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Decision Support Systems xxx (2018) xxx–xxx

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Decision Support Systems

journal homepage: www.elsevier.com/locate/dss

Digital strategies for two-sided markets: A case study of shopping malls


Johan Frishammar a,⁎, Javier Cenamor b, Harald Cavalli-Björkman c, Emma Hernell d, Johan Carlsson e
a
Entrepreneurship & Innovation, Luleå University of Technology, SE -971 87 Luleå, Sweden
b
Department of Business Administration, School of Economics and Management, Lund University, S220 07 Lund, Sweden
c
re:newcell AB, Cardellgatan 1, SE-114 36 Stockholm, Sweden
d
HUI Research, SE-103 29 Stockholm, Sweden
e
EVRY Sweden AB, Olof Asklunds Gata 10, 421 30 Västra Frölunda, Sweden

a r t i c l e i n f o a b s t r a c t

Article history: Digitalization is fundamentally changing the retailing ecosystem for shopping malls as digital and analogue ele-
Received 3 January 2017 ments get increasingly intertwined. We conceptualize shopping malls as two-sided markets whose primary func-
Received in revised form 30 January 2018 tion is connecting shoppers and retailers. By means of an interpretative case study, the article then presents an
Accepted 7 February 2018
omnichannel strategy typology for how shopping malls can meet the evolving digitalization challenge. We iden-
Available online xxxx
tify three generic strategies labeled digital awaiter, digital data gatherer, and digital embracer. The paper provides
Keywords:
implications for research in omnichannel strategies, digitalization, and two-sided markets by explicating differ-
Digitalization ent strategies that involve physical and digital resources, and different ecosystem agents, i.e., retailers and shop-
Two-sided market pers. It also provides insights for other organizations beyond retailing and which operate under a two-sided
Omnichannel strategies market regime.
Shopping mall © 2018 Elsevier B.V. All rights reserved.
Retailing
Interpretative case study

1. Introduction driver of retailers' day-to-day decisions [8]. Moreover, information


management on a massive scale now enables firms to combine digital
Retailing is a key sector in the modern economy, allowing the deliv- and physical elements to offer novel products and services [9,10]. In
ery of products and services to shoppers [1]. In 2014, there were more this respect, an increasingly large number of retailers are implementing
than 114.000 shopping malls in the United States only, generating digital technologies to exploit efficiency gains, to broaden their portfolio
$2.52 trillion in turnaround and providing 12.7 million people with a of activities, and to enhance availability for shoppers [11–13]. In fact,
job [2]. Shopping malls have become a globally distributed phenome- some physical retailers, such as music stores, have almost disappeared
non with more than 1.500 and 3.000 malls in the UK and Japan, respec- because of the rapid spread of digital platforms [14]. Thus, digitalization
tively. Examples of shopping malls include the Xanadú outside Madrid is changing retailers by providing alternatives to traditional business
in Spain, the Mall of America in Bloomington, US, or the Mall of Scandi- models [15]. However, the role of the shopping mall in this emerging
navia in Stockholm, Sweden. digital context is poorly understood.
Shopping malls play a central role in the retail ecosystem by bringing Digitalization represents a widespread, evolving phenomenon that
together groups of shoppers and retailers. The traditional activities of is attracting an increasingly large number of studies [16]. Broadly de-
shopping malls is managing physical facilities, such as security and fined, digitalization refers to the integration of digital technologies to
maintenance operations, that enable retailers to trade effectively [3,4]. transform activities, processes, actors, and goods from analogue to dig-
Recently, however, digital technologies are seriously challenging tradi- ital to facilitate new forms of value creation [17]. The literature has ex-
tional retailing [5,6]. Specifically, digital technologies are devices char- tensively elaborated new ways for value creation enabled by diverse
acterized by easily programming a wide arrange of features; the digital technologies, like ICTs and sensors [18–20]. Regarding retailing,
homogenization of data that can be efficiently stored, transmitted, proc- the literature highlights the potential benefits for retailers to implement
essed, and displayed; and the network effects that accelerate their diffu- shopping analytics [21] and omnichannel strategies [22]. For example,
sion [7]. For example, electronic word of mouth has become a critical some retailers are installing sensors to track consumer's behavior, and
screens in physical stores that allow shoppers to place online orders
with only a few clicks and receive products at home later. Thus, digital
⁎ Corresponding author.
E-mail addresses: Johan.Frishammar@ltu.se (J. Frishammar), javier.cenamor@fek.lu.se
technologies may leverage the value a mall's physical assets provide.
(J. Cenamor), harald.cavalli-bjorkman@renewcell.com (H. Cavalli-Björkman), For example, the Australian mall Westfield launched an online mall al-
emma.hernell@hui.se (E. Hernell), johan.carlsson@evry.com (J. Carlsson). ready in 2011 to complement their physical activities.

https://doi.org/10.1016/j.dss.2018.02.003
0167-9236/© 2018 Elsevier B.V. All rights reserved.

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
2 J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx

