Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. End of year sales up by 200% for...

End of year sales up by 200% for Brand Management, when 8 out of 10 Romanians go to the mall and brands compete in advertisements

December 11, 2023

Every year, brands from all over the world compete in Christmas campaigns to get their messages heard and seen in the most effective ways possible. After several challenging years, the 2023 winter holiday season looks to be by far one of the best, as the number of Romanians going to the mall for Christmas and New Year's Eve increases by 17% compared to a normal period. Usually, 7 out of 10 Romanians go to the mall at least once a week (in urban areas); by the end of the year the number reaches 8, and the time spent in the mall increases by 30%. Similarly, the shopping budget of Romanians increases from an average of 300 lei per visit to over 400 lei.

According to Brand Management, the leader of the indoor advertising market and the first profile company whose services have nationwide coverage, the winter holiday season promises to be a very good one thanks to the release of marketing budgets, at the end of a difficult year with many fiscal changes that generated a cautious attitude in the market. In practice, during the Christmas holidays, 60% of Brand Management's clients generate a quarter of the company's annual activity and almost a third of its turnover.

“The last quarter of this year ends for us with a turnover increase of 200% compared to the same period last year. From the point of view of holiday campaigns, the percentages remained the same as in previous years - about 30% of the turnover was generated by the winter holidays campaigns. In terms of total turnover, we had a 35% increase in 2023 and we estimate that we will keep the upward trend next year as well," says Georgian Drăghici, Brand Management Commercial Director.

The current trends in the field of advertising in shopping centers show that brands have been convinced of the effectiveness of exposure in the indoor environment which brings them closer to the consumer, to the moment when they makes the purchase decision.

The most requested spaces remain those with intense traffic, such as the atrium area or the food courts, where 5 out of 10 Romanians stop to eat after shopping. Regarding the chosen geographical areas, international brands focus especially on the main cities (top 6 in order of size), but we also observe an increasing presence in the cities that complete the top 20 by number of inhabitants. So, in the latest media plans, cities such as Brăila, Galați, Târgu Mureș, Oradea, Piatra Neamț, Suceava, Alba Iulia, Arad, etc., appear more and more often. However, to plan a successful campaign, specialists must consider several criteria.

"Until now, we have made recommendations to improve exposure based on our 20-year experience. Starting with 2024, we will be able to aggregate the traffic data of the malls and hypermarkets we work with, and thus all our customers will receive data such as number of monthly visitors per location and the consumer profile (gender/generation), as it emerges from this year's market study for the indoor advertising industry conducted by Reveal Marketing. Thus, any indoor advertising campaign planning will start with the audience that can be reached and what results they can have in terms of impact and reach of the final consumer", says Georgian Drăghici.

Other criteria and tactics that have proven successful and are emerging as trends in the coming period are:
●  The use of sustainable supports for cost efficiency.
● Increased attention to the companies' budget in building and implementing campaigns.
● Campaigns that offer offline-online experiences and interactions, that arouse as many senses as possible.
● Focus on demographics, which add value to any campaign, directly influencing sales growth. Knowing your audience and placing campaigns in the right place is the difference between a mediocre campaign but one that drives sales, or a great one that no one has seen.
● Global campaigns adapted to the local market, mentality, and context, so that it is easy for the consumer to relate and interact with them.

The information provided by KomuniK

Read in full - click here
Tarom cancels Bucharest-Athens flight this Friday due to Greek air traffic controllers' strike

Romania's national airline Tarom said that the announced strike of Greek air traffic controllers, which is set to last 24 hours from February 27 at 22:00 until February 28 at 21:59, will also impact its schedule. Thus, the air carrier stated that flight RO273 between Bucharest and Athens on Friday, February 28, will be canceled. […]

Romanian consumer protection inspections uncover dire conditions in elderly care homes

Authorities in Romania have uncovered alarming conditions in over 250 care homes for the elderly and people with disabilities, including minors, following a series of inspections led by the National Authority for Consumer Protection (ANPC). The checks, carried out in collaboration with several state institutions, revealed severe violations of hygiene and food safety regulations. Inspectors […]

Two new dinosaur species discovered in Romania’s Hațeg Basin

A team of international researchers has uncovered two new species of dinosaurs in Romania's Hațeg Basin, part of the UNESCO Global Geopark Țara Hațegului, the University of Bucharest announced. The discovery, led by Dr. Verónica Díez Díaz from the Museum für Naturkunde Berlin, sheds new...

Romanian opposition demands probe into Russia-linked contractor for NATO base

Romania's opposition party Save Romania Union (USR) has called on defence minister Angel Tîlvăr to clarify how a company with alleged ties to Russian oligarch Oleg Deripaska was awarded a contract for the construction of NATO's largest military base in Europe at Mihail Kogălniceanu.  The party has raised concerns over national security and urged an […]

Three more Romanian companies included in the FTSE Global Micro Cap indices

According to the global leading index provider FTSE Russell, all 11 Romanian companies included in FTSE Global All Cap and FTSE Global Micro Cap indices, dedicated to Emerging Markets, kept their places within these global indices.  Moreover, the shares of Aquila Part Prod Com (AQ), Arobs Transilvania Software (AROBS), and Sphera Franchise Group (SFG) companies […]

Vodafone buys provider of car fleet monitoring solutions in Romania

Vodafone Romania has completed the full acquisition of iSys Professional Ploiești, a provider of car fleet monitoring solutions operating under the iTrack brand, according to Profit.ro.  The company's services will be integrated into Vodafone's...