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E- Retailers Should follow this approach to grow!

One of the interesting thing that I found on the web was that Amazon opened its first-ever brick-and-mortar retail store in its 20-years of business. The Amazon Book Store itself is like any other store on the street with wooden racks, 5000-6000 books and a cute Kindle Book offering visitors a chance to browse through their favourite reading list.

Amazon is the largest online marketplace and one of the most popular companies serving customers in 15 different countries across the world, took a chance of opening a physical store. This seemed silly on my part until I thought of why they did that!

The Amazon Book Store offered something that online marketplace was not able to offer for 20 years, “the instant gratification of owning an item the second it was purchased and personal opinion about a product from an experienced salesperson”.

Apart from this, Amazon was also confident that the data generated by this exercise will be very helpful in selling the series of Kindle E-books on the website and the Kindle Store. The vice-versa also works! The reviews and feedback on the website will provide an idea of what to sell in the store and how to stock up the store. There was no surprise on my part when I heard this, but a glimpse of shock at why anyone else hasn’t thought about it.

Although Seattle was the destination for this venture, I had a good look at the pictures sitting here in India. I think the best part about the Amazon Store was that it was showcasing authors and their work, rather than just racking up books.

What should we learn from Amazon Book Store?

It feels good to have a Physical Store of an Online Marketplace. We could just look for something on the web and buy it instantly from the store at the same price.
We can educate people better about a specific brand or a series of products.
Have the experience and physical comfort in buying the same from online.
Build trust in people who are afraid of online shopping.
The most important part – Brand Awareness! One of the best outcome from having a physical appearance of an online marketplace, at least from Amazon’s findings is that offline retail is a big space with room for lots of winners. So, integrating both Online and Physical visibility can bring in a lot of awareness, marketing and promotion to all segments of a Brand Line.

Related post: How can startups benefit from Myrsa.in?

Why should Indian e-retailers follow Amazon’s footsteps?

Test the Market: Opening a Physical Store, shops in malls allows brands to engage in test marketing new products and promotions to gauge future demand.
Reach Audience: Although the number of online shoppers has increased by 120% last year, they’re still 60% that can be reached and encouraged to do online shopping.
Brand Extension: Businesses can extend their brand and build awareness. For online businesses, especially, physical shops provide a way to interact with customers face-to-face and also educate them about new products, services and features.
Stay ahead in the Competition: Now that anyone can buy anything, sitting anywhere in India, people are getting used to online shopping. One of the best ways of being at the top of the competition is integrating the online & physical store and exploring the findings from both to serve customers better.

Surprisingly, none of the big giants of India like Flipkart, Snapdeal, Myntra, Jabong, etc has yet tapped into the physical market, even after Amazon has shown the path of serving customers better. But, I recently read about the new 2,500 sq. ft. Pepperfry Studio in Mumbai, where a range of furniture’s is showcased from Pepperfry.com’s online portfolio. As per Pepperfry, this place lets you experience the cutting edge designs, ranging from contemporary to classic, from ethnic to eclectic”. After I read more about Studio Pepperfry, I felt someone is thinking right and exploring options in India!

One of the best outcomes from having a physical appearance of an online marketplace, at least from Amazon’s findings is that offline retail is a big space with room for lots of winners. So, integrating both Online and Physical visibility can bring in a lot of awareness, marketing and promotion to all segments of a Brand Line.

Myrsa is an online platform where you can find the physical spaces for your brands in prime locations. It lets you rent a space for a temporary period of time, starting from a few hours to a few days. The temporary rental program makes it easier for you to find mall space for rent. If you wish to take your business offline you can find spaces easily on Myrsa.in.

January 16, 2019 0

6 Spaces That You Didn’t Know Could Make You Money!

In your hustling days, your 9 to 5 job and that too if you stay in a city like Mumbai, the traffic it takes up your whole day. In all of this, if you even contemplate about being an entrepreneur preferentially making some extra funds it is actually troublesome. Although what if I tell you can earn money without putting in much energy. All you have to do is see around you! In this blog, we are going to look at all the spaces that can you can earn from.

