SlideShare ist ein Scribd-Unternehmen logo
1 von 4
Downloaden Sie, um offline zu lesen
Telecom cuts churn
up to 4x of postpaid
subscribers recently
migrated from
prepaid plans
Customer
Retention Solution
OFFER TAILORED
POSTPAID PLANS
PREDICT NEW
CUSTOMER
CHURN
TARGET CUSTOMERS
WITH HIGHER
LOYALTY POTENTIAL
CREATE A
GROWING
POSTPAID BASE
Next generation predictive analytics
Are they for you?
Case Study
The company needed to improve its existing marketing
campaigns by selectively reaching out to the high-value
subscribers who were most likely to stay with their new
postpaid plans after migration from prepaid.
THE NEED
• To build an automated solution in order to determine
which subscribers are most likely to stay longer with
the company after their migration from prepaid to
postpaid plans.
• To reduce the churn rate acquiring better customers.
THE OBJECTIVES
Postpaid subscribers are smaller in number, but they
contribute significantly to an operator's revenues.
They generate steadier income flows than prepaid
subscribers, who only top-up their phones as and
when need to.
The loss of postpaid customers is a big challenge for
operators, and telecoms work hard to retain these
subscribers by offering them customized plans.
Targeting marketing campaigns at the right customers
can reduce operational costs and improve overall
business performance.
BUSINESS ENVIRONMENT
Our customer is a telecommunications company that
provides mobile, landline, TV and internet services to
the millions of households.
THE CLIENT
AI powered analytics identified better
acquisition candidates
We implemented a predictive model to select subscrib-
ers from the prepaid base who had the highest proba-
bility of staying with the company after shifting to a
postpaid plan.
The predictive model was trained using a base of real
data from customers who had previously migrated
from prepaid to postpaid plans. Analysis was carried
out using Exacaster's Customer 360 profiling applica-
tion.
Customers selected by the predictive model showed far
better survival performance after the 6 month period.
Postpaid subscribers stayed longer, with the churn rate
down up to 4 times depending on the country.
Individual campaigns executed in
different markets
To evaluate the outcomes and conduct a comparative
analysis, the client formed a control group of subscrib-
ers selected using standard business criteria.
A target group was created using Exacaster's predic-
tive model, and then two marketing campaigns were
executed simultaneously. Both groups of prepaid sub-
scribers were contacted by the client's call centers in
three countries, and customers were offered postpaid
plans that suited their consumption and purchase
needs.
THE SOLUTION
Business results
BUSINESS RESULTS
Country 1 Country 2 Country 3
Up to 4x churn reduction for
customers recently migrated from
prepaid to postpaid plans
Churn Rate Reduction
60 %
50 %
40 %
30 %
20 %
10 %
0 %
Control group, selected using standard business criteria
Subscribers, selected by Exacaster's predictive model
2.5x
4x
2x
Why Exacaster
Discover the potential of next-generation predictive analytics with Exacaster
Let us know what you are interested in:
Free assesment
of your customer
retention activities
Free onsite workshop
to deep-dive into the
benefits of AI powered
process automation
Free trial
of our Smart Marketing
Toolkit platform
SMART
MARKETING
TOOLKIT
5. Reporting
Evaluates the performance of
the retention campaigns
1. Customer 360 Profile
Provides thousands of behavioral
metrics for customer evaluation
2. Segments
Identifies customers with
similar behavioral patterns
3. Propensity models
powered by AI
Machine learning evaluates subscribers
and assigns them a churn probability
4. Campaign automation
Targets customers with
personalized retention offers
across all touch-points and
channels
Customer retention solution was created using the building blocks of our
Smart Marketing Toolkit. This analytical software combines 5 modules to create
proactive, personalized customer value management strategies.
Contact us Jolita Bernotiene
Sales Director https://www.linkedin.com/in/jolitabernotiene www.exacaster.com
jolita@exacaster.com
LinkedIn profile

Weitere ähnliche Inhalte

Was ist angesagt?

Salesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and Aptaria
Salesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and AptariaSalesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and Aptaria
Salesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and AptariaAptaria
 
SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...
SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...
SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...SAP Ariba
 
Innovating with Cisco Contact Center Architectures
Innovating with Cisco Contact Center ArchitecturesInnovating with Cisco Contact Center Architectures
Innovating with Cisco Contact Center ArchitecturesCisco Canada
 
CRM Business Case Template
CRM Business Case Template CRM Business Case Template
CRM Business Case Template Demand Metric
 
Design, Build and Run an Effective IT (Service) Strategy to Business Needs
Design, Build and Run an Effective IT (Service) Strategy to Business NeedsDesign, Build and Run an Effective IT (Service) Strategy to Business Needs
Design, Build and Run an Effective IT (Service) Strategy to Business NeedsFlevy.com Best Practices
 
Telco digital transfomation view by Exacaster 2019
Telco digital transfomation view by Exacaster 2019 Telco digital transfomation view by Exacaster 2019
Telco digital transfomation view by Exacaster 2019 Jolita Bernotiene
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship ManagementJoveria Beg
 
How Banking as a Service Will Keep Banks Digitally Relevant and Growing
How Banking as a Service Will Keep Banks Digitally Relevant and GrowingHow Banking as a Service Will Keep Banks Digitally Relevant and Growing
How Banking as a Service Will Keep Banks Digitally Relevant and GrowingCognizant
 
Insights on Procurement Data with Analytics Solutions from SAP
Insights on Procurement Data with Analytics Solutions from SAPInsights on Procurement Data with Analytics Solutions from SAP
Insights on Procurement Data with Analytics Solutions from SAPSAP Ariba
 
Business-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRMBusiness-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRMRobert Gilfoyle
 
Accounts payable and Best Practice Principles Automation - Sydney 2016
Accounts payable and Best Practice Principles Automation - Sydney 2016Accounts payable and Best Practice Principles Automation - Sydney 2016
Accounts payable and Best Practice Principles Automation - Sydney 2016Alexandra Khalifa
 
Chase Bank Digital Strategy
Chase Bank Digital Strategy Chase Bank Digital Strategy
Chase Bank Digital Strategy Sierra Resovsky
 
Supercharge your Salesforce Reports and Dashboards
Supercharge your Salesforce Reports and DashboardsSupercharge your Salesforce Reports and Dashboards
Supercharge your Salesforce Reports and DashboardsNetStronghold
 
open-banking-on-aws.pdf
open-banking-on-aws.pdfopen-banking-on-aws.pdf
open-banking-on-aws.pdfssuser36a70f
 
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term LoyaltyDigital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term LoyaltyCognizant
 
Data Quality & Data Governance
Data Quality & Data GovernanceData Quality & Data Governance
Data Quality & Data GovernanceTuba Yaman Him
 
Customer Experience and Loyalty
Customer Experience and LoyaltyCustomer Experience and Loyalty
Customer Experience and LoyaltyEpsilon Marketing
 
Open banking-Future of Banking
Open banking-Future of BankingOpen banking-Future of Banking
Open banking-Future of Bankingfarhan ali
 

Was ist angesagt? (20)

Salesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and Aptaria
Salesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and AptariaSalesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and Aptaria
Salesforce for Nonprofits: An Introduction to Salesforce.org. NPSP, and Aptaria
 
SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...
SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...
SAP Ariba Solutions Realized: Stories of Effective Implementation and Forward...
 
Innovating with Cisco Contact Center Architectures
Innovating with Cisco Contact Center ArchitecturesInnovating with Cisco Contact Center Architectures
Innovating with Cisco Contact Center Architectures
 
Churn Predictive Modelling
Churn Predictive ModellingChurn Predictive Modelling
Churn Predictive Modelling
 
CRM Business Case Template
CRM Business Case Template CRM Business Case Template
CRM Business Case Template
 
Design, Build and Run an Effective IT (Service) Strategy to Business Needs
Design, Build and Run an Effective IT (Service) Strategy to Business NeedsDesign, Build and Run an Effective IT (Service) Strategy to Business Needs
Design, Build and Run an Effective IT (Service) Strategy to Business Needs
 
