deepak crm vodafone
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deepak gorad crm vodafoneTRANSCRIPT
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
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
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
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
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
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
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
Snapshot
(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.
VODAFONE’S CRM PHILOSOPHY
Involving Customers as Co-innovators
(ii) CRM STRATEGY BROAD CRM OBJECTIVES
Enriching
Service
Experience
VODAFONE’S CUSTOMER STRATEGY IN INDIA
(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
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.
(iv) COLLABORATIVE EFFORTS
The program was built on 4 major pillars :
Strategy
I T
Culture
Process COLLABORATIVE EFFORTS
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.
(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
(vii) CRM TECHNOLOGY
(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.
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
THANK YOU