SlideShare ist ein Scribd-Unternehmen logo
1 von 20
Downloaden Sie, um offline zu lesen
Building an E-commerce Business
an approach for a Web 2.0 world

02.18.2011
Curriculum

✤   Choosing a Business

✤   Creating a Plan

✤   The E-commerce Iceberg

✤   Road Map to Launch

✤   Running it

✤   3 quick Case Studies: Small, Medium, Big - How they were Successful
    at Growth
Choosing a Business


✤   Is Your Idea Unique?

✤   If Not...

✤   Online is more Crowded than Offline

✤   Competing in a Google / Affiliate / Drop ship / eBay / Amazon
    world (POV)
Creating A Plan

e-Business Roadmap

Research             Channel           Build         Market        Measure
                     Selection                                                  Repeat


                        e-Bay                        Advertising
   Focus Grps                        Design, Build
                       Affiliate                        Offline
                                  Order Management                                Scorecard
   Ad hoc calls        Website                         Online       Analytics
                                      Fulfillment                                Regular Review
Customer Interview     Mobile                         Search
   Competition                        Accounting
                        Kiosk                          PPC
                                         Ops
                       Partner                         Social
                                                     Mobile App
                                                       CRM
The E-commerce Iceberg
The “New” E-commerce Roadmap

 e-Commerce WEBSITE Roadmap

 Fulfillment              Channel           Build         Market        Measure
                         Selection                                                  Repeat


                            e-Bay                        Advertising
                                         Design, Build
   Product Sourcing        Affiliate                        Offline
                                      Order Management                                Scorecard
Inventory vs Drop Ship     Website                         Online       Analytics
                                          Fulfillment                                Regular Review
 Storage / Warehouse       Mobile                         Search
                                          Accounting
  Order Management          Kiosk                          PPC
                                             Ops
                           Partner                         Social
                                                         Mobile App
                                                           CRM
The “New” E-commerce Roadmap

 e-Commerce WEBSITE Roadmap

 Fulfillment              Channel           Build         Market        Measure
                         Selection                                                  Repeat


                            e-Bay                        Advertising
                                         Design, Build
   Product Sourcing        Affiliate                        Offline
                                      Order Management                                Scorecard
Inventory vs Drop Ship     Website                         Online       Analytics
                                          Fulfillment                                Regular Review
 Storage / Warehouse       Mobile                         Search
                                          Accounting
  Order Management          Kiosk                          PPC
                                             Ops
                           Partner                         Social
                                                         Mobile App
                                                           CRM
The “New” E-commerce Roadmap

 e-Commerce WEBSITE Roadmap

 Fulfillment              Channel           Build         Market        Measure
                         Selection                                                  Repeat


                            e-Bay                        Advertising
                                         Design, Build
   Product Sourcing        Affiliate                        Offline
                                      Order Management                                Scorecard
Inventory vs Drop Ship     Website                         Online       Analytics
                                          Fulfillment                                Regular Review
 Storage / Warehouse       Mobile                         Search
                                          Accounting
  Order Management          Kiosk                          PPC
                                             Ops
                           Partner                         Social
                                                         Mobile App
                                                           CRM
The “New” E-commerce Roadmap

 e-Commerce WEBSITE Roadmap

 Fulfillment              Channel           Build         Market        Measure
                         Selection                                                  Repeat


                            e-Bay                        Advertising
                                         Design, Build
   Product Sourcing        Affiliate                        Offline
                                      Order Management                                Scorecard
Inventory vs Drop Ship     Website                         Online       Analytics
                                          Fulfillment                                Regular Review
 Storage / Warehouse       Mobile                         Search
                                          Accounting
  Order Management          Kiosk                          PPC
                                             Ops
                           Partner                         Social
                                                         Mobile App
                                                           CRM
Building the Business
                                         Dunkin' Donuts
                                         Projects for March 2007




Improvement
                                                                                                   Hours
                                         Project                                                   Estimate       Launch            Description

                                          Database Server Move
                                                                Dunkin' Donuts                     4                                MQ Agent Research

                                          Implement Phase 1 of Business Requirements               15             ASAP              Adding $100 cap on U.S. Mail Orders & Generic Site Messaging

                                          Shopping Cart Issue   Detailed Hours Report for January 2007
                                                                                                   8              ASAP              Find fix for all items showing up under "Suggeted Items"

                                          Digex Maintenance                                        8              Ongoing           Ongoing
                                                                                                                         Hours
                                          Comprehensive Shipping Changes                           20             TBD               Completion of 2 lingering issues regarding US Mail Options/ P.O. Box
                                                                Project                                                  Estimate    Launch         Description
                                          Free Iced Coffee Day Emails                               16            27-Mar            Design/Deploy two emails
                                                                  AS400 Migration                                        3           TBD            Support/Testing
                                          Free Iced Coffee Day Graphics/Detail Page                 12            27-Mar            Main Feature Graphic, Store Locator Graphic & Detail page
                                                                  JetBlue Side Bar Graphic                               5           7-Jan          Design/Deploy side bar grahpic for JetBlue
                                          Admin Tool Performance Issues                             10            Ongoing           Debugging
                                                                  U.S. Ski Team Graphics & Detail Page                   17          10-Jan         2 Large side feature graphics, store finder graphic and detail page
                                          Dashboard Report                                          15            Ongoing           Snap shot of metrics and sales numbers: weekly and monthly
                                                                  Franchising Updates                                    4           12-Jan         Updating copy, sidebar graphic on DD.com
                                          Other Fixes/Issues                                        5             Ongoing           Customer Issues, other small issues
                                                                  Homepage Updates                                       8           18-Jan         Remove Holiday graphics, update logos & background
                                          Weekly Status Calls/Communication/Planning                13            Tuesdays          5 status calls with an avg. of 2 participants from Mnet, future project lists/planning
                                                                  Contests & Promos Page Update                          4           22-Jan         New Use It Win It graphic, remove all old promos




