Restructuring a major digital business for growth.
One of Europe’s largest e-commerce operations needed stronger growth, lower costs and a more effective role at the centre of its wider channel strategy.
Growth versus the previous quarter by the third quarter.
Cost savings realised and reallocated to a new infrastructure and platform.
Increase in the number of customers choosing online for customer care.
- 01Situation
Growth constrained
Costs, sourcing and delivery needed to change.
- 02Action
Rebuild the operation
Leadership, analytics and a new online platform.
- 03Change
Growth + efficiency
27% growth versus the previous quarter by Q3.
The challenge
The business needed to grow revenue and online channel share, improve marketing efficiency, reduce development costs and cycle times, and connect online activity with stores, telesales and other channels.
The work
- Deployed interim executive leadership and restructured the operating team.
- Changed the sourcing strategy and strengthened sourcing practices.
- Built the operation around a newly established web and online analytics capability.
- Created a new online operation funded through in-life operating cost reductions.
- Integrated social commerce into the established e-commerce business.
The outcome
- By the third quarter, growth was 27% versus the previous quarter, within a 12-month turnaround.
- Cost savings of 15% were realised and reallocated to a new infrastructure and platform, eliminating the need for incremental CAPEX.
- Online channel share grew in successive quarters.
- The number of customers choosing online for customer care increased sixfold.
- The operation secured an Industry Leader benchmark #1 position and a Google “category leader” accolade for efficient online marketing.
Historical engagement from the Nil Plus Ultra case-study portfolio. Figures and comparisons relate to this specific engagement.
“By the third quarter stagnant revenues had been transformed into 27% growth, whilst costs were down and profits up.”
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