If you’re a landlord or just looking to make money with real estate, it’s essential to understand how to manage a property in the right way. As a property manager, notably as a first-time landlord, you’ll be forced to wear many hats. How you control that property is going to either make or break your chances for success.

Entrepreneurs have become fixated with rental property and not just long-term rentals. The emergence of Airbnb and the eager rush to convert condos and homes into short-term, temporary rentals has the real estate world reeling. If you’re seeming to get into the fray, heed the advice from property managers who are dominating the short-term rental game.

While short-term rentals are on a constant rise, they have been a source of income: passive income. Real estate is an excellent illustration of one of the >best ways that we can create a passive income from a real-world asset that increases in value over time. The best part? If it’s a section of your own property that remains vacant, you can still receive the rental income. Music to your ears, right?

Well, what’s not so apparent or straightforward is particularly how you go about managing that property. If you don’t have the time, no problem. Myrsa will help you. Myrsa is an online platform where you can find potential brands that would want to use your space. List your space on the website and send an enquiry to brands that can use your space. The brands will then contact you. It’s as easy as that!

Here are some of the spaces around you that you can give out for temporary renting.

Garden

Garden areas are on a huge demand right now. They have endless opportunities. Being an outdoor area and the natural ambience, people find this the perfect place for their activities. You don’t use your garden areas that often and rest of the times they remain vacant. From a small yoga class to a big event everything can happen in this area. As Myrsa provides you with the temporary renting program you can set the time when you would like to rent out your garden area.

Parking Lots

Your empty parking space can be given a whole new perspective. Parking lots in residential areas or commercial areas are huge and you can earn a lot from these. Usually, you will observe that they remain empty for the utmost of the day. Additionally, you can rent out a part of your parking lot and use the other half for parking. Activities like exhibitions, small stalls, food trucks, pop-up shops and even educational events can be held.

Open Ground

Bunch of events and things can take place at your Open Garden. Parties, Weddings, Exhibition, Flea Market, Food Fest, sports event and many other events. Brands that need your space can contact you. An open garden can be a great source of income for you.

Halls

Halls are utilised by people every now and then for any sort of event. Small parties to grand celebrations can all be held in your halls. Myrsa helps you to take your booking online. Brands will easily find you to carry out their events and you can have a new event every day. Even yoga classes or dance classes can be held during different hours in your halls.

Auditorium

Auditoriums usually remain empty most of the times. Offices today are more inclined to hold seminars in offbeat places to keep their employees motivated and for them, your auditorium spaces can be one of the spaces. Let out your auditoriums for different types of seminars, events and even for small movie premiers. Upcoming artists can also use your auditoriums to practice their performances beforehand.

Cafeteria

Cafeterias are something you must have never thought of about earning money in any another way. But the free spaces in your cafeterias can be very useful to some. You can give out your cafeteria space for rent to potential businesses. Food tasting activities, new product testing or even small stalls for newspapers can be in your cafeterias. You can even rent out space for atm.

All these can become your extra source of income. Watch out for more blogs to know the amazing spaces that you can earn money from and that too on a temporary basis.

January 8, 2019 0

How can startups benefit from Myrsa.in?

The ‘Golden Age’ for start-ups in India has rightly and truly arrived, and India is witnessing its age-old talent for entrepreneurship being unleashed like never before. Brand-new ideas are exploding into business models and investors are all lining up to provide the requisite finance and mentoring, to take the start-up to the next round of funding and higher valuations.

India today is replete with examples of successful start-ups that have seen valuations ballooning within the first five years of operation. Renown names like Make My Trip, Naukri.com, Shaadi.com, Just Dial, are all success stories that have survived and grown from the last internet boom, at the beginning of the Millennium.

Success stories of companies that have grown over the last 5-8 years in India are Flipkart, Snapdeal and Myntra – all e-commerce companies, Paytm in payment processing, Red Bus in travel, Ola in taxi aggregation, Book My Show in entertainment, and Housing.com in real estate. The list is long with more businesses being launched each month.

