Case – E-Commerce
CoreChange delivered e-commerce strategy for a Swedish fashion company
Our role
Newhouse is a Swedish fashion brand that sells clothes and accessories for women via its own physical stores, retailers as well as its own e-commerce. CoreChange was commissioned to develop an e-commerce strategy to show how Newhouse can increase short-term and long-term growth and profitability in e-commerce, as well as how they should adapt their organisation, processes and support system to achieve the set goals.
In the recent feasibility study carried out by CoreChange, key elements of e-commerce were evaluated using a current situation analysis, external analysis and recommendations for the various elements:
Vision, target image, path choices
- Vision formulation
- Overall sales targets and KPIs
- Strategic path choices
Market
- Geographical marketplaces
- External marketplaces
Sales
- Sales analysis (average values, return rates, etc.)
- Additional sales
- Customers
Webbshop
- Design
- Functionality
- Web analytics (user behaviour, conversion)
Business calculation
Package
- Marketing and customer club
- Pricing and promotions
- Payment and delivery methods
- Languages/Currencies
- OMNI channel offer
- Customer services
- Competitors
Internal conditions
- Warehouse and returns management
- Distribution
- Purchasing and goods handling
- Organisation
IT/support system
- System landscape/architecture
- ERP and POS
- E-commerce platform
Project roadmap
- Activities
- Investments
- Schedule for implementation
Using this information, Newhouse can make a business assessment on:
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If and when they will make an e-commerce investment
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How this investment is to be implemented
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What it can provide in sales, costs and profitability
CoreChange will also be involved in the implementation of the e-commerce strategy.
Read more about what we at CoreChange do in e-commerce.
Read more about Newhouse.
Contact
Caroline Nylund
caroline.nylund@corechange.se