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1Copyright © 2013 Comviva Technologies Limited. All rights reserved.
CX2.0
Sweating the Digital Assets –
Analytics Way
AfricaCom 2015- 17th November’15, Cape Town
Deploy a data-driven marketing approach to
improve service consumption
2
Agenda
Growth isn’t Growth anymore !
The new age assets – Digital !
Building Blocks for Digital Assets
Harnessing digital assets through power of Analytics
Getting the best out !
Mahindra Comviva’s CVM Solution
3
Paradigm Shift –
Efficient Marketing
4
Economic Trend Supporting Growth of Middle
Class Population
Growth isn’t Growth anymore!
 Migration of people
into Middle Class due
to disparity in income
& positive GDP
 Africa- One of the
fastest growing
continents in the
world with 5.2% of
forecasted annual
GDP growth by 2016
 Between 2000 and
2010 itself Africa’s
middle class base
grew by 130m
Source: African Development Bank, World bank data, IMF forecasts, Deloitte ‘Rise and Rise of the African Middle Class
5
Mobile Markets are moving towards lower
revenue growth
Growth isn’t Growth anymore!
 Improved economic condition
enabled Africa to experience the
fastest telecom growth worldwide
 Mobile subscriber growth remains
fastest in the world positively
impacting telecoms markets
 Mobile subscription penetration
has > 72% across Africa
 But huge Multi-SIM ownership
observed leading to low revenue
growth
 In Nigeria mobile
penetration is > 60% but
SIM ownership is >2.4 per
user
2000 2015 (Estimated)
Need is to harness the existing assets for driving higher revenues
6
The new world order - Rules have changed!
Mass marketing “Segment of one” marketing
Batch & blast Contextual Communication
Aligned to campaign calendar Aligned to customer lifecycle
One-way communication Dialogue/interactive
Business & channel silos Integrated & informed
Manual/semi-automated Fully automated
Periodic Real-time/ near-real time
1
2
3
4
5
6
7
Marketing Redefined: Digital assets are evolving !
Have you identified the right
assets?
 Subscriber Profiles
 Transaction & Spend Patterns
 Ability to reach out on SMS,
USSD, Email, Bill, Portal
New Age Assets:
Transaction data, Usage patterns, Social data => Context
Identify the right
customer and serve
contextually
relevant offers
8
Building Blocks for Digital Assets
Strategic
Marketing Plan
Marketing
program &
content
development
Digital Assets
Management
Multi-channel
Delivery &
Fulfillment
Analytical
Measurement of
Digital Assets
Need to manage digital assets through
robust process design
Practices
Potential
9
Strategic & Innovative Marketing Plan
Strategic
Marketing Plan
Marketing
program &
content
development
Digital Assets
Management
Multi-channel
Delivery &
Fulfillment
Analytical
Measurement of
Digital Assets
Formulating a strategic marketing
map to ‘sweat’ digital assets is the
key
Customer-side
engagement is the key
Who is the customer
Demographic information, life
stage, transactional patterns,
device type, social group
Where is the
customer
present
Location & network
environment When would a
person take an
action
Real-time information
Who
Where
When
 Operators have large volumes of
customer data
 Power of analytics to understand and
bring context to engagement
 Potentially treat each subscriber as
unique
10
Harnessing Digital Assets for Contextual
Marketing
Strategic
Marketing Plan
Marketing
program &
content
development
Digital Assets
Management
Multi-channel
Delivery &
Fulfillment
Analytical
Measurement of
Digital Assets
Contextual & Predictive Marketing
powered by Big Data analytics
Big Data
Applications
Predictive
Analytics
Contextual
Marketing
Pillars for new era Marketing Programs
 Consumer insights- key to derive the
Customer persona
 Recommendations - need to be contextual
and relevant
11
Multi-channel delivery of right offers
Strategic
Marketing Plan
Marketing
program &
content
development
Digital Assets
Management
Multi-channel
Delivery &
Fulfillment
Analytical
Measurement of
Digital Assets
Analytics- predicting the right
channel for offer delivery
Multiple Channel delivery & fulfillment
Identify the right customer and send
contextually relevant offers by the
most relevant channel with power of
‘one-click’ fulfilment
12
Do we have Right
product mix?
