SlideShare a Scribd company logo
Telstra Case Study
Financial Analysis:
Revenue: $40 million over 3 years (Assuming a linear ramp, that's approximately $13.3 million per year).
Gross Margin: 30% of revenue, so $4 million over 3 years.
Opex & SG&A: 10% of revenue, so $4 million over 3 years.
Net Profit: Gross Margin - (Opex & SG&A) = $4 million - $4 million = $0 (break-even).
Additional Considerations:
Strategic Fit: Does the new product align with Telstra's overall strategic goals and objectives?
Market Demand: Is there a strong demand for the new product in the market?
Competitive Landscape: What is the level of competition, and does Telstra have a competitive advantage in this space?
Long-Term Benefits: Even if the initial financial gains are marginal, does the product have the potential for long-term success and
growth?
Considering the financials, the investment appears to break even, meaning that the revenue generated covers both the cost of goods sold
(COGS) and operating expenses, resulting in no net profit. From a purely financial perspective, this might not seem highly attractive.
However, there are other factors to consider:
Product Development Process:
Assuming Telstra decides to pursue the opportunity, here is a brief outline of the product development process:
1. Market Research:
• Conduct comprehensive market research to identify customer needs, preferences, and pain points.
• Analyze market trends, competition, and potential demand for the new product.
• Explore emerging technologies that could impact the product's development.
2. Feasibility Study:
• Assess the technical feasibility of developing the product, considering available resources and expertise.
• Conduct a financial feasibility study to estimate costs, pricing, and potential returns.
• Evaluate regulatory and compliance requirements that might affect product development.
3. Strategic Alignment:
• Ensure that the new product aligns with Telstra's overall business strategy and goals.
• Evaluate how the product fits into Telstra's existing product portfolio and whether it complements other offerings.
4. Concept Development:
• Develop a detailed concept of the product, outlining its key features, functionalities, and unique selling points.
• Create prototypes or mock-ups to visualize the product and gather initial feedback.
5. Business Analysis:
• Conduct a thorough business analysis, considering the total cost of ownership, potential revenue streams, and breakeven points.
• Evaluate the scalability of the product and its impact on existing operations.
6. Cross-Functional Collaboration:
• Foster collaboration between different departments (e.g., marketing, R&D, sales) to ensure a holistic approach to product
development.
• Facilitate open communication to address potential challenges and capitalize on synergies.
7. Risk Assessment:
• Identify and assess potential risks related to technology, market dynamics, and competition.
• Develop risk mitigation strategies and contingency plans.
8. Prototype Testing:
• Build a prototype or minimum viable product (MVP) for testing purposes.
• Gather feedback from internal teams and, if feasible, conduct beta testing with a select group of customers.
9. Iterative Development:
• Based on feedback, iterate on the product design and features.
• Use an agile development approach to adapt to changing requirements and market dynamics.
10. Regulatory Compliance:
• Ensure that the product complies with relevant regulations and industry standards.
• Obtain necessary certifications or approvals before moving to the next stages.
11. Pilot Launch:
• Conduct a pilot launch in a controlled environment or specific market segment.
• Monitor performance and gather real-world feedback from customers.
12. Full-Scale Launch:
• Roll out the product on a larger scale, supported by a comprehensive marketing and sales strategy.
• Leverage Telstra's existing customer base and distribution channels.
13. Post-Launch Evaluation:
