Digital Performance Improvement Digital Performance Improvement lifts conversion, marketing efficiency & data quality into measurable gains within existing resources. Digital Performance Improvement lifts conversion, marketing efficiency & data quality into measurable gains within existing resources. Learn more FOSTEC & CompanyCompetencesData-Driven Performance SteeringDigital Performance Improvement Digital channels hold performance potential that, in many companies, is not tapped systematically despite an existing data basis. A lack of structures for deriving targeted improvement impulses leads to stagnating conversion rates, inefficiently allocated marketing budgets and a data basis that hinders rather than supports strategic decisions. Context and relevance As the complexity of digital commerce structures increases, so does the pressure to justify investments in digital channels demonstrably. What is decisive is no longer the digital presence as such, but the efficiency with which digital resources are deployed. Conversion optimisation, marketing efficiency and data quality are mutually dependent, because without robust data no well-founded conversion analysis is possible, and without a clear allocation logic even well-positioned marketing remains structurally inefficient. Companies that address these three areas in a coordinated way achieve measurable improvements without additional infrastructure investments. Our approach FOSTEC & Company addresses digital performance along three operational levers that are brought together in an integrated procedure (Figure 1: Three digital levers and their operational impact dimensions). Conversion rate optimisation (CRO): the CRO analysis systematically diagnoses at which points of the digital purchase process users drop off and which structural or design factors are responsible for this. Funnel data, A/B test results and UX assessments feed into a prioritised recommendation. The identified measures increase the conversion rate without increasing the traffic budget and thereby create immediately effective results improvements. Marketing efficiency: the marketing efficiency report evaluates the efficiency of existing channel strategies on the basis of channel ROI, attribution models and budget allocation logic. From this, recommendations are developed for reallocating marketing spend that increase the return on marketing investment and reduce wastage. The analysis includes both performance marketing and organic channels. Data quality: the data quality assessment evaluates the company’s data basis along completeness, consistency and timeliness. Gaps and inconsistencies are systematically identified and addressed in a structured clean-up plan. The resulting data integrity is a precondition for all further digital initiatives as well as for a valid management logic on the basis of the KPI framework. Figure 1: Three digital levers and their operational impact dimensions Results and impact Clients receive a fully developed performance improvement plan that prioritises measures by impact and feasibility and defines responsibilities, time horizons and target values. The CRO analysis identifies concrete conversion potential, the marketing efficiency report shows budget optimisations with a margin effect, and the data quality assessment lays the foundation for a valid data basis. The focus is on measurable quick wins that can be realised within a few weeks while at the same time laying the basis for scalable improvements. The result is a measurably improved digital performance, realised within the existing resource framework. For companies in critical operating situations, the module is thematically closely linked to digital performance in crisis situations, where the same methodology is applied under tightened time and cost conditions. Position within the service portfolio The Digital & Operational Performance portfolio comprises services of varying scope and focus. FOSTEC & Company offers comprehensive services to enhance digital and operational performance: Digital & Commerce Operating Model Design Strategic Cost Reduction Program AI-Powered Process & Workflow Automation Commerce Operations & Supply Chain Performance Data-Driven Performance Steering Technology Efficiency & Platform Optimisation Intelligent Data & Analytics Foundation Find out in a personal introductory conversation how FOSTEC & Company improves your company’s digital performance in a targeted and demonstrable way – get in touch with us. Contact one of our experts Markus Fost, MBA, is an expert in e-commerce, online business models and digital transformation, with broad experience in the fields of strategy, organisation, corporate finance and operational restructuring.Learn moreMarkus FostManaging PartnerMarkus Fost, MBA, is an expert in e-commerce, online business models and digital transformation, with broad experience in the fields of strategy, organisation, corporate finance and operational restructuring.markus.fost@fostec.comPhone: +49 (0) 711 995857-10Mobile: +49 (0) 170 8057143Fax: +49 (0) 711 995857-99LinkedInXINGLearn more