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Discuss on Performance metrics and Conversion rate and Abandonment rate & Return on investments
Stars Inc. is a large clothing corporation that specializes in reselling clothes worn by celebrities. The company's four Web sites generate 75 percent of its sales. The remaining 25 percent of sales occur directly through the company's warehouse. You have recently been hired as the director of sales. The only information you can find on the success of the four Web sites follows-
Web Site
Classic
Contemporary
New Age
Traditional
Traffic analysis
5,000 hits/day
200 hits/day
10,000 hits/day
1,000 hits/day
Stickiness (average)
20min.
1 hr.
20 min.
50min.
Number of abandoned shopping carts
400/day
0/day
5,000/day
200/day
Number of unique visitors
2,000/day
100/day
8,000/day
Number of identified visitors
3,000/day
800/day
Average revenue per sale
$1,000
$50
$1,300
You decide that maintaining four separate Web sites is expensive and adds little business value. You want to propose consolidating to one Web site. Create a report detailing the business value gained by consolidating to a single Web site, be sure to include the following: - Recommendation for consolidation - Web site profitability analysis - Potential ethical issues facing an e-business - Potential security issues facing an e-business
invested for total 6 years at 6% compounded semi-annually for first four years followed by 12%compounded quarterly for final 2 years.
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