However, recent research highlights that the long-term success of agents on the other side [39]. In two-sided markets, the decisions of
digitalization is far more complex than just turning all the physical to one side impact the other side, and vice versa [44]. For example, one ad-
digital [23,24]. The integration of multiple distribution channels implies ditional retailer increases the value to shoppers as product variety ex-
important resource and process decisions with uncertain reactions from pands, and additional shoppers increase the value to retailers.
customers [25]. In this respect, indiscriminate digital initiatives can A platform owner's aim, therefore, is to get both sides of the market
erode a firm's competitive advantage [26]. Specifically, a substantial in- on board [45]. Accordingly, a shopping mall's strategy must pay deliber-
vestment in developing new digital services may lead to new service of- ate attention to both sides and should assure value by clearly defining
ferings without revenues compensating the higher costs [27]. For the roles of the two sides. In this respect, shopping malls try to attract
example, online users need different signals when evaluating products, agents from both sides by maximizing the value provided by their phys-
especially those provided by unknown online sellers [28,29]. Moreover, ical assets. Literature claims that attracting agents to one side of the
recent studies also defend the complementary role of physical assets, market is contingent on first attracting some on the other side [46]. Tra-
and underscore the need for balancing digital and physical resources ditionally, choosing a location in close proximity to targeted shoppers
[22,30]. In fact, important digital retailers are now integrating physical has been the key to attracting the shoppers and, subsequently, retailers
assets into their business model [17]. For example, Amazon bought searching for those shoppers [47]. Popular retailers attract more shop-
the organic food chain Whole Foods in 2017 [31]. Thus, digital technol- pers that enhance the value of the shopping mall, benefit the rest of
ogies are pushing firms to adapt their strategies toward digital-physical the retailers in the mall, and feed a virtuous cycle. Distance has acted
resource orchestration, external interactions, and a focus on ecosystem as a barrier for competition, often creating local quasi-monopolies. Spe-
value creation [32]. This means that defining a digital strategy repre- cifically, a platform tends to tip the market when the costs of adopting
sents a complex challenge that must be addressed to ensure survival several platforms are high [40]. In other words, physical distance limits
[33]. In this respect, the literature has identified different types of mall the number of shopping malls that shoppers visit. Consequently, in this
orientations [34]. However, the understanding of digital strategies is traditional structure, assuring that shoppers have access to the mall has
still limited and mainly focused on individual retailers rather than shop- given some shopping malls bargaining power to obtain increasing reve-
ping malls [6,21,35]. nues from retailers [48]. Specifically, the shopping malls typically facili-
A digital strategy typology for shopping malls, therefore, is relevant tate shoppers the access to their buildings and adapt their facilities to
for several reasons. First, digital technologies are transforming organiza- maximize the shopping experience. In this respect, shoppers often re-
tions, but a clear characterization of different digital strategies is lacking ceive shopping mall's services for free, like parking, while the shopping
[23]. Second, digitalization does not occur in isolation, so physical assets mall charges rents to retailers for the physical space occupied by their
will continue to play a key role by means of omnichannel logic. How- stores. Traditionally, the mall thus selects an attractive physical location,
ever, it is not yet clear what strategic options exist for a mall to bundle assure an appropriate combination of stores, and sign exclusivity con-
physical and digital assets in an offer that is valuable to both retailers tracts [49]. For example, exclusivity dictates that only one (or a few) re-
and shoppers [36]. Finally, online competition from individual retailers tailers of a certain type may operate in a certain area.
in a shopping mall may undermine revenues generated from physical Digitalization is now changing much of this traditional logic. Digital
malls [see e.g., 37]. Shopping malls often struggle to compete with on- technologies have spread gradually and now represent a shift in busi-
line retailers' convenience, accessibility, and endless product selection ness strategies in many industries, including retailing [23]. Given the
[38]. Thus, there is a need for shopping malls to find new avenues for wide variety of contexts, digital technologies have reached a broad
a broadened value proposition. scope [17,50,51]. Compared to analogue, digital technologies enable
In the present article, we propose digital strategies for shopping new functions and facilitate the management of data [7]. Thus,
malls. Based on the idea that shopping malls bridge retailers and shop- implementing digital technologies is transforming how firms define
pers, we adopt a two-sided market approach [39]. We contribute to pre- the source of value and the value proposition. In particular, the litera-
vious research on omnichannel strategies, digitalization, and two-sided ture has highlighted the benefits of e-commerce [19,52] and argues
markets by proposing a strategy typology to better understand the role that firms can create value through digital technologies in the form of
of digital technologies and how these can be combined with physical el- efficiency, complementarity, novelty, and lock-in [53]. In this respect,
ements into omnichannel strategies. The present article, therefore, individual retailers have adopted digital technologies that allow them
speaks to owners of physical shopping malls (i.e., landlords) but also to provide services at an unprecedented scale [11]. For example, some
to retail development managers, consultants, and others devoted to de- retailers provide shoppers with real-time, customized experiences
veloping shopping malls. It also provides insights to other firms and to with data collected from shoppers' smartphones [5], e.g. a social route
academics interested in digital strategies for two-sided markets. recommender mechanism for store shopping. Their customers can use
This article proceeds as follows: Section two presents the back- a mobile-based guidance service for in-store shopping that combines
ground of shopping malls as two-sided markets, whereas section users' shopping preferences, contextual information, and social infor-
three presents the methods. Section four presents a digital strategy ty- mation [54]. Moreover, digital technologies may allow retailers to im-
pology for shopping malls. In section five, we discuss our findings and prove their management operations and reduce their costs. For
provide implications. example, as of August 2015, 87 million users in the US visited Walmart's
websites each month [55]. Thus, retailers have started to consider digital
2. Digitalization and shopping malls: A traditional two-sided market technologies as an alternative platform that provides a direct relation-
facing the digital era ship with shoppers. In fact, the spread of digital technologies has led
to the emergence and growth of giant digital retailers. For example, Am-
Shopping malls' main activity is enabling interactions between two azon started as an online seller of just books, but transcended success-
groups of agents: retailers and shoppers. Shopping malls thus create fully into delivering a diverse range of services [56]. For shoppers,
value by playing a role in a specific market structure, i.e. as platform digital technologies save time and improve both the evaluation and ac-
owner in a two-sided market [40]. Parallel examples include video con- quisition of products and services [57–60]. From the shopper's perspec-
soles (with video game publishers and gamers), and payment cards tive, retailers' platforms often represent an efficient solution that can be
(with card-readers and card-holders) [41,42]. Unlike linear value chains adopted with little or no cost.
where suppliers provide firms with inputs, and firms deliver products In this rapidly changing context, digitalization is questioning the tra-
and services to customers, complementary firms and customers interact ditional value proposition of shopping malls for retailers and shoppers.
through the platform [43]. In this context, the value provided by the Many retailers can circumvent the mall and easily reach shoppers di-
platform to each side is highly dependent on the size and the type of rectly through their own digital platforms. Thus, by creating cross-

