Thinking

Gain Market Share, Improve Margin, Increase Revenue MORTEN SØRENSEN Gain Market Share, Improve Margin, Increase Revenue MORTEN SØRENSEN

How I Enabled Luxury Brands to Generate EUR 3.5+ Billion in Value by Seeing What They Didn't

The insight. In this 108-second explainer, I share my expertise and in-depth industry knowledge from more than 100+ luxury brands and organisations that led to my breakthrough and followed EUR 3.5+ billion in value created by seeing what they did not.

It shows how it is possible to diagnoselocate and quantify the root causes of any luxury brand's revenue and value loss.

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Gain Market Share, Increase Revenue, Improve Margin MORTEN SØRENSEN Gain Market Share, Increase Revenue, Improve Margin MORTEN SØRENSEN

ONLINE FASHION RETURN RATES OF 15-50%, BUT WHY?

At New York’s Fashion World it was discussed “Returned items is one of the biggest costs for online retailers, with return rates of 15-50% depending on the type of item, and 60% of the time that goods are returned, poor fit is cited as the reason.” 

Working with a globally recognised American fashion, apparel, design, fragrance retail company, offering consumers high end products including men’s, women’s and children’s apparel, sportswear, denim, and a range of licensed products such as accessories, jewellery, watches, fragrances and home furnishings, we worked with one full season (12 months) of their online eCommerce shopping data in its raw, uncleaned data format and solved this enigma. Read further to learn more...

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