SlideShare a Scribd company logo
1 of 14
Download to read offline
COLOURPOP.COM
ANDREW DONALD
SHARAYU JOSHI
TRAVIS MUELLER
JUHI PATELL
JEONG SU HAN
DI WU
BEAUTYTHAT
DOESN’T BREAK
THE BANK
 Cosmetics company est. 2014
 Headquartered in Oxnard, CA
 Founder & CEO Laura Nelson
 Cruelty-free
 Develop, manufacture,test, package,and sell
products directly to the consumer
 Was 100% online until 2017
BUSINESS OBJECTIVES
Build brand awareness
among customers
Increase sales revenue
Expand customer traffic
to the site
Develop the customer
base
METRICS FOR SUCCESS
Sessions
Conversion rate
Revenue
Return on Advertisement
SESSIONS ANALYSIS
Engagement shows positive trends:
 Reduced overall Bounce Rate by 25%
 Increased avg. # of Pages / Session from 3.91 to
4.99
 54% increase in Avg. Session Duration (~69
seconds longer)
 However,the data shows significant decreases
in completed purchases between last year and this
year:
Main issue we are looking at is the 96.34%
decrease in Purchase Completion, what's the cause?
36% decrease in overall Users and a 39% decrease
in New Users
Declines in every Acquisition channel (Except for
Affiliates)
30-35% decrease in Active users
This only explains a 30-40% decrease,does not
explain +90% decrease
USING CONVERSION TO TRACK COMPLETED ONLINE PURCHASES
 The data shows significant decreases in completed
purchases between last year and this year
 Main issue we are looking at is the 96.34% decrease
in Purchase Completion, what's the cause?
 Cart Abandonment Rate increased to 92.24%
 Exit Rate in Payment has increased from 8.49% to
49.52%
 Bounce Rate for Payment increased from 0% - 50%
TRAVELING DOWN THE CONVERSION FUNNEL
 Where are our customers falling off
 8,762 customers added to their cart in January2019,butonly
24.13% of them moved on to Shipping and Billing
 From there another 60.31% moved onto Payment
 From Paymentonly 12.08% continued onto the Review
 Another 50.65% of potential customers dropped off without
confirming their order
 Only 0.89% of potential customers who started the
purchasing processsuccessfully placed an order
 Major issues in the conversion funnel with Additions to
Cart, and Payment, over 80% of customers drop off at
each step.
CONVERSIONS ANALYSIS
 Saw a 30-40% traffic decrease from last year to this year
 <1% of customers completed a purchase in Jan 2019
 Jan 2018 there was a 28.93% success rate for purchases,
with every step of the funnel having over 90% completion
other than Cart Additions (33.71%)
 This large of a decrease across every step of the funnel
may result from an issue with the website itself
 Unlikely that this drop is due to competition (would not
account for significant losses in the middle of the funnel)
 The web page itself may have an error preventing it from
loading properly or displaying the correct information
 Incorrectbilling or price info,long loading times or crashing
 This is most likely happening on the Payment page
CHANGE IN REVENUE
 There have been significant
changes in the Revenue in
January 2019 compared to
January 2018
 The Revenuehas
decreased by 99.03% from
$404,994 in January 2018
to $3948 in January 2019
METRIC CHANGE IMPACT ON REVENUE
•Revenuehas decreased by -$401,045 as
compared to LY
•Conversion rate has affected the revenue
the most, accounting for $385,049 decrease
in the revenue
•Traffic (Sessions) combined with Reduced
AOV has estimated to have the revenue
reduced by $428,385
LY TY % change $ change
Revenue
$404,993.8
3
$3,948.42 -99.03%
-
$401,045.41
Sessions 88211 58920.00 -33.21% -29291
AOV $195.74 $54.09 -72.37% -$141.66
Conversion 2.35% 0.12% -94.89% -2.23%
Metrics
Metric Change Impact
on Revenue
Sessions -$134,737.96
AOV -$293,646.62
Conversion -$385,048.58
ROA ANALYSIS
 Revenueand ROA from both ”Colourpop" and "Colourpop
Cosmetics" Search queries have been dropped significantly
 ROA drops from 170.19 to – 0.07 from 2018 to 2019
 Revenuedrops from 1645.11 to 790.99 from 2018 to 2019
 Only Lipstick campaign has positive ROA at 4.68
 Eyeshadow campaign costs most with no revenue
PROMOTION CLICK SUCCESS EVENT
"Promotion Click"Tracking:
 No comparisonYoY since“Promotion Clicks” did
not exist or were not being tracked the year prior.
 Popular user interaction: within one year,comprises
14% of all sitewide success events.
Promotion RevenueImpact:
 Drives a higher Avg. OrderValue than the sitewide
average ($85 AOV compared to $62 AOV sitewide;
36% higher)
FINAL RECOMMENDATIONS
 Contact the IT department regarding possible technical issues preventing
customers from completing all the steps in the conversion funnel
 In order to reduce cart abandonments, offer more data-driven promo
opportunities, especially during end of the checkout process on payment and
basket pages (i.e. related-item bundles,credit card/reward programs, and add-on
items that provide future discounts)
 Perform A/B testing to test the variations in the shipping/billing pages to
improve the conversion rate since we are losing 80% of the customers on the
billing page
 Generate surveys to get honest customer reviews to find out their
expectations, since the sales have dropped by 99%, and align marketing
campaigns for transparency
 Weigh the costs and benefits of shipping to China. Set up the overseas server in
China and inventory in bonded area.
 Volume based promotions
THANKYOU
ANDREW DONALD
SHARAYU JOSHI
TRAVIS MUELLER
JUHI PATELL
JEONG SU HAN
DI WU