Ability to discover the
products?
When and how you reach out to subscriber?
Digital Assets Management
Data is immense – imperative to manage
the assets in the most profitable way
Strategic
Marketing Plan
Marketing
program &
content
development
Digital Assets
Management
Multi-channel
Delivery &
Fulfillment
Analytical
Measurement of
Digital Assets
New Age Digital Assets:
Transaction data, Usage patterns,
Social data => Context
13
Analytical Measurement of Digital Assets
Creating ‘Actionable Insights’ to power
growth !
Strategic
Marketing Plan
Marketing
program &
content
development
Digital Assets
Management
Multi-channel
Delivery &
Fulfillment
Analytical
Measurement of
Digital Assets
 Have you identified right assets?
 Have you measured efficiency of your
Marketing Programs?
– Subscribers
– Subscriber profile
– Ability to reach out on SMS, USSD, Email,
Bill, Portal
14
Power of Analytics - The paradigm
 Analytics to micro-segment (even N=1) based on behavior and profiles
 Cross-product into micro-segments
 Reach via more than one touch point:
“Average is for marketers who don’t have
enough information to be accurate ” --Seth Godin
15
How do you do all this ? Big Data Analytics
Descriptive
PredictivePrescriptive
Unstructured data/
Profile data/
Demographic Data
Statistical /
Association/
Feature extraction
algorithms
Reports/Drill-downs/
Associations/ Feature
patterns
Usage data
and
transactional
data
Logistic
Regression
/ ML classifiers
Predictive
scores /
forecasts
Historical transactional
data and real-time data
feeds
Predictions,
random variable
optimization +
business rules
Recommendations,
optimized solutions
16
Deploying a multidimensional approach to
arrive at granular customer insights
Analysis based
on tariff profile
Value based
analysis
Multi-dimensional
analysis
Transactions
Attitude
Demography
Interactions
Platinum
Silver
RFM score
Recency
Frequency
Monetary value
=
+
+
Gold
Location
 Defines broad
segments based on
class of service
 Ranks customers on
recency, frequency &
monetary value to
create segments
 Leverages demographic,
transaction, location,
interaction & social media
data to identify and
address each customer
uniquely
17
Deepen engagement over the lifecycle of the
customer
Acquire Grow Retain Winback
Pricing
 Incentives for the first
top-up
 Discount on VAS
trials
 Bundled pricing
plans
 Location based
pricing
Real-time Offers
 Personalized real
time offers
 Next best offers
 Data/VAS/mMoney
promotions
 Location based offer
Churn control
 Churn propensity
scoring
 Customer experience
optimization
 Winback campaigns
Recommendation
 Service/content
recommendations
Rewards
 Loyalty programs
 Tenure based
personalized rewards
Usecases
18
Mahindra Comviva’s
CVM Solution
19
Addressing the 3V Business Challenges
The 3V challenge Magnitude of challenge
 Use analytical tools to gain insight
into customer data and drive
business decisions and action in real/
near-real time
 Use open source
framework to
process and store
large datasets
Data
velocity
Data
volume
Data
variety
GB TB PB
 Analyze both structured data
(transactional data) and unstructured
data (data from social networks,
customers’ feedback) to develop deep
insights into consumer behavior
Number of
mobile
customers
Number of CDRs
generated per
person per day
CDRs processes
5mn
20
x
=
100mn
20
Through Mahindra Comviva’ s CVM Solution
Analytics layerData sources
Subscriber profile
Location
Social media
Multi-channel
Campaign delivery
Transactional data
Campaign manager,
scheduler and
executor
Reports
Data
visualization
layer
 RFM segmentation
 Custom micro-segmentation
using customer’s 360°
profile parameters
Mahindra Comviva’s Revenue Plus suite is a unique analytics driven CVM solution that drives Revenue
Growth by Contextual Marketing with emphasis on Customer Engagement and Retention
21
Driving CVM
Revenue Plus: Creating Value at every step !
