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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
I. Introduction ā€“ Vodafone
a. Company Profile
b. Vodafone in India
c. Market Shares in India
II. Gartnerā€™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 ā€œVoiceā€, ā€œDataā€ & ā€œPhoneā€
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 JUNā€™09
VODAFONEā€™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
1211109
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. GARTNERā€™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
ļƒ¼Consistency
ļƒ¼Reliability
ļƒ¼Flexibility
ļƒ¼Responsiveness
ļƒ¼Innovative Services
We will make this happen in an enriching environment of
trust, cooperation and mutual respect.
VODAFONEā€™S CRM PHILOSOPHY
Involving Customers as Co-innovators
(ii) CRM STRATEGY
BROAD CRM OBJECTIVES
Enriching
Service
Experience
VODAFONEā€™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 :
ļƒ¼Easy e-recharge
ļƒ¼E-recharge using SMS
ļƒ¼Premium SMS
ļƒ¼Ringback Tones
ļƒ¼International 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
ProcessCOLLABORATIVE
EFFORTS
Vodafoneā€™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.
Vodafoneā€™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:
ļƒ˜ Identify customersā€™ value segments
ļƒ˜ Understand customer needs and preferences
ļƒ˜ Create targeted marketing & sales campaigns for specific customer segments
ļƒ˜ Monitor customer responses
ļƒ˜ Apply experience to future campaigns
ļƒ˜ Steer customersā€™ 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 Vodafoneā€™s vision and growth objectives.
Finding the right CRM managers in India.
ISSUES FACED POST IMPLEMENTATION
THANK YOU

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Deepak crm vodafone

  • 1. NCRD Sterling Institute of Management Studies A CRM REPORT ON vodafone submiited to prof. Iftiqar Mistry submitted by Deepak R Gorad
  • 2. I. Introduction ā€“ Vodafone a. Company Profile b. Vodafone in India c. Market Shares in India II. Gartnerā€™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
  • 3. I. INTRODUCTION Name VODAFONE comes from ā€œVoiceā€, ā€œDataā€ & ā€œPhoneā€ 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
  • 4. 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
  • 7. 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. GARTNERā€™S MODEL
  • 9. (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 ļƒ¼Consistency ļƒ¼Reliability ļƒ¼Flexibility ļƒ¼Responsiveness ļƒ¼Innovative Services We will make this happen in an enriching environment of trust, cooperation and mutual respect.
  • 10. VODAFONEā€™S CRM PHILOSOPHY Involving Customers as Co-innovators
  • 11. (ii) CRM STRATEGY BROAD CRM OBJECTIVES
  • 14. (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 : ļƒ¼Easy e-recharge ļƒ¼E-recharge using SMS ļƒ¼Premium SMS ļƒ¼Ringback Tones ļƒ¼International Voice & Data Roaming
  • 15. 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.
  • 16. (iv) COLLABORATIVE EFFORTS The program was built on 4 major pillars : Strategy I T Culture ProcessCOLLABORATIVE EFFORTS
  • 17. Vodafoneā€™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. Vodafoneā€™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.
  • 18. (vi) CRM INFORMATION Custom analytics provide meaningful insight for personalized customer communications & interactions. Now, VODAFONE can: ļƒ˜ Identify customersā€™ value segments ļƒ˜ Understand customer needs and preferences ļƒ˜ Create targeted marketing & sales campaigns for specific customer segments ļƒ˜ Monitor customer responses ļƒ˜ Apply experience to future campaigns ļƒ˜ Steer customersā€™ buying behavior
  • 20. (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.
  • 21. 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 Vodafoneā€™s vision and growth objectives. Finding the right CRM managers in India. ISSUES FACED POST IMPLEMENTATION