Numerous successful online or e-commerce businesses and small-scale startups face a very genuine problem which is to target potential audience who are not aware of your brand/business and convert them into loyal customers.

One of the colossal hurdles these businesses face is that of forming a professional presence out of the ambit of their reach. For digital companies, these would be tapping into potential customers that are more likely to avail your product/service when acquainted to it in the physical dimension. For small-scale businesses, this would be making people aware of their existence outside the vicinity of their operation. The biggest challenge faced while executing a strategy which aims to tackle these marketing barriers is finding the apt retail space for rent which would complement the needs of your business to blistering extents. People with their own space can open doors and host events – reaching a new audience, expanding their network and growing their business with additional income.

What are the biggest challenges faced? More importantly, what does one do about it?

Understanding investment- As a good businessman, you obviously know that owning assets that generate value and earnings is much better than owning assets that generate expenses.

So now let’s discuss the really important details ->

1.)Issues with conventional rental -> If you rent a commercial venue through conventional means and methods nor only do you find yourself facing leases stamped over but might also have to handle maintenance, utilities and commitments to occupy the place for a set temporal period.

2.)The opposite side of the picture-> In strong contrast to this consider finding yourself a platform which lets you rent said avenues on weekly or monthly rolls without strict leases and independent of any and all sorts of legal fidelity.

3.)What can you do with it? This quickly empowers you to switch between places to find the appropriate one according to your professional needs. Also shifting between important locations with a good inflow of defined target audience is “gold” for your brand/business awareness.

“The pendulum has swung too far,” stated a founder of one of the well-doing startup in Bengaluru “People have to have places to restore and absorb and process information” in order to be productive at work, she said.

4.)Optimization through analysis-> Individually if you have the liberty to hop between different spots and decide which shops or workrooms are most suitable for your goals and targets you’ll be able to optimize your business strategy.

One of the most potent elements of running a successful offline business is ideally finding the perfect surrounding an environment that complements your venture. This more often than not can only be figured out by trial and error no matter how much you try to work it out in theory.

Myrsa is an online platform that not only lets you avail everything already mentioned here but a lot of other features as well to assist you in real-world simulations of your business in different environments. You can temporarily rent office or shops for short terms, shared working space with already established businesses; which by the way is a great place to tap into the already in-flowing foot traffic , avail accommodation spaces to cache your procurement, get promotional spaces in places like malls and shopping centers, advertising spaces and a lot more. Basically all the benefits of temporary renting out any space with bare minimum liabilities. So stop waiting and up your marketing game to the next plethora, go check out all available rentals and get the one that suits your business needs and wants.

December 28, 2018 0

How can Short-term Renting benefit you?

If your business needs a short-term rental or a smaller space, you have your work cut out for you. Typically, the minimum lease term for a commercial real estate renting is three years. Nevertheless, this does not work for every type of business. When it comes to startups or small companies, flexibility is key as they establish themselves within the market. Additionally, these types of businesses don’t usually need a lot of space, so they are often looking for a space that is smaller. This can be hard to come by, as most rentable space is a minimum of 1,000 square feet.

THE PROBLEM

When these types of businesses start looking for office space to rent, they often find that they have limited options. In general, landlords prefer long-term rents, because month-to-month or year-long rents are not to their advantage. Finding a short-term space for your business requires extensive searching, and you may not find anything that meets your needs.

Even if you do find a landlord willing to rent a space to you, you are at a distinct disadvantage during tenant negotiations. You have no leverage, and therefore, may have to take a higher rent than your neighbours. Not only that, once your lease is up, you are particularly vulnerable to a spike in rent if you want to renew your lease.

Related Post: Give your empty retail space for rent!

THE SOLUTION

If you are looking for a smaller renting space or a more flexible renting, it is wise to use our online platform. We can help you find a commercial space that suits your needs.

Be in the market where you want to be…Locally, Regionally, Nationally!