Cycle
                                          Nutrition/Small Site Updates                              8             Ongoing           Nutrition & other small updates
                                                                  Scholarship America Detail Pages                       6           28-Jan         Update & Deploy Scholarship America Detail page
                                          TOTAL HOURS                                              134
                                                                 WCFY Homepage Graphic                                   5                          Design/Deploy grahpic

                                                                 Update company info page                                1                          Copy update

                                                                 Spelling Errors & Shipping Confirmation Emails          4                          Fixing spelling errors/updating copy on confirmation emails, remove copy re: ship date

                                                                 Ship Date Error - Order Fixes                           3

                                                                 Final Budget Order Processing                           4           9-Jan          Final Round of Budget orders, unsettled orders/Restart windows service

                                                                 Refund Process Change/Order Adjustments                 12          1-Feb          Assisting with the Refund Process Project, call/communication, testing

                                                                 DD.com Biz Requirments Audit                            4           6-Feb          Report detailing how DD.com handles shipping and order business rules

                                                                 USPS Parcel Post Recap and Report                       3           31-Jan         Report detailing the impact of the discontinuation of USPS Parcel Post Shipping Method

                                                                 Admin Tool Performance Issues                           2           Ongoing        Admin tool performance is slower than normal

                                                                 Maple Cheddar Sandwich                                  10          28-Jan         Design/Develop Detail page and supporting graphics                                       Dunkin' Donuts Weekly Dashboard
                                                                                                                                                                                                                                             Week of 2007 Feb 12 to Feb 18
                                                                 Dashboard Reports                                       14          Ongoing        Snap shot of metrics and sales numbers: weekly and monthly

                                                                 Other Fixes/Issues                                      15          Ongoing        Customer Issues, other small issues , sever/application maintenance

                                                                 Weekly Status Calls/Communication/Planning
                                                                 Nutrition/Small Site Updates
                                                                                                                         18
                                                                                                                         8
                                                                                                                                     Tuesdays
                                                                                                                                     Ongoing
                                                                                                                                                    5 status calls with an avg. of 2 participants from Mnet, future project lists/planning
                                                                                                                                                    Nutrition & other small updates                                                          Sales
                                                                                                                                                                                                                                                  DASHBOARD ANALYSIS                                                            %!                  2006 Totals             DD Card                Non-DD Card         665 Boylston Street, Floor 4
                                                                                                                                                                                                                                                                                                                                                                                                                       Boston, Massachusetts 02116
                                                                 TOTAL HOURS                                             150                                                                                                                    Sales net of shipping                       $120,654.60                        21%                  $95,299.11              $16,660.00             $103,994.60         T 617.859.7900




 Analytics Review
                                                                                                                                                                                                                                                Average Order (#Dunkin’ Dounuts
                                                                                                                                                                                                                                                                 of Products)               4.03                                0%                  4.03                    4.75                   3.79                F 617.249.0665

                                                                                                                                                                                                                                                                 May 2007 Web Performance
                                                                                                                                                                                                                                                Average Order ($ of Amount)$38.25     0%                                                            $38.32                  $12.13                 $34.57              dashboard@maintainnet.com
                                                                                                                                                                                                                                                                                                                                                                                                                       maintainnet.com
                                                                                                                                                                                                                                                Customer Count                              1026
                                                                                                                                                                                                                                                                KEY FIGURES
                                                                                                                                                                                                                                                Sales per Visitor Session                   $0.96
                                                                                                                                                                                                                                                Regular Refills % of Total Sales            52.81%
                                                                                                                                                                                                                                                                                                               Sales 1lb ground and whole bean
                                                                                                                                                                                                                                                Top Ten
                                                                                                                                                                                                                                                                        21%
                                                                                                                                                                                                                                                Lb. Coffee Sales Daily + Weekly*
                                                                                                                                                                                                                                                                                          6%$54,703.55         *includes
                                                                                                                                                                                                                                                                                                          $1,200K
                                                                                                                                                                                                                                                                                            1. 1lb Gound Original Blend
                                                                                                                                                                                                                                                                                                                         (in Thousands of Dollars)

