Date post: | 22-Jun-2015 |
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Integrated Value
Proposition
Integrated Value
Proposition September, 2009 September, 2009
The Force For Strategic Advantage
Vodafone Commercial
“Every object in a state of rest or uniform motion
Tends to remain in that state of motion…”
“Every object in a state of rest or uniform motion
Tends to remain in that state of motion…”
Newton's First Law:Newton's First Law:
Forces Of LoyaltyForces Of Loyalty
Car Manufacturers
Car Manufacturers
Car Distributors / Dealerships Networks
Car Distributors / Dealerships Networks
Local BrandLocal Loyalty
Local BrandLocal Loyalty
BrandLoyalty
BrandLoyalty
Unless an External Force Is Applied To It) Newton's First Law)
Unless an External Force Is Applied To It) Newton's First Law)
F = Integrated Value Proposition = 5 X RF = Integrated Value Proposition = 5 X R
F = Integrated Value Proposition
F = Integrated Value Proposition
Who wants to survive needs to create an External New Force – the 5 Rs Force
Who wants to survive needs to create an External New Force – the 5 Rs Force
The New External Force – The 5 R’s Force The New External Force – The 5 R’s Force
• The Right offer
• to the Right person
• at the Right time
• through the Right channel
• with the Right approach
Right Offer – Change perceptionRight Offer – Change perception The Old Paradigm The Old Paradigm
Focus on - New Car SalesFocus on - New Car Sales
KPI – Number Of Vehicles KPI – Number Of Vehicles
Right Offer – Change PerceptionThe New ParadigmThe New Paradigm
Integrated Value Proposition – Customer FocusIntegrated Value Proposition – Customer FocusKPI – Customer Value KPI – Customer Value
Security Package Security Package
Vehicle OnlineInformation
Vehicle OnlineInformation
P2P ServicesP2P Services
Concierge Services
Concierge Services
Road Side Assistant Services
Road Side Assistant Services
Towing ServicesTowing ServicesMaintenanceAgreementsMaintenanceAgreements
LeasingLeasing
InsuranceInsurance
AccessoriesAccessories
Distress Button
Distress Button
Right Offer - Design Product & Services that increase Long-Term Customer Commitment
Right Offer - Design Product & Services that increase Long-Term Customer Commitment
Social NetworkSocial NetworkAnchoring Product & Services
Anchoring Product & Services
Moment of Truth Management
Moment of Truth Management
Customer
Customer
Conquer the customer’s social
network
Conquer the customer’s social
network
Design Product & Services that make strong obligation
Design Product & Services that make strong obligation
Be Prepared to your customer needs &
expectation
Be Prepared to your customer needs &
expectation
For Example:
Financial products, Insurance policy,
Service and Maintenance
agreements, Customer Clubs, Etc
For Example:
Financial products, Insurance policy,
Service and Maintenance
agreements, Customer Clubs, Etc
For Example:
Promotional events, Referral vouchers,
Rewards that reach your customer’s family and
friends, Etc
For Example:
Promotional events, Referral vouchers,
Rewards that reach your customer’s family and
friends, Etc
For Example:
Periodic maintenance, Accident, Birthday, Yearly inspection,
Trade In
For Example:
Periodic maintenance, Accident, Birthday, Yearly inspection,
Trade In
Right Person - Align with Our Customer Needs & ExpectationRight Person - Align with Our Customer Needs & Expectation
Customer segment / Value
Value To The Customer
(VTC)
Value To The Customer
(VTC)
Needs & Expectation
(N&E)
Needs & Expectation
(N&E)
Value From The Customer
(VFC)
Value From The Customer
(VFC)
Right Time - Understand the Customer Life Cycle
• Reactive emotional MOT:o Accidentso Costly mechanical repair
out of warrantyo Recurring malfunctiono Vehicle end-of- life
• Proactive opportunities using products:
o Yearly inspectiono Prepare your car for wintero Trade-in for a new / used
car
Sale
Right Channel - Create Accessible Communication ChannelRight Channel - Create Accessible Communication Channel
Integrative Channels
Self Use Channel
Contact Center
Frontal
The Cost Pyramid
Cost $
Service / Sale Center
Road Side Assistant
24/7 CC
IVR / Internet
Back Office
Right Channel – Optimize the Benefits from Each Channel Right Channel – Optimize the Benefits from Each Channel
Front OfficeContact Center
Road Side
Assistant
Network Mng.
customer
Service Center Car Service
Car Sales
Customer Service, Information, Appointment Scheduling, Tech
Based Services, Etc.
Proactive Calls, Retention, Etc
Service
Appointment,
Accident, Etc\
Second Line Support
Sale Center
Right Approach – Create Customer Experience
Customer segment / Value
Product Leadership
Customer Intimacy
Operational Excellence
personal SegmentChanel
Multi - Chanel
customer
Create the External ForceCreate the External Force
F = 5 X RF = 5 X R
Integrated Value PropositionIntegrated Value Proposition
Create the Force For Strategic AdvantageCreate the Force For Strategic Advantage
The Right offer to the Right personat the Right timethrough the Right channel
with the Right approach
Thank YouThank You