Revenue Plus Suite
Micro Marketing
Solution
Max Engage
Solution
Subscriber Segmentation
Campaign Management
iEOCN
(Intelligent Notifications)
Winback Solution
Loyalty Solution
(Subscribers/Retailers)
IRIS (Incremental Rev
through Incremental Sale)
Recommendation Engine
(NBA)
Churn Prediction
Dynamic Tarifing
Solution
DPS - Data
DPS - Voice
Data & Voice Micro-
pricing
1 2 3
Marketing Platform Marketing Solutions Marketing Services
 Analytical Driven Marketing
platform
 Tools & Technologies to
develop CVM Campaigns
 Module based offering as a ‘pick
and choose’ package
 Best Business processes &
Consultancy
 Allows transfer of Operational Usage &
Revenue enhancement Responsibilities
 Manage end-to-end U & R operations
Revenue Plus suite is a unique CVM solution that drives Revenue Growth by Contextual Marketing
with emphasis on Customer Engagement, Loyalty and Retention
IncreasedCustomer
Value
Business Consultancy Analytics Office
22
Disclaimer
Copyright © 2013: Comviva Technologies Ltd, Registered Office at A-26, Info City, Sector 34, Gurgaon-122001, Haryana, India.
All rights about this document are reserved and shall not be , in whole or in part, copied, photocopied, reproduced, translated, or reduced to any manner including but not limited to
electronic, mechanical, machine readable ,photographic, optic recording or otherwise without prior consent, in writing, of Comviva Technologies Ltd (the Company).
The information in this document is subject to changes without notice. This describes only the product defined in the introduction of this documentation. This document is intended for the
use of prospective customers of the Company Products Solutions and or Services for the sole purpose of the transaction for which the document is submitted. No part of it may be
reproduced or transmitted in any form or manner whatsoever without the prior written permission of the company. The Customer, who/which assumes full responsibility for using the
document appropriately. The Company welcomes customer comments as part of the process of continuous development and improvement.
The Company, has made all reasonable efforts to ensure that the information contained in the document are adequate, sufficient and free of material errors and omissions. The
Company will, if necessary, explain issues, which may not be covered by the document. However, the Company does not assume any liability of whatsoever nature , for any errors in the
document except the responsibility to provide correct information when any such error is brought to company’s knowledge. The Company will not be responsible, in any event, for errors
in this document or for any damages, incidental or consequential, including monetary losses that might arise from the use of this document or of the information contained in it.
This document and the Products, Solutions and Services it describes are intellectual property of the Company and/or of the respective owners thereof, whether such IPR is registered,
registrable, pending for registration, applied for registration or not.
The only warranties for the Company Products, Solutions and Services are set forth in the express warranty statements accompanying its products and services. Nothing herein should
be construed as constituting an additional warranty. The Company shall not be liable for technical or editorial errors or omissions contained herein.
The Company logo is a trademark of the Company. Other products, names, logos mentioned in this document, if any, may be trademarks of their respective owners.
Copyright © 2013 Comviva Technologies Limited. All rights reserved.