                                                                                                                                                                                                                                                                      Increase in      IncreaseWhole Bean Original Blend
                                                                                                                                                                                                                                                                                           3. 5lb in
                                                                                                                                                                                                                                                                      Sales from       Sales 2oz Ground Original Blend - 48 pack
                                                                                                                                                                                                                                                                                           2. from        $960K
                                                                                                                                                                                                                                                                       2006 YTD          Apr-06Certificate, $1 - book of 5
                                                                                                                                                                                                                                                                                           4. Gift                                                                                               $989K
                                                                                                                                                                                                                                                                                                                                                                                   $910K
                                                                                                                                                                                                                                                                                            6. 1lb Whole Bean Original Blend
                                                                                                                                                                                                                                                                                                               $720K
                                                                                                                                                                                                                                                                                            4. Dunkin Donuts Card, Denomination
                                                                                                                                                                                                                                                                      38M                19%7. 1 lb Ground Dunkin Decaf
                                                                                                                                                                                                                                                                                                               $480K
                                                                                                                                                                                                                                                                                                                                                           $647K     $663K
                                                                                                                                                                                                                                                                                                                                                                                                                                                              $602K
                                                                                                                                                                                                                                                                                            7. 1lb Ground French Vanilla                                                                                    $583K                               $570K
                                                                                                                                                                                                                                                                      Total Page       Increase in
                                                                                                                                                                                                                                                                                                                 $560K           $540K                                                                                             $536K
                                                                                                                                                                                                                                                                                                                        $514K                                                                                         $511K
                                                                                                                                                                                                                                                                                            9. Dunkin Donuts Card, Denomination (25 cards min.)
                                                                                                                                                                                                                                                                       Views in        New10. 1lb Ground Hazelnut
                                                                                                                                                                                                                                                                                             Orders        $240K
                                                                                                                                                                                                                                                                      YTD 2007          from YTD




 Planning                                                                                        planning
                                                                                                                                                                                                                                                                                           2006
                                                                                                                                                                                                                                             Card                                        1/29- 2/4               2/5-Jun
                                                                                                                                                                                                                                                                                                                       2/11          Jul      Aug   2/12- 2/18Oct
                                                                                                                                                                                                                                                                                                                                                       Sep                         Nov           Dec         Jan       Feb          Mar           Apr          May
                                                                                                                                                                                                                                                                                                                                                                    Sales                 Sales from 1 Year-Ago
                                                                                                                                                                                                                                             Total $ Sales of Cards                         $18,760.00                $27,155.00                      $16,660.00
                                                                                                                                                                                                                                             Total # of Cards Sold                          1840                      2929                                  1373
                                                                                                                                                                                                                                                                Monthly Sales
                                                                                                                                                                                                                                             Average $ Amount of Cards Sold                 $10.20                    $9.27                                $12.13           Yearly Sales
                                                                                                                                                                                                                                             Registrations                                 14,766
                                                                                                                                                                                                                                                                                         May 2006     %!              4,852 2007
                                                                                                                                                                                                                                                                                                                        Apr            %!               4,388
                                                                                                                                                                                                                                                                                                                                                       May 2007                                                    2006 YTD       %!                  2007 YTD

                                                                                                                                                                                                                                                                 Sales (Net of                                                                                               Sales (Net of
                                                                                                                                                                                                                                             Site Performance    Shipping)
                                                                                                                                                                                                                                                                                         $552,285     9%               $569,687        6%              $601,819
                                                                                                                                                                                                                                                                                                                                                                             Shipping)
                                                                                                                                                                                                                                                                                                                                                                                                               $2,316,115        21%             $2,801,462

                                                                                                                                                                                                                                                Page Views       Regular Refills % of
                                                                                                                                                                                                                                                                                            1,751,626                                                                        Regular Refills % of
                                                                                                                                                                                                                                                                                             54%      -5%                    52%       0%                    52%                                                      52%         0%                     52%
                                                                                                                                                                                                                                                Visits           Total Sales                125,342                                                                          Total Sales
                                                                                                                                                                                                                                                Average Visit                               4:58
                                                                                                                                                                                                                                                                 Customer Count/                                                                                             Customer Count/
                                                                                                                                                                                                                                                                                            3,986     16%                 3,673        26%                  4,638                                                   18,996       19%                    22,613
                                                                                                                                                                                                                                                Median Visit     New Orders                 2:10                                                                             New Orders
                                                                                                                                                                                                                                                Views per Session                           13.97
                                                                                                                                                                                                                                                Search Referrals Average Order             $39.40
                                                                                                                                                                                                                                                                                            54,460    3%                 $42.30        -4%                 $40.64            Average Order                          $39.27        1%                    $39.72

                                                                                                                                                                                                                                                Repeat Visits                               6,314
                                                                                                                                                                                                                                                                 Sales per Visitor                                                                                           Sales per Visitor
                                                                                                                                                                                                                                                                                            $1.06    -21%                 $0.98       -14%                  $0.84                                                    $1.00       -23%                    $0.77
                                                                                                                                                                                                                                                                 Session                                                                                                     Session




 Execution
                                                                                                                                                                                                                                                                                               Current / Last YR MO             Current / Last MO                                                                         YTD / Last YR YTD




                                                                                                                                                                                                                                                                Site Performance                                                                                            Total Visits & No Referrer Visits
                                                                                                                                                                                                                                                                                         May 06            Apr 07               May 07               2007 YTD           1,500K

                                                                                                                                                                                                                                                                 Page Views            6,113,193      6,249,402               7,023,433             38,717,592

                                                                                                                                                                                                                                                                                                                                                                        1,200K
                                                                                                                                                                                                                                                                 Visits                 519,826         581,657                713,088               3,840,945

                                                                                                                                                                                                                                                                                                                                                                                                                                            1,105K
                                                                                                                                                                                                                                                                 Average Visit           0:04:45         0:05:00                0:04:39                0:05:14              900K