If you are looking for a temporary space for a day, week, month or year.

We can help. Myrsa’s portfolio of outdoor shopping locations provides advantageous visibility in prime markets across the country. Whether you are looking for temporary renting or an advertising opportunity, we have the perfect location for your business.

Reach and surpass your business goals:

Expand and test a market
Build a customer base
Transition into a long-term tenant

Advantages to a short-term lease:

One day to six-month terms
Competitive rates
Minimal risk
No long-term commitments
Limited start-up costs

Available opportunities:

Temporary inline space (pop-up shops and offices):

Seasonal retail stores
Outlet & Overstock stores
Boutiques
Consignment shops
Office spaces

Parking lot space:

Tent sales
Fireworks sales
Christmas tree sales
Garden centres

Events:

Art shows
Children’s events
Product sampling & tastings
Farmers Markets
Holiday-themed events
Craft Fairs

Signage & Sponsorships:

Banner/light pole ads
Backlit signs
Window Clings
Billboards
Event & seasonal sponsorships

Environmental & Wireless technology:

Solar panels
Small cells
Cell towers
Donation Bins
Recycling Bins

All short-term deals require the following:

A license agreement signed by both parties
A Certificate of Insurance
A security deposit
Professionally printed signage

Advantages of a Short-Term Commercial Real Estate Renting

Flexibility – For startup businesses that are growing quickly you never know if and when you will need more or less space. If you decide you don’t like a specific location or space or you get that big deal and need to hire 30 more people you can easily pick up and relocate with a short-term lease.
Contingency – It’s a known fact that most companies fail within the first 12-24 months of being in business. Having a short-term rent will give you the ability to cut your losses and not have to pay the landlord a large sum of money to cancel the lease.

As you can see there are many Pros to signing short-term commercial leases. If you are not sure you want to remain in the same location or expect future growth or are just unsure about the future of the company then a short-term renting might be the best option. If your business is more established, financially stable, and not expecting to expand rapidly then you are better suited for a long-term commercial real estate lease.

In the meantime, if you are looking for commercial real estate then log on to Myrsa and start renting.

December 1, 2018 0

Reasons Why Food Truck In Office Park Is A Must!

The traditional office park – a cluster of neutral, boring buildings surrounded by wide parking lots and highways – is dying. Given Millennials’ propensity for walking and express-casual restaurants, a number of American companies are either refurbishing their suburban office parks to simulate an urban environment or uprooting for the city.

Companies want to move to spaces where millennials are located.

In order to make suburban office parks attractive to inherent residents, companies are adding urban amenities, like restaurants, bars, coffee shops, grocery stores, playgrounds, and event spaces.

Google and Facebook’s sprawling offices offer a sign of what the future could look like. The two tech companies are spending millions to build engaging campuses for their employees. At their corporate campuses, there will soon be new advancements that will include stores, eateries, transit stops, and thousands of units of housing.

Related post: Your space is your leverage!

These developments paint a promising picture of what office parks could become: Areas where people are not only able to work, but live, eat, and access transit, too.

The report found that two main factors could predict that level of obsolescence: vicinity to mass transit and access to amenities like lunch and shopping. It’s no accident that fitness-focused and food-savvy millennials share those preferences.

A millennial-driven migration

Millennials are inspiring these changes because there are 75 million of them. People between 20 and 36 years old outnumber every other generation and businesses either want to hire them or sell to them (often both).

If you are looking to provide your employees with a convenient and rotating lineup of fresh, delicious food truck eats. Business park lunches are the solution to work sites where food choices are bound. Give your workers the option of amazing food.

Myrsa is a platform where you can monetize your office parks. Food truck in office parks can be a great business prospect for you.

You can list your business parks on the website and rent it out to food truck brands. You can rent out your parks on a temporary basis, for instance, if you need food trucks only for a specific time you can mention it in your profile.