Thank you
Visit us at www.mahindracomviva.com

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CX2.0: Sweating the Digital Assets – Analytics Way

  • 1. 1Copyright © 2013 Comviva Technologies Limited. All rights reserved. CX2.0 Sweating the Digital Assets – Analytics Way AfricaCom 2015- 17th November’15, Cape Town Deploy a data-driven marketing approach to improve service consumption
  • 2. 2 Agenda Growth isn’t Growth anymore ! The new age assets – Digital ! Building Blocks for Digital Assets Harnessing digital assets through power of Analytics Getting the best out ! Mahindra Comviva’s CVM Solution
  • 4. 4 Economic Trend Supporting Growth of Middle Class Population Growth isn’t Growth anymore!  Migration of people into Middle Class due to disparity in income & positive GDP  Africa- One of the fastest growing continents in the world with 5.2% of forecasted annual GDP growth by 2016  Between 2000 and 2010 itself Africa’s middle class base grew by 130m Source: African Development Bank, World bank data, IMF forecasts, Deloitte ‘Rise and Rise of the African Middle Class
  • 5. 5 Mobile Markets are moving towards lower revenue growth Growth isn’t Growth anymore!  Improved economic condition enabled Africa to experience the fastest telecom growth worldwide  Mobile subscriber growth remains fastest in the world positively impacting telecoms markets  Mobile subscription penetration has > 72% across Africa  But huge Multi-SIM ownership observed leading to low revenue growth  In Nigeria mobile penetration is > 60% but SIM ownership is >2.4 per user 2000 2015 (Estimated) Need is to harness the existing assets for driving higher revenues
  • 6. 6 The new world order - Rules have changed! Mass marketing “Segment of one” marketing Batch & blast Contextual Communication Aligned to campaign calendar Aligned to customer lifecycle One-way communication Dialogue/interactive Business & channel silos Integrated & informed Manual/semi-automated Fully automated Periodic Real-time/ near-real time 1 2 3 4 5 6
  • 7. 7 Marketing Redefined: Digital assets are evolving ! Have you identified the right assets?  Subscriber Profiles  Transaction & Spend Patterns  Ability to reach out on SMS, USSD, Email, Bill, Portal New Age Assets: Transaction data, Usage patterns, Social data => Context Identify the right customer and serve contextually relevant offers
  • 8. 8 Building Blocks for Digital Assets Strategic Marketing Plan Marketing program & content development Digital Assets Management Multi-channel Delivery & Fulfillment Analytical Measurement of Digital Assets Need to manage digital assets through robust process design Practices Potential
  • 9. 9 Strategic & Innovative Marketing Plan Strategic Marketing Plan Marketing program & content development Digital Assets Management Multi-channel Delivery & Fulfillment Analytical Measurement of Digital Assets Formulating a strategic marketing map to ‘sweat’ digital assets is the key Customer-side engagement is the key Who is the customer Demographic information, life stage, transactional patterns, device type, social group Where is the customer present Location & network environment When would a person take an action Real-time information Who Where When  Operators have large volumes of customer data  Power of analytics to understand and bring context to engagement  Potentially treat each subscriber as unique
  • 10. 10 Harnessing Digital Assets for Contextual Marketing Strategic Marketing Plan Marketing program & content development Digital Assets Management Multi-channel Delivery & Fulfillment Analytical Measurement of Digital Assets Contextual & Predictive Marketing powered by Big Data analytics Big Data Applications Predictive Analytics Contextual Marketing Pillars for new era Marketing Programs  Consumer insights- key to derive the Customer persona  Recommendations - need to be contextual and relevant
  • 11. 11 Multi-channel delivery of right offers Strategic Marketing Plan Marketing program & content development Digital Assets Management Multi-channel Delivery & Fulfillment Analytical Measurement of Digital Assets Analytics- predicting the right channel for offer delivery Multiple Channel delivery & fulfillment Identify the right customer and send contextually relevant offers by the most relevant channel with power of ‘one-click’ fulfilment
  • 12. 12 Do we have Right product mix? Ability to discover the products? When and how you reach out to subscriber? Digital Assets Management Data is immense – imperative to manage the assets in the most profitable way Strategic Marketing Plan Marketing program & content development Digital Assets Management Multi-channel Delivery & Fulfillment Analytical Measurement of Digital Assets New Age Digital Assets: Transaction data, Usage patterns, Social data => Context