                                                                                                                                                                                                                                                                                                                                                                                                                                 859K
                                                                                                                                                                                                                                                                 Median Visit            0:01:58         0:02:06                0:02:01                0:02:17                                                            785K
                                                                                                                                                                                                                                                                                                                                                                            600K                                                                             713K
                                                                                                                                                                                                                                             MNET                                                                                                                                                 Page 2 of 2                           582K          582K
                                                                                                                                                                                                                                                                 Views / Session           11.76            10.74                    9.85                    10
                                                                                                                                                                                                                                                                                                                                                                                   503K 480K 476K
                                                                                                                                                                                                                                                                                                                                                                                                         471K 498K 495K
                                                                                                                                                                                                                                                                                                                                                                            300K                                          438K 449K
                                                                                                                                                                                                                                                                                                                                                                                                                                               385K
                                                                                                                                                                                                                                                                 Search Referrals       239,369         246,115                290,895               1,452,931




 Analytics Review
                                                                                                                                                                                                                                                                                                                                                                                                                                                             300K
                                                                                                                                                                                                                                                                                                                                                                                   231K 221K 209K                                       246K          254K
                                                                                                                                                                                                                                                                                                                                                                                                         190K 193K 211K
                                                                                                                                                                                                                                                                 Repeat Visits           10.19%            9.75%                 9.65%                 10.22%                       Jun    Jul    Aug Sep Oct Nov Dec Jan Feb Mar                     Apr May
                                                                                                                                                                                                                                                                                                                                                                                                   Visits                     No Referrer



                                                                                                                                                                                                                                                                 !




                            web
                                                                                                                                                                                                                                                                                                      analytics
                    email




                                  Constant Improvement Cycle
Online Business Marketing


✤   Confusing number of marketing venues increases day-by-day

✤   Test and Learn - exhausting and labor intensive but use it to prove a
    business model that fits your budget

✤   The Facebook Effect -critical for consumer-facing companies

✤   “Long Tails” have opportunity for small and niche businesses
    especially B-to-B
Online Business Marketing


✤   Confusing number of marketing venues increases day-by-day

✤   Test and Learn - exhausting and labor intensive but use it to prove a
    business model that fits your budget

✤   The Facebook Effect -critical for consumer-facing companies

✤   “Long Tails” have opportunity for small and niche businesses
    especially B-to-B
Online Business Marketing


✤   Confusing number of marketing venues increases day-by-day

✤   Test and Learn - exhausting and labor intensive but use it to prove a
    business model that fits your budget

✤   The Facebook Effect -critical for consumer-facing companies

✤   “Long Tails” have opportunity for small and niche businesses
    especially B-to-B
Case Study: Barrington Outfitters

✤   25 year old retail business with no website

✤   $0 - $14K in online sales for December, 2010

✤   “Instant” Commerce - BigCommerce Store with pre-made template

✤   Email blasts to 750 notebook signers generated 80% customers

✤   KEY TO SUCCESS: Established retail business - email current
    customers. Carried “high demand” brands like Ugg.
Case Study: Barrington Outfitters


✤   25 year old retail business with no website

✤   $0 - $14K in online sales

✤   “Instant” Commerce - BigCommerce Store with pre-made template

✤   Email blasts to 750 notebook signers generated 80% customers
Case Study: Cloudveil

✤   Owners purchased a niche brand for low cash down including
    customer base of 4K

✤   Reduced cost of online platform / kept branding elements / lowered
    cost of online biz ops

✤   Online sales increased from $0K - $1.6mm on total e-commerce
    investment of $100K

✤   Key to Success: Bought niche brand cheap / kept development costs
    and operating costs to a minimum using SaaS products
Case Study: Cloudveil


✤   Owners purchased a niche brand for low cash down including
    customer base of 4K

✤   Reduced cost of online platform / kept branding elements / lowered
    cost of online biz ops

✤   Online sales increased from $0K - $1.6mm on total e-commerce
    investment of $100K
Case Study: Poliquin International


✤   Small to medium business growth online in 16 months

✤   Fitness & Nutrition Supplements

✤   B-to-B and B-to-C Components

✤   Online sales increased from $68K - $650K PER MONTH in 16 months

✤   Key to Success: RELENTLESS content creation and social engagement
Case Study: Poliquin International


✤   Small to medium business growth online in 16 months

✤   Fitness & Nutrition Supplements

✤   B-to-B and B-to-C Components

✤   Online sales increased from $68K - $650K PER MONTH in 16 months
Summary: Key Success Factors
✤   Pick a business carefully, do your research, consider
    purchase or partnership. The online world is more crowded than the
    offline world

✤   Expose the “Iceberg” and develop a plan for product
    fulfillment, order management, customer service BEFORE you design
    your site

✤
                                         building an
    Building the business almost always requires
    “ecosystem” of website, Facebook, Twitter,
    and blogging updates - creating and sharing content on a
    regular, timely basis

Weitere ähnliche Inhalte

Was ist angesagt?

E-Commerce Project
E-Commerce ProjectE-Commerce Project
E-Commerce Project
Sindoor Naik
 
New Mobile App Development PowerPoint Presentation Slides
New Mobile App Development PowerPoint Presentation Slides New Mobile App Development PowerPoint Presentation Slides
New Mobile App Development PowerPoint Presentation Slides
SlideTeam
 
Ecommerce website proposal
Ecommerce website proposalEcommerce website proposal
Ecommerce website proposal
Sudhir Raj
 

Was ist angesagt? (20)

Capstone presentation
Capstone presentationCapstone presentation
Capstone presentation
 
SAP_CRM
SAP_CRMSAP_CRM
SAP_CRM
 
1 introduction to e commerce
1 introduction to e commerce1 introduction to e commerce
1 introduction to e commerce
 
