Title of the Project: CUSTOMER & RETAILER LIFECYCLE MANAGEMENT AND INCREASING THE EFFICIENCY OF TELECALLING SO AS TO INCREASE THE PROFITABILITY OF THE COMPANY
Progress Report: MTS India is an Indian subdivision of Russian Mobile Tele Systems Telecommunication Company headquartered in New Delhi, India. It provides wireless voice, broadband Internet, messaging and data services in India. MTS India is a subsidiary of Russian conglomerate Sistema and operates across India with over 16 million customers. As a marketing Intern I have to work for improving customer and retailer lifecycle management so as to understand the perceptions of customers towards different offers and their satisfaction with the services offered by MTS in particular and to segment the customers according to their usage so as to target them. The ongoing processes Im involved in are as follows- 1) Studying the market potential of MTS in comparison to other operators and also the plans provided by MTS with respect to other operators by conducting marketing surveys aswell as interviewing the customers aswell as the retailers all over Delhi to get useful insights regarding the customer behavior. 2) Travelling to different zones(east Delhi and a bit of south Delhi covered till now) to tell the retailers(divided on the bases of priority based on the revenue they earn for MTS) how they are doing and if their sales have increased with respect to last year then boost their confidence and tell them how to earn more commission which in turn will increase the sales and bring in more revenue for the company. Otherwise if the sales are down with respect to last year tell them ways how they can improve and increase their commissions like the other retailers are doing. 3) Market the activity of MTS providing the best offers for customers for both voice and data.Make the retailers aware about the online portal 9958 which will help them earn more commission and also upgrade the customers for a higher recharge which will increase our sales and revenue
4) Improve the relationship with the retailers by getting their feedback on how our service can be improved and what do they expect from us,if they are having issues with providing our service note them down and tell that to the concerned authorities.Inform them about the regular offers and provide them with MTS goodies.And add posters of MTS wherever required. 5)Provide regular visits to the telecalling agency which deals with our entire customer base and inform them about the expiration of their recharges and provide them with the best offers and schemes available.Also note their complaints and maintain monthly record of the recharges done. 6) In order to increase the efficiency of telecalling notice the productivity of all the telecallers,note down their telecalling pattern,and communication skills whether theyre able to provide the customers with the required information.Also improve their speed and quality. 7) The project also involves customer engagement via telephone,mails to know the customer perspective for our product whether the customer is interested in the product and whether its selling as expected in the market.and if its not,then list the possible reasons and alternatives for the same. 8)The project requires to be in constant touch with the BRs(Branded Retailers) to bring out maximum sale of the offers to the customers
Main Learnings: 1)CLM will ultimately help me in finding out the untapped markets and how to exploit it to the fullest and to the advantage of the company by directly seeing the customer behavior and finding out their needs 2) Also this project will help me understand how to communicate effectively in the already cluttered telecom market and help the company to extract revenue from the target customer. 3) The project also involves CLIENT ON-BOARDING i.e. pitching to the customers and is one of the most critical functions for an organization as it directly impacts client experience, servicing and relationships - all of which, in turn, impact profits 4) The Purpose of the project studying Customer lifecycle management through Retailers is to understand the perceptions of Branded retailers (BRs) towards different offers and satisfy them with different offers by studying their behavior. This would help us in generating extra revenue for the company as well as the Branded Retailers (BRs). 5)I learnt that by being in constant touch with the BRs to bring out maximum sale of the offers to the customers the retailers feel a lot more satisfied and try their best to increase their sale as well as their commission 6) Airtel and Vodafone have dominated the telecom market for years,competition for MTS is huge 7) Giving small retailers good hoardings and posters of MTS which highlights and markets their stores makes them more loyal towards our brand.
Challenges faced: 1) Since AIRTEL and Vodafone have dominated the telecom industry for years so its very difficult to gather interest of retailers towards MTS and to make them listen to our offers and be loyal towards the brand. 2) Theres a shortage of manpower in the telecalling agency,MTS needs to hire more agencies to as to provide a vigorous and satisfactory service to the customers. 3) Theres a huge need to improve the budget of marketing and advertising of MTS since the competition is doing an aggressive marketing 4) MTS needs to get into the GSM market since CDMA is very limited in itself and has a very less market share. 5) There should be improvement in the schemes offered by MTS like offering some combo schemes along with their handsets so that the customer is compelled to buy it. 6) Theres a lot of unskilled labour which needs improvement in telecalling as well as marketing.