Related post: Spaces for Food Truck Parking

Lunch Right Where You Want It

Searching for the closest food options has come to an end. Bring food trucks to your workplace and create a fun business lunch solution. No need for any permanent infrastructure.

Countless Choices

Satisfying your employees has never been easier. With a network of different brands of food trucks, there is a wide assortment of choices, from healthy and vegetarian options to burgers, tacos and pizza. No one will ever forget their lunch money again.

Support Local Business

98% of food trucks are small companies owned or operated by chef-entrepreneurs. Support your community and bring local food trucks to your business park lunch. Parking spaces for food trucks is a huge problem right now and for that, temporary renting space which already has a permit is a better option. If your spaces are listed on Myrsa then the food truck brands can easily find the spaces they like.

A constant footfall in this area is also a great opportunity for them. The office employees strolling in the evenings become great customers for them.

These are the possibilities in your own office park, listing your spaces on Myrsa will get you a step closer to it.

November 17, 2018 0

Flea Market Events & What You Can Do About It.

Mumbai, the city of dreams. The vibe of the city is distinct. Being a metropolis, you can find everything here…from the fanciest cars to designer stores, it’s all here!

Mumbai also called the Fashion Capital of India. One of the most fun experiences here is Mumbai’s street shopping and its flea market. Here people are always looking for a reason to shop. From festivals to celebrations everyone has to buy something during these times.

What is a Flea Market?

Flea market or otherwise called a swap meet. This market offers or rents spaces to the people who need to offer or trade stock. Seasonal products, inexpensive items, collectibles, and antiquities are all sold here. Moreover, you can locate an awesome decent variety of items. Also, fresh produce or baked goods, plants from neighborhood local farms and vintage clothes can be found.

If we talk about the space, it may be held outdoors, in a ground or parking lot. They are held annually, semiannually, monthly, or on weekends. It is not like street vending.

For the space owners

Renting a space to sell goods at Flea Market is quick, simple and a smart way to make more money. Outdoor seller spaces are an ideal location to organize a flea market. New sellers often use an outdoor space to experiment new products for a few weekends and, if their business grows, they decide to move to an indoor shop. Moreover, sellers who sell Handicrafts or Artifacts need huge outdoor spaces to sell their products.

For business owners

If you want to start a business then a Flea Market Event is a perfect fit for you. Additionally, it has some great advantages that your business will definitely need. Want to know what? Here are some.

1. Affordable spaces.

Starting a business is not an easy attempt, as many of you may have heard. It is expensive and you could have to pay for everything somehow. But flea market doesn’t have to be like that, you

can decide on what type of spaces you want. According to your budget and according to the number of days, you can have your spaces at very affordable rates. Suppose if you want a premium spot its price would be a little high. In short, the price would vary depending on the type of space you want.

2. Switching locations.

One of the great advantages of selling at a Flea Market is that you are not held for a yearly or a monthly contract. If you are a small or a new business flea market offers great flexibility. You don’t always have to sell in the same place. Depending on the type of your product, the demographic you are trying to reach or possibly there are already people selling the same type of commodity as you. So its easily possible for you to switch the location according to your preference. Sometimes the product is seasonal like Sweaters, Mufflers, Jackets, etc which are used in Winters or Raincoats, Gumboots, Umbrellas, etc that are used in Rainy. Arent Flea markets events a big advantage to your business?

3. Great Foot Traffic.

If you are a new or small business people are not going to be aware of your existence. Growing your brand or creating its awareness is something that needs time. But that doesn’t imply that you should believe that sales will be slow in the start. You just need to get out and let people know that you exist! Flea Market events in Mumbai offer lots of foot traffic because people like to go to shopping and everyone has been to the mall, but people are always looking for something new, different or just something cheap, will surely check out a Flea Market.

4. Everything Under One Roof.

This is one of the greatest advantages your business will have. People are always looking for a place where they get everything under one roof. From clothes, eatables, accessories, to home decors and everything else the list goes on and on. People visit a flea market as they get everything under one roof. Like a variety of clothes at an affordable price. Artistic Handicrafts, antiques, elegant furniture, beautiful home decors and more.

