deepak crm vodafone

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NCRD Sterling Institute of Management Studies A CRM REPORT ON vodafone submiited to prof. Iftiqar Mistry submitted by Deepak R Gorad

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Page 1: Deepak crm vodafone

VOD584 CSR Document A/W 8 17.06.02 3:36 pm Page 1

NCRD Sterling Institute of Management Studies

A

CRMREPORT

ON

vodafone

submiited to prof. Iftiqar Mistry

submitted byDeepak R Gorad

Page 2: Deepak crm vodafone

I. Introduction – Vodafone

a. Company Profile

b. Vodafone in India

c. Market Shares in India

II. Gartner’s Eight Building Blocks

a. CRM Vision

b. CRM Strategy

c. Valued Customer Experiences

d. Collaborative Efforts

e. CRM Process

f. CRM Information

g. CRM Technology

h. CRM Metrics

AGENDA

III. Benefits to Vodafone from CRM

IV. Issues Faced in CRM Implementation

a. Program

b. People

c. Processes

d. Technology

V. Best CRM Practices in the Industry

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I. INTRODUCTION

Name VODAFONE comes from “Voice”, “Data” & “Phone”

Largest telecom company in the world (turnover)

2nd largest telecom company in the world (subscriber base) after China Mobile

Public limited company

Operations in 31 countries & partner networks in another 40 countries

Listed on NYSE

Founded : 1983 as RACAL TELECOM, Demerged from Racal Electronics (parent

company) in 1991 and named VODAFONE

HQ : Newbury, England

Employees : ~ 79,000 Source : WIKINVEST

COMPANY PROFILE

Page 4: Deepak crm vodafone

2005 : Acquired a 10 % stake in Bharti Airtel

2007 : Acquired a controlling 67 % stake in Hutchinson Essar for US $ 11.1 bn.

Sold back 5.6% of its Airtel stake back to the Mittals & retained 4.4%

In September, Hutch was rebranded to Vodafone in India.

Source : WIKINVEST

Vodafone UK Vodafone Essar Vodafone Australia Vodafone Ireland Vodafone New Zealand Vodafone Egypt Vodafone Italy

Vodafone Spain Vodafone Portugal Vodafone Turkey Vodafone Germany Vodafone Netherlands Vodafone Hungary Vodafone Sweden

Important Subsidiaries :

VODAFONE IN INDIA

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Airtel 24%

Vodafone 18%

BSNL / MTNL 13%

Tata 9%

Idea 11%

Aircel 5%

Reliance 19%

Others 1%

MARKET SHARE IN INDIA

Source : TRAI Report JUN’09

Page 6: Deepak crm vodafone

VODAFONE’S OFFERINGS

Enterprise Central

Telecom Management

Global Device

Portfolio

Managed Mobility Services

Mobile Money

Transfer

Vodafone Live

Vodafone Mobile Connect

Vodafone Connect to

Friends

Vodafone Passport

Vodafone Freedom

Packs

Vodafone At Home

Vodafone Media

Systems

Source : vodafone.com

1 2 3 4

5 6 7 8

12 11 10 9

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1st Block CRM Vision

2nd Block CRM Strategy

3rd Block Valued Customer Experience

4th Block Collaborative Efforts

5th Block CRM Process

6th Block CRM Information

7th Block CRM Technology

8th Block CRM Metrics

II. GARTNER’S MODEL

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Snapshot

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(i) CRM VISION

CUSTOMERS FOR LIFE !

To earn our customers' loyalty, we will anticipate their needs and act to create superior value in their eyes. We want to be known for

C o n s i s t e n c y

R e l i a b i l i t y

F l e x i b i l i t y

R e s p o n s i v e n e s s

I n n o v a t i v e S e r v i c e s

We will make this happen in an enriching environment of trust, cooperation and mutual respect.

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VODAFONE’S CRM PHILOSOPHY

Involving Customers as Co-innovators

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(ii) CRM STRATEGY BROAD CRM OBJECTIVES

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Enriching

Service

Experience

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VODAFONE’S CUSTOMER STRATEGY IN INDIA

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(iii) VALUED CUSTOMER EXPERIENCE

Vodafone has taken advantage of strong presence of Hutch Essar in Metros.

It has LEADERSHIP IN CONTRACT SEGMENT.

It has STRONG CUSTOMER FOCUS

Mass market PREPAID FOCUS : e.g. low value 10/- sachet recharge.

Innovative Value Added Services :

Easy e-recharge

E-recharge using SMS

Premium SMS

Ringback Tones

International Voice & Data Roaming

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Vodafone plans to bring ULTRA LOW COST handsets to India.

Introduced VODAFONE LIVE! In India.

Introduced BALANCE TRANSFER for the first time.

Introduced UNIQUE OFFERS FOR MULTINATIONAL CORPORATE ACCOUNTS.

Introduced SINGLE BILLING SYSTEM in 2007.

Comprehensive approach across call centers, retail, internet & automated systems.

Industry leading PROCESS IMPROVEMENT based on extensive customer research.

Page 16: Deepak crm vodafone

(iv) COLLABORATIVE EFFORTS

The program was built on 4 major pillars :

Strategy

I T

Culture

Process COLLABORATIVE EFFORTS

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Vodafone’s ability to chart out an average life cycle allows it to market different services. It prospects aggressively through advertizing.

2nd stage combines provisioning and verification. Vodafone activates a customers account and makes a first rating of the customer based on the application.

Vodafone’s well planned welcome process includes a call informing clients of the Vodafone help line & various value added services. At the end of this stage their first

bill is generated.

(v) CRM PROCESS

The first collection marks the start of up-selling and cross selling. Analytical module steps in, CRM has to make every attempt count since clients can only be approached

only a fixed number of times.

This stage may see a client wishing to leave. To keep churn down , Vodafone uses retention policies and loyalty processes to bring clients back to the fold. Many clients

are won back.

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(vi) CRM INFORMATION

Custom analytics provide meaningful insight for personalized customer communications & interactions. Now, VODAFONE can:

Identify customers’ value segments

Understand customer needs and preferences

Create targeted marketing & sales campaigns for specific customer segments

Monitor customer responses

Apply experience to future campaigns

Steer customers’ buying behavior

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(vii) CRM TECHNOLOGY

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(vi) CRM METRICS

1. Cases closed same day.

2. Number of cases handled by agent.

3. Number of service calls.

4. Average time for resolution.

5. Average number of service calls per day.

6. Percentage of service renewals.

7. Customer satisfaction level. (CLTV)

8. Complaint time-to-resolution.

9. Average number of service requests by type.

10. Percentage compliance with service-level agreement (SLA).

11. Revenue coming from Commercial Partners.

12. Complaints handling (e-mail/letter).

13. Brand image.

14. Customer Categorization.

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Monitoring how customers interact using various modules of CRM.

Visibility of business transactions across India.

Monitor Service Level Agreements.

Maintenance and modification of CRM system.

Inconsistent data flow sometimes.

Change Management.

Aligning CRM to Vodafone’s vision and growth objectives.

Finding the right CRM managers in India.

ISSUES FACED POST IMPLEMENTATION

Page 22: Deepak crm vodafone

THANK YOU