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Once Bitten

The Korat Mall - How do the shops survive

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kaorop    1,024
On 15/1/2017 at 1:56 PM, Once Bitten said:

 

No matter where the opticians shop is situated , Mall or small rural village the view is all ways the same , its empty . 

 

 

 

 

 

Actually I often find the view quite pleasant, if you get my drift.

 

I hypothesize that many business are subsidized by large family companies with buckets of money and they dont want to lose face with the other families with buckets of money by closing places

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bentarm44    74

The Mall has a small outlet, close to the food supermarket, that sells booze and tobacco. 

For years I bought 50gm pouches of Drum Light Blue hand rolling tobacco there.

Around October last year, having once again ran out of duty free, I went there to buy some.

They have none, only Drum Dark Blue. I've asked again twice since then; with the same result.

My attempts at clarification wrt re-order; expected re-stock etc were (obviously) met with the upturned face distortion combined with the "huh ?" noise.

Anyone out there know of any place in Korat Town selling Drum Light Blue ??

T 21 seems to have no booze/tobac outlet at all; is that right ?

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Once Bitten    45

This comment is not related to the Mall , but Klang Plaza .

 

I had not ventured into Klang Plaza since the first few weeks after its big renovation , so I thought I would go back and have a look around the mobile phone / electronics floor.

 

What a shock.:shock1:

 

Vast empty retail sales spaces and venders closed down and gone , endless empty sales areas and those remaining well known chain shops / small sales counters , all seemed to be staffed with desperate sales assistants looking for elusive customers .

 

Whats going on , can the retail rents be that high or rental contracts be that untouchable .

 

While I was wondering around the floor area I could count the number of obvious customers on both hands. Something did not feel right about the place .

 

 

KP1_zps0crycn0o.jpg

 

 

KP2_zps8quqadaw.jpg

 

 

KP4_zpsgrct8ftf.jpg

 

 

What am I missing ?

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sinbin    460
Posted (edited)

I was in Terminal 21 last week and as I walked around I saw no reason why I'd want to ever go back to that Mall. Parking the car there was a dream.

 

Just as a side note. The Makro in Korat can take a hike as well. The new one opposite 'Do Home' heading for route 24 puts it to shame.

Edited by sinbin

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starky    3,016
On 13/01/2017 at 7:53 PM, seancbk said:



Population of Bangkok around 8 million. 

Let's assume 10% of the population wear glasses or contact lenses.   That would be 800,000 people (+/-)

 

Let's just talk about the contact lens wearers and for the purposes of this discussion say its 50% of the above number.   That give us 400,000 people (+/-)

 

OK so that it is 400,000 people who need to buy lens fluid and replacement (disposable lenses) regularly.   Lets say once a month.

400,000 people shopping once a month, but spread over the month is 400,000 / 30 = 13,300 customers a day in Bangkok.  

I know there are a lot of places they can buy their lens fluid and lenses, but 13,300 customers a day in Bangkok alone is still huge sales.   

Figure average customer purchase of 300 THB a month (actually I'd guess much more but we'll keep it low for now)   400,000 x 300 THB = 120 Million THB per month on contact lens fluid and lenses.


120 million THB in revenue is a conservative estimate for the business volume of contact lens related business in Bangkok during a single month.

So yeah I wonder how they stay in business.


 

I think your 10% is very conservative and that wouldnt even cover those who actually need lenses for sight correction. What's the percentage for those that just wear colour contacts cos they think it looks good? ( it doesn't!) speaking of which how good would it be to be an orthodontist in Thailand? Got people lining up around the block who don't even need braces and don't get me started on noses and bleached skin.

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seancbk    1,411
19 minutes ago, starky said:
On 1/13/2017 at 6:53 PM, seancbk said:



Population of Bangkok around 8 million. 

Let's assume 10% of the population wear glasses or contact lenses.   That would be 800,000 people (+/-)

 

Let's just talk about the contact lens wearers and for the purposes of this discussion say its 50% of the above number.   That give us 400,000 people (+/-)

 

OK so that it is 400,000 people who need to buy lens fluid and replacement (disposable lenses) regularly.   Let's say once a month.

400,000 people shopping once a month, but spread over the month is 400,000 / 30 = 13,300 customers a day in Bangkok.  

I know there are a lot of places they can buy their lens fluid and lenses, but 13,300 customers a day in Bangkok alone is still huge sales.   