  • 13. 13 Analytical Measurement of Digital Assets Creating ‘Actionable Insights’ to power growth ! Strategic Marketing Plan Marketing program & content development Digital Assets Management Multi-channel Delivery & Fulfillment Analytical Measurement of Digital Assets  Have you identified right assets?  Have you measured efficiency of your Marketing Programs? – Subscribers – Subscriber profile – Ability to reach out on SMS, USSD, Email, Bill, Portal
  • 14. 14 Power of Analytics - The paradigm  Analytics to micro-segment (even N=1) based on behavior and profiles  Cross-product into micro-segments  Reach via more than one touch point: “Average is for marketers who don’t have enough information to be accurate ” --Seth Godin
  • 15. 15 How do you do all this ? Big Data Analytics Descriptive PredictivePrescriptive Unstructured data/ Profile data/ Demographic Data Statistical / Association/ Feature extraction algorithms Reports/Drill-downs/ Associations/ Feature patterns Usage data and transactional data Logistic Regression / ML classifiers Predictive scores / forecasts Historical transactional data and real-time data feeds Predictions, random variable optimization + business rules Recommendations, optimized solutions
  • 16. 16 Deploying a multidimensional approach to arrive at granular customer insights Analysis based on tariff profile Value based analysis Multi-dimensional analysis Transactions Attitude Demography Interactions Platinum Silver RFM score Recency Frequency Monetary value = + + Gold Location  Defines broad segments based on class of service  Ranks customers on recency, frequency & monetary value to create segments  Leverages demographic, transaction, location, interaction & social media data to identify and address each customer uniquely
  • 17. 17 Deepen engagement over the lifecycle of the customer Acquire Grow Retain Winback Pricing  Incentives for the first top-up  Discount on VAS trials  Bundled pricing plans  Location based pricing Real-time Offers  Personalized real time offers  Next best offers  Data/VAS/mMoney promotions  Location based offer Churn control  Churn propensity scoring  Customer experience optimization  Winback campaigns Recommendation  Service/content recommendations Rewards  Loyalty programs  Tenure based personalized rewards Usecases
  • 19. 19 Addressing the 3V Business Challenges The 3V challenge Magnitude of challenge  Use analytical tools to gain insight into customer data and drive business decisions and action in real/ near-real time  Use open source framework to process and store large datasets Data velocity Data volume Data variety GB TB PB  Analyze both structured data (transactional data) and unstructured data (data from social networks, customers’ feedback) to develop deep insights into consumer behavior Number of mobile customers Number of CDRs generated per person per day CDRs processes 5mn 20 x = 100mn
  • 20. 20 Through Mahindra Comviva’ s CVM Solution Analytics layerData sources Subscriber profile Location Social media Multi-channel Campaign delivery Transactional data Campaign manager, scheduler and executor Reports Data visualization layer  RFM segmentation  Custom micro-segmentation using customer’s 360° profile parameters Mahindra Comviva’s Revenue Plus suite is a unique analytics driven CVM solution that drives Revenue Growth by Contextual Marketing with emphasis on Customer Engagement and Retention
  • 21. 21 Driving CVM Revenue Plus: Creating Value at every step ! Revenue Plus Suite Micro Marketing Solution Max Engage Solution Subscriber Segmentation Campaign Management iEOCN (Intelligent Notifications) Winback Solution Loyalty Solution (Subscribers/Retailers) IRIS (Incremental Rev through Incremental Sale) Recommendation Engine (NBA) Churn Prediction Dynamic Tarifing Solution DPS - Data DPS - Voice Data & Voice Micro- pricing 1 2 3 Marketing Platform Marketing Solutions Marketing Services  Analytical Driven Marketing platform  Tools & Technologies to develop CVM Campaigns  Module based offering as a ‘pick and choose’ package  Best Business processes & Consultancy  Allows transfer of Operational Usage & Revenue enhancement Responsibilities  Manage end-to-end U & R operations Revenue Plus suite is a unique CVM solution that drives Revenue Growth by Contextual Marketing with emphasis on Customer Engagement, Loyalty and Retention IncreasedCustomer Value Business Consultancy Analytics Office
