To maximize the ROI of transformations, we have helped enterprises to innovate their business models, products, and services to generate breakthrough results, including revenue, profit, market share, customer acquisition & retention, and employee engagement.

To enhance the success rate of transformations, we have developed the best practices of Design Thinking and innovation management for six industries: aviation, banking, hotel, insurance, retail, and OEM.

Summary of our successful case of a retail chains:

Background of client:

One of the largest retail store chains in Hong Kong

Business Challenges:

In today’s eCommerce driven market, customers preferred purchase online instead of physical stores, especially for fast-moving consumer goods (FMCG). It caused severe customer loss, especially millenniums, and profits diminished. Over 10,000 retail stores closed-down around the world in recent years.

Challenge Statement of the Transformation Project:

How to build a highly engaged and irreplaceable community for targeted customers

Types of Transformations: 

Business Model transformation and Digital transformation

Duration of Project:

12 months

Strategies for Transforming Business & Resolving Challenges

We upgraded the retail-based business to Online-to-Offline (O2O) based platform with three circles, namely: living circle, social circle, and shopping circle.

These circles enhanced the sense of belonging of the consumers and created human-centered exchanges & emotional bonding on this O2O ecosystem.

Key Performance Indicator(s) of the Project:
  • Customer satisfaction rate
  • Revenue
Breakthrough Business Results

The customer satisfaction rate increased to 30% and the revenue growth of the retail business was 8.5%