E-Commerce – small and medium-sized enterprises
The medium-sized sector is the engine of the German economy. Small and medium-sized trading companies (SMEs) with up to 250 employees and/or 50 million euros in revenue generate around a third of the turnover and employ well over half of the social security-insured employees in Germany.*
Local Heroes – in prime position for a lasting success story in retail
They still exist, those locally run specialty shops with one or very few branches, focusing strongly on either a purely brick-and-mortar or regional omni-channel market approach.
PRICING AS ONE OF THE VALUE DRIVERS FOR EBIT INCREASE
Adjusting the right levers in pricing can achieve an EBIT increase of 1 to 1.5 percentage points in a short time. This is demonstrated by numerous reference projects in the construction supply, medical, or retail industry.
Forward Focus: Key Marketing Themes Shaping 2024
The discipline of marketing has seemingly been in a perpetual phase of exploration and repositioning for decades. Despite many factors working in favor of marketing over the years, such as the measurability brought about by digitization and the acknowledged need for businesses to become more customer-centric (with “customer data is the new gold,” etc.), classical marketing disciplines have barely benefited from these developments.
Re-Focus E-Commerce
The first major e-com crisis is a good time to adjust the business model and strategy
You can change your strategy every year – but then you don’t have a strategy!
Google search returns close to 3 billion results for the keyword “strategy,” Amazon offers several 100,000 books and podcasts on “strategy,” nearly everything from chess play to war and sports right up to orchestra has been used to illustrate (or demonstrate)what (great) strategy looks like.
SUSTAINABILITY – WTF?
SDGs, ESG, 3Ps, CSR, CSRD, CO2, SBTi, DNK, GRI … WTF? What sounds more like a reprise of the Fanta 4 hit “MfG” triggers many question marks for companies that are starting to deal with their sustainability strategy.
OMNI-CHANNEL – YES, BUT HOW?
Covid-19 was a turbo-catalyst in that many retailers introduced “omni-channel” virtually with a crowbar. Suddenly, tools and processes for online appointments were launched, curbside pickup was made possible, live shopping advice was introduced, and even the handling of QR codes, which had previously been unpopular and unused in Europe, became a matter of course.
New Work
It is difficult to imagine modern companies without the new world of work, which is much more flexible, self-determined and characterized by home office and digital working.