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Copyright ? 2006 Accenture All Rights Reserved. Driving High Performance for a Large Wireless Communication Company Through Advanced Customer Insight Accenture Consulting – CRM Customer Insight Presenters: Ramin Mikaili and Lynette Lilly Why Customer Insight? Levels Of Insight Approach Case I: Growth Segmentation Analysis Framework The wireless industry is exhibiting the telltale signs of a maturing and potentially unhealthy market. Case Study II: Business Issues The first step was to create a 360-degree view of the customer that incorporated factors from all key areas. Case Study II: Strategic Segmentation Case Study II: Market Research Results Case Study II: Market Research What is Customer Insight? * Copyright ? 2006 Accenture All Rights Reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Copyright ? 2006 Accenture All Rights Reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. In saturated competitive markets, the economics of acquisition and retention becomes painfully obvious and requires a shift in the marketing mix from using the 4 Ps to the 4 Rs. 1 1. James G. Barnes book Secrets of Customer Relationship Management McGraw Hill copyright 2000, 23 4 Ps Price Product Promotion Place 4 Rs Relationships: effective communication, trust, commitment, understanding customer needs Retention: targeted incentives, rewards, loyalty programs for specific segments Referrals: value selling, Communication Recovery: strong win-back programs, product and service development Acquisition determines how fast a company can grow. Retention determines whether a company will survive over time. Retention, up-sell, or service Acquisition, capital investments Mass media buys Corporate Branding MA/Alliance Strategy Corporate Strategy Price Plans/Bundling Capital/Technology Investment Strategy Corporate Direction Network Build New Market Entry IT project prioritization Supply Chain Strategy Pr
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