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[E-Commerce Operation Strategy] Part 2: Consulting Case for Developing a shopping mall

Part 2: Consulting Case for Developing a shopping mall
 

By jake park(jake.kbpark@gmail.com)




 

Most small and medium-sized enterprises have a shopping mall with their business strategy. Then why do they ask for e-commerce consulting? Companies may want to see the distant future and have their shopping malls suitable for the trend. 

 

In this case, company A, which has already been a shopping mall site for years, is an importer of fashion and other merchandise. Unfortunately, due to the old logistics system (WMS, OMS), company A could not have synced the connection of the product procurement, sales, and management process, so it was judged that the inventory needed to be appropriately managed. Company A's goal was to increase net revenue and expand its business area of featured products.

 

For this goal, the company has requested consulting to improve our e-commerce processes and develop their own advanced and stable shopping mall with high availability. 

 

 

How to consult on e-Commerce

 

Before you begin full-scale e-commerce consulting, you will agree on your vision and objectives with the customer and make a rough blueprint for the To-be shopping mall system. In other words, you can capture the features of the virtual target system aligned to the customer's requirements. 

 

Following the consulting process, the process and related system linkage plan are reviewed, and the stages of Planning, Current State Review, Proposal, and consultation are sequentially carried out. 

 

< Example of e-commerce consulting methodology>

 

 

Identification of improvements and solutions

 

The significant issues in the focus group interview will identify improvement opportunities. At the beginning of the consultation, a consultant will discover improvements and consulting solutions on those issues through dozens of questions. Consultants discuss improvement tasks with customers at each step and prioritize solutions applied next shopping mall.

 

Suggestion of the best way to build your mall

 

By presenting the various improvement tasks and solutions mentioned above, you will make a final suggestion on how to build the first e-commerce shopping mall. The customer chooses the proposal considering the construction cost budget and the construction's duration, then plans a new development project and proceeds with the construction of the shopping mall. In this case, I proposed three shopping mall development plans.

 

Plan 1) Individual malls for each brand.

We can develop an online shopping mall for each brand of the company (e.g., luxury fashion, etc.)

 

Plan 2) An integrated mall with own various brands

We can develop a form in which an integrated mall is established by branding the relevant company as a reclassified product group in its mall (e.g., the shopping mall of a large company)

 

Plan 3) A comprehensive commerce platform.

We can develop a general mall that stores its brand and other brands based on enterprise size. (e.g., extensive retail shopping malls, etc.).

 

 

Three recommendations for developing an e-commerce shopping mall

 

Firstly, we need to understand what the company is doing to develop a shopping mall. Clients will offer a high-quality solution if they know exactly what's going on before consulting.

 

Secondly, consulting costs are investments. Of the budget for IT system deployment, consulting budgets should also be considered at around 5% from experience. In experience, small and medium-sized companies want to build shopping malls to increase sustainability, efficiency, and availability for SI-specialized IT companies, so expectations for e-commerce consulting are high. For this, please make sure to set a preliminary budget for consulting.

 

Thirdly, Meeting a consultant who knows your company well or wants to understand the industry is important. Also, what customers want is the experience in related fields. Consultants who have experienced various contexts will be able to discover new ideas and build shopping malls for customers who wish to use multiple solutions.

 

In summary, e-commerce consultants can propose optimal business solutions. It is crucial to improve issues from a 3rd party's point of view and to build a new e-commerce shopping mall. I have many e-commerce business consultants to demonstrate how you can create or add value.

In the following article, I will show you a customer segmentation case resulting from my e-commerce consulting project.

 

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