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx 3

channel free riding opportunities for customers, retailers can circum- omnichannel problems and opportunities, current digital transforma-
vent the physical shopping mall. New digital platforms are thus emerg- tion, and strategic initiatives of various types of malls. In addition, an ad-
ing as a potential substitute to shopping malls in the intermediation of ditional eight smaller workshops and work meetings were held to
the interactions between retailers and shoppers [19,61]. However, re- develop the strategy framework. The first three workshops were critical
cent research criticize the total substitutability of physical resources for the research process as they enabled fluent interactions with a large
by defending the complexity of retailing and the need for omnichannel number of stakeholders in real time. They also provided us with rich in-
strategies combining physical and digital resources [11,17,30]. In this formation and critical feedback for developing the strategy typology as
respect, physical resources, such as mall facilities, provide a unique emergent versions were presented, discussed and subsequently revised.
value in the buying experience that cannot be totally replaced. For ex- The insights made during the first three major workshops also fed di-
ample, customers are increasingly using brick-and-mortar stores as rectly into the interview protocol and into the construction of the sur-
showrooms to try the product before buying it online later [62]. vey (see Appendices 1 and 2). At the fourth workshop, which was
Therefore, the ongoing digitalization represents an array of opportu- held about ten months after the third, the final version of the strategy
nities for shopping malls too. Specifically, the digital sphere offers shop- typology was presented. The purpose of this final workshop was to val-
ping malls a set of tools to better manage the interactions between idate the strategy typology and to discuss its implementation in partic-
retailers and shoppers through connectivity enhancements and big ipating organizations.
data analytics [63]. Moreover, they can also enhance shoppers' value Second, a survey was sent to 1.173 members of the Nordic Council of
by leveraging the networked nature of digital technologies. Examples Shopping Centers, an association that represents the shopping mall in-
include building relationships through apps to help shoppers locate dustry in Denmark, Finland, Norway and Sweden. 70 completed surveys
stores and building bonds through social media [64]. Despite the poten- were received, with respondents being retailers and property owners.
tial for value creation, however, a large number of shopping malls fail in The survey complemented the workshops with descriptive background
designing a successful strategy in the digital context [45]. While recent information regarding digitalization and deepened the understanding
research have identified different digitalization paths [33,65], high tech- of digital technologies, services, and strategies of shopping malls. Specif-
nological dynamism and the specific roles of the firms [52,66,67] limit ically, we gained insights into what characterized the current strategies
the application of previous findings to shopping malls. For example, of different types of malls, that the locus of responsibility for developing
many of these prior studies focus on firms situated in a traditional strategy may vary, which services, tools and digital platforms that
value chain, rather than those operating under a two-sided market prevailed, capabilities and capability gaps of different actors, digital op-
logic. portunities and challenges, the current use of digital tools, and the driv-
In sum, the insights into strategies for shopping malls facing the dig- ing forces for investments in digital technologies. As some of our
italization challenge are scarce and a deeper understanding of digital questions were open-ended, we were also notified of malls believed to
strategies of shopping malls is critical, as no such typology yet exists. be leading in digitalization, in both the Nordic countries and elsewhere.
Based on the digitalization and two-sided market literatures, we ex- The questions and items from the survey, some open-ended and others
plored shopping malls' strategies, choices, and challenges. The next sec- with pre-defined decision alternatives are displayed in appendix 2. In-
tion outlines our method for doing so. sights from the survey and from the workshops were helpful for con-
structing pre-versions of the strategy typology, and for constructing
3. Methods the protocol for the subsequent interviews.
Third, interviews were conducted with a broad set of actors with ex-
3.1. Research strategy pertise in digitalization of retailing, including information technology
(IT) and service providers, marketing communications experts focusing
Research on strategies to address digitalization of shopping malls is on real estate markets, shopping mall managers, and representatives
nascent. We therefore adopted an interpretative case study as our re- from firms specializing in shopper- and big data analytics. The inter-
search strategy, which is appropriate when prior research is at the views varied between 45 and 75 min with an average of 60 min and
early, formative stages [68,69]. Our study was guided by prior literature provided input on strategy challenges, digitalization trends, activities,
on digitalization and two-sided markets, which created a theoretical and types of digital services offered to both retailers and shoppers/visi-
basis for the empirical study. While these literatures constituted our tors. Some of the later interviews were also helpful in validating the
basis, we followed prior advice for interpretative case studies and pre- emerging strategy framework.
served a considerable degree of openness to the data, i.e. we allowed ini-
tial assumptions to be modified and codes and themes to be generated 3.3. Data analysis
from data [70,71]. The final output of our analysis is a strategy typology.
That is, we strive to build theory rather than to test or verify it [72]. We relied on thematic analysis to analyze the data. Thematic analy-
sis is a method for identifying, analyzing and reporting patterns and
3.2. Research setting and data collection themes within data which is consistent with the interpretative case
study approach [74]. The analysis was a constant moving back-and-
Our research setting is the shopping mall sector in the Nordic coun- forth among data, emerging analysis in the form of ideas, codes and
tries. While some descriptive survey data was collected in Denmark, themes, and literature. We adapted the phases proposed by Braun &
Finland and Norway, the clear majority of all data was collected in Swe- Clarke [74] to structure our analysis, although these by no means un-
den. The Nordic countries is an appropriate setting for a study like ours folded sequentially.
because of a large shopping mall sector, with many shopping malls uti-
lizing digital technologies in their day-to-day operations [73]. The pres- 3.3.1. Phase 1: Familiarizing yourself with the data
ent study's unit of analysis is thus shopping malls. Data collection took We continuously visited and reflected upon parts of the data during
place between November 2014 and November 2015, and combined data collection, e.g. after conducting workshops and interviews. When
three sources of data as summarized in Table 1. all data was collected, we read it carefully to get familiar with the
First, three large workshops gathered together owners and managers depth and breadth of contents prior to starting formal coding (i.e. we
of shopping malls, property owners, consultants, and researchers with read the complete workshop notes, transcribed interviews and descrip-
an interest and combined expertise in retailing, digitalization, and strat- tive survey data). This improved the contextual understanding of the
egy. The workshops provided in-depth information about the overall shopping mall sector and led to preliminary ideas regarding opportuni-
shopping mall context, general trends and future challenges, ties and threats for malls, sector-specific challenges, the role of digital

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
4 J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx

Table 1
Descriptive overview of sample and data.