Figure average customer purchase of 300 THB a month (actually I'd guess much more but we'll keep it low for now)   400,000 x 300 THB = 120 Million THB per month on contact lens fluid and lenses.


120 million THB in revenue is a conservative estimate for the business volume of contact lens related business in Bangkok during a single month.

So yeah I wonder how they stay in business.


 

I think your 10% is very conservative and that wouldnt even cover those who actually need lenses for sight correction. What's the percentage for those that just wear colour contacts cos they think it looks good? ( it doesn't!) speaking of which how good would it be to be an orthodontist in Thailand? Got people lining up around the block who don't even need braces and don't get me started on noses and bleached skin.

 

Yes, I was being conservative. 

In reality the numbers are much higher, especially when you include fashion contacts (coloured) and glasses.  

Maybe 500 million THB a month in Bangkok for optical products?   Of course it could be more and we are still only talking about Bangkok.







 

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janclaes47    873
On 1/15/2017 at 1:56 PM, Once Bitten said:

Could a Thai small business owner be under such enormous personal pressure ( not loosing face ) that even if their shop is constantly not making a profit , or breaking even , they will keep the failing business afloat by any means , even if they have to keep paying out of their own pockets to keep the shops door open

I don't think so, but a Thai can survive on much less than a foreigner.

 

First of all he can work himself, and his living expenses can be just a fraction of what we are used to.

 

I can imagine that if a Thai shop owner makes an average net profit of 15k a month he doesn't feel the need to close the shutters.

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Nice Boyd    413
There are many scratch your head in wonderment Thailand related mysteries that we all come across , but these shop business that seem to constantly have no or very few customers and must be paying their monthly over heads , and yet they still seem to be open month after month  , is one mystery that makes no sense , I know that some of the shops belong to large retail chain organization and they may be subsidized in some way , but even so you would think in this competitive retail environment , there must come a time when enough is enough and the shop has to close . But how do the small independent retail shops that can be found in all shopping malls keep going when its plainly obvious that they must be suffering from the constant lack of customers and profit , yet they just keep going .
 
Surely you would think that if the shop owner has enough capital to start a business in a shopping mall , they have first done and laid out a business plan / forecast and have the retail knowledge and brains to succeed , before committing them selves to a rental contract .
 
Not far from my house there's been a gang of building workmen , constructing a large row of shuttered front shop houses ,  the investment must be in the millions . Yet directly across the road from this new construction , is a nearly identical row of shop houses that has been there you several years , yet only one of the units there seems to be occupied , the rest remain still empty from day one.  So why would you invest millions in building new shop houses , when across the road stands old empty units that no one seemed to want to rent .
 
Its Beyond me :shock1:  or what am I missing ?
 

Chinese Black money buys those shophouses all over Thailand they sit Empty, I think they would be great to start a lil business with but Thais don't like them


Sent from my iPhone using Thailand Forum - Thaivisa mobile app

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SpokaneAl    1,372
I was in Terminal 21 last week and as I walked around I saw no reason why I'd want to ever go back to that Mall. Parking the car there was a dream.
 
Just as a side note. The Makro in Korat can take a hike as well. The new one opposite 'Do Home' heading for route 24 puts it to shame.


The new Makro is another one that I hope makes it. Each time we go, the parking lot is almost empty - which makes for easy, relaxed parking - and there are not many customers shopping. The other Makro seems to always be packed with people, as is the Tesco down the road from the new Makro.


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Once Bitten    45

Just how many huge shopping malls can Korat sustain  , Ive been to most of them on different days and times , and nearly always the majority of shops seem to be void of customers , the banks seem to be fairly busy as are the Ais / True Move / Detac shops , the gold shops seem to have a few customers , the food courts seem to be keeping busy but look at the majority of stand alone restaurants and the tables are constantly empty , glance into any opticians shop and you see a few staff but no customers. Now the furniture shops , with their vast floor areas of stock and empty aisles is another head scratcher .

 

 

And now Korat is getting yet another mega shopping mall, CentralPlaza 

 


Now I know that retail competition is good for the consumer, but when every shopping mall is full to the brim with the same brand name outlets , the same shops selling the exact same product or services , the over all shopping experience in these new outlets must eventually wear off .

 

So how many more shopping outlets can Korat take . :shock1: How do these shops that seem to have very few customers manage to survive and stay open :sad:

 

 

 

CP1.jpg

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