• Continuously monitor key performance indicators (KPIs) such as sales, customer satisfaction, and market share.
• Collect data for further product improvements and updates.
14. Scalability and Maintenance:
• Plan for the scalability of the product to meet increasing demand.
• Establish a maintenance and support framework for ongoing customer satisfaction.
15. Market Expansion and Adaptation:
• Explore opportunities for market expansion and adapt the product based on changing market needs.
• Stay agile and responsive to technological advancements and competitive developments.
By following this comprehensive product development process, Telstra can increase the likelihood of bringing a successful and
sustainable new product to market. This approach integrates strategic, financial, and operational considerations, ensuring that the
product aligns with both customer expectations and Telstra's business objectives. Regular assessments and adaptability are key to long-
term success in a dynamic market environment.
Telstra's Mobility Products:
Consumer Segment:
1. Mobile Plans and Devices:
• Telstra offers a range of mobile plans with varying data allowances, talk time, and additional features.
• Provides a diverse selection of smartphones and other mobile devices.
2. Entertainment Bundles:
• May include entertainment bundles that offer streaming services or other content as part of mobile packages.
Small Business Segment:
1. Business Mobile Plans:
• Tailored mobile plans for small businesses with features like shared data, business-grade support, and device management.
2. Productivity Solutions:
• Integration with business productivity tools and applications.
Enterprise Segment:
1. Corporate Mobile Plans:
• Customized mobile plans for large enterprises with features like corporate billing, international roaming options, and dedicated account
management.
2. IoT and Connectivity Solutions:
• Offers solutions for the Internet of Things (IoT) and connectivity services for enterprise applications.
Recommendation for Growth in Enterprise Mobile Business:
One potential area for growth in Telstra's Enterprise Mobile
business could be to focus on providing tailored solutions for
specific industries. For example, developing industry-specific mobile
packages with features and services that cater to the unique needs
of sectors such as healthcare, manufacturing, or logistics.
Competitors in the Mobility Domain (Australia):
Major Competitors:
Optus:
• Offers a range of mobile plans for consumers, businesses, and
enterprises.
• Competes with Telstra in terms of network coverage and service
offerings.
Vodafone Hutchison Australia (VHA):
• Provides mobile plans and devices for consumers, businesses,
and large enterprises.
• Competes with Telstra and Optus in the Australian mobile
market.
5G Slicing:
Customization of Services:
• 5G slicing allows Telstra to create virtualized, customized networks for different applications, ensuring optimal performance and low
latency.
• Enables tailored offerings for enterprise customers with specific connectivity requirements.
Mobile APIs:
Integration with Third-Party Services:
• Mobile APIs facilitate seamless integration with third-party applications and services.
• Enhances the customer experience by allowing users to easily connect and interact with a variety of digital services.
Innovative Applications:
• Enables the development of innovative applications and services through open APIs, fostering a vibrant developer ecosystem.
Efficient Operations:
• Mobile APIs streamline operations, making it easier for customers to manage their mobile services, access information, and utilize
features.
In summary, leveraging 5G slicing and mobile APIs can enhance the customer experience by providing tailored solutions, fostering
innovation, and enabling efficient integration with third-party services. Telstra can use these technologies to differentiate itself in the
market and meet the evolving needs of mobile end-users.
Telstra Case Solution for its company.pptx