Myrsa is a platform where space owners meet brands. If you are a space owner Myrsa will help you rent it out to brands that actually need to spaces for a flea market. And similarly, brands can find their perfect space to hold flea market events. Visit our website to know more and start renting!

November 5, 2018 0

How To Use Your Empty Open Garden Event Space?

Open garden event space is becoming a popular choice due to their limitless opportunities and the feeling that they can convey about your event. There are endless advantages to incorporating your personal style and interests into the natural ambiance of an outdoor venue.

Sometimes, it’s nice to escape the concrete jungle and head to the great outdoors. If anyone’s going to be hosting a party, a corporate function, or even a wedding, consider one of these garden-themed venues for the perfect outdoor party.

Planning the big event is indeed a task but if you choose the perfect destination its half the work is done.

The best practices surrounding event venues are emerging just as quickly as the event industry itself. Be certain to stay on top of the event venue.

As we accelerate into 2018, the events space is swiftly changing — and we mean “space” in the most literal sense. In fact, you can expect some huge changes in attendee expectations when it comes to the venues where you’ll host this year’s events.

Unique venues leave a long-lasting impact on clients and make for events that are equally memorable. No one remembers “that one time” they were stuck sitting in a hotel ballroom for hours, but they will remember the time their company took over a local garden or had a pop-up event in a serene public space. It’s a quintessential ingredient for creating your event more than just another conference or meeting.

The different types of event that can happen in your garden space are:

a music festival
a fair or market day with musical performers
a food and wine festival with jazz or bands
a dance performance
a cultural day with ethnic cultural music and dance from all over the world!
a parade or sports event
a food festival
the outdoor cinema event
a garden party with music and entertainment
a wedding

If you have a garden space then you can use them to rent it out for all these activities. And earning can be as easy as that! Just list your spaces on Myrsa.

Better listing of your space will make it attractive to customers and make it more visible making you have lots of bookings.

Things to list your garden space outdoor event:

The first and foremost thing to do is to properly describe your space( the size, access etc)
The second thing would be to upload photos of your venue that will make it gain more confidence from the client’s side.
What is the location of your garden? Specify the route and what all transportation is required to reach there.
Mention about what kind of events are you planning to have in your space? Who are your intended brands?
What days of the week is your garden available to be rented out? Maintain the price accordingly. (ie weekends and weekdays)
Respond to the requests on time, to have proper contact with the brands.
Are there other events nearby on the same day?
Arrange site visits for the brands that are interested in your space?
Allow online payments to be made in Myrsa. It is safe!
After every successful event asks the client to leave a review on your listing so that new renters can gain trust in you.

With Myrsa you can let out your open garden event space on rent. Your empty spaces can be so much more than you always think. And Myrsa lets all your imaginations come true. So go ahead and earn from your garden space and having a diversity of events!

October 26, 2018 0

Best Ways To Use Your Empty Parking Space!

Vacant parking lots are not a myth at the present time. Despite the fact that personal car usages are at consistently rising rates a portion of the parking areas still remains to stay vacant. This would be possible for a new building that still needs to fill up their apartments. Or on the other hand, it could be commercial parking lots that are only useful for a certain amount of time and then stay vacant. Or then again even a private parking area that might be vacant amid the day. Haven’t you thought about how you can make a profit off this temporary vacant parking spot?

Here, we are going to talk about what you can do with the empty parking spaces in India if they weren’t mandated as car storage.

The sky is kind of the limit when it comes to making better use of these empty parking spaces, but here are the couple of specific examples of how cities across our country are transforming unused parking into more productive things that offer true benefits to the society, not just temporary car storage.

1.Food truck

Food trucks owners can park their food trucks in the parking spaces of societies or office complexes by renting it for a few hours. Mall parking lots or open parking of offices are good fits for food trucks! Utilize them to rent your space for food truck parking.

