Commerce Maturity Model
The LYONSCG Commerce Authority Score is designed to help businesses assess the health of their commerce strategy, and uncover opportunities to improve it. The assessment is conducted through a survey covering four areas:
- Business Strategy
- Customer Journey
- Digital Marketing
- Technology
Your assigned consultant will review your Commerce Authority score with you, highlighting the items that could inform your businesses road map, and the action items that accompany those areas of opportunity.
Benchmarks
- Result
Survey Results
Business Strategy
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1. Our company has a customer data repository
You Scored 0/2It is important to understand how your customer likes to shop and where they like to spend their money. Multiple databases can be a hindrance to understanding customers habits and likely you are duplicating efforts in marketing. It would behoove the brand to move to a single customer repository.
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2. Our organizational structure prioritizes the overall customer experience through all business channels
You Scored 2/2You are ahead of most brands. This is considered best-in-class.
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3. We have a yearly budgeting process
You Scored 2/2You are ahead of most brands. This is considered best-in-class.
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4. We have a strong understanding of who our customers are
You Scored 2/3You have done a great job of targeting your primary customers. There are always opportunities to look at other types of customers who are outliers within your audience and to understand how to serve them through marketing and messaging.
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5. We have a strong understanding of our competitors and the competitive landscape
You Scored 2/2You are ahead of most retailers. This awareness and research should result in annual or bi-annual roadmapping exercises to keep you in front of your competition and aligned with consumer expectations.
Customer Journey
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6. We offer standard pricing and promotions across stores and channels
You Scored 5/5As an online-only business, you can disregard this question.
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7. We provide customers with full visibility into both online and in-store inventory
You Scored 4/4As an online-only business, you can disregard this question.
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8. We fulfill online Ship From Store orders
You Scored 4/4As an online-only business, you can disregard this question.
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9. Our customers can return online purchases to a retail store
You Scored 5/5As an online business, you can disregard this question.
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10. We offer Buy Online, Pickup In Store (BOPIS) functionality to shoppers
You Scored 5/5As an online business, you can disregard this question.
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11. We leverage Endless Aisle / mobile Point-of-Sale solutions
You Scored 4/4As an online-only business, you can disregard this question.
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12. Our customer experience is optimized for mobile users
You Scored 0/4Shoppers are increasingly interacting with brands through mobile devices: for most brands, mobile usage has surpassed desktop. What is holding you back from launching a mobile experience?
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13. We segment our loyalty program customers based upon tier of engagement
You Scored 1/2Having loyalty tiers based on customer spend is a standard practice. Many best-in-class retailers structure programs this way - e.g Nordstrom. However, by just looking at spend you may not be nurturing loyal customers at initial lower thresholds that could evolve with you over time. Consider adding points mechanisms for Reviews, user-generated content, and brand advocacy. This content can be extremely valuable in driving traffic to the site.
Digital Marketing
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14. We email to defined segments
You Scored 2/2already have site behavior and past purchase data you actively segment upon, then your next step is to identify any remaining gaps in your email data profiles. For instance, are there any brand-specific engagements (such as customization or wishlist engagement) that would be beneficial to target? Beyond rounding out your data profile for segmentation, you are now in the "test and learn" phase. Make sure you have a strong testing plan in place to validate your current segmentation and confirm assumptions.
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15. Our email platform is integrated into multiple systems
You Scored 0/2This is a solid foundation, however, you are likely missing out on valuable customer information. Your next step should be building out a customer data profile within your ESP. Speak to your technology partner to discuss next steps for integrating your CRM, or if you do not have a CRM, alternative customer data sources, into your email platform.
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16. We have an active paid media program
You Scored 0/2What are the major hurdles that have kept you from investing? Acknowledge these challenges, assess where the greatest opportunity lies for your brand, and begin investing in that channel. Brand Search, Shopping, and Display Remarketing are low-risk, high-ROI starting places.
Technology
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17. Our analytics program is integrated completely with our customer and marketing data
You Scored 2/2There are immediate optimization opportunities after completing your attribution infrastructure that may have been missed. Subsequent insights can be uncovered by testing changes in marketing tactics and observing the results on your attribution models. Ensure that any new marketing tactic is included as an input within your model.
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18. Our site is ADA compliant
You Scored 0/2You need to have an audit performed at once by an accredited ADA consultant to assist you in achieving your compliance goals.
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19. We are utilizing the latest version of our eCommerce platform and its associated functionality
You Scored 0/2Understanding what platform version you are currently utilizing, and comparing its feature set against the latest version of the platform, may spark some interest in new features or an upgrade. This analysis can also help your site generate more revenue by taking advantage of the latest and new features.
Challenges
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What are the most critical customer experience challenges your business requires assistance for?
Digital marketing and lifecycle