Telco digital transfomation view by Exacaster 2019
Telco digital transfomation view by Exacaster 2019 Telco digital transfomation view by Exacaster 2019
Telco digital transfomation view by Exacaster 2019
 
Customer 360
Customer 360Customer 360
Customer 360
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Management
 
How Banking as a Service Will Keep Banks Digitally Relevant and Growing
How Banking as a Service Will Keep Banks Digitally Relevant and GrowingHow Banking as a Service Will Keep Banks Digitally Relevant and Growing
How Banking as a Service Will Keep Banks Digitally Relevant and Growing
 
Insights on Procurement Data with Analytics Solutions from SAP
Insights on Procurement Data with Analytics Solutions from SAPInsights on Procurement Data with Analytics Solutions from SAP
Insights on Procurement Data with Analytics Solutions from SAP
 
Business-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRMBusiness-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRM
 
Accounts payable and Best Practice Principles Automation - Sydney 2016
Accounts payable and Best Practice Principles Automation - Sydney 2016Accounts payable and Best Practice Principles Automation - Sydney 2016
Accounts payable and Best Practice Principles Automation - Sydney 2016
 
Chase Bank Digital Strategy
Chase Bank Digital Strategy Chase Bank Digital Strategy
Chase Bank Digital Strategy
 
Supercharge your Salesforce Reports and Dashboards
Supercharge your Salesforce Reports and DashboardsSupercharge your Salesforce Reports and Dashboards
Supercharge your Salesforce Reports and Dashboards
 
open-banking-on-aws.pdf
open-banking-on-aws.pdfopen-banking-on-aws.pdf
open-banking-on-aws.pdf
 
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term LoyaltyDigital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
 
Data Quality & Data Governance
Data Quality & Data GovernanceData Quality & Data Governance
Data Quality & Data Governance
 
Customer Experience and Loyalty
Customer Experience and LoyaltyCustomer Experience and Loyalty
Customer Experience and Loyalty
 
Open banking-Future of Banking
Open banking-Future of BankingOpen banking-Future of Banking
Open banking-Future of Banking
 

Ähnlich wie Exacaster prepaid to postpaid customer retention-case study

Ultra mobile case study. Customer retention
Ultra mobile case study. Customer retentionUltra mobile case study. Customer retention
Ultra mobile case study. Customer retentionJolita Bernotiene
 
Intent Based Segmentation by CleverTap
Intent Based Segmentation by CleverTapIntent Based Segmentation by CleverTap
Intent Based Segmentation by CleverTapCleverTap
 
Multichannel Retention Strategies: A Steady Diet of Low-Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low-Hanging FruitMultichannel Retention Strategies: A Steady Diet of Low-Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low-Hanging FruitInfoCision Management Corporation
 
What is Customer Success?
What is Customer Success?What is Customer Success?
What is Customer Success?Shreesha Ramdas
 
The Ultimate Guide To Pumping Up Your Direct Mail Marketing
The Ultimate Guide To Pumping Up Your Direct Mail MarketingThe Ultimate Guide To Pumping Up Your Direct Mail Marketing
The Ultimate Guide To Pumping Up Your Direct Mail MarketingMaggie Young
 
Customer Segmentation for Retention Strategy
Customer Segmentation for Retention StrategyCustomer Segmentation for Retention Strategy
Customer Segmentation for Retention StrategyMelody Ucros
 
How athenahealth Listens to Customers with Surveys and Salesforce
How athenahealth Listens to Customers with Surveys and SalesforceHow athenahealth Listens to Customers with Surveys and Salesforce
How athenahealth Listens to Customers with Surveys and SalesforceGetFeedback (by SurveyMonkey)
 
Infinity SMB B2B Sales customer acquisition sales campaign metrics
Infinity SMB B2B Sales customer acquisition sales campaign metricsInfinity SMB B2B Sales customer acquisition sales campaign metrics
Infinity SMB B2B Sales customer acquisition sales campaign metricsInfinity Contact
 