More Related Content

Similar to Telstra Case Solution for its company.pptx

Fresh Insights into Business Development Part 1
Fresh Insights into Business Development Part 1Fresh Insights into Business Development Part 1
Fresh Insights into Business Development Part 1
Anthony Stephen Akinsida
 
100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective
accenture
 
Innovation, Marketing and Sales for Growth
Innovation, Marketing and Sales for GrowthInnovation, Marketing and Sales for Growth
Innovation, Marketing and Sales for Growth
spin-up
 
How to Introduce Operational Excellence in your Organisation?
How to Introduce Operational Excellence in your Organisation?How to Introduce Operational Excellence in your Organisation?
How to Introduce Operational Excellence in your Organisation?
Tina Arora
 
India Business Insight - comprehensive insight on 90,000 Indian companies and...
India Business Insight - comprehensive insight on 90,000 Indian companies and...India Business Insight - comprehensive insight on 90,000 Indian companies and...
India Business Insight - comprehensive insight on 90,000 Indian companies and...
Kunal B.
 
Pillars of Product Management
Pillars of Product ManagementPillars of Product Management
Pillars of Product ManagementTom Burky MIExpE
 
Management Consulting - Strategy Management
Management Consulting - Strategy ManagementManagement Consulting - Strategy Management
Management Consulting - Strategy Management
Hocein
 
Strategy formulation and SOWT analysis
Strategy formulation and SOWT analysisStrategy formulation and SOWT analysis
Strategy formulation and SOWT analysis
Samya Alghazo
 
Market Assessment Proposal Powerpoint Presentation Slides
Market Assessment Proposal Powerpoint Presentation SlidesMarket Assessment Proposal Powerpoint Presentation Slides
Market Assessment Proposal Powerpoint Presentation Slides
SlideTeam
 
Operation strategy
Operation strategyOperation strategy
Operation strategy
sachin kumar sharma
 
Competition scope, competition eligibility conditions and application process...
Competition scope, competition eligibility conditions and application process...Competition scope, competition eligibility conditions and application process...
Competition scope, competition eligibility conditions and application process...
KTN
 
Business plan for a millimeter wave technology business
Business plan for a millimeter wave technology businessBusiness plan for a millimeter wave technology business
Business plan for a millimeter wave technology business
Juliet John
 
https://www.slideshare.net/upload?download_id=252440974&original_file=true
https://www.slideshare.net/upload?download_id=252440974&original_file=truehttps://www.slideshare.net/upload?download_id=252440974&original_file=true
https://www.slideshare.net/upload?download_id=252440974&original_file=true
AryanYadav787220
 
Strategic Information Systems for Competitive Advantage-1.ppt
Strategic Information Systems for Competitive Advantage-1.pptStrategic Information Systems for Competitive Advantage-1.ppt
Strategic Information Systems for Competitive Advantage-1.ppt
santoshsahu622005
 
Strategic & corporate management
Strategic & corporate managementStrategic & corporate management
Strategic & corporate management
gauravsolanki7315
 
Business Advancement Research Proposal PowerPoint Presentation Slides
Business Advancement Research Proposal PowerPoint Presentation SlidesBusiness Advancement Research Proposal PowerPoint Presentation Slides
Business Advancement Research Proposal PowerPoint Presentation Slides
SlideTeam
 
Proposal For Quantitative Business Research PowerPoint Presentation Slides
Proposal For Quantitative Business Research PowerPoint Presentation SlidesProposal For Quantitative Business Research PowerPoint Presentation Slides
Proposal For Quantitative Business Research PowerPoint Presentation Slides
SlideTeam
 
Strategy - basic concepts
Strategy  - basic conceptsStrategy  - basic concepts
Strategy - basic concepts
Allied Consultants
 
Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...
Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...
Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...
CIT Group
 

Similar to Telstra Case Solution for its company.pptx (20)

Fresh Insights into Business Development Part 1
Fresh Insights into Business Development Part 1Fresh Insights into Business Development Part 1
Fresh Insights into Business Development Part 1
 
100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective
 
Innovation, Marketing and Sales for Growth
Innovation, Marketing and Sales for GrowthInnovation, Marketing and Sales for Growth
Innovation, Marketing and Sales for Growth
 
How to Introduce Operational Excellence in your Organisation?
How to Introduce Operational Excellence in your Organisation?How to Introduce Operational Excellence in your Organisation?
How to Introduce Operational Excellence in your Organisation?
 
India Business Insight - comprehensive insight on 90,000 Indian companies and...
India Business Insight - comprehensive insight on 90,000 Indian companies and...India Business Insight - comprehensive insight on 90,000 Indian companies and...
India Business Insight - comprehensive insight on 90,000 Indian companies and...
 