Data source Companies involved Position(s) Country Date

Workshop Vasakronan, Bring, Atrium Ljungberg, Jones Lang LaSalle, Business development manager, marketing director, business area Sweden 2014/11/06
United Minds, Luleå University of Technology manager, head of corporate solutions, senior consultant, analysts,
researcher
Workshop Vasakronan, Bring, Atrium Ljungberg, Jones Lang LaSalle, Business development manager, marketing director, business area Sweden 2015/01/20
Nordic Council of Shopping Centers, United Minds, Luleå manager, head of corporate solutions, CEO, senior consultant,
University of Technology analysts, researcher
Workshop Vasakronan, Atrium Ljungberg, Jones Lang LaSalle, Nordic Business development manager, marketing director, business area Sweden 2015/03/17
Council of Shopping Centers, United Minds, Luleå manager, head of corporate solutions, CEO, senior consultant,
University of Technology analysts, researcher
Survey 70 organizations Property owners, consultants Denmark, 2015/04/16
Finland, (2 reminders)
Norway,
Sweden
Interview Facility Lab CEO Sweden 2015/08/31
Interview Senion Lab Vice president Sweden 2015/09/01
Interview Dunnhumby Global capability manager United 2015/09/09
Kingdom
Group Bumbee Labs CEO, head of board Sweden 2015/09/18
interview
Interview AMF Fastigheter Business developer Sweden 2015/09/22
Group Innesco Account manager, managing director United 2015/09/22
interview Kingdom
Interview GeKås Store manager Sweden 2015/09/22
Workshop Vasakronan, Atrium Ljungberg, Jones Lang LaSalle, Nordic Business development manager, marketing director, business area Sweden 2015/11/13
Council of Shopping Centers, United Minds, Luleå manager, head of corporate solutions, CEO, project manager, senior
University of Technology consultant, analysts, researcher

technologies in this setting, and some preliminary ideas for codes and technologies” and “Center of gravity”. These labels capture the “essence”
themes. of what each theme is about, and constitute the key dimensions of our
proposed strategy typology. These two remaining themes were then
3.3.2. Phase 2: Generate initial codes reviewed in two ways. First, we checked the data for each code orga-
We began coding by searching for segments or elements in data that nized under each of the two themes individually to assure they formed
appeared interesting given our research question. Digitalization and a coherent pattern. Second, we analyzed whether our candidate the-
two-sided market literatures were helpful here as a “sensitizing devise”. matic map (i.e. codes and themes overall) accurately reflected the
We coded and recoded the data over several weeks, paying particular meanings in the full set of data, and that distinctions between the two
attention to prior theoretical insights while simultaneously trying to themes were clear. Our final set of themes and codes are displayed in
avoid seeing only what prior theory suggested. Codes identify a feature the first two columns of Table 2. As additional validation, a close to
of the data that appear interesting [73]. Some of these features or in- final version of the strategy typology was presented at workshop 4,
sights emerged inductively from the data, e.g. that different types of dig- where feedback were obtained on codes, themes, labeling and contents
ital technologies were being used in malls, that digital service offers of the different strategies.
varied, and that different internal functions, such as marketing or IT,
had different strategic engagements and commitments in different
3.3.5. Phase 5: Writing a draft report
types of malls. Other features were theoretically aligned from the outset.
Based on the analysis we crafted a draft text for each strategy in the
For example, the fact that malls may differ in their value proposition to
typology, i.e. an analytic narrative that illustrates each strategy. Each
shoppers and retailers, respectively, is consistent with prior research on
text grounds in our data and analysis. According to Braun & Clarke
two-sided markets.
[74], such narratives must move beyond the pure description of data.
To accommodate this point, we also added examples of other malls
3.3.3. Phase 3: Searching for themes
form around the world that seem to follow the different strategies
We then moved to interpretative analysis at the broader level by
that constitute the typology. The next section contains the final versions
grouping the codes from phase 2 under potential overarching themes
of these narratives.
by means of excel tables and mind maps. Some initial codes where
now further relabeled to form themes, whereas others remained
codes or sub-themes. Phase 3 resulted in four preliminary themes 4. A digital strategy typology for shopping malls
(named Digital technologies, Focus of attention, Digital service scope
and Mall engagement in data collection) along with associated codes. The data collected from the survey highlight that digitalization is
We also created a category named “Miscellaneous” to gather codes transforming shopping mall activities. Among respondents, 41% found
that did not fit naturally into any other theme. Here, we also constructed developing digital services to be a challenge, and 61% reported
multiple draft version of the strategy framework by combining, adding connecting with consumers on new platforms to be a key challenge.
and removing emerging themes in different ways. Furthermore, in our survey, 44% of respondents reported that a great
challenge for shopping malls is to develop a coherent digital strategy,
3.3.4. Phase 4: Reviewing, defining and naming themes and only 37% said they had some sort of strategy in place to address dig-
This phase began with a set of candidate themes that immediately italization. Also, the level of development of digital capabilities varied
proved problematic. One theme−Digital service scope−were relabeled considerably. Our findings revealed that only 25% of survey respondents
and used as a code. Another theme−Mall engagement in data collection agreed or strongly agreed that they currently possessed the capabilities
−was not sufficiently supported with data. The remaining two candi- needed to digitalize shopping malls. During workshop two, a represen-
date themes were further refined and renamed “Role of digital tative from a mall owning company also told us:

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx 5

Table 2
Overview for all three strategies.

Themes Analytic dimensions Digital awaiter Digital data gatherer Digital embracer
(codes)

Role of digital Type of digital Basic, generally accepted Big data Big data and interactive tools
technologies technologies used
Digital service Low for center owner (and by extension Low for center owner (but may be high for High for center owners and high for
complexity low for shoppers and retailers) retailers and shoppers) retailers and shoppers
Key Marketing (to run FB, webpage, etc.) IT (often in collaboration with Top management (because big tech is part
department/function technological supplier) of bus. strategy)
Center of Main direction of Center → Shoppers (through webpage; no Shoppers → Center → Retailers Cross- and same-side loops
gravity digital value flows mediating)
Digital value Find basic information (e.g. opening hours; More adapted physical experience New services, value, experiences, etc.
proposition to store location, etc.) (“INDIRECT” proposition) (“DIRECT” proposition)
shoppers
Digital value Provide basic information to shoppers More revenue due to efficient operations New transactions, increased sales,
proposition to and analytics (“DIRECT” proposition) coordinated actions (“DIRECT” proposition)
retailers
Intensity of demand- Low-intensity contribution for retailers and Low- to medium-intensity contribution for Medium- to high-intensity contribution for
and supply-side shoppers retailers and low for shoppers both (e.g., shoppers: sharing purchase
contribution inform, opinions, ideas; retailers: sharing
purchase information, collaborating with
other retailers to joint campaigns)
Examples of digital Postal services (i.e., getting merchandise in a Analysis of data to simplify and improve Platform for e-commerce (not of great
services mall that has been ordered online from an logistic services, flow measurements, find an interest for retail chains but valuable for
actor in the mall or one outside), empty parking lot (alternatively, find your smaller actors), common customer-specific
collaboration with other service providers car), measurement of size footfall, heat maps, platform by purchase and search history
(e.g., home delivery), free wifi, Information beacons, etc. (geofenced; messages can be individualized),
through web-page, Basic social media (e.g., bundled offerings (e.g., buy a book, get a
information through FB). coffee in another store), common platform
that allows retailers to send messages to
customers (i.e., iBeacons including geofencing
options)

