Pricing in Telecom

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THE TELECOM FACTORY

Transcript of Pricing in Telecom

Page 1: Pricing in Telecom

THE TELECOM FACTORY

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WHAT DO WE PRODUCE & SELL IN TELECOM?

EXPERIENCE

SERVICE

CONNECTIVITY

CONVINIENCE

ETCETRA ? 3G / 4G / 5G

HYBRID / POSTPAID / PREPAID

WIFI / LEASEDLINE

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CHANGING PRODUCTION LINE @ TELECOM FACTORY

COMMUNICATION ENABLER

INFOTAINMENT

IDENTITY

SOCIAL

ENGAGEMENT

MEDIA

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Mr. Money says;

STEP 1: Define customer segments

STEP 2: Identify their need

STEP 3: Prepare GTM

STEP 4: EXECUTION ~ EXECUTION

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PRICING

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WHICH MODEL DO YOU USE!

COMPETITIVE PRICING

COST PLUS

VALUE BASED

PRICING

Lifetime VALUE

PERCEPTION

PRICING .

Competitive positioning

& LTV

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When applied in

isolation

it could destroy

value

DEFINING THE MODELS

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LETS TAKE AN EXAMPLE

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THE FIRST 3 STEPS

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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

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PERCEPTION PRICING

Dynamic discounting

SMART bundles

Segmented Combo

Link

to your

strategy

Value

share

Market

share ?

Geographic / granular

implementation is key

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Mr. Money says;

PRICING IS NOT A ONE-OFF EXERCISE BUT A DAY TO DAY RESPONSIBILITY

CAUTION: DON’T CAUSE A PRICE WAR

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SUMMARY

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Pricing is about CUSTOMER ECONOMICS

BIG DATA is crucial to get DRIVE VALUE for BUSINESS & CUSTOMER

DELIVERY CHANNEL with GRANUAL focus

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THANK YOU

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BACKUP

I Under

II Optimal

III Over

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Lifetime Value based pricing simulation

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SO WHATS YOUR STRATEGY