eircom business, No Surprises, (new window, 1.82MB, ppt)
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Transcript eircom business, No Surprises, (new window, 1.82MB, ppt)
No Surprises –
Best New Product
Launch
25th June 2010
Rachel Quinn, Marketing Communications Manager – Small Business
eircom
Estelle Gorby, Managing Director – Acorn Marketing
Agenda
o The Market Challenge
o The Campaign Objective & Brief
o Campaign Approach
o The Creative
o Results
o Key Success Factors
About Acorn Marketing
Increasing market competition
o eircom is no.1 provider of fixed line and broadband for business
customers
o In 2009 market environment changed when new players entered
the fixed line market – Vodafone & O2
o New players had significant market share with their mobile base
and offering aggressive pricing to gain market share
o Also increased competition from other competitors including
Imagine
Customer behaviour changed
o Customers increasingly were looking for ways to control and cut
their costs
o Customer were more proactive and receptive to new deals/offers
o Customer churn became an increasing threat to eircom
About Acorn Marketing
Overall
Objective
Overall
campaign
objective
Education of new proposition
Make customers aware of new way to control their monthly costs
Show eircom as offering equal value to competitors
Persuade customers to stay with eircom
Increase broadband sales/upgrades from bundle
Reinforce “Why eircom”
Campaign
Brief to
toAcorn
Acorn
Campaign brief
Target: “At risk” customers (high propensity to churn)
Launch new proposition to market
Get stand out and engagement from the campaign
Ensure cost effective retention of customers
Recover revenue through up-sell of additional products
About Acorn Marketing
Overall Objective
Our approach:
Target market
Analysed customers activity
Identified those with higher than average bills
Looked at their recent behaviour/activity & propensity to churn
Established a defined target audience
Small Companies and higher than average spend
Overall Objective
Our approach:
Format/media
Direct Mail – Get Cut through with customer. No Clutter
Cost effective – focus on cost per piece
Effective doesn’t have to be Expensive or Plain
Leveraged lower postal rates and optimal size
Most effective combination - Self Mailer or Letter/Mailer/Envelope?
Ensured clear space throughout to deliver message in a clean and
step by step format
Objective
OurOverall
approach:
Message
Tell Me Quick. Tell Me True
Introducing a new way to control your bills and manage costs
Line Rental, Calls all for a fixed monthly fee (€32.99)
eircom has listened to customers – and responded
New Proposition is opportunity to save costs
Other reasons why eircom is right for your business
Overall Objective
Our approach:
Call to action
What is it you want me to do.
Immediate opportunity for your business to save. Act today
Strong Call to Action throughout – reinforced front and back.
Why not add broadband too.. For a total price of only xxx
About Acorn Marketing
Our approach: Creative
Our approach: Creative
Our approach: Creative
Our approach: Creative
About Acorn Marketing
Overall
Objective
Results
Exceeded expected volume of calls and sales
The highest response rate from any broadband/voice DM to
date
Churn improved by over 50% with “at risk customers”
Cost per sale was much lower than expected
Positioned eircom as offering equal value to competitors
About Acorn Marketing
Overall
Objective
Key
factors
to success
Best Practice Customer Retention – Proactive and ongoing
strategy
Adapted to market changes quickly and reacted
Positioned eircom as reacting to market conditions
Strong Uptake : Excellent cost per lead, cost per switch
Excellent Return on Investment
About Acorn Marketing