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Raj Sunder's presentation on 'New Business Models for Telecom Application Success' given in the Telco Summit of TADS, Telecom Application Developer Summit, 21-22 Nov 2013 in Bangkok
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Index Quick Rewind of Telco Apps
Lost Opportunities
Future of Telco’s / ISP’s
Importance of customer experience to create successful
Biz.
Segmented Services : Key to successful Biz Model
Potential Biz Models
Secret Sauce
11/23/2013 2
11/23/2013 3
Quick Rewind of Telco Journey
2000-2005 2005-2010 2010-2012 2013
1. Monotone 2. Wallpapers 3. Snakes &
Tetris 4. Voice & SMS
Billing
1. CRBT 2. Mp3 Tones 3. Game Downloads 4. Embedded Apps
for RT & WP 5. SMS 6. 3rd Party Billing
services
1. Full Track Music 2. Video Streaming 3. 3rd Party IM 4. Embedded Apps 5. Online Games 6. 3rd Party Billing
services
1. OTT Services (IM, Entertainment, Productivity*)
2. 3rd Party Billing Services
Voice & SMS tariffing Data Tariffing Primary focus DATA
11/23/2013 4
Lost Opportunities
•Which was the first social networking platform?
•Which was the first “Text Expression” platform?
•Which was the first “Location Based Social Platform”?
•Which was the first digital wallet?
• Which was the first “Instant Messenger and Rich Communicator”?
Future of Telco’s / ISP’s
11/23/2013 5
Dumb Pipe Smart Pipe Artificially Intelligent
Pipe
• Cant afford to be a dumb pipe as the cost vs revenue per subscriber to offer data services is not
• Pipes need to be
smarter by connecting with various OTT services
• Offer more personalized services in partnership with OTT players
• API as a service to create rich and intelligent services with best in class user experience supported by friendly cosnumer models.
Importance of customer experience “Indonesia Telco Case Study”
Pre-BRTI
STOP
Same Service, Same Experience, Same Subscription, New
Campaigns
Listen to Customer “VOICE”
Same Service, New & Simplified Experience,
Simplified Pricing
Segmented Engagements
Profiling Customers
Gained customer Trust &
Simplified Experience
RBT most popular service among all telcos with highest $ contributor
BRTI : Start from scratch, Remove all subscribers
RBT : Subscription service with not-so customer friendly experience
Customer Voice : They don’t trust “SUBSCRIPTION” and experience is not
friendly
RBT Innovation : We removed subscription, “Pay only when your RBT
plays”
11/23/2013 6
Life-time on the network
Devices Segmented
Segmented based on Usage
& Interests.
Spending Split
Segmented Engagement
SEGMENTED ENGAGEMENT
PROGRAMS
“ API driven Programs”
One size programs
doesn’t fit ALL.
Segment programs based on customer segments.
Create Engagements based on Interests.
Acknowledge feedback to improve engagements.
Always be “Responsive”
11/23/2013 7
Pricing
Segmented Customers interfacing with 3rd part services
Know your customer
Flow to creating successful Biz Model under Telco Environment
Personalized Services with Freemium Model
Synchronized Manual + Automated responsive system
11/23/2013 8
Preferable Customer & Biz Models
• Create “Partnered Service” which could generate acquisitions for Telcos
• Services which could get higher engagement & retention will be of greater need.
• Preferable a “Freemium” model, customer do pay when they see a value.
• Partner with Telco's to provide a service with an “Easy to start model with clear KPI’s”
• Focus more on “Communication and Customer reach” as a strong leg for adoption and revenues 11/23/2013 9
Secret Sauce
11/23/2013 10
THERE IS NO SECRET SAUCE
POTENTIAL INGRIDENTS : • Personalization
• Targeting
• User Experience
• Analytics & Recommendation
• Responsive to customer queries, feedbacks, complaints.