* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download eircom business, No Surprises, (new window, 1.82MB, ppt)
Youth marketing wikipedia , lookup
Darknet market wikipedia , lookup
Ambush marketing wikipedia , lookup
Grey market wikipedia , lookup
Pricing strategies wikipedia , lookup
Market segmentation wikipedia , lookup
Multi-level marketing wikipedia , lookup
Customer relationship management wikipedia , lookup
Marketing research wikipedia , lookup
Neuromarketing wikipedia , lookup
Marketing communications wikipedia , lookup
Perfect competition wikipedia , lookup
Bayesian inference in marketing wikipedia , lookup
Digital marketing wikipedia , lookup
Market analysis wikipedia , lookup
Viral marketing wikipedia , lookup
Guerrilla marketing wikipedia , lookup
Product planning wikipedia , lookup
Marketing mix modeling wikipedia , lookup
Customer engagement wikipedia , lookup
Marketing plan wikipedia , lookup
Marketing channel wikipedia , lookup
Target audience wikipedia , lookup
Green marketing wikipedia , lookup
Direct marketing wikipedia , lookup
Integrated marketing communications wikipedia , lookup
Multicultural marketing wikipedia , lookup
Market penetration wikipedia , lookup
Service parts pricing wikipedia , lookup
Street marketing wikipedia , lookup
Target market wikipedia , lookup
Service blueprint wikipedia , lookup
Segmenting-targeting-positioning wikipedia , lookup
Services marketing wikipedia , lookup
Advertising campaign wikipedia , lookup
Global marketing wikipedia , lookup
No Surprises – Best New Product Launch 25th June 2010 Rachel Quinn, Marketing Communications Manager – Small Business eircom Estelle Gorby, Managing Director – Acorn Marketing Agenda o The Market Challenge o The Campaign Objective & Brief o Campaign Approach o The Creative o Results o Key Success Factors About Acorn Marketing Increasing market competition o eircom is no.1 provider of fixed line and broadband for business customers o In 2009 market environment changed when new players entered the fixed line market – Vodafone & O2 o New players had significant market share with their mobile base and offering aggressive pricing to gain market share o Also increased competition from other competitors including Imagine Customer behaviour changed o Customers increasingly were looking for ways to control and cut their costs o Customer were more proactive and receptive to new deals/offers o Customer churn became an increasing threat to eircom About Acorn Marketing Overall Objective Overall campaign objective Education of new proposition Make customers aware of new way to control their monthly costs Show eircom as offering equal value to competitors Persuade customers to stay with eircom Increase broadband sales/upgrades from bundle Reinforce “Why eircom” Campaign Brief to toAcorn Acorn Campaign brief Target: “At risk” customers (high propensity to churn) Launch new proposition to market Get stand out and engagement from the campaign Ensure cost effective retention of customers Recover revenue through up-sell of additional products About Acorn Marketing Overall Objective Our approach: Target market Analysed customers activity Identified those with higher than average bills Looked at their recent behaviour/activity & propensity to churn Established a defined target audience Small Companies and higher than average spend Overall Objective Our approach: Format/media Direct Mail – Get Cut through with customer. No Clutter Cost effective – focus on cost per piece Effective doesn’t have to be Expensive or Plain Leveraged lower postal rates and optimal size Most effective combination - Self Mailer or Letter/Mailer/Envelope? Ensured clear space throughout to deliver message in a clean and step by step format Objective OurOverall approach: Message Tell Me Quick. Tell Me True Introducing a new way to control your bills and manage costs Line Rental, Calls all for a fixed monthly fee (€32.99) eircom has listened to customers – and responded New Proposition is opportunity to save costs Other reasons why eircom is right for your business Overall Objective Our approach: Call to action What is it you want me to do. Immediate opportunity for your business to save. Act today Strong Call to Action throughout – reinforced front and back. Why not add broadband too.. For a total price of only xxx About Acorn Marketing Our approach: Creative Our approach: Creative Our approach: Creative Our approach: Creative About Acorn Marketing Overall Objective Results Exceeded expected volume of calls and sales The highest response rate from any broadband/voice DM to date Churn improved by over 50% with “at risk customers” Cost per sale was much lower than expected Positioned eircom as offering equal value to competitors About Acorn Marketing Overall Objective Key factors to success Best Practice Customer Retention – Proactive and ongoing strategy Adapted to market changes quickly and reacted Positioned eircom as reacting to market conditions Strong Uptake : Excellent cost per lead, cost per switch Excellent Return on Investment About Acorn Marketing