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Social Media & Mobile
  Marketing for Mall
    Management
Introduction
Presenters
      Kurt Ivey, SVP Marketing and Corporate Communications, Madison

      Kurt joined Madison Marquette in 2006 and is responsible for the company's communications with internal and external
      stakeholders, including investors, employees, clients, partners, retailers and consumers. Upon joining Madison, he
      created a scalable, locally-driven consumer marketing organization utilizing traditional and newly emerging social media.
      He has over 18 years of experience in business-to-consumer and business-to-business marketing initiatives and has
      served in executive leadership roles at Simon Property Group, Rouse Company and The Mills Corporation.



      Alan McKeon, President & CEO, Alexander Babbage

      Alan McKeon is President and CEO of Alexander Babbage a market and consumer research firm serving clients in the
      shopping center, retail, restaurant, sports and entertainment industries. Since joining Alexander Babbage in 2004, he has
      led the acquisition of the oldest consumer research company in the shopping center industry, 30-year old Stillerman
      Jones, and the most technologically advanced, MAXtrak. Today, Alexander Babbage continues to focus on bottom-line
      results and provide client insights through data-driven innovations including measuring the effectiveness of social media
      and determining the true drivers of geographic and retail productivity (SpendR™).




Moderator
      Duffy C. Weir, Independent Marketing and Sponsorship Consultant

      Duffy C. Weir is the former vice president of specialty retail and marketing at The Rouse Company in Columbia, MD.
      She is now an independent retail marketing and sponsorship consultant and writer for Specialty Retail Report. Weir
      travels the world searching for what she says “makes marketplaces and retail tick”.
Social Media: What is it?
Social Media: Media for social
interaction, using highly accessible and
scalable web-based technologies.
Social Media Evolution
The Numbers
What does it all mean?
www.centersocial.com
As of Q3 2010, 609 U.S. shopping centers had a Facebook
  page, and 555 centers had a Twitter account*

       Center Type                       Number of
  (300,000 square feet or                 Centers
          larger)                         Studied
                                                                                                                          n= 1,842
Super Regional Centers                               432
Regional Centers                                     777
Lifestyle Centers                                    522
Value Centers                                          94
Entertainment Centers                                  17
Total Industry                                    1,842




                                                      Q3                                Q3                       Q3
                                                                                    Q        Q           Q   Q        Q   Q
                                                                                    2        3           2   3        2   3




 * Centers studied include those in the categories listed above that are 300,000 square feet or larger

                                                                                                             11
Regional centers are more likely to have a Facebook page,
but entertainment centers lead the way with the highest
average number of fans per center




                                                                                           Change
                                 Q2 Number of  Q3 Number of     Q2 Average   Q3 Average   Q3 vs. Q2
                                Centers with a Centers with a   Number of    Number of    Average
  Center Type           Base    Facebook Page Facebook Page        Fans         Fans        Fans
Super Regional
                         432              153
Centers                                                  194         1,516        2,167      42.9%
Regional Centers         777              178            242          479           594      24.0%
Lifestyle Centers        522              114            137         1,859        2,064      11.0%
Value Centers             94               24             27         1,027        1,341      30.6%
Entertainment Centers     17                7              8         5,655        6,221      10.0%
Total Industry          1,842             476            608         1,244        1,563      25.6%


                                                                             12
More regional centers also have a Twitter account, but
again, entertainment centers have more followers on
average




                                                                                            Change
                                  Q2 Number of    Q3 Number of Q2 Average     Q3 Average   Q3 vs. Q2
                                  Centers with a Centers with a Number of     Number of    Number of
 Center Type             Base    Twitter Account Twitter Account Followers     Followers   Followers

Super Regional Centers     432              151           184          190           248      30.5%
Regional Centers           777              154           201          109           125      14.7%

Lifestyle Centers          522               81           109          479           467       -2.5%
Value Centers               94               50            53          408           431        5.6%
Entertainment Centers       17                6              7       1,117         1,161        3.9%
Total Industry           1,842              442           557          252           281      11.5%




                                                                             13
Between Q2 and Q3, regional centers experienced the
most growth in the use of Facebook (36.0%), while lifestyle
centers experienced the most growth in the use of Twitter

•   Entertainment centers have the highest percentage of Facebook pages (41.7%),
    while value centers have the strongest presence on Twitter (56.4%).


