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SYLLABUS

KEY TOPICS IN
DIGITAL COMMERCE
A guide to the topics
that could be covered
in our exams

When reading this syllabus, please note that the topics Overall evaluation 3
should be approached and studied from the point of view
Sales & Merchandising 4
of a senior commerce professional such as a CEO, CFO,
Commerce Director, etc. A good understanding of digital Finance & Accounting 5
commerce vocabulary is required for our examinations.
Supply Chain & Operations 6

Technology & Data 7

Digital Marketing 8

What’s expected for each level 9

This syllabus is subject to changes without prior notice. V.1.0 Aug-2021 Sample questions 10
Overall evaluation
We evaluate candidates’ digital commerce knowledge throughout
5 dimensions, which are equally important. Every dimension contains key
pillars that indicate the learning pathway in each field of expertise. Each
pillar is subdivided into smaller topics. Even if the exam you registered for
does not cover all the topics described in this document, the syllabus
provides an understanding of the overall topics that are evaulated by the
Commerce Management Certification.

HOLISTIC APPROACH
Digital commerce To become a certified Commerce Management Executive, you should be
knowledge able to display knowledge from the very basics of each separate
dimensions dimension, with the capability to provide elegant solutions and a holistic
approach to a variety of business scenarios.

You should be able to tackle each scenario, addressing needs related to


each and every of the 5 dimensions, presenting a established and
authoritative approach.

3
Sales & Merchandising
Business planning & tools Sales cycle management Channel management Growth optimisation strategies

Using market analysis and Ethics and integrity in sales processes Product assortment and Discounts and promotions
competitiveness index for growth communication strategy per channel management
4P’s of marketing (Price, Product,
Mapping the market, brands, suppliers Place, Promotion) and its application in Pricing strategies considering different Social selling strategies
and potential customers commerce sales channels

Increasing customer LTV and


Addressing opportunities by analysing Category management and product Managing different stakeholders in the decreasing CAC - Upsell, cross-sell,
problems and implementing solutions assortment (Definition of categories, process: Manufacturer, distributor, bundling, repurchase, recurrence,
subcategories and SKUs) wholesaler, retailers, franchises, service products, subscriptions..
Overall strategy definition, including physical stores, ecommerce
sales channels, margins, target price, Negotiation strategies with suppliers Growth strategies for special digital
stock allocation, etc Omnichannel approach and unified
commerce events, such as Black Friday
commerce
Customer journey and UX/UI in
Financial planning, definition and relation to commerce performance
understanding of budgets and creation Marketplace business models (3P, 1P, Ecommerce metrics and growth
of marketing and media campaigns product mix strategy, etc) drivers: Traffic, conversion, average
Connection between inventory ticket per product, AOV, sales funnel.
management and logistics in
Definition of metrics and KPIs and leveraging sales opportunities Cross-border evaluation and
their tracking (overstock, stockout, SLA, etc) optimisation Streams of revenue definition and
creation
Concepts in business such as GMV Payment methods and their usability Trade marketing, merchandising
and revenue structure and KPI's for growth Optimising marketing investment and
Managing post purchase process and ad spend to improve ROI and ROAS
Usage of tools and analysis such as addressing growth opportunities Relationship management and channel
ABC Curve for growth optimisation through CRM conflicts Product Listing Page (PLP and Product
Display Page (PDP) management

4
Finance & Accounting
Financial statements and Costs and investments associated Financial components applied
accounting concepts with commerce operations within a company structure Business finance

The difference between gross revenue, How to leverage concepts of OPEX Usability and calculations of taxes, Understanding a range of concepts
net revenue and GMV and CAPEX in a business refunds and cancellations surrounding streams of revenue and
being able to propose new business
Usability and calculations of taxes, The ability to make assumptions Development of rebates and models
refunds and cancellations regarding technology costs in digital incentives for growth
companies Application of techniques and
Concepts of cost of goods sold and Creation of discount campaigns, methods towards protecting and
cost of revenue The knowledge on the importance of promotions and their relationship to leveraging cash
labour costs and their average market finance
Gross margin and gross profit within parameters Calculating churn and guiding the
commerce operations business to customer retention
The financial impact of advertisement
Insights of customer service costs spend within a business
within commerce operations Skills to analyse price elasticity of
Expenses and their relationship to
demand and propose guidelines for
costs Investments with innovation and
Skills on the hypothesis of payment, growth
research & development as a
finance and fraud costs in a variety of competitive advantage
Understanding of net income, EBITDA scenarios Understanding concepts and taking
and net profit actions towards margin and
Leveraging growth and negotiations profitability enhancement
Knowledge of fulfillment operations
The P&L structure and its intricacies through the analysis of payment terms
costs and understanding how to
opportunities
optimise them Ability to evaluate ROI / ROAS of sales
Balance sheet and cash flow statement and marketing campaigns and
The impact of currencies and structures
Capabilities to make assumptions of
exchange rates on global companies
delivery and return costs and its
association with multiple KPIs The impact of inventory costs in the
The financial impact of a chargeback in P&L
the overall business and supply chain
Being aware of important hidden costs
within operations, such as treasury, Calculating the investment payback
administrative expenses & others and analysing sustainability of the
business
5
Supply Chain & Operations
Demand planning & inventory Supply chain & customer service
management Logistics & Distribution Customer service operations optimisation strategies