More Related Content

What's hot

Webinar: Overcoming the 5 biggest challenges in eCommerce
Webinar: Overcoming the 5 biggest challenges in eCommerceWebinar: Overcoming the 5 biggest challenges in eCommerce
Webinar: Overcoming the 5 biggest challenges in eCommercePure360
 
Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...
Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...
Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...Dave Spannhake
 
Friend, Foe or Frenemy: Unpacking Online Shopping
Friend, Foe or Frenemy: Unpacking Online ShoppingFriend, Foe or Frenemy: Unpacking Online Shopping
Friend, Foe or Frenemy: Unpacking Online ShoppingNumerator
 
Leading Edge Merchandising Best Practices
Leading Edge  Merchandising  Best PracticesLeading Edge  Merchandising  Best Practices
Leading Edge Merchandising Best Practiceskarinabradley
 
Summitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media ToolsetSummitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media ToolsetSummitry Worldwide
 
3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT
3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT
3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENTRobert J. Gorincen
 
Performance marketing: Display matters - Ulrich Bartholomaus
Performance marketing: Display matters - Ulrich BartholomausPerformance marketing: Display matters - Ulrich Bartholomaus
Performance marketing: Display matters - Ulrich Bartholomausauexpo Conference
 
Turning Wholesale Buying Into Competitive Advantage
Turning Wholesale Buying Into Competitive AdvantageTurning Wholesale Buying Into Competitive Advantage
Turning Wholesale Buying Into Competitive AdvantageRobert J. Gorincen
 
Standardization, Self-Governance and Self-Regulations as an Industry - can th...
Standardization, Self-Governance and Self-Regulations as an Industry - can th...Standardization, Self-Governance and Self-Regulations as an Industry - can th...
Standardization, Self-Governance and Self-Regulations as an Industry - can th...auexpo Conference
 
Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?
Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?
Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?auexpo Conference
 
Walmart Advertising Strategies to Accelerate Your Marketplace Sales
Walmart Advertising Strategies to Accelerate Your Marketplace SalesWalmart Advertising Strategies to Accelerate Your Marketplace Sales
Walmart Advertising Strategies to Accelerate Your Marketplace SalesTinuiti
 
How AXA increased ROI on affiliates by 180%
How AXA increased ROI on affiliates by 180%How AXA increased ROI on affiliates by 180%
How AXA increased ROI on affiliates by 180%JanSobczak5
 
De Bijenkorf Niels Reijmer
De Bijenkorf Niels ReijmerDe Bijenkorf Niels Reijmer
De Bijenkorf Niels ReijmerBigDataExpo
 
Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...
Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...
Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...karinabradley
 
The Contextual Marketing Imperative: Rethinking your personalization strategy
The Contextual Marketing Imperative:  Rethinking your personalization strategyThe Contextual Marketing Imperative:  Rethinking your personalization strategy
The Contextual Marketing Imperative: Rethinking your personalization strategySAP Customer Experience
 
Thefutureofretail 141207175051-conversion-gate02
Thefutureofretail 141207175051-conversion-gate02Thefutureofretail 141207175051-conversion-gate02
Thefutureofretail 141207175051-conversion-gate02JOHAN BROODCOORENS
 

What's hot (20)

Webinar: Overcoming the 5 biggest challenges in eCommerce
Webinar: Overcoming the 5 biggest challenges in eCommerceWebinar: Overcoming the 5 biggest challenges in eCommerce
Webinar: Overcoming the 5 biggest challenges in eCommerce
 
Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...
Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...
Digital Dealer Webinar - How Does My Digital Strategy Stack Up to the Competi...
 
Friend, Foe or Frenemy: Unpacking Online Shopping
Friend, Foe or Frenemy: Unpacking Online ShoppingFriend, Foe or Frenemy: Unpacking Online Shopping
Friend, Foe or Frenemy: Unpacking Online Shopping
 
Leading Edge Merchandising Best Practices
Leading Edge  Merchandising  Best PracticesLeading Edge  Merchandising  Best Practices
Leading Edge Merchandising Best Practices
 
On Target 2014, Christopher Engman, Vendemore
On Target 2014, Christopher Engman, VendemoreOn Target 2014, Christopher Engman, Vendemore
On Target 2014, Christopher Engman, Vendemore
 
Summitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media ToolsetSummitry Worldwide - Pathfinder Social Media Toolset
Summitry Worldwide - Pathfinder Social Media Toolset
 
3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT
3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT
3 KEYS TO IMPROVED NEW-CAR INVENTORY MANAGEMENT
 
On target 2015, Christopher Engman, Vendemore
On target 2015, Christopher Engman, VendemoreOn target 2015, Christopher Engman, Vendemore
On target 2015, Christopher Engman, Vendemore
 
Performance marketing: Display matters - Ulrich Bartholomaus
Performance marketing: Display matters - Ulrich BartholomausPerformance marketing: Display matters - Ulrich Bartholomaus
Performance marketing: Display matters - Ulrich Bartholomaus
 
Turning Wholesale Buying Into Competitive Advantage
Turning Wholesale Buying Into Competitive AdvantageTurning Wholesale Buying Into Competitive Advantage
Turning Wholesale Buying Into Competitive Advantage
 
Standardization, Self-Governance and Self-Regulations as an Industry - can th...
Standardization, Self-Governance and Self-Regulations as an Industry - can th...Standardization, Self-Governance and Self-Regulations as an Industry - can th...
Standardization, Self-Governance and Self-Regulations as an Industry - can th...
 
Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?
Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?
Only 4.6% of Marketers can Spot a Winning Landing Page – Can You?
 
Walmart Advertising Strategies to Accelerate Your Marketplace Sales
Walmart Advertising Strategies to Accelerate Your Marketplace SalesWalmart Advertising Strategies to Accelerate Your Marketplace Sales
Walmart Advertising Strategies to Accelerate Your Marketplace Sales
 
How AXA increased ROI on affiliates by 180%
How AXA increased ROI on affiliates by 180%How AXA increased ROI on affiliates by 180%
How AXA increased ROI on affiliates by 180%
 
De Bijenkorf Niels Reijmer
De Bijenkorf Niels ReijmerDe Bijenkorf Niels Reijmer
De Bijenkorf Niels Reijmer
 
Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...
Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...
Pushing Past the Status Quo: in Your Wholesale & Retail Operations How Effici...
 