How loyalty programs help brick and mortar retailers win customers back in th...
How loyalty programs help brick and mortar retailers win customers back in th...How loyalty programs help brick and mortar retailers win customers back in th...
How loyalty programs help brick and mortar retailers win customers back in th...PwC Polska
 
Aegon Americas: Leveraging leading positions in workplace and individual solu...
Aegon Americas: Leveraging leading positions in workplace and individual solu...Aegon Americas: Leveraging leading positions in workplace and individual solu...
Aegon Americas: Leveraging leading positions in workplace and individual solu...Aegon
 
Customer Insights That Drive User Engagement
Customer Insights That Drive User EngagementCustomer Insights That Drive User Engagement
Customer Insights That Drive User EngagementCleverTap
 
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...David Pittman
 
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...IBM Analytics
 
Customer Strategy Case Study: Microsoft Retains Customers in the Cloud
Customer Strategy Case Study: Microsoft Retains Customers in the CloudCustomer Strategy Case Study: Microsoft Retains Customers in the Cloud
Customer Strategy Case Study: Microsoft Retains Customers in the CloudPeppers & Rogers Group
 
Multichannel Retention Strategies: A Steady Diet of Low Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low Hanging FruitMultichannel Retention Strategies: A Steady Diet of Low Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low Hanging FruitVivastream
 
Decoding the KPI Kaleidoscope with Sandfox Advisors
Decoding the KPI Kaleidoscope with Sandfox AdvisorsDecoding the KPI Kaleidoscope with Sandfox Advisors
Decoding the KPI Kaleidoscope with Sandfox Advisorssaastr
 
Loyalty
LoyaltyLoyalty
Loyaltyhengfu
 
Accenture maximizing-customer-retention
Accenture maximizing-customer-retentionAccenture maximizing-customer-retention
Accenture maximizing-customer-retentionAmer Sayed
 
CRM Analytics_Marketelligent
CRM Analytics_MarketelligentCRM Analytics_Marketelligent
CRM Analytics_MarketelligentMarketelligent
 

Ähnlich wie Exacaster prepaid to postpaid customer retention-case study (20)

Ultra mobile case study. Customer retention
Ultra mobile case study. Customer retentionUltra mobile case study. Customer retention
Ultra mobile case study. Customer retention
 
Intent Based Segmentation by CleverTap
Intent Based Segmentation by CleverTapIntent Based Segmentation by CleverTap
Intent Based Segmentation by CleverTap
 
Multichannel Retention Strategies: A Steady Diet of Low-Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low-Hanging FruitMultichannel Retention Strategies: A Steady Diet of Low-Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low-Hanging Fruit
 
What is Customer Success?
What is Customer Success?What is Customer Success?
What is Customer Success?
 
The Ultimate Guide To Pumping Up Your Direct Mail Marketing
The Ultimate Guide To Pumping Up Your Direct Mail MarketingThe Ultimate Guide To Pumping Up Your Direct Mail Marketing
The Ultimate Guide To Pumping Up Your Direct Mail Marketing
 
Customer Segmentation for Retention Strategy
Customer Segmentation for Retention StrategyCustomer Segmentation for Retention Strategy
Customer Segmentation for Retention Strategy
 
How athenahealth Listens to Customers with Surveys and Salesforce
How athenahealth Listens to Customers with Surveys and SalesforceHow athenahealth Listens to Customers with Surveys and Salesforce
How athenahealth Listens to Customers with Surveys and Salesforce
 
Infinity SMB B2B Sales customer acquisition sales campaign metrics
Infinity SMB B2B Sales customer acquisition sales campaign metricsInfinity SMB B2B Sales customer acquisition sales campaign metrics
Infinity SMB B2B Sales customer acquisition sales campaign metrics
 
How loyalty programs help brick and mortar retailers win customers back in th...
How loyalty programs help brick and mortar retailers win customers back in th...How loyalty programs help brick and mortar retailers win customers back in th...
How loyalty programs help brick and mortar retailers win customers back in th...
 
Aegon Americas: Leveraging leading positions in workplace and individual solu...
Aegon Americas: Leveraging leading positions in workplace and individual solu...Aegon Americas: Leveraging leading positions in workplace and individual solu...
Aegon Americas: Leveraging leading positions in workplace and individual solu...
 