“Crafting a digital strategy for our mall is difficult. There are so many di- The typology is based on the following fundamentals. None of these
mensions to take into account…the retailers, their customers… us of strategies is better than any other as such. As we will describe, examples
course, our competitors…all situated in a rapidly changing context. Plus of highly successful (and less successful) malls are found in each quad-
there is the threat of e-commerce.” rant. Moreover, all strategies are omnichannel strategies in the sense
that they combine digital and physical elements. Thus, although the
Combined, these data underscores the need for an integrative strat- role of the different elements varies by strategy, digital and physical el-
egy framework, which allow shopping malls to analyze their strategic ements exist in all of them.
position and to define their future path. Specifically, we identified Two themes allowed us to delineate the strategies: the role of digital
three digitalization strategies for shopping malls, which we label digital technologies and the center of gravity. First, the role of digital technolo-
awaiter, digital data gatherer, and digital embracer (Fig. 1). gies refers to the importance that shopping malls attribute to
implementing digital technologies. It may vary from insignificant to
highly significant. The specific codes/elements underpinning this
theme are the type of digital technologies used, digital service complex-
ity, and the key department/function for pursuing digital technologies.
Second, center of gravity refers to the focus of shopping malls in provid-
ing value. Specifically, some shopping malls target their value offering
mainly toward one side of the market (typically the supply side, i.e. re-
tailers), whereas others focus on both sides (i.e. retailers and shoppers).
In delineating this theme, we propose differences in the direction of
digital information flows, the digital value proposition to shoppers,
the digital value proposition to retailers, and the intensity of demand
and supply side contributions. For themes and codes/elements, see
Table 2.

4.1. Digital awaiter

Digital awaiters use commonly accepted, mature digital technologies,


such as infrared beams, which count consumers that walk into and
out of the mall. These are basic and generally accepted technologies.
However, the digital awaiter position does not necessarily imply a neg-
ative attitude toward digitalization; it is more that shopping malls fol-
lowing this strategy do not currently believe in, or need, the added
value from implementing advanced digital technologies. In the words
of one of our interviewees, a business developer at AMF Fastigheter,
Fig. 1. Strategy typology for digitalization of shopping malls. who owns the Mood gallery mall in Stockholm, Sweden:

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
6 J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx

“We are reluctant to using fancy digital technologies…I'm sure they can upscale, and that does not fit our philosophy. We strive for the simple;
be great, they are probably very useful, but I would like to underscore our whole concept is built upon low prices.”
that we are not really…we are not there yet.”
However, malls following this strategy exist also outside the Nordic
In this respect, digital awaiters offer simple services like free Wi-Fi countries. An additional example of a digital awaiter is BR Malls, which is
and official websites with simple information such as opening hours. Latin America's largest shopping mall owner. In its San Paolo mall, they
Digital services offered have low complexity because they interact focus on physical assets and two-sided interactions. For example, they
with other elements in the mall in a rather simple way. For example, offer a space inside the mall to facilitate the exchange of clothing
91% of the malls in our survey used social media like Facebook. In among shoppers [75].
doing so, a majority of respondents claimed malls following this strat-
egy to view digital technologies or services as a secondary resource 4.2. Digital data gatherer
with a non-critical impact on their operations. As such, digitalization is
considered and addressed by the digital awaiter as a set of communica- Shopping malls following the digital data gatherer strategy go a step
tion decisions involving resources at the functional level. In fact, our further and use increasingly sophisticated and complex digital technolo-
workshop discussions show that the decisions related to digital technol- gies, such as beacons or geo-fencing solutions, to collect vast amounts
ogies are usually assumed by the marketing department/function. As of big data from shoppers in the physical world. They use this data to op-
one of the workshop participants phrased it: timize store location, cut “cold corners” or to facilitate the flow of shop-
pers in and out of the mall. First and foremost, however, they feed this
“Marketing tools is a marketing responsibility. It is their responsibility to
data to the retailers that populate their malls. Kamppi in Helsinki, Fin-
keep the webpage updated, and to make our voice heard on Facebook
land, or Herning Centret in Herning, Denmark, are representative exam-
and Youtube. These are important channels for our visitors.”
ples according to our workshop data. In the words of a workshop
Different center of gravity exists for the digital awaiter strategy. participant:
Some digital awaiters are supply-side centered. This means that “With better information from advanced analytics it is possible to max-
they focus directly on the retailers and only indirectly on the shop- imize the usage of the mall, for example by creating better contracts or
pers. Others are two-sided in their orientation. In other words, they optimizing store locations. Information can also be sold or given to ten-
consider both sides of their market as equally important. In the for- ants, and sometimes to external advertisers.”
mer case, shopping malls deploy their resources and capabilities to
enhance the retailers' sales. Thus, they provide a basic marketplace With the focus on advanced digital technologies, our workshop data
where supply and demand meets. Two Swedish malls - Nordstan in clearly pictures the key department/function that executes this strategy
Gothenburg and Caroli in Malmö – are representative according to to be Information Technology (IT), often in partnership with one or
our workshop participants. more external technology suppliers. About 7% of the respondents in
In contrast, malls with a stronger two-sided orientation attend to our survey claimed that the IT department is in charge of digitalization
both sides of the market by attracting potential buyers to the re- strategy. Thus, digital technologies constitute a powerful resource for
tailers and offering more complex services to shoppers, including, digital data gatherers.
for example, educational and entertainment activities. Even so, the The center of gravity for digital data gatherers is on the supply side.
more advanced services are in the physical rather than digital do- As a two-sided market, the mall may, of course, also work with the
main for the digital awaiter, such as fashion shows that connect re- shoppers to some extent, but the clear locus of efforts is on the retailers.
tailers and shoppers. Shoppers may benefit by extension (based on what individual retailers
The value proposition to shoppers via digital technologies features do with the data the mall collects.
one-way communication of basic information to the shoppers, such as In other words, the digital data gatherer collects data from one side
information about opening hours, store locations, and which retailers of the market (shoppers) and feeds it to the other side (retailers), either
are present in the mall. From the supply side perspective, digital directly or indirectly. Because shopping malls use digital technologies to
awaiters' main digital value proposition is to complement the more spe- collect and analyze data from shoppers, to deliver more substantiated
cific information that most individual retailers provide with a basic and decisions and detailed reports to retailers, the main direction of digital in-
common digital platform where shoppers can easily find general facts, formation flow is from shoppers, via the shopping mall, to the retailers in
for example, through a home page on the web. that mall. In the words of one of our interviewees, a VP at Senion lab:
Moreover, the demand and supply side active contributions in digital
value creation are low. In other words, retailers and shoppers receive “If you own a mall, you can do things to boost sales of the retailers, or at
the digital value the shopping mall creates with only a small contribu- least increase their general happiness with the mall. By giving them in-
tion to the process. In this respect, the malls' digital role is related to dif- formation. But the effect on your bottom line is indirect, because you do
fusing basic information. Examples of other services common to digital not sell more. But in extension, you can charge more if others sell more,
awaiters are digital postal services, such as ordering online from a re- and then it is a win-win.”
tailer at home and picking it up in the mall or home delivery service of
items purchased online. The click & collect service offered by Field's in According to workshop participants, one example is property owner
Denmark, or Mall of Scandinavia in Solna, Sweden, are representative Unibail Rodamco who uses customer apps and scanning of visiting vehi-
examples. cles to increase insights for retailers at their mall in Täby Centrum, Swe-
An representative example of a digital awaiter is Gekås Ullared, a den. Another example is the loyalty program to collect shopper data by
highly successful shopping mall in southern Sweden. This mall is one the Emporia mall in Malmö, Sweden, which is then fed to the retailers in
of Sweden's top tourist destinations, and shoppers often travel far to that mall.
spend a day or two at the mall. The mall's approach is minimizing in- Like the digital awaiter, the digital data gatherer makes a digital value
vestments in digital technologies in the short term and delivering a proposition to shoppers that centers on basic digital information, such as
unique value proposition focused on retailers, location, and low prices. opening hours or store location. However, they may also offer a more
In the words of one of our interviewees, the store manager at Gekås: adapted physical experience to shoppers by reconfiguring physical as-
sets to fit shopper's needs more effectively (or allow their retailers to
“Gekås never pioneer anything. We adapt when something is already do this). Thus, the value proposition to shoppers based on digital tech-
well tried out somewhere else. A digital world look expensive and nologies is indirect. However, shopping malls strive to enhance retailers'