                                         % Growth   Q2 %       Q3 %     % Growth
                     Q2 % with Q3 % with in Number  with       with     in Number
                      Website   Website of Centers Website    Website   of Centers
                        and       and       with    and        and         with
     Center Type     Facebook Facebook Facebook Twitter       Twitter     Twitter
    Super Regional      35.6%     44.9%      26.1%    35.0%     42.6%      21.7%
    Regional            22.9%     31.1%      36.0%    19.8%     25.9%      30.7%
    Lifestyle           21.5%     26.2%      22.1%    15.5%     20.9%      34.7%
    Value               25.5%     28.7%      12.6%    53.2%     56.4%       6.0%
    Entertainment       41.2%     47.1%      14.2%    35.3%     41.2%      16.6%
    Total Industry      25.8%     33.0%      27.9%    24.0%     30.2%      26.0%


                                                                14
The average number of Facebook fans in Q3 is 1,563 per
center – a 25.6% jump compared to Q2 2010




•   The largest group, regional centers, continued to have the lowest average number of fans (594) and the
    smallest group, entertainment centers, continued to have the largest fan base (6,221).
•   The highest number of fans for any single center is 83,645 for the super regional center Mall of America.



                                                                                  15
The average number of Twitter followers increased from 252 per
center to 281 per center – an 11.5% increase over Q2 2010, and
falling well below the growth rate for Facebook




•   Similar to Facebook, the small base of entertainment centers are out on top (1,161) with
    regional centers lagging behind with the lowest average number of followers (125).
•   The highest number of followers for any one center is 5,205 for the lifestyle center The Grove.



                                                                         16
Mall of America has three times the number of
Facebook fans as the next closest ranking center



                                                                                             Q3
                                                                                          Number of
                                              Type of   Square                            Facebook
 Shopping Center Name        Location          Center    Feet           Managed By          Fans
                                            Super
Mall of America          Bloomington, MN    Regional    2,768,399 Triple Five Corp.          83,645
                         King of Prussia,   Super
King of Prussia Mall     PA                 Regional    2,698,477 Kravco Simon Company       28,980
Westfield Garden State                      Super
Plaza                    Paramus NJ         Regional    2,132,112 Westfield Corporation      28,483
                                            Super
Westfield Valley Fair    Santa Clara, CA    Regional    1,478,023 Westfield Corporation      19,227
                                            Super                 Simon Property Group,
The Galleria             Houston, TX        Regional    2,350,308 Inc.                       16,204




                                                                            17
The Grove leads other centers with the greatest
number of Twitter followers as of Q3 2010




                                                                                       Q3        Q3
                                                                                    Number     Number
                                        Type of      Square                            of        of
Shopping Center       Location          Center        Feet          Managed By     Followers   Tweets

The Grove         Los Angeles, CA    Lifestyle        575,000 Caruso Affiliated        5,205     1,720
                                     Super           2,768,39
Mall of America    Bloomington, MN   Regional               9 Triple Five Corp.        3,263     3,922
                   Universal City,
Universal CityWalk CA                Entertainment   400,000 Universal CityWalk        2,546     2,398
Winter Park
Village            Winter Park, FL   Lifestyle        522,000 Casto                    1,996      276
                                                     1,200,00 Continuum Property
Belmar            Lakewood, CO       Lifestyle              0 Mgmt                     1,948      391
Among all studied developers, only Glimcher
employs Facebook and Twitter at all its properties




