There are so many issues associated with renewal that keeping
track of what deserves to be at the top of the list is not easy. But here is a
view from one of our traders along with an invitation for all traders to contribute
their thoughts.
"With
todays current economic climate, what do you see as the biggest challenges for
the QVM going forward?
1. Customers are
time poor
• In todays modern day society, we are
all working longer hours, population growth is spreading further and further
out (look at me, I live in Wallan), and this means that customers have less
time to spend travelling to shopping destinations.
2. Higher costs
of living
• With the price of utilities
increasing, petrol, tolls and parking (City of Melbourne adding a Congestion
Tax to all parking spaces to reduce the number of cars travelling to the city)
these will all contribute to customers looking at the overall cost of the day
to the market, versus a visit to the new local shopping that has been built in
the estate just up the road from them, selling items at around the same prices
as the market.
3. Hours of
operation
• Our current hours of operation do
not reflect todays modern day shopper whether they be local, interstate tourist
or international traveller. The City of Melbourne now advertises that they are
open until 7pm every night. With our current hours of operation, we miss out on
the potential for all the locals (approx. 1,000,000 people and growing – we have several high rise apartment blocks
currently under construction, plus the 5 or 6 that are due to start in the near
future).
• We are currently in a Buyers market,
where they can dictate to us, if they will shop with us, or they will shop
elsewhere as there is now so many options available 24 hours a day.
4. Weather
• I feel that with our market being
exposed to all the elements, this is hurting our trade in these harder economic
times. If we could improve the protection around the market, and reduce the
strong winds and rain from getting into the sheds, it would provide a better
experience for all. We also need to provide some protection at the Queen Street
ATMs, so customers do not need to queue up in the rain."
- Lance Dyer.