Consulting 101
Consulting 101
Consulting 101
in
Everything MBA!
Agenda
Frameworks
don't work
important because they give you a starting point
SELLLLLLLLLL
Q&A
5 mins
btribe.in
Everything MBA!
Lenskart
Date with Peyush Bansal & team
Case statement: Lenskart has built a strong omnichannel business se
while not increasing the spend on marketing (refer d
# of customers # 5000000
New customers # 2750000
Repeat customers # 2250000
Conversion % 7.6%
Online % 2%
Offline % 30%
Traffic # 65,789,474
Online # 52,631,579
Offline # 13,157,895
Sensitivity
If footfall is expected to grow by 20% yoy, we would need to add 123 stores
If footfall is expected to grow by 10% yoy, we would need to add 158 stores
If footfall is expected to de-grow by 10% yoy, we would need to add 252 stores
strong omnichannel business selling Eyecare products on the back of excellent marketing efforts and product quality. It is now a mature b
g the spend on marketing (refer data below). Evaluate the feasibility of achieving such an aggressive target.
17% Derived
143750 Secondary research says market is growing by 15%
NY YoY Growth Assumptions
25000 100% Offline focus
6250 100% 3593.75
18750 100% 18750
2500 0% 22,344
10%
8717798 Derived
5230679 90.2%
3487119 55.0%
2868 15% Client driven assumption/ Market research; Model numbers based on historical context
2500
1000
1500
9.4% Derived
3% Client driven assumptions; 3% max is the best case
35%
Online Focus
6250
10781
17,031
Ask meaningful questions. Peyush & team will share data to whatever extent possible.
Learnings:
1. UOM: Unit of measurement
2. LY: Last year CY: Current Year, E: Expected, NY: Next year
3. Read and re-read the case statement
4. Not to jump to solutions
5. Organic v/s inorganic growth
6. Typically e-commerce conversions ratios 2-3%; Offline 30%
Clarifying questions
Q1: Product wise share in sales
Q2: New customers v/s repeat customers
Q3: Only organic expansion
Q4: How fast is the market growing?
Q5: Tier 1, Tier 2+ cities