Pricing in Telecom
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Transcript of Pricing in Telecom
THE TELECOM FACTORY
WHAT DO WE PRODUCE & SELL IN TELECOM?
EXPERIENCE
SERVICE
CONNECTIVITY
CONVINIENCE
ETCETRA ? 3G / 4G / 5G
HYBRID / POSTPAID / PREPAID
WIFI / LEASEDLINE
CHANGING PRODUCTION LINE @ TELECOM FACTORY
COMMUNICATION ENABLER
INFOTAINMENT
IDENTITY
SOCIAL
ENGAGEMENT
MEDIA
Mr. Money says;
STEP 1: Define customer segments
STEP 2: Identify their need
STEP 3: Prepare GTM
STEP 4: EXECUTION ~ EXECUTION
PRICING
WHICH MODEL DO YOU USE!
COMPETITIVE PRICING
COST PLUS
VALUE BASED
PRICING
Lifetime VALUE
PERCEPTION
PRICING .
Competitive positioning
& LTV
When applied in
isolation
it could destroy
value
DEFINING THE MODELS
LETS TAKE AN EXAMPLE
THE FIRST 3 STEPS
THE RIGHT LEVERS to CHOOSE
based on PRICING STRATEGY RATIONALISE TO BE CONSISTENT
TARIFF
COMPA
RATOR
MUST Simulate with
Economic model
AND TEST BEFORE you
SCALE
PERCEPTION PRICING
Dynamic discounting
SMART bundles
Segmented Combo
Link
to your
strategy
Value
share
Market
share ?
Geographic / granular
implementation is key
Mr. Money says;
PRICING IS NOT A ONE-OFF EXERCISE BUT A DAY TO DAY RESPONSIBILITY
CAUTION: DON’T CAUSE A PRICE WAR
SUMMARY
Pricing is about CUSTOMER ECONOMICS
BIG DATA is crucial to get DRIVE VALUE for BUSINESS & CUSTOMER
DELIVERY CHANNEL with GRANUAL focus
THANK YOU
BACKUP
I Under
II Optimal
III Over
Lifetime Value based pricing simulation
SO WHATS YOUR STRATEGY