E commerce, benefits, drivers,myths and realities
E commerce, benefits, drivers,myths and realitiesE commerce, benefits, drivers,myths and realities
E commerce, benefits, drivers,myths and realities
 
E commerce
E commerceE commerce
E commerce
 
E-Commerce Project
E-Commerce ProjectE-Commerce Project
E-Commerce Project
 
E Commerce Presentation
E  Commerce  PresentationE  Commerce  Presentation
E Commerce Presentation
 
E-Commerce PPT
E-Commerce PPTE-Commerce PPT
E-Commerce PPT
 
Chapter 1 introduction to e-commerce
Chapter 1   introduction to e-commerceChapter 1   introduction to e-commerce
Chapter 1 introduction to e-commerce
 
New Mobile App Development PowerPoint Presentation Slides
New Mobile App Development PowerPoint Presentation Slides New Mobile App Development PowerPoint Presentation Slides
New Mobile App Development PowerPoint Presentation Slides
 
Enterprise resource planning ppt
Enterprise resource planning pptEnterprise resource planning ppt
Enterprise resource planning ppt
 
E - Business Introduction
E - Business IntroductionE - Business Introduction
E - Business Introduction
 
Ecommerce - System Components and Functions
Ecommerce - System Components and FunctionsEcommerce - System Components and Functions
Ecommerce - System Components and Functions
 
Some E-commerce Applications
Some E-commerce ApplicationsSome E-commerce Applications
Some E-commerce Applications
 
Security issues in e commerce
Security issues in e commerceSecurity issues in e commerce
Security issues in e commerce
 
E commerce ( A to Z )
E commerce ( A to Z )E commerce ( A to Z )
E commerce ( A to Z )
 
Building E-commerce Presence
Building E-commerce PresenceBuilding E-commerce Presence
Building E-commerce Presence
 
Crm
CrmCrm
Crm
 
Ecommerce website proposal
Ecommerce website proposalEcommerce website proposal
Ecommerce website proposal
 
E Commerce Proposal
E Commerce ProposalE Commerce Proposal
E Commerce Proposal
 

Ähnlich wie Building an E-commerce Business

David Terry, Website Optimization and Automation to Maximize Lead Generation ...
David Terry, Website Optimization and Automation to Maximize Lead Generation ...David Terry, Website Optimization and Automation to Maximize Lead Generation ...
David Terry, Website Optimization and Automation to Maximize Lead Generation ...
webcontent2007
 
Retail analytics pov
Retail analytics povRetail analytics pov
Retail analytics pov
rajivhs
 
Introduction Force.com-Platform / Salesforce.com
Introduction Force.com-Platform / Salesforce.comIntroduction Force.com-Platform / Salesforce.com
Introduction Force.com-Platform / Salesforce.com
Aptly GmbH
 
Enabling the Social Enterprise - Trae Chancellor
Enabling the Social Enterprise - Trae ChancellorEnabling the Social Enterprise - Trae Chancellor
Enabling the Social Enterprise - Trae Chancellor
Ricoh Nederland
 
Data & Marketing Analytics Theatre; Less communication is more conversation
Data & Marketing Analytics Theatre; Less communication is more conversationData & Marketing Analytics Theatre; Less communication is more conversation
Data & Marketing Analytics Theatre; Less communication is more conversation
TFM&A
 
Londens Business Presentation
Londens Business PresentationLondens Business Presentation
Londens Business Presentation
Shehryar Naqvi
 
Londens presentation 2
Londens presentation 2Londens presentation 2
Londens presentation 2
Shehryar Naqvi
 
Introduction 2012 (2)
Introduction 2012 (2)Introduction 2012 (2)
Introduction 2012 (2)
riskiramdani
 
Van surfer naar koper en terug connecting the dots
Van surfer naar koper en terug connecting the dotsVan surfer naar koper en terug connecting the dots
Van surfer naar koper en terug connecting the dots
Bisnode Belgium
 
3 forrester - tag management state of the union
3   forrester - tag management state of the union3   forrester - tag management state of the union
3 forrester - tag management state of the union
Ensighten
 
Presentatie klantendag Redwood | Runmyjobs
Presentatie klantendag Redwood | RunmyjobsPresentatie klantendag Redwood | Runmyjobs
Presentatie klantendag Redwood | Runmyjobs
c)solutions
 
Online Business : Optimizing your sales channels, AT INTERNET eCommretail Li...
Online Business : Optimizing  your sales channels, AT INTERNET eCommretail Li...Online Business : Optimizing  your sales channels, AT INTERNET eCommretail Li...
Online Business : Optimizing your sales channels, AT INTERNET eCommretail Li...
AT Internet
 

Ähnlich wie Building an E-commerce Business (20)

Analyze This - #SPSSac
Analyze This - #SPSSacAnalyze This - #SPSSac
Analyze This - #SPSSac
 
David Terry, Website Optimization and Automation to Maximize Lead Generation ...
David Terry, Website Optimization and Automation to Maximize Lead Generation ...David Terry, Website Optimization and Automation to Maximize Lead Generation ...
David Terry, Website Optimization and Automation to Maximize Lead Generation ...
 