                                      19
Simon and DDR saw the greatest growth in Facebook at
  their centers between Q2 and Q3; DDR and Glimcher saw
  the greatest growth in Twitter use during the same time
  period
                                                 Q2 % with      Q3 % with                                                          %
                                                  Website        Website         % Growth        Q2 % with      Q3 % with      Growth
                                                    and            and          from Q2 to        Website        Website       from Q2
                                        Base     Facebook       Facebook            Q3          and Twitter    and Twitter      to Q32
  Simon Property Group                    227          2.6%          21.6%          716.7%           14.1%           30.0%      112.5%
  General Growth Properties               190         87.9%          88.4%            0.6%           86.3%           86.8%        0.6%
  CBL & Associates Properties              83          3.6%           4.8%           33.3%            6.0%            7.2%       20.0%
  Westfield Corporation                    54         25.9%          35.2%           35.7%           24.1%           27.8%       15.4%
  Macerich                                 51         31.4%          35.3%           12.5%           98.0%           98.0%        0.0%
  Developers Diversified Realty            46          8.7%          32.6%          275.0%            4.3%           32.6%      650.0%
  Jones Lang LaSalle                       46         39.1%          58.7%           50.0%           32.6%           45.7%       40.0%
  Pennsylvania R/E Investment
  Trust                                    31         45.2%          48.4%            7.1%            3.2%           3.2%         0.0%
  Forest City                              24         66.7%          70.8%            6.3%           66.7%          70.8%         6.3%
  The Taubman Company                      22          0.0%           0.0%                -           0.0%           0.0%             -
  Glimcher                                 21         38.1%         100.0%          162.5%           38.1%         100.0%       162.5%

Note the data for Simon Property Group was aggregated by Simon Property Group (Chelsea), Kravco Simon and Simon Property Group, Inc. CBL &
        Associates Properties was aggregated by CBL RM - Waco LLC and CBL & Associates Properties, Inc. and Forest City was aggregated by
               Forest City Commercial Management, Forest City Enterprises, Forest City Management, and Forest City Ratner Companies.



                                                                                                        20
Case Study: Mall of America on Facebook

•   Among U.S. shopping centers 300,000 square feet or larger, the Mall of America has
    the highest number of fans on Facebook (111,554 as of September 2010).
•   In Q3 2010, The Mall of America posted an average of 49.3 times per month. This
    compares to an average of 39.5 posts per month among the top 10 centers.




                                                                 21
Case Study: Mall of America on Facebook (Continued)

                                   Regular Fan Interaction
•   The Mall of America has
    proven that interaction is
    key when it comes to
    gaining the largest fan base
    on Facebook.

•   As evidenced by Mall of
    America, posts do not
    necessarily have to be
    shopping related to engage     Non-center Specific Posts
    fans and create interest.

•   Special offers that are
    available exclusively to
    Facebook Fans are a great
    way to gain exposure and
    get customers in the habit
    of checking your center’s
    Facebook page on a
    regular basis.
                                                               22
Case Study: Forest City Facebook Use

•   Forest City currently has 24 shopping centers, 17 (70.8%) of which are on
    Facebook and Twitter as of Q3 2010.
•   Victoria Gardens in Rancho Cucamonga, CA has the most Facebook fans
    (7,135) while Northfield at Stapleton in Denver, CO has the fewest (380).
•   Although both centers seem to update at a similar frequency, Victoria
    Gardens tends to have a lot more fan interaction.
•   The post below demonstrates that updates do not always have to be about
    shopping to get a reaction and connect with users.




                                                           23
Case Study: The Grove on Twitter

•   Among all shopping centers 300,000 square feet or larger, The Grove, a lifestyle
    center in Los Angeles, has the highest number of followers on Twitter (6,539 as of
    September 2010).
•   The Grove tweets an average of 4.1 times per day, compared to an average of 3.1
    tweets per day for the top 10 U.S. shopping centers.
•   Shopping center tweets are of comparable content to Facebook posts, yet occur
    much more frequently. Similar to Facebook, interaction through re-tweeting and
    replying is key.




                                                                   24
Case Study: Simon Property Group on Twitter

•   Overall, Simon Property Group has experienced the third highest growth
    rate behind DDR and Glimcher in the use of Twitter from Q2 to Q3 at a
    growth rate of 112.5%.
•   Among 227 Simon Property Group centers, two have made the list of top 20
    centers based on the number of followers on Twitter, The Galleria (1,678
    followers) and Pier Park (1,450 followers) as of Q3 2010, these numbers
    have since grown.
•   The Galleria maintained its fourth-place ranking in the top five centers with
    the largest increase in the number of followers from Q2 to Q3 2010 (1,302
    to 1,678).
•   The Galleria tweets an average of 3.4 times per day, while Pier Park tweets
    2.9 times per day. Among the top 10 centers, the average number of tweets
    per day is 3.1.