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx 7

performance by increasing the efficiency of their core operations and of- there was great consensus among our workshop participants that the
fering new opportunities to create value based on data analytics. digital embracer requires the dedicated commitment of top manage-
These digital technologies are often invisible to shoppers' eyes. Typ- ment. Indeed, digitalization under this strategy regime is a top business
ically, sensors are located in strategic places to collect valuable data priority rather than a functional choice. Digitalization is thus an inte-
without interfering with the shopping experience. Shoppers' active con- grated part of business strategy.
tribution is thus low, although it may be low- to medium for retailers Digital embracers are two-side centered, meaning their center of
given their commitments. Specifically, shoppers using the mall are pro- gravity is on both retailers and shoppers, and they actively provide
viding valuable data, although they may not always be aware they are value to both sides of the market. In other words, shopping malls exe-
participating. The digital data gatherer, however, is usually not the cuting this strategy focus on both cross- and same-sided interactions.
party that launches all the complex digital services in the mall. Rather, In the words of a workshop participant:
they feed data to individual retailers, which may use it to launch ser-
“We offer buzz, footfall and a matchmaking role. We are thus a step up
vices or customize shopping experiences. In the words of a participant
in the value chain and actively engaged in facilitating space for meet-
at our workshop:
ings, interactions, and product and service development, rather than
“Our mall is a good example…we do not have, or plan to have, sophis- just a facilitator of space for hire. But for that to succeed we really rely
ticated services. That is not really our core competence. We have sophis- on the contributions from our retailers and their customers.”
ticated analytics, but I don't think our core competence is to launch
services based on data generated from those analytics.” Specifically, digital embracers offer a direct value proposition to re-
tailers based on new transactions, that is, so-called cross-sided interac-
To illustrate, think of Fisketorvet, one of Denmark's largest shopping tions. For example, Westfield has developed an online mall that
malls, which was frequently mentioned during our workshops. They integrates offers from different retailers in a combined offer. In doing
gather digital data about consumers thorough a loyalty card [76]. The so, they complement the physical world with digital services, such as
data is used for marketing purposes to consumers' through personalized digital pre-ordering and augmented reality. Moreover, digital em-
offerings and services. It is also used as insights to the customers in the bracers coordinate actions among retailers and boost interactions
form of information about who the consumers are demographically and among shoppers (same-sided loops) via digital platforms. One of our
what their habits and behaviors are. Beyond the Nordic countries, Tres workshop participants expressed her admiration:
Aguas is a shopping mall in Madrid, Spain, that uses the Ubicua experi-
“Westfield are just outstanding, and have been doing this for the past
ence platform [77]. They have created one of the first “smart” shopping
four to five years. We are much smaller but currently work on ideas
malls in Europe. Using wifi and a single registration in a mobile applica-
and concepts similar to theirs.”
tion, Tres Aguas offers a unique experience where its sophisticated
geolocation system tracks shoppers during their visit, analyzes their be- The demand- and supply-side active contribution is medium to high
havior, captures preferences, obtains a pattern, and launches automated with a digital embracer strategy. Although each individual retailer and
offers and promotions from the retailers. Yet another example is the Pal- shopper can ultimately decide on his or her contribution level, there is
isades Center in New York, US, which is owned by Pyramid Management a deliberate emphasis on value co-creation. In facilitating value co-cre-
Group. Here, data is gathered with the help of the free wifi, which allows ation, the mall strategically designs the mechanisms to motive partici-
the mall to build profiles of its shoppers. It then shares this data with po- pation from each side and coordinates their interactions toward the
tential tenants [78]. interests of all the members. For example, there were multiple exam-
ples in our interviews about how shoppers can share their purchase ex-
4.3. Digital embracer periences, thus helping other shoppers in an online platform. Or,
shopping malls can supply information on individual purchases of sim-
Malls following a digital embracer strategy attribute high signifi- ilar products, thus using big data analytics to help guide shoppers.
cance to digital technologies and use these digital technologies to create Beyond the Nordic cases, multiple international examples exist of
advanced digital services themselves. To do so, they develop a position malls currently executing the digital embracer strategy. A prime exam-
and capabilities close to that of a sophisticated retailer. Like the digital ple is Westfield's mall in London, UK. Westfield uses advanced technolo-
data gatherer, the digital embracer uses increasingly sophisticated and gies, such as license plate recognition and browsing history in
complex digital technologies such as iBeacons or geofencing solutions. smartphones. These technologies allow them to guide shoppers to the
However, the digital embracer uses these technologies not only to products or stores that they need. Westfield also has a global platform,
feed information to its retailers, but also to create its own advanced dig- Westfield's app, through which retailers can communicate easily with
ital services and offerings. In the words of one of our interviewees, a shoppers at each mall [79].
global capability manager at Dunnhumby: Another outstanding example of the digital embracer is Quartz in
“Such malls track customers via their smartphones. Based on unique Villeneuve-la-Garenne North of Paris, France. Through Quartz's app,
customer profiles they can stock data and then push a personalized and rel- shoppers can access digital product information, price comparisons,
evant product recommendation. We can also give advices and recommen- search engines for all the products sold in the mall, and personalized
dations in real time for products the customers do not even know anything loyalty programs. In addition, geolocation service for the tenants enable
about. And that is only the beginning!” better relationships between brands and consumers [80]. Finally,
Thus, as a complement to basic services such as official websites and Boxpark in London, UK, acts as a platform for both physical and online
basic social media, both our interviews and workshop data underscores retailing, thereby generating revenue from both sides of the retail
that the embracer relies on advanced services and may use its own plat- value ecosystem [81,82]. Fig. 2 provides a visual representation of the
forms for e-commerce to create bundled digital offers, such as buy logic of each strategy.
sports equipment at one retailer and get coffee at another. This strategy
also implies advanced services in the physical world, similar to that of a 5. Discussion and implications
two-sided digital awaiter. With the focus on advanced services in both
the physical and digital domains, the digital embracer strategy may be The retail ecosystem is currently undergoing major changes. Online
the most difficult to follow, but a very rewarding one for those malls shopping is gaining importance, and digital technologies open up new
that succeed. Unlike the digital awaiter and digital data gatherer, interactions among shopping malls, shoppers, and retailers [38]. This
where the key department/function is marketing and IT, respectively, is not all bad news for physical shopping malls. In this new retailing