S&OP - Sales & Operations Planning Process for receiving goods and Customer support strategies and Implementation of strategies to
and its usability on demand evaluation merchandise characteristics of an effective customer improve business operational
service operation efficiency
Techniques for forecasting and Strategies surrounding picking,
finished goods/materials demand packing and invoice process Building the planning process and Omnichannel approach, dark stores
planning implementing the operation and distribution centres optimisation
Overall distribution framework and
Procurement process, negotiation stakeholders in the supply chain: Common enquiries needed to train Conflict of channels and relationship
strategies and outsourcing Manufacturer, distributors, wholesaler, and build the right skills management
retailers, end user, etc.

Impacts of the supplier SLA and Technology, innovation and software Supply chain strategies for special
Routing and tracking as a competitive used in the operation
incorrect planning or procurement in digital commerce events, such as Black
advantage
the supply chain Friday
Performance evaluation in customer
Transportation process and different service, surveys and KPIs measurement
Techniques for warehousing and Making valid assumptions and
possibilities of deliveries, trucks and
storage management correctly structuring the operations
necessities
Building the organisational structure,
Concept of inventory coverage, the with roles, responsibilities and costs Supply chain impact on the P&L,
Concepts regarding optimisation of associated
impact of stockout, overstock in performance measurement and KPIs
pick-up points, shipping from store,
business performance and ABC curve home delivery and other models
analysis to its mitigation Strategies to retain clients, reverse Supply chain management for
logistics and growth strategies within marketplace operations
Drop shipping and cross docking
Usability of safety stock and its customer service
strategies and benefits
potential impact in the business Cross border operations, why to focus
Contact channels available to the on them, when and how to implement
Inherent costs in the distribution
Costs of inventory management and customer and support shifts
process, such as freight and strategies
its impact on the P&L for its optimisation

6
Technology & Data
Technology overview Websites, web programming & Integrations and supporting
& performance tracking Data applicability in commerce
commerce infrastructure operating systems

Understanding of networking and Overview of commerce related web Integrations, middlewares and Foundational knowledge and impact
Internet architecture programming (HTML, Javascript, CSS) microservices involved in commerce of data governance such as GDPR and
operations similar
Knowledge of URLs, domains, IP Knowledge on ecommerce platforms,
addresses, protocols, DNS and other their needs and migration Understanding the advantages and Data visualisation, interpretation and
key foundational topics opportunities disadvantages of various modalities extrapolation techniques
within technology architecture
Firewalls, HTTPS and cybersecurity User Experience Analytics, i.e. Hotjar Accessibility and usability of data
concepts ERP integration needs and
applicability Techniques surrounding the acquisi-
Understanding of the relationship and
How data encryption tools work application of UX and UI Design within tion and storage of relevant data
digital commerce API concepts and their application
Cache / Caching concepts Foundational knowledge and under-
Headless, PWAs, Native Apps, Web Data collection and migration through standing of deep learning and ma-
Apps and their usability in commerce integration chine learning applications
Time to interact, time to first byte and
Request Time Optimisation for mobile
and desktop Web related metrics and data analytics CRM systems and their usability within The application of data for business
evaluation digital commerce intelligence and positive customer ex-
periences
Mobile and desktop optimisation
techniques Web page testing and error codes The importance of a successful CMS
implementation
New technologies and AI in data man-
Web Page Test, Lighthouse and Common troubleshooting related to agement
performance tracking tools ecommerce operations Integrations between ecommerce
platform and other key systems, such
Systems architecture considering the as supply chain
scalability of the operation

7
Digital Marketing
Digital media channel User experience in digital Digital marketing optimisation
Search Engine Optimisation
management marketing strategies

