Evaluate Your Company’s Digitalization Journey
Every year, eCommerce sales increase by double digits, and this trend is expected to continue in 2022.
Nearly 80% of companies are in digital transformation, 90% of those are encountering significant roadblocks to success.
Regardless of your business’s niche, the more digitally mature your organization is, the faster it will expand revenues and increase profits.
Digital maturity is a significant predictor of success for firms embarking on a digital marketing transformation. It is a measure of an organization’s capacity to produce value via digital. Businesses with a high degree of digital maturity have a competitive edge in terms of revenue growth, cost efficiency, product quality, and customer happiness, among other metrics.
Every business can improve its digital maturity through the right strategic approach. There’s potential for development in your marketing, sales, and customer service activities, whether you’ve been employing digital technology throughout your primary business operations for decades or are a new firm aiming to adopt systemic improvements in your marketing, sales, and customer service activities.
Eridium will help you figure out where you are on the digital maturity scale right now. Connect with our experts to follow the right steps in order to improve digital marketing maturity. You will be able to book an in-depth session with one of our specialists to go over your findings and obtain the best practices and suggestions tailored to your company.
Join us to unlock strategies and navigate the path to digital transformation maturity, ensuring you stay ahead in the competitive landscape.
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What Is The Purpose Of A Digital Maturity Assessment?
By doing a digital maturity assessment, you can determine how your company is doing right now and map out the steps you need to take to become fully digitally mature. The digital world is constantly evolving, so it’s crucial to adopt digital transformation methods that are tailored to your particular sector. Since each business’s level of digital maturity will be different, the digital maturity evaluation enables companies to thoroughly examine their own performance rather than depending on accepted industry trends and practices. Through this marketing assessment, you can identify areas of improvement, optimize your marketing strategies, and align them with your digital transformation goals.
What Distinguishes Digital Transformation From Digital Maturity?
Digital maturity and digital transformation are frequently used interchangeably. But are they actually similar? An organization goes through a digital transition when its digital systems are drastically altered. It might redesign its processes and go from manual to entirely digital operations. The same organization might alter procedures and make use of cutting-edge digital technologies once more ten years from now. Therefore, although digital transformation and digital maturity are related, they are not the same.
How Can Digital Maturity Be Measured?
The journey toward digital transformation begins with discovery. You establish the groundwork for your journey toward a digital transformation at this point. Knowing where you stand makes it simpler to move toward your goals and determines how long it will take to get there. As you move forward with your digital transformation, the following questions will help you as you determine how to gauge digital maturity:
- Do our strategic goals, objectives, and direction all make sense?
- Where are we in the process of discovering things online?
- Does everyone in the organization support us?
By incorporating a marketing assessment into your digital marketing strategy, you gain insights into optimizing your marketing efforts.
How To Advance Digital Marketing Maturity?
Businesses need to embrace an expanded, proactive mindset to develop a culture and strategy that will enable them to be competitive and adaptable as technology and market needs continue to grow in order to become more digitally mature. For an organization to transform its digital marketing maturity, leadership must be given top priority in a way that fosters technological enablement, establishes priorities for digital strategy, collaborates with business partners, streamlines access to customer information throughout the organization, and emphasizes continuous improvement and evolution.
How Does Digital Maturity Affect Digital Transformation?
Without knowing your current degree of digital maturity, moving forward with digital transformation might lead to unanticipated obstacles that can stall your operations and cost you money and time. Alternatively, it is challenging to determine which areas are most important for fostering transformative change when developing a digital maturity model without data-driven insights or a pulse on manual versus digital processes.
Digital Maturity Models: What Are They?
A framework called a digital maturity model (DMM) is used to evaluate and comprehend a company’s present state of digital maturity. The model offers a framework for achieving goals for digital maturity, planning for growth, and determining success. There are various DMMs available, but they all give you data-driven information about the state of digital maturity right now. One organization might use a DMM model centered on sales and marketing, another might use a DMM model centered on service management, and yet another might use a DMM model centered on IT services. For an instant, Google and the Boston Consulting Group created one of the most well-known digital maturity models, which primarily emphasizes data and how crucial it is to achieving digital marketing maturity.
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