vidaXL
vidaXL is an international online (marketplace) retailer with its headquarters in Venlo, The Netherlands.
The company offers a wide range of products in categories such as home & garden, furniture and sports equipment.
The success lies in purchasing products and offering them at competitive prices and making these products accessible to as many customers as possible.
vidaXL is constantly looking for new cost-saving measures, without compromising on quality.
The project
EcomStream has optimized the commercial conditions of the contracts across the entire payment infrastructure of vidaXL, resulting in a significantly improved gross margin on sales. This achievement was driven by up-to-date market knowledge and deep subject matter expertise, ensuring that vidaXL could secure the best possible terms with its payment partners.
Given vidaXL’s global presence and the variety of payment providers in its ecosystem, it became clear that a more strategic approach was required to manage the complexity of its payment operations. Payment orchestration came out as a possible solution to streamline and centralize payment processes across different markets and providers. This approach offers flexibility, enhances transaction routing efficiency, and simplifies the integration of new payment methods as the business continues to expand.
EcomStream’s optimization not only reduced operational costs but also laid the foundation for a more scalable and future-proof payment infrastructure. By taking into account the intricacies of vidaXL’s global ecosystem, the renegotiated contracts provide improved financial outcomes and a stronger competitive position in international markets.
The combination of commercial optimization and the exploration of payment orchestration as a potential next step ensures that vidaXL remains agile and well-prepared to meet evolving customer demands while maximizing profitability.
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“With his knowledge and expertise, Ramon has helped us very well in the cost optimization of our PSPs. Sound and structured advice and also very flexible with regard to his support during the entire process.”
Frank Haenen
Webshop Manager, vidaXL
