Correlates of Consumer Patronage of Shopping Mall in Metropolitan Lagos
Abstract:
The
research is aimed at investigating the pattern and extent of relationship among
factors that stimulate consumer patronage of shopping malls in metropolitan Lagos.
The Study utilizes survey method with questionnaire and interview as the two instruments
used in data collection. Analysis is done largely using descriptive statistics.
Also a four point Likert scale is used to measure the variables which form the basis
for the use of regression model as the sole tool used in hypothesis testing. Based
on the survey of urban shoppers, the study analyses the cognitive attributes of
the shoppers towards attractiveness of shopping malls and intensity of the shoppers.
The results of the study revealed that ambience of shopping malls, assortment of
stores; sales promotions and comparative economic gains in the malls attract higher
customer traffic to the malls. The analysis also revealed that class difference
of consumers play an important role in choosing shopping malls. In other words,
the research reveals a significant relationship between shopping malls sales growth
and middle and upper class patronage. The study recommends that Mall Managers should
therefore develop appropriate tenancy policies for retaining firms in reference
to the socio-demographic factors of customers to satisfy different segments. An
appropriate mix of anchor tenants who have different target groups would better
attract customers to shopping malls and such assortment of stores could co-exist
in a shopping mall successfully without conflict of interest. Shopping mall managers
should focus attention on providing information about retailer’s offers beforehand
for the customers to make their purchase decision prior to mall visit. There is
the need for shopping mall managements to increase social and recreational facilities
which acts as driving factors in augmenting the customer’s traffic to the shopping
malls. Also, there is the need for government to monitor the sitting of shopping
malls in order to ensure adequate space and avoid congestion which is the major
feature of traditional markets.
Keywords:
Correlate, Consumer, Patronage, Shopping, Mall, Product.
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