Product details

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Abstract

IDL Innovation Hong Kong Co Ltd (IDL) was a well-known interior design company specializing in commercial retail centres. The design company's goal was to help its partners create more value by presenting effective interior design. However, with the rise of e-commerce, the financial performance of the conventional retail industry had dropped significantly. To help the industry regain customers, the design company developed a new business framework that combined online components with traditional consumer social spaces, based on the common interests, wants, and needs of consumers. In September 2018, the design company transformed a shopping centre in Shijiazhuang, Hebei Province, China, that had been losing sales for some time. The shopping mall soon saw a substantial and consistent increase in foot traffic, sales, and revenue. The project was a great success for both the mall and IDL, but could this concept be also effective when applied to other projects?

Teaching and learning

This item is suitable for postgraduate courses.
Location:
Industry:
Size:
Medium
Other setting(s):
2018

About

Abstract

IDL Innovation Hong Kong Co Ltd (IDL) was a well-known interior design company specializing in commercial retail centres. The design company's goal was to help its partners create more value by presenting effective interior design. However, with the rise of e-commerce, the financial performance of the conventional retail industry had dropped significantly. To help the industry regain customers, the design company developed a new business framework that combined online components with traditional consumer social spaces, based on the common interests, wants, and needs of consumers. In September 2018, the design company transformed a shopping centre in Shijiazhuang, Hebei Province, China, that had been losing sales for some time. The shopping mall soon saw a substantial and consistent increase in foot traffic, sales, and revenue. The project was a great success for both the mall and IDL, but could this concept be also effective when applied to other projects?

Teaching and learning

This item is suitable for postgraduate courses.

Settings

Location:
Industry:
Size:
Medium
Other setting(s):
2018

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