                                                             25
Retailer Success: Ann Taylor – Skinny to Real



                               Results:
                               • Loyalty
                               • Dialog/Engage
                                 ment
                               • Sales
                               • Publicity
Restaurant Success


                     FourSquare Day:
                     • Gift cards as bait
                     • 50 Articles
                     • 33% increase
                       traffic
                     • Total Cost: $1000
Foursquare Promotion
Content is King

•   Strategy            • Facebook           70%
•   Consistency
                        • Twitter        580%
•   Turnkey Promotion
•   Scalability         • Check Ins      250%
•   Engagement          • Retailer Results

                        • Media Coverage
Social Media as a Leasing Tool
Online extension of Corporate Brand
Apps vs. Mobile Optimization
The Future of Mobile
Summary
Q&A

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Center social webinar

  • 1. Social Media & Mobile Marketing for Mall Management
  • 3. Presenters Kurt Ivey, SVP Marketing and Corporate Communications, Madison Kurt joined Madison Marquette in 2006 and is responsible for the company's communications with internal and external stakeholders, including investors, employees, clients, partners, retailers and consumers. Upon joining Madison, he created a scalable, locally-driven consumer marketing organization utilizing traditional and newly emerging social media. He has over 18 years of experience in business-to-consumer and business-to-business marketing initiatives and has served in executive leadership roles at Simon Property Group, Rouse Company and The Mills Corporation. Alan McKeon, President & CEO, Alexander Babbage Alan McKeon is President and CEO of Alexander Babbage a market and consumer research firm serving clients in the shopping center, retail, restaurant, sports and entertainment industries. Since joining Alexander Babbage in 2004, he has led the acquisition of the oldest consumer research company in the shopping center industry, 30-year old Stillerman Jones, and the most technologically advanced, MAXtrak. Today, Alexander Babbage continues to focus on bottom-line results and provide client insights through data-driven innovations including measuring the effectiveness of social media and determining the true drivers of geographic and retail productivity (SpendR™). Moderator Duffy C. Weir, Independent Marketing and Sponsorship Consultant Duffy C. Weir is the former vice president of specialty retail and marketing at The Rouse Company in Columbia, MD. She is now an independent retail marketing and sponsorship consultant and writer for Specialty Retail Report. Weir travels the world searching for what she says “makes marketplaces and retail tick”.
  • 5. Social Media: Media for social interaction, using highly accessible and scalable web-based technologies.
  • 7.
  • 9. What does it all mean?
  • 11. As of Q3 2010, 609 U.S. shopping centers had a Facebook page, and 555 centers had a Twitter account* Center Type Number of (300,000 square feet or Centers larger) Studied n= 1,842 Super Regional Centers 432 Regional Centers 777 Lifestyle Centers 522 Value Centers 94 Entertainment Centers 17 Total Industry 1,842 Q3 Q3 Q3 Q Q Q Q Q Q 2 3 2 3 2 3 * Centers studied include those in the categories listed above that are 300,000 square feet or larger 11
  • 12. Regional centers are more likely to have a Facebook page, but entertainment centers lead the way with the highest average number of fans per center Change Q2 Number of Q3 Number of Q2 Average Q3 Average Q3 vs. Q2 Centers with a Centers with a Number of Number of Average Center Type Base Facebook Page Facebook Page Fans Fans Fans Super Regional 432 153 Centers 194 1,516 2,167 42.9% Regional Centers 777 178 242 479 594 24.0% Lifestyle Centers 522 114 137 1,859 2,064 11.0% Value Centers 94 24 27 1,027 1,341 30.6% Entertainment Centers 17 7 8 5,655 6,221 10.0% Total Industry 1,842 476 608 1,244 1,563 25.6% 12