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
8 J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx

Fig. 2. Representation of value flows per strategy.

landscape, some traditional malls may benefit greatly as new digital transcends firm boundaries and describes the management of the inter-
technologies and services leverage the value their physical assets pro- actions among different ecosystem agents as a critical factor in digitali-
vide, thus creating new sources of revenue and value. However, others zation. Thus, our typology highlights the importance for shopping
suffer when investments in digital technologies drive costs but fail to malls in identifying the added value from different ecosystem agents
generate revenues. Some malls may thus fail to realize potential syner- in defining their strategic goals. Finally, our typology examines several
gies between physical assets and digital investments. In fact, a recent value flows and roles in value creation in a two-sided market. In this re-
cross-industrial study by PwC shows that the retail industry is weakest spect, our paper contributes new insights into two-sided market litera-
of all regarding knowledge of how to use digital technologies [83]. At ture [18,32] by explaining different strategies in changing contexts
the same time, recent research has shown that retailers may benefit where analogue and digital channels coexist. The platform literature
more from implementing digital technologies than other industries has traditionally elaborated platform strategies in digital contexts
[21]. based on IT [84]. The rapid emergence of new sectors, mainly based in
The purpose of the present article was to develop a strategy typol- the digital world, has attracted attention toward cases where winners
ogy. Our findings have important implications for researchers working take all the market by rapidly attracting adopters through subsidies.
on digitalization, omnichannel strategies, and two-sided markets. The However, in many other contexts, the pace of digitalization is slower
typology highlights different sources of value creation that provides and it does not fully substitute the physical resources in the value prop-
business logic to investments in digital technologies. In this sense, the osition, like retailing. Our study extends previous studies in platform re-
present article adds to research on digitalization [33,65] by explicating search [85,86] by distinguishing different roles of digital technologies in
the integration of digital technologies that leverage the value proposi- a traditional two-sided market. Specifically, we propose that firms in
tion of shopping malls. Some literature has traditionally defended the a traditional two-sided market can compete with different combina-
benefits of digitalization leading to maximizing the investment of digital tions of physical and digital technologies to attract agents to the
technologies [17]. We identify that shopping malls can create value by ecosystem.
managing different digital technologies, digital service complexity, and From a managerial standpoint, the strategy typology proposed in
organizational functions involved. These findings also extend prior in- this article was designed to help owners of shopping malls, retail man-
sights on omnichannel strategies [11,30] by delineating different strate- agers, and consultants understand key opportunities and threats, and to
gies for integrating digital technologies. Although research on craft more effective mall-specific strategies to manage the transition to
omnichannel strategies has defended the importance of creating com- an increasingly digital world. The strategy typology, comprised of the
plementarities between channels, the understanding of specific strate- three strategies, digital awaiter, digital data gatherer, and digital em-
gies may be further developed. In this line, our paper provides insights bracer, constitutes a sense-making device, which can help shopping
into how firms manage their physical resources along with different malls navigate an increasingly complex retail environment. It could
digital technologies. By adding the center of gravity, we identify differ- also help property owners and other actors to proactively approach dig-
ent strategies for firms assigning a significant role to digital technolo- italization, create a better alignment with a continuously dynamic and
gies. Thus, the strategy typology shed light on the complexity of evolving environment, and integrate internal operations. In applying
digitalization by proposing digital strategies that involve not only digital the framework, none of the strategies appear better than any other as
technologies, but also firm resources and ecosystem agents as a whole. such, nor are there any intrinsic reasons why a shopping mall should ex-
Moreover, our findings highlight the importance of getting different cessively digitalize just for the sake of it. Thus, the key challenge for
actors on board in developing advanced services through each strategy. malls may be to learn by analogy and define their strategic position re-
In this respect, we extend insights in digitalization [19,52] by highlight- garding use of digital technologies. This means thoroughly thinking
ing contributions of ecosystem agents in networked value creation. In through the role of digital technologies and what they can accomplish,
this respect, prior literature in digitalization has focused on the digital while at the same time reflecting upon how to create value for retailers,
technologies integrated by retailers [6,21,35]. Our typology thus shoppers, or both.