Social @ Every Turn
Social @ Every TurnSocial @ Every Turn
Social @ Every Turn
 
AWAC Presentation
AWAC PresentationAWAC Presentation
AWAC Presentation
 
The Contextual Marketing Imperative: Rethinking your personalization strategy
The Contextual Marketing Imperative:  Rethinking your personalization strategyThe Contextual Marketing Imperative:  Rethinking your personalization strategy
The Contextual Marketing Imperative: Rethinking your personalization strategy
 
Thefutureofretail 141207175051-conversion-gate02
Thefutureofretail 141207175051-conversion-gate02Thefutureofretail 141207175051-conversion-gate02
Thefutureofretail 141207175051-conversion-gate02
 

Similar to Colourpop

Aligning Sales and Marketing Investments to Maximize Sales Performance
Aligning Sales and Marketing Investments to Maximize Sales PerformanceAligning Sales and Marketing Investments to Maximize Sales Performance
Aligning Sales and Marketing Investments to Maximize Sales PerformanceCallidus Software
 
Ecommerce and Brick and Mortar Retail in Canada
Ecommerce and Brick and Mortar Retail in CanadaEcommerce and Brick and Mortar Retail in Canada
Ecommerce and Brick and Mortar Retail in CanadaFabiana Pereira
 
2014 SaaS Metrics Report
2014 SaaS Metrics Report2014 SaaS Metrics Report
2014 SaaS Metrics ReportTotango
 
B2B Enterprise Demand Generation Study - 2015
B2B Enterprise Demand Generation Study - 2015B2B Enterprise Demand Generation Study - 2015
B2B Enterprise Demand Generation Study - 2015Pajama Program
 
2016 SaaS Metrics Report
2016 SaaS Metrics Report2016 SaaS Metrics Report
2016 SaaS Metrics ReportTotango
 
Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...
Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...
Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...SlideTeam
 
Financial Modeling for startups
Financial Modeling for startupsFinancial Modeling for startups
Financial Modeling for startupsAsen Gyczew
 
David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...
David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...
David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...Dave Spannhake
 
Jump.red eye.2014.widescreen
Jump.red eye.2014.widescreenJump.red eye.2014.widescreen
Jump.red eye.2014.widescreenMark Patron
 
2018 State of B2B Digital Marketing
2018 State of B2B Digital Marketing2018 State of B2B Digital Marketing
2018 State of B2B Digital MarketingNageswar Annangi
 
How Industrial Marketers Track ROI
How Industrial Marketers Track ROIHow Industrial Marketers Track ROI
How Industrial Marketers Track ROIAndrew Flynn
 
Measuring Communication Success
Measuring Communication SuccessMeasuring Communication Success
Measuring Communication SuccessTom Nicholson
 
Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...
Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...
Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...SlideTeam
 
17 Demand Generation Statistics Every CMO Needs to See
17 Demand Generation Statistics Every CMO Needs to See17 Demand Generation Statistics Every CMO Needs to See
17 Demand Generation Statistics Every CMO Needs to SeeHubSpot
 
eTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research ReporteTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research ReportDavid Matthews
 
2016 State of B2B Digital Marketing Report - Slides
2016 State of B2B Digital Marketing Report - Slides2016 State of B2B Digital Marketing Report - Slides
2016 State of B2B Digital Marketing Report - SlidesDemandWave
 
SEOzone 2015 - Andraz Stalec - Lean Digital Marketing
SEOzone 2015 - Andraz Stalec - Lean Digital MarketingSEOzone 2015 - Andraz Stalec - Lean Digital Marketing
SEOzone 2015 - Andraz Stalec - Lean Digital MarketingSEOzeo
 
Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1
Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1
Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1wimvermeulen
 

Similar to Colourpop (20)

Aligning Sales and Marketing Investments to Maximize Sales Performance
Aligning Sales and Marketing Investments to Maximize Sales PerformanceAligning Sales and Marketing Investments to Maximize Sales Performance
Aligning Sales and Marketing Investments to Maximize Sales Performance
 
Ecommerce and Brick and Mortar Retail in Canada
Ecommerce and Brick and Mortar Retail in CanadaEcommerce and Brick and Mortar Retail in Canada
Ecommerce and Brick and Mortar Retail in Canada
 
2014 SaaS Metrics Report
2014 SaaS Metrics Report2014 SaaS Metrics Report
2014 SaaS Metrics Report
 
B2B Enterprise Demand Generation Study - 2015
B2B Enterprise Demand Generation Study - 2015B2B Enterprise Demand Generation Study - 2015
B2B Enterprise Demand Generation Study - 2015
 
2016 SaaS Metrics Report
2016 SaaS Metrics Report2016 SaaS Metrics Report
2016 SaaS Metrics Report
 
Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...
Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...
Analyzing Customer Journey And Data From 360 Degree PowerPoint Presentation S...
 