  • 13. More regional centers also have a Twitter account, but again, entertainment centers have more followers on average Change Q2 Number of Q3 Number of Q2 Average Q3 Average Q3 vs. Q2 Centers with a Centers with a Number of Number of Number of Center Type Base Twitter Account Twitter Account Followers Followers Followers Super Regional Centers 432 151 184 190 248 30.5% Regional Centers 777 154 201 109 125 14.7% Lifestyle Centers 522 81 109 479 467 -2.5% Value Centers 94 50 53 408 431 5.6% Entertainment Centers 17 6 7 1,117 1,161 3.9% Total Industry 1,842 442 557 252 281 11.5% 13
  • 14. Between Q2 and Q3, regional centers experienced the most growth in the use of Facebook (36.0%), while lifestyle centers experienced the most growth in the use of Twitter • Entertainment centers have the highest percentage of Facebook pages (41.7%), while value centers have the strongest presence on Twitter (56.4%). % Growth Q2 % Q3 % % Growth Q2 % with Q3 % with in Number with with in Number Website Website of Centers Website Website of Centers and and with and and with Center Type Facebook Facebook Facebook Twitter Twitter Twitter Super Regional 35.6% 44.9% 26.1% 35.0% 42.6% 21.7% Regional 22.9% 31.1% 36.0% 19.8% 25.9% 30.7% Lifestyle 21.5% 26.2% 22.1% 15.5% 20.9% 34.7% Value 25.5% 28.7% 12.6% 53.2% 56.4% 6.0% Entertainment 41.2% 47.1% 14.2% 35.3% 41.2% 16.6% Total Industry 25.8% 33.0% 27.9% 24.0% 30.2% 26.0% 14
  • 15. The average number of Facebook fans in Q3 is 1,563 per center – a 25.6% jump compared to Q2 2010 • The largest group, regional centers, continued to have the lowest average number of fans (594) and the smallest group, entertainment centers, continued to have the largest fan base (6,221). • The highest number of fans for any single center is 83,645 for the super regional center Mall of America. 15
  • 16. The average number of Twitter followers increased from 252 per center to 281 per center – an 11.5% increase over Q2 2010, and falling well below the growth rate for Facebook • Similar to Facebook, the small base of entertainment centers are out on top (1,161) with regional centers lagging behind with the lowest average number of followers (125). • The highest number of followers for any one center is 5,205 for the lifestyle center The Grove. 16
  • 17. Mall of America has three times the number of Facebook fans as the next closest ranking center Q3 Number of Type of Square Facebook Shopping Center Name Location Center Feet Managed By Fans Super Mall of America Bloomington, MN Regional 2,768,399 Triple Five Corp. 83,645 King of Prussia, Super King of Prussia Mall PA Regional 2,698,477 Kravco Simon Company 28,980 Westfield Garden State Super Plaza Paramus NJ Regional 2,132,112 Westfield Corporation 28,483 Super Westfield Valley Fair Santa Clara, CA Regional 1,478,023 Westfield Corporation 19,227 Super Simon Property Group, The Galleria Houston, TX Regional 2,350,308 Inc. 16,204 17
  • 18. The Grove leads other centers with the greatest number of Twitter followers as of Q3 2010 Q3 Q3 Number Number Type of Square of of Shopping Center Location Center Feet Managed By Followers Tweets The Grove Los Angeles, CA Lifestyle 575,000 Caruso Affiliated 5,205 1,720 Super 2,768,39 Mall of America Bloomington, MN Regional 9 Triple Five Corp. 3,263 3,922 Universal City, Universal CityWalk CA Entertainment 400,000 Universal CityWalk 2,546 2,398 Winter Park Village Winter Park, FL Lifestyle 522,000 Casto 1,996 276 1,200,00 Continuum Property Belmar Lakewood, CO Lifestyle 0 Mgmt 1,948 391
  • 19. Among all studied developers, only Glimcher employs Facebook and Twitter at all its properties 19