Inbound marketing and automation Keyword mapping and enhancement User research and its application in the Metric optimisation, such as sessions,
strategies strategies marketing 4P’s (Product, Place, Price conversion rate, bounce rate and AOV
and Promotion)
Social media relationship management Long tail management and Concepts of MVP / Prototype / POC
optimisation Identifying the target audience, their and its usabilities
Affiliate marketing and influencer needs and defining personas
partnership development Process of continuous improvement of Analysing consumer behaviour to
content generation Digital competitive landscape - How identify preferred devices, payment
Implementation of strategies for media are competitors positioned in the methods, shipping, channels etc
retargeting Concepts surrounding domain authori- market?
ty and actions for its optimisation Sales funnel as a tool to optimise
Communication through PPC, Google Usability and website navigation as an metrics and investigate key insights
Ads, display ads and programmatic Strategies for link building, URL struc- advantage to customer experience
media ture, meta tags, etc improvement Marketing financials, such as ROI,
ROAS and CAC to develop budget
Performance tracking tools, such as Indexing and crawling concepts and Copywriting development, accordingly for its optimisation
Google Analytics knowledge efficiency improvement activities engagement and optimisation
Campaign creation framework -
Robots.txt and sitemap optimisation Device optimisation and impactful landing page, amplification,
Awareness and consideration tactics,
such as Live Streaming and Blog channels - How to optimise them for registration/purchase, email
development Lighthouse score, page load speed each device and persona
and SEO enhancement initiatives Improving advocacy through social
Audiovisual marketing, such as video The strategies and implementations proof, customer reviews, etc
content & podcast creation behind A/B testing
Mindset and philosophy of digital
NPS and level of satisfaction of transformation for marketing activity
customers with products, purchasing implementation
process, support, etc

8
What’s expected for each level
The topics represented in this syllabus could be evaluated in all 3 levels of our
exam. However each level requires different depths of knowledge and experience:

Level 3
By building upon the previous levels you must be able to demonstrate an in-depth experience
in each of the 5 knowledge dimensions and understand their application strategies in real world
scenarios along with real life examples and experience referenced. The knowledge shown must Level
3
be actionable, holistic and with a deep understanding of concepts.
Recommended for highly skilled senior commerce professionals with extensive field experience.

Level 2
You must be able to display the application of key concepts in real-world scenarios. You should
possess a medium depth of comprehension in the 5 knowledge dimensions and be able to Level
understand and display the close relationship between the knowledge dimensions and the
impact they have on each other. 2
Recommended for experienced digital commerce professionals.

Level 1
You need to understand the definition and key concepts of the 5 knowledge dimensions. You
will need to display a foundational digital commerce knowledge along with definitions of key Level
concepts and widely used terminology for each of the dimensions.
Recommended for commerce professionals starting their journey with our certification or
1
professionals who are new to the commerce industry.

9
Sample questions: Supply Chain & Operations
Demand planning & Inventory management
The following questions exemplify how the same topic
Concept of inventory coverage, the impact of
is approached in the three different levels of the exam: stockout, overstock in business performance and
ABC curve analysis to its mitigation

Level 1 Level 2 Level 3


The purpose of this level is to The purpose of this level is to evaluate knowledge on The purpose of this level is to evaluate thorough strategic
evaluate knowledge on foundational applications and actions towards improvement of an operation. knowledge on digital commerce, the implications of any ac-
concepts and definitions regarding tions taken and how to implement actions or concepts
digital commerce. A famous electronics brand has over $500 million in sales. One of within an organisation.
the products has a coverage of over 200 days, and the target of the
Inventory coverage is a metric other products is 25 days. Please pick 3 actions to bring its cover-
age back to the target whilst minimising brand impact. Consider a fashion store that sells on average $700,000 per
calculated with the following formula:
month with a net profit of $10,000. This company has an
I) Lower the price of the product
A) Inventory divided by revenue. inventory coverage target of 25 days and the current cost of
II) Paid advertising for the product
B) Inventory divided by costs. money is 2% on a monthly basis. However, an error made on
III) Bundle the product to other A-curve products the demand planning which automatically impacted the
C) Revenue divided by inventory. IV) Put the product on the front page of the website to promote and procurement process, has increased the current inventory
D) Costs divided by inventory. enhance its visibility coverage to 75 days. Considering this scenario, what will be
V) Lower the price on non-public channels their monthly net profit for this last month with the inventory
VI) Dispose of the inventory so the costs associated with storage are coverage of 75 days, if all the other parameters remain the
zeroed same? What actions would you take to improve the operational
VII) Give discounts for friends and families of employees efficiency of this store and what is the expectation on inventory
VIII) Discontinue the product levels after your measures are taken?

Pick the option with valid actions.


A) I, V and VI
B) I, III and V
C) III, V and VII
D) II, V and VIII
E) I, II and IV
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