The strategic session for ecommerce: Why is it important?

The strategic session for ecommerce: Why is it important?

?? The real story of our client

In a small town near London, a family-owned manufacturing company specialized in crafting industrial equipment. For generations, they thrived through local sales, but as competition increased, they knew they needed to expand.

They decided to explore digital sales channels, but their first attempt didn’t go as planned. The website had few inquiries, poor navigation, and limited product information.

Realizing they needed expert help, the family reached out to us. We suggested a strategic session to analyze their business and develop a clear plan for succeeding in the digital marketplace.


?? What is a strategy session?

During the strategic session, the family and our team conducted an in-depth study of their business. This process included product analysis, market research, understanding customer journey workshop, and assessing the competitive environment. They were able to view their business from different perspectives, identify its strengths and weaknesses, and develop a strategy to improve results.

?? Why was the strategy session key to success?

1?? Understanding Stakeholders

During the strategy session, the family realized the importance of considering the needs of all market participants, including buyers, suppliers, and even site administrators. This enabled us to create a platform that was convenient and attractive to all users.

2?? In-depth Market Analysis

We studied competitors and discovered that other companies had already implemented some of their ideas. This insight helped us find new ways to differentiate the business and offer unique value to customers.

3?? Clear Definition of Functionality

By understanding the needs of their customers, we developed a list of essential features for the site, ensuring high usability and customer satisfaction.

4?? Technical Feasibility

Our team identifies potential technical challenges early on, allowing us to avoid significant problems during the development and launch of the new site.

5?? Budget and Timeline Planning

Thanks to the strategy session, the family gained a clear understanding of the money and time required to implement the project. This allowed them to effectively allocate resources and choose reliable service providers.

6?? Risk Reduction

While it's impossible to anticipate every difficulty, careful planning helped us and the family prepare for most challenges that could arise along the way.

?? Implementing the strategy and achieving results

With a new action plan in place, we began implementing all the changes developed during the strategy session. The new website was not only user-friendly and functional but also attracted potential customers with its unique approach to sales. We introduced several new features, such as product personalization and a convenient payment system, which made the buying process as simple and enjoyable as possible for users.

The results were swift. The number of site visitors increased, and orders began coming in not only from the city of the family but from other regions of the country as well.


?How you can succeed too?

This story is not just an example of a successful business but a reminder of how crucial it is to understand your market, customers, and the products you offer. A strategy session can be the key that opens the door to a new level of business development.

If you're interested in learning more about how a strategy session can benefit your company, I’d be happy to share my experience and discuss opportunities for cooperation. Write me a message and we can explore the best approach to your project.

Nice article, but why do you have P1 items which are marked as "Should Have" and "Nice to have" - Surely P1 items should be "Must Have" otherwise they would be lower down in the priority ??

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Oleksandr Brenik

E-commerce Growth Strategist at Elogic | Adobe Commerce (Magento), Shopify, Salesforce

2 个月

That's a fantastic case study! It's a great reminder that even established businesses can benefit significantly from a strategic review.

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