Vindelici Advisors

Data Transparency as Success Factor for E-Commerce

KEY FINDINGS
01
  • Only one third of all retail stores in Germany provide an online store1
  • In 2019 E-Commerce generated 7,8% of all retail stores revenue in germany2
  • Every fifth sale was made online3
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KEY FINDINGS
02
  • Between 2015 and 2020 E-Commerce revenue increased about Between 2015 and 2020 E-Commerce revenue increased about 180% 4
  • As customers become more used to online shopping, pressure grows on all companies to provide online shopping possibilities
  • It is expected that the number of E-Commerce users will increase by about 600 million within the next years5
KEY FINDINGS
03
  • In the years of pandemic 2020 & 2021 all prognoses and expectations with regard to E-Commerce revenues was exceeded, indicating the sector’s potential6
  • During the pandemic’s peak phases (stringent lockdowns from governments), the share of sales through E-Commerce doubled7
KEY FINDINGS
04
  • The Customer Journey in E-Commerce can be subdivided in seven phases, displaying each step of customer experience during online shopping
  • The customer interaction is equally important across all phases of the customer journey in E-Commerce
KEY FINDINGS
05
  • In the future the importance of statistical analysis and data modeling will increase significantly
  • With the help of data analysis, prognoses can be made for future sales providing a solid foundation for sales planning
KEY FINDINGS
06
  • By using dashboards, a transparent displaying of KPIs according to the quality of the customer journey becomes possible and simplified
  • Vindelici Advisors supports you with data mining and data preparation, providing businesses with efficient dashboards pertaining to best practices and experiences
KEY FINDINGS
1Vgl.HDE.(2019)
2Vgl.Statista(2021h)
3Vgl.Brandl,R.(2021)
4Vgl.Statista.(2021a)
5Vgl.Statista.(2021m)
6Vgl.Statista.(2021e)
7Vgl.Statista.(2021h)
Leonis Petschmann_COO_Managing Partner
Leonis Petschmann
Mark Braun_Senior Manager
Mark Braun
Philipp-Schreiber
Philipp Schreiber
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