customer retention strategies ms memory ndoro-mandiya marketing & sales director netone cellular...
TRANSCRIPT
Sandton, South Africa, August 2014
1
CUSTOMER RETENTION STRATEGIES
Ms Memory Ndoro-Mandiya Marketing & Sales Director
NetOne Cellular (Pvt) Ltd
Sandton, South Africa, August 2014
2
Personal CRM Foundation
I have a personal mantra regarding customer retention.
“We strive to delight our customers so that they will never think of leaving us...until death do us part.”
Memory Ndoro-Mandiya-2011
Sandton, South Africa, August 2014
Customer Retention Strategies Overview
Worldwide the telecoms landscape is highly competitive so is in Zimbabwe
Availability of affordable and accessible communication options
Reduced opportunities on product differention within the mobile telecoms industry has presented low switching costs
Customer satisfaction becomes a prime goal
Guard yourself against subscriber churn3
Sandton, South Africa, August 2014
Communication Options
Great technologies available to offer communication benefits e.g. VoIP, Whatsapp, Facebook, OTTs (Twitter, vibe, fixed, SKYPE)
Cheap and extremely popular in Zimbabwe as MNOs strive to improve on data performance for provision of internet access
NetOne is partnering with Facebook for bundled services.
4
Sandton, South Africa, August 2014
5
Mobile Penetration and Tele-density in Zimbabwe
Highest industry growth rateMarket penetration rate of more
than 110% 13.5m subscribers in a population
of 13.1mGrowing optic fibre networks and
broadband servicesReduced fixed line subscribers now
at 370kInternet subscription driven by
mobile devices up by 18% to 5.2million in Q1
(POTRAZ)
Sandton, South Africa, August 2014
6
NetOne Background
GSM Mobile Telecoms Company with100% Government ownership
Launched in1996Offers both voice and data services 80% network coverage in Zimbabwe2.8m subscribers of which 90% are
prepaid Just under 400 employeesFully fledged CRM network
Sandton, South Africa, August 2014
7
customer has “life cycle stages”
Acquisition Phase
Differentiated Offers 2
Loyalty Phase
Continuous engagement
4
Contact PhaseAcquire untapped markets and poach from others
1
Retention Phase
3
Guard your most priced assets
Life Cycle Stages
NetOne points of focus for business survival and competitiveness
Sandton, South Africa, August 2014
NetOne’s retention strategies
Investment on customer touch points
Promotions- Dollar a Day Promo on prepaid
Social responsibility activitiesBundling of products and
services/target segments corporates,gvt depts.
Investment into human resources. Sales Reps/Account Managers (incentives)
Top client awards 80/20 rule
8
Sandton, South Africa, August 2014
9
Coverage-Connectivity is ourKey Retention Strategy
Sandton, South Africa, August 2014
10
Network Coverage is ourVehicle for retention
Sandton, South Africa, August 2014
11
Being visible to provide customer service, advice and walking the talkAccessible through an upgraded 24/7/365 contact centreAccessible through a regularly updated website Social Media. Facebook, Whatsappempowered network of dealers and shops that serve as customer contact points , redefined route to market equipped with FMCG principles
Customer touch points
Sandton, South Africa, August 2014
12
Encourage trails and re-buy behaviour with sales promos by partnering retail chains, tapping into habitual behaviour of shoppers- OK Grand Challenge : OK and Bon Marche’
- TM Big Brands : TM & Pick’n’Pay- Hoza Summer : SPAR outlets- Unpack your box promo : ZIMPOST
Dollar A Day ( From a Promo to a Package)
Tariff reduction for off-net calls :: favourable pricing is a key variable on retention
PromotionsTangibility of Customer Experience
Sandton, South Africa, August 2014
13
Promotions with retail chains
Sandton, South Africa, August 2014
14
Continuous engagement with customers in various segments gives us the much needed trust and respect as a responsible marketer Sports Sponsorships ( Golf, Tennis and Soccer). Customers want to participate e.g Brazil Tour in 2010. Currently we are sponsoring OneWallet Cup that has created excitement to soccer loving people , reaching an estimated 5m TV audience through SuperSport
Social ResponsibilityKeeping things simple- Do it with Love
Sandton, South Africa, August 2014
15
Creating more customer contact points through establishing subsidised community centres for improved customer experience Community centres are targeted at rural growth points, operated by local people, particularly the youth and women
Social Responsibility
Sandton, South Africa, August 2014
16
Enhance stakeholder value by investing in social responsibility projects to promote ; healthy societies-Zim National Blood Services - Women projects on entrepreneurship
Engaging with religious groups in their conventions and big gatherings to provide comms - Sponsorship of disadvantaged children - borehole drilling for safe water - donations to victims of national disasters
Social Responsibility (Cont)
Sandton, South Africa, August 2014
17
central feature of the financial landscape in growth markets now relevant in upcoming markets that have embraced Mobile Banking and Mobile Payments solution partner with institutions to introduce a facet of convenience to customers through mobile financial transactions
Mobile Financial Services
Sandton, South Africa, August 2014
Mobile Financial Services (cont)
Customers just ‘love’ convenienceNetOne partnered ZETDC and PSL First mobile money solution in
Zimbabwe to allow purchase of prepaid electricity tokens through the mobile
NetOne is deploying brand ambassadors into households for SIM card connection
18
Sandton, South Africa, August 2014
Mobile Financial Services(Cont)
First mobile money solution in Zimbabwe to facilitate the payment of soccer match fees through the mobile.
There was initial resistance from stakeholders in soccer circles.
Move was well received by soccer fans. Loyalty and convenience built for subscribers.
*120*8# dial to register to buy PSL tickets
19
Sandton, South Africa, August 2014
Electricity tokens through OneWallet
20
Sandton, South Africa, August 2014
OneWallet Cup
21
Sandton, South Africa, August 2014
Key Soccer Sponsors Endorsed OneWallet Cup
22
Sandton, South Africa, August 2014
23
Create company value through differentiated offers and ‘value adds’ to delight customersRecently turned our famous DAD promo into a prepaid packageInvested into a converged billing system to manage various market segments
Segment Activities
Sandton, South Africa, August 2014
24
Thank you!