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Advertising & Personalization
Solutions
Telecom
EnterSpace
Personalization Suite™ for Telecom: Multi-channel, 1-to-1
interactions with millions of customers…one customer
at a time
The telecom industry is brutally competitive.
Every telecom firm must increase subscriber revenue and lower
customer churn. Firms that do not differentiate will find
themselves selling commodities and engaging in non-stop price
wars. One clear way of distinction is to offer richer customer
interactions; experiences that are consistently delivered
through every customer touchpoint. There is incredible value
in matching business and consumer customers to tailored offerings
thereby increasing the lifetime value of each subscriber.
Such is the promise of personalization.
Personalization Based on the Current
Session & Transaction, not just Past Information
There are many personalization and CRM (customer relationship
management) solutions for the telecom industry. Many are adequate;
but most lack true real-time functionality. Subscriber segmentation
occurs offline generally in some sort of periodic batch processing
not while your customer is clicking through your web site
or on the phone with a call center representative. The result
is categorization, not personalization. But customers don’t
want to be thrown into large buckets; they want a 1-to-1 relationship.
Moreover, as level of personalization increases to include
session/ transactionally sensitive variables; like session
clickstream, current bill, etc., the ROI for personalization
initiatives improves substantially. Jericho Systems can make
customized content decisions during every transaction; online,
over the phone, through a kiosk, etc.
For Example Your customer
is online viewing their bill. Based on a real-time credit
score that assigns your customer as a moderate risk could
you offer a bill financing option at a moderate APR? The
same example applies if your customer contacts your call
center with a question about their service or bill.
Multi-Channel Personalization™
As the example above conveys, Jericho Systems’ personalization
is enabled through any customer touchpoint, i.e. web, call
center, voice response unit, kiosks, in-store, etc. Most personalization
solutions operate on a single channel. Online personalization
packages generally do not interact with call center personalization
systems causing customer-specific messages to be inconsistent
and drastically increasing the expense to implement personalization
solutions. Who wants to buy two or more systems to do one
job?
Centrally and Easily Administered, Enterprise-Wide
With Jericho Systems, personalization is a function brought
to the enterprise level. From the ground up, the EnterSpace
Personalization Suite is built for distributed administration
of personalization opportunities. There may be personalization
rules that operate across the entire enterprise, and personalization
rules maintained by a region or city but the infrastructure
and interface is consistent through the enterprise. In addition,
the GUI for the management of personalization rules is built
for the non-technical, but business savvy user.
Quickly Leverage Enterprise Information
for 1-to-1 Relationships Within most telecom companies,
especially given the industries high level of mergers and
consolidations, information silos exist creating walls between
you and your customers. Jericho Systems tears down these walls
by giving you the ability to rapidly connect to these disparate
data sources and use them for your real-time personalization
initiatives.
Utilize Real-Time, Digital Feedback
to Improve Personalization Initiatives for Greater ROI
Your subscribers’ behavior has enormous value. The EnterSpace
Personalization Suite captures information about your customers
and their decisions that has never before been effectively
made available or utilized. For every personalization decision,
the tool captures relevant information about the subscriber,
the situation, the transaction and the content offered to
them. This is stored in a repository that may be referenced
by future decisions. This provides an adaptive capability
which enables you to avoid saturating a subscriber with repetitive
messages and enables customized content to be based on customer
choices and behavioral patterns.
Our enterprise software tool creates a personalized
environment, through whatever channel, whenever your customer
chooses to enter that channel.
With the EnterSpace Personalization
Suite, Telecom Companies Gain Numerous Solutions, Including:
- Multi-Channel, Targeted Offerings
to Consumers & Business, 1-to-1 based upon
known customer attributes, services provisioned, billing,
etc., and situational parameters including session clickstream
or time-of-day, etc.
- Personalized Up-Selling, Cross-Selling
and Bundling real-time, customer-centric messages
to induce purchases; bundle local, long-distance and wireless
in 1-to-1 packages.
- Secure, Online Intuitive Portals
and Self-Care Solutions in a controlled fashion,
give your customers the content they want, when they want
it; to advance customer relationships in real-time, while
at the same time providing you with tremendous opportunities
for targeted offerings.
- Unique Credit Offers & Bill Financing
real-time, rules-based credit checks provide 1-to-1 opportunities
for credit offers.
- Sophisticated, Tailored Customer
Loyalty Programs personalized uniquely for business
and consumers.
- Individualized Co-Marketing and Co-Branding
Offers present the best customer-specific offers
from your partners in real-time.
- Real-time Alerting Capabilities
like personalized business news, stock quotes, and account
information delivered via e-mail or wireless devices. Whole
new service offerings could be created in this area for
wireless companies. Market 1-to-1 alerting packages; for
example, what’s the closest gas station, restaurant
or movie theater. With the EnterSpace Personalization Suite
alerts could be based upon cell-site location and time-of-day.
Example: It’s 9:00 AM. How about a breakfast offer
at the closest fast-food restaurant sent via a wireless
device?
- Tailored E-Mail and Newsletter Solutions
1-to-1 messages personalized customer-by-customer.
- Online Advertising Auctions
if your site has outside advertisers, enable them to compete
for the right to present messages to your customers.
- Robust Online Registration Solutions
including hosting, design and messaging capabilities.
- Simple Integration with Existing
Customer Applications and Data Sources including
CRM, provisioning, billing, service request, payment, and
other enterprise data sources.
Telecom Companies’ ROI in Jericho
Systems is Derived from:
- Increased Revenue through
offering the right products and services 1-to-1; right now
- Increased Revenue through
increased customer acquisition and decreased subscriber
churn due to 1-to-1, real-time personalization
- Increased Revenue through
1-to-1 up-selling, cross-selling, product bundling, co-marketing
and co-branding
- Increased Revenue from easy
implementation of new services and packages, especially
in the wireless arena
- Decreased Costs of time
to market and enhancement of personalization initiatives
enterprise-wide
- Decreased Costs from secure
and robust self-care solutions
The EnterSpace Personalization Suite can scale
to millions of personalization decisions per second, for user
communities in the tens-of-millions, in a real-time, parallel
scaling, fault-tolerant environment. |
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