Case Study - Marketplace turnaround
A turnaround case under challenging conditions and with historical baggage.
- Client
- Diip
- Year
- Services
- Turnaround
Introduction
A marketplace that had developed a unique service for its industry, secured strong investors, and received good press coverage was on track to shut down operations due to a lack of profitability and expensive top-line growth.
What we did
- e-commerce
- stripe
- accounting
- cs-cart
Sors took charge from the very beginning with an alternative strategy, short- and long-term initiatives, and strong execution capability. All based on well-prepared analyses and a healthy dose of common sense.
Chairman of the Board, Diip AS
- Cost reduction
- 90%
- Efficiency improvement
- 50%