If you can’t get a parking lot altogether, you can at least utilize it in a better way by converting an appropriate portion of the space into a food truck area. Whether it’s just a couple spaces reserved for a truck, spaces open to multiple trucks, or even cozy chairs, umbrellas and tables for people to eat their food, this is a win-win situation. If you are the owner of the parking lot, you can rent out these spaces to make a little extra income and you’ll be taking your foot forward to a more active street life, as well as possibly attracting in more customers who may be interested in the food truck options. Food truck operators get a safe place to park and insured footfall from the surrounding businesses.

2.Parks

Fill your space with activity, not just asphalt.

Over the last few years, there have been many examples of cities deciding empty parking space to turn into parks. The transformation from an unutilized parking lot to active park just makes sense. As for the farms, parks essentially just need flat, empty land to begin with. In cities, where green land is particularly treasured and limited, a parking lot is practically guaranteed to produce lot more wealth for people and raise property rates than any parking lot or garage ever could.

On a smaller scale, street parking spaces are often transformed into “mini parks” for a short time or forever to offer outdoor seating and pop-up shop/cafe space. We can see these kinds of things in metropolitan cities these days.

3. Pop-up shops

Customers will be more likely to visit your store if you make their life a little easier. An empty parking space of some mall or a complex can be ideal in certain cities, that can be a good option in these days because of a lot of unused parking spaces available.

Analyse public conveyance routes to see if they run close to your potential store, and check parking meter rates, nearby paid parking lots, and times when street parking is free.

Pop-up shops need temporary parking spaces as they are always on the go! Rental parking spaces are the best for this purpose! Society parking spaces or parking lots of an office complex can be great locations for a pop-up shop!

4. Tasting events

New cafes & restaurants in town can have tasting events in parking spaces of societies or office complexes! Parking spaces assure footfall and are just enough for a stall or two! Rental parking spaces are a good fit for Food Tasting Events!

It’s a pretty smart idea to rent a stall in an empty parking. It gives your brand, a publicity in lesser investment as compared to other ways of advertising. It’s a win-win situation again.

So if you have a parking space that remains empty most of the times, think about all the ways you can make use of them to earn money. Myrsa will make it easier for you! If you wish to rent your parking space, list out your empty spaces on Myrsa on a temporary basis as you wish. And start regular footfalls in your parking space.

October 9, 2018 0

Prioritizing Your Conference Room To Get The Most Out Of Your Meetings

Meetings last for a fair amount of time in an office. Unfortunately, a lot of these meetings are often unfruitful and dreaded by the employees as a waste of time because of poor outlining and management. While productive meeting management is a topic by itself, this article will focus on the role of the right office atmosphere for fruitful and productive meetings.

Rent a meeting room in advance
Depending on the role and how many people are attending the meeting, you have to pick the right size and type of the meeting room. For example, sometimes, it will be necessary to book a conference room or boardroom, while in other cases a small meeting room may serve.

Monitor for the right equipment in the meeting room
Based on the objective of the meeting and the attendees, forecast the equipment needs for the meeting. Would you need computers or laptops? Is there any need for a projector? A whiteboard? Flip charts? Telephones with speakers?

Several meeting rooms may not always provide you with all these types of equipment, and it helps to prepare for these in advance so that they are all set up well in advance of the meeting.

We have lost our precious time simply because the equipment had not been set up well prior. A bit of careful advance preparation can give such a colossal boost to the fruitfulness of meetings.

Ensure ample setting
It goes without saying that attendees in the room have to feel comfortable so that they can concentrate and be focused enough on the meeting rather than being bothered by some discomfort.

For instance, turn on the air-conditioner and set it to a pleasant temperature (around 22-23 degrees Celsius ideally) a few minutes before the meeting is assumed to start.

In the hot and humid climate of Mumbai, people often come sweating extensively into a meeting. How they’d welcome walking into a room that is pleasantly cooled!

Test acoustics of the room for telephonic/video conferencing
If you are expecting to conduct a meeting by videoconference or teleconference, check whether the systems are working fine, particularly the sound systems and the acoustics in the room.