Customer Insights That Drive User Engagement
Customer Insights That Drive User EngagementCustomer Insights That Drive User Engagement
Customer Insights That Drive User Engagement
 
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
 
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
Acquire, grow and retain customers with IBM Big Data & Analytics - Client Exa...
 
Customer Strategy Case Study: Microsoft Retains Customers in the Cloud
Customer Strategy Case Study: Microsoft Retains Customers in the CloudCustomer Strategy Case Study: Microsoft Retains Customers in the Cloud
Customer Strategy Case Study: Microsoft Retains Customers in the Cloud
 
Multichannel Retention Strategies: A Steady Diet of Low Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low Hanging FruitMultichannel Retention Strategies: A Steady Diet of Low Hanging Fruit
Multichannel Retention Strategies: A Steady Diet of Low Hanging Fruit
 
Decoding the KPI Kaleidoscope with Sandfox Advisors
Decoding the KPI Kaleidoscope with Sandfox AdvisorsDecoding the KPI Kaleidoscope with Sandfox Advisors
Decoding the KPI Kaleidoscope with Sandfox Advisors
 
Loyalty
LoyaltyLoyalty
Loyalty
 
Accenture maximizing-customer-retention
Accenture maximizing-customer-retentionAccenture maximizing-customer-retention
Accenture maximizing-customer-retention
 
CRM Analytics_Marketelligent
CRM Analytics_MarketelligentCRM Analytics_Marketelligent
CRM Analytics_Marketelligent
 
Blueprint for Customer Loyalty
Blueprint for Customer LoyaltyBlueprint for Customer Loyalty
Blueprint for Customer Loyalty
 

Kürzlich hochgeladen

Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLScyllaDB
 
Search Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfSearch Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfRankYa
 
Advanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionAdvanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionDilum Bandara
 
Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Mattias Andersson
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfAlex Barbosa Coqueiro
 
DevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache MavenDevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache MavenHervé Boutemy
 
How to write a Business Continuity Plan
How to write a Business Continuity PlanHow to write a Business Continuity Plan
How to write a Business Continuity PlanDatabarracks
 
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024BookNet Canada
 
Leverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage Cost
Leverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage CostLeverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage Cost
Leverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage CostZilliz
 
DSPy a system for AI to Write Prompts and Do Fine Tuning
DSPy a system for AI to Write Prompts and Do Fine TuningDSPy a system for AI to Write Prompts and Do Fine Tuning
DSPy a system for AI to Write Prompts and Do Fine TuningLars Bell
 
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsMark Billinghurst
 
Vertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering TipsVertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering TipsMiki Katsuragi
 
Unleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding ClubUnleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding ClubKalema Edgar
 
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo DayH2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo DaySri Ambati
 
Streamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project SetupStreamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project SetupFlorian Wilhelm
 
TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024Lonnie McRorey
 
DevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platformsDevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platformsSergiu Bodiu
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyAlfredo García Lavilla
 

Kürzlich hochgeladen (20)

Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQL
 
Search Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfSearch Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdf
 
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptxE-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
 
Advanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionAdvanced Computer Architecture – An Introduction
Advanced Computer Architecture – An Introduction
 
Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?Are Multi-Cloud and Serverless Good or Bad?
Are Multi-Cloud and Serverless Good or Bad?
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdf
 
DevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache MavenDevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache Maven
 
How to write a Business Continuity Plan
How to write a Business Continuity PlanHow to write a Business Continuity Plan
How to write a Business Continuity Plan
 
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
 
Leverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage Cost
Leverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage CostLeverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage Cost
Leverage Zilliz Serverless - Up to 50X Saving for Your Vector Storage Cost
 
DSPy a system for AI to Write Prompts and Do Fine Tuning
DSPy a system for AI to Write Prompts and Do Fine TuningDSPy a system for AI to Write Prompts and Do Fine Tuning
DSPy a system for AI to Write Prompts and Do Fine Tuning
 
