Content Writing Portfolio: Etaily
Joseph Bernard Dofitas
As people increasingly shop from the safety and comfort of their own home, brick-and-mortar malls realize it is crucial to have an e-commerce platform that allows them to sell the inventory in their stores. This reality is only amplified in instances of quarantines and shutdowns.
In the US alone, 25% of malls are projected to close within the next five years
Even in the Philippines, malls have suffered. Retail vacancy is expected to hit 17% in 2022
The popularity of e-commerce means even luxury shopping centers are going online. For example, Miami-based Bal Harbour Shops (often cited as the fanciest mall in America) now has its own e-commerce site popular Filipino malls have begun offering a way to order items from physical stores
In order to remain relevant, many physical malls have decided to open up online marketplaces of their own. E-commerce enablers play a big part in the transition.
Competition in the marketplace.
Yet going online is not a silver bullet solution for malls. Jumping into e-commerce has made many acutely aware of the competition it faces from dedicated e-commerce marketplaces, independent brands selling online, and social media marketplaces.
Going online also comes with its own set of challenges: rising concerns over retailers’ loss of control over consumer data, the pressure to deliver bulletproof real-time inventory accuracy, and the fact that only a part of the total assortment is available online.
The onus is on to mall owners to come up with a way to not only offer the exact same convenience and services offered by popular online marketplaces but for there also be a way for malls to stand out to online shoppers.
The mall, reimagined.
Some mall developers have turned to e-commerce enablers
Etaily helped Ayala Malls by offering its assistance in both fulfillment and inventory checking. With Etaily, Ayala Malls was able to guarantee that the advantage of having stock in a physical, nearby store (as opposed to a remote warehouse) is fully enjoyed by its customers. The swift fulfillment also helps Ayala Malls stand out from e-commerce marketplaces where delivery takes a few days at best.
Etaily was even able to help Ayala Malls create content to bring the business closer to its target audience. Content as a strategy has been crucial for malls that want to replicate the communal experience of shopping in-person and bring it online.
Other brick-and-mortar malls can look to Ayala Malls as a true example of what it means to adjust to the times. With Etaily offering an end-to-end one-stop solution that covers everything from branding and content creation to shipping, fulfillment, and customer service, Ayala Malls emerged from the partnership well-poised to take advantage of e-commerce’s popularity.
