Prior Situation / Scenario:
- Campaigns were mainly focused during the tail end of customer life cycle
- Limited onboarding process (highly dependant on Contact Center capacity)
- 100% of Up-sell was done through high-cost human intervention
Client Challenges:
- How to take advantage of data to maximize Upsell
- Ability to make strategic changes on campaign and improve time to market and execution
- Fully automated campaign processes
Strata Solution/ Key Enablers:
- Automation of data pipelines under DataOps framework, with reports and alarms, to scale and secure sales execution
- Scripts with multiple parameters allow customer to perform campaign changes as required with relevant impact in production
- Real time processing of events ( Service Orders and Payments)
Outcome:
- Substantial uptake improvement in the early life cycle campaign (even before they were activated)
- Fully automated process for target selection
- Time to execution was substantially reduced
- Customer contactability increased by 17% and conversion increased by 21%
- Upselling revenue rose by 11%
Results:
Broadband upselling conversions within the first year of customer lifetime increased by 23%, impacting customer lifetime value by 6% and lowering cost of sales for VAS by 27%