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 1/2This is how most multi-channel retailers are organized. We see many retailers combining their marketing and merchandising teams for more cohesiveness within the marketing calendar and to bring optimal decision around assortment and inventory.
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3. We have a yearly budgeting process
You Scored 1/2An annual budget is great, but most brands and retailers need to implement budget changes throughout the year. Business can change both positively and negatively, and these changes should be forecast at the mid-point of your year.
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4. We have a strong understanding of who our customers are
You Scored 1/3Both psychographic and demographic knowledge is important. Utilizing this information to segment throughout databases and marketing tactics is a great next step towards success.
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5. We have a strong understanding of our competitors and the competitive landscape
You Scored 0/2Understanding who your competitors are, and having the ability to benchmark your metrics against these individual competitors and your industry as a whole is critical to prioritizing new functionality, implementing improvements, and measuring success.
Customer Journey
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6. We offer standard pricing and promotions across stores and channels
You Scored 1/5nifying pricing across all touchpoints is an essential component of delivering a consistent brand experience. Can you elaborate on the factors contributing to this discrepancy?
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7. We provide customers with full visibility into both online and in-store inventory
You Scored 2/4This is a solid foundation from which to build additional inventory capabilities. Leverage the site's access to enterprise-wide inventory data to allow shoppers to shop by their preferred store (e.g. filter browse/search pages for products available at their store), and to enable store pickup as a delivery option.
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8. We fulfill online Ship From Store orders
You Scored 2/4What are the factors contributing to this limitation? Have technology limitations or channel-specific P&L issues led to this approach? If your average lines-per-order is high, this is likely negatively impacting your customer experience and your profitability. Determine the right customer-centric strategy for Ship-From-Store and adjust systems and internal organizational issues accordingly. LYONSCG can help.
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9. Our customers can return online purchases to a retail store
You Scored 1/5What are the major obstacles keeping you from processing these returns? Consider quick-win solutions that don't require cross-channel integration to facilitate returns in the short-term. At the very least, processing these returns with a refund via in-store credit should be implemented.
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10. We offer Buy Online, Pickup In Store (BOPIS) functionality to shoppers
You Scored 2/5Continue to measure and refine this program. Establish SLAs for store fulfillment. Use text messaging to notify customers when their orders are ready to be picked up. This will drive additional in-store purchases. Also, allowing the customer to designate another individual to pick up their order on their behalf is a great way to boost loyalty.
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11. We leverage Endless Aisle / mobile Point-of-Sale solutions
You Scored 3/4Excellent! Focus on tracking and reporting this program, and align incentives for store associates to drive them to offer this option to your customers
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12. Our customer experience is optimized for mobile users
You Scored 3/4How have these enhanced features been performing relative to your expectations? Have you seen increases in conversion since implementing these changes?
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13. We segment our loyalty program customers based upon tier of engagement
You Scored 2/2This is considered best-in-class. You are targeting loyalty customers based on not only spending but a customer's engagement with your brand. To continue to move the needle, you will need to focus on fine-tuning your program. This means prioritizing testing within messaging and offers. A testing plan should be built out internally, or you can leverage a vendor to build a blueprint on your behalf.
Digital Marketing
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14. We email to defined segments
You Scored 1/2Behavior or engagement-based segmentation provides you with a strong foundation. Congratulations on moving beyond blanked blasting your list. Your next step for segmentation is to really focus on building a more robust data profile for your subscribers - particularly taking into consideration past purchase behavior and on-site engagement (e.g. the last category browsed). This will enable the brand to configure a broader scope of targeted trigger campaigns, which are typically top converters.
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15. Our email platform is integrated into multiple systems
You Scored 1/2You have a view of your customer consolidated in your ESP, and likely have a good foundation of attributes to segment upon. As a next step, you should focus on behavioral or predictive data to round out your customer profiles. There are a large number of vendors that specialize in building out customer data profiles. If you leverage SFMC, collect tags should be implemented to gather on-site behavioral data.
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16. We have an active paid media program
You Scored 2/2Once a media program is established, the next step is constant optimization and mining for additional opportunities - both for increasing efficiency and for next stage growth.
Technology
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17. Our analytics program is integrated completely with our customer and marketing data
You Scored 1/2Transitioning from a moderate to mature understanding of attribution across marketing, device, and offline behavior can be difficult. Depending on your business, this could require an attribution platform or specific attribution study. Before exploring these initiatives, determine how attribution insights will shape your business. This ensures that the attribution technology is worth the cost, delivering value and helping to shape the requirements of your analysis approach.
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18. Our site is ADA compliant
You Scored 1/2ADA compliance can consist of a vast universe of compliance measures. Ensuring that the identified remediations are in alignment with ADA standards that pertain to you to avoid fines is a must.
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19. We are utilizing the latest version of our eCommerce platform and its associated functionality
You Scored 2/2You are ahead of most brands. This is considered best-in-class. You may want to gain more insight into the platform roadmap so you have an idea of what rich features will be further added to the platform over time to help drive your business further.
Challenges
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What are the most critical customer experience challenges your business requires assistance for?
demand generation.