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Consulting Report
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Agenda
 
Competitive Environment  Porter’s 5 Forces
SWOT
 
 
What's the base of it? Greener grass for the cattle
Point and Shoot cameras  challenged to survive the Smartphones Sales decreased from $2.4 billion in 2008 to just $1.9 billion in 2011* Big brands are facing this challenge and coming out with new solutions *Market Research NPD group
Worldwide Digital Camera Market  focusing on DSLR Cameras   ,[object Object],[object Object],[object Object],[object Object]
Don't compete with brands,  engage with them ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],*Brand Keys Customer Loyalty Engagement
STEP  1:  Setting up a new cow Proposition Brand image Channel logistics New  idea Inventory management
New Proposition Various, diversified products to non segmented customer  Focus on an specific range of cameras and  equipment for a particular segmented target. Jessops has a established position in the UK market Exclusive offer only from Jessops  Technical advice reputation
“ Your first professional camera”  
Target:   Young professionals 21- 35 years old, who are looking for a camera better than their mobile phone. Online : Campaign Offline: -Newspapers -Tube (touristy stations)
Changing logistics   Centralise to flagship store in London  to optimize volume traffic in both  online/offiline shop Online customer In-Store customer
Marketing Jessop's image will transform  from a simple retailer  to the bridge between  customer and brands. Making the customers to visit the flagship store  to touch and feel the product (experience).
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Inventory management
Other channels Trade - in platform channel 1. A seller bring in the item to sell to the store. 2. Receive cash credit to purchase from Jessops products. Jessop’s role: Product Assessment Provide warranty - 2nd hand buyer (2 years).
STEP  2:  Paint the cow pink
[object Object],Strategic alliances Starter kits Exclusive deals -
[object Object],[object Object],[object Object],[object Object],Jessops Lab
STEP  3:  Milk the cow
Beginner Professional Start.  By taking a picture with a camera (mobile/digital) and upload it. Progress .  1. Purchases at Jessops 2. Measure photographic activity online:  pictures uploaded on social networks, comments. 3. Get points 4. Progress: Jessops unlock content.  Offers additional equipments 5. Developing skills in photography. Professional Photographer path’s life
  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Knowledge Gaming Stock ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Cross Selling   -Offering accessories,  new filters at each level. -Star products. Deal with brand-islands. -Kits to get next level game. Discounts.
Sales relates Awareness Measurement KPI’s Actions Business Performance Average order value Sales per channel (value & volume) Profitability (% of operational sales) Days of Inventory No. of out of stocks Order Conversion rate per online campaign Traffic from offline to online Jessops market share UK DECREASING Find out problems and review segmentation strategy accordingly . Segmentation Performance DSLR share of sales (value & volume) Jessops DSLR market share UK Target Demographic (% of total customers) ON TRACK Continue with plans and use KPI’s to spot business oportunities Customer Engagement K factor (viral factor) Monthly and daily active users for the website and game New to returning users ratio Average monthly revenue per customer ABOVE EXPECTATIONS Consider extra investment to accelerate expansion and capture quick win opportunities.
Conclusions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank you!
Satomi Hisamoto Beatriz Briones Martha Tolosa Olli Lainto Eduardo Hauck

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Jessops E-commerce HULT MDM June2011

  • 2.
  • 3.  
  • 4. Competitive Environment Porter’s 5 Forces
  • 6.  
  • 7.  
  • 8. What's the base of it? Greener grass for the cattle
  • 9. Point and Shoot cameras challenged to survive the Smartphones Sales decreased from $2.4 billion in 2008 to just $1.9 billion in 2011* Big brands are facing this challenge and coming out with new solutions *Market Research NPD group
  • 10.
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  • 12. STEP 1: Setting up a new cow Proposition Brand image Channel logistics New  idea Inventory management
  • 13. New Proposition Various, diversified products to non segmented customer Focus on an specific range of cameras and equipment for a particular segmented target. Jessops has a established position in the UK market Exclusive offer only from Jessops Technical advice reputation
  • 14. “ Your first professional camera”  
  • 15. Target: Young professionals 21- 35 years old, who are looking for a camera better than their mobile phone. Online : Campaign Offline: -Newspapers -Tube (touristy stations)
  • 16. Changing logistics Centralise to flagship store in London to optimize volume traffic in both online/offiline shop Online customer In-Store customer
  • 17. Marketing Jessop's image will transform from a simple retailer to the bridge between customer and brands. Making the customers to visit the flagship store to touch and feel the product (experience).
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  • 19. Other channels Trade - in platform channel 1. A seller bring in the item to sell to the store. 2. Receive cash credit to purchase from Jessops products. Jessop’s role: Product Assessment Provide warranty - 2nd hand buyer (2 years).
  • 20. STEP 2: Paint the cow pink
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  • 23. STEP 3: Milk the cow
  • 24. Beginner Professional Start. By taking a picture with a camera (mobile/digital) and upload it. Progress . 1. Purchases at Jessops 2. Measure photographic activity online: pictures uploaded on social networks, comments. 3. Get points 4. Progress: Jessops unlock content. Offers additional equipments 5. Developing skills in photography. Professional Photographer path’s life
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  • 26. Sales relates Awareness Measurement KPI’s Actions Business Performance Average order value Sales per channel (value & volume) Profitability (% of operational sales) Days of Inventory No. of out of stocks Order Conversion rate per online campaign Traffic from offline to online Jessops market share UK DECREASING Find out problems and review segmentation strategy accordingly . Segmentation Performance DSLR share of sales (value & volume) Jessops DSLR market share UK Target Demographic (% of total customers) ON TRACK Continue with plans and use KPI’s to spot business oportunities Customer Engagement K factor (viral factor) Monthly and daily active users for the website and game New to returning users ratio Average monthly revenue per customer ABOVE EXPECTATIONS Consider extra investment to accelerate expansion and capture quick win opportunities.
  • 27.
  • 29. Satomi Hisamoto Beatriz Briones Martha Tolosa Olli Lainto Eduardo Hauck