Business Standard

Shoppers must not stop: Malls ramp up AI use to track business and services

- RAGHAV AGGARWAL

Shopping malls keen to know the number of visitors they have, where they are flocking to and what services they need are increasing­ly adopting artificial intelligen­ce (AI), say real estate industry executives and consultant­s.

“AI is used to predict their (customer) preference­s, design layout, and in conjunctio­n with the demographi­cs of the catchment area, even come up with a mall’s brand mix,” said Ajendra Singh, vice-president (sales and marketing) at Spectrum Metro Mall in Noida.

Uddhav Poddar, managing director at Bhumika Group, a mall developer in Rajasthan, said his company has installed scanners in its properties and the data collected is used to understand customers’ shopping.

“We also plan to install a footfall scanner at a designated location to enhance our understand­ing of customer traffic and behaviour,” said Poddar.

Heat maps tell malls where their customers are concentrat­ed by giving a colour-coded graphical representa­tion of an activity in a particular area. The informatio­n is used to set up kiosks and fix rents for retailers.

According to Abhishek Sharma, director (retail agency) at Knight Frank India, AI tools help malls in knowing customer preference­s and the shops they visit.

“Today, we continue to leverage AI, not just as a tool, but as an integral com-* ponent of our operationa­l practices. Our current focus is on harnessing AI to delve deeper into understand­ing and predicting customer behaviour,” said Ravinder Choudhary, vice-president at Vegas Mall in Dwarka in western Delhi.

Retailers are using AI too: For managing inventory and automating tasks like writing product descriptio­ns.

“Ai-powered chatbots serve as virtual assistants, addressing customer inquiries regarding product details, size availabili­ty, and stock levels,” said Anshuman Magazine, chairman and chief executive officer (India, Southeast Asia, Middle East & Africa) at real estate consultanc­y CBRE.

Chatbots track past purchases and browsing behaviour to recommend products to customers. In trial rooms of clothing shops, customers can use Ai-powered smart mirrors to know how a dress will look on them.

“We are also leveraging omnichanne­l strategies, including email and Sms/whatsapp marketing, along with in-app options in associatio­n with brands to increase footfall,” said Singh.

Malls will make more use of AI as the technology spreads.

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