  • 20. Simon and DDR saw the greatest growth in Facebook at their centers between Q2 and Q3; DDR and Glimcher saw the greatest growth in Twitter use during the same time period Q2 % with Q3 % with % Website Website % Growth Q2 % with Q3 % with Growth and and from Q2 to Website Website from Q2 Base Facebook Facebook Q3 and Twitter and Twitter to Q32 Simon Property Group 227 2.6% 21.6% 716.7% 14.1% 30.0% 112.5% General Growth Properties 190 87.9% 88.4% 0.6% 86.3% 86.8% 0.6% CBL & Associates Properties 83 3.6% 4.8% 33.3% 6.0% 7.2% 20.0% Westfield Corporation 54 25.9% 35.2% 35.7% 24.1% 27.8% 15.4% Macerich 51 31.4% 35.3% 12.5% 98.0% 98.0% 0.0% Developers Diversified Realty 46 8.7% 32.6% 275.0% 4.3% 32.6% 650.0% Jones Lang LaSalle 46 39.1% 58.7% 50.0% 32.6% 45.7% 40.0% Pennsylvania R/E Investment Trust 31 45.2% 48.4% 7.1% 3.2% 3.2% 0.0% Forest City 24 66.7% 70.8% 6.3% 66.7% 70.8% 6.3% The Taubman Company 22 0.0% 0.0% - 0.0% 0.0% - Glimcher 21 38.1% 100.0% 162.5% 38.1% 100.0% 162.5% Note the data for Simon Property Group was aggregated by Simon Property Group (Chelsea), Kravco Simon and Simon Property Group, Inc. CBL & Associates Properties was aggregated by CBL RM - Waco LLC and CBL & Associates Properties, Inc. and Forest City was aggregated by Forest City Commercial Management, Forest City Enterprises, Forest City Management, and Forest City Ratner Companies. 20
  • 21. Case Study: Mall of America on Facebook • Among U.S. shopping centers 300,000 square feet or larger, the Mall of America has the highest number of fans on Facebook (111,554 as of September 2010). • In Q3 2010, The Mall of America posted an average of 49.3 times per month. This compares to an average of 39.5 posts per month among the top 10 centers. 21
  • 22. Case Study: Mall of America on Facebook (Continued) Regular Fan Interaction • The Mall of America has proven that interaction is key when it comes to gaining the largest fan base on Facebook. • As evidenced by Mall of America, posts do not necessarily have to be shopping related to engage Non-center Specific Posts fans and create interest. • Special offers that are available exclusively to Facebook Fans are a great way to gain exposure and get customers in the habit of checking your center’s Facebook page on a regular basis. 22
  • 23. Case Study: Forest City Facebook Use • Forest City currently has 24 shopping centers, 17 (70.8%) of which are on Facebook and Twitter as of Q3 2010. • Victoria Gardens in Rancho Cucamonga, CA has the most Facebook fans (7,135) while Northfield at Stapleton in Denver, CO has the fewest (380). • Although both centers seem to update at a similar frequency, Victoria Gardens tends to have a lot more fan interaction. • The post below demonstrates that updates do not always have to be about shopping to get a reaction and connect with users. 23
  • 24. Case Study: The Grove on Twitter • Among all shopping centers 300,000 square feet or larger, The Grove, a lifestyle center in Los Angeles, has the highest number of followers on Twitter (6,539 as of September 2010). • The Grove tweets an average of 4.1 times per day, compared to an average of 3.1 tweets per day for the top 10 U.S. shopping centers. • Shopping center tweets are of comparable content to Facebook posts, yet occur much more frequently. Similar to Facebook, interaction through re-tweeting and replying is key. 24
  • 25. Case Study: Simon Property Group on Twitter • Overall, Simon Property Group has experienced the third highest growth rate behind DDR and Glimcher in the use of Twitter from Q2 to Q3 at a growth rate of 112.5%. • Among 227 Simon Property Group centers, two have made the list of top 20 centers based on the number of followers on Twitter, The Galleria (1,678 followers) and Pier Park (1,450 followers) as of Q3 2010, these numbers have since grown. • The Galleria maintained its fourth-place ranking in the top five centers with the largest increase in the number of followers from Q2 to Q3 2010 (1,302 to 1,678). • The Galleria tweets an average of 3.4 times per day, while Pier Park tweets 2.9 times per day. Among the top 10 centers, the average number of tweets per day is 3.1. 25
  • 26. Retailer Success: Ann Taylor – Skinny to Real Results: • Loyalty • Dialog/Engage ment • Sales • Publicity
  • 27. Restaurant Success FourSquare Day: • Gift cards as bait • 50 Articles • 33% increase traffic • Total Cost: $1000
  • 29.
  • 30. Content is King • Strategy • Facebook 70% • Consistency • Twitter 580% • Turnkey Promotion • Scalability • Check Ins 250% • Engagement • Retailer Results • Media Coverage
  • 31. Social Media as a Leasing Tool
  • 32. Online extension of Corporate Brand
  • 33. Apps vs. Mobile Optimization
  • 34. The Future of Mobile
  • 36. Q&A