Pillars of Product Management
Pillars of Product ManagementPillars of Product Management
Pillars of Product Management
 
Management Consulting - Strategy Management
Management Consulting - Strategy ManagementManagement Consulting - Strategy Management
Management Consulting - Strategy Management
 
Strategy formulation and SOWT analysis
Strategy formulation and SOWT analysisStrategy formulation and SOWT analysis
Strategy formulation and SOWT analysis
 
Market Assessment Proposal Powerpoint Presentation Slides
Market Assessment Proposal Powerpoint Presentation SlidesMarket Assessment Proposal Powerpoint Presentation Slides
Market Assessment Proposal Powerpoint Presentation Slides
 
Operation strategy
Operation strategyOperation strategy
Operation strategy
 
Competition scope, competition eligibility conditions and application process...
Competition scope, competition eligibility conditions and application process...Competition scope, competition eligibility conditions and application process...
Competition scope, competition eligibility conditions and application process...
 
Business plan for a millimeter wave technology business
Business plan for a millimeter wave technology businessBusiness plan for a millimeter wave technology business
Business plan for a millimeter wave technology business
 
https://www.slideshare.net/upload?download_id=252440974&original_file=true
https://www.slideshare.net/upload?download_id=252440974&original_file=truehttps://www.slideshare.net/upload?download_id=252440974&original_file=true
https://www.slideshare.net/upload?download_id=252440974&original_file=true
 
Strategic Information Systems for Competitive Advantage-1.ppt
Strategic Information Systems for Competitive Advantage-1.pptStrategic Information Systems for Competitive Advantage-1.ppt
Strategic Information Systems for Competitive Advantage-1.ppt
 
Strategic & corporate management
Strategic & corporate managementStrategic & corporate management
Strategic & corporate management
 
Business Advancement Research Proposal PowerPoint Presentation Slides
Business Advancement Research Proposal PowerPoint Presentation SlidesBusiness Advancement Research Proposal PowerPoint Presentation Slides
Business Advancement Research Proposal PowerPoint Presentation Slides
 
ISC Brochure
ISC BrochureISC Brochure
ISC Brochure
 
Proposal For Quantitative Business Research PowerPoint Presentation Slides
Proposal For Quantitative Business Research PowerPoint Presentation SlidesProposal For Quantitative Business Research PowerPoint Presentation Slides
Proposal For Quantitative Business Research PowerPoint Presentation Slides
 
Strategy - basic concepts
Strategy  - basic conceptsStrategy  - basic concepts
Strategy - basic concepts
 
Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...
Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...
Executing a Total Solutions Strategy - And Other Complex Selling and Pricing ...
 

Recently uploaded

Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdfSupercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Access Innovations, Inc.
 
Gregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptxGregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptx
gharris9
 
Getting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control TowerGetting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control Tower
Vladimir Samoylov
 
María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024
eCommerce Institute
 
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdfBonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
khadija278284
 
International Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software TestingInternational Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software Testing
Sebastiano Panichella
 
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
0x01 - Newton's Third Law:  Static vs. Dynamic Abusers0x01 - Newton's Third Law:  Static vs. Dynamic Abusers
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
OWASP Beja
 
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
OECD Directorate for Financial and Enterprise Affairs
 
Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...
Sebastiano Panichella
 
Eureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 PresentationEureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 Presentation
Access Innovations, Inc.
 
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptxsomanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
Howard Spence
 
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Orkestra
 
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Sebastiano Panichella
 
Obesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditionsObesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditions
Faculty of Medicine And Health Sciences
 
Media as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern EraMedia as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern Era
faizulhassanfaiz1670
 
Acorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutesAcorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutes
IP ServerOne
 
Bitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXOBitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXO
Matjaž Lipuš
 

Recently uploaded (17)

Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdfSupercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
 
Gregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptxGregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptx
 
Getting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control TowerGetting started with Amazon Bedrock Studio and Control Tower
Getting started with Amazon Bedrock Studio and Control Tower
 
María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024María Carolina Martínez - eCommerce Day Colombia 2024
María Carolina Martínez - eCommerce Day Colombia 2024
 
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdfBonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
Bonzo subscription_hjjjjjjjj5hhhhhhh_2024.pdf
 
International Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software TestingInternational Workshop on Artificial Intelligence in Software Testing
International Workshop on Artificial Intelligence in Software Testing
 
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
0x01 - Newton's Third Law:  Static vs. Dynamic Abusers0x01 - Newton's Third Law:  Static vs. Dynamic Abusers
0x01 - Newton's Third Law: Static vs. Dynamic Abusers
 
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
 
Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...Announcement of 18th IEEE International Conference on Software Testing, Verif...
Announcement of 18th IEEE International Conference on Software Testing, Verif...
 
Eureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 PresentationEureka, I found it! - Special Libraries Association 2021 Presentation
Eureka, I found it! - Special Libraries Association 2021 Presentation
 
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptxsomanykidsbutsofewfathers-140705000023-phpapp02.pptx
somanykidsbutsofewfathers-140705000023-phpapp02.pptx
 
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...
 
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...Doctoral Symposium at the 17th IEEE International Conference on Software Test...
Doctoral Symposium at the 17th IEEE International Conference on Software Test...
 
Obesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditionsObesity causes and management and associated medical conditions
Obesity causes and management and associated medical conditions
 
Media as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern EraMedia as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern Era
 
Acorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutesAcorn Recovery: Restore IT infra within minutes
Acorn Recovery: Restore IT infra within minutes
 
Bitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXOBitcoin Lightning wallet and tic-tac-toe game XOXO
Bitcoin Lightning wallet and tic-tac-toe game XOXO
 

Telstra Case Solution for its company.pptx

  • 2. Financial Analysis: Revenue: $40 million over 3 years (Assuming a linear ramp, that's approximately $13.3 million per year). Gross Margin: 30% of revenue, so $4 million over 3 years. Opex & SG&A: 10% of revenue, so $4 million over 3 years. Net Profit: Gross Margin - (Opex & SG&A) = $4 million - $4 million = $0 (break-even). Additional Considerations: Strategic Fit: Does the new product align with Telstra's overall strategic goals and objectives? Market Demand: Is there a strong demand for the new product in the market? Competitive Landscape: What is the level of competition, and does Telstra have a competitive advantage in this space? Long-Term Benefits: Even if the initial financial gains are marginal, does the product have the potential for long-term success and growth? Considering the financials, the investment appears to break even, meaning that the revenue generated covers both the cost of goods sold (COGS) and operating expenses, resulting in no net profit. From a purely financial perspective, this might not seem highly attractive. However, there are other factors to consider:
  • 3. Product Development Process: Assuming Telstra decides to pursue the opportunity, here is a brief outline of the product development process: 1. Market Research: • Conduct comprehensive market research to identify customer needs, preferences, and pain points. • Analyze market trends, competition, and potential demand for the new product. • Explore emerging technologies that could impact the product's development. 2. Feasibility Study: • Assess the technical feasibility of developing the product, considering available resources and expertise. • Conduct a financial feasibility study to estimate costs, pricing, and potential returns. • Evaluate regulatory and compliance requirements that might affect product development. 3. Strategic Alignment: • Ensure that the new product aligns with Telstra's overall business strategy and goals. • Evaluate how the product fits into Telstra's existing product portfolio and whether it complements other offerings.
  • 4. 4. Concept Development: • Develop a detailed concept of the product, outlining its key features, functionalities, and unique selling points. • Create prototypes or mock-ups to visualize the product and gather initial feedback. 5. Business Analysis: • Conduct a thorough business analysis, considering the total cost of ownership, potential revenue streams, and breakeven points. • Evaluate the scalability of the product and its impact on existing operations. 6. Cross-Functional Collaboration: • Foster collaboration between different departments (e.g., marketing, R&D, sales) to ensure a holistic approach to product development. • Facilitate open communication to address potential challenges and capitalize on synergies. 7. Risk Assessment: • Identify and assess potential risks related to technology, market dynamics, and competition. • Develop risk mitigation strategies and contingency plans.