Retail analytics pov
Retail analytics povRetail analytics pov
Retail analytics pov
 
Successful Channel Manager Skills Matrix
Successful Channel Manager Skills MatrixSuccessful Channel Manager Skills Matrix
Successful Channel Manager Skills Matrix
 
Introduction Force.com-Platform / Salesforce.com
Introduction Force.com-Platform / Salesforce.comIntroduction Force.com-Platform / Salesforce.com
Introduction Force.com-Platform / Salesforce.com
 
Crm Today Dinesh Chandrasekar
Crm Today Dinesh ChandrasekarCrm Today Dinesh Chandrasekar
Crm Today Dinesh Chandrasekar
 
Enabling the Social Enterprise - Trae Chancellor
Enabling the Social Enterprise - Trae ChancellorEnabling the Social Enterprise - Trae Chancellor
Enabling the Social Enterprise - Trae Chancellor
 
Enabling the Social Enterprise
Enabling the Social EnterpriseEnabling the Social Enterprise
Enabling the Social Enterprise
 
Data & Marketing Analytics Theatre; Less communication is more conversation
Data & Marketing Analytics Theatre; Less communication is more conversationData & Marketing Analytics Theatre; Less communication is more conversation
Data & Marketing Analytics Theatre; Less communication is more conversation
 
CRM at Oracle Series: Marketing Business Intelligence
CRM at Oracle Series: Marketing Business IntelligenceCRM at Oracle Series: Marketing Business Intelligence
CRM at Oracle Series: Marketing Business Intelligence
 
Londens Business Presentation
Londens Business PresentationLondens Business Presentation
Londens Business Presentation
 
Londens presentation 2
Londens presentation 2Londens presentation 2
Londens presentation 2
 
Maximising Your Online Potential
Maximising Your Online PotentialMaximising Your Online Potential
Maximising Your Online Potential
 
Introduction 2012 (2)
Introduction 2012 (2)Introduction 2012 (2)
Introduction 2012 (2)
 
Web dispatching & data collection
Web dispatching & data collectionWeb dispatching & data collection
Web dispatching & data collection
 
Van surfer naar koper en terug connecting the dots
Van surfer naar koper en terug connecting the dotsVan surfer naar koper en terug connecting the dots
Van surfer naar koper en terug connecting the dots
 
Conversion Conference - What's in YOUR toolkit?
Conversion Conference - What's in YOUR toolkit?Conversion Conference - What's in YOUR toolkit?
Conversion Conference - What's in YOUR toolkit?
 
3 forrester - tag management state of the union
3   forrester - tag management state of the union3   forrester - tag management state of the union
3 forrester - tag management state of the union
 
Presentatie klantendag Redwood | Runmyjobs
Presentatie klantendag Redwood | RunmyjobsPresentatie klantendag Redwood | Runmyjobs
Presentatie klantendag Redwood | Runmyjobs
 
Online Business : Optimizing your sales channels, AT INTERNET eCommretail Li...
Online Business : Optimizing  your sales channels, AT INTERNET eCommretail Li...Online Business : Optimizing  your sales channels, AT INTERNET eCommretail Li...
Online Business : Optimizing your sales channels, AT INTERNET eCommretail Li...
 

Kürzlich hochgeladen

unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
Matteo Carbone
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
amitlee9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 

Kürzlich hochgeladen (20)

Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 

Building an E-commerce Business

  • 1. Building an E-commerce Business an approach for a Web 2.0 world 02.18.2011
  • 2. Curriculum ✤ Choosing a Business ✤ Creating a Plan ✤ The E-commerce Iceberg ✤ Road Map to Launch ✤ Running it ✤ 3 quick Case Studies: Small, Medium, Big - How they were Successful at Growth
  • 3. Choosing a Business ✤ Is Your Idea Unique? ✤ If Not... ✤ Online is more Crowded than Offline ✤ Competing in a Google / Affiliate / Drop ship / eBay / Amazon world (POV)
  • 4. Creating A Plan e-Business Roadmap Research Channel Build Market Measure Selection Repeat e-Bay Advertising Focus Grps Design, Build Affiliate Offline Order Management Scorecard Ad hoc calls Website Online Analytics Fulfillment Regular Review Customer Interview Mobile Search Competition Accounting Kiosk PPC Ops Partner Social Mobile App CRM
  • 6. The “New” E-commerce Roadmap e-Commerce WEBSITE Roadmap Fulfillment Channel Build Market Measure Selection Repeat e-Bay Advertising Design, Build Product Sourcing Affiliate Offline Order Management Scorecard Inventory vs Drop Ship Website Online Analytics Fulfillment Regular Review Storage / Warehouse Mobile Search Accounting Order Management Kiosk PPC Ops Partner Social Mobile App CRM
  • 7. The “New” E-commerce Roadmap e-Commerce WEBSITE Roadmap Fulfillment Channel Build Market Measure Selection Repeat e-Bay Advertising Design, Build Product Sourcing Affiliate Offline Order Management Scorecard Inventory vs Drop Ship Website Online Analytics Fulfillment Regular Review Storage / Warehouse Mobile Search Accounting Order Management Kiosk PPC Ops Partner Social Mobile App CRM
  • 8. The “New” E-commerce Roadmap e-Commerce WEBSITE Roadmap Fulfillment Channel Build Market Measure Selection Repeat e-Bay Advertising Design, Build Product Sourcing Affiliate Offline Order Management Scorecard Inventory vs Drop Ship Website Online Analytics Fulfillment Regular Review Storage / Warehouse Mobile Search Accounting Order Management Kiosk PPC Ops Partner Social Mobile App CRM
  • 9. The “New” E-commerce Roadmap e-Commerce WEBSITE Roadmap Fulfillment Channel Build Market Measure Selection Repeat e-Bay Advertising Design, Build Product Sourcing Affiliate Offline Order Management Scorecard Inventory vs Drop Ship Website Online Analytics Fulfillment Regular Review Storage / Warehouse Mobile Search Accounting Order Management Kiosk PPC Ops Partner Social Mobile App CRM
  • 10. Building the Business Dunkin' Donuts Projects for March 2007 Improvement Hours Project Estimate Launch Description Database Server Move Dunkin' Donuts 4 MQ Agent Research Implement Phase 1 of Business Requirements 15 ASAP Adding $100 cap on U.S. Mail Orders & Generic Site Messaging Shopping Cart Issue Detailed Hours Report for January 2007 8 ASAP Find fix for all items showing up under "Suggeted Items" Digex Maintenance 8 Ongoing Ongoing Hours Comprehensive Shipping Changes 20 TBD Completion of 2 lingering issues regarding US Mail Options/ P.O. Box Project Estimate Launch Description Free Iced Coffee Day Emails 16 27-Mar Design/Deploy two emails AS400 Migration 3 TBD Support/Testing Free Iced Coffee Day Graphics/Detail Page 12 27-Mar Main Feature Graphic, Store Locator Graphic & Detail page JetBlue Side Bar Graphic 5 7-Jan Design/Deploy side bar grahpic for JetBlue Admin Tool Performance Issues 10 Ongoing Debugging U.S. Ski Team Graphics & Detail Page 17 10-Jan 2 Large side feature graphics, store finder graphic and detail page Dashboard Report 15 Ongoing Snap shot of metrics and sales numbers: weekly and monthly Franchising Updates 4 12-Jan Updating copy, sidebar graphic on DD.com Other Fixes/Issues 5 Ongoing Customer Issues, other small issues Homepage Updates 8 18-Jan Remove Holiday graphics, update logos & background Weekly Status Calls/Communication/Planning 13 Tuesdays 5 status calls with an avg. of 2 participants from Mnet, future project lists/planning Contests & Promos Page Update 4 22-Jan New Use It Win It graphic, remove all old promos Cycle Nutrition/Small Site Updates 8 Ongoing Nutrition & other small updates Scholarship America Detail Pages 6 28-Jan Update & Deploy Scholarship America Detail page TOTAL HOURS 134 WCFY Homepage Graphic 5 Design/Deploy grahpic Update company info page 1 Copy update Spelling Errors & Shipping Confirmation Emails 4 Fixing spelling errors/updating copy on confirmation emails, remove copy re: ship date Ship Date Error - Order Fixes 3 Final Budget Order Processing 4 9-Jan Final Round of Budget orders, unsettled orders/Restart windows service Refund Process Change/Order Adjustments 12 1-Feb Assisting with the Refund Process Project, call/communication, testing DD.com Biz Requirments Audit 4 6-Feb Report detailing how DD.com handles shipping and order business rules USPS Parcel Post Recap and Report 3 31-Jan Report detailing the impact of the discontinuation of USPS Parcel Post Shipping Method Admin Tool Performance Issues 2 Ongoing Admin tool performance is slower than normal Maple Cheddar Sandwich 10 28-Jan Design/Develop Detail page and supporting graphics Dunkin' Donuts Weekly Dashboard Week of 2007 Feb 12 to Feb 18 Dashboard Reports 14 Ongoing Snap shot of metrics and sales numbers: weekly and monthly Other Fixes/Issues 15 Ongoing Customer Issues, other small issues , sever/application maintenance Weekly Status Calls/Communication/Planning Nutrition/Small Site Updates 18 8 Tuesdays Ongoing 5 status calls with an avg. of 2 participants from Mnet, future project lists/planning Nutrition & other small updates Sales DASHBOARD ANALYSIS %! 2006 Totals DD Card Non-DD Card 665 Boylston Street, Floor 4 Boston, Massachusetts 02116 TOTAL HOURS 150 Sales net of shipping $120,654.60 21% $95,299.11 $16,660.00 $103,994.60 T 617.859.7900 Analytics Review Average Order (#Dunkin’ Dounuts of Products) 4.03 0% 4.03 4.75 3.79 F 617.249.0665 May 2007 Web Performance Average Order ($ of Amount)$38.25 0% $38.32 $12.13 $34.57 dashboard@maintainnet.com maintainnet.com Customer Count 1026 KEY FIGURES Sales per Visitor Session $0.96 Regular Refills % of Total Sales 52.81% Sales 1lb ground and whole bean Top Ten 21% Lb. Coffee Sales Daily + Weekly* 6%$54,703.55 *includes $1,200K 1. 