Question: eCommerce Optimization for Milady's Objective: To improve the online shopping platform's conversion rate by 1 5 % within 1 year. Responsible Person ( s )

eCommerce Optimization for Milady's
Objective: To improve the online shopping platform's conversion rate by 15% within 1 year.
Responsible Person(s): eCommerce Manager, Web Development Team
Timeframe: 12 months for incremental improvements and optimization
Key Actions:
- Conduct user experience audits.
- Implement platform enhancements.
- Optimize for mobile and improve SEO/SEM strategies.
For each of these strategic components, it's also critical to have specific metrics for measuring success, a budget for the necessary resources, and a clear communication plan to keep all stakeholders informed. Here's how these elements can be incorporated:
**Metrics for Measuring Success:**
- Customer satisfaction scores and feedback.
- Sales figures, conversion rates, and repeat customer rates.
- Employee training completion rates and performance improvements.
- Inventory turnover, stockout rates, and markdown percentages.
- Website traffic, bounce rates, and e-commerce conversion rates.
**Budget:**
- Allocate funds for store redesign, technology upgrades, and training programs.
- Set aside a marketing budget for new campaigns and loyalty incentives.
- Invest in IT infrastructure to support omnichannel integration and e-commerce optimizations.
**Communication Plan:**
- Regular progress updates to all stakeholders through meetings, newsletters, or a dedicated intranet page.
- Solicit feedback from employees on the ground to gauge the effectiveness of new systems and training.
- Engage with customers through social media, email, and in-store interactions to gather feedback and promote new offerings.
**Continuation of the Operational Plan:**

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