Stance identified extremely high potential in its ecommerce channel but had yet to capitalize on it. The organization routinely spent time and resources on maintaining a brand-first approach, but many times sacrificing results and revenue performance. The ecommerce average order value hadn’t changed in 5+ years, even with the introduction of higher priced t-shirts and new product categories like mens underwear.
Key Focus Areas
Low Average Order Value on Ecommerce
Recurring results for +5 years despite expansion into other categories.
High Potential for Ecommerce Growth
Under utilized platform not capitalizing on maximum results and revenue performance.
Brand-First Approach Hurting Revenue Performance
Opportunity to shift focus on resources to generate higher comps.
Solution
Data Driven Testing
We introduced and refined a new approach to enhancing stance.com by refocusing efforts on a data-driven approach of “pass/fail, or fast and learn” testing. Which helped to identify key touch points that directly affect user behavior and shift revenue trends.
Identified Site Inefficiencies
We found brand and design efficiencies to support the business first and minimize wasted efforts that don’t yield results.
Identified New KPIs
We redefined KPIs away from myopic data points to create a more holistic view of ecommerce health, and help stance better focus on items that indicated greater engagement.
Success Metrics
Implemented Data Driven Testing
15% Increase in RPV when shipping threshold at $50 vs. $25
Average Order Improvement
Overall orders saw a total improve of around 20%. In addition customers adding units per transaction increased by 33%.
Improved Profiability
We improved the margins and order size of Stance’s shipping
Revenue Increase
Revenue increased > $1M within the first calenderer year from the changes to shipping/additional products being added to cart.