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx 9

In putting the typology to practical use, a first step is trying to under- 4. In what way will customer analytics help shopping malls to create
stand a certain mall's current position in the framework by considering value?
the role of digital technologies and center of gravity. A second step is 5. How do physical shopping malls have to adapt and utilize digitaliza-
then to initiate a discussion about strategic change. In this respect, our tion to compete with digital (on-line) competitors?
typology may allow mall owners to identify a new position for which 6. What are your thoughts for changing the physical shopping mall for
to aim with regard to digital technologies. Or, the typology can confirm the future?
that their current strategic position fits their business goals. If a new 7. What are your customers' expectations on the products and ser-
strategic position is sought or the current position needs to be rein- vices they receive via a shopping mall?
forced, the dimensions delineated for each digital strategy may guide 8. How would you describe the typical customers in a mall?
malls in achieving their goals. In this respect, our typology may facilitate 9. What are the greatest challenges for your firm in working with
specifying new goals, assist in evaluating required resources and deci- customers?
sions, and be helpful in assessing the risk for each strategy. 10. What type of value does your firm offer to customers in the shop-
Finally, this study has the following limitations, which motivate fu- ping mall?
ture research. First, our findings are based largely on descriptive data 11. Which problem/conflicts do you see between different stakeholders
generated through case study research. While we deem this as a useful at a shopping mall? For example between retailers and the mall
method for the current study, the limitations and constraints of the case owner?
study method that produced it should be kept in mind in applying the 12. Do you experience any pressure from individual retailers to develop
framework. In particular, because the purpose was to build theory new technologies and methods of analysis?
rather than to test it, future research may extend our contributions by 13. Who (or what) are the drivers of digital development in shopping
conducting quantitative analysis of the different strategies. Moreover, malls?
the framework is based on a diverse but limited number of shopping 14. Which are the major technological developments that allow you to
malls. Further research may extend our insights by analyzing a larger better understand and track customer behavior?
number of malls. Third, the framework is emergent in the sense that it 15. How do you work with different partners around the shopping mall,
was developed based on data of shopping malls that have addressed and what does the relationship look like? Owners? Retailers? Logis-
digitalization recently. However, both retailers and shoppers are tics? Consultants? Customers?
adopting digital technologies. Given the high dynamism of the phenom- 16. How do you work with digitalization as a mean for real time com-
enon and the potential opportunities for critical changes, future re- munication and interaction with your customers to enhance the
search may track the evolution of these strategies. In this respect, customer experience in shopping malls?
future research could complement our insights by introducing dynamic 17. Which actors do you think a shopping mall have to work closer with
responses from all the actors in the market. Finally, we aggregated data to enhance their work with digitalization in the future?
from different countries to identify common digital strategies. Future 18. What key activities are most important for a shopping mall to inte-
research may introduce institutional, cultural, and technological differ- grate customer analytics?
ences among countries. 19. What are the core competences that will be needed by the retail ac-
tors and shopping malls for them to take advantage of
6. Conclusions digitalization?
20. How do you think revenue streams will change for shopping malls
Digitalization is reshaping the retailing ecosystem and represents a as a result of digitalization?
critical challenge as well as endless opportunities for shopping malls. Al- 21. Which costs do you think will be added (and possibly increased) as
though defining and implementing a digital strategy may require signif- digitalization changes the retailing ecosystem?
icant efforts for shopping malls, the absence of a clear digital strategy 22. How do you think the role of the shopping mall will change in the
may lead to deficiencies in priorities and resource allocation, and finan- future?
cial losses. The strategy typology we propose is designed to help miti- 23. How do you think digitalization will change shopping malls within
gate these problems. It is designed to help owners of shopping malls the next five years?
to craft better digitalization strategies of an omnichannel nature to 24. Which actors do you think are the ones who have come furthest in
manage the transition to an increasingly digital world. In addition, it their work with digitalization of shopping malls?
also helps other actors in the ecosystem such as retail managers, cus- 25. If you were allowed to speculate, which new technologies do you
tomers and consultants, to better understand mall-specific challenges. think will have the most influence over the development of malls
In sum, the strategy typology constitutes a sense-making device that in the future?
can help not only shopping malls but also partners in the ecosystem 26. Is there anything you think we have missed talking about during
to navigate an increasingly complex retail environment. the interview that you wish to bring up?

Acknowledgments Appendix 2. Survey items1

The authors are grateful for comments provided by James Marsden, 1. Does your organization have an expressed strategy to address the
Christy Cheung, Yang Chen, Chee‐Wee Tan and two anonymous re- future opportunities and threats of digitalization? (Response for-
viewers. The research was funded by the Swedish Governmental mat: Yes; No; No, but a strategy is under development; I don't
Agency for Innovation Systems (VINNOVA). know).
2. How would you describe your organizations strategy to address the
Appendix 1. Interview protocol ongoing digitalization? (Response format: Open ended).
3. Which department/function in your organization has the main re-
1. Can you shortly tell us about yourself, your background and what sponsibility for digitalization? (Response format: Sales; Marketing;
you work with? R&D; Business development; Top management; IT; Maintenance;
2. If I say digitalization of shopping malls, what is the first thing that Other; No particular department is responsible; I don't know).
comes to your mind?
3. How do you work specifically with digitalization of retail spaces/ 1
Only the survey items and questions that were used in the results section are
shopping malls? displayed.

Please cite this article as: J. Frishammar, et al., Digital strategies for two-sided markets: A case study of shopping malls, Decision Support Systems
(2018), https://doi.org/10.1016/j.dss.2018.02.003
10 J. Frishammar et al. / Decision Support Systems xxx (2018) xxx–xxx

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