  • 5. 8. Prototype Testing: • Build a prototype or minimum viable product (MVP) for testing purposes. • Gather feedback from internal teams and, if feasible, conduct beta testing with a select group of customers. 9. Iterative Development: • Based on feedback, iterate on the product design and features. • Use an agile development approach to adapt to changing requirements and market dynamics. 10. Regulatory Compliance: • Ensure that the product complies with relevant regulations and industry standards. • Obtain necessary certifications or approvals before moving to the next stages. 11. Pilot Launch: • Conduct a pilot launch in a controlled environment or specific market segment. • Monitor performance and gather real-world feedback from customers. 12. Full-Scale Launch: • Roll out the product on a larger scale, supported by a comprehensive marketing and sales strategy. • Leverage Telstra's existing customer base and distribution channels.
  • 6. 13. Post-Launch Evaluation: • Continuously monitor key performance indicators (KPIs) such as sales, customer satisfaction, and market share. • Collect data for further product improvements and updates. 14. Scalability and Maintenance: • Plan for the scalability of the product to meet increasing demand. • Establish a maintenance and support framework for ongoing customer satisfaction. 15. Market Expansion and Adaptation: • Explore opportunities for market expansion and adapt the product based on changing market needs. • Stay agile and responsive to technological advancements and competitive developments. By following this comprehensive product development process, Telstra can increase the likelihood of bringing a successful and sustainable new product to market. This approach integrates strategic, financial, and operational considerations, ensuring that the product aligns with both customer expectations and Telstra's business objectives. Regular assessments and adaptability are key to long- term success in a dynamic market environment.
  • 7. Telstra's Mobility Products: Consumer Segment: 1. Mobile Plans and Devices: • Telstra offers a range of mobile plans with varying data allowances, talk time, and additional features. • Provides a diverse selection of smartphones and other mobile devices. 2. Entertainment Bundles: • May include entertainment bundles that offer streaming services or other content as part of mobile packages. Small Business Segment: 1. Business Mobile Plans: • Tailored mobile plans for small businesses with features like shared data, business-grade support, and device management. 2. Productivity Solutions: • Integration with business productivity tools and applications. Enterprise Segment: 1. Corporate Mobile Plans: • Customized mobile plans for large enterprises with features like corporate billing, international roaming options, and dedicated account management. 2. IoT and Connectivity Solutions: • Offers solutions for the Internet of Things (IoT) and connectivity services for enterprise applications.
  • 8. Recommendation for Growth in Enterprise Mobile Business: One potential area for growth in Telstra's Enterprise Mobile business could be to focus on providing tailored solutions for specific industries. For example, developing industry-specific mobile packages with features and services that cater to the unique needs of sectors such as healthcare, manufacturing, or logistics. Competitors in the Mobility Domain (Australia): Major Competitors: Optus: • Offers a range of mobile plans for consumers, businesses, and enterprises. • Competes with Telstra in terms of network coverage and service offerings. Vodafone Hutchison Australia (VHA): • Provides mobile plans and devices for consumers, businesses, and large enterprises. • Competes with Telstra and Optus in the Australian mobile market.
  • 9. 5G Slicing: Customization of Services: • 5G slicing allows Telstra to create virtualized, customized networks for different applications, ensuring optimal performance and low latency. • Enables tailored offerings for enterprise customers with specific connectivity requirements. Mobile APIs: Integration with Third-Party Services: • Mobile APIs facilitate seamless integration with third-party applications and services. • Enhances the customer experience by allowing users to easily connect and interact with a variety of digital services. Innovative Applications: • Enables the development of innovative applications and services through open APIs, fostering a vibrant developer ecosystem. Efficient Operations: • Mobile APIs streamline operations, making it easier for customers to manage their mobile services, access information, and utilize features. In summary, leveraging 5G slicing and mobile APIs can enhance the customer experience by providing tailored solutions, fostering innovation, and enabling efficient integration with third-party services. Telstra can use these technologies to differentiate itself in the market and meet the evolving needs of mobile end-users.