1lb Gound Original Blend (in Thousands of Dollars) Increase in IncreaseWhole Bean Original Blend 3. 5lb in Sales from Sales 2oz Ground Original Blend - 48 pack 2. from $960K 2006 YTD Apr-06Certificate, $1 - book of 5 4. Gift $989K $910K 6. 1lb Whole Bean Original Blend $720K 4. Dunkin Donuts Card, Denomination 38M 19%7. 1 lb Ground Dunkin Decaf $480K $647K $663K $602K 7. 1lb Ground French Vanilla $583K $570K Total Page Increase in $560K $540K $536K $514K $511K 9. Dunkin Donuts Card, Denomination (25 cards min.) Views in New10. 1lb Ground Hazelnut Orders $240K YTD 2007 from YTD Planning planning 2006 Card 1/29- 2/4 2/5-Jun 2/11 Jul Aug 2/12- 2/18Oct Sep Nov Dec Jan Feb Mar Apr May Sales Sales from 1 Year-Ago Total $ Sales of Cards $18,760.00 $27,155.00 $16,660.00 Total # of Cards Sold 1840 2929 1373 Monthly Sales Average $ Amount of Cards Sold $10.20 $9.27 $12.13 Yearly Sales Registrations 14,766 May 2006 %! 4,852 2007 Apr %! 4,388 May 2007 2006 YTD %! 2007 YTD Sales (Net of Sales (Net of Site Performance Shipping) $552,285 9% $569,687 6% $601,819 Shipping) $2,316,115 21% $2,801,462 Page Views Regular Refills % of 1,751,626 Regular Refills % of 54% -5% 52% 0% 52% 52% 0% 52% Visits Total Sales 125,342 Total Sales Average Visit 4:58 Customer Count/ Customer Count/ 3,986 16% 3,673 26% 4,638 18,996 19% 22,613 Median Visit New Orders 2:10 New Orders Views per Session 13.97 Search Referrals Average Order $39.40 54,460 3% $42.30 -4% $40.64 Average Order $39.27 1% $39.72 Repeat Visits 6,314 Sales per Visitor Sales per Visitor $1.06 -21% $0.98 -14% $0.84 $1.00 -23% $0.77 Session Session Execution Current / Last YR MO Current / Last MO YTD / Last YR YTD Site Performance Total Visits & No Referrer Visits May 06 Apr 07 May 07 2007 YTD 1,500K Page Views 6,113,193 6,249,402 7,023,433 38,717,592 1,200K Visits 519,826 581,657 713,088 3,840,945 1,105K Average Visit 0:04:45 0:05:00 0:04:39 0:05:14 900K 859K Median Visit 0:01:58 0:02:06 0:02:01 0:02:17 785K 600K 713K MNET Page 2 of 2 582K 582K Views / Session 11.76 10.74 9.85 10 503K 480K 476K 471K 498K 495K 300K 438K 449K 385K Search Referrals 239,369 246,115 290,895 1,452,931 Analytics Review 300K 231K 221K 209K 246K 254K 190K 193K 211K Repeat Visits 10.19% 9.75% 9.65% 10.22% Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Visits No Referrer ! web analytics email Constant Improvement Cycle
  • 11. Online Business Marketing ✤ Confusing number of marketing venues increases day-by-day ✤ Test and Learn - exhausting and labor intensive but use it to prove a business model that fits your budget ✤ The Facebook Effect -critical for consumer-facing companies ✤ “Long Tails” have opportunity for small and niche businesses especially B-to-B
  • 12. Online Business Marketing ✤ Confusing number of marketing venues increases day-by-day ✤ Test and Learn - exhausting and labor intensive but use it to prove a business model that fits your budget ✤ The Facebook Effect -critical for consumer-facing companies ✤ “Long Tails” have opportunity for small and niche businesses especially B-to-B
  • 13. Online Business Marketing ✤ Confusing number of marketing venues increases day-by-day ✤ Test and Learn - exhausting and labor intensive but use it to prove a business model that fits your budget ✤ The Facebook Effect -critical for consumer-facing companies ✤ “Long Tails” have opportunity for small and niche businesses especially B-to-B
  • 14. Case Study: Barrington Outfitters ✤ 25 year old retail business with no website ✤ $0 - $14K in online sales for December, 2010 ✤ “Instant” Commerce - BigCommerce Store with pre-made template ✤ Email blasts to 750 notebook signers generated 80% customers ✤ KEY TO SUCCESS: Established retail business - email current customers. Carried “high demand” brands like Ugg.
  • 15. Case Study: Barrington Outfitters ✤ 25 year old retail business with no website ✤ $0 - $14K in online sales ✤ “Instant” Commerce - BigCommerce Store with pre-made template ✤ Email blasts to 750 notebook signers generated 80% customers
  • 16. Case Study: Cloudveil ✤ Owners purchased a niche brand for low cash down including customer base of 4K ✤ Reduced cost of online platform / kept branding elements / lowered cost of online biz ops ✤ Online sales increased from $0K - $1.6mm on total e-commerce investment of $100K ✤ Key to Success: Bought niche brand cheap / kept development costs and operating costs to a minimum using SaaS products
  • 17. Case Study: Cloudveil ✤ Owners purchased a niche brand for low cash down including customer base of 4K ✤ Reduced cost of online platform / kept branding elements / lowered cost of online biz ops ✤ Online sales increased from $0K - $1.6mm on total e-commerce investment of $100K
  • 18. Case Study: Poliquin International ✤ Small to medium business growth online in 16 months ✤ Fitness & Nutrition Supplements ✤ B-to-B and B-to-C Components ✤ Online sales increased from $68K - $650K PER MONTH in 16 months ✤ Key to Success: RELENTLESS content creation and social engagement
  • 19. Case Study: Poliquin International ✤ Small to medium business growth online in 16 months ✤ Fitness & Nutrition Supplements ✤ B-to-B and B-to-C Components ✤ Online sales increased from $68K - $650K PER MONTH in 16 months
  • 20. Summary: Key Success Factors ✤ Pick a business carefully, do your research, consider purchase or partnership. The online world is more crowded than the offline world ✤ Expose the “Iceberg” and develop a plan for product fulfillment, order management, customer service BEFORE you design your site ✤ building an Building the business almost always requires “ecosystem” of website, Facebook, Twitter, and blogging updates - creating and sharing content on a regular, timely basis