK.
get insights in
- Which store are (or are not) driving traffic
- What is the impact of new stores
- What is the effect of an event
- How to identify hot spots and barriers to movement
- What percentage are returning customers
- How many people pass by certain stores compared to people entering
- How shoppers navigate through your shopping centre
USE DATA TO improve YOUR BUSINESS
PFM event monitorBesides day-to-day information on your retail property’s performance, seasonal promotions and events are an effective way to increase footfall in a specific timeframe. But what is the effect on turnover? Or better yet, what is the ROI? Our analysts have profound understanding of marketing activities and the investments involved. In order to measure the success of a specific event, we have developed the PFM Event Monitor, a tool based on the clever usage of footfall data. This tool provides a clear overview of what the expected footfall should be on the day of your event. The actual footfall numbers in relation to the predicted footfall is the basis for the ROI calculation. If we know the average spending of the customers in a specific shopping centre, we can calculate the turnover caused by the event. Also we are able to include data on media value, such as Facebook likes, shares & reactions and clicks on the shopping centre website, so we can tell you exactly what the media value is of a specific event. With the introduction of the PFM Event Monitor we have managed to turn data into value in pounds/euro’s. We can provide a clear overview on costs, turnover of footfall and media value of your event. Spend your marketing budget wisely, get in touch with Ian Muir, Ian.Muir@pfm-intelligence.com. Read the full article on the PFM Event Monitor here.
Case #1 M&G INVESTMENTS
At PFM our main source of new business is word of mouth recommendation and this was the case with our relationship with M&G. Initially we entered a tender process in order that they were able to fully evaluate who and what was available in the market.
Case #2 INTU
PFM Footfall Intelligence was approached by Intu in 2016 to provide a more reliable solution for their extensive portfolio of shopping centres. Interestingly they had a number of different suppliers at the time but were not really happy with any of them.
Case #3 KINGS CROSS
PFM have been awarded a contract to supply a site-wide footfall system to cover the full 64 acre site gradually over the 5-year build schedule. The site will be divided into distinct Neighbour-hoods and we will deliver footfall data for each of these as well as an overall site total.