Digital Experience Platform DXP:
selection process
Many companies looking to develop an online platform are faced with the question: how do you select the appropriate DXP system for your online platform?
Technology alone cannot solve strategic challenges, but the right combination of tools can help companies unlock their full potential in the digital age. This article provides guidelines for professionals responsible for selecting, implementing, and manageing a unified Digital Experience Platform (DXP).
A DXP enables organizations to foster meaningful interactions by providing the tools to speak to and listen to their potential customers, new clients, employees, and other stakeholders. This, in turn, helps build customer loyalty. Companies that wisely and implement a DXP will benefit from:
- faster time-to-market;
- streamlined marketing workflows, and
- lasting customer realtionships.
6 questions to prepare yourself
If you've just started exploring DXP solutions, it's wise to answer the following six questions to clarify goals and design the project:
1. Who are the key stakeholders?
Identify a small group of people to discuss and guide decisions.
2. What business goal do you want to achieve?
Digital experience technology shouldn't be at the top of the agenda. It should support the strategy. Set your goals, create a roadmap, and find a solution that enables this.
3. What basic functionalities do you need to achieve these specific goals?
Are you looking for commerce, analytics, omni-channel delivery? Make a list and categorize requirements into capabilities you already have and those you need to acquire.
4. What is unique about how you compose digital experiences for your audience?
Understanding the nuances of your own marketing activities and publishing environment ensures the DXP you choose aligns consistently with your company's existing workflow.
5. What analytical insights do you need to make a decision?
With a realistic view of the data you want to collect and how you'll use the insights it reveals, you'll be better equipped to choose the best DXP.
6. What does the current MarTech stack look like?
Conduct a thorough evaluation of the current MarTech stack. Note who in the organization uses which parts of the stack, which stages of the purchase cycle each component supports, and any existing integrations in the stack. Also consider other technologies that need to be integrated. This information is invaluable for planning and implementing DXP.
DXP featurues
With a clear sense of priorities and alignment among key stakeholders, you can start thinking about the features of a specific solution. For almost every organization, flexibility becomes the top priority. Here are some additional considerations:
Analytics
Collecting every interaction provides a clear picture of your customers. However, this data becomes useless if you cannot take action on it. Many companies end up drowning in their data without gaining real insights that yield results. Ensure that the solution you choose includes analytics that cut through the noise.
CMS
At the core of any leading DXP is a powerful content management system that manages the website and supports editorial processes.
Commerce
Looking for an e-commerce engine? It should integrate with content to handle the entire shopping experience: from inventory and orders to pricing and promotions.
Costs
Consider subscriptions, licenses, professional services, and other fees to assess the actual ownership costs of your DXP.
Future-proof
In the near future, you'll need to add DXP capabilities that weren't critical to the original scope. The platform should be expandable to accommodate marketing automation flows, digital asset management, or other emerging needs.
Interoperability
If you choose a specific DXP, it should integrate easily with third-party solutions.
Security and Compliance
It goes without saying that every DXP should provide top-notch security at every level.
Implementing a DXP
Once you have chosen a DXP, the real work begins. As with any new technology, effective communication and training are crucial to driving end-user adoption. Keep the objectives you established during the planning phase in mind, so you have a clear before-and-after comparison. For instance, you may want to measure and document whether the time-to-market has accelerated or if customer satisfaction has improved. Take the time to gather feedback so you can adjust the DXP implementation and rollout as needed to maximize Return on Investment (ROI).
Your DXP platform should deliver a fully integrated and seamless digital experience across channels and devices throughout the entire customer journey.