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Sia helped a leading European department store transition to an omnichannel marketplace model by defining its e-commerce strategy, improving the customer experience and digital marketing performance, and increasing ROAS by 60%.
As customer expectations evolve, traditional department stores are under increasing pressure to deliver seamless digital experiences.
A growing number of retailers are opening their e-commerce sites to third-party sellers. This marketplace model lets a retailer expand its product assortment without adding inventory costs. In Western Europe, marketplace sales rose from 35% of retail e-commerce in 2014 to 42% in 2022, according to Euromonitor, and marketplaces are expected to keep expanding.
A leading European department store set out to reinvent itself as a modern omnichannel brand with a marketplace, combining the best of in-store and online experiences.
The retailer wanted to build a credible e-commerce business and grow it continuously. It needed to:
Sia helped the retailer transition from a physical business to an omnichannel model with a marketplace. Sia designed a five-year e-commerce strategy, with a merchandising and digital marketing plan, supported by a leading commerce platform, a payment solution and marketplace software. The work covered:
The program delivered results. Notable achievements include a 60% increase in return on advertising spend (ROAS) and the launch of key sub-categories such as sneakers and lingerie. The approach was built on data-driven decisions and continuous growth, so that the retailer could keep expanding its online business and marketplace.
By combining e-commerce strategy, hands-on digital operations and a data-driven culture, Sia helps traditional retailers turn their stores and brands into thriving omnichannel businesses.