Case Study: Loyalty & Retention

Client / Situation / Assignment

  • Identify and analyze best practice in Customer Loyalty Management for the SME business market for a fixed, mobile and internet converged environment
  • Recommend strategic and operational best practice methodologies, processes and procedures to improve Customer Loyalty, thereby reducing churn and increasing ARPU
  • Develop Implementation Plan for client to introduce the recommendation

Approach / Methodology

Interview
benchmark
partners

Internal Audit

& Competitor

Research

Analysis & Recommendation

Development & Implementation

  • Interview conducted with 8 benchmarking partners from Europe and Scandinavia from Telecoms, Internet, Banking and Insurance Sectors
  • Mystery shopping and desk research done on direct competitors
  • Internal interviews conducted to assess gap analysis
  • Customer needs analysis completed
  • Recommendations for key areas of focus
  • Development of implementation plan for key areas

Analysis

  • Gaps existed between customer expectation, competitor offerings, perceived industry best practice and the current client offering
  • Risk assessment on the areas highlighted the key focus point to address customer needs and expectations, yet still deliver a return on investment for the client.
  • The key areas for improvement :
    • Account Management (direct sales)
    • Channel Management & Commissioning (indirect conflicts)
    • Welcome & Save Strategies
    • Identification and Segmentation
    • Logistics

Result

  • Increased Awareness, Responsibility and Accountability across the business thereby focusing on the Customer
  • Strategic Recommendations and concise Implementation Strategy developed using work packs to clearly define what was required for improvement in each area
  • Internal departments now working together with cross-functional teams to address issues raised by the benchmark report
  • Greater focus on the impact of good customer management on reducing churn and increasing ARPU
  • Project Scope expanded to include project management of implementation for each work pack with a managed hand over to internal departmental managers