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR Systems
 
Vertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering TipsVertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering Tips
 
Unleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding ClubUnleash Your Potential - Namagunga Girls Coding Club
Unleash Your Potential - Namagunga Girls Coding Club
 
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo DayH2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
 
Streamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project SetupStreamlining Python Development: A Guide to a Modern Project Setup
Streamlining Python Development: A Guide to a Modern Project Setup
 
TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024
 
DevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platformsDevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platforms
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easy
 

Exacaster prepaid to postpaid customer retention-case study

  • 1. Telecom cuts churn up to 4x of postpaid subscribers recently migrated from prepaid plans Customer Retention Solution OFFER TAILORED POSTPAID PLANS PREDICT NEW CUSTOMER CHURN TARGET CUSTOMERS WITH HIGHER LOYALTY POTENTIAL CREATE A GROWING POSTPAID BASE Next generation predictive analytics Are they for you?
  • 2. Case Study The company needed to improve its existing marketing campaigns by selectively reaching out to the high-value subscribers who were most likely to stay with their new postpaid plans after migration from prepaid. THE NEED • To build an automated solution in order to determine which subscribers are most likely to stay longer with the company after their migration from prepaid to postpaid plans. • To reduce the churn rate acquiring better customers. THE OBJECTIVES Postpaid subscribers are smaller in number, but they contribute significantly to an operator's revenues. They generate steadier income flows than prepaid subscribers, who only top-up their phones as and when need to. The loss of postpaid customers is a big challenge for operators, and telecoms work hard to retain these subscribers by offering them customized plans. Targeting marketing campaigns at the right customers can reduce operational costs and improve overall business performance. BUSINESS ENVIRONMENT Our customer is a telecommunications company that provides mobile, landline, TV and internet services to the millions of households. THE CLIENT
  • 3. AI powered analytics identified better acquisition candidates We implemented a predictive model to select subscrib- ers from the prepaid base who had the highest proba- bility of staying with the company after shifting to a postpaid plan. The predictive model was trained using a base of real data from customers who had previously migrated from prepaid to postpaid plans. Analysis was carried out using Exacaster's Customer 360 profiling applica- tion. Customers selected by the predictive model showed far better survival performance after the 6 month period. Postpaid subscribers stayed longer, with the churn rate down up to 4 times depending on the country. Individual campaigns executed in different markets To evaluate the outcomes and conduct a comparative analysis, the client formed a control group of subscrib- ers selected using standard business criteria. A target group was created using Exacaster's predic- tive model, and then two marketing campaigns were executed simultaneously. Both groups of prepaid sub- scribers were contacted by the client's call centers in three countries, and customers were offered postpaid plans that suited their consumption and purchase needs. THE SOLUTION Business results BUSINESS RESULTS Country 1 Country 2 Country 3 Up to 4x churn reduction for customers recently migrated from prepaid to postpaid plans Churn Rate Reduction 60 % 50 % 40 % 30 % 20 % 10 % 0 % Control group, selected using standard business criteria Subscribers, selected by Exacaster's predictive model 2.5x 4x 2x
  • 4. Why Exacaster Discover the potential of next-generation predictive analytics with Exacaster Let us know what you are interested in: Free assesment of your customer retention activities Free onsite workshop to deep-dive into the benefits of AI powered process automation Free trial of our Smart Marketing Toolkit platform SMART MARKETING TOOLKIT 5. Reporting Evaluates the performance of the retention campaigns 1. Customer 360 Profile Provides thousands of behavioral metrics for customer evaluation 2. Segments Identifies customers with similar behavioral patterns 3. Propensity models powered by AI Machine learning evaluates subscribers and assigns them a churn probability 4. Campaign automation Targets customers with personalized retention offers across all touch-points and channels Customer retention solution was created using the building blocks of our Smart Marketing Toolkit. This analytical software combines 5 modules to create proactive, personalized customer value management strategies. Contact us Jolita Bernotiene Sales Director https://www.linkedin.com/in/jolitabernotiene www.exacaster.com jolita@exacaster.com LinkedIn profile