Marketplaces vs Shopping Malls: Today’s Trends and Forecasts

Nowadays in line with traditional off-line trade e-trade develops fast enough. Today’s customers show higher interest and loyalty to marketplaces. The goal of the article is to investigate new institutions being formed on the trade landscape, to analyze standing and current trends and factors influe...

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Main Author: I. B. Stukalova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2023-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/1744
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author I. B. Stukalova
author_facet I. B. Stukalova
author_sort I. B. Stukalova
collection DOAJ
description Nowadays in line with traditional off-line trade e-trade develops fast enough. Today’s customers show higher interest and loyalty to marketplaces. The goal of the article is to investigate new institutions being formed on the trade landscape, to analyze standing and current trends and factors influencing the development of shopping malls and marketplaces. The author’s hypothesis implies that in present conditions of trade development marketplaces act as an alternative and key competitors to shopping malls, as earlier shopping malls themselves became an alternative to department stores. Today we can observe that a certain part of customers and purchases leave off-line and choose on-line due to economic, social and geo-political reasons. It was promoted by digital technologies, COVID-19 pandemic and its after-effects, changes in customer behavior model, impact of sanction pressure on consumer market and so on. The author supposes that in case the current trend of fast growth of e-trade continuous (including marketplaces), by 2027 no less than 45% of all purchases will be done at marketplaces, while the share of traditional trade will drop and the role of shopping mall will reduce.
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institution Kabale University
issn 2413-2829
2587-9251
language Russian
publishDate 2023-09-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-6b067f5c361745fe9e6314da6602aed72025-08-20T03:59:12ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512023-09-0120519520710.21686/2413-2829-2023-195-2071152Marketplaces vs Shopping Malls: Today’s Trends and ForecastsI. B. Stukalova0Plekhanov Russian University of EconomicsNowadays in line with traditional off-line trade e-trade develops fast enough. Today’s customers show higher interest and loyalty to marketplaces. The goal of the article is to investigate new institutions being formed on the trade landscape, to analyze standing and current trends and factors influencing the development of shopping malls and marketplaces. The author’s hypothesis implies that in present conditions of trade development marketplaces act as an alternative and key competitors to shopping malls, as earlier shopping malls themselves became an alternative to department stores. Today we can observe that a certain part of customers and purchases leave off-line and choose on-line due to economic, social and geo-political reasons. It was promoted by digital technologies, COVID-19 pandemic and its after-effects, changes in customer behavior model, impact of sanction pressure on consumer market and so on. The author supposes that in case the current trend of fast growth of e-trade continuous (including marketplaces), by 2027 no less than 45% of all purchases will be done at marketplaces, while the share of traditional trade will drop and the role of shopping mall will reduce.https://vest.rea.ru/jour/article/view/1744retail tradee-tradeshopping mallmarketplacemodel of customer behavior
spellingShingle I. B. Stukalova
Marketplaces vs Shopping Malls: Today’s Trends and Forecasts
Вестник Российского экономического университета имени Г. В. Плеханова
retail trade
e-trade
shopping mall
marketplace
model of customer behavior
title Marketplaces vs Shopping Malls: Today’s Trends and Forecasts
title_full Marketplaces vs Shopping Malls: Today’s Trends and Forecasts
title_fullStr Marketplaces vs Shopping Malls: Today’s Trends and Forecasts
title_full_unstemmed Marketplaces vs Shopping Malls: Today’s Trends and Forecasts
title_short Marketplaces vs Shopping Malls: Today’s Trends and Forecasts
title_sort marketplaces vs shopping malls today s trends and forecasts
topic retail trade
e-trade
shopping mall
marketplace
model of customer behavior
url https://vest.rea.ru/jour/article/view/1744
work_keys_str_mv AT ibstukalova marketplacesvsshoppingmallstodaystrendsandforecasts