  • 22. 22 Disclaimer Copyright © 2013: Comviva Technologies Ltd, Registered Office at A-26, Info City, Sector 34, Gurgaon-122001, Haryana, India. All rights about this document are reserved and shall not be , in whole or in part, copied, photocopied, reproduced, translated, or reduced to any manner including but not limited to electronic, mechanical, machine readable ,photographic, optic recording or otherwise without prior consent, in writing, of Comviva Technologies Ltd (the Company). The information in this document is subject to changes without notice. This describes only the product defined in the introduction of this documentation. This document is intended for the use of prospective customers of the Company Products Solutions and or Services for the sole purpose of the transaction for which the document is submitted. No part of it may be reproduced or transmitted in any form or manner whatsoever without the prior written permission of the company. The Customer, who/which assumes full responsibility for using the document appropriately. The Company welcomes customer comments as part of the process of continuous development and improvement. The Company, has made all reasonable efforts to ensure that the information contained in the document are adequate, sufficient and free of material errors and omissions. The Company will, if necessary, explain issues, which may not be covered by the document. However, the Company does not assume any liability of whatsoever nature , for any errors in the document except the responsibility to provide correct information when any such error is brought to company’s knowledge. The Company will not be responsible, in any event, for errors in this document or for any damages, incidental or consequential, including monetary losses that might arise from the use of this document or of the information contained in it. This document and the Products, Solutions and Services it describes are intellectual property of the Company and/or of the respective owners thereof, whether such IPR is registered, registrable, pending for registration, applied for registration or not. The only warranties for the Company Products, Solutions and Services are set forth in the express warranty statements accompanying its products and services. Nothing herein should be construed as constituting an additional warranty. The Company shall not be liable for technical or editorial errors or omissions contained herein. The Company logo is a trademark of the Company. Other products, names, logos mentioned in this document, if any, may be trademarks of their respective owners. Copyright © 2013 Comviva Technologies Limited. All rights reserved. Thank you Visit us at www.mahindracomviva.com

Editor's Notes

  1. In sum, with the intense competition in the Mobile space, new customer acquisition is no longer the only option for growth. We need to realize and bring forward the new Digital assets and leverage them with new world analytics. Emphasize: Mass is passe, 1 is in!
  2. All current tools available with Telcos enable them to do everything on the Left, so why isn't growth happening the way it was. It’s the same customer! The customer is now aware and ‘demanding’. I want to know what is there for me and not ‘us’. A shift in marketing approach is required to create new assets and also find tools to leverage them.
  3. The customer is the biggest asset...RIGHT ! But what is the biggest asset of the customer ? The way the customer interacts with the Telco and with each other using the Telco services. In the new world of Telecom, the customer interaction is the new asset and the BIGGEST digital asset.
  4. Break through the silos of customer data, to evaluate the full impact of the customer experience on various KPIs such as loyalty, customer lifetime value, and profitability
  5. The engagement with the customer has to be sustained and has to be across the Lifecycle. Analytics leverages the hidden digital assets to ‘create’ value at each step of the customer life-cycle.
  6. While structured data fits into traditional data warehouses, existing systems are less capable of handling/processing the large volumes of unstructured data that comes from social media and voice services. As a result, new Big Data analytics technologies are being developed, including Hadoop platforms, MapReduce processing, and other NoSQL databases. These are part of an open source framework that can process large datasets.
  7. The Comviva solution uses all available digital assets to give an all round customer view and then adapts communication approach, Products and channels most suited to that customer while at every step reporting the business performance across a host of KPIs.