It is very irritating to attend remote meetings with echos and a lot of background noise. In fact, some particularly-demanding clients drop such remote meetings because of bad audio or video connections.

Make the room sound-proof
Ideally, the rooms are located far away from one another; but in case they are not, it is advisable to notify the staff in the region of the meeting room about the meeting going on so that they take care and do not disturb.

Certainly, if you plan to rent unfurnished office space and customize that space, you can plan the arrangement of your conference room or boardroom taking this factor into consideration.

What if your office has insufficient space
Thankfully, even if your current office space doesn’t have the needed space or the amenities, there are excellent options available to rent meeting rooms in Mumbai on an as-you-need support.
Compared to hotels which also offer meeting room amenities, the corporate meeting venue rentals like the one from Myrsa tend to be more profitable (mainly because hotels usually make their money from the food/catering part of the package!).

So, the next time you are looking to organize an important meeting and you want to rent conference halls or empty office space on rent, simply reach out to Myrsa. Myrsa offers excellent options for renting a meeting room, shared co-working spaces and renting offices for solo-entrepreneurs. Visit our website today for registering your empty space for rent or even finding the perfect space for you.

September 28, 2018 0

Ways You Can Turn Empty Shopping Centre Unit Into Success

Shopping centres have generally been a place for discovery and network for customers. In any case, 20-25% of shopping centres are anticipated to shutter down in the following 5 years and mall proprietors are scrambling to re-examine the long haul rent approach while still emphasizing the communal aspect that these centres are known for.

While a long-term rent commitment is perfect, a pop-up activity isn’t completely ugly to proprietors. That is on the grounds that the possibility of acquiring some rent is superior to no rent by any means. The aesthetic value that a bustling pop-up operation can add to an area ought to likewise not be neglected. It can just help shopper certainty and show off the retail space as being desirable. The short length of these rents can likewise be a gigantic advantage to landowners by giving prompt mortgage assistance while leaving prospects open for long-haul renters once the market (even a hyper-confined one) turns out to be more positive.

This new way to deal with how shopping centres are organized is coming when retailers are centred around experiential and short-term retail techniques to draw customers – ongoing information from a Millennial Survey demonstrates that 71 percent of twenty to thirty-year-olds trust an essentially improved retail experience would build their in-store visits and purchases. For shopping centre owners, the answer to keeping the businesses afloat has been about embracing a pop-up store and mixed-use concept to appeal to these experience-minded buyers and retailers.

Controlling tenant turnover

While concentrating on making a better experience to drive deals, shopping centre owners are additionally directing their concentration toward the unfilled spaces that once housed massive store retailers willing to focus on a 10-multi-year lease. Such anchor tenants are progressively breaking their leases, leaving owners to make these spaces as amiable to newer, short-term renters as possible. Dedicating renting offices for these short-term concepts, shopping centres are currently open to utilizing pop up stores to fill the empty stay store spaces with immersive and experiential retail activations, driving both local and national brands alike.

By showing a better handle on filling the once long-held rent, shopping centre units can create a better and diverse retail experience, with an expansion in foot traffic as a result. This updated rent blend gives shopping centre owners the chance to make the kinds of experiences that the digital landscape alone can’t offer, restoring shopping centres all in all.

The pop-up approach that’s here to stay

With an increase in sales, excitement and foot traffic, shopping centres owners are utilizing short-term and experiential ideas to give shopping centres the facelift it needs to flourish in this new retail scene. As retail is turning over more every now and again than before, redeveloping these centre’s rustle up new business with included blended utilize attractions, as well as with short-term ideas that expand the shopping centre’s visibility and keep it top of mind for local consumers.

The physical store is an essential segment of the luxury retail brand’s prosperity. Enter: the pop-up store, ideal for testing out a physical retail presence on short-term, regardless of whether it’s surprisingly or to grow its quality in a totally new area. Also, it’s practical, and an imaginative route for luxury retailers to exhibit things like brand story, new items, or collaborations.