Financial Modeling for startups
Financial Modeling for startupsFinancial Modeling for startups
Financial Modeling for startups
 
David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...
David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...
David Kain NCM 20 Group - Marketing Budget Efficiencies as the Economy Begins...
 
B2B-Lead-Generation-Report
B2B-Lead-Generation-ReportB2B-Lead-Generation-Report
B2B-Lead-Generation-Report
 
Lead Validation Study
Lead Validation StudyLead Validation Study
Lead Validation Study
 
Jump.red eye.2014.widescreen
Jump.red eye.2014.widescreenJump.red eye.2014.widescreen
Jump.red eye.2014.widescreen
 
2018 State of B2B Digital Marketing
2018 State of B2B Digital Marketing2018 State of B2B Digital Marketing
2018 State of B2B Digital Marketing
 
How Industrial Marketers Track ROI
How Industrial Marketers Track ROIHow Industrial Marketers Track ROI
How Industrial Marketers Track ROI
 
Measuring Communication Success
Measuring Communication SuccessMeasuring Communication Success
Measuring Communication Success
 
Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...
Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...
Omnichannel Marketing For Creating A Seamless Customer Experience PowerPoint ...
 
17 Demand Generation Statistics Every CMO Needs to See
17 Demand Generation Statistics Every CMO Needs to See17 Demand Generation Statistics Every CMO Needs to See
17 Demand Generation Statistics Every CMO Needs to See
 
eTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research ReporteTail Canada Ecommerce Retail Market Research Report
eTail Canada Ecommerce Retail Market Research Report
 
2016 State of B2B Digital Marketing Report - Slides
2016 State of B2B Digital Marketing Report - Slides2016 State of B2B Digital Marketing Report - Slides
2016 State of B2B Digital Marketing Report - Slides
 
SEOzone 2015 - Andraz Stalec - Lean Digital Marketing
SEOzone 2015 - Andraz Stalec - Lean Digital MarketingSEOzone 2015 - Andraz Stalec - Lean Digital Marketing
SEOzone 2015 - Andraz Stalec - Lean Digital Marketing
 
Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1
Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1
Marketing effectiveness 2019 Wim Vermeulen and Peter Field Part 1
 

Recently uploaded

Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 

Recently uploaded (20)

Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 

Colourpop

  • 1. COLOURPOP.COM ANDREW DONALD SHARAYU JOSHI TRAVIS MUELLER JUHI PATELL JEONG SU HAN DI WU
  • 2. BEAUTYTHAT DOESN’T BREAK THE BANK  Cosmetics company est. 2014  Headquartered in Oxnard, CA  Founder & CEO Laura Nelson  Cruelty-free  Develop, manufacture,test, package,and sell products directly to the consumer  Was 100% online until 2017
  • 3. BUSINESS OBJECTIVES Build brand awareness among customers Increase sales revenue Expand customer traffic to the site Develop the customer base
  • 4. METRICS FOR SUCCESS Sessions Conversion rate Revenue Return on Advertisement
  • 5. SESSIONS ANALYSIS Engagement shows positive trends:  Reduced overall Bounce Rate by 25%  Increased avg. # of Pages / Session from 3.91 to 4.99  54% increase in Avg. Session Duration (~69 seconds longer)  However,the data shows significant decreases in completed purchases between last year and this year: Main issue we are looking at is the 96.34% decrease in Purchase Completion, what's the cause? 36% decrease in overall Users and a 39% decrease in New Users Declines in every Acquisition channel (Except for Affiliates) 30-35% decrease in Active users This only explains a 30-40% decrease,does not explain +90% decrease
  • 6. USING CONVERSION TO TRACK COMPLETED ONLINE PURCHASES  The data shows significant decreases in completed purchases between last year and this year  Main issue we are looking at is the 96.34% decrease in Purchase Completion, what's the cause?  Cart Abandonment Rate increased to 92.24%  Exit Rate in Payment has increased from 8.49% to 49.52%  Bounce Rate for Payment increased from 0% - 50%
  • 7. TRAVELING DOWN THE CONVERSION FUNNEL  Where are our customers falling off  8,762 customers added to their cart in January2019,butonly 24.13% of them moved on to Shipping and Billing  From there another 60.31% moved onto Payment  From Paymentonly 12.08% continued onto the Review  Another 50.65% of potential customers dropped off without confirming their order  Only 0.89% of potential customers who started the purchasing processsuccessfully placed an order  Major issues in the conversion funnel with Additions to Cart, and Payment, over 80% of customers drop off at each step.
  • 8. CONVERSIONS ANALYSIS  Saw a 30-40% traffic decrease from last year to this year  <1% of customers completed a purchase in Jan 2019  Jan 2018 there was a 28.93% success rate for purchases, with every step of the funnel having over 90% completion other than Cart Additions (33.71%)  This large of a decrease across every step of the funnel may result from an issue with the website itself  Unlikely that this drop is due to competition (would not account for significant losses in the middle of the funnel)  The web page itself may have an error preventing it from loading properly or displaying the correct information  Incorrectbilling or price info,long loading times or crashing  This is most likely happening on the Payment page
  • 9. CHANGE IN REVENUE  There have been significant changes in the Revenue in January 2019 compared to January 2018  The Revenuehas decreased by 99.03% from $404,994 in January 2018 to $3948 in January 2019
  • 10. METRIC CHANGE IMPACT ON REVENUE •Revenuehas decreased by -$401,045 as compared to LY •Conversion rate has affected the revenue the most, accounting for $385,049 decrease in the revenue •Traffic (Sessions) combined with Reduced AOV has estimated to have the revenue reduced by $428,385 LY TY % change $ change Revenue $404,993.8 3 $3,948.42 -99.03% - $401,045.41 Sessions 88211 58920.00 -33.21% -29291 AOV $195.74 $54.09 -72.37% -$141.66 Conversion 2.35% 0.12% -94.89% -2.23% Metrics Metric Change Impact on Revenue Sessions -$134,737.96 AOV -$293,646.62 Conversion -$385,048.58
  • 11. ROA ANALYSIS  Revenueand ROA from both ”Colourpop" and "Colourpop Cosmetics" Search queries have been dropped significantly  ROA drops from 170.19 to – 0.07 from 2018 to 2019  Revenuedrops from 1645.11 to 790.99 from 2018 to 2019  Only Lipstick campaign has positive ROA at 4.68  Eyeshadow campaign costs most with no revenue
  • 12. PROMOTION CLICK SUCCESS EVENT "Promotion Click"Tracking:  No comparisonYoY since“Promotion Clicks” did not exist or were not being tracked the year prior.  Popular user interaction: within one year,comprises 14% of all sitewide success events. Promotion RevenueImpact:  Drives a higher Avg. OrderValue than the sitewide average ($85 AOV compared to $62 AOV sitewide; 36% higher)
  • 13. FINAL RECOMMENDATIONS  Contact the IT department regarding possible technical issues preventing customers from completing all the steps in the conversion funnel  In order to reduce cart abandonments, offer more data-driven promo opportunities, especially during end of the checkout process on payment and basket pages (i.e. related-item bundles,credit card/reward programs, and add-on items that provide future discounts)  Perform A/B testing to test the variations in the shipping/billing pages to improve the conversion rate since we are losing 80% of the customers on the billing page  Generate surveys to get honest customer reviews to find out their expectations, since the sales have dropped by 99%, and align marketing campaigns for transparency  Weigh the costs and benefits of shipping to China. Set up the overseas server in China and inventory in bonded area.  Volume based promotions
  • 14. THANKYOU ANDREW DONALD SHARAYU JOSHI TRAVIS MUELLER JUHI PATELL JEONG SU HAN DI WU